Civic Intelligence

Frack Action Fund Inc

990 • Fiscal year 2022 • EIN 45-2989965

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

PO Box 1443Highland, NY 12528

(518) 322-2978

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.03x

Higher debt load relative to assets than 73% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Net Margin

43rd percentile

3.4%

Higher net margin than 43% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Top Officer Pay

98th percentile

$83,769

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 19.6% of source-year revenue.

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Asset Growth

13th percentile

-29%

Faster asset growth than 13% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

83rd percentile

100%

Faster revenue growth than 83% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$85,520

Down $34,903 (-29%) from 2021

Net Assets

Up

$82,636

Up $14,331 (+21%) from 2021

Liabilities

Down

$2,884

Down $49,234 (-94%) from 2021

Revenue

Up

$427,250

Up $213,487 (+100%) from 2021

Expenses

Up

$412,919

Up $212,359 (+106%) from 2021

Net Income

Up

$14,331

Up $1,128 (+8.5%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2012: $4,939Liabilities 2012: $3,500Net Assets 2012: $1,4392012Assets 2013: $41,496Liabilities 2013: $26,000Net Assets 2013: $15,4962013Assets 2014: $39,470Liabilities 2014: $16,322Net Assets 2014: $23,1482014Assets 2015: $23,968Liabilities 2015: $12,533Net Assets 2015: $11,4352015Assets 2016: $107,065Liabilities 2016: $0Net Assets 2016: $107,0652016Assets 2017: $62,401Liabilities 2017: $33,000Net Assets 2017: $29,4012017Assets 2018: $110,283Liabilities 2018: $35,000Net Assets 2018: $75,2832018Assets 2019: $19,519Liabilities 2019: $7,500Net Assets 2019: $12,0192019Assets 2020: $82,501Liabilities 2020: $27,399Net Assets 2020: $55,1022020Assets 2021: $120,423Liabilities 2021: $52,118Net Assets 2021: $68,3052021Assets 2022: $85,520Liabilities 2022: $2,884Net Assets 2022: $82,6362022Assets 2023: $140,658Liabilities 2023: $3,276Net Assets 2023: $137,3822023Assets 2024: $77,436Liabilities 2024: $32,149Net Assets 2024: $45,2872024

Highlighted filing

2022

Assets$85,520
Liabilities$2,884
Net Assets$82,636

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $236,709Expenses 2012: $226,196Net Income 2012: $10,5132012Revenue 2013: $295,317Expenses 2013: $279,861Net Income 2013: $15,4562013Revenue 2014: $273,600Expenses 2014: $265,948Net Income 2014: $7,6522014Revenue 2015: $285,450Expenses 2015: $297,166Net Income 2015: -$11,7162015Revenue 2016: $435,424Expenses 2016: $339,794Net Income 2016: $95,6302016Revenue 2017: $250,794Expenses 2017: $328,458Net Income 2017: -$77,6642017Revenue 2018: $194,826Expenses 2018: $148,944Net Income 2018: $45,8822018Revenue 2019: $80,270Expenses 2019: $143,534Net Income 2019: -$63,2642019Revenue 2020: $243,449Expenses 2020: $200,366Net Income 2020: $43,0832020Revenue 2021: $213,763Expenses 2021: $200,560Net Income 2021: $13,2032021Revenue 2022: $427,250Expenses 2022: $412,919Net Income 2022: $14,3312022Revenue 2023: $413,332Expenses 2023: $358,586Net Income 2023: $54,7462023Revenue 2024: $354,000Expenses 2024: $446,095Net Income 2024: -$92,0952024

Highlighted filing

2022

Revenue$427,250
Expenses$412,919
Net Income$14,331
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$427,250
Mission and Program Overview

Mission

Research and inform the public about the hazards of high-volume hydraulic fracturing and other gas and oil extraction processes, other energy industry practices, environmental sustainability, and renewable energy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$110,955$81,339▼ $29,616
Land, Buildings, and Equipment, Net$6,968$4,181▼ $2,787
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$120,423$85,520▼ $34,903
Other Assets Total$2,500$0▼ $2,500
Liabilities
Deferred Revenue$52,000--
Other Liabilities-$2,500-
Accounts Payable and Accrued Expenses$118$384▲ $266
Total Liabilities$52,118$2,884▼ $49,234
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,805$82,636▲ $51,831
Net Assets With Donor Restrictions$37,500--
Total Net Assets Fund Balance$68,305$82,636▲ $14,331
Total Liabilities and Net Assets / Fund Balance$120,423$85,520▼ $34,903

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,181$4,529$8,710
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Julia WalshExecutive DirectorFT$83,769$83,769

Board Members and Trustees

NameTitle
Roger DownsPresident
Richard SchraderSecretary
Dominic FrongilloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$427,250
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$427,250
Change in Net Assets
$14,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$262,699
Salaries, Compensation, and Employee Benefits$150,220
Total Fundraising Expense$5,503
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$199,805--$199,805
Current Officers, Directors, Trustees, and Key Employees$62,827$16,754$4,188$83,769
Other Salaries and Wages$32,359$7,636$359$40,354
Travel$35,827--$35,827
Other Employee Benefits$10,862$2,783$519$14,164
Payroll Taxes$9,152$2,344$437$11,933
Fees for Services Accounting-$9,150-$9,150
All Other Expenses$1,339$2,154-$3,493
Depreciation Depletion-$2,787-$2,787
Other Expenses$1,800$3,220-$1,800
Insurance-$82-$82
Total Functional Expenses$356,771$50,645$5,503$412,919
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
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
loans & Exchange$2,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the draft 990 is sent to each member of the board of directors for review before filing.

Form 990, Part VI, Section B, Line 12C

The board regularly monitors and enforces the conflict of interest policy. Directors, officers and key personnel are required to disclose all possible conflicts immediately in writing to the board. The board reviews such matters and acts in accordance with the policy.

Form 990, Part VI, Section C, Line 19

Governing documents, the conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Frack Action Fund Inc
EIN
45-2989965
Phone
5183222978
Address
PO BOX 1443, HIGHLAND, NY 12528

Signing Officer

Name
Roger Downs
Title
President
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roger Downs
Formed
2011
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
3

Preparer

Firm
Donald Damon CPA
Address
8933 Mustique Lane, Naples, FL 34114
Preparer
Donald Damon CPA
Phone
6319211180
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IRS990ScheduleA/PublicSupportPY170Pct00.40730
IRS990ScheduleA/PublicSupportTotal170Amt0640799
IRS990ScheduleA/SubstantialContributorsTotAmt0518759
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0427250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0213763
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0243449
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt080270
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0194826
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01159558
IRS990ScheduleA/TotalSupportAmt01159558
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt018114
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt07626
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt08750
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt05881
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt040371
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt072455
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt030503
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt035001
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt023523
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0161482
IRS990ScheduleC/CorrectionMadeInd0false
IRS990ScheduleC/Form4720FiledInd0false
IRS990ScheduleC/Form4720FiledSection4955TaxInd0false
IRS990ScheduleC/GrassrootsCeilingAmt060557
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt018114
IRS990ScheduleC/LobbyingCeilingAmt0242223
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt072455
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0362274
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0362274
IRS990ScheduleD/EquipmentGrp/BookValueAmt04181
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04529
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08710
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0loans & Exchange
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04181
IRS990ScheduleD/TotalLiabilityAmt02500
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE DRAFT 990 IS SENT TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REGULARLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY. DIRECTORS, OFFICERS AND KEY PERSONNEL ARE REQUIRED TO DISCLOSE ALL POSSIBLE CONFLICTS IMMEDIATELY IN WRITING TO THE BOARD. THE BOARD REVIEWS SUCH MATTERS AND ACTS IN ACCORDANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0120423
IRS990/TotalAssetsEOYAmt085520
IRS990/TotalAssetsGrp/BOYAmt0120423
IRS990/TotalAssetsGrp/EOYAmt085520
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0427250
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05503
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050645
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0356771
IRS990/TotalFunctionalExpensesGrp/TotalAmt0412919
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt052118
IRS990/TotalLiabilitiesEOYAmt02884
IRS990/TotalLiabilitiesGrp/BOYAmt052118
IRS990/TotalLiabilitiesGrp/EOYAmt02884
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt068305
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt082636
IRS990/TotalProgramServiceExpensesAmt0356771
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt083769
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0427250
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0120423
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt085520
IRS990/TravelGrp/ProgramServicesAmt035827
IRS990/TravelGrp/TotalAmt035827
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1443
IRS990/USAddress/CityNm0HIGHLAND
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012528
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROGER DOWNS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRACK ACTION FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0FRAC
ReturnHeader/Filer/EIN0452989965
ReturnHeader/Filer/PhoneNum05183222978
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1443
ReturnHeader/Filer/USAddress/CityNm0HIGHLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012528
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0825404041
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Donald Damon CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08933 Mustique Lane
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Naples
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034114
ReturnHeader/PreparerPersonGrp/PhoneNum06319211180

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.32$0.45$3.54$4.46$0.92
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.03$1.37$4.13$3.59$0.55
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.03$0.83$4.27$4.13$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.52$0.68$2.14$2.01$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.27$0.55$2.43$2.00$0.43
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.08$0.12$0.80$1.44$0.63
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.35$0.75$1.95$1.49$0.46
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.33$0.29$2.51$3.28$0.78
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.00$1.07$4.35$3.40$0.96
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.13$0.11$2.85$2.97$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.39$0.16$0.23$2.74$2.66$0.08
2013Summary only. Only limited summary data is available for this year.$0.41$0.26$0.15$2.95$2.80$0.15
2012Summary only. Only limited summary data is available for this year.$0.05$0.04$0.01$2.37$2.26$0.11