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Nonprofiteer
← ADVOCACY ACTION FUND INC

Form 990 for tax year 2022

Filed by ADVOCACY ACTION FUND INC.

Totals

Total revenue
$146,286,986
Total expenses
$9,451,179
Contributions and grants received
$73,190,035
Grants paid
$8,438,500
Program service revenue
$0
Investment income
$73,096,951
Other revenue
$0
Total assets, end of year
$95,269,665
Total liabilities, end of year
$1,020,850
Net assets or fund balances, end of year
$94,248,815
Program services expenses (Part IX)
$9,190,052
Management and general expenses
$261,127
Fundraising expenses
$0
Program service expenses (Part III)
$9,190,052

Program services were 97.2% 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.

  • 1f · All other contributions, gifts and grants

    $73,190,035

  • 1g · Noncash contributions included above

    $73,190,035

  • 3 · Investment income

    total $132,554 · excluded $132,554

  • 7a · Gross sales of assets other than inventory

    securities $73,089,515

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

    securities $125,118

  • 7c · Gain or loss

    securities $72,964,397

  • 7d · Net gain or loss

    total $72,964,397 · excluded $72,964,397

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,438,500 · program services $8,438,500

  • 5 · Compensation of officers, directors and key employees

    total $151,844 · program services $144,252 · management and general $7,592

  • 7 · Other salaries and wages

    total $60,611 · program services $57,580 · management and general $3,031

  • 9 · Other employee benefits

    total $70,816 · program services $67,275 · management and general $3,541

  • 10 · Payroll taxes

    total $17,859 · program services $15,316 · management and general $2,543

  • 11a · Fees: management

    total $335,497 · program services $161,488 · management and general $174,009

  • 11b · Fees: legal

    total $9,230 · management and general $9,230

  • 11c · Fees: accounting

    total $25,750 · management and general $25,750

  • 11f · Fees: investment management

    total $995 · management and general $995

  • 11g · Fees: other

    total $300,600 · program services $300,600

  • 13 · Office expenses

    total $1,539 · program services $128 · management and general $1,411

  • 14 · Information technology

    total $8,326 · management and general $8,326

  • 17 · Travel

    total $3,994 · program services $3,994

  • 24a · Other expenses: RECRUITING

    total $22,500 · management and general $22,500

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $2,468 · program services $919 · management and general $1,549

  • 24c · Other expenses: STATE AND LOCAL FILING

    total $650 · management and general $650

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $1,033,349

  • 2 · Savings and temporary cash investments

    beginning of year $30,501,732 · end of year $94,236,316

  • 17 · Accounts payable and accrued expenses

    beginning of year $23,807 · end of year $310,350

  • 18 · Grants payable

    end of year $710,500

  • 27 · Net assets without donor restrictions

    beginning of year $30,477,925 · end of year $94,248,815

Mission and programs · 2022

Mission

ADVOCACY ACTION FUND, INC. RAISES AND USES FUNDS EXCLUSIVELY FOR SOCIAL WELFARE PURPOSES.

  • ADVOCACY ACTION FUND, INC. ("AAF") FOCUSES ON GRANTMAKING FOR SOCIAL WELFARE, ESPECIALLY WITH AN ENVIRONMENTAL OR REPRODUCTIVE RIGHTS PURPOSE. AAF WILL ADDRESS ENVIRONMENTAL GOALS BY ADVOCATING FOR STRONGER NATIONAL CLIMATE POLICY MEASURES THAT ACCELERATE THE TRANSITION TO A CLEAN ENERGY ECONOMY AND REDUCE GREENHOUSE GAS EMISSIONS FROM ALL SOURCES.

    Expenses $9,190,052 · Grants $8,438,500

As filed on the 2022 return.

Listed in Part VII

  • Jason Berkenfeld

    SECRETARY & DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Kieschnick

    PRESIDENT, TREASURER & DIRECTOR

    Total calculated
    $151,844
    From this org
    $150,000
    From related orgs
    $0
    Other
    $1,844
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $1,844
    Filer's total
    $151,844

  • Anne Yamamoto

    DIRECTOR

    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. 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

  • 3 · Approval by the board or compensation committee

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

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 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202303199349319615

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