American Future Fund EIN 26-0620554 Form 990 (PDF) Claim this org

American Future Fund FY2021 filing

Not yet claimed Claim this org →

Educates Americans on conservative free market principles. For fiscal year 2021 it reported $360K in revenue, $962K in expenses, and $1.8M in net assets.Pt I

Type
Membership association · Public & Societal Benefit
Location
West Des Moines, IA
Website
www.americanfuturefund.com
Filings
5 on file (2020–2021)
Revenue
$360KFY2021
Expenses
$962K
Net assets
$1.8M
People
2
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-0620554 Membership association West Des Moines, IA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until American Future Fund claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Educates Americans on conservative free market principles.
Leadership
Jen Robertson · Secretary
Money in and out
$360K revenue, $962K expenses
Bottom line
-167% operating surplus
Membership & operating revenue · FY2021
Total revenue
$360K
Pt VIII · Ln 12
Total expenses
$962K
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$602K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17
Operating surplus
-167%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Program spending
83%
of expenses reach member services

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$360K
FY2021▼ -86%
Expenses
$962K
FY2021▼ -71%
Total assets
$1.8M
FY2021▼ -25%
Total liabilities
$0
FY2021
Total revenue
$360K
Pt VIII · Ln 12
Total expenses
$962K
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$602K
Total assetsPt X · Ln 16$1.8M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

3 program services account for $728K of program spending, described in the organization's own filed words · FY2021.
01

The organization's primary exempt purpose is to educate and advocate for conservative and free market ideas by providing the american people a mechanism to communicate and advocate on the issues that most interest and concern them.

$623Kprogram expense
02

An exempt purpose of the organization is for the correction of ethics and corruption in government. Aff has long advocated for transparency and good governance at all levels of government. Where there are examples of unethical behavior or corruption, aff has been at the forefront of investigations and research into those situations.

$88Kprogram expense
03

An exempt purpose of the organization is to analyze legislation and promote public policy that empowers american farmers and ranchers to best be able to compete in the world market.

$18Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAmerican Future Fund
EINHdr · item D26-0620554
Principal addressHdr · item CWest Des Moines, IA
WebsiteHdr · item Jwww.americanfuturefund.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W24)
Ruling yearIRS BMFOct 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
President/Treasurer
$0Pt VII · Sec A
See American Future Fund executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$358K · 99%
Investment income$2K · 1%
Contributions & grants99%$358K
Investment income1%$2K
Total revenueLn 12$360K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$798K
Management & general17%$164K
Total functional expensesLn 25$962K

Balance Sheet

Part X · end of year
CashLn 1$1.8M
Total assetsLn 16$1.8M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.8M
Months of cash on handcomputed23.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.8M · Operating expenses/yr $962K
23.1 months
Where the money goes
Program services
Program services $798K · Total expenses $962K
83%
Management & General
Management & general $164K · Total expenses $962K
17%
Fundraising
Fundraising $0 · Total expenses $962K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $1.4M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $358K · Total revenue $360K
99%
Government reliance
Government grants — · Total revenue $360K
Earned-income share
Program service revenue $0 · Total revenue $360K
0%
Investment reliance
Investment income $2K · Total revenue $360K
+0.6%
Program self-sufficiency
Program service revenue $0 · Total expenses $962K
0%
Growth & trend
Revenue growth (YoY)
This year $360K · Prior year $2.5M
-86%
Net-asset trend (YoY)
End of year $1.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $360K · Expenses $962K
-167%
Liabilities-to-Assets
Total liabilities — · Total assets $1.8M
Net-asset ratio
Net assets $1.8M · Total assets $1.8M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.8M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jen Robertson · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $962K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $962K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 17%
Fundraising cost ratio 0%
Revenue growth -86%
Legal fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 10 grants · $1.0M · 2020–2024
American Future Fund - FloridaFY2024$87,252
Empower Iowa FundIA · FY2024$10,000
The Patriots FoundationIA · FY2024$8,500
Empower Iowa FundIA · FY2023$47,000
Empower Iowa FundIA · FY2022$83,000
Frontiers of FreedomFY2022$58,500
Empower Iowa FundIA · FY2021$97,000
DonorstrustVA · FY2020$200,000
Empower Iowa FundIA · FY2020$77,500

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$758K revenue · ⤓ 990 PDF
FY2023$589K revenue · ⤓ 990 PDF
FY2022$485K revenue · ⤓ 990 PDF
FY2021$360K revenue · viewing · ⤓ 990 PDF
FY2020$2.5M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.