Foundation To Restore Accountability
- Assets
- $12.7k
- Revenue
- $26.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 08/2015
- Data as of
- 12/2020
- EIN
- 47-4488132
Organization Overview
Foundation To Restore Accountability is located in Tulsa, OK. The organization was established in 2015. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation To Restore Accountability 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 12/2020, Foundation To Restore Accountability generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (36.1%) each year. All expenses for the organization totaled $416.9k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION PERFORMS ORIGINAL RESEARCH TO EXAMINE FEDERAL SPENDING AND PROGRAMS WITH AN EMPHASIS ON DOCUMENTING INEFFICIENCIES, PROGRAM OVERLAP, WASTE, FRAUD AND ABUSE AND THE TOTAL COST OF LONG TERM OBLIGATIONS OF THE FEDERAL GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORIGINAL CONTENT AND OUTREACH. THE PRIMARY TOOL FOR OUR ORGANIZATION'S EDUCATION ACTIVITIES IS THROUGH OUTREACH AND AUDIENCE ENGAGEMENT ON OUR WEBSITE AND SOCIAL MEDIA PLATFORMS. WITH THE FIRST YEAR OF OUR NEW SITE, WE PUBLISHED OVER 500 ORIGINAL ARTICLES WHILE MANAGING SOCIAL MEDIA ACCOUNTS WITH NEARLY 100,000 FOLLOWERS AND REACHING OVER 3 MILLION PEOPLE.
VIDEO PRODUCTION. TO BETTER ENGAGE OUR AUDIENCE, WE UTILIZED CARTOONS, PARODY, AND OTHER EDUCATIONAL VIDEOS. WE PRODUCED 100 VIDEOS THAT WERE VIEWED OVER 600,000 TIMES FROM POP CULTURE PARODIES TO EXPLAIN BUDGET DEBATES TO 90 SPOOFS EXPLAINING THE COMPLEX FINANCIAL CONCEPTS, TO ANIMATED EXPLAINERS ON NATIONAL DEBT AND UNFUNDED LIABILITIES. THESE VIEOS PROVIDE CLEAR AND ENGAGE IN CONTENT TO HELP FURTHER OUR MISSION.
WE RAN OUR THIRD ANNUAL SCHOLARSHIP COMPETITION AND AWARDED FOUR SCHOLARSHIPS TO COLLEGE STUDENTS. THE WINNERS OF THE ESSAY AND VIDEO COMPETITIONS WON $1,000 SCHOLARSHIPS WHILE THE RUNNERS-UP IN EACH CATEGORY WON $500 IN SCHOLARSHIP MONEY. THE VIDEO (MAXIMUM 5 MINUTES) OR ESSAY (MAXIMUM 2500 WORDS) WAS ON ONE OR A COMBINATION OF THE FOLLOWING TOPICS WITHIN OUR MISSION: 1) GENERATIONAL THEFT: HOW THE NATIONAL DEBT, UNFUNDED LIABILITIES, AND GENERATIONAL THEFT A?ECTS YOUNGER GENERATIONS; 2) GOVERNMENT ACCOUNTABILITY: THE IMPORTANCE OF TRANSPARENCY AND OVERSIGHT TO HOLD THE FEDERAL GOVERNMENT ACCOUNTABLE; 3) IMPORTANCE OF A WELL-INFORMED PUBLIC THROUGH OBJECTIVE INFORMATION: THE IMPORTANCE OF YOUNG AMERICANS ENGAGING IN AMERICAN POLITICS, UNDERSTANDING OUR HISTORY, CIVICS, AND FREE ENTERPRISE SYSTEM, AND THE VALUE OF A WELL-INFORMED PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Berky Executive Director | Officer | 40 | $107,570 |
Robert Boyd Treasurer | OfficerTrustee | 1 | $0 |
Brian Everett Treat President | OfficerTrustee | 3 | $0 |
Steve Largent Director | Trustee | 1 | $0 |
Mary Jo Jacobi Director | 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 | $25,485 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,485 |
| Total Program Service Revenue | $0 |
| Investment income | $1,410 |
| 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 | $26,895 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,526 |
| Grants and other assistance to domestic individuals. | $2,000 |
| 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 | $160,847 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,882 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $134 |
| Information technology | $592 |
| 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 | $0 |
| Total functional expenses | $416,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,713 |
| 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 | $12,713 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $328,827 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$316,114 |
| Total liabilities and net assets/fund balances | $12,713 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation To Restore Accountability has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ark-Tex Council Of Governments Texarkana, TX | $12,995,847 | $23,353,427 |
Barton County Elec Coop Inc Lamar, MO | $53,305,232 | $19,554,475 |
Hill Country Transit District San Saba, TX | $16,737,427 | $9,475,581 |
Cristo Rey Kansas City Kansas City, MO | $7,796,405 | $4,970,520 |
Ncsl Foundation For State Legislatures Denver, CO | $2,211,691 | $5,844,129 |
Winter Park Recreational Association Greenwood Village, CO | $18,475,736 | $4,398,386 |
Southeast Kansasworks Inc Emporia, KS | $271,427 | $2,525,875 |
Una Chapman Cox Foundation Corpus Christi, TX | $57,480,839 | $4,113,311 |
Mechanical Contractors Of Kansas City Overland Park, KS | $3,329,023 | $2,016,251 |
Otero County Landfill Inc Rocky Ford, CO | $6,422,037 | $1,966,806 |
Associated General Contractors Of America Inc Oklahoma City, OK | $865,701 | $896,105 |
Christian Compassion Center Inc Austin, TX | $17,837 | $878,600 |