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Nonprofiteer
← US TERM LIMITS FOUNDATION

Form 990 for tax year 2023

Filed by US TERM LIMITS FOUNDATION.

Totals

Total revenue
$1,025,205
Total expenses
$1,030,197
Contributions and grants received
$1,017,271
Grants paid
$0
Program service revenue
$0
Investment income
$7,934
Other revenue
$0
Total assets, end of year
$732,838
Total liabilities, end of year
$1,005,959
Net assets or fund balances, end of year
-$273,121
Program services expenses (Part IX)
$684,598
Management and general expenses
$175,390
Fundraising expenses
$170,209
Program service expenses (Part III)
$684,598

Program services were 66.5% 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

    $1,017,271

  • 3 · Investment income

    total $7,934 · excluded $7,934

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $127,888 · program services $63,944 · management and general $25,578 · fundraising $38,366

  • 7 · Other salaries and wages

    total $380,835 · program services $190,417 · management and general $76,167 · fundraising $114,251

  • 10 · Payroll taxes

    total $41,296 · program services $20,648 · management and general $8,259 · fundraising $12,389

  • 11b · Fees: legal

    total $256,681 · program services $256,681

  • 11c · Fees: accounting

    total $20,660 · management and general $20,660

  • 11g · Fees: other

    total $117,629 · program services $117,629

  • 12 · Advertising and promotion

    total $12,000 · program services $12,000

  • 13 · Office expenses

    total $17,622 · program services $2,933 · management and general $14,689

  • 14 · Information technology

    total $10,406 · program services $5,203 · fundraising $5,203

  • 17 · Travel

    total $19,180 · program services $15,143 · management and general $4,037

  • 20 · Interest

    total $26,000 · management and general $26,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $424,652 · end of year $732,838

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

    $23,508

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

    $23,508

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,147 · end of year $68,020

  • 25 · Other liabilities

    beginning of year $681,634 · end of year $937,939

  • 27 · Net assets without donor restrictions

    beginning of year -$268,129 · end of year -$273,121

Mission and programs · 2023

Mission

TO IMPROVE THE UNDERSTANDING OF TERM LIMITATION, PRIMARILY THROUGH EDUCATIONAL AND PUBLIC AWARENESS CAMPAIGNS.

Activities or mission (Part I)

TO IMPROVE THE UNDERSTANDING OF TERM LIMITATION.

  • USTLF HELPED EDUCATE THOUSANDS OF CITIZENS ABOUT THE MERITS OF TERM LIMITS THROUGH EDUCATIONAL, LEGAL AND RESEARCH CAMPAIGNS. ADDITIONALLY, USTLF SPONSORED SURVEY RESEARCH (POLLS) TO TEST PUBLIC SUPPORT FOR TERM LIMITS.

    Expenses $684,598

As filed on the 2023 return.

Listed in Part VII

  • Howard Rich

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    8
  • Philip Blumel

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Rick Shepherd

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Paul Farago

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Bob Costello

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Travis Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Merican

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Duncan Scott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joe Stilwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Aglialoro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tim Jacob

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nicholas Tomboulides

    EXECUTIVE DIRECTOR

    Total calculated
    $141,500
    From this org
    $0
    From related orgs
    $141,500
    Other
    $0
    Hours/week
    20 + 20 related
  • Scott Tillman

    NATIONAL FIELD DIRECTOR

    Total calculated
    $114,275
    From this org
    $0
    From related orgs
    $114,275
    Other
    $0
    Hours/week
    20 + 20 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.

Grants on this return

No itemized grants to organizations on this return.

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
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202403189349306935

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