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Nonprofiteer
← FIGHT CORPORATE MONOPOLIES

Form 990 for tax year 2022

Filed by FIGHT CORPORATE MONOPOLIES.

Totals

Total revenue
$1,377,441
Total expenses
$889,128
Contributions and grants received
$1,364,357
Grants paid
$0
Program service revenue
$12,000
Investment income
$0
Other revenue
$1,084
Total assets, end of year
$966,833
Total liabilities, end of year
$40,001
Net assets or fund balances, end of year
$926,832
Program services expenses (Part IX)
$786,350
Management and general expenses
$102,778
Fundraising expenses
$0
Program service expenses (Part III)
$786,350

Program services were 88.4% 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

    $1,364,357

  • 2a · Program service revenue: CORPORATE POWER CONTRACT

    total $12,000 · related or exempt $12,000

  • 11d · All other revenue

    total $1,084 · excluded $1,084

  • 11e · Other revenue, total

    $1,084

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $111,223 · program services $108,893 · management and general $2,330

  • 7 · Other salaries and wages

    total $253,312 · program services $248,006 · management and general $5,306

  • 8 · Pension plan contributions

    total $10,738 · program services $10,513 · management and general $225

  • 9 · Other employee benefits

    total $2,002 · program services $1,960 · management and general $42

  • 10 · Payroll taxes

    total $30,672 · program services $30,029 · management and general $643

  • 11a · Fees: management

    total $149,304 · program services $146,176 · management and general $3,128

  • 11b · Fees: legal

    total $13,783 · management and general $13,783

  • 11c · Fees: accounting

    total $26,173 · management and general $26,173

  • 11g · Fees: other

    total $170,589 · program services $162,480 · management and general $8,109

  • 12 · Advertising and promotion

    total $48,750 · program services $47,826 · management and general $924

  • 13 · Office expenses

    total $7,380 · program services $1,515 · management and general $5,865

  • 14 · Information technology

    total $29,392 · program services $22,221 · management and general $7,171

  • 16 · Occupancy

    total $23,457 · program services $3,077 · management and general $20,380

  • 17 · Travel

    total $4,076 · program services $3,654 · management and general $422

  • 22 · Depreciation, depletion and amortization

    total $1,590 · management and general $1,590

  • 23 · Insurance

    total $6,687 · management and general $6,687

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $452,203 · end of year $454,479

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $500,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $23,173 · end of year $3,344

  • 10a · Land, buildings and equipment: cost or other basis

    $11,059

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,049

  • 10c · Land, buildings and equipment, net

    beginning of year $600 · end of year $9,010

  • 17 · Accounts payable and accrued expenses

    beginning of year $37,457 · end of year $40,001

  • 27 · Net assets without donor restrictions

    beginning of year $438,519 · end of year $426,832

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $500,000

Mission and programs · 2022

Mission

FIGHT CORPORATE MONOPOLIES IS DEVOTED TO EDUCATING THE PUBLIC ABOUT THE HARMS OF CONCENTRATED CORPORATE POWER AND ADVOCATING FOR THE BREAKUP OF ECONOMIC AND POLITICAL CONCENTRATIONS OF CORPORATE POWER IN ORDER TO PROVIDE THE GENERAL PUBLIC WITH EQUITABLE ACCESS TO HEALTHCARE, FINANCIAL SERVICES, TECHNOLOGY PLATFORMS, AND OTHER RESOURCES.

Activities or mission (Part I)

TO EXAMINE AND EXPOSE EXTREME CONCENTRATIONS OF ECONOMIC AND POLITICAL POWER.

  • FIGHT CORPORATE MONOPOLIES PRODUCES COMMUNICATIONS AND DIGITAL CONTENT ON THE IMPACT OF CONCENTRATED CORPORATE POWER AND ITS HARMS ON EVERY DAY PEOPLE IN AREAS FROM HEALTHCARE, UTILITY COMPANIES, FINANCIAL SERVICES, TECHNOLOGY PLATFORMS, AND SO ON. IT HAS PRODUCED SEVERAL PIECES OF ORIGINAL RESEARCH, POLICY AND MESSAGING GUIDANCE, AND COMMUNICATIONS PRODUCTS FOR PUBLIC USE.FIGHT CORPORATE MONOPOLIES HAS LED AND SUPPORTED MULTIPLE CAMPAIGNS AND COALITIONS IN THE FIGHT AGAINST CORPORATE POWER AND FOR ECONOMIC JUSTICE AND INCLUSIVE DEMOCRACY. IT HAS DIRECTED DYNAMIC, ACTION-ORIENTED CAMPAIGNS TO RESPOND TO CORPORATE ACTORS. IT HAS LED AND PARTICIPATED IN PETITIONS AND LETTERS TO PUBLIC OFFICIALS, EDUCATED FEDERAL AND STATE OFFICIALS, AND PRODUCED EDUCATIONAL MEDIA CONTENT ON CORPORATE POWER AND PUBLIC OFFICIALS.

    Expenses $786,350 · Revenue $12,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Helen Brosnan

    EXECUTIVE DIRECTOR (FROM 2/2022)

    Total calculated
    $111,223
    From this org
    $97,167
    From related orgs
    $0
    Other
    $14,056
    Hours/week
    40
  • Adam Jentleson

    PRESIDENT (THRU 11/2022)

    Total calculated
    $0
    Hours/week
    1
  • Lillian Salerno

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Sarah Miller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
25 April 2023
IRS schema version
2022v5.0
Source object
202341159349301669

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