AMERICANS FOR FINANCIAL REFORM EDUCATION FUND: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- AMERICANS FOR FINANCIAL REFORM EDUCATION FUND (EIN 82-2553525)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-09
- IRS object ID
- 202323139349301522
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-09T09:57:26-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 474306215 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mullins PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7625 Wisconsin Avenue | AddressLine1Txt |
| City | Bethesda | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 822553525 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Americans for Financial Reform Education Fund | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AMER | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1615 L Street NW STE 450 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lisa Donner | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 2024661885 | PhoneNum |
| Signature | 2023-11-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Lisa | PersonFirstNm |
| Person Last | Donner | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John Mullins | PreparerPersonNm |
| PTIN | P01429307 | PTIN |
| Phone | 2027706371 | PhoneNum |
| Preparation | 2023-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Lisa Donner | PrincipalOfficerNm |
| Gross Receipts | $3,427,093 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.realbankreform.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2018 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | To create a fair and just financial system that contributes to shared prosperity for all families and communities. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 51 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,981,782 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,296,111 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $535 | PYInvestmentIncomeAmt |
| CY Investment Income | $68,103 | CYInvestmentIncomeAmt |
| CY Other Revenue | $62,879 | CYOtherRevenueAmt |
| PY Total Revenue | $3,982,317 | PYTotalRevenueAmt |
| CY Total Revenue | $3,427,093 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $420,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $453,500 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,176,031 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,032,203 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $184,267 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $829,265 | PYOtherExpensesAmt |
| CY Other Expenses | $933,290 | CYOtherExpensesAmt |
| PY Total Expenses | $3,425,296 | PYTotalExpensesAmt |
| CY Total Expenses | $4,418,993 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $557,021 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$991,900 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $8,369,313 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,519,746 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $711,463 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,181,196 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,657,850 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,338,550 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To create a fair and just financial system that contributes to shared prosperity for all families and communities. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $3,817,724 | ExpenseAmt |
| Grant | $453,500 | GrantAmt |
| Desc | Public Education and Communications: Our public education and communications materials and activities provide information and analysis on a broad range of finance and financial markets related matters, from the impact of high-cost lending, to investor protections, to capital markets and derivatives regulation and more. Our audiences include our institutional allies ( national, state and local groups ), the general public, opinion leaders, policymakers, and various forms of media. We work to build public will for substantial reform toward a just and accountable financial system. Our work has resulted in thousands of mentions in the press and social media. . Building and Maintaining a Broad Coalition: We bring together a nonpartisan nonprofit coalition of more than 200 civil rights, consumer, labor, investor, small business, and civic and community-based organizations. We build connections among disparate groups; put together and nurture an infrastructure to develop and share information, experiences, insights, tools, tactics, and strategies; and provide materials, research, and other tools so that together we can develop and advance economic and racial justice priorities to reform the financial system. Policy Analysis and Development: We analyse policy proposals in the financial space, including regulatory proposals from the CFPB, Federal Reserve, FDIC, SEC, CFTC and more, as well as legislative proposals ; write regulatory comment letters arguing for consumer and investor protection, financial stability, big bank accountability, increased transparency, an end to racial discrimination, etc; testify as experts before Congress; convene public policy conversations; research and write memoranda and reports. And we work with our allies to develop and propose policy solutions to stop financial sector abuses of economically vulnerable families and communities, and reverse growing inequality that results from unchecked financialization and speculation. | Desc |
| Total Program Service Expenses | $3,817,724 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 12 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 51 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | The Organization | PersonNm |
| Phone | 2024661885 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1615 L Street NW | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|---|
| Maria Robalino | ||||||||
| Managing Director of Communic | 40.00 | 0.00 | Yes (X) | $160,622 | $0 | $19,506 | ||
| Lisa Donner | ||||||||
| Director | 27.37 | 0.00 | $159,160 | $0 | $16,102 | Yes (X) | Yes (X) | |
| Virginia Robnett | ||||||||
| Chief Operating Officer | 27.37 | 0.00 | $134,845 | $0 | $25,579 | Yes (X) | ||
| Sarah Pray | ||||||||
| Managing Director of Policy | 40.00 | 0.00 | Yes (X) | $118,231 | $0 | $7,685 | ||
| Carter Dougherty | ||||||||
| Communications Director | 40.00 | 0.00 | Yes (X) | $117,500 | $0 | $7,638 | ||
| Andrew Park | ||||||||
| Senior Policy Analyst | 40.00 | 0.00 | Yes (X) | $111,537 | $0 | $12,892 | ||
| Marian McConnell | ||||||||
| Campaign Director | 40.00 | 0.00 | Yes (X) | $116,788 | $0 | $7,591 | ||
| Renita Marcellin | ||||||||
| Advocacy and Legislative Dire | 40.00 | 0.00 | Yes (X) | $110,240 | $0 | $13,730 | ||
| Ricardo Valadez | ||||||||
| Private Equity Campaigns Mana | 40.00 | 0.00 | Yes (X) | $100,043 | $0 | $22,041 | ||
| Ericka Taylor | ||||||||
| Popular Education Mgr Take o | 40.00 | 0.00 | Yes (X) | $107,350 | $0 | $13,518 | ||
| Rion Dennis | ||||||||
| Advocacy & Legislative Strate | 40.00 | 0.00 | Yes (X) | $106,204 | $0 | $11,226 | ||
| Alexander Martin | ||||||||
| Senior Policy Analyst | 40.00 | 0.00 | Yes (X) | $106,719 | $0 | $10,664 | ||
| Saqib Bhatti | ||||||||
| Director | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Steven Renderos | ||||||||
| Director | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Darrick Hamilton | ||||||||
| Director | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Patricia McCoy | ||||||||
| Director | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Rebecca Dixon | ||||||||
| Director | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Hilary Shelton | ||||||||
| Secretary | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | |
| Anna Lefer Kuhn | ||||||||
| Treasurer | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,449,239 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $168,172 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $3,296,111 | AllOtherContributionsAmt |
| Total Contributions | $3,296,111 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $68,103 | TotalRevenueColumnAmt |
| Exclusion | $68,103 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $62,879 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $62,879 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $62,879 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,427,093 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $62,879 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $68,103 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $453,500 | TotalAmt |
| Program Services | $453,500 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,005 | TotalAmt |
| Program Services | $253,391 | ProgramServicesAmt |
| Management And General | $27,124 | ManagementAndGeneralAmt |
| Fundraising | $13,490 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,222,001 | TotalAmt |
| Program Services | $1,915,052 | ProgramServicesAmt |
| Management And General | $204,992 | ManagementAndGeneralAmt |
| Fundraising | $101,957 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $516,197 | TotalAmt |
| Program Services | $444,889 | ProgramServicesAmt |
| Management And General | $47,622 | ManagementAndGeneralAmt |
| Fundraising | $23,686 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,023 | TotalAmt |
| Program Services | $6,030 | ProgramServicesAmt |
| Management And General | $4,345 | ManagementAndGeneralAmt |
| Fundraising | $1,648 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,601 | TotalAmt |
| Management And General | $54,601 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,362 | TotalAmt |
| Program Services | $118,588 | ProgramServicesAmt |
| Management And General | $30,846 | ManagementAndGeneralAmt |
| Fundraising | $28,928 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,998 | TotalAmt |
| Program Services | $190,916 | ProgramServicesAmt |
| Management And General | $55 | ManagementAndGeneralAmt |
| Fundraising | $27 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,698 | TotalAmt |
| Program Services | $20,768 | ProgramServicesAmt |
| Management And General | $2,820 | ManagementAndGeneralAmt |
| Fundraising | $1,110 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,917 | TotalAmt |
| Program Services | $79,921 | ProgramServicesAmt |
| Management And General | $14,996 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,811 | TotalAmt |
| Program Services | $152,660 | ProgramServicesAmt |
| Management And General | $16,756 | ManagementAndGeneralAmt |
| Fundraising | $8,395 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,376 | TotalAmt |
| Program Services | $19,572 | ProgramServicesAmt |
| Management And General | $195 | ManagementAndGeneralAmt |
| Fundraising | $2,609 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,487 | TotalAmt |
| Program Services | $13,297 | ProgramServicesAmt |
| Management And General | $1,459 | ManagementAndGeneralAmt |
| Fundraising | $731 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,622 | TotalAmt |
| Program Services | $11,318 | ProgramServicesAmt |
| Management And General | $1,682 | ManagementAndGeneralAmt |
| Fundraising | $622 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Staff Development | Desc |
| Total | $148,395 | TotalAmt |
| Program Services | $137,822 | ProgramServicesAmt |
| Management And General | $9,509 | ManagementAndGeneralAmt |
| Fundraising | $1,064 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,418,993 | TotalAmt |
| Program Services | $3,817,724 | ProgramServicesAmt |
| Management And General | $417,002 | ManagementAndGeneralAmt |
| Fundraising | $184,267 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,373,778 | BOYAmt |
| EOY | $3,407,169 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $837,500 | BOYAmt |
| EOY | $362,678 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,807 | BOYAmt |
| EOY | $55,783 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,487 | BOYAmt |
| EOY | $46,958 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $123,313 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $118,363 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,438 | BOYAmt |
| EOY | $4,950 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,029,627 | BOYAmt |
| EOY | $3,300,331 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,676 | BOYAmt |
| EOY | $341,877 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,369,313 | BOYAmt |
| EOY | $7,519,746 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $328,213 | BOYAmt |
| EOY | $479,108 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $383,250 | BOYAmt |
| EOY | $344,500 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $357,588 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $711,463 | BOYAmt |
| EOY | $1,181,196 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,972,938 | BOYAmt |
| EOY | $3,464,047 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,684,912 | BOYAmt |
| EOY | $2,874,503 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,657,850 | BOYAmt |
| EOY | $6,338,550 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,369,313 | BOYAmt |
| EOY | $7,519,746 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$991,900 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$327,400 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,918,070 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,801,726 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,284,905 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,981,782 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,296,111 | CurrentTaxYearAmt |
| Total | $21,282,594 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,918,070 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,801,726 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,284,905 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,981,782 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,296,111 | CurrentTaxYearAmt |
| Total | $21,282,594 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $10,226,981 | SubstantialContributorsTotAmt |
| Public Support Total170 | $11,055,613 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,822 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,112 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,710 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $535 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $68,103 | CurrentTaxYearAmt |
| Total | $110,282 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $62,879 | CurrentTaxYearAmt |
| Total | $62,879 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $21,455,755 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $79,032 | OtherCostOrOtherBasisAmt |
| Depreciation | $59,769 | DepreciationAmt |
| Book Value | $19,263 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $44,281 | OtherCostOrOtherBasisAmt |
| Depreciation | $58,594 | DepreciationAmt |
| Book Value | -$14,313 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,950 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Right of Use ROU Asset | Desc |
| Book Value | $341,877 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $341,877 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Lease Liability | Desc |
| Amt | $357,588 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $357,588 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,099,693 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$327,400 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$327,400 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,427,093 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $3,427,093 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,418,993 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $4,418,993 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $4,418,993 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Footnote for uncertain tax position under FIN 48 (Part X) | FormAndLineReferenceDesc |
| Explanation | The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, AFREF may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of AFREF and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for at year end. AFREFs policy is to recognize interest and penalties, if any, on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. No interest and penalties were assessed or recorded during the year. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt |
|---|---|---|---|---|---|---|
| ACCE Institute | ||||||
| 3655 S Grand Ave 250 | Los Angeles | CA | 90007 | 271487442 | 501c3 | $25,000 |
| Americans for Financial Reform | ||||||
| 1615 L Street NW Washington | Washington | DC | 20036 | 822543434 | 501c4 | $250,000 |
| Voice Education Fund Inc | ||||||
| PO Box 881 | Oklahoma City | OK | 73103 | 262941339 | 501c3 | $27,500 |
| Texas Appleseed | ||||||
| 1609 Shoal Creek | Austin | TX | 78701 | 742804268 | 501c3 | $40,000 |
| Virginia Organizing Inc | ||||||
| 703 Concord Avenue | Charlottesville | VA | 22903 | 541674992 | 501c3 | $21,000 |
| Woodstock Institute | ||||||
| 67 East Madison Street | Chicago | IL | 60603 | 362907408 | 501c3 | $25,000 |
| New Georgia Project Education Fund | ||||||
| 830 Glenwood Ave SE 510-221 | Atlanta | GA | 30316 | 821348307 | 501c3 | $20,000 |
| Florida Consumer Action Network | ||||||
| 740 4th St N 236 | Saint Petersburg | FL | 33701 | 592475292 | 501c3 | $8,500 |
| Prosperity Indiana | ||||||
| 1099 North Meridian Street | Indianapolis | IN | 46204 | 465150303 | 501c3 | $43,500 |
| AKPIRG | ||||||
| PO Box 201416 | Anchorage | AK | 99520 | 920047627 | 501c3 | $15,000 |
| MH Action | ||||||
| PO Box 889385 | Los Angeles | CA | 90088 | 501c3 | $25,000 | |
| New Jersey Citizen Action Education | ||||||
| 75 Raritan Ave 200 | Highland Park | NJ | 08904 | 222493628 | 501c3 | $10,000 |
| WISPIRG Foundation | ||||||
| 1543 Wazee St 400 | Denver | CO | 80202 | 391926253 | 501c3 | $10,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Monitoring procedures (Part I, line 2) | FormAndLineReferenceDesc |
| Explanation | Organization maintains sub-grants records and ensures adherence to its guideines on grantees eligibiity and selection. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| Lisa Donner | ||||
| Director | $159,160 | $10,345 | $5,757 | $175,262 |
| Virginia Robnett | ||||
| Chief Operating Officer | $134,845 | $8,765 | $16,814 | $160,424 |
| Maria Robalino | ||||
| Managing Director of Communications | $160,622 | $10,440 | $9,066 | $180,128 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990 governing body review Part VI line 11 | Once the form 990 is prepared, it is reviewed by senior staff. The board of directors reviews the form 990 prior to filing. |
| Conflict of interest policy compliance Part VI line 12c | Board members are required to answer an annual conflict of interest questionnaire and to report any potential conflicts of interest as they arise. Staff sign a conflict of interest agreement upon hire and are required to report potential conflicts of interest as they arise. |
| CEO executive director top management comp Part VI line 15a | The Executive Directors salary is approved by an independent committee that uses industry data and the decision is documented through the budgeting process. |
| Governing documents etc available to public Part VI line 19 | These documents are available upon request. |
| Part IX response or note to any line in Part IX | Americans for Financial Reform (AFR)(EIN: 82-2543434) shares employees with Americans for Financial Reform Education Fund (AFREF) pursuant to a cost sharing agreement. All federal employment tax returns are filed by AFREF on behalf of both organizations. AFR pays its portion of payroll services, of certain employees for services provided to AFR, through regular reimbursements. Compensation reimbursed by AFR (as reported in Part IX) is not additive to the compensation reported by AFREF. AFREF and AFR are not related organizations as that term is defined in the Form 990 glossary. |
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