Civic Intelligence

Silverado Policy Accelerator Inc.

990 • Fiscal year 2021 • EIN 85-1886884

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

1100 15th Street 4th FloorWashington, DC 20005

(973) 452-4426

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.01x

Higher debt load relative to assets than 43% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

41st percentile

0.01x

Higher debt load relative to revenue than 41% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

6th percentile

-52%

Higher net margin than 6% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

95th percentile

$175,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 35.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

4th percentile

-35%

Faster asset growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-50%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$482,068

Down $254,395 (-35%) from 2020

Net Assets

Down

$476,944

Down $259,519 (-35%) from 2020

Liabilities

Up

$5,124

Up $5,124 from 2020

Revenue

Down

$500,148

Down $504,852 (-50%) from 2020

Expenses

Up

$759,667

Up $491,130 (+183%) from 2020

Net Income

Down

-$259,519

Down $995,982 (-135%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2020: $736,463Liabilities 2020: $0Net Assets 2020: $736,4632020Assets 2021: $482,068Liabilities 2021: $5,124Net Assets 2021: $476,9442021Assets 2022: $444,543Liabilities 2022: $35,578Net Assets 2022: $408,9652022Assets 2023: $479,607Liabilities 2023: $0Net Assets 2023: $479,6072023Assets 2024: $910,587Liabilities 2024: $0Net Assets 2024: $910,5872024

Highlighted filing

2021

Assets$482,068
Liabilities$5,124
Net Assets$476,944

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $1,005,000Expenses 2020: $268,537Net Income 2020: $736,4632020Revenue 2021: $500,148Expenses 2021: $759,667Net Income 2021: -$259,5192021Revenue 2022: $1,385,788Expenses 2022: $1,454,143Net Income 2022: -$68,3552022Revenue 2023: $2,421,060Expenses 2023: $2,385,540Net Income 2023: $35,5202023Revenue 2024: $3,121,842Expenses 2024: $2,690,862Net Income 2024: $430,9802024

Highlighted filing

2021

Revenue$500,148
Expenses$759,667
Net Income-$259,519
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$500,148
Mission and Program Overview

Mission

Forging a path toward american prosperity and global competitiveness by accelerating bipartisan economic, strategic, and technological policy solutions.

The organization will (a) foster, support, promote, and cultivate innovative strategies to confront social welfare challenges within american society and advance american prosperity and global leadership in the twenty-first century and beyond, (b) support and conduct educational activities, including but not limited to research, analyses, and convenings, to better inform and engage the general public about these challenges and strategies, and (c)support and conduct other projects and activities in furtherance of the foregoing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$735,354$481,186▼ $254,168
Rtn Earn Endowment Incm Other Fnds$736,463$476,944▼ $259,519
Land, Buildings, and Equipment, Net$1,109$882▼ $227
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$736,463$482,068▼ $254,395
Liabilities
Accounts Payable and Accrued Expenses$0$5,124▲ $5,124
Total Liabilities$0$5,124▲ $5,124
Net Assets / Fund Balance
Total Net Assets Fund Balance$736,463$476,944▼ $259,519
Total Liabilities and Net Assets / Fund Balance$736,463$482,068▼ $254,395

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$882$255$1,137
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah V StewartExec Director and Treasurer/secretaryFT$175,000$175,000
Sarah V StewartExec Director and Treasurer/secretar-$175,000$175,000

Board Members and Trustees

NameTitle
Maureen HinmanExecutive Chair
Dmitri AlperovitchExecutive Chairman
Jennifer PrescottDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$500,065
Program Service Revenue
$0
Investment Income
$83
Other Revenue
$0
All Other Contributions
$500,065
Change in Net Assets
$-259,519
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$373,381
Other Expenses$252,136
Grants and Similar Amounts Paid$134,150
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$140,000$35,000-$175,000
Other Salaries and Wages$136,704$34,176-$170,880
Grants to Domestic Orgs$134,150--$134,150
Fees for Services Other$98,620$19,000-$117,620
Information Technology-$49,354-$49,354
Conferences and Meetings$29,975--$29,975
Payroll Taxes$20,887$5,222-$26,109
Fees for Services Legal$3,905$15,624-$19,529
Fees for Services Accounting-$12,686-$12,686
Office Expenses$32$3,875-$3,907
Insurance-$1,683-$1,683
Other Employee Benefits$1,114$278-$1,392
Travel$422$374-$796
Advertising$450--$450
Depreciation Depletion-$227-$227
Other Expenses$5,714$100-$100
Total Functional Expenses$571,973$187,694$0$759,667
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Asia SocietyNew York, NY501c3Support a Program to Empower Female Trade Negotiators in the Southeast Asia Region.$125,000
Washington International Trade FoundationWashington, DC501c3Sponsor Trade and Environmental Policy Series of Virtual Roundtables.$9,150
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
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Dmitri alperovitch and maureen hinman are board members with a family or business relationship.

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

Draft returns are provided to the directors prior to filing.

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

Each year, the corporation will distribute to each covered person a list of the corporation's primary vendors and entities with which the corporation has transacted for the prior twelve months. All covered persons must complete and submit an annual disclosure statement in the form attached to this policy. Upon a covered person's disclosure of an interest in a transaction, the board, in consultation with counsel if necessary, will determine whether a conflict of interest exists. If it is determined that a conflict exists or that there is an appearance of a conflict, the transaction may be approved only upon a vote of a majority of the disinterested directors, or, if there are no disinterested directors, by unanimous vote of the directors. The covered person may be present for the discussion in order to respond to questions and elaborate on the information presented. Upon request of the disinterested directors, the covered person will be required to excuse himself or herself from the vote on the transaction. In any event, the covered person, if a director of the corporation, will abstain from voting on the transaction except insofar as this policy requires a unanimous vote.

Form 990, Part VI, Section B, Line 15A

The organization has in place a process to conduct a benchmarking of prospective compensation by position and area, and the board reviews and approves all compensation decisions.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Silverado Policy Accelerator Inc
EIN
85-1886884
Phone
9734524426
Address
1100 15TH STREET 4TH FLOOR, WASHINGTON, DC 20005

Signing Officer

Name
Dmitri Alperovitch
Title
Executive Chairman
Phone
9734524426
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dmitri Alperovitch
Formed
2020
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
5
Volunteers
3

Preparer

Firm
Fgmk LLC
Address
2801 LAKESIDE DRIVE 3RD FLOOR, BANNOCKBURN, IL 60015
Preparer
Robert H Minshall
Phone
8473740400
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

The organization provided grants and held additional types of events, which were not provided or held in the prior year.

Form 990, Part IX, Line 11G

Consulting fees: program service expenses 98,620. Management and general expenses 19,000. Fundraising expenses 0. Total expenses 117,620.

Part IX, Line 22

Section 1.263(a)-1(f) de minimis safe harbor election silverado policy accelerator inc. Is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).

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IRS990/Desc0GRANTS TO OTHER ORGANIZATIONS - PROVIDED SEVERAL GRANTS TO DOMESTIC 501(C)(3) CHARITABLE ORGANIZATIONS TO SUPPORT PROGRAM WORK THAT ALIGNS WITH SILVERADO'S MISSION. IN PARTICULAR, A GRANT WAS PROVIDED TO THE WASHINGTON INTERNATIONAL TRADE ASSOCIATION (WITA) TO SPONSOR A "TRADE AND ENVIRONMENT POLICY SERIES AND A GRANT WAS PROVIDED TO THE ASIA SOCIETY POLICY INSTITUTE (ASPI) TO SUPPORT A PROGRAM THAT EMPOWERS FEMALE TRADE NEGOTIATORS IN THE SOUTHEAST ASIA REGION.
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01005000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0164312
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0736463
IRS990/PYSalariesCompEmpBnftPaidAmt0104225
IRS990/PYTotalExpensesAmt0268537
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01005000
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-259519
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0736463
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0476944
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0500065
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01005000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01505065
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt083
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt083
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01505065
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0500065
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01005000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01505065
IRS990ScheduleA/TotalSupportAmt01505148
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt034738
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt034738
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0138950
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0138950
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt03095
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt03095
IRS990ScheduleC/GrassrootsCeilingAmt052107
IRS990ScheduleC/GrassrootsNontaxableGrp/AffiliatedGroupTotalAmt034738
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt034738
IRS990ScheduleC/LobbyingCeilingAmt0208425
IRS990ScheduleC/LobbyingNontaxableAmountGrp/AffiliatedGroupTotalAmt0138950
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0138950
IRS990ScheduleC/OrganizationBelongsAffltGrpInd0X
IRS990ScheduleC/OtherExemptPurposeExpendGrp/AffiliatedGroupTotalAmt0756572
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0756572
IRS990ScheduleC/TotalDirectLobbyingGrp/AffiliatedGroupTotalAmt03095
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt03095
IRS990ScheduleC/TotalExemptPurposeExpendGrp/AffiliatedGroupTotalAmt0759667
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0759667
IRS990ScheduleC/TotalGrassrootsLobbyingGrp/AffiliatedGroupTotalAmt00
IRS990ScheduleC/TotalGrassrootsLobbyingGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotalLobbyingExpendGrp/AffiliatedGroupTotalAmt03095
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt03095
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/AffiliatedGroupTotalAmt00
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/AffiliatedGroupTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0882
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0255
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01137
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0882
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt09150
IRS990ScheduleI/RecipientTable/CashGrantAmt1125000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SPONSOR TRADE AND ENVIRONMENTAL POLICY SERIES OF VIRTUAL ROUNDTABLES.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT A PROGRAM TO EMPOWER FEMALE TRADE NEGOTIATORS IN THE SOUTHEAST ASIA REGION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WASHINGTON INTERNATIONAL TRADE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE ASIA SOCIETY
IRS990ScheduleI/RecipientTable/RecipientEIN0521907420
IRS990ScheduleI/RecipientTable/RecipientEIN1133234632
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01300 PENNSYLVANIA AVENUE NW SUITE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1725 PARK AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0G-329
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020004
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1100215088
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ORGANIZATIONS RECEIVING DISBURSEMENTS FROM THE ORGANIZATION IN FURTHERANCE OF ITS EXEMPT PROGRAMS ARE ADEQUATELY INVESTIGATED TO ENSURE THAT THEY ARE QUALIFYING RECIPIENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SARAH V STEWART
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXEC DIRECTOR AND TREASURER/SECRETAR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDED GRANTS AND HELD ADDITIONAL TYPES OF EVENTS, WHICH WERE NOT PROVIDED OR HELD IN THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DMITRI ALPEROVITCH AND MAUREEN HINMAN ARE BOARD MEMBERS WITH A FAMILY OR BUSINESS RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DRAFT RETURNS ARE PROVIDED TO THE DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH YEAR, THE CORPORATION WILL DISTRIBUTE TO EACH COVERED PERSON A LIST OF THE CORPORATION'S PRIMARY VENDORS AND ENTITIES WITH WHICH THE CORPORATION HAS TRANSACTED FOR THE PRIOR TWELVE MONTHS. ALL COVERED PERSONS MUST COMPLETE AND SUBMIT AN ANNUAL DISCLOSURE STATEMENT IN THE FORM ATTACHED TO THIS POLICY. UPON A COVERED PERSON'S DISCLOSURE OF AN INTEREST IN A TRANSACTION, THE BOARD, IN CONSULTATION WITH COUNSEL IF NECESSARY, WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED THAT A CONFLICT EXISTS OR THAT THERE IS AN APPEARANCE OF A CONFLICT, THE TRANSACTION MAY BE APPROVED ONLY UPON A VOTE OF A MAJORITY OF THE DISINTERESTED DIRECTORS, OR, IF THERE ARE NO DISINTERESTED DIRECTORS, BY UNANIMOUS VOTE OF THE DIRECTORS. THE COVERED PERSON MAY BE PRESENT FOR THE DISCUSSION IN ORDER TO RESPOND TO QUESTIONS AND ELABORATE ON THE INFORMATION PRESENTED. UPON REQUEST OF THE DISINTERESTED DIRECTORS, THE COVERED PERSON WILL BE REQUIRED TO EXCUSE HIMSELF OR HERSELF FROM THE VOTE ON THE TRANSACTION. IN ANY EVENT, THE COVERED PERSON, IF A DIRECTOR OF THE CORPORATION, WILL ABSTAIN FROM VOTING ON THE TRANSACTION EXCEPT INSOFAR AS THIS POLICY REQUIRES A UNANIMOUS VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS IN PLACE A PROCESS TO CONDUCT A BENCHMARKING OF PROSPECTIVE COMPENSATION BY POSITION AND AREA, AND THE BOARD REVIEWS AND APPROVES ALL COMPENSATION DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING FEES: PROGRAM SERVICE EXPENSES 98,620. MANAGEMENT AND GENERAL EXPENSES 19,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 117,620.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION SILVERADO POLICY ACCELERATOR INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART IX, LINE 22
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SILVERADO POLICY ACCELERATOR ACTION FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0851262290
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SOCIAL WELFARE ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01100 15TH STREET 4TH FLOOR

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