Committee To Unleash Prosperity Inc
- Assets
- $5.6m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 47-3514328
Organization Overview
Committee To Unleash Prosperity Inc is located in Potomac, MD. The organization was established in 2016. According to its NTEE Classification (W24) the organization is classified as: Citizen Participation, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Committee To Unleash Prosperity Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Committee To Unleash Prosperity Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 35.8% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 18.5% 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
TO EDUCATE BUSINESS, POLITICAL, AND MEDIA LEADERS ABOUT INCREASING ECONOMIC GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE BUSINESS, POLITICAL AND MEDIA LEADERS ABOUT INCREASING
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Moore Chairman | OfficerTrustee | 40 | $172,000 |
Phil Kerpen President | OfficerTrustee | 20 | $109,319 |
Jonathan Decke Executive Dire | OfficerTrustee | 15 | $72,000 |
Anne Moore Treasurer | OfficerTrustee | 15 | $60,000 |
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 | $4,282,650 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,282,650 |
| Total Program Service Revenue | $0 |
| Investment income | $541 |
| 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 | $4,283,191 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $197,500 |
| 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 | $6,186 |
| Fees for services: Accounting | $2,260 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,183 |
| Information technology | $15,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,818 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,726 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,381,649 |
| Total functional expenses | $1,656,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,632,785 |
| 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 | $5,632,785 |
| 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 | $5,632,785 |
| 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 | $5,632,785 |
Grants Awarded
Over the last fiscal year, Committee To Unleash Prosperity Inc has awarded $197,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington, VA PURPOSE: PUB EDUCAT | $100,000 |
Sherman Oaks, CA PURPOSE: PUB EDUCAT | $50,000 |
Arlington, VA PURPOSE: PUB EDUCAT | $25,000 |
Washington, DC PURPOSE: PUB EDUCAT | $15,000 |
Washington, DC PURPOSE: PUB EDUCAT | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Committee To Unleash Prosperity Inc has recieved totaling $1,214,500.
| Awarding Organization | Amount |
|---|---|
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $745,000 |
Searle Freedom Trust Madison, WI PURPOSE: RESEARCH | $250,000 |
Lynde And Harry Bradley Foundation Inc Milwaukee, WI PURPOSE: TO SUPPORT GENERAL OPERATIONS | $50,000 |
Morse Charitable Foundation Inc Detroit, MI PURPOSE: RESEARCH | $45,000 |
Netchoice Washington, DC PURPOSE: general support | $30,000 |
Oliver R Grace Charitable Foundation Palm Beach, FL PURPOSE: CIVIC | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Common Ground Ruther Glen, VA | $1,035,150 | $7,212,810 |
National Conference On Citizenship Washington, DC | $5,588,012 | $7,878,527 |
Citizen Guardian Inc Washington, DC | $266,298 | $5,068,831 |
Center For Evaluation Innovation Inc Washington, DC | $10,200,831 | $6,678,533 |
Partnership For A New American Economy Action Fund Inc Washington, DC | $0 | $2,543,734 |
Citizens Against Government Waste Washington, DC | $2,739,250 | $2,642,299 |
Register2vote Fund Washington, DC | $1,136,027 | $2,153,610 |
American Majority Inc Purcellville, VA | $309,847 | $2,369,517 |
Center For Individual Freedom Fairfax, VA | $719,908 | $1,612,150 |
Committee To Unleash Prosperity Inc Potomac, MD | $5,632,785 | $4,283,191 |
Ballot Initiative Strategy Center Foundation Washington, DC | $1,667,752 | $2,201,310 |
Federation Of State Conservation Voters League Inc Richmond, VA | $393,225 | $1,402,182 |