American Edge is located in Vienna, VA. American Edge 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 10/2023, American Edge generated $31.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.1% each year . All expenses for the organization totaled $30.4m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, American Edge has awarded 45 individual grants totaling $798,500. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FURTHER THE COMMON GOOD AND GENERAL WELFARE OF U.S. CITIZENS BY ENGAGING IN EDUCATION AND ADVOCACY EFFORTS TO PROMOTE THE BENEFITS OF AMERICAN TECHNOLOGY
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURTHERING THE COMMON GOOD AND GENERAL WELFARE OF U.S. CITIZENS BY ENGAGING IN EDUCATION AND ADVOCACY EFFORTS TO PROMOTE THE BENEFITS OF AMERICAN TECHNOLOGY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas Kelly CEO | Officer | 40 | $280,500 |
Brad Smith Director/president | OfficerTrustee | 3 | $55,000 |
Christopher Carney Director/secretary | OfficerTrustee | 3 | $55,000 |
Susana Martinez Director | Trustee | 3 | $55,000 |
Amy Gilbert Treasurer | Officer | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cavalry Llc Strat/comm/media | 10/30/23 | $9,081,841 |
Global Strategy Group Llc Strat/surveys/media | 10/30/23 | $6,346,692 |
Fp1 Strategies Llc Strat/mgmt/res/media | 10/30/23 | $24,237,217 |
Rational 360 Field Programs | 10/30/23 | $3,355,000 |
Beacon Global Strategies Llc Global Strategic Svc | 10/30/23 | $640,000 |
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 | $31,904,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $31,904,000 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $31,904,000 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $313,500 |
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. | $485,474 |
Compensation of current officers, directors, key employees. | $30,547 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $14,193 |
Fees for services: Management | $240,000 |
Fees for services: Legal | $263,029 |
Fees for services: Accounting | $256,712 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $28,760,071 |
Advertising and promotion | $0 |
Office expenses | $19,161 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,756 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,098 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $47,841 |
All other expenses | $0 |
Total functional expenses | $30,413,835 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,369,708 |
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 | $1,638,014 |
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 | $16,007,722 |
Accounts payable and accrued expenses | $227,385 |
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 | $7,137 |
Total liabilities | $234,522 |
Net assets without donor restrictions | $15,773,200 |
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 | $16,007,722 |
Over the last fiscal year, American Edge has awarded $313,500 in support to 18 organizations.
Grant Recipient | Amount |
---|---|
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL PURPOSE: GENERAL SUPPORT | $15,000 |
TRADE ALLIANCE TO PROMOTE PROSPERITY PURPOSE: GENERAL SUPPORT | $10,000 |
CENTER OF INNOVATION & FREE ENTERPRISE PURPOSE: GENERAL SUPPORT | $10,000 |
HISPANIC HERITAGE FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
MARKET INSTITUTE PURPOSE: GENERAL SUPPORT | $7,500 |
SER JOBS FOR PROGRESS NATIONAL PURPOSE: GENERAL SUPPORT | $10,000 |