Civic Intelligence

Fdd Action

990 • Fiscal year 2021 • EIN 83-2602916

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 19, 2022

1800 M Street NW 800SWashington, DC 20036-5876

(202) 207-0190

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$446,838

Up $398,967 (+833%) from 2020

Net Assets

Up

$420,491

Up $451,906 (+1439%) from 2020

Liabilities

Down

$26,347

Down $52,939 (-67%) from 2020

Revenue And Expenses

Revenue

Up

$980,369

Up $513,769 (+110%) from 2020

Expenses

Up

$528,463

Up $17,922 (+3.5%) from 2020

Net Income

Up

$451,906

Up $495,847 (+1128%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2019: $37,104Liabilities 2019: $24,578Net Assets 2019: $12,5262019Assets 2020: $47,871Liabilities 2020: $79,286Net Assets 2020: -$31,4152020Assets 2021: $446,838Liabilities 2021: $26,347Net Assets 2021: $420,4912021Assets 2022: $623,419Liabilities 2022: $170,891Net Assets 2022: $452,5282022Assets 2024: $607,533Liabilities 2024: $543,241Net Assets 2024: $64,2922024

Highlighted filing

2021

Assets$446,838
Liabilities$26,347
Net Assets$420,491

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $230,000Expenses 2019: $166,496Net Income 2019: $63,5042019Revenue 2020: $466,600Expenses 2020: $510,541Net Income 2020: -$43,9412020Revenue 2021: $980,369Expenses 2021: $528,463Net Income 2021: $451,9062021Revenue 2022: $745,854Expenses 2022: $713,817Net Income 2022: $32,0372022Revenue 2024: $1,775,956Expenses 2024: $2,094,156Net Income 2024: -$318,2002024

Highlighted filing

2021

Revenue$980,369
Expenses$528,463
Net Income$451,906
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 19, 2022
Return Version
2021v4.2
Gross Receipts
$1,005,433
Mission and Program Overview

Mission

Fdd action is a non-profit, non-partisan 501(c)(4) organization established to advocate for effective policies to promote u.s. National security and defend free nations.

Advocate for effective policies to promote U.S. national security and defend free nations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,312$428,067▲ $393,755
Prepaid Expenses and Deferred Charges$13,425$18,771▲ $5,346
Accounts Receivable$134$0▼ $134
Total Assets$47,871$446,838▲ $398,967
Liabilities
Accounts Payable and Accrued Expenses$21,179$24,684▲ $3,505
Other Liabilities$58,107$1,663▼ $56,444
Total Liabilities$79,286$26,347▼ $52,939
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-31,415$420,491▲ $451,906
Total Net Assets Fund Balance$-31,415$420,491▲ $451,906
Total Liabilities and Net Assets / Fund Balance$47,871$446,838▲ $398,967
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tyler StapletonDirector of Congressional RelationsFT$110,173$20,930$131,103
Maseh ZarifDirector of Congressional RelationsFT$111,173$13,602$124,775
Toby DershowitzSenior Vice PresidentPT$36,000$529,020$36,000
William McCarthySecretary/Treasurer-$2,450$533,133$2,450
Clifford MayPresident-$163$697,977$163

Board Members and Trustees

NameTitle
Lawrence MuscantVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$980,264
Program Service Revenue
$0
Investment Income
$104
Other Revenue
$1
All Other Contributions
$680,264
Change in Net Assets
$451,906

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 Traded1$25,064Fair Market Value (FMV) (Avg high/low)
Total Noncash Contributions1$25,064-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$412,879
Other Expenses$115,584
Total Fundraising Expense$4,532
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$289,034$5,994$768$295,796
Other Employee Benefits$38,430$797$102$39,329
Current Officers, Directors, Trustees, and Key Employees$37,730$783$100$38,613
Office Expenses$25,659$1,277$1,498$28,434
Payroll Taxes$27,311$566$73$27,950
Occupancy$22,725$829$107$23,661
Information Technology$17,223$297$38$17,558
Insurance$13,083$55$7$13,145
Depreciation Depletion$11,573$246$32$11,851
Fees for Services Other$11,565$19$3$11,587
Pension Plan Contributions$10,935$227$29$11,191
Fees for Services Legal$3,822$392$1,775$5,989
Fees for Services Accounting-$3,000-$3,000
Conferences and Meetings$268--$268
Travel$91--$91
Total Functional Expenses$509,449$14,482$4,532$528,463
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany payable$1,663
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A complete draft of Form 990 was provided to all Board Members for review before submitting to the IRS.

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

FDD Action asks those covered by the Conflict of Interest Policy to complete a disclosure form annually. In the case that they do have an actual or potential conflict of interest, they are asked to promptly disclose all pertinent facts to the President, the CEO or the Chairman of the Board.

Form 990, Part VI, Section B, line 15

The Compensation Committee of FDD, a related organization, reviews, sets, and approves salary and bonuses for the President and CEO. Quatt & Associates conducted a compensation study to assist the Compensation Committee in setting compensation for the President and CEO. Minutes are taken of the meeting and decisions are confirmed via email. Compensation for other officers is recommended by the President and CEO, and reviewed and approved by the Compensation Committee. Quatt & Associates conducted a compensation study for FDD to assist the President, CEO, and the Compensation Committee in setting and approving compensation for the other officers. Salary and bonus recommendations for other officers are documented in writing by the President and CEO, which are then provided to the Compensation Committee. The Compensation Committee's review and approval of the recommendations is included in the Compensation Committee minutes and confirmed by email.

Form 990, Part VI, Section C, line 19

The governing documents, Conflict of Interest Policy and Form 990 are available upon request.

Filing and Contact Details

Filer

Filer Name
FDD Action
EIN
83-2602916
Phone
2022070190
Address
1800 M Street NW 800S, Washington, DC 20036-5876

Signing Officer

Name
William McCarthy
Title
Secretary & Treasurer
Phone
2022070190
Signed
2022-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William McCarthy
Formed
2018
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
0
Employees
4
Volunteers
3

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 XII, Line 2C:

No change from prior year.

Financial Statement Notes

Part X, Line 2:

Management has evaluated the Foundation's tax positions and concluded that the consolidated financial statements do not include any uncertain tax positions.

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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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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3347550
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt18700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt28700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt38700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt029385
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt138712
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt213251
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt35049
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt028735
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt119800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt221480
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt321834
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Clifford May
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Lawrence Muscant
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Toby Dershowitz
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3William McCarthy
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Senior Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Secretary/Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0163
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt236000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt32450
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0697977
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1567661
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2529020
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3533133
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0FDD Action's related organization, FDD, uses the following methods to establish the compensation of its President: Compensation committee; Independent compensation consultant; Form 990 of other organizations; Written employment contract; Compensation survey; and Approval by the compensation committee
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 3:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV (Avg high/low)
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt025064
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A complete draft of Form 990 was provided to all Board Members for review before submitting to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FDD Action asks those covered by the Conflict of Interest Policy to complete a disclosure form annually. In the case that they do have an actual or potential conflict of interest, they are asked to promptly disclose all pertinent facts to the President, the CEO or the Chairman of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Compensation Committee of FDD, a related organization, reviews, sets, and approves salary and bonuses for the President and CEO. Quatt & Associates conducted a compensation study to assist the Compensation Committee in setting compensation for the President and CEO. Minutes are taken of the meeting and decisions are confirmed via email. Compensation for other officers is recommended by the President and CEO, and reviewed and approved by the Compensation Committee. Quatt & Associates conducted a compensation study for FDD to assist the President, CEO, and the Compensation Committee in setting and approving compensation for the other officers. Salary and bonus recommendations for other officers are documented in writing by the President and CEO, which are then provided to the Compensation Committee. The Compensation Committee's review and approval of the recommendations is included in the Compensation Committee minutes and confirmed by email.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents, Conflict of Interest Policy and Form 990 are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No change from prior year.
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 B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Foundation for the Defense of Democracies Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0134174402
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Research institute focusing on foreign policy and national security
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01800 M Street NW Suite 800S
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Washington
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0200365876
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00

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