Civic Intelligence

Americans for Prosperity

990 • Fiscal year 2021 • EIN 75-3148958

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

1310 N COURTHOUSE RD Suite 700Arlington, VA 22201

(703) 224-3200

Siviq Scores

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

Liabilities / Assets

68th percentile

0.45x

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

2021 filings • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

31st percentile

0.14x

Higher debt load relative to revenue than 31% of similar nonprofits.

2021 filings • $100M-$250M nonprofits • Source year 2021

Net Margin

57th percentile

14%

Higher net margin than 57% of similar nonprofits.

2021 filings • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$737,667

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2021 filings • $100M-$250M nonprofits • Source year 2021

Asset Growth

97th percentile

130%

Faster asset growth than 97% of similar nonprofits.

2021 filings • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

84th percentile

76%

Faster revenue growth than 84% of similar nonprofits.

2021 filings • $100M-$250M nonprofits • Annualized from 2020 to 2021

Assets

Up

$36,122,323

Up $20,428,814 (+130%) from 2020

Net Assets

Up

$19,928,957

Up $16,471,860 (+476%) from 2020

Liabilities

Up

$16,193,366

Up $3,956,954 (+32%) from 2020

Revenue

Up

$113,776,550

Up $49,230,212 (+76%) from 2020

Expenses

Up

$97,304,690

Up $18,975,634 (+24%) from 2020

Net Income

Up

$16,471,860

Up $30,254,578 (+220%) from 2020

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0-$20MAssets 2011: $8,890,280Liabilities 2011: $937,978Net Assets 2011: $7,952,3022011Assets 2012: $2,502,380Liabilities 2012: $1,674,385Net Assets 2012: $827,9952012Assets 2013: $12,656,629Liabilities 2013: $2,374,487Net Assets 2013: $10,282,1422013Assets 2014: $7,611,462Liabilities 2014: $5,059,270Net Assets 2014: $2,552,1922014Assets 2015: $6,887,540Liabilities 2015: $5,680,696Net Assets 2015: $1,206,8442015Assets 2016: $11,076,564Liabilities 2016: $4,153,624Net Assets 2016: $6,922,9402016Assets 2017: $15,506,343Liabilities 2017: $2,693,013Net Assets 2017: $12,813,3302017Assets 2018: $22,419,326Liabilities 2018: $2,677,640Net Assets 2018: $19,741,6862018Assets 2019: $21,995,158Liabilities 2019: $4,755,343Net Assets 2019: $17,239,8152019Assets 2020: $15,693,509Liabilities 2020: $12,236,412Net Assets 2020: $3,457,0972020Assets 2021: $36,122,323Liabilities 2021: $16,193,366Net Assets 2021: $19,928,9572021Assets 2022: $16,548,828Liabilities 2022: $20,225,819Net Assets 2022: -$3,676,9912022Assets 2023: $44,964,046Liabilities 2023: $30,321,991Net Assets 2023: $14,642,0552023Assets 2024: $60,720,666Liabilities 2024: $23,787,022Net Assets 2024: $36,933,6442024

Highlighted filing

2021

Assets$36,122,323
Liabilities$16,193,366
Net Assets$19,928,957

Operations Trend

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

$300M$200M$100M$0-$100MRevenue 2011: $25,606,023Expenses 2011: $17,697,139Net Income 2011: $7,908,8842011Revenue 2012: $115,126,635Expenses 2012: $122,250,942Net Income 2012: -$7,124,3072012Revenue 2013: $44,245,689Expenses 2013: $34,791,542Net Income 2013: $9,454,1472013Revenue 2014: $82,682,125Expenses 2014: $90,412,075Net Income 2014: -$7,729,9502014Revenue 2015: $44,382,585Expenses 2015: $45,727,933Net Income 2015: -$1,345,3482015Revenue 2016: $64,022,276Expenses 2016: $58,306,180Net Income 2016: $5,716,0962016Revenue 2017: $57,578,959Expenses 2017: $51,688,505Net Income 2017: $5,890,4542017Revenue 2018: $96,544,184Expenses 2018: $89,615,828Net Income 2018: $6,928,3562018Revenue 2019: $54,497,443Expenses 2019: $56,999,314Net Income 2019: -$2,501,8712019Revenue 2020: $64,546,338Expenses 2020: $78,329,056Net Income 2020: -$13,782,7182020Revenue 2021: $113,776,550Expenses 2021: $97,304,690Net Income 2021: $16,471,8602021Revenue 2022: $112,498,519Expenses 2022: $136,103,095Net Income 2022: -$23,604,5762022Revenue 2023: $186,359,205Expenses 2023: $168,040,159Net Income 2023: $18,319,0462023Revenue 2024: $223,706,334Expenses 2024: $201,414,745Net Income 2024: $22,291,5892024

Highlighted filing

2021

Revenue$113,776,550
Expenses$97,304,690
Net Income$16,471,860
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$114,282,045
Mission and Program Overview

Mission

Educate U.S. citizens about the impact of sound economic policy on the nation's economy and social structure, and mobilize citizens to be involved in fiscal matters.

Mobilize americans to advocate for solutions that expand freedom and opportunity to unleash prosperity for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$12,619,314$33,199,612▲ $20,580,298
Cash and Non-Interest-Bearing Accounts$1,615,175$1,989,067▲ $373,892
Prepaid Expenses and Deferred Charges$862,746$478,550▼ $384,196
Accounts Receivable$207,422$18,695▼ $188,727
Land, Buildings, and Equipment, Net$1,104$0▼ $1,104
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
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$15,693,509$36,122,323▲ $20,428,814
Other Assets Total$387,748$436,399▲ $48,651
Liabilities
Accounts Payable and Accrued Expenses$9,322,432$12,843,305▲ $3,520,873
Other Liabilities$2,694,130$3,332,504▲ $638,374
Deferred Revenue$219,850$17,557▼ $202,293
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$12,236,412$16,193,366▲ $3,956,954
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,333,867$19,807,153▲ $16,473,286
Net Assets With Donor Restrictions$123,230$121,804▼ $1,426
Total Net Assets Fund Balance$3,457,097$19,928,957▲ $16,471,860
Total Liabilities and Net Assets / Fund Balance$15,693,509$36,122,323▲ $20,428,814

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$2,198$2,198
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Emily SeidelCEOFT$205,730$421,287$627,017
Tim PhillipsPresident (outgoing)FT$253,923$268,662$522,585
Brent GardnerChief Govt Affairs OfficerFT$204,827$176,739$381,566
Jorge LimaSenior VP of PolicyFT$177,720$170,341$348,061
Chase DownhamSenior VP of GrassrootsFT$173,611$173,248$346,859
Nathan NascimentoExecutive Vice PresidentFT$175,486$128,659$304,145
Derrick SontagVP of State OperationsFT$171,325$109,917$281,242
Daniel GarzaPresident, LibreFT$164,536$100,796$265,332

Board Members and Trustees

NameTitle
Mark HoldenChairman
James DavisDirector
Jeff OgarSecretary
Rob JentgensTreasurer (incoming)
Alex VarbanTreasurer/VP (outgoing)

Highest Paid Contractors

ContractorServicesLocationCompensation
Stand Together CommunicationsMedia Production1320 N COURTHOUSE RD SUITE 200, Arlington, VA 22201$16,843,469
i360 llcData Services2300 clarendon blvd SUITE 800, Arlington, VA 22201$16,019,661
Campaign HeadquartersConsulting700 E PLEASANT ST PO BOX 257, Brooklyn, IA 52211$3,628,566
People Who Think LLCPrinting4250 HWY 22 STE 7, Mandeville, LA 70471$1,335,063
Canvass AmericaConsulting45 N HILL DR STE 100, Warrenton, VA 20186$966,000
Revenue and Support

Revenue Composition

Contributions and Grants
$112,887,776
Program Service Revenue
$209,122
Investment Income
$21,620
Other Revenue
$658,032
All Other Contributions
$112,887,776
Change in Net Assets
$16,471,860

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$505,495Fair Market Value (FMV)
Total Noncash Contributions4$505,495-

Audited Revenue Reconciliation

Revenue per Audited Statements
$113,776,550
Revenue Not Reported on Form 990
$18,818,522
Total Revenue per Audited Statements
$132,595,072
Total Revenue per Form 990
$113,776,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$61,496,845
Salaries, Compensation, and Employee Benefits$35,497,345
Total Fundraising Expense$2,202,284
Grants and Similar Amounts Paid$310,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$15,434,769$15,310,178$1,296,968$32,041,915
Other Salaries and Wages$28,189,449$576,073-$28,765,522
Advertising$12,532,165$146,403$136,861$12,815,429
Office Expenses$4,450,942$58,736$653,450$5,163,128
Travel$4,157,237$171,529-$4,328,766
Payroll Taxes$2,654,023$143,233-$2,797,256
Occupancy$2,188,935$525,521-$2,714,456
Conferences and Meetings$2,530,262$52,271-$2,582,533
Pension Plan Contributions$943,291$455,628-$1,398,919
Other Employee Benefits$1,211,192$174,854-$1,386,046
Current Officers, Directors, Trustees, and Key Employees$1,115,967$33,635-$1,149,602
Fees for Services Legal$41,689$527,072-$568,761
Grants to Domestic Orgs$310,500--$310,500
Information Technology$158,888$1,804-$160,692
Other Expenses$30,043$45,905$112,677$75,948
All Other Expenses$20,309$312-$20,621
Total Functional Expenses$76,872,887$18,229,519$2,202,284$97,304,690

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$116,123,212
Expenses per Audited Statements$97,304,690
Total Expenses per Form 990$97,304,690
Expenses Not Reported on Form 990$18,818,522
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
America Is BetterWashington, DC501(c)(4)General Support$160,000
INDEPENDENT WOMEN'S FORUMWashington, DC501(c)(3)General Support$50,000
Associated Builders & Contractors IncCharleston, WV501(c)(6)General Support$25,500
Center of the American ExperimentGolden Valley, MN501(c)(3)General Support$20,000
Jersey FirstMorristown, NJ501(c)(4)General Support$15,000
West Virginia Manufacturers AssociationCharleston, WV501(c)(6)General Support$15,000
Young VoicesWashington, DC501(c)(3)General Support$15,000
Coastal Virginia Chamber of CommerceVirginia Beach, VA501(c)(6)General Support$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$5,565,319
Section 527 Activity Spending$5,565,319
Total Exempt Function Spending$5,565,319
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
See Part V----

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 AFFILIATES$3,332,504
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 35% controlled entity
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

Several members of the board of directors are on the executive committee of the afp board of directors. Under the afp bylaws and board resolution, the executive committee may exercise the powers of the board when the board is not in session, but must report its actions to the board at the next board meeting. The executive committee may not: (1) amend, alter, or repeal the organization's bylaws or articles of incorporation; (2) elect, appoint, or remove any officer or director; or (3) authorize the disposition of any of the organization's property and assets. One director resigned shortly before year end, leaving a vacancy on the board of directors. That vacancy was filled in 2022, and the board currently has three members.

Form 990, Part VI, Section A, Line 2

Jeff ogar and mark holden have a business relationship.

Form 990, Part VI, Section A, Line 7A

The directors are appointed by americans for prosperity foundation (afpf), a related 501(c)(3) organization.

Form 990, Part VI, Section A, Line 7B

Americans for prosperity foundation (afpf) board of directors must approve any changes to the articles of incorporation and the bylaws. Also, a director of afp may be removed by action of the board of directors of afpf.

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

An independent accounting firm prepared and reviewed the form 990. A full draft of the 990 along with all required schedules is then provided to board members, internal management, and legal counsel for review. All questions are addressed and any modifications are made, if necessary.

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

The organization has in place a conflict of interest policy covering all staff, directors and officers that it monitors through the quarterly meetings of the board of directors' audit committee and an annual employee survey. Should a conflict be disclosed, it is addressed by company management or the board, as appropriate.

Form 990, Part VI, Section B, Line 15

The chief executive officer reviews and approves compensation for officers and other key employees, informed by the compensation studies performed by human resources. The compensation committee reviews and approves compensation for the chief executive officer, as well as providing feedback and challenge (and in some cases approval) for compensation changes for key employees.

Form 990, Part VI, Section C, Line 19

The organization makes all required disclosures available to the public under irs regulations.

Form 990, Part V, Line 2A, Part VII, Part IX, Lines 5-10 and Schedule J

Certain employees of americans for prosperity may perform services for americans for prosperity foundation, a related organization, through a service contract between the organizations where the service recipient organization pays the service provider organization arm's length payments for such services; and certain employees of americans for prosperity foundation may perform services for americans for prosperity through a service contract between the organizations where the service recipient organization pays the service provider organization arm's length payments for such services. To reflect the service arrangement, compensation has been shown in proportion to the hours provided by respective organization employees in proportion to the hours performed for each organization through the service contracts and aggregate compensation amounts are reported on the employees' form w-2 issued by his or her employer.

Form 990, Part VIII, Line 7A & 7B

The organization has a policy whereby all contributed securities are immediately sold through the broker that receives those contributions on the organization's behalf.

Filing and Contact Details

Filer

Filer Name
Americans for Prosperity
EIN
75-3148958
In Care Of
% KARA HARTNETT
Phone
7032243200
Address
1310 N COURTHOUSE RD Suite 700, ARLINGTON, VA 22201

Signing Officer

Name
Rob Jentgens
Title
Treasurer
Phone
7032243200
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Seidel
Formed
2004
Legal Domicile
Dc
Voting Board Members
2
Independent Board Members
2
Employees
489
Volunteers
1,957

Preparer

Firm
Forvis Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Americans for prosperity exists to educate and mobilize americans to advocate for solutions that expand freedom and opportunity, with a focus on addressing unsustainable government spending and debt, reforming the health care, immigration, and criminal justice systems, protecting civil liberties, and building an economy where everyone has an opportunity to find success.

Form 990 Part IX Line 11G

Description:prof fees - consulting total fees:27434978

Form 990 Part IX Line 11G

Description:contractors total fees:4606937

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IRS990/Desc0EDUCATE AND MOBILIZE AMERICANS TO ADVOCATE FOR SOLUTIONS THAT EXPAND FREEDOM AND OPPORTUNITY, WITH A FOCUS ON ADDRESSING UNSUSTAINABLE GOVERNMENT SPENDING AND DEBT, REFORMING THE HEALTH CARE, IMMIGRATION, AND CRIMINAL JUSTICE SYSTEMS, PROTECTING CIVIL LIBERTIES, AND BUILDING AN ECONOMY WHERE EVERYONE HAS AN OPPORTUNITY TO FIND SUCCESS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt7VP OF STATE OPERATIONS
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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.$60.7$23.8$36.9$224$201$22.3
2023Detailed filing. Detailed filing data is available for this year.$45.0$30.3$14.6$186$168$18.3
2022Detailed filing. Detailed filing data is available for this year.$16.5$20.2$3.68$112$136$23.6
2021Detailed filing. Detailed filing data is available for this year.$36.1$16.2$19.9$114$97.3$16.5
2020Detailed filing. Detailed filing data is available for this year.$15.7$12.2$3.46$64.5$78.3$13.8
2019Detailed filing. Detailed filing data is available for this year.$22.0$4.76$17.2$54.5$57.0$2.50
2018Detailed filing. Detailed filing data is available for this year.$22.4$2.68$19.7$96.5$89.6$6.93
2017Detailed filing. Detailed filing data is available for this year.$15.5$2.69$12.8$57.6$51.7$5.89
2016Detailed filing. Detailed filing data is available for this year.$11.1$4.15$6.92$64.0$58.3$5.72
2015Detailed filing. Detailed filing data is available for this year.$6.89$5.68$1.21$44.4$45.7$1.35
2014Detailed filing. Detailed filing data is available for this year.$7.61$5.06$2.55$82.7$90.4$7.73
2013Detailed filing. Detailed filing data is available for this year.$12.7$2.37$10.3$44.2$34.8$9.45
2012Summary only. Only limited summary data is available for this year.$2.50$1.67$0.83$115$122$7.12
2011Summary only. Only limited summary data is available for this year.$8.89$0.94$7.95$25.6$17.7$7.91