Senate Opportunity Fund
- Assets
- $1.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Cheyenne, WY
- Founding
- Data as of
- 12/2022
- EIN
- 85-3182020
Organization Overview
Senate Opportunity Fund is located in Cheyenne, WY. Senate Opportunity Fund 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 12/2022, Senate Opportunity Fund generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. 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
ADVANCE CONSERVATIVE SOLUTIONS THROUGH RESEARCH AND COMMUNICATION ON PUBLIC POLICY ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SENATE OPPORTUNITY FUND PROVIDES COMMUNICATION AND OUTREACHADVANCE CONSERVATIVE SOLUTIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Snil Loc Director | 0 | $50,000 | |
Robert Collins Executive Dir. | OfficerTrustee | 5 | $0 |
Joe Milczewski President | OfficerTrustee | 5 | $0 |
Bill Cubin Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Larrison Group Llc Consulting | 12/30/22 | $237,173 |
Onmessage Inc Polling | 12/30/22 | $249,174 |
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 | $1,075,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,075,000 |
| 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 | $1,075,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,000 |
| 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. | $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 | $55,220 |
| Fees for services: Accounting | $6,571 |
| Fees for services: Lobbying | $100,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $590,947 |
| Advertising and promotion | $10,000 |
| Office expenses | $1,304 |
| Information technology | $1,650 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $78 |
| 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 | $1,019,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,006,589 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $250,000 |
| 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 | $1,256,589 |
| Accounts payable and accrued expenses | $33,000 |
| 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 | $33,000 |
| 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 | $1,223,589 |
| Total liabilities and net assets/fund balances | $1,256,589 |
Grants Awarded
Over the last fiscal year, Senate Opportunity Fund has awarded $250,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN POLICY FUND | | | $25,000 |
EVERGREEN PRINCIPLES PAC | | | $25,000 |
NATIONAL VICTORY ACTION FUND | | | $125,000 |
SAVING ARIZONA PAC | | | $50,000 |
THE SENTINEL ACTION FUND | | | $25,000 |