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Nonprofiteer
← ECONOMIC SECURITY PROJECT ACTION INC

Form 990 for tax year 2022

Filed by ECONOMIC SECURITY PROJECT ACTION INC.

Totals

Total revenue
$2,901,137
Total expenses
$2,448,662
Contributions and grants received
$2,920,938
Grants paid
$275,000
Program service revenue
$0
Investment income
-$19,801
Other revenue
$0
Total assets, end of year
$3,171,252
Total liabilities, end of year
$277,637
Net assets or fund balances, end of year
$2,893,615
Program services expenses (Part IX)
$2,254,388
Management and general expenses
$177,127
Fundraising expenses
$17,147
Program service expenses (Part III)
$2,254,388

Program services were 92.1% 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

    $2,920,938

  • 1g · Noncash contributions included above

    $95,938

  • 3 · Investment income

    total $190 · excluded $190

  • 7a · Gross sales of assets other than inventory

    securities $117,217

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

    securities $137,208

  • 7c · Gain or loss

    securities -$19,991

  • 7d · Net gain or loss

    total -$19,991 · excluded -$19,991

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $275,000 · program services $275,000

  • 5 · Compensation of officers, directors and key employees

    total $54,903 · program services $30,197 · management and general $22,079 · fundraising $2,627

  • 7 · Other salaries and wages

    total $680,060 · program services $661,334 · management and general $9,883 · fundraising $8,843

  • 8 · Pension plan contributions

    total $19,081 · program services $17,953 · management and general $830 · fundraising $298

  • 9 · Other employee benefits

    total $90,635 · program services $85,279 · management and general $3,942 · fundraising $1,414

  • 10 · Payroll taxes

    total $55,046 · program services $51,792 · management and general $2,395 · fundraising $859

  • 11b · Fees: legal

    total $21,408 · program services $573 · management and general $20,835

  • 11c · Fees: accounting

    total $93,280 · program services $2,495 · management and general $90,785

  • 11d · Fees: lobbying

    total $15,500 · program services $15,500

  • 11g · Fees: other

    total $757,324 · program services $757,324

  • 12 · Advertising and promotion

    total $341,411 · program services $341,411

  • 13 · Office expenses

    total $568 · program services $568

  • 17 · Travel

    total $4,867 · program services $4,292 · management and general $575

  • 19 · Conferences, conventions and meetings

    total $2,579 · program services $288 · management and general $2,291

  • 23 · Insurance

    total $10,869 · program services $276 · management and general $10,593

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $24,052 · program services $8,666 · management and general $12,304 · fundraising $3,082

  • 24b · Other expenses: PAYROLL FEES

    total $1,515 · program services $1,426 · management and general $65 · fundraising $24

  • 24c · Other expenses: GIFTS AND HONORARIA

    total $564 · program services $14 · management and general $550

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,511,419 · end of year $250,103

  • 2 · Savings and temporary cash investments

    beginning of year $41,370 · end of year $2,237,801

  • 3 · Pledges and grants receivable

    end of year $675,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,110 · end of year $8,348

  • 15 · Other assets

    beginning of year $145 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $85,044 · end of year $178,140

  • 18 · Grants payable

    end of year $10,000

  • 25 · Other liabilities

    beginning of year $38,860 · end of year $89,497

  • 27 · Net assets without donor restrictions

    beginning of year $1,135,873 · end of year $1,662,860

  • 28 · Net assets with donor restrictions

    beginning of year $1,305,267 · end of year $1,230,755

Mission and programs · 2022

Mission

WE CHALLENGE THE STATUS QUO BY CATALYZING IDEAS THAT BUILD ECONOMIC POWER FOR AMERICANS, THROUGH A GUARANTEED INCOME AND OUR CAMPAIGN FOR A COST-OF-LIVING REFUND, AND ANTI-MONOPOLY ACTION TO REIN IN THE CONCENTRATION OF CORPORATE POWER.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • ECONOMIC SECURITY PROJECT ACTION BELIEVES WE NEED TO BUILD AN ECONOMY THAT WORKS FOR EVERYONE. WE ARE WORKING TO END POVERTY AND REBUILD THE MIDDLE CLASS, CHIEFLY THROUGH OUR CAMPAIGN FOR A COST-OF-LIVING REFUND, AS WELL AS OTHER WORK AROUND CASH FOR THOSE STRUGGLING IN THIS ECONOMY.

    Expenses $2,254,388 · Grants $275,000

As filed on the 2022 return.

Listed in Part VII

  • NATALIE FOSTER SEE SCHED O

    PRESIDENT

    Total calculated
    $284,523
    From this org
    $0
    From related orgs
    $281,983
    Other
    $2,540
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $281,983 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $1,071 related
    Nontaxable benefits
    $0 + $1,469 related
    Filer's total
    $0 + $284,523 related

  • DORIAN WARREN

    SECRETARY

    Total calculated
    $39,100
    From this org
    $0
    From related orgs
    $39,100
    Other
    $0
    Hours/week
    1 + 1 related

  • CHRISTOPHER HUGHES

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • AISHA NYANDORO

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • FELICIA WONG

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • TAYLOR JO ISENBERG

    EXECUTIVE DIRECTOR

    Total calculated
    $209,950
    From this org
    $0
    From related orgs
    $199,048
    Other
    $10,902
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $199,048 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,973 related
    Nontaxable benefits
    $0 + $4,929 related
    Filer's total
    $0 + $209,950 related

  • ADAM RUBEN

    CAMPAIGNS DIRECTOR

    Total calculated
    $258,852
    From this org
    $0
    From related orgs
    $229,680
    Other
    $29,172
    Hours/week
    26 + 14 related

    Schedule J breakdown matched by us

    Base
    $0 + $229,680 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $6,891 related
    Nontaxable benefits
    $0 + $22,281 related
    Filer's total
    $0 + $258,852 related

  • ANNA C AURILIO

    FEDERAL CAMPAIGN DIRECTOR

    Total calculated
    $232,176
    From this org
    $0
    From related orgs
    $192,788
    Other
    $39,388
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $192,788 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,910 related
    Nontaxable benefits
    $0 + $33,478 related
    Filer's total
    $0 + $232,176 related

  • TERESA OLLE

    CALIFORNIA CAMPAIGN DIRECTOR

    Total calculated
    $195,833
    From this org
    $0
    From related orgs
    $158,508
    Other
    $37,325
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $158,508 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $3,847 related
    Nontaxable benefits
    $0 + $33,478 related
    Filer's total
    $0 + $195,833 related

  • PEDRO MORILLAS

    STATE CAMPAIGNS DIRECTOR

    Total calculated
    $175,872
    From this org
    $0
    From related orgs
    $148,128
    Other
    $27,744
    Hours/week
    11 + 29 related

    Schedule J breakdown matched by us

    Base
    $0 + $148,128 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $4,262 related
    Nontaxable benefits
    $0 + $23,482 related
    Filer's total
    $0 + $175,872 related

  • GUEN HAN

    DIRECTOR OF RESOURCES & EVALUATION

    Total calculated
    $160,611
    From this org
    $0
    From related orgs
    $146,381
    Other
    $14,230
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $146,381 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $3,126 related
    Nontaxable benefits
    $0 + $11,104 related
    Filer's total
    $0 + $160,611 related

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)

PART I, LINE 3
ESPA, INC. RELIES ON A RELATED ORGANIZATION, ESP TO DETERMINE COMPENSATION OF ITS OFFICERS. THE FOLLOWING METHODS WERE USED TO DETERMINE COMPENSATION: COMPENSATION SURVEY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

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

  • THE TECH OVERSIGHT PROJECT

    $120,000

    THE OBJECTIVE OF THE TECH OVERSIGHT PROJECT (TOP) IS TO INFLUENCE PUBLIC DIALOGUE AND LAWMAKERS' POSITIONS AND ACTIONS DURING THE ONGOING DEBATE OVER ANTITRUST AND COMPETITION POLICIES, IN ORDER TO HAVE MEANINGFUL ANTITRUST LEGISLATION PASSED DURING THE SECOND SESSION OF THE 117TH CONGRESS. TOP WILL COMPLEMENT, AMPLIFY, AND ACCELERATE THE WORK DONE BY THE MANY PUBLIC AND PRIVATE STAKEHOLDERS OF THE ANTI-MONOPOLY SPACE.

  • P STREET

    $27,500

    CHILD TAX CREDIT: ONGOING INTEL ABOUT THE STATE OF PLAY OF OVERALL NEGOTIATIONS, INCLUDING ANYTHING WE GLEAN ABOUTCTC. THESE WILL RIDE THE WAVE OF EXISTING MEETINGS WE SET UP ON MULTIPLE ISSUES INCLUDING WITH OFFICES LIKE SCHUMER, WYDEN, WH, HOUSE LEADERSHIP, ETC. IF THERE ARE ANY STRATEGIC OPENINGS, BASED ON INTEL, FLAG THEM. START FEEDING THE IDEA THAT CTC IS A SMART CAMPAIGN ISSUE, TACKED ON TO EXISTING CONVERSATIONS AND A COUPLE HIGH-IMPACT SURGICAL MEETINGS. AND FEEDBACK ON MESSAGING AND FRAMING AROUND CTC. DEFENSIVE WORK SHORING UP PROGRESSIVES TO KEEP BUSINESS R&D OUT OF ANY PACKAGE UNLESS CTC IS ALSO INCLUDED THIS WILL ALSO BE TACKED ONTO EXISTING MEETINGS + EMAIL OUTREACH. IF THERE ARE ANY RIPE QUESTIONS ON CTC/EITC IMPLEMENTATION WE CAN TACK ON TO ADMINISTRATION MEETINGS, WE WILL DO THAT. THIS COULD INCLUDE HOW TO EXECUTE AN EXPERIMENT ON OUTREACH TO NONFILERS TO HELP THEM CLAIM THE CTC

  • OUR REVOLUTION

    $25,000

    WE ARE REQUESTING THE RESOURCES NECESSARY TO TAKE OUR WORK TO THE NEXT LEVEL. SIGNIFICANTLY, OUR REVOLUTION HAS A PROGRESSIVE ACTIVIST & VOTER DATABASE OF NEARLY 10 MILLION CONTACTS AROUND THE COUNTRY, INCLUDING A LARGE CONCENTRATION IN THE KEY STATES OF CALIFORNIA AND WASHINGTON. WITH THIS GRANT, OUR REVOLUTION WILL BE ABLE TO MOBILIZE OUR MEMBERS AND STRATEGICALLY ENGAGE THEM IN THE CAMPAIGN.

  • NEW YORK COMMUNITIES FOR CHANGE

    $20,000

    OUR GOAL IS TO PASS THE 21ST CENTURY ANTI-TRUST ACT THROUGH THE NY STATE LEGISLATURE. THIS WOULD MAKE NEW YORK THE LEADER PLAYING AN INFLUENTIAL ROLE IN HELPING CREATE PRESSURE ON THE FEDERAL GOVERNMENT AND OTHER STATES TO STRENGTHEN THEIR OWN ANTITRUST LAWS.

  • ILLINOIS IMMIGRANT ACTION

    $12,500

    ILLINOIS GOALS: GET MOCS TO PUBLICLY SAY THEY WON'T VOTE FOR ANY CORPORATE TAX BREAKS IN A TAX PACKAGE UNLESS THE CTC IS IN THERE TOO. HOLD DISTRICT MEETINGS, IDEALLY WITH A PARENT AND ONE OR TWO OTHER IN-STATE ADVOCACY ORGS. COORDINATE GROUPS TO SIGN ON TO COALITION LETTER HOLD ONE PRESS CONFERENCE OR OTHER LOCAL MEDIA EVENT, IDEALLY FEATURING ONE OR MORE MEMBERS OF CONGRESS PRAISING THE CTC AND IDEALLY REPEATING OUR LINE IN THE SAND CONSTITUENT COMMUNICATION DIRECTED AT MOCS (CALLS, EMAILS, SOCIAL MEDIA, ETC.) DIRECT CANDIDATE ENGAGEMENT IN PUBLIC WHERE/ WHEN POSSIBLE (I.E. BIRDDOGGING)

  • BOSTON MEDICAL CENTER CORPORATION OBO CHILDRENS HEALTHWATCH

    $10,000

    MASSACHUSETTS GOALS:

  • FIGHT FOR THE FUTURE INC

    $10,000

    FIGHT FOR THE FUTURE SEEKS FUNDING IN ORDER TO TAKE ON A RAPID-RESPONSE "CAMPAIGN SPRINT," WITH THE GOAL OF PASSING THE PACKAGE OF ANTITRUST BILLS TARGETING BIG TECH THROUGH THE HOUSE AND SENATE THIS YEAR.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202303189349302955

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