Citizens For Restoring Americas Financial Future Inc
- Assets
- $17.3k
- Revenue
- $230.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2016
- EIN
- 27-2177412
Organization Overview
Citizens For Restoring Americas Financial Future Inc is located in Atlanta, GA. Citizens For Restoring Americas Financial Future Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
CRAFF IS EDUCATING THE PUBLIC ON THE PROBLEM OF THE INCREASING U.S. PUBLIC DEBT THE AND THE FEASIBILITY OF REDUCING GOVERNMENT SPENDING 1% PER YEAR AS A MEANS OF BALANCING THE FEDERAL BUDGET AND CUTTING THE DEBT IN HALF AS A PERCENT OF GDP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAM TO INFORM THE PUBLIC ON THE NATIONAL DEBT CRISIS AND HOW TO SOLVE THAT DEBT CRISIS BY REDUCING SPENDING BY 1% EACH YEAR.
CRAFF NOTICED THAT THERE WAS A RISK TO LOCAL CHURCH FINANCIAL FUTURES DUE TO THE FACT THAT SOME LOCAL CHURCH DENOMINATION CHURCH LAND AND BUILDING PAID FOR BY THE LOCAL CITIZENS ARE OWNED BY THE NATIONAL DENOMINATION AND ARE ULTIMATELY CONTROLLED BY THE NATIONAL ORGANIZATION WHO DID NOT PAY FOR THE LAND AND BUILDING. CRAFF RESEARCHED THIS ISSUE, EDUCATED BOTH THE PUBLIC AND LEGISLATORS TO TRY CREATE BETTER LAWS FOR THE CITIZENS. THIS WAS TO BENEFIT ANY ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Macmillan Director | Trustee | 5 | $0 |
Billy Mitchell Director | Trustee | 2 | $0 |
Jim Balkcom Director | Trustee | 2 | $0 |
Bruce Cook Chairman & CEO | Trustee | 10 | $0 |
John Lyman CFO | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,136 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $230,136 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $230,136 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $189,414 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $23,441 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $212,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,281 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,281 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $17,281 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $17,281 |