The Center For Accountability Modernization And Innovation Inc
- Assets
- $73.1k
- Revenue
- $350.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 09/2023
- EIN
- 84-3644207
Organization Overview
The Center For Accountability Modernization And Innovation Inc is located in Washington, DC. Center For Accountability Modernization And Innovation Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Center For Accountability Modernization And Innovation Inc generated $350.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $491.0k during the year ending 09/2023. 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
TO ADVANCE PRIVATE SECTOR SOLUTIONS TO IMPROVE ACCOUNTABILITY, MODERNIZATION, AND INNOVATION IN GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PODCASTS, BLOG POSTS, FUNDED GRANT ON PUBLIC-PRIVATE PARTNERSHIP AND PUBLIC BENEFITS RESEARCH, DRAFTING AND PLACING OP-EDS AND LETTERS TO THE EDITOR COMMUNICATING POLICIES THAT WOULD FURTHER THE ORGANIZATION'S MISSION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stan Soloway Chairman | Trustee | 1 | $60,000 |
Ian Walton Director | Trustee | 1 | $36,000 |
Taylor Keeney Director | Trustee | 1 | $24,000 |
Ebony Majette Through 31323 Secretary/treasurer/ed | Officer | 5 | $0 |
Madeline Seaman As Of 31323 Secretary/treasurer/ed | Officer | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
P2 Pathway Public Affairs Llc Project Management | 9/29/23 | $440,000 |
Imge Llc Communications Consulting | 9/29/23 | $128,260 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $200,489 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $150,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $350,489 |
| Total Program Service Revenue | $0 |
| 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 | $350,489 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,500 |
| 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. | $73,000 |
| 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 | $241,500 |
| Fees for services: Legal | $2,539 |
| Fees for services: Accounting | $3,382 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $140,990 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $5,959 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $491,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,141 |
| Savings and temporary cash investments | $0 |
| 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 | $73,141 |
| 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 | $0 |
| 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 | $73,141 |
| Total liabilities and net assets/fund balances | $73,141 |
Grants Awarded
Over the last fiscal year, The Center For Accountability Modernization And Innovation Inc has awarded $57,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILIES USA FOUNDATION INC PURPOSE: RESEARCH RE PUBLIC BENEFITS PROGRAMS | $50,000 |
NATIONAL ACADEMY OF PUBLIC ADMINISTRATION PURPOSE: SPONSORSHIP OF PROJECT RE MODERNIZATION OF PUBLIC BENEFITS DELIVERY | $7,500 |