Form 990 for tax year 2023
Filed by CLUB FOR GROWTH FOUNDATION INC.
Totals
- Total revenue
- $2,197,850
- Total expenses
- $2,123,621
- Contributions and grants received
- $2,197,850
- Grants paid
- $35,800
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,372,746
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,372,746
- Program services expenses (Part IX)
- $1,748,775
- Management and general expenses
- $208,504
- Fundraising expenses
- $166,342
- Program service expenses (Part III)
- $1,748,775
Program services were 82.3% 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.
-
1f · All other contributions, gifts and grants
$2,197,850
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $35,800 · program services $35,800
-
11b · Fees: legal
total $16,000 · program services $0 · management and general $16,000 · fundraising $0
-
11c · Fees: accounting
total $17,200 · program services $0 · management and general $17,200 · fundraising $0
-
11g · Fees: other
total $1,129,163 · program services $859,031 · management and general $103,790 · fundraising $166,342
-
13 · Office expenses
total $6,780 · program services $0 · management and general $6,780 · fundraising $0
-
14 · Information technology
total $18,315 · program services $18,315 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $893,457 · program services $835,629 · management and general $57,828 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $1,170 · program services $0 · management and general $1,170 · fundraising $0
-
23 · Insurance
total $5,736 · program services $0 · management and general $5,736 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,253,809 · end of year $1,218,554
-
4 · Accounts receivable
end of year $150,000
-
9 · Prepaid expenses and deferred charges
beginning of year $69,345
-
14 · Intangible assets
beginning of year $5,363 · end of year $4,192
-
17 · Accounts payable and accrued expenses
beginning of year $30,000
-
27 · Net assets without donor restrictions
beginning of year $1,298,517 · end of year $1,372,746
Mission and programs · 2023
Mission
THE CLUB FOR GROWTH FOUNDATION WAS FORMED TO EDUCATE THE PUBLIC ABOUT THE VALUE OF FREE MARKETS, PRO-GROWTH POLICIES AND CREATING ECONOMIC PROSPERITY.
-
NONPARTISAN VOTE STUDIES: THE ORGANIZATION PUBLISHED A NONPARTISAN VOTE STUDY ON CONGRESS TO SEE HOW CONGRESSIONAL MEMBERS VOTE ON KEY ECONOMIC ISSUES. THE ANNUAL PUBLICATION LOOKS AT THE MOST IMPORTANT VOTES FROM EACH CONGRESS ON ECONOMIC TOPICS RANGING FROM SPENDING TO TAXES TO REGULATION TO TRADE. THE STUDIES PROVIDE VOTE EXPLANATIONS AND A SCORE FOR EACH MEMBER OF CONGRESS. ADDITIONALLY, A SIMILAR PROGRAM ALSO OCCURRED ON A STATE LEVEL.
Expenses $350,744
-
EDUCATIONAL EVENTS AND FORUMS: THE ORGANIZATION HOSTED PUBLIC POLICY EVENTS AND FORUMS THAT EDUCATE ATTENDEES ON ECONOMIC CONSERVATISM. INTERESTING AND QUALIFIED SPEAKERS ADDRESS A RANGE OF ECONOMIC ISSUES AND TEACH ATTENDEES BEST PRACTICES TO COMMUNICATE WITH THE PUBLIC AND MEDIA ON IMPORTANT ISSUES.
Expenses $287,335
-
FELLOWSHIP PROGRAM: THE ORGANIZATION CONTINUED ITS FELLOWSHIP PROGRAM, WHICH EQUIPS CIVIC LEADERS TO TALK ABOUT A FREE SOCIETY, ECONOMIC LIBERTY, AND LIMITED GOVERNMENT, EXPANDING THE NUMBER OF PRO-GROWTH AMERICANS WHO ARE ABLE AND WILLING TO MAKE THE CASE FOR THESE IDEAS ACROSS A BROAD CROSS-SECTION OF SOCIETY.
Expenses $959,440
-
OTHER PROGRAMS RUN DURING THE YEAR INCLUDED POLICY PAPERS AND WHITE PAPERS ON CURRENT ISSUES WITH A FOCUS ON ECONOMIC CONSERVATISM AS WELL AS A GRANT MADE TO ANOTHER 501(C)(3) ORGANIZATION FOR GENERAL SUPPORT.
Expenses $151,256 · Grants $35,800
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David KelloggDAVID KELLOGG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angie StephensANGIE STEPHENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David McIntoshDAVID MCINTOSH
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0
-
Jackson Stephens JrJACKSON STEPHENS JR
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Adam RozanskyADAM ROZANSKY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0
-
John RichardsonJOHN RICHARDSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0
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
None.
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
The filer's explanations (Part III)
- Other
- BOARD MEMBER DAVID MCINTOSH AND OFFICERS ADAM ROZANSKY AND JOHN RICHARDSON ARE EMPLOYEES OF CLUB FOR GROWTH, AN UNRELATED ORGANIZATION, AND PROVIDE SERVICES TO THE FOUNDATION. IN TAX YEAR 2023, THEY WERE COMPENSATED BY CLUB FOR GROWTH FOR SERVICES TO THE FOUNDATION AS FOLLOWS: $72,659 FOR DAVID MCINTOSH, $17,002 FOR ADAM ROZANSKY, AND $12,659 FOR JOHN RICHARDSON.
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
-
ANTITRUST EDUCATION PROJECT
$20,000
GENERAL SUPPORT
-
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433209349311528
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.