Club For Growth
- Assets
- $14.1m
- Revenue
- $17.1m
- Investments
- $0.0
- Employees
- 30
- Location
- Washington, DC
- Founding
- 06/2006
- Data as of
- 06/2022
- EIN
- 20-4681603
Organization Overview
Club For Growth is located in Washington, DC. The organization was established in 2006. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Club For Growth employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Club For Growth 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 06/2022, Club For Growth generated $17.1m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $16.4m during the year ending 06/2022. While expenses have increased by 8.3% per year over the past 3 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
CLUB FOR GROWTH IS A NATIONWIDE NONPROFIT MEMBERSHIP ORGANIZATION DEDICATED TO PROMOTING PUBLIC POLICIES THAT PROMOTE ECONOMIC GROWTH PRIMARILY THROUGH LEGISLATIVE INVOLVEMENT, ISSUE ADVOCACY, RESEARCH, AND MAY ENGAGE IN ANY OTHER LAWFUL PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGISLATIVE INVOLVEMENT AND POLICY ADVOCACY - THE ORGANIZATION MONITORS LEGISLATION THAT CAN HELP OR HARM ECONOMIC GROWTH, AND URGES ITS ADOPTION OR REJECTION BY THE U.S. CONGRESS AND THE PRESIDENT. IN ADDITION TO ITS PUBLIC EDUCATION EFFORTS, SUCH ACTIONS FOR LEGISLATIVE INVOLVEMENT AND POLICY ADVOCACY INCLUDED KEY VOTE ALERTS AND PRESS RELEASES.
PUBLIC EDUCATION AND RESEARCH - THE ORGANIZATION CONDUCTS A PROGRAM OF PUBLIC EDUCATION THROUGH SPEECHES, ARTICLES, AND TV AND RADIO NEWS INTERVIEWS TO EDUCATE CITIZENS ON THE BENEFITS OF PRO-GROWTH POLICIES AND THE WORK OF THE ORGANIZATION. STAFF MEMBERS WROTE ARTICLES RELATED TO ECONOMIC GROWTH THAT APPEARED IN LEADING NEWSPAPERS AND NEWS OUTLETS. STAFF MEMBERS APPEARED ON MANY NATIONALLY-DISTRIBUTED TV AND RADIO NEWS PROGRAMS AND DOZENS OF LOCAL RADIO PROGRAMS AND WERE QUOTED IN NUMEROUS NEWSPAPERS AND ONLINE NEWS SITES.
PUBLICATIONS - THE ORGANIZATION PUBLISHES INFORMATION IN PRINT AND ON THE INTERNET TO EDUCATE ON ECONOMIC ISSUES AND TO MOTIVATE PEOPLE TO ACT IN SUPPORT OF PRO-ECONOMIC GROWTH POLICIES. IT PUBLISHES SEVERAL MEMBERSHIP NEWSLETTERS, DISTRIBUTES WEEKLY EMAILS, AS WELL AS INFORMATION ON FACEBOOK AND TWITTER, AND POSTED HUNDREDS OF TIMES USING THESE MEDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frayda Levy Director | Trustee | 1 | $0 |
Howard Rich Director | Trustee | 1 | $0 |
Terry Considine Director | Trustee | 1 | $0 |
Ken Blackwell Director | Trustee | 1 | $0 |
Marilyn Tenzer Director | Trustee | 1 | $0 |
Richard Gaby Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wpai Polling/analysis | 6/29/22 | $1,523,544 |
Medium Buying Tv Ad Placement | 6/29/22 | $513,535 |
Cold Spark Media Digital Ad Placement | 6/29/22 | $342,650 |
Right Solutions Partners Llc Development Consulting | 6/29/22 | $510,875 |
The Lukens Company Mail Production | 6/29/22 | $332,161 |
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 | $16,604,801 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,604,801 |
| Total Program Service Revenue | $0 |
| Investment income | $6,745 |
| 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 | $17,096,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $719,054 |
| 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. | $1,617,620 |
| Compensation of current officers, directors, key employees. | $515,580 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,623,850 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $212,435 |
| Payroll taxes | $213,910 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $542,177 |
| Fees for services: Accounting | $32,177 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,027,367 |
| Advertising and promotion | $2,911,613 |
| Office expenses | $205,339 |
| Information technology | $267,351 |
| Royalties | $0 |
| Occupancy | $280,975 |
| Travel | $207,437 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $652,713 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,294 |
| Insurance | $41,157 |
| All other expenses | $0 |
| Total functional expenses | $16,375,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,064,281 |
| Savings and temporary cash investments | $12,731,236 |
| 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 | $201,473 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $74,878 |
| Total assets | $14,071,868 |
| Accounts payable and accrued expenses | $86 |
| 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 | $424,757 |
| Total liabilities | $424,843 |
| Net assets without donor restrictions | $13,647,025 |
| 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 | $14,071,868 |
Grants Awarded
Over the last fiscal year, Club For Growth has awarded $719,054 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CLUB FOR GROWTH FOUNDATION PURPOSE: GENERAL SUPPORT | $399,054 |
ARIZONA'S BEST PURPOSE: 527 EXEMPT ACTIVITIES | $250,000 |
AMERICAN CONSERVATIVE UNION FOUNDATION PURPOSE: GENERAL SUPPORT | $45,000 |
THE FEDERALIST SOCIETY PURPOSE: GENERAL SUPPORT | $15,000 |
NATIONAL TAX LIMITATION COALITION PURPOSE: GENERAL SUPPORT | $10,000 |