Civic Intelligence

Charis Advocacy Fund

EIN 84-3726877 • 501(c)4 • Fulton, MD

Profile

Promotion of social welfare to other 501(c)(3) and (c)(4) organizations.

8171 Maple Lawn Blvd 375Fulton, MD 20759

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

12th percentile

0.00x

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

501(c)4 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.00x

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

501(c)4 • $25M-$50M nonprofits • Source year 2024

Net Margin

22nd percentile

-0.7%

Higher net margin than 22% of similar nonprofits.

501(c)4 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

29th percentile

$0

Higher top officer pay than 29% of similar nonprofits.

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

501(c)4 • $25M-$50M nonprofits • Source year 2024

Asset Growth

87th percentile

23%

Faster asset growth than 87% of similar nonprofits.

501(c)4 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-3.0%

Faster revenue growth than 23% of similar nonprofits.

501(c)4 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$42,673,059

Up $8,109,404 (+23%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$42,673,059

Up $8,109,404 (+23%) from 2023

Revenue

Down

$415,469

Down $12,888 (-3.0%) from 2023

Expenses

Up

$418,538

Up $75,316 (+22%) from 2023

Net Income

Down

-$3,069

Down $88,204 (-104%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2020: $32,649,558Liabilities 2020: $0Net Assets 2020: $32,649,5582020Assets 2021: $46,647,723Liabilities 2021: $0Net Assets 2021: $46,647,7232021Assets 2022: $34,272,258Liabilities 2022: $0Net Assets 2022: $34,272,2582022Assets 2023: $34,563,655Liabilities 2023: $0Net Assets 2023: $34,563,6552023Assets 2024: $42,673,059Liabilities 2024: $0Net Assets 2024: $42,673,0592024

Highlighted filing

2024

Assets$42,673,059
Liabilities$0
Net Assets$42,673,059

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MRevenue 2020: $31,518,009Expenses 2020: $646,909Net Income 2020: $30,871,1002020Revenue 2021: $172,609Expenses 2021: $25,782Net Income 2021: $146,8272021Revenue 2022: $184,601Expenses 2022: $314,798Net Income 2022: -$130,1972022Revenue 2023: $428,357Expenses 2023: $343,222Net Income 2023: $85,1352023Revenue 2024: $415,469Expenses 2024: $418,538Net Income 2024: -$3,0692024

Highlighted filing

2024

Revenue$415,469
Expenses$418,538
Net Income-$3,069

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.1
Gross Receipts
$1,565,419
Mission and Program Overview

Mission

Promotion of social welfare to other 501(c)(3) and (c)(4) organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$34,563,655$42,673,059▲ $8,109,404
Investments Other Securities$31,929,979$40,012,520▲ $8,082,541
Investments in Publicly Traded Securities$2,625,570$2,651,570▲ $26,000
Cash and Non-Interest-Bearing Accounts$4,079$9,673▲ $5,594
Accounts Receivable$4,027$-704▼ $4,731
Total Assets$34,563,655$42,673,059▲ $8,109,404
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$34,563,655$42,673,059▲ $8,109,404
Total Liabilities and Net Assets / Fund Balance$34,563,655$42,673,059▲ $8,109,404

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$40,012,520--
Financial Derivatives$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce BainumPresident & Director
Blake BainumDirector
Brian BainumDirector
Brooke BainumDirector
Charlene BainumDirector
David KorotkinAssistant Secretary
Mary C AckerSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$415,469
Other Revenue
$0
Change in Net Assets
$-3,069
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$400,000
Other Expenses$18,538
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$400,000--$400,000
Fees for Services Accounting$12,322$0$0$12,322
Fees for Service Investment Mgmnt Fees$0$5,253$0$5,253
Office Expenses$0$399$0$399
Other Expenses$0$25$0$25
Total Functional Expenses$412,322$6,216$0$418,538
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Redistricting Action FundWashington, DC501(c)(4)To raise awareness of racial and partisan gerrymandering through advocacy and educational means$300,000
Environmental Defense Action FundNew York, NY501(c)(4)To tackle the climate crisis head on$100,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Charis Advocacy Fund
EIN
84-3726877
Phone
2402951612
Address
8171 Maple Lawn Blvd 375, Fulton, MD 20759

Signing Officer

Name
Mary C Acker
Title
Treasurer
Phone
2402951612
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary C Acker
Formed
2019
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
White Oak Resources LLC
Address
8171 MAPLE LAWN BLVD STE 375, FULTON, MD 20759
Preparer
Colleen McCarthy
Phone
2402951613
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Bruce and charlene bainum are married and their 3 adult children are brian, blake and brooke bainum all serve as directors.the organization delegated control of certain management functions to a management company - white oak resources, llc. White oak resources, llc is ultimately owned by the directors, trusts for their benefit, and descendants of bruces parents. Two of the officers are employed by white oak resources, llc.

Pt VI, Line 3

Certain management duties for charis advocacy fund are performed by white oak resources, llc primarily with respect to finance, tax and administration.

Pt VI, Line 6

There is one class of members. The board is a separate governing body elected by the members.

Pt VI, Line 7A

The members of the corporation have the right and the duty to: fix the authorized number of directors; elect the directors of the corporation upon any vacancies on the board of directors; appoint the board chair, who serves at the pleasure of the members, from among the directors they elect; and remove any or all of the directors with or without cause.

Pt VI, Line 7B

The members have the right to: set the mission and policy statement of the corporation; approve any changes to the corporations certificate of incorporation or the bylaws; approve dissolution of the corporation and the related distribution of assets, material sales of assets, mergers, consolidations, conversions or domestications; and approve any other fundamental transactions of the corporation.

Pt VI, Line 11B

White oak resources, llc employees prepare the return. The treasurer reviews the return and then a copy of the form 990 is made available to the full governing body before filing with the internal revenue service.

Pt VI, Line 12C

Annual questionnaires document each director and officers compliance and disclosures.

Pt VI, Line 15A

There are no employees. Officers and directors are not compensated.

Pt VI, Line 19

The fund makes the organizational and governing documents available upon request.

Pt XI

Line 9 represents wash sales

Raw XML Appendix377 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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To raise awareness of racial and partisan gerrymandering through advocacy and educational means
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1To tackle the climate crisis head on
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0National Redistricting Action Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Environmental Defense Action Fund
IRS990ScheduleI/RecipientTable/RecipientEIN0820738281
IRS990ScheduleI/RecipientTable/RecipientEIN1900080500
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0700 13th Street NW Ste 600
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1257 Park Avenue South
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grantees sign a Grant Agreement requiring them to submit reports to the Grantees use of the funds during the period as well as financial or program data (if any) which supports their use.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRUCE AND CHARLENE BAINUM ARE MARRIED AND THEIR 3 ADULT CHILDREN ARE BRIAN, BLAKE AND BROOKE BAINUM ALL SERVE AS DIRECTORS.THE ORGANIZATION DELEGATED CONTROL OF CERTAIN MANAGEMENT FUNCTIONS TO A MANAGEMENT COMPANY - WHITE OAK RESOURCES, LLC. WHITE OAK RESOURCES, LLC IS ULTIMATELY OWNED BY THE DIRECTORS, TRUSTS FOR THEIR BENEFIT, AND DESCENDANTS OF BRUCES PARENTS. TWO OF THE OFFICERS ARE EMPLOYED BY WHITE OAK RESOURCES, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CERTAIN MANAGEMENT DUTIES FOR CHARIS ADVOCACY FUND ARE PERFORMED BY WHITE OAK RESOURCES, LLC PRIMARILY WITH RESPECT TO FINANCE, TAX AND ADMINISTRATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE IS ONE CLASS OF MEMBERS. THE BOARD IS A SEPARATE GOVERNING BODY ELECTED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF THE CORPORATION HAVE THE RIGHT AND THE DUTY TO: FIX THE AUTHORIZED NUMBER OF DIRECTORS; ELECT THE DIRECTORS OF THE CORPORATION UPON ANY VACANCIES ON THE BOARD OF DIRECTORS; APPOINT THE BOARD CHAIR, WHO SERVES AT THE PLEASURE OF THE MEMBERS, FROM AMONG THE DIRECTORS THEY ELECT; AND REMOVE ANY OR ALL OF THE DIRECTORS WITH OR WITHOUT CAUSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBERS HAVE THE RIGHT TO: SET THE MISSION AND POLICY STATEMENT OF THE CORPORATION; APPROVE ANY CHANGES TO THE CORPORATIONS CERTIFICATE OF INCORPORATION OR THE BYLAWS; APPROVE DISSOLUTION OF THE CORPORATION AND THE RELATED DISTRIBUTION OF ASSETS, MATERIAL SALES OF ASSETS, MERGERS, CONSOLIDATIONS, CONVERSIONS OR DOMESTICATIONS; AND APPROVE ANY OTHER FUNDAMENTAL TRANSACTIONS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WHITE OAK RESOURCES, LLC EMPLOYEES PREPARE THE RETURN. THE TREASURER REVIEWS THE RETURN AND THEN A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE FULL GOVERNING BODY BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANNUAL QUESTIONNAIRES DOCUMENT EACH DIRECTOR AND OFFICERS COMPLIANCE AND DISCLOSURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THERE ARE NO EMPLOYEES. OFFICERS AND DIRECTORS ARE NOT COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE FUND MAKES THE ORGANIZATIONAL AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LINE 9 REPRESENTS WASH SALES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt XI
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Three Graces FoundationInc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0200472407
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Provides Grants to Charitable, Education & other Section 501c3 orgs
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08171 Maple Lawn Bvd Ste 375
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Fulton
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020759
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/StatesWhereCopyOfReturnIsFldCd1DE
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt034563655
IRS990/TotalAssetsEOYAmt042673059
IRS990/TotalAssetsGrp/BOYAmt034563655
IRS990/TotalAssetsGrp/EOYAmt042673059
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06216
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0412322
IRS990/TotalFunctionalExpensesGrp/TotalAmt0418538
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt034563655
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt042673059
IRS990/TotalProgramServiceExpensesAmt0412322
IRS990/TotalRevenueGrp/ExclusionAmt0415469
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0415469
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt034563655
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt042673059
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08171 Maple Lawn Blvd Ste 375
IRS990/USAddress/CityNm0Fulton
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020759
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mary C Acker
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02402951612
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Charis Advocacy Fund
ReturnHeader/Filer/BusinessNameControlTxt0CHAR
ReturnHeader/Filer/EIN0843726877
ReturnHeader/Filer/PhoneNum02402951612
ReturnHeader/Filer/USAddress/AddressLine1Txt08171 Maple Lawn Blvd 375
ReturnHeader/Filer/USAddress/CityNm0Fulton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020759
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0612119901
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITE OAK RESOURCES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08171 MAPLE LAWN BLVD STE 375
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FULTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020759
ReturnHeader/PreparerPersonGrp/PhoneNum02402951613
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Colleen McCarthy
ReturnHeader/ReturnTs02025-05-06T08:45:45-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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