Civic Intelligence

Nakasec Action Fund

990 • Fiscal year 2022 • EIN 87-0752611

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 06, 2023

Organization ProfileNAKASECACTIONFUND.ORG
13890 Braddock Road 309Centreville, VA 20121

(703) 256-2208

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

Higher debt load relative to assets than 40% of similar nonprofits.

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

Liabilities / Revenue

39th percentile

0.00x

Higher debt load relative to revenue than 39% of similar nonprofits.

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

Net Margin

75th percentile

25%

Higher net margin than 75% of similar nonprofits.

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

Top Officer Pay

73rd percentile

$653

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

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

Asset Growth

98th percentile

285%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

96th percentile

279%

Faster revenue growth than 96% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets40th percentile

Assets

Flat

$269,674

Flat from 2022

Net Assets

Flat

$269,464

Flat from 2022

Liabilities

Flat

$210

Flat from 2022

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin75th percentile

Revenue

Flat

$838,389

Flat from 2022

Expenses

Flat

$630,119

Flat from 2022

Net Income

Flat

$208,270

Flat from 2022

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$600K$400K$200K$0Assets 2010: $6,680Liabilities 2010: $0Net Assets 2010: $6,6802010Assets 2011: $6,640Liabilities 2011: $0Net Assets 2011: $6,6402011Assets 2012: $6,647Liabilities 2012: $0Net Assets 2012: $6,6472012Assets 2013: $6,624Liabilities 2013: $0Net Assets 2013: $6,6242013Assets 2015: $11,624Liabilities 2015: $0Net Assets 2015: $11,6242015Assets 2016: $14,227Liabilities 2016: $0Net Assets 2016: $14,2272016Assets 2017: $16,571Liabilities 2017: $0Net Assets 2017: $16,5712017Assets 2018: $22,779Liabilities 2018: $0Net Assets 2018: $22,7792018Assets 2019: $50,703Liabilities 2019: $0Net Assets 2019: $50,7032019Assets 2020: $51,057Liabilities 2020: $02020Assets 2021: $70,070Liabilities 2021: $8,876Net Assets 2021: $61,1942021Assets 2022: $269,674Liabilities 2022: $210Net Assets 2022: $269,4642022Assets 2022: $269,674Liabilities 2022: $210Net Assets 2022: $269,4642022Assets 2023: $454,829Liabilities 2023: $100,850Net Assets 2023: $353,9792023

Highlighted filing

2022

Assets$269,674
Liabilities$210
Net Assets$269,464
Open 2022 Filing

Operations Trend

Revenue Growth96th percentile

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

$1.0M$500K$0-$500KRevenue 2010: $1,735Expenses 2010: $2,487Net Income 2010: -$7522010Revenue 2011: $0Expenses 2011: $40Net Income 2011: -$402011Revenue 2012: $10Expenses 2012: $3Net Income 2012: $72012Revenue 2013: $0Expenses 2013: $23Net Income 2013: -$232013Revenue 2015: $5,000Expenses 2015: $0Net Income 2015: $5,0002015Revenue 2016: $2,603Expenses 2016: $0Net Income 2016: $2,6032016Revenue 2017: $2,535Expenses 2017: $191Net Income 2017: $2,3442017Revenue 2018: $8,311Expenses 2018: $2,103Net Income 2018: $6,2082018Revenue 2019: $90,000Expenses 2019: $62,076Net Income 2019: $27,9242019Revenue 2020: $4,550Expenses 2020: $4,196Net Income 2020: $3542020Revenue 2021: $221,249Expenses 2021: $211,112Net Income 2021: $10,1372021Revenue 2022: $838,389Expenses 2022: $630,119Net Income 2022: $208,2702022Revenue 2022: $838,389Expenses 2022: $630,119Net Income 2022: $208,2702022Revenue 2023: $250,242Expenses 2023: $166,583Net Income 2023: $83,6592023

Highlighted filing

2022

Revenue$838,389
Expenses$630,119
Net Income$208,270
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 6, 2023
Return Version
2021v4.2
Gross Receipts
$838,389
Mission and Program Overview

Mission

Promote Social Walfare

To promote social welfare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$70,070$264,968▲ $194,898
Accounts Receivable-$4,706-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$70,070$269,674▲ $199,604
Liabilities
Accounts Payable and Accrued Expenses$8,876$210▼ $8,666
Total Liabilities$8,876$210▼ $8,666
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$61,194$269,464▲ $208,270
Total Net Assets Fund Balance$61,194$269,464▲ $208,270
Total Liabilities and Net Assets / Fund Balance$70,070$269,674▲ $199,604
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Nancy WuFinance and Operations DirectorPT$653$653

Board Members and Trustees

NameTitle
Maria CastenadaPresident
Alvina YehBoard Member
Young Woon HanBoard Member
Rebecca BelcoreChief Operating Officer
Luisa BlueSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$832,137
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$6,250
All Other Contributions
$832,137
Change in Net Assets
$208,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$276,162
Grants and Similar Amounts Paid$225,500
Salaries, Compensation, and Employee Benefits$128,457
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$225,500--$225,500
Other Salaries and Wages$108,772$8,930-$117,702
Fees for Services Other$56,630$16,700-$73,330
Advertising$69,509--$69,509
Office Expenses$49,991$1,769-$51,760
Travel$48,896--$48,896
Conferences and Meetings$20,532$5,055-$25,587
Current Officers, Directors, Trustees, and Key Employees$7,932$690-$8,622
Fees for Services Accounting-$3,890-$3,890
Payroll Taxes$2,133--$2,133
Fees for Services Legal-$1,141-$1,141
Other Expenses$750$50-$50
Total Functional Expenses$591,894$38,225$0$630,119
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Woori CenterLansdale, PA501(c)(3)Immigrant Rights$75,000
National Korean American Service and Education ConsortiumChicago, IL501(c)(3)Immigrant Rights$65,000
Tides AdvocacySan Francisco, CA501(c)(4)Immigrant Rights$27,500
Hana CenterChicago, IL501(c)(3)Immigrant Rights$25,000
Minkwon Center for Community ActionQueens, NY501(c)(3)Immigrant Rights$25,000
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$47,108
Section 527 Activity Spending$47,108
Total Exempt Function Spending$47,108
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 8B

“There are no other committees that can act on behalf of the full board of directors.”

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

“The draft federal form 990 is provided to all board members prior to submission to the internal revenue service.”

Form 990, Part VI, Section C, Line 19

“The organization provides the governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Nakasec Action Fund
EIN
87-0752611
Phone
7032562208
Address
13890 BRADDOCK ROAD 309, CENTREVILLE, VA 20121

Signing Officer

Name
Rebecca Belcore
Title
COO
Phone
7032562208
Signed
2023-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Belcore
Formed
2005
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
50

Preparer

Firm
Marcum Llp
Address
1899 L STREET NW 850, WASHINGTON, DC 20036
Preparer
Frank Smith
Phone
2028225000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contractors: program service expenses 56,630. Management and general expenses 16,700. Fundraising expenses 0. Total expenses 73,330.”

FORM 990, PART I, LINE 5:

“Nakasec action fund does not directly hire or compensate officers. All officers are employed by the nakasec, an unrelated organization exempt under section 501(c)(3). Nakasec action fund operates under a cost sharing agreement with nakasec, approved by the board of directors of each organization, under which nakasec employs both organization's staff members and pays for general and administrative expenses. Nakasec action fund reimburses nakasec for its share of these expenses.”

Raw XML Appendix385 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08876
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0210
IRS990/AccountsReceivableGrp/EOYAmt04706
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE SOCIAL WELFARE.
IRS990/AdvertisingGrp/ProgramServicesAmt069509
IRS990/AdvertisingGrp/TotalAmt069509
IRS990/AllOtherContributionsAmt0832137
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NANCY WU
IRS990/BooksInCareOfDetail/PhoneNum07032562208
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt013890 BRADDOCK ROAD 309
IRS990/BooksInCareOfDetail/USAddress/CityNm0CENTREVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020121
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt070070
IRS990/CashNonInterestBearingGrp/EOYAmt0264968
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0690
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt07932
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt08622
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt05055
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt020532
IRS990/ConferencesMeetingsGrp/TotalAmt025587
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0832137
IRS990/CYGrantsAndSimilarPaidAmt0225500
IRS990/CYInvestmentIncomeAmt02
IRS990/CYOtherExpensesAmt0276162
IRS990/CYOtherRevenueAmt06250
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0208270
IRS990/CYSalariesCompEmpBnftPaidAmt0128457
IRS990/CYTotalExpensesAmt0630119
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0838389
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0NAKASEC ACTION FUND ELECTORAL PROGRAM GOALS FOCUSED ON DEVELOPING AND EXECUTING A VOTER ENGAGEMENT PROGRAM THAT REACHED OUT TO OVER 37,000 ASIAN AND MINORITY VOTERS IN A CULTURALLY AND LINGUISTICALLY COMPETENT MANNER OVER A TEN-WEEK PERIOD FOCUSED ON THE GENERAL ELECTION IN VIRGINIA. NAKASEC ACTION FUND MADE 9,787 VOTER OUTREACH ATTEMPTS TO A 3,331 UNIQUE VOTERS. VOTER OUTREACH ATTEMPTS INCLUDE DOORS KNOCKED, PHONE CALLS, TEXTS, LIT DROPS, AND MAIL.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0591894
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03890
IRS990/FeesForServicesAccountingGrp/TotalAmt03890
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01141
IRS990/FeesForServicesLegalGrp/TotalAmt01141
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt016700
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt056630
IRS990/FeesForServicesOtherGrp/TotalAmt073330
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MARIA CASTENADA
IRS990/Form990PartVIISectionAGrp/PersonNm1LUISA BLUE
IRS990/Form990PartVIISectionAGrp/PersonNm2ALVINA YEH
IRS990/Form990PartVIISectionAGrp/PersonNm3YOUNG WOON HAN
IRS990/Form990PartVIISectionAGrp/PersonNm4REBECCA BELCORE
IRS990/Form990PartVIISectionAGrp/PersonNm5NANCY WU
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5653
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5FINANCE AND OPERATIONS DIR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt0225500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0225500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0225500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0838389
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt02
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE ORGANIZE, ADVOCATE, AND FIGHT FOR THE CIVIL, IMMIGRANT AND HUMAN RIGHTS OF ALL PEOPLE IN OUR COMMUNITY WHICH INCLUDE THE LOW-INCOME, RECENT IMMIGRANT, LIMITED ENGLISH PROFICIENT, UNDOCUMENTED, QUEER, YOUNG PEOPLE, SENIORS, AND WOMEN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt061194
IRS990/NetAssetsOrFundBalancesEOYAmt0269464
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt061194
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0269464
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01769
IRS990/OfficeExpensesGrp/ProgramServicesAmt049991
IRS990/OfficeExpensesGrp/TotalAmt051760
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0VOLUNTEER APPRECIATION
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2REGISTRATION & FILING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050
IRS990/OtherExpensesGrp/ProgramServicesAmt01249
IRS990/OtherExpensesGrp/ProgramServicesAmt1750
IRS990/OtherExpensesGrp/TotalAmt01249
IRS990/OtherExpensesGrp/TotalAmt1750
IRS990/OtherExpensesGrp/TotalAmt250
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt06250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06250
IRS990/OtherRevenueTotalAmt06250
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08930
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0108772
IRS990/OtherSalariesAndWagesGrp/TotalAmt0117702
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02133
IRS990/PayrollTaxesGrp/TotalAmt02133
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0REBECCA BELCORE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0221249
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0105749
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt043482
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt010137
IRS990/PYSalariesCompEmpBnftPaidAmt061881
IRS990/PYTotalExpensesAmt0211112
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0221249
IRS990/ReconcilationRevenueExpnssAmt0208270
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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/Expended527ActivitiesAmt047108
IRS990ScheduleC/Form1120POLFiledInd00
IRS990ScheduleC/PoliticalExpendituresAmt047108
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0NAKASEC ACTION FUND ORGANIZATION CANVASSED IN THE STATE OF VIRGINIA TO IDENTIFY, PERSUADE, AND TURN OUT VOTERS FOR WENDY GOODITIS FOR HOUSE DISTRICT 10 IN THE 2021 HOUSE OF DELEGATES ELECTION, DAN HELMER FOR HOUSE DISTRICT 40 IN THE 2021 HOUSE OF DELEGATES ELECTION, MARK HERRING FOR VIRGINIA ATTORNEY GENERAL 2021 ELECTION, TERRY MCAULIFFE FOR GOVERNOR OF VIRGINIA 2021 ELECTION, AND HALA AYALA FOR LIEUTENANT GOVERNOR OF VIRGINIA 2021 ELECTION.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
IRS990ScheduleC/TotalExemptFunctionExpendAmt047108
IRS990ScheduleC/VolunteerHoursCnt060
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt065000
IRS990ScheduleI/RecipientTable/CashGrantAmt127500
IRS990ScheduleI/RecipientTable/CashGrantAmt275000
IRS990ScheduleI/RecipientTable/CashGrantAmt325000
IRS990ScheduleI/RecipientTable/CashGrantAmt425000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(4)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0IMMIGRANT RIGHTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1IMMIGRANT RIGHTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2IMMIGRANT RIGHTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3IMMIGRANT RIGHTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4IMMIGRANT RIGHTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NATIONAL KOREAN AMERICAN SERVICE AND EDUCATION CONSORTIUM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1TIDES ADVOCACY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2WOORI CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3HANA CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4MINKWON CENTER FOR COMMUNITY ACTION
IRS990ScheduleI/RecipientTable/RecipientEIN0113303986
IRS990ScheduleI/RecipientTable/RecipientEIN1943153687
IRS990ScheduleI/RecipientTable/RecipientEIN2844038784
IRS990ScheduleI/RecipientTable/RecipientEIN3362746468
IRS990ScheduleI/RecipientTable/RecipientEIN4112710506
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04300 N CALIFORNIA AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11012 TORNEY AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2100 W MAIN ST STE 320
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt34300 N CALIFORNIA AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4133-29 41ST AVE STE 202
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/CityNm2LANSDALE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm4QUEENS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060618
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd194129
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd219446
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd360618
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd411355
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0RECIPEINTS ARE ASKED TO SUBMIT A FINANCIAL REPORT ON HOW THE FUNDS WERE EXPENDED AFTER THE GRANT PERIOD HAS ENDED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO OTHER COMMITTEES THAT CAN ACT ON BEHALF OF THE FULL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DRAFT FEDERAL FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACTORS: PROGRAM SERVICE EXPENSES 56,630. MANAGEMENT AND GENERAL EXPENSES 16,700. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,330.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NAKASEC ACTION FUND DOES NOT DIRECTLY HIRE OR COMPENSATE OFFICERS. ALL OFFICERS ARE EMPLOYED BY THE NAKASEC, AN UNRELATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(3). NAKASEC ACTION FUND OPERATES UNDER A COST SHARING AGREEMENT WITH NAKASEC, APPROVED BY THE BOARD OF DIRECTORS OF EACH ORGANIZATION, UNDER WHICH NAKASEC EMPLOYS BOTH ORGANIZATION'S STAFF MEMBERS AND PAYS FOR GENERAL AND ADMINISTRATIVE EXPENSES. NAKASEC ACTION FUND REIMBURSES NAKASEC FOR ITS SHARE OF THESE EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART I, LINE 5:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt070070
IRS990/TotalAssetsEOYAmt0269674
IRS990/TotalAssetsGrp/BOYAmt070070
IRS990/TotalAssetsGrp/EOYAmt0269674
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0832137
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038225
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0591894
IRS990/TotalFunctionalExpensesGrp/TotalAmt0630119
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08876
IRS990/TotalLiabilitiesEOYAmt0210
IRS990/TotalLiabilitiesGrp/BOYAmt08876
IRS990/TotalLiabilitiesGrp/EOYAmt0210
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt061194
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0269464
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0591894
IRS990/TotalReportableCompFromOrgAmt0653
IRS990/TotalRevenueGrp/ExclusionAmt06252
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0838389
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt070070
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0269674
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt048896
IRS990/TravelGrp/TotalAmt048896
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013890 BRADDOCK ROAD 309
IRS990/USAddress/CityNm0CENTREVILLE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd020121
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0NAKASECACTIONFUND.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0REBECCA BELCORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COO
ReturnHeader/BusinessOfficerGrp/PhoneNum07032562208
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NAKASEC ACTION FUND
ReturnHeader/Filer/BusinessNameControlTxt0NAKA
ReturnHeader/Filer/EIN0870752611
ReturnHeader/Filer/PhoneNum07032562208
ReturnHeader/Filer/USAddress/AddressLine1Txt013890 BRADDOCK ROAD 309
ReturnHeader/Filer/USAddress/CityNm0CENTREVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020121
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0111986323
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARCUM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01899 L STREET NW 850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020036
ReturnHeader/PreparerPersonGrp/PhoneNum02028225000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK SMITH
ReturnHeader/ReturnTs02023-10-06T11:07:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0REBECCA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BELCORE
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$269,674
Liabilities
$210
Net assets
$269,464
Revenue
$838,389
Expenses
$630,119
Net income
$208,270
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.55$1.01$3.54$2.50$1.67$0.84
2022Detailed filing. Detailed filing data is available for this year.$2.70$0.00$2.69$8.38$6.30$2.08
2022Summary only. Only limited summary data is available for this year.$2.70$0.00$2.69$8.38$6.30$2.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.09$0.61$2.21$2.11$0.10
2020Summary only. Only limited summary data is available for this year.$0.51$0.00$0.05$0.04$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.90$0.62$0.28
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$0.08$0.02$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$0.03$0.00$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$0.03$0.00$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.05$0.00$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.00$0.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.00$0.00$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.00$0.00$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.02$0.02$0.01