Fight Corporate Monopolies
- Assets
- $966.8k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 82-5097446
Organization Overview
Fight Corporate Monopolies is located in Washington, DC. As of 12/2022, Fight Corporate Monopolies employed 5 individuals. Fight Corporate Monopolies 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, Fight Corporate Monopolies generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $889.1k during the year ending 12/2022. 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
TO EXAMINE AND EXPOSE EXTREME CONCENTRATIONS OF ECONOMIC AND POLITICAL POWER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIGHT CORPORATE MONOPOLIES PRODUCES COMMUNICATIONS AND DIGITAL CONTENT ON THE IMPACT OF CONCENTRATED CORPORATE POWER AND ITS HARMS ON EVERY DAY PEOPLE IN AREAS FROM HEALTHCARE, UTILITY COMPANIES, FINANCIAL SERVICES, TECHNOLOGY PLATFORMS, AND SO ON. IT HAS PRODUCED SEVERAL PIECES OF ORIGINAL RESEARCH, POLICY AND MESSAGING GUIDANCE, AND COMMUNICATIONS PRODUCTS FOR PUBLIC USE.FIGHT CORPORATE MONOPOLIES HAS LED AND SUPPORTED MULTIPLE CAMPAIGNS AND COALITIONS IN THE FIGHT AGAINST CORPORATE POWER AND FOR ECONOMIC JUSTICE AND INCLUSIVE DEMOCRACY. IT HAS DIRECTED DYNAMIC, ACTION-ORIENTED CAMPAIGNS TO RESPOND TO CORPORATE ACTORS. IT HAS LED AND PARTICIPATED IN PETITIONS AND LETTERS TO PUBLIC OFFICIALS, EDUCATED FEDERAL AND STATE OFFICIALS, AND PRODUCED EDUCATIONAL MEDIA CONTENT ON CORPORATE POWER AND PUBLIC OFFICIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Brosnan Executive Director (from 2/2022) | Officer | 40 | $97,167 |
Adam Jentleson President (thru 11/2022) | OfficerTrustee | 1 | $0 |
Lillian Salerno Secretary/treasurer | OfficerTrustee | 1 | $0 |
Sarah Miller Board Member | 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 | $1,364,357 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,364,357 |
| Total Program Service Revenue | $12,000 |
| 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 | $1,377,441 |
| 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. | $111,223 |
| Compensation of current officers, directors, key employees. | $2,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $253,312 |
| Pension plan accruals and contributions | $10,738 |
| Other employee benefits | $2,002 |
| Payroll taxes | $30,672 |
| Fees for services: Management | $149,304 |
| Fees for services: Legal | $13,783 |
| Fees for services: Accounting | $26,173 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $170,589 |
| Advertising and promotion | $48,750 |
| Office expenses | $7,380 |
| Information technology | $29,392 |
| Royalties | $0 |
| Occupancy | $23,457 |
| Travel | $4,076 |
| 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 | $1,590 |
| Insurance | $6,687 |
| All other expenses | $0 |
| Total functional expenses | $889,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $454,479 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $500,000 |
| 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 | $3,344 |
| Net Land, buildings, and equipment | $9,010 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $966,833 |
| Accounts payable and accrued expenses | $40,001 |
| 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 | $40,001 |
| Net assets without donor restrictions | $426,832 |
| Net assets with donor restrictions | $500,000 |
| 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 | $966,833 |