Americans For Economic Growth
- Assets
- $0.0
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 46-3343083
Organization Overview
Americans For Economic Growth is located in Washington, DC. Americans For Economic Growth 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 12/2022, Americans For Economic Growth generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 61.4% each year . All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 56.1% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO ADVOCATE FOR PUBLIC POLICIES THAT SUPPORT ECONOMIC GROWTH AND INFRASTRUCTURE IMPROVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTED RESEARCH ACTIVITIES AND EXECUTED STRATEGIC PLANS TO ADVOCATE FOR PUBLIC POLICIES THAT PROMOTE ECONOMIC GROWTH AND INFRASTRUCTURE IMPROVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Varoga Director,treasurer | OfficerTrustee | 20 | $0 |
Mike Rice Director,president | OfficerTrustee | 0.1 | $0 |
Steve Bouchard Director | Trustee | 0.1 | $0 |
Lorianne D'orazio Hce | 40 | $144,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trilogy Interactive Llc Advertising | 12/26/22 | $147,381 |
Grok Media Llc Advertising | 12/26/22 | $649,595 |
Lookout Media Llc Strategic Services | 12/26/22 | $240,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $50,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,676,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,726,500 |
| 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 | $2,726,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,888,190 |
| 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 | $144,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,881 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,995 |
| Fees for services: Accounting | $3,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $5,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $366,572 |
| Advertising and promotion | $798,845 |
| Office expenses | $2,529 |
| Information technology | $47,528 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $36 |
| 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 | $1,318 |
| Total functional expenses | $3,273,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Americans For Economic Growth has awarded $1,883,190 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PATRIOT MAJORITY USA PURPOSE: ADVOCACY | $1,771,142 |
REBUILD USA PAC PURPOSE: POLITICAL | $77,000 |
ACCELERATOR FOR AMERICA PURPOSE: EDUCATION | $10,000 |
AMERICAN JOBS NOW PURPOSE: ADVOCACY | $25,048 |