Civic Intelligence

No Labels Foundation

990 • Fiscal year 2014 • EIN 45-3648734

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 24, 2015

1680 Wisconsin Avenue NW No 2nd FLWashington, DC 20007

(202) 588-1990

Siviq Scores

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

Liabilities / Assets

68th percentile

0.30x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.23x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

62nd percentile

7.2%

Higher net margin than 62% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

46th percentile

$53,500

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

55th percentile

3.3%

Faster asset growth than 55% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

83rd percentile

34%

Faster revenue growth than 83% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,826,890

Up $58,999 (+3.3%) from 2013

Net Assets

Up

$1,272,407

Up $172,836 (+16%) from 2013

Liabilities

Down

$554,483

Down $113,837 (-17%) from 2013

Revenue

Up

$2,410,174

Up $615,887 (+34%) from 2013

Expenses

Up

$2,237,338

Up $1,542,631 (+222%) from 2013

Net Income

Down

$172,836

Down $926,744 (-84%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2013: $1,767,891Liabilities 2013: $668,320Net Assets 2013: $1,099,5712013Assets 2014: $1,826,890Liabilities 2014: $554,483Net Assets 2014: $1,272,4072014Assets 2015: $1,214,873Liabilities 2015: $93,025Net Assets 2015: $1,121,8482015Assets 2016: $1,117,663Liabilities 2016: $67,492Net Assets 2016: $1,050,1712016Assets 2017: $1,031,968Liabilities 2017: $37,100Net Assets 2017: $994,8682017Assets 2018: $706,689Liabilities 2018: $86,122Net Assets 2018: $620,5672018Assets 2019: $167,895Liabilities 2019: $203,635Net Assets 2019: -$35,7402019Assets 2020: $259,084Liabilities 2020: $357,199Net Assets 2020: -$98,1152020Assets 2021: $243,156Liabilities 2021: $65,176Net Assets 2021: $177,9802021Assets 2022: $144,211Liabilities 2022: $49,021Net Assets 2022: $95,1902022Assets 2023: $63,389Liabilities 2023: $47,816Net Assets 2023: $15,5732023Assets 2024: $32,793Liabilities 2024: $46,657Net Assets 2024: -$13,8642024

Highlighted filing

2014

Assets$1,826,890
Liabilities$554,483
Net Assets$1,272,407

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $1,794,287Expenses 2013: $694,707Net Income 2013: $1,099,5802013Revenue 2014: $2,410,174Expenses 2014: $2,237,338Net Income 2014: $172,8362014Revenue 2015: $2,731,492Expenses 2015: $2,882,051Net Income 2015: -$150,5592015Revenue 2016: $1,211,871Expenses 2016: $1,158,548Net Income 2016: $53,3232016Revenue 2017: $571,697Expenses 2017: $627,000Net Income 2017: -$55,3032017Revenue 2018: $21,196Expenses 2018: $395,497Net Income 2018: -$374,3012018Revenue 2019: $199,161Expenses 2019: $855,466Net Income 2019: -$656,3052019Revenue 2020: $703,100Expenses 2020: $760,017Net Income 2020: -$56,9172020Revenue 2021: $937,535Expenses 2021: $653,661Net Income 2021: $283,8742021Revenue 2022: $340,291Expenses 2022: $432,557Net Income 2022: -$92,2662022Revenue 2023: $5,019Expenses 2023: $41,689Net Income 2023: -$36,6702023Revenue 2024: $50,031Expenses 2024: $79,468Net Income 2024: -$29,4372024

Highlighted filing

2014

Revenue$2,410,174
Expenses$2,237,338
Net Income$172,836
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 24, 2015
Return Version
2014v5.0
Gross Receipts
$2,411,362
Mission and Program Overview

Mission

To nurture new policy proposals and establish the intellectual basis for a viable political center in todays America.

The No Labels Foundation is the educational arm of No Labels. The Foundation seeks to convene policymakers, across party lines and at all levels of government, to provide fact based educational programming that promotes trust and collaboration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,559,388$1,678,509▲ $119,121
Pledges and Grants Receivable$207,315$148,381▼ $58,934
Investments in Publicly Traded Securities$1,188$0▼ $1,188
Total Assets$1,767,891$1,826,890▲ $58,999
Liabilities
Other Liabilities$666,060$530,032▼ $136,028
Accounts Payable and Accrued Expenses$2,260$24,451▲ $22,191
Total Liabilities$668,320$554,483▼ $113,837
Net Assets / Fund Balance
Unrestricted Net Assets$817,256$1,124,026▲ $306,770
Temporarily Rstr Net Assets$282,315$148,381▼ $133,934
Total Net Assets Fund Balance$1,099,571$1,272,407▲ $172,836
Total Liabilities and Net Assets / Fund Balance$1,767,891$1,826,890▲ $58,999
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Margaret KimbrellExecutive DirectorPT$53,500$53,500
Ahmir RashidOperations DirectorPT$47,500$47,500

Board Members and Trustees

NameTitle
Nancy JacobsonPresident
Bill GalstonDirector
Clarine Nardi RiddleDirector
Ted BuergerDirector
Tom DavisDirector
Jerald S Howe JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,410,116
Program Service Revenue
$0
Investment Income
$58
Other Revenue
$0
All Other Contributions
$2,410,116
Change in Net Assets
$172,836

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,410,174
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,410,174
Total Revenue per Form 990
$2,410,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,729,896
Salaries, Compensation, and Employee Benefits$507,442
Total Fundraising Expense$317,878
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$780,251$37,657$79,634$897,542
Other Salaries and Wages$156,614$102,133$93,967$352,714
Travel$132,917$68,213$56,062$257,192
Conferences and Meetings$235,535-$10,712$246,247
Office Expenses$112,844$22,484$12,128$147,456
Current Officers, Directors, Trustees, and Key Employees$44,847$29,246$26,907$101,000
Occupancy$41,140$29,389$24,154$94,683
Fees for Services Accounting-$46,447-$46,447
Payroll Taxes$15,569$10,154$9,342$35,065
Fees for Services Legal-$28,782-$28,782
Other Employee Benefits$8,287$5,404$4,972$18,663
Information Technology-$10,738-$10,738
Insurance-$809-$809
Total Functional Expenses$1,528,004$391,456$317,878$2,237,338

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,237,338
Total Expenses per Audited Statements$2,237,338
Total Expenses per Form 990$2,237,338
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to No Labels$530,032
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
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

Governance Explanations

Form 990, Part VI, Section B, line 11

The Form 990 is reviewed by the President, legal counsel and the Treasurer, and distributed to the full board prior to filing.

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

Pursuant to its bylaws, the Directors and Officers are required to disclose to the board any financial interest which the Director or Officer 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.

Form 990, Part VI, Section B, line 15

Compensation is reviewed by the board annually as part of the budget process. The organization reviews comparability data to establish reasonable compensation arrangements.

Form 990, Part VI, Section C, line 19

The Foundation makes its governing documents, conflict of interest policy, and Form 990 available to the public upon request.

Filing and Contact Details

Filer

Filer Name
No Labels Foundation
EIN
45-3648734
Phone
2025881990
Address
1680 Wisconsin Avenue NW No 2nd FL, Washington, DC 20007

Signing Officer

Name
Jerald S Howe Jr
Title
Treasurer
Phone
2025881990
Signed
2015-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Jacobson
Formed
2011
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
5
Employees
37
Volunteers
50

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Lori A Collingsworth
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Consultants and other professional services: Program service expenses 780,251. Management and general expenses 37,657. Fundraising expenses 79,634. Total expenses 897,542.

Form 990, Part XII, Line 2C:

The Foundation's Board of Directors assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.

Financial Statement Notes

Part X, Line 2:

Management has evaluated NLF's tax positions and has concluded that there are no uncertain tax positions that qualify for either recognition or disclosure in the accompanying financial statements.

Raw XML Appendix400 raw XML fields

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/ProgSrvcAccomActy2Grp/Desc0Public education: The Public Education program is designed to educate and disseminate nonpartisan information to the general public about the state of affairs in American politics, focusing on the work by leaders reaching across party lines to put America first.
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IRS990ScheduleA/PublicSupportTotal170Amt02262422
IRS990ScheduleA/SubstantialContributorsTotAmt01941981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02410116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01794287
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04204403
IRS990ScheduleA/TotalSupportAmt04204403
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/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt065467
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt032302
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt097769
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0261867
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0129206
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0391073
IRS990ScheduleC/GrassrootsCeilingAmt0146654
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt065467
IRS990ScheduleC/LobbyingCeilingAmt0586610
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0261867
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt02237338
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt02237338
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02237338
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0530032
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to No Labels
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02410174
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated NLF's tax positions and has concluded that there are no uncertain tax positions that qualify for either recognition or disclosure in the accompanying financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02237338
IRS990ScheduleD/TotalLiabilityAmt0530032
IRS990ScheduleD/TotalRevenuePerForm990Amt02410174
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02410174
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02237338
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed by the President, legal counsel and the Treasurer, and distributed to the full board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Pursuant to its bylaws, the Directors and Officers are required to disclose to the board any financial interest which the Director or Officer 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is reviewed by the board annually as part of the budget process. The organization reviews comparability data to establish reasonable compensation arrangements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Foundation makes its governing documents, conflict of interest policy, and Form 990 available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Consultants and other professional services: Program service expenses 780,251. Management and general expenses 37,657. Fundraising expenses 79,634. Total expenses 897,542.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Foundation's Board of Directors assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0282315
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0148381
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01767891
IRS990/TotalAssetsEOYAmt01826890
IRS990/TotalAssetsGrp/BOYAmt01767891
IRS990/TotalAssetsGrp/EOYAmt01826890
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02410116
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0317878
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0391456
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01528004
IRS990/TotalFunctionalExpensesGrp/TotalAmt02237338
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0668320
IRS990/TotalLiabilitiesEOYAmt0554483
IRS990/TotalLiabilitiesGrp/BOYAmt0668320
IRS990/TotalLiabilitiesGrp/EOYAmt0554483
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01099571
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01272407
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01528004
IRS990/TotalReportableCompFromOrgAmt0101000
IRS990/TotalRevenueGrp/ExclusionAmt058
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02410174
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01767891
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01826890
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt056062
IRS990/TravelGrp/ManagementAndGeneralAmt068213
IRS990/TravelGrp/ProgramServicesAmt0132917
IRS990/TravelGrp/TotalAmt0257192
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0817256
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01124026
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01680 Wisconsin Avenue NW No 2nd FL
IRS990/USAddress/CityNm0Washington
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020007
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0http://www.nolabels.org/foundation
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Jerald S Howe Jr
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02025881990
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0No Labels Foundation
ReturnHeader/Filer/BusinessNameControlTxt0NOLA
ReturnHeader/Filer/EIN0453648734
ReturnHeader/Filer/PhoneNum02025881990
ReturnHeader/Filer/USAddress/AddressLine1Txt01680 Wisconsin Avenue NW No 2nd FL
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020007
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582676261
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rogers & Company PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08300 Boone Boulevard Suite 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Vienna
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022182
ReturnHeader/PreparerPersonGrp/PhoneNum07038930300
ReturnHeader/PreparerPersonGrp/PreparationDt02015-06-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lori A Collingsworth
ReturnHeader/ReturnTs02015-06-24T15:57:44-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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