American Democracy Institute Inc
- Assets
- $436.1k
- Revenue
- $650.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Falls Church, VA
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 20-2305292
Organization Overview
American Democracy Institute Inc, operating under the name Impact Center, is located in Falls Church, VA. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Impact Center employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Impact Center generated $650.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $657.4k during the year ending 12/2022. While expenses have increased by 21.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN DEMOCRACY INSTITUTE IS A NONPARTISAN 501(C)(3) ORGANIZATION DEDICATED TO ENGAGING, EDUCATING, AND EMPOWERING THE NEXT GENERATION OF AMERICAN LEADERS. OUR WORK SEEKS TO PREPARE TALENTED, HIGH-IMPACT INDIVIDUALS TO HAVE A GREATER SOCIETAL IMPACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMEN'S LEADERSHIP INSTITUTE: THE WOMEN'S LEADERSHIP INSTITUTE IS COMMITTED TO DEVELOPING AND SUPPORTING TRANSFORMATIONAL LEADERS TO HAVE A GREATER IMPACT ON SOCIETY. THE WOMEN'S EXECUTIVE LEADERSHIP PROGRAM PROVIDES CROSS-SECTOR PROGRAMMING THAT ENRICHES THE EXPERIENCES FOR EACH PARTICIPANT AND PROVIDES A CONTINUOUS COMMUNITY OF SUPPORT FOR PROBLEM SOLVING, NAVIGATING PROFESSIONAL AND CAREER DEVELOPMENT, AND LIFELONG LEARNING.
ORGANIZATIONAL LEADERSHIP INSTITUTE: THE ORGANIZATIONAL LEADERSHIP INSTITUTE IS COMMITTED TO DEVELOPING AND SUPPORTING TRANSFORMATIONAL LEADERSHIP TEAMS TO ENABLE THE ORGANIZATIONS TO HAVE A GREATER IMPACT ON SOCIETY. THE PROGRAM PROVIDES BOTH WHOLE TEAM DEVELOPMENT PROGRAMMING AND INDIVIDUAL TEAM MEMBER COACHING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Sack Chair Of Board | Trustee | 1 | $0 |
Jan Gilbert Member | Trustee | 1 | $0 |
Sharmila Anandasapathy Member | Trustee | 1 | $0 |
Keosha Varela Member | Trustee | 1 | $0 |
Kathy Laurini Member | Trustee | 1 | $0 |
John Hart Founder & CEO | Officer | 40 | $225,000 |
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 | $350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $350 |
| Total Program Service Revenue | $649,785 |
| Investment income | $41 |
| 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 | $650,228 |
| 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. | $225,000 |
| Compensation of current officers, directors, key employees. | $33,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,935 |
| Pension plan accruals and contributions | $10,083 |
| Other employee benefits | $17,422 |
| Payroll taxes | $23,476 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $66,689 |
| Advertising and promotion | $252 |
| Office expenses | $8,437 |
| Information technology | $0 |
| 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 | -$14,023 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,102 |
| All other expenses | $0 |
| Total functional expenses | $657,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,277 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $135,903 |
| 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 | $948 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $436,128 |
| Accounts payable and accrued expenses | $14,627 |
| 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 | $14,627 |
| Net assets without donor restrictions | $421,501 |
| 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 | $436,128 |