Final-Five Fund Inc
- Assets
- $1.1m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2022
- EIN
- 87-3765459
Organization Overview
Final-Five Fund Inc is located in Chicago, IL. Final-Five Fund Inc 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE GENERAL WELFARE OF THE U.S. CITIZENS AND REINVIGORATE DEMOCRACY IN AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FURTHER THE COMMON GOOD AND GENERAL WELFARE OF THE CITIZENS OF THE UNITED STATES BY ENGAGING IN ACTIVITIES THAT ADVANCE AND STRENGTHEN OUR DEMOCRACY, INCLUDING SUPPORTING CAMPAIGNS TO BUILD AWARENESS FOR AND IMPLEMENT FINAL FIVE VOTING IN NEVADA, WISCONSIN, MASSACHUSETTS, AND NEW YORK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Gehl President | OfficerTrustee | 15 | $0 |
Mindy Finn Thru 71422 Secretary | OfficerTrustee | 1 | $0 |
Austin Ramirez Secretary | OfficerTrustee | 1 | $0 |
John Sobrato Director | Trustee | 2 | $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 | $11,959,900 |
| Noncash contributions included in lines 1a–1f | $3,380,744 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,959,900 |
| Total Program Service Revenue | $0 |
| Investment income | $5,673 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,913 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,011,486 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,566,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,500 |
| Pension plan accruals and contributions | $1,551 |
| Other employee benefits | $2,056 |
| Payroll taxes | $4,942 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $39,684 |
| Fees for services: Accounting | $23,761 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $167,392 |
| Advertising and promotion | $0 |
| Office expenses | $585 |
| Information technology | $18,741 |
| Royalties | $0 |
| Occupancy | $13,353 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,212 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,627 |
| All other expenses | $0 |
| Total functional expenses | $13,986,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,058 |
| 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 | $1,093,884 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,141,942 |
| Accounts payable and accrued expenses | $114,003 |
| 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 | $3,000,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,761 |
| Total liabilities | $3,116,764 |
| Net assets without donor restrictions | -$1,974,822 |
| 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 | $1,141,942 |
Grants Awarded
Over the last fiscal year, Final-Five Fund Inc has awarded $13,566,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NEW YORKERS FOR COMPETITIVE ELECTIONS PURPOSE: NYCE MAY ONLY USE THE GRANT MONEY EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE, WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF 1986. NYCE SHALL USE THE GRANT MONEY ONLY FOR THE CAMPAIGN THAT IS CALLED "FINAL FIVE VOTING NYC AND ADVANCES FINAL FIVE VOTING FOR THE NEW YORK CITY MAYORAL RACE ONLY. SPECIFICALLY, UNLESS OTHERWISE AGREED TO IN WRITING BY THE PARTIES, NYCE SHALL USE THE GRANT MONEY TO PAY FOR THE FOLLOWING AS THEY RELATE TO THE AFOREMENTIONED CAMPAIGN:TREASURER / ACCOUNTING SERVICES; A COALITION-BUILDING CONSULTANT; AND, FUNDRAISING AND LEADERSHIP RAISING EVENTS AND MEETINGS. | $42,500 |
FIX THE SYSTEM WISCONSIN INC - DEMOCRACY FOUND ACTION PURPOSE: EXCLUSIVELY FOR THE PURPOSE OF SUPPORTING DEMOCRACY FOUND ACTION'S FINAL FIVE VOTING MESSAGING, EDUCATION AND RELATIONSHIP-BUILDING CAMPAIGN. | $75,000 |
NEVADA VOTERS FIRST PURPOSE: STAFFING, OPERATIONS, AND RESEARCH COSTS. | $13,089,000 |
PARTNERS IN DEMOCRACY INC PURPOSE: GENERAL OPERATING SUPPORT. | $10,000 |
IPI ACTION FUND INC PURPOSE: GENERAL OPERATING SUPPORT | $350,000 |