Foundation For Democratic Development
- Assets
- $502.6k
- Revenue
- $915.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 83-4583490
Organization Overview
Foundation For Democratic Development is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (R01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Foundation For Democratic Development employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Democratic Development 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, Foundation For Democratic Development generated $915.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 61.1% each year . All expenses for the organization totaled $916.6k during the year ending 12/2021. While expenses have increased by 68.0% per year over the past 3 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
SUPPORT EURASIAN CIVIL SOCIETY, AS WELL AS THE SOCIAL AND ECONOMIC DEVELOPMENT OF EURASIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION FACILITATES REFORM-ORIENTED DISCUSSIONS IN EURASIA, ASSISTS IN DEVELOPMENT OF ACTIVISM AND INDEPENDENT MEDIA IN THE REGION, CONDUCTS RESEARCH AND EDUCATIONAL PROGRAMS ON ADVOCACY CAMPAIGNS AND GOOD GOVERNANCE, AND SUPPORTS ENTREPRENEURIAL AND SOCIAL EXCHANGE PROGRAMS AND STUDY TOURS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olga Golovanenko CFO | OfficerTrustee | 20 | $42,000 |
Nadezhda Valueva COO / Treasurer | OfficerTrustee | 17 | $36,000 |
Nataliya Arno President | OfficerTrustee | 11 | $31,060 |
Linda Petrillo Treasurer (end 2-12-21) | Trustee | 20 | $6,000 |
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 | $915,534 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $915,534 |
| Total Program Service Revenue | $0 |
| Investment income | $20 |
| 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 | $915,554 |
| 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 | $536,297 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $109,060 |
| Compensation of current officers, directors, key employees. | $42,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,877 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,866 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $412 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $187,760 |
| Advertising and promotion | $3,156 |
| Office expenses | $5,053 |
| Information technology | $5,513 |
| Royalties | $0 |
| Occupancy | $1,633 |
| Travel | $35,678 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,277 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $916,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,326 |
| Savings and temporary cash investments | $117,268 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $342 |
| 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 | $85,702 |
| Total assets | $502,638 |
| Accounts payable and accrued expenses | $15,472 |
| Grants payable | $0 |
| Deferred revenue | $247,060 |
| 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 | $148,054 |
| Other liabilities | $0 |
| Total liabilities | $410,586 |
| Net assets without donor restrictions | $2,445 |
| Net assets with donor restrictions | $89,607 |
| 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 | $502,638 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Democratic Development has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
U S Russia Foundation For Ecnomic Advancement And The Rule Of Law Washington, DC PURPOSE: PUBLIC SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
League Of Conservation Voters Inc Washington, DC | $40,217,616 | $114,796,662 |
Fwd Us Inc Washington, DC | $54,494,409 | $65,150,482 |
End Citizens United-Let America Vote Action Fund Washington, DC | $1,474,232 | $27,722,991 |
Lawyers Committee For Civil Rights Under Law Washington, DC | $72,608,635 | $38,134,884 |
Indivisible Project Washington, DC | $6,679,993 | $14,268,782 |
People For The American Way Washington, DC | $3,604,520 | $11,574,725 |
Alliance For Justice Washington, DC | $16,204,744 | $6,987,184 |
States United Democracy Center Inc Washington, DC | $2,130,024 | $5,028,276 |
American Energy Alliance Washington, DC | $1,295,350 | $1,912,817 |
More Perfect Union Foundation Washington, DC | $3,134,868 | $4,710,241 |
Fair Democracy Washington, DC | $378,223 | $2,075,374 |
Jewish Democratic Council Of America Washington, DC | $525,313 | $1,365,549 |