American Security Fund
- Assets
- $1.3m
- Revenue
- $2.2m
- Investments
- $185.0k
- Employees
- 0
- Location
- Annandale, VA
- Founding
- Data as of
- 12/2023
- EIN
- 30-1365638
Organization Overview
American Security Fund is located in Annandale, VA. American Security Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO ACHIEVING LONG-TERM NATIONAL SECURITY POLICY GOALS IN THE AREAS OF ARTIFICIAL INTERLLIGENCE SAFETY AND BIOSECURITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEDICATED TO ACHIEVING LONG-TERM NATIONAL SECURITY POLICY GOALS IN THE AREAS OF ARTIFICIAL INTELLIGENCE SAFETY AND BIOSECURITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Lopez-Reyes Director | Trustee | 2 | $0 |
Tyler Deaton Director/president | OfficerTrustee | 10 | $0 |
Nathan Parsons-Schwarz Director/treasurer | OfficerTrustee | 10 | $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 | $2,096,604 |
| Noncash contributions included in lines 1a–1f | $2,096,604 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,096,604 |
| Total Program Service Revenue | $0 |
| Investment income | $21,694 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $67,108 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,185,406 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,000 |
| 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 | $163,500 |
| Fees for services: Legal | $20,590 |
| Fees for services: Accounting | $978 |
| Fees for services: Lobbying | $292,250 |
| Fees for services: Fundraising | $60,000 |
| Fees for services: Investment Management | $2,256 |
| Fees for services: Other | $115,480 |
| Advertising and promotion | $4,500 |
| Office expenses | $2,004 |
| Information technology | $1,083 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $200 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $863,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,779 |
| 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 | $1,025,274 |
| Investments—other securities | $185,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,349,053 |
| 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 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,349,053 |
| Total liabilities and net assets/fund balances | $1,349,053 |
Grants Awarded
Over the last fiscal year, American Security Fund has awarded $200,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH CAROLINA INFORMATION INNOVATION FUND PURPOSE: THE NORTH CAROLINA INFORMATION INNOVATION FUND WILL BUILD AN ISSUE DIALOGUE WITH VOTERS TO BETTER INFORM THE PUBLIC ON CRITICAL ISSUES BEING ADDRESSED AT THE NATIONAL LEVEL. | $25,000 |
GEORGIANS FOR STRONG FAMILIES PURPOSE: EDUCATION OUTREACH | $50,000 |
AMERICAN UNITY FUND PURPOSE: SPONSOR AMERICAN UNITY FUND (AUF) WINTER RETREAT | $100,000 |
THE AURORA VENTURE PURPOSE: MEMBERSHIP | $25,000 |