National Community Action Foundation Inc
- Assets
- $732.5k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- 08/1981
- Data as of
- 12/2023
- EIN
- 52-1219782
Organization Overview
National Community Action Foundation Inc is located in Washington, DC. The organization was established in 1981. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, National Community Action Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Community Action Foundation 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 12/2023, National Community Action Foundation Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL COMMUNITY ACTION FOUNDATION, INC. SEEKS TO ENSURE THE FEDERAL GOVERNMENT HONORS ITS COMMITMENT TO FIGHTING POVERTY, ESPECIALLY THROUGH COMMUNITY ACTION AGENCIES, BY STABILIZING AND GROWING COMMUNITY ACTION'S FEDERAL RESOURCES, BY MANAGING COMMUNITY ACTION'S LEGISLATIVE AGENDA, BY BROADENING AND DEEPENING COMMUNITY ACTION'S BASE OF SUPPORT AMONG DEMOCRATS AND REPUBLICANS IN CONGRESS, AND BY DEVELOPING AND ACHIEVING NEW OPPORTUNITIES FOR COMMUNITY ACTION AGENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NATIONAL COMMUNITY ACTION FOUNDATION, INC. WORKS CLOSELY WITH MEMBERS OF CONGRESS, FEDERAL AND STATE AGENCIES, AND A VARIETY OF PUBLIC INTEREST GROUPS TO MAINTAIN ADEQUATE FUNDING FOR COMMUNITY ACTION AGENCIES' PROGRAMS AND TO SHAPE FUTURE POLICY DIRECTIONS. THE ORGANIZATION MEETS DAILY WITH MEMBERS OF CONGRESS TO WORK ON STABILIZING AND GROWING COMMUNITY ACTION'S FEDERAL RESOURCES, KEEPS THE NETWORK INFORMED ON COMMUNITY ACTION NEWS ON CAPITOL HILL THROUGH CAPFACTS AND OTHER COMMUNICATIONS, AND SEEKS OUT AND DEVELOPS NEW OPPORTUNITIES FOR COMMUNITY ACTION AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrian Fassett President | OfficerTrustee | 1 | $0 |
Jim Wansacz Director (from Oct 2023) | Trustee | 1 | $0 |
Sharon Scott-Chandler Director | Trustee | 1 | $0 |
Belva Dorsey Director | Trustee | 1 | $0 |
Janice Warner Director | Trustee | 1 | $0 |
Bill Powell Director | Trustee | 1 | $0 |
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 | $493,841 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $493,841 |
| Total Program Service Revenue | $715,314 |
| Investment income | $3,798 |
| 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 | $1,212,953 |
| 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. | $467,201 |
| Compensation of current officers, directors, key employees. | $42,929 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $302,998 |
| Pension plan accruals and contributions | $15,915 |
| Other employee benefits | $57,788 |
| Payroll taxes | $24,991 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $65,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $687 |
| Fees for services: Other | $57,334 |
| Advertising and promotion | $0 |
| Office expenses | $74,846 |
| Information technology | $49,865 |
| Royalties | $0 |
| Occupancy | $72,615 |
| Travel | $28,471 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $160,967 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,120 |
| Insurance | $4,038 |
| All other expenses | $16,609 |
| Total functional expenses | $1,425,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,986 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,980 |
| 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 | $19,199 |
| Net Land, buildings, and equipment | $2,450 |
| Investments—publicly traded securities | $149,852 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $206,016 |
| Total assets | $732,483 |
| Accounts payable and accrued expenses | $50,186 |
| Grants payable | $0 |
| Deferred revenue | $129,849 |
| 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 | $191,963 |
| Total liabilities | $371,998 |
| Net assets without donor restrictions | $360,485 |
| 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 | $732,483 |