Civic Intelligence

Economic Innovation Group Inc

990 • Fiscal year 2015 • EIN 46-2450336

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 01, 2016

616 H STREET NW Suite 550Washington, DC 20001

(202) 839-3710

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.05x

Higher debt load relative to assets than 33% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

23rd percentile

0.04x

Higher debt load relative to revenue than 23% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Net Margin

86th percentile

43%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

92nd percentile

$388,498

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Asset Growth

97th percentile

145%

Faster asset growth than 97% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

233%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$3,888,406

Up $2,302,388 (+145%) from 2014

Net Assets

Up

$3,697,021

Up $2,171,368 (+142%) from 2014

Liabilities

Up

$191,385

Up $131,020 (+217%) from 2014

Revenue

Up

$5,005,696

Up $3,504,113 (+233%) from 2014

Expenses

Up

$2,834,328

Up $1,565,247 (+123%) from 2014

Net Income

Up

$2,171,368

Up $1,938,866 (+834%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2013: $1,372,121Liabilities 2013: $78,970Net Assets 2013: $1,293,1512013Assets 2014: $1,586,018Liabilities 2014: $60,365Net Assets 2014: $1,525,6532014Assets 2015: $3,888,406Liabilities 2015: $191,385Net Assets 2015: $3,697,0212015Assets 2016: $719,594Liabilities 2016: $313,899Net Assets 2016: $405,6952016Assets 2017: $587,580Liabilities 2017: $280,136Net Assets 2017: $307,4442017Assets 2018: $1,076,413Liabilities 2018: $455,669Net Assets 2018: $620,7442018Assets 2019: $3,150,656Liabilities 2019: $613,350Net Assets 2019: $2,537,3062019Assets 2020: $4,158,156Liabilities 2020: $504,510Net Assets 2020: $3,653,6462020Assets 2021: $5,887,257Liabilities 2021: $630,291Net Assets 2021: $5,256,9662021Assets 2022: $5,972,654Liabilities 2022: $530,895Net Assets 2022: $5,441,7592022Assets 2023: $7,784,859Liabilities 2023: $636,142Net Assets 2023: $7,148,7172023Assets 2024: $9,370,955Liabilities 2024: $2,169,643Net Assets 2024: $7,201,3122024

Highlighted filing

2015

Assets$3,888,406
Liabilities$191,385
Net Assets$3,697,021

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2013: $1,971,716Expenses 2013: $678,565Net Income 2013: $1,293,1512013Revenue 2014: $1,501,583Expenses 2014: $1,269,081Net Income 2014: $232,5022014Revenue 2015: $5,005,696Expenses 2015: $2,834,328Net Income 2015: $2,171,3682015Revenue 2016: $396,443Expenses 2016: $3,687,769Net Income 2016: -$3,291,3262016Revenue 2017: $2,963,062Expenses 2017: $3,061,313Net Income 2017: -$98,2512017Revenue 2018: $3,366,456Expenses 2018: $3,053,156Net Income 2018: $313,3002018Revenue 2019: $5,545,108Expenses 2019: $3,628,546Net Income 2019: $1,916,5622019Revenue 2020: $4,562,267Expenses 2020: $3,482,976Net Income 2020: $1,079,2912020Revenue 2021: $6,209,477Expenses 2021: $4,569,108Net Income 2021: $1,640,3692021Revenue 2022: $5,211,631Expenses 2022: $5,026,838Net Income 2022: $184,7932022Revenue 2023: $6,446,450Expenses 2023: $4,781,746Net Income 2023: $1,664,7042023Revenue 2024: $5,679,893Expenses 2024: $5,806,034Net Income 2024: -$126,1412024

Highlighted filing

2015

Revenue$5,005,696
Expenses$2,834,328
Net Income$2,171,368
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 1, 2016
Return Version
2015v2.1
Gross Receipts
$5,005,696
Mission and Program Overview

Mission

The organization is primarily focused on public interest advocacy activities to promote the ideas, public policy, and investment needed to drive economic growth in America. The organization will work to develop bipartisan policy solutions that unlock private sector capital to spur economic growth.

Primarily focused on public interest advocacy activities to promote ideas, public policy,and investment needed to drive economic growth in america.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,573,078$3,500,311▲ $1,927,233
Cash and Non-Interest-Bearing Accounts$0$369,789▲ $369,789
Prepaid Expenses and Deferred Charges$9,938$15,306▲ $5,368
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$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--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,586,018$3,888,406▲ $2,302,388
Other Assets Total$3,002$3,000▼ $2
Liabilities
Other Liabilities$23,169$97,156▲ $73,987
Accounts Payable and Accrued Expenses$37,196$94,229▲ $57,033
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$60,365$191,385▲ $131,020
Net Assets / Fund Balance
Unrestricted Net Assets$1,525,653$3,697,021▲ $2,171,368
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,525,653$3,697,021▲ $2,171,368
Total Liabilities and Net Assets / Fund Balance$1,586,018$3,888,406▲ $2,302,388
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven GlickmanExecutive DirectorFT$303,543$84,955$388,498
John LettieriSr. Director Policy & StrategyFT$272,513$72,047$344,560

Board Members and Trustees

NameTitle
Sean ParkerChairman
Joe SanbergDirector
Michael PolanksySecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Hamilton Place Strategies LLCPublic Relations805 15TH STREET NW 2ND FLOOR, Washington, DC 20005$286,393
Steptoe Johnson LLPGen. Legal Counsel1330 CONNECTICUT AVE NW, Washington, DC 20036-1795$187,687
Washington Tax GroupLobbying Firm300 NEW JERSEY AVE NW SUITE 601, Washington, DC 20001$175,000
Pricewaterhousecoopers LLPEconomic ResearchPO BOX 7247-8001, Philadelphia, PA 19170-8001$165,649
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000,000
Program Service Revenue
$0
Investment Income
$5,696
Other Revenue
$0
All Other Contributions
$5,000,000
Change in Net Assets
$2,171,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,657,623
Salaries, Compensation, and Employee Benefits$1,176,705
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$532,257$193,080-$725,337
Fees for Services Other$620,302$85,625-$705,927
Fees for Services Lobbying$350,000--$350,000
Other Salaries and Wages$248,590$81,223-$329,813
Fees for Services Legal-$149,098-$149,098
Information Technology$75,963$3,552-$79,515
Travel$78,641--$78,641
Other Employee Benefits$31,382$38,042-$69,424
Conferences and Meetings$68,442--$68,442
Fees for Services Accounting-$59,405-$59,405
Payroll Taxes$36,668$11,969-$48,637
Occupancy$28,213$9,787-$38,000
Office Expenses$16,738$3,133-$19,871
Advertising$10,735--$10,735
Pension Plan Contributions$2,673$821-$3,494
Insurance-$481-$481
Other Expenses$4,725$-445$0$-445
Total Functional Expenses$2,116,791$717,537$0$2,834,328
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
Subject to proxy tax
No
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
Accrued Vacation & Bonus Payable$97,156
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Yes
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, LINE 2 - BUSINESS/FAMILY RELATIONSHIP:

Sean parker and michael polansky have a business relationship.

FORM 990, PART VI, LINE 4 - SIGNIFICANT CHANGES TO BYLAWS:

The organization amended its bylaws to provide for and identify the sole member of the corporation, and to provide further that upon the resignation, incapacity, or death of the sole member and any subsequent successor named by him or his successor(s), the directors of this corporation then serving shall become the members of this corporation.

FORM 990, PART VI, LINE 6 - EXPLANATION OF CLASSES OF MEMBERSHIP:

The corporation currently has one member.

FORM 990, PART VI, LINE 7A - HOW MEMBERS ELECT GOVERNING BODY:

The member(s) of the corporation elect(s) the directors.

FORM 990, PART VI, LINE 7B - GOVERNANCE DECISIONS:

The members of the corporation have voting rights as provided under Delaware law.

FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS:

The form 990 is reviewed by the executive director, legal counsel and accounting services. The form 990 is made available to the board of directors prior to filing.

FORM 990, PART VI, LINE 12C - MONITORING CONFLICTS OF INTERESTS:

The organization's conflict of interest policy applies to directors, officers, and key employees. The policy requires an annual disclosure of conflicts of interest as described in the policy.

FORM 990, PART VI, LINE 15A - COMPENSATION REVIEW & APPROVAL:

The board of directors approved the compensation of the executive director and senior director for policy & strategy after reviewing comparability data compiled by an independent compensation consultant for similar positions in similarly situated organziations and reviewing the compensation consultant's opinion on the reasonableness of the compensation.

FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS:

Governing documents are available upon request. Financial statements are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Economic Innovation Group Inc
EIN
46-2450336
In Care Of
% STEVEN GLICKMAN
Phone
2028393710
Address
616 H STREET NW Suite 550, WASHINGTON, DC 20001

Signing Officer

Name
Steven Glickman
Title
Executive Director
Phone
2026958255
Signed
2016-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Glickman
Formed
2013
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
12
Volunteers
0

Preparer

Firm
Bond Beebe Pc
Address
4600 EAST-WEST HIGHWAY SUITE 900, BETHESDA, MD 20814-3423
Preparer
Jacqueline Abellera
Phone
3012726000
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:consultants total fees:337834

Form 990 Part IX Line 11G

Description:public relations total fees:282586

Form 990 Part IX Line 11G

Description:recruiting total fees:80188

Form 990 Part IX Line 11G

Description:payroll fees total fees:5319

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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05696
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt012
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IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION IS PRIMARILY FOCUSED ON PUBLIC INTEREST ADVOCACY ACTIVITIES TO PROMOTE THE IDEAS, PUBLIC POLICY, AND INVESTMENT NEEDED TO DRIVE ECONOMIC GROWTH IN AMERICA. THE ORGANIZATION WILL WORK TO DEVELOP BIPARTISAN POLICY SOLUTIONS THAT UNLOCK PRIVATE SECTOR CAPITAL TO SPUR ECONOMIC GROWTH.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt01525653
IRS990/NetAssetsOrFundBalancesEOYAmt03697021
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09787
IRS990/OccupancyGrp/ProgramServicesAmt028213
IRS990/OccupancyGrp/TotalAmt038000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03133
IRS990/OfficeExpensesGrp/ProgramServicesAmt016738
IRS990/OfficeExpensesGrp/TotalAmt019871
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03002
IRS990/OtherAssetsTotalGrp/EOYAmt03000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt038042
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt031382
IRS990/OtherEmployeeBenefitsGrp/TotalAmt069424
IRS990/OtherExpensesGrp/Desc0SPONSORSHIP FEE
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2ONLINE SERVICES
IRS990/OtherExpensesGrp/Desc3LICENSE/PERMIT,NET OF REFUND
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt080000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11766
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2-445
IRS990/OtherExpensesGrp/ProgramServicesAmt011462
IRS990/OtherExpensesGrp/ProgramServicesAmt14725
IRS990/OtherExpensesGrp/TotalAmt080000
IRS990/OtherExpensesGrp/TotalAmt111462
IRS990/OtherExpensesGrp/TotalAmt26491
IRS990/OtherExpensesGrp/TotalAmt3-445
IRS990/OtherLiabilitiesGrp/BOYAmt023169
IRS990/OtherLiabilitiesGrp/EOYAmt097156
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt081223
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0248590
IRS990/OtherSalariesAndWagesGrp/TotalAmt0329813
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011969
IRS990/PayrollTaxesGrp/ProgramServicesAmt036668
IRS990/PayrollTaxesGrp/TotalAmt048637
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0821
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02673
IRS990/PensionPlanContributionsGrp/TotalAmt03494
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09938
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015306
IRS990/PrincipalOfficerNm0STEVEN GLICKMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01500000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01583
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0593784
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0232502
IRS990/PYSalariesCompEmpBnftPaidAmt0675297
IRS990/PYTotalExpensesAmt01269081
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01501583
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02171368
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01573078
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03500311
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
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt097156
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED VACATION & BONUS PAYABLE
IRS990ScheduleD/TotalLiabilityAmt097156
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0303543
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1272513
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount063788
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount137800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt013250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt113250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07917
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt120997
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEVEN GLICKMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JOHN LETTIERI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SR. DIRECTOR POLICY & STRATEGY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0388498
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1344560
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
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IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEAN PARKER AND MICHAEL POLANSKY HAVE A BUSINESS RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization amended its bylaws to provide for and identify the sole member of the corporation, and to provide further that upon the resignation, incapacity, or death of the sole member and any subsequent successor named by him or his successor(s), the directors of this corporation then serving shall become the members of this corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION CURRENTLY HAS ONE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The member(s) of the corporation elect(s) the directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The members of the corporation have voting rights as provided under Delaware law.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, LEGAL COUNSEL AND ACCOUNTING SERVICES. THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO DIRECTORS, OFFICERS, AND KEY EMPLOYEES. THE POLICY REQUIRES AN ANNUAL DISCLOSURE OF CONFLICTS OF INTEREST AS DESCRIBED IN THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS APPROVED THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND SENIOR DIRECTOR FOR POLICY & STRATEGY AFTER REVIEWING COMPARABILITY DATA COMPILED BY AN INDEPENDENT COMPENSATION CONSULTANT FOR SIMILAR POSITIONS IN SIMILARLY SITUATED ORGANZIATIONS AND REVIEWING THE COMPENSATION CONSULTANT'S OPINION ON THE REASONABLENESS OF THE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DESCRIPTION:CONSULTANTS TOTAL FEES:337834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DESCRIPTION:PUBLIC RELATIONS TOTAL FEES:282586
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DESCRIPTION:RECRUITING TOTAL FEES:80188
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DESCRIPTION:PAYROLL FEES TOTAL FEES:5319
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 2 - BUSINESS/FAMILY RELATIONSHIP:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 4 - SIGNIFICANT CHANGES TO BYLAWS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, LINE 6 - EXPLANATION OF CLASSES OF MEMBERSHIP:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, LINE 7A - HOW MEMBERS ELECT GOVERNING BODY:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, LINE 7B - GOVERNANCE DECISIONS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, LINE 12C - MONITORING CONFLICTS OF INTERESTS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, LINE 15A - COMPENSATION REVIEW & APPROVAL:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990 PART IX LINE 11G

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