Form 990 for tax year 2024
Filed by CENTER FOR EMPOWERED POLITICS EDUCATION FUND.
Totals
- Total revenue
- $24,355,029
- Total expenses
- $16,769,094
- Contributions and grants received
- $22,989,458
- Grants paid
- $1,614,707
- Program service revenue
- $1,013,702
- Investment income
- $335,300
- Other revenue
- $16,569
- Total assets, end of year
- $30,616,733
- Total liabilities, end of year
- $1,679,360
- Net assets or fund balances, end of year
- $28,937,373
- Program services expenses (Part IX)
- $13,456,382
- Management and general expenses
- $2,179,630
- Fundraising expenses
- $1,133,082
- Program service expenses (Part III)
- $13,456,382
Program services were 80.2% 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)
$1,285,407
-
1f · All other contributions, gifts and grants
$21,704,051
-
1g · Noncash contributions included above
$450,035
-
2a · Program service revenue: FEE FOR SERVICE
total $1,013,702 · related or exempt $1,013,702
-
3 · Investment income
total $314,261 · excluded $314,261
-
6a · Gross rents
real property $16,569
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $16,569
-
6d · Net rental income or loss
total $16,569 · excluded $16,569
-
7a · Gross sales of assets other than inventory
securities $471,074
-
7b · Less cost or other basis and sales expenses
securities $450,035
-
7c · Gain or loss
securities $21,039
-
7d · Net gain or loss
total $21,039 · excluded $21,039
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,614,707 · program services $1,614,707
-
11a · Fees: management
total $1,457,455 · program services $27,315 · management and general $1,426,686 · fundraising $3,454
-
11b · Fees: legal
total $112,330 · management and general $112,330
-
11c · Fees: accounting
total $13,447 · management and general $13,447
-
11g · Fees: other
total $11,373,219 · program services $10,099,472 · management and general $232,073 · fundraising $1,041,674
-
12 · Advertising and promotion
total $106,538 · program services $101,468 · management and general $5,070
-
13 · Office expenses
total $173,532 · program services $151,553 · management and general $3,381 · fundraising $18,598
-
14 · Information technology
total $120,475 · program services $104,376 · management and general $2,904 · fundraising $13,195
-
16 · Occupancy
total $349,718 · program services $294,162 · management and general $18,759 · fundraising $36,797
-
17 · Travel
total $500,882 · program services $500,827 · management and general $55
-
19 · Conferences, conventions and meetings
total $189,763 · program services $182,316 · management and general $1,146 · fundraising $6,301
-
22 · Depreciation, depletion and amortization
total $59,846 · management and general $59,846
-
23 · Insurance
total $40,954 · management and general $40,954
-
24a · Other expenses: UBIT
total $248,507 · program services $11,748 · management and general $236,663 · fundraising $96
-
24b · Other expenses: STIPENDS & SCHRSHP
total $261,929 · program services $261,929
-
24c · Other expenses: EQUIPMENT & FURNISHINGS
total $63,641 · program services $55,581 · management and general $1,240 · fundraising $6,820
-
24d · Other expenses: STAFF DEVELOPMENT
total $57,280 · program services $50,025 · management and general $1,116 · fundraising $6,139
-
24e · All other expenses
total $24,871 · program services $903 · management and general $23,960 · fundraising $8
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,328,059 · end of year $15,696,448
-
2 · Savings and temporary cash investments
beginning of year $2,500,000 · end of year $8,621,184
-
4 · Accounts receivable
beginning of year $3,693,658 · end of year $3,929,922
-
9 · Prepaid expenses and deferred charges
beginning of year $7,040,353 · end of year $48,892
-
10a · Land, buildings and equipment: cost or other basis
$1,588,429
-
10b · Land, buildings and equipment: accumulated depreciation
$137,999
-
10c · Land, buildings and equipment, net
beginning of year $1,542,127 · end of year $1,450,430
-
12 · Investments: other securities
beginning of year $814,486 · end of year $869,857
-
17 · Accounts payable and accrued expenses
beginning of year $6,688,601 · end of year $565,838
-
19 · Deferred revenue
beginning of year $20,000
-
25 · Other liabilities
beginning of year $0 · end of year $1,113,522
-
27 · Net assets without donor restrictions
beginning of year $5,832,705 · end of year $6,434,099
-
28 · Net assets with donor restrictions
beginning of year $10,377,377 · end of year $22,503,274
Mission and programs · 2024
Mission
CEPEF OPERATES AS A GRASSROOTS, COMMUNITY BASED ORGANIZATION, PROMOTING CIVIC EDUCATION AND ENGAGEMENT, CONDUCTING RESEARCH ON THE EFFECTS OF POLICIES ON POVERTY AND RACIAL INEQUITY, TRAINING AND DEVELOPING LEADERS FOR RACIAL INJUSTICE, BUILDING CAPACITY FOR COMMUNITY ORGANIZATIONS, AND EMPOWERING LOWINCOME AND WORKING CLASS COMMUNITIES THROUGHOUT THE UNITED STATES.
Activities or mission (Part I)
SEE PART III, LINE 1.
-
BUILD AND EXERCISE PROGRESSIVE POLITICAL POWER THROUGH MASS-BASED ELECTORAL ORGANIZING AND INTEGRATED STRATEGIES, INCLUDING BASE-BUILDING AND POLICY ADVOCACY.
Expenses $7,535,574 · Grants $1,594,707 · Revenue $517,070
-
PROVIDE CAPACITY BUILDING AND ORGANIZATIONAL DEVELOPMENT SUPPORT FOR SOCIAL, RACIAL, AND ECONOMIC JUSTICE ORGANIZATIONS.
Expenses $5,920,808 · Grants $20,000 · Revenue $496,632
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tim Duy LyTIM DUY LY
TREASURER
- Total calculated
- $234,076
- From this org
- $0
- From related orgs
- $203,895
- Other
- $30,181
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $203,895 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $5,216 related
- Nontaxable benefits
- $0 + $24,965 related
- Filer's total
- $0 + $234,076 related
-
Alex T TomALEX T TOM
PRESIDENT
- Total calculated
- $133,475
- From this org
- $0
- From related orgs
- $112,248
- Other
- $21,227
- Hours/week
- 40
-
Mao Chi LiuMAO CHI LIU
SECRETARY
- Total calculated
- $123,087
- From this org
- $0
- From related orgs
- $114,573
- Other
- $8,514
- Hours/week
- 40
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
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE ORGANIZATION RELIES ON A RELATED ORGANIZATION TO DETERMINE COMPENSATION OF ITS EXECUTIVES. THE RELATED ORGANIZATION USES THE FOLLOWING PROCEDURES WHEN DETERMINING COMPENSATION: COMPENSATION COMMITTEE: FORM 990 OF OTHER ORGANIZATIONS APPROVAL OF THE BOARD
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
-
$495,000
COMMUNITY EDUCATION AND OUTREACH
-
CHINESE PROGRESSIVE ASSOCIATION
$303,379
GRANT TO CHINESE NARRATIVE HUB PROJECT AND GENERAL SUPPORT
-
$55,000
CIVIC ENGAGEMENT AND CAPACITY BUILDING
-
$55,000
GENERAL SUPPORT FOR ITS FISCALLY SPONSORED PROJECT EJERIE LABS
-
$53,000
CIVIC ENGAGEMENT AND CAPACITY BUILDING
-
GENERAL SUPPORT
-
GENERAL SUPPORT
-
$50,000
GENERAL SUPPORT
-
$50,000
GENERAL SUPPORT FOR ITS FISCALLY SPONSORED PROJECTS THE FRONTLINE ELECTION DEFENDERS
-
$50,000
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CORE COMMONS LLC
RENTAL REAL ESTATE FOR PROGRAMMATIC PURPOSES · CA · income $685,843 · assets $1,995,560
Directly controlled by CENTER FOR EMPOWERED POLITICAL EDUCATION FUND
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
RESILIENT STRATEGIES
C · MANAGEMENT SERVICES ORGANIZATION · CA · 50% owned · share of income $567,730 · share of assets $869,857
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543169349306844
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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