2021-09-17T07:08:14-05:00 2020-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2020-01-01 300192708 CENTER FOR AMERICAN PROGRESS ACTION FUND CENT 2026821611 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 DEBORAH HOLSTON VP OF FINANCE AND INTERIM CFO 2026821611 2021-09-17 1 DEBORAH HOLSTON 999009999 AARON M FOX P01365820 2022274000 2021-09-15 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z DEBORAH HOLSTON 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 27270734 0 X WWW.AMERICANPROGRESSACTION.ORG X 2002 DC TO SHAPE THE NATIONAL POLICY DEBATE AND TRANSFORM PROGRESSIVE CONCEPTS INTO POLICY. 15 14 206 14 29350 20598 16136911 27225741 41595 8782 4523 6861 429692 29350 16612721 27270734 561590 8408796 0 0 6790773 6923484 6000 0 59962 4825212 11937666 12183575 27269946 4429146 788 6252006 6643102 156522 547618 6095484 6095484 X THE CENTER FOR AMERICAN PROGRESS ACTION FUND'S (THE ACTION FUND) MISSION IS TO IMPACT THE NATIONAL DEBATE AND TRANSFORM PROGRESSIVE IDEAS INTO POLICY THROUGH RAPID RESPONSE COMMUNICATIONS, PUBLIC EDUCATION, GRASSROOTS ORGANIZATION AND ADVOCACY IN PARTNERSHIP WITH AMERICAN CITIZENS, EXECUTIVE AND LEGISLATIVE BRANCH POLICYMAKERS AND PROGRESSIVE LEADERS THROUGHOUT THE COUNTRY AND THE WORLD. 0 0 23353011 7583500 8782 COMMUNICATIONS: ADVANCED PROGRESSIVE IDEAS AND MESSAGES THROUGH ONLINE REPORTING INCLUDING THE THINK PROGRESS WEB SITE AND EXPANDED USE OF ONLINE SOCIAL MEDIA AS WELL AS TRADITIONAL NEWS MEDIA. ADDRESSED TIMELY PUBLIC POLICY AND POLITICAL ISSUES THROUGH RAPID RESPONSE AND ANALYSIS. MAJOR ACCOMPLISHMENTS INCLUDED PROJECTS ON CLIMATE CHANGE, ECONOMIC EQUALITY, VOTER SUPPRESSION, CRIMINAL JUSTICE REFORM, LGBTQ RIGHTS, AND IMMIGRATION REFORM. 1247547 EXTERNAL RELATIONS: PROJECTS WERE UNDERTAKEN TO EDUCATE THE PUBLIC, ANTICIPATE AND SHAPE THE NATIONAL DEBATE, AND CHALLENGE THE MEDIA TO COVER THE ISSUES THAT TRULY MATTER, THROUGH A WIDE ARRAY OF DISSEMINATION CHANNELS, INCLUDING FAITH COMMUNITIES, CAMPUS ORGANIZATIONS, PRINT, AND ONLINE MEDIA. 863636 630443 DOMESTIC POLICY: DOMESTIC POLICY INITIATIVES HELP ADVANCE CLIMATE AND CLEAN ENERGY POLICIES IN KEY STATES AND ALSO ADVANCE BROAD SET OF IDEAS AROUND SUPPORTING FAMILIES BY STRENGTHENING GOVERNMENT SUPPORTS AND BROADENING EDUCATIONAL OPPORTUNITIES. 498884 189853 ECONOMIC POLICY 102480 EXECUTIVE OFFICE 86349 GENERATION PROGRESS 61690 ENERGY POLICY 47636 ART AND EDITORIAL 24616 5000 NATIONAL SECURITY AND INTERNATIONAL PROGRAMS 821655 194853 26285849 0 1 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 66 0 1 206 1 1 1 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X DEBORAH HOLSTON 2026821611 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 NAVIN NAYAK EXECUTIVE DIRECTOR 40.00 X 236885 0 37007 ALEX WALL VICE PRESIDENT 40.00 X 153223 0 15070 WILLIAM RAGLAND SENIOR DIRECTOR 40.00 X 125011 0 26151 JESSE LEE SENIOR ADVISOR 40.00 X 142247 0 7013 BRENT WOOLFORK DIRECTOR 40.00 X 122642 0 26197 LIA PARADA DIRECTOR, GOVERNMENT AFFAIRS 40.00 X 117611 0 22884 SHANE BATEMAN SVP FINANCE AND ADMIN; CFO - UNTIL 12/2020 8.00 X 41212 0 5033 NEERA TANDEN DIRECTOR, CHIEF EXECUTIVE OFFICER 1.00 X X 13359 0 1849 ALEX DEMOTS SVP, GENERAL COUNSEL AND SECRETARY 2.00 X 5565 0 984 GORDON GRAY TREASURER 1.00 X 142 0 13 SCOTT NATHAN DIRECTOR AND CHAIR 1.00 X X 0 0 0 WENDY ABRAMS DIRECTOR 1.00 X 0 0 0 PHIL ANGELIDES DIRECTOR 1.00 X 0 0 0 PETER EDELMAN DIRECTOR AND AUDIT COMMITTEE CHAIR 1.00 X 0 0 0 JUDITH FEDER DIRECTOR 1.00 X 0 0 0 CHRISTIE HEFNER DIRECTOR 1.00 X 0 0 0 HAROLD ICKES DIRECTOR 1.00 X 0 0 0 RON KLAIN DIRECTOR 1.00 X 0 0 0 ORIN KRAMER DIRECTOR 1.00 X 0 0 0 DAN PFEIFFER DIRECTOR 1.00 X 0 0 0 JOHN PODESTA DIRECTOR 5.00 X 0 0 0 ROBERT RAYMAR DIRECTOR 1.00 X 0 0 0 HILARY ROSEN DIRECTOR 1.00 X 0 0 0 GREG ROSENBAUM DIRECTOR 1.00 X 0 0 0 957897 0 142201 6 0 1 0 JENNER AND BLOCK LLP 353 N CLARK STREET CHICAGO IL 60654 LEGAL SERVICES 1351891 GROUP NINE MEDIA 556 BOADWAY FLOOR 10 NEW YORK NY 10012 MEDIA SERVICES 642476 HART RESEARCH ASSOCIATES 1724 CONNECTICUT AVENUE NW WASHINGTON DC 20009 OPINION RESEARCH 349234 INCITE STUDIOS 272 1ST AVENUE SUITE 2C NEW YORK NY 10009 VIDEO EDITING 317000 GLOBAL STRATEGY GROUP 215 PARK AVENUE SOUTH 15TH FLOOR NEW YORK NY 10003 PUBLIC OPINION SURVEYS 303500 13 27225741 27225741 PROGRAM SERVICE INCOME 900099 6146 6146 VIDEO LICENSING INCOME 900099 2636 2636 8782 6861 6861 ADVERTISING 541800 29350 29350 29350 27270734 8782 29350 6861 X 8408796 8408796 342049 289253 52796 5533360 4897009 605586 30765 264302 236281 26489 1532 320521 284453 34228 1840 463252 411679 49093 2480 36523 34301 2121 101 26923 23775 3005 143 4230081 4208354 8493 13234 4925247 4920272 4126 849 238153 222389 13348 2416 323921 302220 20714 987 641959 567706 70875 3378 46571 46159 13 399 8967 8893 71 3 92882 82193 10203 486 20349 18996 1239 114 PUBLIC OPINION ANALYSIS 1005200 1005200 MISCELLANEOUS 171427 150247 20026 1154 SUBSCRIPTIONS 160371 159644 694 33 UBI TAX 9092 8029 1015 48 27269946 26285849 924135 59962 1324508 3480057 2337902 2344464 617332 144876 30181 12526 0 141168 249254 243713 2899 5541 1939184 514470 6252006 6643102 156522 147618 0 400000 156522 547618 X 973484 1648975 5122000 4446509 6095484 6095484 6252006 6643102 X 788 -788 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9500644 9500644 9500644 1 PART I-A, LINE 1: THE ACTION FUND DOES NOT ENDORSE CANDIDATES FOR PUBLIC OFFICE; MAKE CONTRIBUTIONS TO CANDIDATES, PARTIES, OR POLITICAL ACTION COMMITTEES; OR EXPLICITLY ADVOCATE FOR ELECTION OR DEFEAT OF PARTICULAR CANDIDATES. HOWEVER, AT VARIOUS TIMES DURING THE TAX YEAR, THE ACTION FUND MAY MAKE COMMUNICATIONS TO THE GENERAL PUBLIC COMMENDING OR CRITICIZING PARTICULAR PUBLIC POLICY POSITIONS TAKEN BY VARIOUS CANDIDATES. THESE POLICY ASSESSMENTS MAY TAKE THE FORM OF POSITION PAPERS, PRESS RELEASES, SOCIAL MEDIA POSTS, AND OTHER SIMILAR PUBLIC COMMUNICATIONS TO THE PUBLIC. 57763 52222 5541 191491 191491 0 5541 DUE FROM THE CENTER FOR AMERICAN PROGRESS 514470 514470 X 27270734 0 27270734 0 27270734 27269946 0 27269946 0 27269946 PART X, LINE 2: THE ACTION FUND EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 1 LEAGUE OF CONSERVATION VOTERS 920 L STREET NW SUITE 800 WASHINGTON DC 20036 521733698 501(C)(4) 4500000 EDUCATIONAL CENTER FOR AMERICAN PROGRESS 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 300126510 501(C)(3) 1500295 EDUCATIONAL NEXTGEN AMERICA 111 SUTTER STREET SUITE 2220 SAN FRANCISCO CA 94104 462525580 501(C)(3) 1250000 EDUCATIONAL PARTNERSHIP PROJECT ACTION FUND PO BOX 65826 WASHINGTON DC 20035 810606786 501(C)(4) 500000 EDUCATIONAL FIRST FIVE ACTION FUND 1010 VERMONT AVENUE NW SUITE 100 WASHINGTON DC 20005 851075023 501(C)(4) 400000 EDUCATIONAL NORTH FUND 1101 CONNECTICUT AVE NW 450 WASHINGTON DC 20036 834011547 501(C)(3) 250000 EDUCATIONAL MOVEONORG CIVIC ACTION PO BOX 96141 WASHINGTON DC 20090 061553389 501(C)(4) 8500 EDUCATIONAL 3 4 PART I, LINE 2: THE ACTION FUND REQUIRES GRANTEE ORGANIZATIONS TO REPRESENT, WARRANT AND AGREE: THAT IT WILL USE GRANT FUNDS SOLELY FOR PURPOSES CONSISTENT WITH THE ACTION FUND'S TAX-EXEMPT STATUS UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE; THAT NO PORTION OF GRANT FUNDS WILL BE USED DIRECTLY OR INDIRECTLY TO EXPRESSLY OR IMPLICITLY SUPPORT OR OPPOSE ANY CANDIDATE SEEKING ELECTION TO PUBLIC OFFICE, OR PROVIDE A BENEFIT TO ANY POLITICAL PARTY OR CANDIDATE; THAT IT WILL ALLOW THE ACTION FUND'S STAFF OR REPRESENTATIVES TO CONDUCT EVALUATIONS AND AUDITS OF THE USE OF GRANT FUNDS, WHICH MAY INVOLVE VISITS TO OBSERVE, REVIEW AND DISCUSS ITS OPERATIONS, FINANCIAL RECORDS, AND OTHER MATERIALS CONNECTED WITH THE GRANTEE; AND THAT IT WILL SEND THE ACTION FUND FINAL FINANCIAL AND NARRATIVE REPORTS BY A DATE SPECIFIED IN THE ORIGINAL AWARD LETTER. THE ACTION FUND REQUIRES DONEE ORGANIZATIONS TO PROVIDE NARRATIVE AND FINANCIAL REPORTS THAT: ARE SIGNED BY AN OFFICER OF THE ORGANIZATION; DESCRIBE HOW THE FUNDS WERE SPENT AND WHAT WAS ACCOMPLISHED; AND TO PROVIDE A REASONABLY DETAILED ACCOUNT OF THE ACTIVITIES CONDUCTED BY THE GRANTEE IN PERFORMANCE OF THE AGREED UPON WORK. 0 0 0 0 0 0 0 0 0 NAVIN NAYAK EXECUTIVE DIRECTOR 236885 0 0 0 0 0 16802 0 20205 0 273892 0 0 0 ALEX WALL VICE PRESIDENT 153223 0 0 0 0 0 7597 0 7473 0 168293 0 0 0 WILLIAM RAGLAND SENIOR DIRECTOR 125011 0 0 0 0 0 6196 0 19955 0 151162 0 0 0 PART I: THE ACTION FUND DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYED BY THE CENTER FOR AMERICAN PROGRESS (CAP), AN UNRELATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(3). COMPENSATION OF THE INDIVIDUALS LISTED ON THE ACTION FUND'S RETURN WAS DETERMINED UNDER CAP'S POLICIES AND PROCEDURES WHICH SATISFY THE REBUTTABLE PRESUMPTION OF REASONABLENESS. THE ACTION FUND OPERATES UNDER A COST SHARING AGREEMENT WITH CAP, APPROVED BY THE BOARD OF DIRECTORS OF EACH ORGANIZATION, UNDER WHICH CAP EMPLOYS BOTH ORGANIZATION'S STAFF MEMBERS AND PAYS FOR GENERAL AND ADMINISTRATIVE EXPENSES. THE ACTION FUND REIMBURSES CAP FOR ITS SHARE OF THESE EXPENSES. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE DEPARTMENT WORKED DIRECTLY WITH AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990 ON BEHALF OF THE ACTION FUND. THE FINANCE DEPARTMENT MANAGED THE PROCESS, WITH CLOSE COORDINATION WITH THE LEGAL DEPARTMENT. THE ACCOUNTING FIRM PROVIDED A DRAFT FEDERAL FORM 990, WHICH WAS THEN REVIEWED AND COMMENTED ON BY THE FINANCE DEPARTMENT, THE LEGAL DEPARTMENT AND THE CORPORATE OFFICERS. THE UPDATED DRAFT FEDERAL FORM 990 AND SUMMARY MATERIALS WERE THEN PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND CONSIDERATION ON BEHALF OF THE FULL BOARD OF DIRECTORS. THE AUDIT COMMITTEE WAS OFFERED THE OPPORTUNITY TO DISCUSS THE MATERIALS WITH THE ACTION FUND'S STAFF AND THE ACCOUNTING FIRM THAT PREPARED THE FEDERAL FORM 990. THE AUDIT COMMITTEE APPROVED THE DRAFT FEDERAL FORM 990, AND THE FULL BOARD OF DIRECTORS RECEIVED THE APPROVED VERSION OF THE FORM BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ACTION FUND IS COMMITTED TO PREVENTING OUTSIDE FINANCIAL INTERESTS OF ITS BOARD MEMBERS, OFFICERS OR EMPLOYEES FROM INFLUENCING ITS ACTIVITIES. TO THAT END, IT HAS ADOPTED AND ENFORCES POLICIES TO PREVENT CONFLICTS OF INTEREST AND THE APPEARANCE OF CONFLICTS OF INTEREST, INCLUDING SEPARATE POLICIES GOVERNING (1) OFFICERS, DIRECTORS, AND KEY EMPLOYEES; AND (2) ALL EMPLOYEES. COMPLIANCE WITH POLICIES GOVERNING OFFICERS, DIRECTORS AND KEY EMPLOYEES. OFFICERS AND DIRECTORS RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY, AND ARE ASKED TO REVIEW THE POLICY AND SIGN AN ACKNOWLEDGEMENT AFFIRMING RECEIPT, REVIEW AND AGREEMENT TO COMPLY WITH THE POLICY, AS WELL AS UNDERSTANDING THAT THE ACTION FUND IS A SOCIAL WELFARE ORGANIZATION. IN ADDITION, OFFICERS AND DIRECTORS ARE ASKED TO COMPLETE AN ANNUAL INDEPENDENCE QUESTIONNAIRE, WHICH SEEKS DISCLOSURE OF CERTAIN RELATIONSHIPS, ARRANGEMENTS AND TRANSACTIONS IN ORDER TO DETERMINE INDEPENDENCE AND THE EXISTENCE OF CONFLICTS OF INTEREST. THESE POLICIES DESCRIBE POTENTIAL CONFLICTS, PROVIDE MEANS FOR DISCLOSURE, AND PROVIDES PROCESSES FOR INVESTIGATING AND RESOLVING POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE ACTION FUND OPERATES UNDER A COST SHARING AGREEMENT WITH THE CENTER FOR AMERICAN PROGRESS (CAP), APPROVED BY THE BOARD OF DIRECTORS OF EACH ORGANIZATION, UNDER WHICH CAP EMPLOYS BOTH ORGANIZATIONS' STAFF MEMBERS AND PAYS FOR GENERAL AND ADMINISTRATIVE EXPENSES. THE ACTION FUND REIMBURSES CAP FOR ITS SHARE OF THESE EXPENSES. COMPENSATION FOR STAFF AND FELLOWS IS SET BY THE COMPENSATION COMMITTEE OF CAP'S BOARD OF DIRECTORS AND THE ACTION FUND RELIES ON THE PRACTICES PUT IN PLACE BY CAP'S BOARD OF DIRECTORS TO ENSURE EMPLOYEE COMPENSATION IS NOT EXCESSIVE. THE CAP BOARD OF DIRECTORS COMPENSATION COMMITTEE, A COMMITTEE OF INDEPENDENT PERSONS, APPROVES THE SALARY OF THE CHIEF EXECUTIVE OFFICER USING COMPARABILITY DATA AND CONTEMPORANEOUSLY SUBSTANTIATES THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ACTION FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE ACTION FUND'S GOVERNING DOCUMENTS ARE INCLUDED IN ITS FORM 1024, APPLICATION FOR RECOGNITION OF EXEMPTION UNDER SECTION 501(C)(4). CHANGES TO ITS GOVERNING DOCUMENTS ARE FILED WITH ITS FEDERAL FORM 990. BOTH FORMS, AS WELL AS ITS AUDITED FINANCIAL STATEMENTS, ARE MADE AVAILABLE TO THE PUBLIC UPON REQUESTS RECEIVED AT ITS WASHINGTON, D.C. OFFICE. THE ACTION FUND'S FEDERAL FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO MADE AVAILABLE TO THE PUBLIC BY WAY OF THE ONLINE INFORMATION SERVICE, GUIDESTAR.ORG. THE ACTION FUND'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT ON AN ANNUAL BASIS. THE ACTION FUND'S AUDIT COMMITTEE, ACTING WITH DELEGATED AUTHORITY ON BEHALF OF THE FULL BOARD OF DIRECTORS, OVERSEES ALL ASPECTS OF THE ORGANIZATION'S FINANCIAL STATEMENT AUDIT. EACH YEAR, THE AUDIT COMMITTEE APPROVES THE ACTION FUND'S EXTERNAL AUDIT FIRM. AT ANY STAGE OF THE AUDIT, THE AUDIT COMMITTEE HAS THE OPPORTUNITY TO MEET WITH THE AUDITOR, WITH OR WITHOUT THE ACTION FUND'S MANAGEMENT OR STAFF PRESENT. AT THE CONCLUSION OF THE AUDIT, THE AUDIT COMMITTEE REVIEWS THE AUDIT REPORT, WHICH INCLUDES COMMUNICATIONS TO THE AUDIT COMMITTEE REQUIRED UNDER STATEMENT OF AUDITING STANDARDS #114. AFTER ITS REVIEW AND DISCUSSION WITH THE AUDITOR, THE AUDIT COMMITTEE VOTES TO ACCEPT OR REJECT THE AUDIT. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 4,163,954. MANAGEMENT AND GENERAL EXPENSES 8,403. FUNDRAISING EXPENSES 13,094. TOTAL EXPENSES 4,185,451. FELLOWS AND HONORARIA: PROGRAM SERVICE EXPENSES 20,259. MANAGEMENT AND GENERAL EXPENSES 41. FUNDRAISING EXPENSES 64. TOTAL EXPENSES 20,364. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 19,141. MANAGEMENT AND GENERAL EXPENSES 39. FUNDRAISING EXPENSES 60. TOTAL EXPENSES 19,240. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 5,000. MANAGEMENT AND GENERAL EXPENSES 10. FUNDRAISING EXPENSES 16. TOTAL EXPENSES 5,026. FORM 990, PART XI, LINE 9: LOSS ON RETURN OF GRANT FUNDS -788.