American Security Council Foundation

Tax-deductible

Sebastian, FL501(c)(3)InternationalEIN 36-2416220Revenue $145K in FY2024

On file with the IRSascf.usPo Box 781040, 32978-1040 · Sebastian, FLTax-exempt since Aug 1959Publicly supported charity — 170(b)(1)(A)(vi)

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Conducts educational research on national Security issues and seminars for the public.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
Run by 1 volunteers and 9 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $53K a year · 16% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$72K
to officers and key staff · 23% of spending
Top officer’s pay higher than 65% of similar orgs
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $8K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$145K
-67% vs prior year
Spent
$309K
To programs
62%
Net assets
$1.7M
By yearFY2020–FY2024
Revenue
$145K
FY2024▼ -67%
Tap a bar for its year
Revenue by fiscal year
FY2020$151K
FY2021$209K
FY2022$757K
FY2023$439K
FY2024$145K
Expenses
$309K
FY2024▼ -11%
Tap a bar for its year
Expenses by fiscal year
FY2020$321K
FY2021$435K
FY2022$557K
FY2023$347K
FY2024$309K
Net assets
$1.7M
FY2024▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.7M
FY2021$2.6M
FY2022$1.9M
FY2023$1.8M
FY2024$1.7M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1959.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $193K Management & general 36% · $110K Fundraising 2% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$71,654Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ms Joy Votrobek’s $72K as Executive Di is at the 65th percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ms Joy Votrobek$71,654$70,327$74,596——
Mr Laurence Sanford———$54,000$35,300

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See American Security Council Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Conducts research and public seminars on national security topics.

Provided by the organization

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1 program · $193K · in their own filed words · FY2024
01

The continued implementation of a comprehensive and bipartisan international security strategy.

$193Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$145K
Ln 12
Investment incomeLn 3$137K
Gifts and grantsLn 1h$9K
Money outPt IX
$309K
Ln 25
Programscol B$193K
Managementcol C$110K
Fundraisingcol D$7K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$15K
Total assetsLn 16$1.7M
LiabilitiesLn 26$3K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9K
Government grantsLn 1e$3K
Investment incomeLn 3$137K
Total revenueLn 12$145K
Assets in detailPt X, end of year
CashLn 1$15K
Cash and savings togetherLn 1–2$15K
InvestmentsLn 11–13$1.1M
Other assetsLn 15$2K
Total assetsLn 16$1.7M
LiabilitiesLn 26$3K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 59
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$36K$15K
InvestmentsLn 11–13$1.3M$1.1M
Total assetsLn 16$1.8M$1.7M
LiabilitiesLn 26$702$3K
Net assetsLn 32$1.8M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$72K$72K
Other salaries and wagesLn 7$58K$41K$13K$4K
Other employee benefitsLn 9$7K$7K
Payroll taxesLn 10$39K$27K$9K$3K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$4K$4K
Investment management feesLn 11f$7K$7K
Other fees for servicesLn 11g$30K$30K
Advertising and promotionLn 12$21K$20K$1K
Office expensesLn 13$5K$5K
Information technologyLn 14$11K$11K
OccupancyLn 16$39K$39K
TravelLn 17$716$716
Conferences, conventions and meetingsLn 19$1K$1K
InterestLn 20$425$425
Depreciation, depletion and amortizationLn 22$178$178
InsuranceLn 23$2K$779$780
Other expenses (24a–d)Ln 24$9K$9K
Total functional expensesLn 25$309K$193K$110K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $145K$309K−$164K$1.7M 990 PDF
FY2023 $439K$347K$92K$1.8M 990 PDF
FY2022 $757K$557K$200K$1.9M 990 PDF
FY2021 $209K$435K−$226K$2.6M 990 PDF
FY2020 $151K$321K−$169K$2.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $145,098 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $143,101$8,572
I-9 Program service revenue$0
I-10 Investment incomePrior year $296,262$136,526
I-11 Other revenue$0
I-12 Total revenuePrior year $439,363$145,098
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $149,541$176,036
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $197,409$133,416
I-18 Total expensesPrior year $346,950$309,452
I-19 Revenue less expensesPrior year $92,413−$164,354
Part VI · Governance 7 of 7 board members independent, 5 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $145,098 across 5 lines filed
VIII-1e Government grants$2,531
VIII-1f All other contributions, gifts and grants$6,041
VIII-1h Total contributions, gifts and grants$8,572
VIII-3 Investment incomeExcluded from tax $136,526$136,526
VIII-12 Total revenueExcluded from tax $136,526$145,098
Part IX · Statement of functional expenses $309,452 across 18 lines filed
IX-5 Pay of current officers, directors and key staffManagement $71,654$71,654
IX-7 Other salaries and wagesPrograms $40,901 · Management $13,439 · Fundraising $4,090$58,430
IX-9 Other employee benefitsPrograms $7,110$7,110
IX-10 Payroll taxesPrograms $27,189 · Management $8,934 · Fundraising $2,719$38,842
IX-11b Legal feesManagement $2,262$2,262
IX-11c Accounting feesManagement $3,891$3,891
IX-11f Investment management feesManagement $7,197$7,197
IX-11g Other fees for servicesPrograms $30,415$30,415
IX-12 Advertising and promotionPrograms $19,550 · Management $1,472$21,022
IX-13 Office expensesPrograms $5,379$5,379
IX-14 Information technologyPrograms $10,667$10,667
IX-16 OccupancyPrograms $39,132$39,132
IX-17 TravelPrograms $716$716
IX-19 Conferences, conventions and meetingsPrograms $1,265$1,265
IX-20 InterestManagement $425$425
IX-22 Depreciation, depletion and amortizationPrograms $178$178
IX-23 InsurancePrograms $779 · Management $780$1,559
IX-24 Other expenses (24a–d)Programs $9,308$9,308
IX-25 Total functional expensesPrograms $192,589 · Management $110,054 · Fundraising $6,809$309,452
Part X · Balance sheet $1,675,430 assets, 10 lines filed
Asset lines not itemized here account for $525,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $35,618$14,906
X-11 Publicly traded securitiesStart of year $1,273,430$1,132,554
X-14 Intangible assetsStart of year $923$744
X-15 Other assetsStart of year $2,021$2,226
X-16 Total assetsStart of year $1,836,992$1,675,430
X-17 Accounts payable and accrued expensesStart of year $702$2,793
X-25 Other liabilities$701
X-26 Total liabilitiesStart of year $702$3,494
X-32 Total net assets or fund balancesStart of year $1,836,290$1,671,936
X-33 Total liabilities and net assetsStart of year $1,836,992$1,675,430
Part XI · Reconciliation of net assets $1,671,936 net assets at year end
XI-1 Total revenue$145,098
XI-2 Total expenses$309,452
XI-3 Revenue less expenses−$164,354
XI-4 Net assets at start of year$1,836,290
XI-10 Net assets at end of year$1,671,936

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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