Civic Intelligence

Speech First Inc.

990 • Fiscal year 2020 • EIN 82-3599047

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

1300 I St NW Ste 400EWashington, DC 20005

(571) 766-6883

Siviq Scores

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

Liabilities / Assets

29th percentile

0.02x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$188,900

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

99th percentile

852%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

91st percentile

82%

Faster revenue growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$360,527

Up $322,660 (+852%) from 2019

Net Assets

Up

$354,676

Up $622,209 (+233%) from 2019

Liabilities

Down

$5,851

Down $299,549 (-98%) from 2019

Revenue

Up

$2,294,011

Up $1,031,371 (+82%) from 2019

Expenses

Up

$1,671,802

Up $114,961 (+7.4%) from 2019

Net Income

Up

$622,209

Up $916,410 (+311%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2017: $250,000Liabilities 2017: $0Net Assets 2017: $250,0002017Assets 2018: $33,993Liabilities 2018: $7,325Net Assets 2018: $26,6682018Assets 2019: $37,867Liabilities 2019: $305,400Net Assets 2019: -$267,5332019Assets 2020: $360,527Liabilities 2020: $5,851Net Assets 2020: $354,6762020Assets 2021: $350,578Liabilities 2021: $5,011Net Assets 2021: $345,5672021Assets 2022: $543,967Liabilities 2022: $25,431Net Assets 2022: $518,5362022Assets 2023: $776,504Liabilities 2023: $61,363Net Assets 2023: $715,1412023Assets 2024: $1,449,583Liabilities 2024: $203,956Net Assets 2024: $1,245,6272024

Highlighted filing

2020

Assets$360,527
Liabilities$5,851
Net Assets$354,676

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $250,000Expenses 2017: $0Net Income 2017: $250,0002017Revenue 2018: $1,253,461Expenses 2018: $1,476,793Net Income 2018: -$223,3322018Revenue 2019: $1,262,640Expenses 2019: $1,556,841Net Income 2019: -$294,2012019Revenue 2020: $2,294,011Expenses 2020: $1,671,802Net Income 2020: $622,2092020Revenue 2021: $2,272,281Expenses 2021: $2,281,390Net Income 2021: -$9,1092021Revenue 2022: $2,325,417Expenses 2022: $2,152,448Net Income 2022: $172,9692022Revenue 2023: $2,596,032Expenses 2023: $2,399,427Net Income 2023: $196,6052023Revenue 2024: $2,800,339Expenses 2024: $2,269,853Net Income 2024: $530,4862024

Highlighted filing

2020

Revenue$2,294,011
Expenses$1,671,802
Net Income$622,209
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$2,294,011
Mission and Program Overview

Mission

Speech first's mission is to support students who seek to protect their rights to free speech, expression or association. By joining together, the speech first community is an assurance to students that they will not fight these battles lone, they will find support every step of the way; on campus, in the courts and in the media.

Speech first's mission is to support students who seek to protect their rights to free speech, expression or association. By joining together, the speech first community is an assurance to students that they will not fight these battles alone, they will find support every step of the way; on campus, in the courts and in the media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$33,891$358,581▲ $324,690
Prepaid Expenses and Deferred Charges$3,815$1,785▼ $2,030
Total Assets$37,867$360,527▲ $322,660
Other Assets Total$161$161→ $0
Liabilities
Accounts Payable and Accrued Expenses$305,400$5,851▼ $299,549
Total Liabilities$305,400$5,851▼ $299,549
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-267,533$354,676▲ $622,209
Total Net Assets Fund Balance$-267,533$354,676▲ $622,209
Total Liabilities and Net Assets / Fund Balance$37,867$360,527▲ $322,660
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicole NeilyPresident, SFT$182,300$6,600$188,900
Nicole NeilyPresident, Secretary-$182,300$6,600$188,900

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Consovoy Mccarthy Park PllcLegal Services1600 WILSON BOULEVARD STE 700, Arlington, VA 22209$1,350,000
Revenue and Support

Revenue Composition

Contributions and Grants
$2,294,011
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,292,311
Change in Net Assets
$622,209

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,294,011
Total Revenue per Audited Statements
$2,294,011
Total Revenue per Form 990
$2,294,011
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,416,527
Salaries, Compensation, and Employee Benefits$255,275
Total Fundraising Expense$72,586
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$1,082,293--$1,082,293
Current Officers, Directors, Trustees, and Key Employees$120,569$28,344$33,387$182,300
Other Salaries and Wages$38,823$4,239$5,202$48,264
Fees for Services Other--$27,921$27,921
Fees for Services Accounting-$19,601-$19,601
Payroll Taxes$11,648$2,394$2,415$16,457
Other Employee Benefits$4,933$1,955$1,366$8,254
Conferences and Meetings$4,397$1,034$1,217$6,648
Travel$3,894$916$1,078$5,888
Office Expenses-$5,573-$5,573
Insurance-$3,388-$3,388
Other Expenses$236,098$676-$676
Total Functional Expenses$1,502,655$96,561$72,586$1,671,802

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,671,802
Total Expenses per Audited Statements$1,671,802
Total Expenses per Form 990$1,671,802
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
No
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
No
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
Yes
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, Page 6, Part VI, Line 6

Any individual who seeks to support the organization, pays membership dues, if any, and meets any additional standards and procedures that may be established by the board of directors is eligible to become a member.

Form 990, Page 6, Part VI, Line 7A

Up to four directors are elected by the board. One director may be elected by the members.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the board prior to submission to the irs.

Form 990, Page 6, Part VI, Line 12C

Directors and officers are required to review the conflict of interest policy and disclose any conflicts on an annual basis.

Form 990, Page 6, Part VI, Line 15A

Compensation of the president is reviewed annually by the board of directors and is established based on available data of compensation at similarly-sized organizations.

Form 990, Page 6, Part VI, Line 17

Minnesota, mississippi, missouri, new hampshire, new jersey, new mexico, new york, north carolina, oregon, pennsylvania, rhode island, south carolina, tennessee, utah, virginia, west virginia, wisconsin

Form 990, Page 6, Part VI, Line 19

The organization does not make its governing documents or conflict of interest policy available to the public. The organization's form 990 and exemption application are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Speech First Inc
EIN
82-3599047
Phone
5717666883
Address
1300 I ST NW STE 400E, WASHINGTON, DC 20005

Signing Officer

Name
Nicole Neily
Title
President, Secretary
Phone
5717666883
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Neily
Formed
2017
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
5
Employees
4

Preparer

Firm
Jansen Valk Thompson & Reahm Pc
Address
7171 STADIUM DR, KALAMAZOO, MI 49009-4943
Preparer
Rhonda L Newman
Phone
2693817600
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Speech first's mission is to support students who seek to protect their rights to free speech, expression or association. By joining together, the speech first community is an assurance to students that they will not fight these battles alone, they will find support every step of the way; on campus, in the courts and in the media.

Form 990, Page 2, Part III, Line 4A

Speech first defends students' free speech rights on campus through litigation, advocacy, and education. In fy20, speech first filed three motions to intervene in federal title ix lawsuits, filed and settled a federal lawsuit against iowa state university, settled its lawsuit against the university of texas, and continued its litigation against the university of illinois, alleging that various policies violated students' first amendment rights through overbroad, vague policies designed to chill student speech and expression. President nicole neily appeared on tv 30 times, did 55 radio interviews, placed 6 opeds, was quoted in 95 news articles, and spoke at 2 events. On a regular basis, neily speaks and meets with student groups and individual activists and visits campuses around the country.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPEECH FIRST'S MISSION IS TO SUPPORT STUDENTS WHO SEEK TO PROTECT THEIR RIGHTS TO FREE SPEECH, EXPRESSION OR ASSOCIATION. BY JOINING TOGETHER, THE SPEECH FIRST COMMUNITY IS AN ASSURANCE TO STUDENTS THAT THEY WILL NOT FIGHT THESE BATTLES ALONE, THEY WILL FIND SUPPORT EVERY STEP OF THE WAY; ON CAMPUS, IN THE COURTS AND IN THE MEDIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SPEECH FIRST DEFENDS STUDENTS' FREE SPEECH RIGHTS ON CAMPUS THROUGH LITIGATION, ADVOCACY, AND EDUCATION. IN FY20, SPEECH FIRST FILED THREE MOTIONS TO INTERVENE IN FEDERAL TITLE IX LAWSUITS, FILED AND SETTLED A FEDERAL LAWSUIT AGAINST IOWA STATE UNIVERSITY, SETTLED ITS LAWSUIT AGAINST THE UNIVERSITY OF TEXAS, AND CONTINUED ITS LITIGATION AGAINST THE UNIVERSITY OF ILLINOIS, ALLEGING THAT VARIOUS POLICIES VIOLATED STUDENTS' FIRST AMENDMENT RIGHTS THROUGH OVERBROAD, VAGUE POLICIES DESIGNED TO CHILL STUDENT SPEECH AND EXPRESSION. PRESIDENT NICOLE NEILY APPEARED ON TV 30 TIMES, DID 55 RADIO INTERVIEWS, PLACED 6 OPEDS, WAS QUOTED IN 95 NEWS ARTICLES, AND SPOKE AT 2 EVENTS. ON A REGULAR BASIS, NEILY SPEAKS AND MEETS WITH STUDENT GROUPS AND INDIVIDUAL ACTIVISTS AND VISITS CAMPUSES AROUND THE COUNTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY INDIVIDUAL WHO SEEKS TO SUPPORT THE ORGANIZATION, PAYS MEMBERSHIP DUES, IF ANY, AND MEETS ANY ADDITIONAL STANDARDS AND PROCEDURES THAT MAY BE ESTABLISHED BY THE BOARD OF DIRECTORS IS ELIGIBLE TO BECOME A MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UP TO FOUR DIRECTORS ARE ELECTED BY THE BOARD. ONE DIRECTOR MAY BE ELECTED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED BY THE BOARD PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DIRECTORS AND OFFICERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY CONFLICTS ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION OF THE PRESIDENT IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AND IS ESTABLISHED BASED ON AVAILABLE DATA OF COMPENSATION AT SIMILARLY-SIZED ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MINNESOTA, MISSISSIPPI, MISSOURI, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WEST VIRGINIA, WISCONSIN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE ORGANIZATION'S FORM 990 AND EXEMPTION APPLICATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JANSEN VALK THOMPSON & REAHM PC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KALAMAZOO
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RHONDA L NEWMAN
ReturnHeader/ReturnTs02021-11-15T15:22:29-06:00
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