Lets Perserve The American Dream Inc
- Assets
- $2.6m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-3098708
Organization Overview
Lets Perserve The American Dream Inc is located in Tallahassee, FL. The organization was established in 2014. According to its NTEE Classification (V05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lets Perserve The American Dream Inc 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.
For the year ending 12/2021, Lets Perserve The American Dream Inc generated $9.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $12.4m during the year ending 12/2021. While expenses have increased by 35.5% 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 2015, Lets Perserve The American Dream Inc has awarded 29 individual grants totaling $9,524,250. 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
TO CONDUCT VARIOUS PROGRAMS TO EDUCATE CITIZENS ON THE SOCIETAL BENEFITS OF SOUND ECONOMIC, REGULATORY AND LEGAL POLICIES. SUCH PROGRAMS AND ACTIVITIES WILL INCLUDE, BUT NOT BE LIMITED TO, PUBLIC EDUCATION THROUGH SPEECHES, SEMINARS, RESEARCH, MEDIA DISTRIBUTION, INTERVIEWS, WEBSITE, ARTICLES, TELEVISION, RADIO AND NEWSPAPER INTERVIEWS AND OTHER ACTIVITIES FOR THE BETTERMENT OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LET'S PERSERVE THE AMERICAN DREAM INC. CONDUCTS VARIOUS PROGRAMS TO EDUCATE CITIZENS ON THE SOCIETAL BENEFITS OF SOUND ECONOMIC, REGULATORY, AND LEGAL POLICIES. SUCH PROGRAMS AND ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, PUBLIC EDUCATION THROUGH SPEECHES, SEMINARS, RESEARCH, MEDIA DISTRIBUTION, INTERVIEWS, WEBSITE, ARTICLES, TELEVISION, RADIO AND NEWSPAPER INTERVIEWS AND OTHER ACTIVITIES FOR THE BETTERMENT OF SOCIETY.
RESEARCH, COLLECTING & ASSEMBLING INFORMATION FOR COMPILING DATA INFORMATION REPORTS IN ORDER TO PROPERLY BRIEF MEMBERS OF THE PRESS AND GENERAL PUBLIC IN A NON-PARTISAN, UNBIASED MANNER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nic Fugate President | OfficerTrustee | 5 | $0 |
Trey Gardner Treasurer | OfficerTrustee | 5 | $0 |
Ryan Tyson Executive Director | Officer | 20 | $0 |
Tyler Riddle Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Urban Systems The Innovation Group Research | 12/30/21 | $314,400 |
Preservation Association Management Llc Consulting, Polling Data, Legal Fees | 12/30/21 | $134,377 |
The Tyson Group Polling & Data Collection | 12/30/21 | $216,312 |
Holtzman Vogel Baran Torchinsky Josefiak Legal Fees | 12/30/21 | $160,951 |
Game Day Strategies Consulting, Polling Data, Legal Fees | 12/30/21 | $4,597,704 |
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 | $8,998,995 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,998,995 |
| 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 | $8,998,995 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,960,000 |
| 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 | $2,926,230 |
| Fees for services: Legal | $451,352 |
| Fees for services: Accounting | $24,932 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,757,721 |
| Advertising and promotion | $0 |
| Office expenses | $23,486 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,609 |
| Travel | $103,134 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $581 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,801 |
| Insurance | $15,272 |
| All other expenses | $0 |
| Total functional expenses | $12,366,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,591,815 |
| 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 | $31,431 |
| Net Land, buildings, and equipment | $23,850 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,647,096 |
| Accounts payable and accrued expenses | $144,977 |
| 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 | $144,977 |
| Net assets without donor restrictions | $2,502,119 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,647,096 |
Grants Awarded
Over the last fiscal year, Lets Perserve The American Dream Inc has awarded $5,960,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL SUPPORT | $2,000,000 |
FOUNDATION FOR AMERICA'S FAMILIES PURPOSE: GENERAL SUPPORT | $1,000,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $1,000,000 |
Alexandria, VA PURPOSE: GENERAL SUPPORT | $750,000 |
SUNSHINE STATE FUTURE INC PURPOSE: GENERAL SUPPORT | $600,000 |
PASS THE BALANCED BUDGET AMENDMENT INC PURPOSE: GENERAL SUPPORT | $150,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lets Perserve The American Dream Inc has recieved totaling $630,000.
| Awarding Organization | Amount |
|---|---|
Foundation For A Safe Environment Inc Tallahassee, FL | | $630,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Horizon Development Properties Inc Charlotte, NC | $420,836,852 | $43,904,469 |
Tideland Electric Membership Corp Pantego, NC | $155,003,665 | $49,716,262 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Trustbridge Inc West Palm Beach, FL | $246,958,049 | $48,624,490 |
Brevard Health Alliance Inc West Melbourne, FL | $40,519,404 | $57,510,485 |
South Alabama Electric Cooperative Troy, AL | $170,308,337 | $49,282,613 |
Gulf Coast Electric Coop Inc Wewahitchka, FL | $224,365,619 | $58,878,465 |
Meridian Behavioral Healthcare Inc Gainesville, FL | $28,925,919 | $54,907,387 |
Norton Community Hospital Inc Johnson City, TN | $0 | $44,059,462 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Educational Foundation Inc Chapel Hill, NC | $193,854,804 | $63,834,996 |
Morton Plant Mease Health Services Inc Clearwater, FL | $47,164,450 | $51,425,427 |