Americans For Prosperity Foundation
- Assets
- $27.5m
- Revenue
- $18.8m
- Investments
- $0.0
- Employees
- 8
- Location
- Arlington, VA
- Founding
- 01/1988
- Data as of
- 12/2022
- EIN
- 52-1527294
Organization Overview
Americans For Prosperity Foundation is located in Arlington, VA. The organization was established in 1988. According to its NTEE Classification (V01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Social Science and related organizations. As of 12/2022, Americans For Prosperity Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Americans For Prosperity Foundation 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, Americans For Prosperity Foundation generated $18.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $8.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Americans For Prosperity Foundation has awarded 12 individual grants totaling $286,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE AMERICANS ON SOLUTIONS THAT EXPAND FREEDOM AND OPPORTUNITY TO UNLEASH PROSPERITY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE AMERICANS ON SOLUTIONS THAT EXPAND FREEDOM AND OPPORTUNITY, WITH A FOCUS ON ADDRESSING UNSUSTAINABLE GOVERNMENT SPENDING AND DEBT, REFORMING THE HEALTH CARE, IMMIGRATION, AND CRIMINAL JUSTICE SYSTEMS, PROTECTING CIVIL LIBERTIES, AND BUILDING AN ECONOMY WHERE EVERYONE HAS AN OPPORTUNITY TO FIND SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director & CEO | OfficerTrustee | 1 | $15,778 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Chairman | Trustee | 1 | $0 |
Name Not Listed Secretary | Officer | 1 | $0 |
Name Not Listed Treasurer | Officer | 1 | $0 |
Name Not Listed Senior Policy Counsel | 50 | $210,625 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quinn Emanuel Urquhart & Sullivan Llp Legal Services | 12/30/22 | $231,829 |
Stand Together Communications Media Services | 12/30/22 | $208,144 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $201,445 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,555,077 |
| Noncash contributions included in lines 1a–1f | $126,747 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,756,522 |
| Total Program Service Revenue | $0 |
| Investment income | $7,470 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,013 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,766,045 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,000 |
| 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. | $16,531 |
| Compensation of current officers, directors, key employees. | $2,078 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,102,280 |
| Pension plan accruals and contributions | $115,018 |
| Other employee benefits | $290,285 |
| Payroll taxes | $174,618 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $584,646 |
| 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 | $1,519,307 |
| Advertising and promotion | $112,260 |
| Office expenses | $122,686 |
| Information technology | $20,977 |
| Royalties | $0 |
| Occupancy | $124,118 |
| Travel | $830,124 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $540,735 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,004 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,087,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,932,894 |
| Savings and temporary cash investments | $6,731,427 |
| Pledges and grants receivable | $6,800,000 |
| Accounts receivable, net | $21,488 |
| 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 | $60,924 |
| 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 | $27,546,733 |
| Accounts payable and accrued expenses | $2,077,808 |
| 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 | $286,349 |
| Total liabilities | $2,364,157 |
| Net assets without donor restrictions | $17,467,988 |
| Net assets with donor restrictions | $7,714,588 |
| 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 | $27,546,733 |
Grants Awarded
Over the last fiscal year, Americans For Prosperity Foundation has awarded $67,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ABLE NETWORK INC PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
SECOND LOOK ALLIANCE PURPOSE: GENERAL OPERATING SUPPORT | $7,000 |
YOUNG VOICES PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |