Americans For Economic Growth
- Assets
- $547.1k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- Data as of
- 12/2021
- 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 12/2021, Americans For Economic Growth generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 53.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 42.4% per year over the past 5 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
2021
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 |
|---|---|---|---|
Lorianne D'orazio Hce | 40 | $144,000 | |
Mike Rice Director,president | OfficerTrustee | 0.1 | $0 |
Craig Varoga Director,treasurer | OfficerTrustee | 20 | $0 |
Steve Bouchard Director | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Targeted Platform Media Advertising | 12/30/21 | $297,674 |
Lookout Media Llc Strategic Services | 12/30/21 | $140,000 |
Varoga & Associates Llc Strategic Services | 12/30/21 | $120,000 |
1215 Llc Advertising | 12/30/21 | $365,918 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $240,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,069,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,309,250 |
| 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 | $1,309,250 |
| 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 | $144,000 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,137 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,859 |
| Fees for services: Accounting | $1,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $353,562 |
| Advertising and promotion | $710,936 |
| Office expenses | $2,592 |
| Information technology | $67,698 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $451 |
| 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 | $256 |
| Total functional expenses | $1,325,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $547,094 |
| 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 | $547,094 |
| 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 | $547,094 |
| 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 | $547,094 |
Grants Awarded
Over the last fiscal year, Americans For Economic Growth has awarded $170,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TEAM NEVADA ENGAGED INC PURPOSE: GEN'L PURPOSE | $95,000 |
VOTE NO ON ONE TENNESSEE PURPOSE: GEN'L PURPOSE | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Americans For Economic Growth has recieved totaling $269,803.
| Awarding Organization | Amount |
|---|---|
Laborers International Union Of North America Washington, DC PURPOSE: GENERAL SUPPORT | $250,000 |
International Union Of Bricklayers And Allied Craftworkers Washington, DC PURPOSE: DONATIONS - CIVIC | $19,803 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Center For Global Development Washington, DC | $65,777,264 | $14,319,773 |
Results For America Washington, DC | $34,611,584 | $37,342,488 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Community Legal Services Inc Philadelphia, PA | $20,694,601 | $20,774,549 |