First Five Action Fund
- Assets
- $1.9m
- Revenue
- $505.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 06/2023
- EIN
- 85-1075023
Organization Overview
First Five Action Fund is located in Washington, DC. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Five Action Fund 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 06/2023, First Five Action Fund generated $505.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $769.3k during the year ending 06/2023. 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
THROUGH EDUCATION ACTIVITIES, ISSUE ADVOCACY, AND LOBBYING AT THE FEDERAL LEVEL, FFAF WORKS TO SUSTAIN AND EXPAND FEDERAL-LEVEL SUPPORT FOR EARLY CARE AND EDUCATION (ECE), AND IDENTIFY AND ADVANCE NEW AND INNOVATIVE WAYS TO INCREASE ACCESS TO HIGH-QUALITY ECE FOR CHILDREN FROM UNDER-RESOURCED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FIRST FIVE ACTION FUND (FFAF) WAS FOUNDED IN 2020 TO ADVOCATE FOR HIGH-QUALITY EARLY CHILDHOOD EDUCATION IN AMERICA. FFAF'S MISSION IS TO ENSURE ALL CHILDREN FROM BIRTH THROUGH AGE FIVE HAVE EQUAL ACCESS TO AFFORDABLE, COMPREHENSIVE, HIGH-QUALITY CARE AND EDUCATION TO SUPPORT THEIR HEALTHY DEVELOPMENT AND HELP THEM ACHIEVE THEIR FULL POTENTIAL IN SCHOOL AND LIFE. FFAF PLANS TO EXPAND FEDERAL SUPPORT FOR ALL EARLY LEARNING AND CARE OPPORTUNITIES FOR CHILDREN FROM BIRTH THROUGH AGE FIVE, FOCUSED FIRST ON SERVING THOSE CHILDREN MOST-AT-RISK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Rittling President | OfficerTrustee | 1 | $0 |
Diana Rauner Treasurer | OfficerTrustee | 1 | $0 |
Kelly King Dibble Director | Trustee | 1 | $0 |
Libby Doggett Director | Trustee | 1 | $0 |
Kevin Madden Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
S-3 Group Llc Government Relations Services | 6/29/23 | $300,000 |
Precision Strategies Llc Government Relations Services | 6/29/23 | $275,484 |
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 | $505,639 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $505,639 |
| 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 | $505,639 |
| 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. | $0 |
| 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 | $78,811 |
| Fees for services: Legal | $563 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $456,068 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $223,935 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $39 |
| 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 | $4,393 |
| Total functional expenses | $769,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,196,767 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $714,226 |
| 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 | $1,910,993 |
| Accounts payable and accrued expenses | $48,930 |
| 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 | $21,468 |
| Total liabilities | $70,398 |
| Net assets without donor restrictions | $1,126,377 |
| Net assets with donor restrictions | $714,218 |
| 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 | $1,910,993 |