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Nonprofiteer
← AMERICAN IDEA FOUNDATION INC

Form 990 for tax year 2024

Filed by AMERICAN IDEA FOUNDATION INC.

Totals

Total revenue
$767,869
Total expenses
$1,437,616
Contributions and grants received
$94,661
Grants paid
$350,000
Program service revenue
$0
Investment income
$673,208
Other revenue
$0
Total assets, end of year
$9,001,246
Total liabilities, end of year
$87,838
Net assets or fund balances, end of year
$8,913,408
Program services expenses (Part IX)
$1,032,381
Management and general expenses
$299,942
Fundraising expenses
$105,293
Program service expenses (Part III)
$1,032,381

Program services were 71.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $45,000

  • 1f · All other contributions, gifts and grants

    $49,661

  • 3 · Investment income

    total $217,739 · excluded $217,739

  • 7a · Gross sales of assets other than inventory

    securities $1,440,000

  • 7b · Less cost or other basis and sales expenses

    securities $984,531

  • 7c · Gain or loss

    securities $455,469

  • 7d · Net gain or loss

    total $455,469 · excluded $455,469

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $350,000 · program services $350,000

  • 5 · Compensation of officers, directors and key employees

    total $863,987 · program services $559,864 · management and general $221,179 · fundraising $82,944

  • 10 · Payroll taxes

    total $51,971 · program services $33,677 · management and general $13,305 · fundraising $4,989

  • 11b · Fees: legal

    total $60,000 · program services $37,898 · management and general $22,102

  • 11c · Fees: accounting

    total $16,475 · management and general $16,475

  • 11g · Fees: other

    total $23,149 · program services $15,240 · management and general $5,752 · fundraising $2,157

  • 12 · Advertising and promotion

    total $3,000 · program services $1,020 · management and general $960 · fundraising $1,020

  • 13 · Office expenses

    total $13,114 · program services $4,459 · management and general $4,196 · fundraising $4,459

  • 16 · Occupancy

    total $14,438 · program services $10,107 · management and general $2,888 · fundraising $1,443

  • 17 · Travel

    total $16,565 · program services $10,734 · management and general $4,241 · fundraising $1,590

  • 23 · Insurance

    total $6,613 · program services $3,159 · management and general $2,986 · fundraising $468

  • 24e · All other expenses

    total $18,304 · program services $6,223 · management and general $5,858 · fundraising $6,223

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $546,935 · end of year $649,086

  • 2 · Savings and temporary cash investments

    beginning of year $1,288,810 · end of year $1,317,549

  • 11 · Investments: publicly traded securities

    beginning of year $7,206,866 · end of year $7,008,119

  • 12 · Investments: other securities

    beginning of year $101,486 · end of year $7,213

  • 15 · Other assets

    beginning of year $2,692 · end of year $19,279

  • 17 · Accounts payable and accrued expenses

    beginning of year $62,383 · end of year $68,441

  • 25 · Other liabilities

    beginning of year $3,762 · end of year $19,397

  • 27 · Net assets without donor restrictions

    beginning of year $9,080,644 · end of year $8,913,408

Mission and programs · 2024

Mission

IN AMERICA, THE CIRCUMSTANCES OF YOUR BIRTH SHOULD NOT DETERMINE THE OUTCOME OF YOUR LIFE. THE AMERICAN IDEA FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO PROMOTING THE POLICIES AND PEOPLE WHO EVERY DAY GIVE MEANING TO THIS CONVICTION.THE FOUNDATION WORKS AT THE INTERSECTION OF GRASSROOTS, COMMUNITY-DRIVEN EFFORTS TO EXPAND OPPORTUNITY AND NATIONAL POLICYMAKERS WHO CAN IMPLEMENT CHANGE. THE FOUNDATION TAKES AN EVIDENCE-BASED APPROACH TO IDENTIFYING REAL-WORLD INITIATIVES THAT ARE ACHIEVING RESULTS, ARMING POLICYMAKERS WITH THE INFORMATION THEY NEED TO IMPROVE THE EFFORTS OF THE FEDERAL GOVERNMENT, AND LINKING PRACTITIONERS WITH ELECTED OFFICIALS TO REPLICATE THOSE SUCCESS STORIES IN OTHER COMMUNITIES IN NEED.THE AMERICAN IDEA FOUNDATION WILL DEMONSTRATE THAT IT IS THE BOTTOM-UP DYNAMISM OF INDIVIDUALS AND COMMUNITIES THAT TRULY MAKES AMERICA A LAND OF OPPORTUNITY AND PROSPERITY.

Activities or mission (Part I)

TO PROMOTE POLICIES AND PEOPLE WHO BELIEVE THE CIRCUMSTANCES OF YOUR BIRTH SHOULD NOT DETERMINE THE OUTCOME OF YOUR LIFE AND WORKS TO EDUCATE POLICYMAKERS AS WELL AS CONNECT PRACTITIONERS WITH ELECTED OFFICIALS.

  • IN AMERICA, THE CIRCUMSTANCES OF YOUR BIRTH SHOULD NOT DETERMINE THE OUTCOME OF YOUR LIFE. THE FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO PROMOTING THE POLICIES AND PEOPLE WHO EVERY DAY GIVE MEANING TO THIS CONVICTION. THE FOUNDATION WORKS AT THE INTERSECTION OF GRASSROOTS, COMMUNITY-DRIVEN EFFORTS TO EXPAND OPPORTUNITY AND NATIONAL POLICYMAKERS WHO CAN IMPLEMENT CHANGE. THE FOUNDATION TAKES AN EVIDENCE-BASED APPROACH TO IDENTIFYING REAL-WORLD INITIATIVES THAT ARE ACHIEVING RESULTS, ARMING POLICYMAKERS WITH THE INFORMATION THEY NEED TO IMPROVE THE EFFORTS OF THE FEDERAL GOVERNMENT, AND LINKING PRACTITIONERS WITH ELECTED OFFICIALS TO REPLICATE THOSE SUCCESS STORIES IN OTHER COMMUNITIES IN NEED. THE AMERICAN IDEA FOUNDATION IS COMMITTED TO EXPANDING THE ADOPTION AND USE OF EVIDENCE-BASED PUBLIC POLICIES TO IMPROVE OUTCOMES AND EXPAND ECONOMIC OPPORTUNITIES. THE FOUNDATION HAS PROMOTED EFFORTS TO INCREASE THE SCOPE OF EVIDENCE BASED PUBLIC POLICIES VIA IN-PERSON EVENTS, VIRTUAL GATHERINGS, AND WRITTEN PRODUCTS. THE AMERICAN IDEA FOUNDATION IS COMMITTED TO SHINING A LIGHT ON IDEAS SOLUTIONS THAT FIGHT POVERTY, PROMOTE UPWARD MOBILITY, AND GROW THE ECONOMY. THE FOUNDATION HAS DONE THIS BY UTILIZING SPEAKER PAUL RYAN'S PUBLIC PROFILE TO ENSURE THAT THE LAWS THAT WERE THE HALLMARK OF HIS CAREER ARE PROPERLY IMPLEMENTED AND EXECUTED. THE AMERICAN IDEA FOUNDATION IS COMMITTED TO WORKING WITH ACADEMIC PARTNERS AND RESEARCHERS TO ENSURE THAT COMMUNITY-BASED GROUPS' INITIATIVES AND SUCCESSES ARE VALIDATED BY DATA AND EMPIRICAL EVIDENCE. IT BRINGS POLICYMAKERS AND STAKEHOLDERS TO LOCAL ORGANIZATIONS AND EXPLAINS FIRST-HAND WHY THESE PROGRAMS ARE ACHIEVING RESULTS, WHAT EVIDENCE VALIDATES THEIR SUCCESS, AND HOW THESE SOLUTIONS CAN BE SCALED AND REPLICATED IN OTHER PARTS OF THE COUNTRY.

    Expenses $1,032,381 · Grants $350,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Paul Ryan

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Burks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ashlee Strong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Casey Higgins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Derrick Dockery

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jake Kastan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andrew Speth

    EXECUTIVE DIRECTOR

    Total calculated
    $322,009
    From this org
    $276,000
    From related orgs
    $0
    Other
    $46,009
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $276,000
    Bonus
    $0
    Other
    $0
    Deferred
    $11,040
    Nontaxable benefits
    $34,969
    Filer's total
    $322,009
  • Kevin Seifert

    VICE PRESIDENT/SENIOR ADVISOR

    Total calculated
    $213,347
    From this org
    $194,763
    From related orgs
    $0
    Other
    $18,584
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,763
    Bonus
    $0
    Other
    $0
    Deferred
    $7,304
    Nontaxable benefits
    $11,280
    Filer's total
    $213,347
  • Susan Jacobson

    TREASURER/DIR. OF ADMINISTRATION

    Total calculated
    $42,622
    From this org
    $30,254
    From related orgs
    $0
    Other
    $12,368
    Hours/week
    25
  • Patricia Guse

    SECRETARY/DIR. OF OPERATIONS

    Total calculated
    $89,871
    From this org
    $86,832
    From related orgs
    $0
    Other
    $3,039
    Hours/week
    40
  • Edward McCann

    VICE PRESIDENT OF POLICY & PROGRAMS

    Total calculated
    $168,811
    From this org
    $162,318
    From related orgs
    $0
    Other
    $6,493
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,318
    Bonus
    $0
    Other
    $0
    Deferred
    $6,493
    Nontaxable benefits
    $0
    Filer's total
    $168,811

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
28 October 2025
IRS schema version
2024v5.2
Source object
202523039349302742

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