Civic Intelligence

Nrdc Action Fund Inc

990 • Fiscal year 2019 • EIN 13-3976062

Jul 01, 2018 to Jun 30, 2019 • Filed on May 18, 2020

40 West 20th StreetNew York, NY 10011

(212) 727-2700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.10x

Higher debt load relative to assets than 41% of similar nonprofits.

2019 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

27th percentile

0.06x

Higher debt load relative to revenue than 27% of similar nonprofits.

2019 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2019

Net Margin

83rd percentile

49%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$566,996

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2019 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2019

Asset Growth

97th percentile

375%

Faster asset growth than 97% of similar nonprofits.

2019 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

200%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$9,719,489

Up $7,674,048 (+375%) from 2018

Net Assets

Up

$8,776,020

Up $7,464,774 (+569%) from 2018

Liabilities

Up

$943,469

Up $209,274 (+29%) from 2018

Revenue

Up

$15,172,296

Up $10,115,601 (+200%) from 2018

Expenses

Up

$7,707,522

Up $1,869,191 (+32%) from 2018

Net Income

Up

$7,464,774

Up $8,246,410 (+1055%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $2,949,311Liabilities 2010: $503,577Net Assets 2010: $2,445,7342010Assets 2011: $1,694,463Liabilities 2011: $300,940Net Assets 2011: $1,393,5232011Assets 2012: $2,955,590Liabilities 2012: $278,746Net Assets 2012: $2,676,8442012Assets 2013: $1,475,750Liabilities 2013: $348,446Net Assets 2013: $1,127,3042013Assets 2014: $1,641,382Liabilities 2014: $418,841Net Assets 2014: $1,222,5412014Assets 2015: $3,581,522Liabilities 2015: $516,098Net Assets 2015: $3,065,4242015Assets 2016: $2,957,555Liabilities 2016: $226,725Net Assets 2016: $2,730,8302016Assets 2017: $2,926,917Liabilities 2017: $764,788Net Assets 2017: $2,162,1292017Assets 2018: $2,045,441Liabilities 2018: $734,195Net Assets 2018: $1,311,2462018Assets 2019: $9,719,489Liabilities 2019: $943,469Net Assets 2019: $8,776,0202019Assets 2020: $14,372,016Liabilities 2020: $4,579,857Net Assets 2020: $9,792,1592020Assets 2021: $18,771,238Liabilities 2021: $2,737,609Net Assets 2021: $16,033,6292021Assets 2022: $14,034,850Liabilities 2022: $898,608Net Assets 2022: $13,136,2422022Assets 2023: $16,966,028Liabilities 2023: $1,544,914Net Assets 2023: $15,421,1142023Assets 2024: $17,342,029Liabilities 2024: $570,964Net Assets 2024: $16,771,0652024

Highlighted filing

2019

Assets$9,719,489
Liabilities$943,469
Net Assets$8,776,020

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $3,928,1422010Revenue 2011: $2,302,865Expenses 2011: $3,355,076Net Income 2011: -$1,052,2112011Expenses 2012: $1,340,0422012Expenses 2013: $3,277,1062013Revenue 2014: $1,553,303Expenses 2014: $1,458,066Net Income 2014: $95,2372014Revenue 2015: $3,874,936Expenses 2015: $2,013,299Net Income 2015: $1,861,6372015Revenue 2016: $2,887,816Expenses 2016: $3,238,029Net Income 2016: -$350,2132016Revenue 2017: $4,891,902Expenses 2017: $5,464,098Net Income 2017: -$572,1962017Revenue 2018: $5,056,695Expenses 2018: $5,838,331Net Income 2018: -$781,6362018Revenue 2019: $15,172,296Expenses 2019: $7,707,522Net Income 2019: $7,464,7742019Revenue 2020: $14,236,619Expenses 2020: $13,227,970Net Income 2020: $1,008,6492020Revenue 2021: $21,511,687Expenses 2021: $15,270,217Net Income 2021: $6,241,4702021Revenue 2022: $15,532,584Expenses 2022: $18,429,971Net Income 2022: -$2,897,3872022Revenue 2023: $18,315,373Expenses 2023: $16,030,501Net Income 2023: $2,284,8722023Revenue 2024: $15,307,998Expenses 2024: $13,958,047Net Income 2024: $1,349,9512024

Highlighted filing

2019

Revenue$15,172,296
Expenses$7,707,522
Net Income$7,464,774
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 18, 2020
Return Version
2018v3.3
Gross Receipts
$15,172,296
Mission and Program Overview

Mission

The nrdc action fund's mission is to achieve the passage of legislation that reduces carbon pollution, and sustains vibrant communities for all americans. Now is the time for leadership and action from our elected officials; our current goal is a comprehensive clear energy policy that will improve our economy and fuel our future.

The NRDC action fund's mission is to build political support for advancing the goals of the Natural Resources Defense Council.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$8,379,540▲ $8,379,540
Cash and Non-Interest-Bearing Accounts$1,936,700$785,674▼ $1,151,026
Pledges and Grants Receivable$108,741$554,275▲ $445,534
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,045,441$9,719,489▲ $7,674,048
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$626,706$604,491▼ $22,215
Other Liabilities$107,489$338,978▲ $231,489
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$734,195$943,469▲ $209,274
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,311,246$8,776,020▲ $7,464,774
Permanently Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,311,246$8,776,020▲ $7,464,774
Total Liabilities and Net Assets / Fund Balance$2,045,441$9,719,489▲ $7,674,048
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Emily GrayDirector of Dev. Action FundFT$142,559$142,559
Denis DisonCommunications DirectorFT$136,190$136,190
Frances Beineckedirector-$33,973$33,973

Board Members and Trustees

NameTitle
Patricia BaumanChair/Director
Rhea SuhPresident
Anne BartleyDirector
Christopher ArndtDirector
Daniel R TishmanDirector
Eric WepsicDirector
Hamilton CandeeDirector
Ira ZieringDirector
Jill SofferDirector
Joann KaplanDirector
John H AdamsDirector
Kathleen WelchDirector
Richard E AyresDirector
Sigmund AndermanDirector
Vernice Miller-TravisDirector
Edward James OlmosDirector (thru 03/2019)
Michael FinneganDirector (thru 03/2019)
Bob EpsteinDirector (thru 07/2018)
Wendy AbramsDirector (thru 12/2018)
Kevin CurtisExecutive Director
Jennifer ReynosoAsst. Secretary (thru 03/2019)
Krista McmanusAsst. Secretary(as of 03/2019)
amanda NgAsst. Secretary(as of 03/2019)
Steven BaginskiCFO/Treas(thru 03/19)/fin adv
Veronica FooCFO/treasurer (as of 03/2019)
Andrew JacksonChief Administrative Officer
Mitchell Bernardformer COO
Maripat AlpucheSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Blueprint InteractiveAdvertising1730 Rhode Island Ave NW Suite 10, Washington, DC 20036$733,399
M R Strategic Services Incadvertising1901 L Street NW Suite 800, Washington, DC 20036$546,534
princeton South - Digital dogmailing services200 ludlow Dr bldg E, Ewing, NJ 08638$387,571
facebook inclobbying/consulting15161 Collections Center Drive, Chicago, IL 60693$380,543
Civis Analytics INClobbying/consulting200 WEST MONROE ST SUITE 2200, Chicago, IL 60606$195,030
Revenue and Support

Revenue Composition

Contributions and Grants
$15,102,096
Program Service Revenue
$0
Investment Income
$70,200
Other Revenue
$0
All Other Contributions
$12,266,146
Change in Net Assets
$7,464,774

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$28,706Fair Market Value (FMV)
Total Noncash Contributions4$28,706-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,156,902
Total Fundraising Expense$2,127,086
Salaries, Compensation, and Employee Benefits$1,861,620
Grants and Similar Amounts Paid$689,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$787,172$3,583$1,086,333$1,877,088
Other Salaries and Wages$882,530$124,323$194,814$1,201,667
Fees for Services Other$723,709$22,388$354,846$1,100,943
Fees for Services Lobbying$831,106-$184,767$1,015,873
Grants to Domestic Orgs$689,000--$689,000
Other Employee Benefits$284,375$39,351$57,743$381,469
Occupancy$291,320$36,827$47,782$375,929
Current Officers, Directors, Trustees, and Key Employees$243,775$32,662$2,047$278,484
Office Expenses$40,662$36,229$150,098$226,989
Information Technology$158,798-$3,795$162,593
Travel$51,158$19,925$37,363$108,446
Conferences and Meetings$21,148$175$7,144$28,467
Other Expenses$36,785$23,893$354$23,893
All Other Expenses$9,319$13,237-$22,556
Fees for Services Legal-$18,612-$18,612
Total Functional Expenses$5,207,656$372,780$2,127,086$7,707,522
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
League of Conservation Voters IncWashington, DC501(c)(4)Env. Advocacy$212,500
nATURAL rESOURCES dEFENSE cOUNCILNew York, NY501(c)(3)Env. Advocacy$125,000
Edf ActionNew York, NY501(c)(4)Env. Advocacy$90,000
Alaska Wilderness ActionWashington, DC501(c)(4)Env. Advocacy$70,000
Clean Air Clean Energy WashingtonSeattle, WAGovernmentEnv. Advocacy$40,000
Environment AmericaWashington, DC501(c)(4)Env. Advocacy$30,000
Conservation Voters of PennsylvaniaPhiladelphia, PA501(c)(4)Env. Advocacy$26,500
Logic ActionErie, CO501(c)(4)Env. Advocacy$15,000
National Religious PartnershipWashington, DC501(c)(3)Env. Advocacy$15,000
Ohio Citizen ActionClevland, OH501(c)(4)Env. Advocacy$15,000
Progressnow Colorado EducationDenver, CO501(c)(3)Env. Advocacy$15,000
Renew Oregon Action FundPortland, OR501(c)(4)Env. Advocacy$15,000
Vet Voice Foundation IncWashington, DC501(c)(3)Env. Advocacy$10,000
iLLINOIS eNVIRONMENT coUNCILSpringfield, IL501(c)(4)Env. Advocacy$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$2,183,617
Section 527 Activity Spending$2,183,617
Total Exempt Function Spending$2,183,617
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$338,978
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI - Governing Body And Management

Form 990, Part VI, Line 2 Board of Directors Members, Bob Epstein and Patricia Bauman, have a business relationship. Board of Directors members Kathleen Welch and Dan Tishman have a business relationship. Form 990, Part VI, Line 6 NRDC Action Fund's sole institutional member is its parent organization, Natural Resources Defense Council, Inc ("NRDC"). Form 990, Part VI, Line 7a The sole institutional member, NRDC, has the sole authority to appoint NRDC Action Fund's Board of Directors on an annual basis. This power is reserved to NRDC in NRDC Action Fund's organizational documents.

Policies, Part VI - Governance

990 review process form 990, Part VI, Section B, Line 11 NRDC Action Fund's Form 990 is prepared by a nationally recognized accounting firm in conjunction with the organization's senior management and financial team. Upon completion, NRDCs external accounting firm presents the Form 990 to the finance and Audit Committee of the Board of Directors to enable them to fulfill their due diligence and oversight responsibilities. A copy of the final Form 990 is shared with the full board of directors prior to its electronic filing with the Internal Revenue Service. Conflict of interest policy monitoring & Enforcement Form 990, part VI, Section B, LINE 12 Each officer, director, and key employee is required to annually disclose any conflicts of interest that arise by virtue of their relationship to the organization, board service, or position with either NRDC Action Fund or NRDC. NRDC Action Fund monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately. Process to determine compensation Form 990, Part VI, Section B, LINE 15 NRDC Action Fund does not directly compensate any officers, directors and/or employees. All compensation is paid by the parent organization, Natural Resources Defense Council, and is reimbursed by NRDC Action Fund to NRDC. The processes used for determining compensation as paid by the parent entity are described on that organization's Form 990.

Filing and Contact Details

Filer

Filer Name
NRDC Action Fund Inc
EIN
13-3976062
In Care Of
% VERONICA FOO CFO
Phone
2127272700
Address
40 WEST 20TH STREET, NEW YORK, NY 10011

Signing Officer

Name
Veronica Foo
Title
CFO
Phone
2127272700
Signed
2020-05-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
gina mccarthy president ceo
Formed
1996
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Grant Thornton Llp
Address
757 THIRD AVENUE 3RD FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Additional Explanations

availability of documents

FORM 990, PART VI, SECTION C, LINE 19 NRDC Action Fund makes its Form 990 available to the public by retaining a copy at its place of business. The Action Fund also makes the 990 available on the Action Fund website at www.nrdcactionfund.org (and on www.guidestar.org). The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.

form 990, part XII, line 2C

THe NRDC Action Fund does not receive standalone financial statements; for audit purposes its operations are consolidated with an affiliated organization, the Natural Resources Defense Council, Inc.

Form 990 Part IX Line 11G

Description:strategic planning total fees:550967

Form 990 Part IX Line 11G

Description:political outreach total fees:214508

Form 990 Part IX Line 11G

Description:digital comm. - web/social med total fees:177822

Form 990 Part IX Line 11G

Description:grassroots advocacy total fees:114770

Form 990 Part IX Line 11G

Description:graphic designer & art total fees:21050

Form 990 Part IX Line 11G

Description:miscellaneous consulting total fees:11706

Form 990 Part IX Line 11G

Description:writing/editing total fees:9820

Form 990 Part IX Line 11G

Description:management fees total fees:300

Financial Statement Notes

Form 990, Schedule D, Part X, Line 2

NRDC Action Fund is included within the consolidated financial statements of its parent, the natural resources defense council, inc. The below Fin-48 footnote is reproduced from the consolidated financial STATEMENTS. NRDC follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the consolidated financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. NRDC has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and to review other matters that may be considered uncertain tax positions. NRDC does not believe its 2019 and 2018 consolidated financial statements include any material uncertain tax positions.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0During the fiscal year that ended June 30, 2019, the NRDC Action Fund held elected officials accountable by educating constituents when their congressional representatives voted for or against environmental priorities and exposing those who sided with polluters rather than the public good. We worked to expand and mobilize our influential constituencies, experts, community leaders, and others to champion clean air and water, public health, biodiversity, and a stable climate. We advocated before decision makers on the federal and state level to protect and strengthen environmental policies. We supported political candidates who stand up for the environment and climate action. As an example of our federal advocacy, the NRDC Action Fund launched advocacy and media campaigns to support federal legislation that would commit the U.S. to transitioning to clean energy. We also advocated against the expansion of oil and gas drilling off America's coasts, and against efforts to weaken the Endangered Species Act. The NRDC Action Fund also engaged in advocacy and accountability on the state level. We have supported public engagement and advocacy efforts in support of clean energy and eliminating dirty energy in a number of states including Nevada, Colorado and Pennsylvania. The NRDC Action Fund endorsed more than 20 U.S. Senate candidates and conducted our largest-ever get-out-the-vote program during the closing days of the 2018 midterm elections.
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director (thru 07/2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director (thru 03/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18director
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt21Asst. Secretary (thru 03/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt22CFO/Treas(thru 03/19)/fin adv
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24CHIEF ADMINISTRATIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt25Asst. Secretary(as of 03/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt26Asst. Secretary(as of 03/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt27CFO/treasurer (as of 03/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt28COMMUNICATIONS DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29Director of Dev. Action Fund
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.3$0.57$16.8$15.3$14.0$1.35
2023Detailed filing. Detailed filing data is available for this year.$17.0$1.54$15.4$18.3$16.0$2.28
2022Detailed filing. Detailed filing data is available for this year.$14.0$0.90$13.1$15.5$18.4$2.90
2021Detailed filing. Detailed filing data is available for this year.$18.8$2.74$16.0$21.5$15.3$6.24
2020Summary only. Only limited summary data is available for this year.$14.4$4.58$9.79$14.2$13.2$1.01
2019Detailed filing. Detailed filing data is available for this year.$9.72$0.94$8.78$15.2$7.71$7.46
2018Detailed filing. Detailed filing data is available for this year.$2.05$0.73$1.31$5.06$5.84$0.78
2017Detailed filing. Detailed filing data is available for this year.$2.93$0.76$2.16$4.89$5.46$0.57
2016Detailed filing. Detailed filing data is available for this year.$2.96$0.23$2.73$2.89$3.24$0.35
2015Detailed filing. Detailed filing data is available for this year.$3.58$0.52$3.07$3.87$2.01$1.86
2014Detailed filing. Detailed filing data is available for this year.$1.64$0.42$1.22$1.55$1.46$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.35$1.13$3.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.28$2.68$1.34
2011Summary only. Only limited summary data is available for this year.$1.69$0.30$1.39$2.30$3.36$1.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.50$2.45$3.93