Act For Alexandria
- Assets
- $25.5m
- Revenue
- $7.6m
- Investments
- $579.5k
- Employees
- 7
- Location
- Alexandria, VA
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 26-4322369
Organization Overview
Act For Alexandria is located in Alexandria, VA. The organization was established in 2009. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Act For Alexandria employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Act For Alexandria is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Act For Alexandria generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $3.8m during the year ending 12/2021. While expenses have increased by 7.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Act For Alexandria has awarded 663 individual grants totaling $16,522,765. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ACT FOR ALEXANDRIA IS A COMMUNITY FOUNDATION THAT IMPROVES THE LIVES OF ALEXANDRIANS BY TURNING IDEAS INTO ACTION AND RESOURCES INTO RESULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY INVESTMENT GRANTS: GRANTS ARE AWARDED PRIMARILY THROUGH DONOR ADVISED FUNDS. THESE UNRESTRICTED GRANTS ARE MADE TO NONPROFITS BASED ON RECOMMENDATIONS FROM FUND HOLDERS. IN 2021, FIFTY-ONE PERCENT OF THOSE GRANTS WENT TO SUPPORT CHARITABLE ORGANIZATIONS IN ALEXANDRIA, VA. IN ADDITION, ACT PROVIDES CAPACITY BUILDING GRANTS THAT STRENGTHEN AND SUPPORT NONPROFITS THAT SERVE PEOPLE WHO LIVE IN ALEXANDRIA.
MANAGED FUNDS: IN 2021, WITH SUPPORT FROM INDIVIDUAL DONORS, LOCAL BUSINESSES, FOUNDATIONS AND THE CITY OF ALEXANDRIA, ACT CONTINUES ITS BUILDING OF THE ALEXANDRIA RESILIENCE FUND TO PROVIDE GRANTS TO NONPROFIT ORGANIZATIONS PROVIDING CRITICAL SERVICES TO ALEXANDRIA RESIDENTS FACING HARDSHIP DUE TO CONSTRAINTS ON ECONOMIC MOBILITY.
SPRING2ACTION 2021: ACT HOSTED ALEXANDRIA'S ANNUAL DAY OF GIVING TO SUPPORT ALEXANDRIA-SERVING NONPROFIT ORGANIZATIONS. MORE THAN 8500 DONORS MADE DONATIONS TO 156 ALEXANDRIA NONPROFITS WITH A RECORD BREAKING $2.58 MILLION RAISED IN JUST 24 HOURS. MANY ALEXANDRIA-SERVING NONPROFITS USE THIS CROWDSOURCING PLATFORM TO INCREASE THEIR FUNDRAISING CAPACITY AND RAISE CRITICAL RESOURCES FOR THEIR ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Peeler President & CEO | OfficerTrustee | 40 | $198,597 |
Brandi Yee Chief Program Officer | 40 | $110,193 | |
Karen Avery Vice Chair | OfficerTrustee | 5 | $0 |
Brian Lundeen Treasurer | OfficerTrustee | 8 | $0 |
Molly Dahl Chair | OfficerTrustee | 5 | $0 |
John Armstrong Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $226,056 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,319,705 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,545,761 |
| Total Program Service Revenue | $58,908 |
| Investment income | $343,056 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,336,795 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,617,741 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,081,048 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $351,183 |
| Compensation of current officers, directors, key employees. | $104,309 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,483 |
| Pension plan accruals and contributions | $12,777 |
| Other employee benefits | $39,510 |
| Payroll taxes | $64,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,269 |
| Fees for services: Other | $277,653 |
| Advertising and promotion | $245,884 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,131 |
| Travel | $9,837 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,568 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,620 |
| Insurance | $3,764 |
| All other expenses | $5,516 |
| Total functional expenses | $3,842,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,875,991 |
| Savings and temporary cash investments | $2,242,313 |
| Pledges and grants receivable | $345,000 |
| Accounts receivable, net | $156,561 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $31,278 |
| Net Land, buildings, and equipment | $13,752 |
| Investments—publicly traded securities | $19,248,184 |
| Investments—other securities | $579,484 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,516 |
| Total assets | $25,524,079 |
| Accounts payable and accrued expenses | $67,898 |
| Grants payable | $44,100 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,559 |
| Total liabilities | $113,557 |
| Net assets without donor restrictions | $24,670,078 |
| Net assets with donor restrictions | $740,444 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,524,079 |
Grants Awarded
Over the last fiscal year, Act For Alexandria has awarded $1,352,860 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
Alexandria, VA PURPOSE: PROGRAM SUPPORT | $115,500 |
Washington, DC PURPOSE: PROGRAM SUPPORT | $100,000 |
Alexandria, VA PURPOSE: PROGRAM SUPPORT | $62,000 |
San Diego, CA PURPOSE: PROGRAM SUPPORT | $53,725 |
New York, NY PURPOSE: PROGRAM SUPPORT | $50,000 |
CITY OF ALEXANDRIA PURPOSE: PROGRAM SUPPORT | $46,502 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Act For Alexandria has recieved totaling $1,067,661.
| Awarding Organization | Amount |
|---|---|
Citi Foundation New York, NY PURPOSE: COMMUNITY PROGRESS MAKERS | $250,000 |
Citi Foundation New York, NY PURPOSE: COMMUNITY PROGRESS MAKERS | $250,000 |
Virginia Early Childhood Foundation Henrico, VA PURPOSE: CHILDHOOD/EDUCATIONAL DEVELOPMENT | $138,631 |
Eugene & Agnes E Meyer Foundation Washington, DC PURPOSE: TO SUPPORT THE RACIAL EQUITY CAPACITY BUILDING INITIATIVE | $80,000 |
Eugene & Agnes E Meyer Foundation Washington, DC PURPOSE: TO SUPPORT ALEXANDRIA'S GUARANTEED INCOME PILOT OVER TWO YEARS | $75,000 |
Eugene & Agnes E Meyer Foundation Washington, DC PURPOSE: TO SUPPORT ALEXANDRIA'S GUARANTEED INCOME PILOT OVER TWO YEARS | $75,000 |
Endowment Analysis
| Beg. Balance | $10,969 |
| Earnings | $37 |
| Ending Balance | $11,006 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Small Enterprise Assistance Funds Washington, DC | $28,992,255 | $7,370,545 |
Montgomery Village Foundation Inc montgomery village, MD | $23,433,037 | $9,100,632 |
Access Ventures Inc Louisville, KY | $43,826,766 | $16,386,169 |
Blockchain Charity Foundation Usa Washington, DC | $18,476,166 | $12,913,817 |
Act For Alexandria Alexandria, VA | $25,524,079 | $7,617,741 |
Memphis Land Bank Inc Memphis, TN | $18,817,383 | $908,597 |
Dream Big Foundation Inc Crownsville, MD | $3,093,434 | $416,051 |
Sons Of Italy Foundation Washington, DC | $3,002,403 | $903,118 |
Nccco Foundation Inc Fairfax, VA | $88,363 | $507,000 |
Charlotte Regional Realtor Assoc Housing Opportunity Foundati Charlotte, NC | $2,010,464 | $461,132 |
Sior Foundation Washington, DC | $7,527,340 | $479,437 |
Somernites Cruise Inc Somerset, KY | $278,191 | $306,421 |