Nakasec Action Fund
- Assets
- $70.1k
- Revenue
- $221.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Centreville, VA
- Founding
- Data as of
- 06/2021
- EIN
- 87-0752611
Organization Overview
Nakasec Action Fund is located in Centreville, VA. According to its NTEE Classification (R40) the organization is classified as: Voter Education & Registration, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nakasec 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 06/2021, Nakasec Action Fund generated $221.2k in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL WELFARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NAKASEC ACTION FUND ELECTORAL PROGRAM GOALS FOCUSED ON DEVELOPING AND EXECUTING A VOTER ENGAGEMENT PROGRAM THAT REACHED OUT TO 23,000 ASIAN VOTERS IN A CULTURALLY AND LINGUISTICALLY COMPETENT MANNER OVER A FIVE-WEEK PERIOD FOCUSED ON THE GENERAL ELECTION IN PENNSYLVANIA. THE ORGANIZATION TARGETED A UNIVERSE OF 5,788 KOREAN AMERICAN VOTERS STATEWIDE AND 17,225 YOUNG ASIAN AMERICANS 18-35 YEARS OLD. ADDITIONALLY, IN VIRGINIA, NAKASEC ACTION FUND MADE 4,293 VOTER OUTREACH ATTEMPTS TO 3,232 UNIQUE VOTERS. VOTER OUTREACH ATTEMPTS INCLUDE CALLS, TEXTS, LIT DROPS, AND MAIL. NAKASEC ACTION FUND SUCCESSFULLY CONTACTED 93 VOTERS, 50 OF WHICH WERE CANVASSED, REPRESENTING A 6.3% CONTACT RATE AND 3.4% CANVASSED RATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Belcore Chief Operating Officer | OfficerTrustee | 1 | $7,605 |
Nancy Wu Finance And Operations Director | Officer | 1 | $3,833 |
Shuya Ohno Secretary | Trustee | 1 | $0 |
Luisa Blue President | Trustee | 1 | $0 |
Kent Chaegu Lee Treasurer | Trustee | 1 | $0 |
Courtni Pugh 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 | $221,249 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,249 |
| 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 | $221,249 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,749 |
| 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. | $11,438 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,289 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,631 |
| 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 | $4,115 |
| Advertising and promotion | $13,830 |
| Office expenses | $4,095 |
| Information technology | $6,239 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,162 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,164 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $211,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,070 |
| 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 | $70,070 |
| Accounts payable and accrued expenses | $8,876 |
| 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 | $8,876 |
| Net assets without donor restrictions | $61,194 |
| 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 | $70,070 |
Grants Awarded
Over the last fiscal year, Nakasec Action Fund has awarded $104,999 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: IMMIGRANT RIGHTS | $55,000 |
ASIAN PACIFIC ISLANDER POLITICAL ALLIANCE PURPOSE: CIVIC PARTICIPATION | $49,999 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Nakasec Action Fund has recieved totaling $684,250.
| Awarding Organization | Amount |
|---|---|
Neo Philanthropy Action Fund Inc New York, NY PURPOSE: Program Grant | $220,000 |
Sixteen Thirty Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $180,000 |
Guarding Against Pandemics Washington, DC PURPOSE: GENERAL SUPPORT | $125,000 |
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $60,000 |
All Hands On Deck Network Inc Northampton, MA PURPOSE: PRIMARY PURPOSE | $41,500 |
All Hands On Deck Network Inc Northampton, MA PURPOSE: PRIMARY PURPOSE | $41,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Majority Forward Washington, DC | $0 | $76,141,831 |
Center For Election Innovation & Research Washington, DC | $28,940,276 | $56,887,378 |
State Voices Washington, DC | $32,318,312 | $24,090,383 |
The Voter Participation Center Washington, DC | $12,945,597 | $10,906,666 |
Priorities Usa Washington, DC | $5,947,758 | $14,237,293 |
Alliance For Youth Organizing Washington, DC | $12,932,040 | $8,998,688 |
League Of Women Voters Of The United States Washington, DC | $9,735,130 | $8,464,065 |
Americans United For Separation Of Church And State Inc Washington, DC | $23,342,490 | $14,241,073 |
Accountable Us Washington, DC | $5,315,139 | $8,894,182 |
League Of Women Voters Education Fund Washington, DC | $12,664,352 | $7,936,541 |
Young Invincibles Washington, DC | $7,264,869 | $9,448,483 |
Collective Education Fund Washington, DC | $367,294 | $5,397,958 |