Consumer Federation Of America Inc
- Assets
- $6.0m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 27
- Location
- Washington, DC
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 52-0880625
Organization Overview
Consumer Federation Of America Inc is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (W90) the organization is classified as: Consumer Protection, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Consumer Federation Of America Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Consumer Federation Of America 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, Consumer Federation Of America Inc generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Consumer Federation Of America Inc has awarded 40 individual grants totaling $1,054,500. 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
CFA IS A RESEARCH, ADVOCACY, EDUCATION, AND SERVICE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CFA PROGRAMS- CFA PROGRAMS ADVANCE THE CONSUMER INTEREST THROUGH RESEARCH, ADVOCACY, AND EDUCATION. EDUCATION - CFA DISSEMINATES INFORMATION ON CONSUMER ISSUES TO THE PUBLIC AND THE MEDIA AS WELL AS TO POLICYMAKERS AND OTHER PUBLIC INTEREST ADVOCATES. THIS IS ACHIEVED BY NATIONAL SOCIAL MARKETING CAMPAIGNS, NATIONAL EDUCATION INFORMATION AND DISTRIBUTION, CONFERENCES, REPORTS, NEWS RELEASES AND BY WEBSITE. RESEARCH - CFA INVESTIGATES CONSUMER ISSUES, BEHAVIORS AND ATTITUDES USING SURVEYS, POLLING, FOCUS GROUPS, AND LITERATURE REVIEWS. THE FINDINGS ASSIST CONSUMER ADVOCATES AND POLICYMAKERS AS WELL AS INDIVIDUAL CONSUMERS. THIS RESEARCH ALSO PROVIDES THE BASIS FOR CONSUMER INFORMATION AND EDUCATION EFFORTS.SEE SCHEDULE O FOR CONTINUATION.
AMERICA SAVES- AMERICA SAVES IS A CAMPAIGN THAT MOTIVATES, ENCOURAGES, AND SUPPORTS LOW- TO MODERATE-INCOME HOUSEHOLDS TO SAVE MONEY, REDUCE DEBT, AND BUILD WEALTH. THE RESEARCH-BASED CAMPAIGN USES THE PRINCIPLES OF BEHAVIORAL ECONOMICS AND SOCIAL MARKETING TO CHANGE BEHAVIOR. NON-PROFIT, GOVERNMENT, AND CORPORATE GROUPS PARTICIPATE IN AMERICA SAVES NATIONALLY AND THROUGH LOCAL, REGIONAL, AND STATEWIDE CAMPAIGNS AROUND THE COUNTRY. AMERICA SAVES ENCOURAGES INDIVIDUALS TO TAKE THE AMERICA SAVES PLEDGE AND ORGANIZATIONS TO PROMOTE SAVINGS YEAR-ROUND AND DURING AMERICA SAVES WEEK.SEE SCHEDULE O FOR CONTINUATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Gillis Executive Director | Officer | 37.5 | $182,000 |
Rachel Weintraub Legislative Director | 37.5 | $147,067 | |
Tanesha Mitria Wilson Director Of Housing Policy | 37.5 | $122,123 | |
George Barany America Saves Director | 37.5 | $120,232 | |
Tony Lucas Administrative Director | 37.5 | $110,017 | |
Thomas Gremillion Director Of Food Policy | 37.5 | $108,656 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $131,320 |
| Fundraising events | $76,205 |
| Related organizations | $0 |
| Government grants | $390,483 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,555,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,153,248 |
| Total Program Service Revenue | $587,746 |
| Investment income | $10,011 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$17,250 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,738,481 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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. | $206,100 |
| Compensation of current officers, directors, key employees. | $28,715 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,917,495 |
| Pension plan accruals and contributions | $83,945 |
| Other employee benefits | $131,471 |
| Payroll taxes | $173,309 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,070 |
| Fees for services: Accounting | $32,904 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $180 |
| Fees for services: Other | $455,911 |
| Advertising and promotion | $90,764 |
| Office expenses | $48,644 |
| Information technology | $115,746 |
| Royalties | $0 |
| Occupancy | $202,980 |
| Travel | $13,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,930 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,815 |
| Insurance | $11,386 |
| All other expenses | $0 |
| Total functional expenses | $3,627,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,743,574 |
| Pledges and grants receivable | $99,600 |
| 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 | $6,527 |
| Net Land, buildings, and equipment | $111,626 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,961,327 |
| Accounts payable and accrued expenses | $51,802 |
| 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 | $207,867 |
| Total liabilities | $259,669 |
| Net assets without donor restrictions | $3,571,240 |
| Net assets with donor restrictions | $2,130,418 |
| 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 | $5,961,327 |
Grants Awarded
Over the last fiscal year, Consumer Federation Of America Inc has awarded $42,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: Fair access to auto insurance and fair teatment LMI | $20,000 |
Austin, TX PURPOSE: Insurance Consumer Advocacy Initiatives | $12,500 |
Austin, TX PURPOSE: Auto Insurance reform | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Consumer Federation Of America Inc has recieved totaling $168,687.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100,000 |
Finra Regulation Inc Rockville, MD PURPOSE: GENERAL SUPPORT | $59,687 |
United Food And Commercial Workers International Union Washington, DC PURPOSE: GENERAL SUPPORT | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Consumers League Inc Washington, DC | $8,830,784 | $4,571,912 |
Consumer Federation Of America Inc Washington, DC | $5,961,327 | $2,738,481 |
Consumer Choice Center Washington, DC | $1,643,209 | $4,369,407 |
National Committee For Responsive Philanthropy Washington, DC | $4,922,590 | $3,191,607 |
Voluntary Protection Programs Participants Association Inc Falls Church, VA | $5,660,628 | $3,336,643 |
Mid-Atlantic Association Of Community Health Centers Inc Annapolis, MD | $1,217,299 | $1,637,367 |
American Highway Users Alliance Washington, DC | $761,886 | $1,215,636 |
On Our Own Of Maryland Inc Elkridge, MD | $1,030,376 | $1,034,612 |
Center For Study Of Responsive Law Washington, DC | $26,181,017 | $1,097,563 |
Coalition For Better Ads Washington, DC | $569,058 | $936,437 |
Internet Education Foundation Washington, DC | $2,668,923 | $891,295 |
Essential Information Inc Washington, DC | $743,201 | $1,136,509 |