American Edge is located in Vienna, VA. American Edge 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 10/2023, American Edge generated $31.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.1% each year . All expenses for the organization totaled $30.4m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, American Edge has awarded 45 individual grants totaling $798,500. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FURTHER THE COMMON GOOD AND GENERAL WELFARE OF U.S. CITIZENS BY ENGAGING IN EDUCATION AND ADVOCACY EFFORTS TO PROMOTE THE BENEFITS OF AMERICAN TECHNOLOGY
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURTHERING THE COMMON GOOD AND GENERAL WELFARE OF U.S. CITIZENS BY ENGAGING IN EDUCATION AND ADVOCACY EFFORTS TO PROMOTE THE BENEFITS OF AMERICAN TECHNOLOGY.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Douglas Kelly CEO | Officer | 40 | $280,500 | 
| Brad Smith Director/president | OfficerTrustee | 3 | $55,000 | 
| Christopher Carney Director/secretary | OfficerTrustee | 3 | $55,000 | 
| Susana Martinez Director | Trustee | 3 | $55,000 | 
| Amy Gilbert Treasurer | Officer | 1 | $0 | 
| Vendor Name (Service) | Service Year | Compensation | 
|---|---|---|
| Cavalry Llc Strat/comm/media | 10/30/23 | $9,081,841 | 
| Global Strategy Group Llc Strat/surveys/media | 10/30/23 | $6,346,692 | 
| Fp1 Strategies Llc Strat/mgmt/res/media | 10/30/23 | $24,237,217 | 
| Rational 360 Field Programs | 10/30/23 | $3,355,000 | 
| Beacon Global Strategies Llc Global Strategic Svc | 10/30/23 | $640,000 | 
| 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 | $31,904,000 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,904,000 | 
| 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 | $31,904,000 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $313,500 | 
| 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. | $485,474 | 
| Compensation of current officers, directors, key employees. | $30,547 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $0 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $0 | 
| Payroll taxes | $14,193 | 
| Fees for services: Management | $240,000 | 
| Fees for services: Legal | $263,029 | 
| Fees for services: Accounting | $256,712 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $28,760,071 | 
| Advertising and promotion | $0 | 
| Office expenses | $19,161 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $1,756 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $12,098 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $47,841 | 
| All other expenses | $0 | 
| Total functional expenses | $30,413,835 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,369,708 | 
| 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 | $1,638,014 | 
| 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 | $16,007,722 | 
| Accounts payable and accrued expenses | $227,385 | 
| 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 | $7,137 | 
| Total liabilities | $234,522 | 
| Net assets without donor restrictions | $15,773,200 | 
| 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 | $16,007,722 | 
Over the last fiscal year, American Edge has awarded $313,500 in support to 18 organizations.
| Grant Recipient | Amount | 
|---|---|
| SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL PURPOSE: GENERAL SUPPORT | $15,000 | 
| TRADE ALLIANCE TO PROMOTE PROSPERITY PURPOSE: GENERAL SUPPORT | $10,000 | 
| CENTER OF INNOVATION & FREE ENTERPRISE PURPOSE: GENERAL SUPPORT | $10,000 | 
| HISPANIC HERITAGE FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 | 
| MARKET INSTITUTE PURPOSE: GENERAL SUPPORT | $7,500 | 
| SER JOBS FOR PROGRESS NATIONAL PURPOSE: GENERAL SUPPORT | $10,000 |