Civic Intelligence

American Future Republic

990 • Fiscal year 2023 • EIN 83-3181719

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 04, 2024

Refreshing map…

455 N Cityfront Plaza Drive 1730Chicago, IL 60611

(650) 433-8779

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

12th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2023

Net Margin

97th percentile

91%

Higher net margin than 97% of similar nonprofits.

2023 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2023

Asset Growth

51st percentile

5.3%

Faster asset growth than 51% of similar nonprofits.

2023 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

650%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$7,707,527

Flat from 2023

Net Assets

Flat

$7,707,527

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Flat

$237,562

Flat from 2023

Expenses

Flat

$21,189

Flat from 2023

Net Income

Flat

$216,373

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2019: $22,113,247Liabilities 2019: $0Net Assets 2019: $22,113,2472019Assets 2020: $10,364,744Liabilities 2020: $0Net Assets 2020: $10,364,7442020Assets 2021: $9,799,320Liabilities 2021: $0Net Assets 2021: $9,799,3202021Assets 2022: $7,316,133Liabilities 2022: $0Net Assets 2022: $7,316,1332022Assets 2023: $7,707,527Liabilities 2023: $0Net Assets 2023: $7,707,5272023Assets 2023: $7,707,527Liabilities 2023: $0Net Assets 2023: $7,707,5272023Assets 2024: $7,808,177Liabilities 2024: $0Net Assets 2024: $7,808,1772024

Highlighted filing

2023

Assets$7,707,527
Liabilities$0
Net Assets$7,707,527

Operations Trend

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

$30M$20M$10M$0-$10M-$20MRevenue 2019: $21,953,652Expenses 2019: $0Net Income 2019: $21,953,6522019Revenue 2020: $4,595,697Expenses 2020: $21,115,000Net Income 2020: -$16,519,3032020Revenue 2021: $5,228,031Expenses 2021: $634,063Net Income 2021: $4,593,9682021Revenue 2022: $31,677Expenses 2022: $1,279,828Net Income 2022: -$1,248,1512022Revenue 2023: $237,562Expenses 2023: $21,189Net Income 2023: $216,3732023Revenue 2023: $237,562Expenses 2023: $21,189Net Income 2023: $216,3732023Revenue 2024: $286,735Expenses 2024: $0Net Income 2024: $286,7352024

Highlighted filing

2023

Revenue$237,562
Expenses$21,189
Net Income$216,373
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 4, 2024
Return Version
2023v5.1
Gross Receipts
$237,562
Mission and Program Overview

Mission

The mission of the organization is to build and support networks of activists to bring about social change and advances in issues of public policy.

Bring about social change and advances in issues of public policy

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$7,316,133$7,707,527▲ $391,394
Investments in Publicly Traded Securities$7,282,406$7,694,183▲ $411,777
Savings and Temporary Cash Investments$33,727$13,344▼ $20,383
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$7,316,133$7,707,527▲ $391,394
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,316,133$7,707,527▲ $391,394
Total Liabilities and Net Assets / Fund Balance$7,316,133$7,707,527▲ $391,394
Compensation and Service Providers

Board Members and Trustees

NameTitle
Reid HoffmanPresident/chair/director
Frank HuangSecretary
Zack HerlickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$237,562
Other Revenue
$0
Change in Net Assets
$216,373
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$21,189-$21,189
Total Functional Expenses$0$21,189$0$21,189
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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, Part VI, Section B, Line 11B

Form 990 is prepared and reviewed by authorized agents of the organization. A copy is provided to each director before being filed.

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

The conflict of interest policy covers directors, officers, key employees, committee members, spouses or domestic partners of any of the listed people, and former officers, directors or key employees who served in such capacity within the five previous years. In connection with any actual or possible conflict of interest, a covered person must immediately disclose to the board, committee or board designee the existence and nature of his or her financial interest or any disclosable relationships. All newly appointed or elected board members or officers shall disclose all known conflicts of interest and disclosable relationships upon assumption of their duties, and should a conflict of interest or disclosable relationship develop, must immediately disclose to the board, committee or board designee such actual or possible conflict or disclosable relationship. After a potential conflict has been disclosed, the board or committee shall determine if a conflict of interest exists. If the board or committee determines that a covered person has a financial interest, then it will be investigated and determined by a majority vote of the disinterested board members whether the transaction or arrangement is in the organization's best interests.

Form 990, Part VI, Section B, Line 15

The organization does not compensate any officers or top officials.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request when required by federal or state law.

Filing and Contact Details

Filer

Filer Name
American Future Republic
EIN
83-3181719
Phone
6504338779
Address
455 N CITYFRONT PLAZA DRIVE 1730, CHICAGO, IL 60611

Signing Officer

Name
Zack Herlick
Title
Treasurer
Phone
6504338779
Signed
2024-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reid Hoffman
Formed
2019
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
3

Preparer

Firm
Apercen Partners LLC
Address
455 N CITYFRONT PLAZA DRIVE STE, 1730, CHICAGO, IL 60611
Preparer
Jacob J Zehnder
Phone
6508047100
Raw XML Appendix299 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED AND REVIEWED BY AUTHORIZED AGENTS OF THE ORGANIZATION. A COPY IS PROVIDED TO EACH DIRECTOR BEFORE BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS, KEY EMPLOYEES, COMMITTEE MEMBERS, SPOUSES OR DOMESTIC PARTNERS OF ANY OF THE LISTED PEOPLE, AND FORMER OFFICERS, DIRECTORS OR KEY EMPLOYEES WHO SERVED IN SUCH CAPACITY WITHIN THE FIVE PREVIOUS YEARS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, A COVERED PERSON MUST IMMEDIATELY DISCLOSE TO THE BOARD, COMMITTEE OR BOARD DESIGNEE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST OR ANY DISCLOSABLE RELATIONSHIPS. ALL NEWLY APPOINTED OR ELECTED BOARD MEMBERS OR OFFICERS SHALL DISCLOSE ALL KNOWN CONFLICTS OF INTEREST AND DISCLOSABLE RELATIONSHIPS UPON ASSUMPTION OF THEIR DUTIES, AND SHOULD A CONFLICT OF INTEREST OR DISCLOSABLE RELATIONSHIP DEVELOP, MUST IMMEDIATELY DISCLOSE TO THE BOARD, COMMITTEE OR BOARD DESIGNEE SUCH ACTUAL OR POSSIBLE CONFLICT OR DISCLOSABLE RELATIONSHIP. AFTER A POTENTIAL CONFLICT HAS BEEN DISCLOSED, THE BOARD OR COMMITTEE SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD OR COMMITTEE DETERMINES THAT A COVERED PERSON HAS A FINANCIAL INTEREST, THEN IT WILL BE INVESTIGATED AND DETERMINED BY A MAJORITY VOTE OF THE DISINTERESTED BOARD MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR TOP OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST WHEN REQUIRED BY FEDERAL OR STATE LAW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/Filer/EIN0833181719
ReturnHeader/Filer/PhoneNum06504338779
ReturnHeader/Filer/USAddress/AddressLine1Txt0455 N CITYFRONT PLAZA DRIVE 1730
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060611
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262246506
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0APERCEN PARTNERS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0455 N CITYFRONT PLAZA DRIVE STE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt01730
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060611
ReturnHeader/PreparerPersonGrp/PhoneNum06508047100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACOB J ZEHNDER
ReturnHeader/ReturnTs02024-09-04T11:16:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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