Citizens For Sound Money
- Assets
- $292.0k
- Revenue
- $326.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Concord, NH
- Founding
- Data as of
- 12/2023
- EIN
- 86-2629578
Organization Overview
Citizens For Sound Money is located in Concord, NH. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2023, Citizens For Sound Money employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citizens For Sound Money 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 12/2023, Citizens For Sound Money generated $326.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.1%) each year. All expenses for the organization totaled $354.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE USE OF SOUND MONEY AND PROTECT PEOPLES RIGHT TO DO SO THROUGH OUTREACH EDUCATION AND LOBBYING LOCAL AND NATIONAL LEADERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE USE OF SOUND MONEY AND PROTECT PEOPLE'S RIGHT TO DO SO THROUGH OUTREACH, EDUCATION AND LOBBYING LOCAL AND NATIONAL LEADERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Forsythe Chairperson | 40 | $30,213 | |
Rhyno Coetsee Treasurer | Officer | 5 | $0 |
Jon Lubert Member At Large | Trustee | 5 | $0 |
Daniel Diaz Executive Director F | Officer | 38 | $27,446 |
John Slawson Member At Large | Trustee | $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 | $42,589 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,589 |
| Total Program Service Revenue | $128,997 |
| Investment income | $151,239 |
| 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 | $3,348 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $326,173 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $27,446 |
| Compensation of current officers, directors, key employees. | $2,745 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,683 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,074 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,760 |
| Fees for services: Accounting | $5,881 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $33 |
| Fees for services: Investment Management | $1,478 |
| Fees for services: Other | $59,259 |
| Advertising and promotion | -$1,875 |
| Office expenses | $5,553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,833 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $354,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,694 |
| 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 | $10,400 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $229,895 |
| Intangible assets | $0 |
| Other assets | $50,000 |
| Total assets | $291,989 |
| 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 | $620 |
| Total liabilities | $620 |
| Net assets without donor restrictions | $291,369 |
| 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 | $291,989 |