Proposition One Committee
- Assets
- $341.7k
- Revenue
- $407.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Tryon, NC
- Founding
- 06/1992
- Data as of
- 12/2023
- EIN
- 52-1710171
Organization Overview
Proposition One Committee is located in Tryon, NC. The organization was established in 1992. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Proposition One Committee 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND MOTIVATION: MAINTAIN WEBSITES AND EMAIL LISTS TO PROVIDE DAILY UPDATES ON PROGRESS TOWARD THE GOALS OF THE PROPOSITION ONE CAMPAIGN TO ABOLISH NUCLEAR WEAPONS AND WAR WORLDWIDE. TRAVEL TO VARIOUS VENUES TO SHARE INFORMATION WITH LIKE-MINDED GROUPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAVELED TO COSTA RICA TO MEET WITH PEACE AND JUSTICE ACTIVISTS; TO OCONEE NUCLEAR POWER STATION TO MEET WITH AND FILM PEOPLE CONCERNED ABOUT THE SAAFETY OF THE JOCASSEE DAM UPSTREAM; TO JOHNSON CITY, TN TO ATTEND HEARINGS ABOUT NUCLEAR FUEL SERVICES SAFETY.
MAINTAINED MULTIPLE WEBSITES AND SOCIAL MEDIA PLATFORMS FOR THE PURPOSE OF EDUCATING THE PUBLIC; CONDUCTED EDUCATIONAL ZOOM EVENTS FOR WOOMENS INTERNATIONAL LEAGUE FOR PEACE & FREEDOM, US SECTION.
DONATIONS TO CODE PINK, WHITE HOUSE ANTINUCLEAR VIGIL, NUCLEAR RESISTER, FRIENDS OF THE LIBRARY AND WOMENS INTERNATIONAL LEAGUE FOR PEACE & FREEDOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy C Kovacs Director | Trustee | 20 | $0 |
Catherine A Walters Director | Trustee | 0 | $0 |
William C Wardlaw President | OfficerTrustee | 0 | $0 |
Ellen Thomas Treasurer | OfficerTrustee | 50 | $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 | $3,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
| Total Program Service Revenue | $0 |
| Investment income | $8,198 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $396,124 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $407,322 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $417 |
| 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 | $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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $461 |
| Information technology | $1,219 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,591 |
| 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 | $62 |
| Total functional expenses | $4,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,353 |
| Savings and temporary cash investments | $314,803 |
| 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 | $24,578 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $341,734 |
| 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 | $100,850 |
| Secured mortgages and notes payable | $15,320 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $116,170 |
| Net assets without donor restrictions | $0 |
| 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 | $225,564 |
| Total liabilities and net assets/fund balances | $341,734 |