Civic Intelligence

Fdd Action

990 • Fiscal year 2022 • EIN 83-2602916

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 18, 2023

1800 M Street NW 800SWashington, DC 20036-5876

(202) 207-0190

Siviq Scores

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

Liabilities / Assets

78th percentile

0.27x

Higher debt load relative to assets than 78% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

0.23x

Higher debt load relative to revenue than 70% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Net Margin

45th percentile

4.3%

Higher net margin than 45% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

100th percentile

$717,088

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 96.1% of source-year revenue.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Asset Growth

90th percentile

40%

Faster asset growth than 90% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-24%

Faster revenue growth than 15% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$623,419

Up $575,548 (+1202%) from 2020

Net Assets

Up

$452,528

Up $483,943 (+1540%) from 2020

Liabilities

Up

$170,891

Up $91,605 (+116%) from 2020

Revenue

Up

$745,854

Up $279,254 (+60%) from 2020

Expenses

Up

$713,817

Up $203,276 (+40%) from 2020

Net Income

Up

$32,037

Up $75,978 (+173%) 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 2022: $623,419Liabilities 2022: $170,891Net Assets 2022: $452,5282022Assets 2024: $607,533Liabilities 2024: $543,241Net Assets 2024: $64,2922024

Highlighted filing

2022

Assets$623,419
Liabilities$170,891
Net Assets$452,528

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 2022: $745,854Expenses 2022: $713,817Net Income 2022: $32,0372022Revenue 2024: $1,775,956Expenses 2024: $2,094,156Net Income 2024: -$318,2002024

Highlighted filing

2022

Revenue$745,854
Expenses$713,817
Net Income$32,037
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 18, 2023
Return Version
2022v5.0
Gross Receipts
$745,854
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$428,067$588,035▲ $159,968
Prepaid Expenses and Deferred Charges$18,771$35,384▲ $16,613
Total Assets$446,838$623,419▲ $176,581
Liabilities
Other Liabilities$1,663$129,793▲ $128,130
Accounts Payable and Accrued Expenses$24,684$41,098▲ $16,414
Total Liabilities$26,347$170,891▲ $144,544
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$420,491$452,528▲ $32,037
Total Net Assets Fund Balance$420,491$452,528▲ $32,037
Total Liabilities and Net Assets / Fund Balance$446,838$623,419▲ $176,581
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tyler StapletonDirector of CongressionalFT$116,244$20,904$137,148
Maseh ZarifDirector of CongressionalFT$118,765$13,762$132,527
Toby DershowitzSenior Vice PresidentPT$36,000$588,267$36,000
William McCarthySecretary/Treasurer-$4,468$547,054$4,468
Clifford MayPresident-$163$716,925$163

Board Members and Trustees

NameTitle
Lawrence MuscantVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$745,664
Program Service Revenue
$0
Investment Income
$190
Other Revenue
$0
All Other Contributions
$745,664
Change in Net Assets
$32,037

Audited Revenue Reconciliation

Revenue per Audited Statements
$745,854
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$745,854
Total Revenue per Form 990
$745,854
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$547,977
Other Expenses$165,840
Total Fundraising Expense$5,969
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$389,220$10,802$1,628$401,650
Other Employee Benefits$51,120$2,467$314$53,901
Office Expenses$40,283$4,732$1,356$46,371
Current Officers, Directors, Trustees, and Key Employees$38,763$5,206$298$44,267
Payroll Taxes$34,517--$34,517
Occupancy$26,841$1,599$203$28,643
Insurance$18,160$122$16$18,298
Fees for Services Legal$315$14,729$1,960$17,004
Information Technology$14,713$468$59$15,240
Pension Plan Contributions$13,642--$13,642
Depreciation Depletion$12,093$428$54$12,575
Fees for Services Accounting$9,520$2,930$5$12,455
Travel$10,909--$10,909
Fees for Services Other$3,638-$76$3,714
Conferences and Meetings$631--$631
Total Functional Expenses$664,365$43,483$5,969$713,817

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$713,817
Total Expenses per Audited Statements$713,817
Total Expenses per Form 990$713,817
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany payable$129,793
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
2023-10-18
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
5
Volunteers
3

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Yong Zhang CPA
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 Action'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/CompensationBasedOnRltdOrgsAmt2356149
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09150
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt19150
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt29150
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt39150
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt212988
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt222480
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt322834
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
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt34468
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1656667
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2588267
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3547054
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
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/AssetPurchaseFromOtherOrgInd01
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
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
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IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
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IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0745664
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05969

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