Civic Intelligence

American Security Project

990 • Fiscal year 2018 • EIN 20-4079553

Jan 01, 2018 to Dec 31, 2018 • Filed on May 04, 2019

1201 Pennsylvania Ave NWWashington, DC 20004-2463

(202) 347-4267

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

Higher debt load relative to assets than 29% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

28th percentile

0.00x

Higher debt load relative to revenue than 28% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

62nd percentile

8.5%

Higher net margin than 62% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$135,864

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 22.2% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

-2.9%

Faster revenue growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$333,122

Up $44,866 (+16%) from 2017

Net Assets

Up

$332,789

Up $51,836 (+18%) from 2017

Liabilities

Down

$333

Down $6,970 (-95%) from 2017

Revenue

Down

$612,812

Down $18,066 (-2.9%) from 2017

Expenses

Down

$560,976

Down $191,852 (-25%) from 2017

Net Income

Up

$51,836

Up $173,786 (+143%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $127,919Liabilities 2011: $11,713Net Assets 2011: $116,2062011Assets 2012: $241,467Liabilities 2012: $19,587Net Assets 2012: $221,8802012Assets 2013: $179,892Liabilities 2013: $6,619Net Assets 2013: $173,2732013Assets 2014: $60,502Liabilities 2014: $2,946Net Assets 2014: $57,5562014Assets 2015: $160,386Liabilities 2015: $8,437Net Assets 2015: $151,9492015Assets 2016: $412,433Liabilities 2016: $9,530Net Assets 2016: $402,9032016Assets 2017: $288,256Liabilities 2017: $7,303Net Assets 2017: $280,9532017Assets 2018: $333,122Liabilities 2018: $333Net Assets 2018: $332,7892018Assets 2019: $1,135,345Liabilities 2019: $18,271Net Assets 2019: $1,117,0742019Assets 2020: $913,410Liabilities 2020: $28,194Net Assets 2020: $885,2162020Assets 2021: $604,737Liabilities 2021: $67,483Net Assets 2021: $537,2542021Assets 2022: $1,460,200Liabilities 2022: $1,050,784Net Assets 2022: $409,4162022Assets 2023: $1,263,506Liabilities 2023: $979,718Net Assets 2023: $283,7882023Assets 2024: $2,036,962Liabilities 2024: $840,893Net Assets 2024: $1,196,0692024

Highlighted filing

2018

Assets$333,122
Liabilities$333
Net Assets$332,789

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $829,365Expenses 2011: $1,093,590Net Income 2011: -$264,2252011Expenses 2012: $940,3792012Revenue 2013: $1,041,323Expenses 2013: $1,089,930Net Income 2013: -$48,6072013Revenue 2014: $805,046Expenses 2014: $920,763Net Income 2014: -$115,7172014Revenue 2015: $798,790Expenses 2015: $704,397Net Income 2015: $94,3932015Revenue 2016: $859,666Expenses 2016: $608,712Net Income 2016: $250,9542016Revenue 2017: $630,878Expenses 2017: $752,828Net Income 2017: -$121,9502017Revenue 2018: $612,812Expenses 2018: $560,976Net Income 2018: $51,8362018Revenue 2019: $2,105,043Expenses 2019: $1,320,758Net Income 2019: $784,2852019Revenue 2020: $1,922,124Expenses 2020: $2,153,982Net Income 2020: -$231,8582020Revenue 2021: $982,402Expenses 2021: $1,330,364Net Income 2021: -$347,9622021Revenue 2022: $765,251Expenses 2022: $893,089Net Income 2022: -$127,8382022Revenue 2023: $693,406Expenses 2023: $819,034Net Income 2023: -$125,6282023Revenue 2024: $1,662,436Expenses 2024: $750,155Net Income 2024: $912,2812024

Highlighted filing

2018

Revenue$612,812
Expenses$560,976
Net Income$51,836
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 4, 2019
Return Version
2018v3.1
Gross Receipts
$617,944
Mission and Program Overview

Mission

The organization's mission is to foster knowledge and understanding of a

The organization's exempt purpose is to foster knowledge and understanding of a range of national security and foreign policy issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$267,249$292,679▲ $25,430
Pledges and Grants Receivable$10,000--
Prepaid Expenses and Deferred Charges$2,714$4,960▲ $2,246
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$288,256$333,122▲ $44,866
Other Assets Total$8,293$35,483▲ $27,190
Liabilities
Other Liabilities$3,000--
Accounts Payable and Accrued Expenses$4,303$333▼ $3,970
Total Liabilities$7,303$333▼ $6,970
Net Assets / Fund Balance
Unrestricted Net Assets$280,953$332,789▲ $51,836
Total Net Assets Fund Balance$280,953$332,789▲ $51,836
Total Liabilities and Net Assets / Fund Balance$288,256$333,122▲ $44,866

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$35,637$35,637
Land$0--
Other Assets Org$35,483--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew HollandSecretaryFT$128,750$7,114$135,864
Stephen a CheneyCEOFT$87,500-$87,500
Matthew WallinTreasurerFT$75,833$5,778$81,611

Board Members and Trustees

NameTitle
Gary HartChairman Emeritus
Christine Todd WhitmanChairperson
Nelson W CunninghamPresident
Alejandro BritoDirector
Chuck HagelDirector
Claudia KennedyDirector
Daniel ChristmanDirector
Dennis MehielDirector
Donald BeyerDirector
Ed ReillyDirector
Jeffrey BleichDirector
John F KerryDirector
Lee CullumDirector
Lee GunnDirector
Lester L LylesDirector
Matthew BergmanDirector
Nicholas ClarkDirector
Norman R AugustineDirector
Norman SeipDirector
Robert B CroweDirector
Scott GilbertDirector
Stuart PiltchDirector
William FallonDirector
Rav FernandoFormer Director
Revenue and Support

Revenue Composition

Contributions and Grants
$572,812
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$40,000
All Other Contributions
$572,812
Change in Net Assets
$51,836

Audited Revenue Reconciliation

Revenue per Audited Statements
$612,812
Total Revenue per Audited Statements
$612,812
Total Revenue per Form 990
$612,812
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$405,574
Other Expenses$155,402
Total Fundraising Expense$92,331
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$216,675$40,280$59,175$316,130
Occupancy$56,179$10,004$10,774$76,957
Other Salaries and Wages$44,000$5,500$5,500$55,000
Payroll Taxes$19,505$3,363$4,994$27,862
Information Technology$15,997$3,670$3,040$22,707
Office Expenses$7,614$2,266$4,081$13,961
Travel$10,752$1,390$129$12,271
Fees for Services Accounting$0$11,165$0$11,165
Other Employee Benefits$4,741$1,333$508$6,582
Insurance$3,558$634$682$4,874
Conferences and Meetings$2,356$550$872$3,778
Fees for Services Other$0$3,106$0$3,106
Fees for Services Legal$0$0$2,576$2,576
Advertising$675$50$0$725
Other Expenses$0$33$0$33
Total Functional Expenses$382,052$86,593$92,331$560,976

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$560,976
Total Expenses per Audited Statements$560,976
Total Expenses per Form 990$560,976
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
American Security Project
EIN
20-4079553
Phone
2023474267
Address
1201 PENNSYLVANIA AVE NW, WASHINGTON, DC 20004-2463

Signing Officer

Name
Andrew Holland
Title
Chief Operating Officer
Phone
2023474267
Signed
2019-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Cheney
Formed
2006
Legal Domicile
Dc
Voting Board Members
24
Independent Board Members
23
Employees
4
Volunteers
168

Preparer

Firm
Mark Heinitz CPA
Address
6433 BURWELL ST, SPRINGFIELD, VA 22150
Preparer
Mark Heinitz
Phone
7038221696
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The organization's chief executive and operating officers review form 990 prior to its submission with the irs.

Pt VI, Line 12C

Directors and officers are required to report to the board any financial interest which the officer or director directly or indirectly has in any person or entity which is a party to a transaction under consideration by the board. The interested director or officer is required to abstain from voting on the transaction.

Pt VI, Line 15A

The organization's independent governing body approves the annual budget, which includes compensation of the chief executive officer.

Pt VI, Line 15B

The organization's independent governing body approves the annual budget, which includes compensation of other officers.

Pt VI, Line 19

The organization makes available for inspection and copying all documents required to be made publicly available.

Financial Statement Notes

Pt X, Line 2

At december 31, 2018, the organization has determined that no income taxes are due from its activities. Accordingly, no provision for income taxes has been recorded in the accompanying financial statements. Management annually reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition in the financial statements.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.04$0.84$1.20$1.66$0.75$0.91
2023Detailed filing. Detailed filing data is available for this year.$1.26$0.98$0.28$0.69$0.82$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.46$1.05$0.41$0.77$0.89$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.07$0.54$0.98$1.33$0.35
2020Detailed filing. Detailed filing data is available for this year.$0.91$0.03$0.89$1.92$2.15$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.14$0.02$1.12$2.11$1.32$0.78
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.61$0.56$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.28$0.63$0.75$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$0.86$0.61$0.25
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.15$0.80$0.70$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.81$0.92$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$1.04$1.09$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.02$0.22$0.94
2011Summary only. Only limited summary data is available for this year.$0.13$0.01$0.12$0.83$1.09$0.26