Issue One Action FY2024 filing

Washington, DCUnknown exempt organizationEIN 46-0792299Revenue $1.1M in FY2024

On file with the IRS1401 K Street No 350 · Washington, DC

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Issue One Action is committed to reducing the influence of well-financed special interests over politics and policy-making and putting everyday citizens back in control of our republic. Issue One Action works for an american political system in which voters are highly-educated about the role of money in politics and highly-motivated to hold their elected officials accountable for their positions and track records on the Issue.

93¢ of each $1 spent went to programs.
$6K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $168K a year · 25% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
33 mo
of spending, in cash
Looks good: 32.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $483K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$13K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+348% vs prior year
Spent
$167K
To programs
93%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$1.1M
FY2024▲ +348%
Tap a bar for its year
Revenue by fiscal year
FY2020$900K
FY2021$315K
FY2022$724K
FY2023$250K
FY2024$1.1M
FY2025$769K
Expenses
$167K
FY2024▼ -76%
Tap a bar for its year
Expenses by fiscal year
FY2020$860K
FY2021$241K
FY2022$391K
FY2023$703K
FY2024$167K
FY2025$706K
Net assets
$1.2M
FY2024▲ +381%
Tap a bar for its year
Net assets by fiscal year
FY2020$295K
FY2021$370K
FY2022$703K
FY2023$250K
FY2024$1.2M
FY2025$1.3M

From the FY2024 Form 990 (year ending June 2024) · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $154K Management & general 7% · $11K Fundraising 1% · $1K

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

26 people listed on the 990; $6K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chief Operating Officer
$1,942Pt VII · Sec A
Chief Executive Officer
$934Pt VII · Sec A
Deputy Chief of Strategy and Program
$864Pt VII · Sec A
Vice President, Communications
$776Pt VII · Sec A
Chief of Strategy and Program
$512Pt VII · Sec A
Senior Director of Advancement
$435Pt VII · Sec A
Vice President, Technology Reform
$339Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Louisa Imperiale$5,929—————
Amelia Leonardi$1,969$1,942$4,794$2,202$1,779$1,373
Meredith McGehee————$1,846$2,535
Ethan Rome—$512—$1,827$1,930$1,784
Alix Fraser$1,921$339————
Nicholas Penniman$294$934$1,920$978——
Nick Penniman————$1,250$1,553
Mahdokht Fassihian—$864————

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.

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering citizens to reduce special interest influence and hold officials accountable on political money.

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Provided by the organization

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1 program · $154K · in their own filed words · FY2023
01

Political reform advocacy issue one action leads a nonpartisan advocacy program committed to achieving lasting political reform. We advocate for free & fair elections and challenge election denier candidates. We push for responsible big tech and social media reforms.

$154Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 2 funders$483K
Grants paid · 1 grant · $250K · 2022–2022
Individual RecipientFY2022$250,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.1M
Money outPt IX
$167K
Ln 25
Programscol B$154K
Managementcol C$11K
Fundraisingcol D$1K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$453K
Total assetsLn 16$1.2M
LiabilitiesLn 26$13K
PeoplePt VI, VII
26
listed · VII A
PaidVII A7
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$453K
Cash and savings togetherLn 1–2$453K
Total assetsLn 16$1.2M
LiabilitiesLn 26$13K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 531
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$238K$453K
Total assetsLn 16$252K$1.2M
LiabilitiesLn 26$2K$13K
Net assetsLn 32$250K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$4K$4K
Other salaries and wagesLn 7$3K$1K$474$1K
Pension plan contributionsLn 8$93$47$35$11
Other employee benefitsLn 9$102$53$49
Payroll taxesLn 10$429$115$227$87
Legal feesLn 11b$135$135
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$153K$153K$682
Office expensesLn 13$643$209$328$106
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$276$270$6
Total functional expensesLn 25$167K$154K$11K$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $769K$706K$62K$1.3M 990 PDF
FY2024 Viewing $1.1M$167K$953K$1.2M 990 PDF
FY2023 $250K$703K−$453K$250K 990 PDF
FY2022 $724K$391K$333K$703K 990 PDF
FY2021 $315K$241K$74K$370K 990 PDF
FY2020 $900K$860K$40K$295K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,120,121 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $250,294$1,120,121
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $250,294$1,120,121
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $31,309$7,514
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $671,748$159,291
I-18 Total expensesPrior year $703,057$166,805
I-19 Revenue less expensesPrior year −$452,763$953,316
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,120,121 across 3 lines filed
VIII-1f All other contributions, gifts and grants$1,120,121
VIII-1h Total contributions, gifts and grants$1,120,121
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$1,120,121
Part IX · Statement of functional expenses $166,805 across 11 lines filed
IX-5 Pay of current officers, directors and key staffManagement $3,870$3,870
IX-7 Other salaries and wagesPrograms $1,457 · Management $474 · Fundraising $1,089$3,020
IX-8 Pension plan contributionsPrograms $47 · Management $35 · Fundraising $11$93
IX-9 Other employee benefitsPrograms $53 · Fundraising $49$102
IX-10 Payroll taxesPrograms $115 · Management $227 · Fundraising $87$429
IX-11b Legal feesManagement $135$135
IX-11c Accounting feesManagement $2,750$2,750
IX-11g Other fees for servicesPrograms $152,520 · Management $682$153,202
IX-13 Office expensesPrograms $209 · Management $328 · Fundraising $106$643
IX-23 InsuranceManagement $2,285$2,285
IX-24 Other expenses (24a–d)Management $270 · Fundraising $6$276
IX-25 Total functional expensesPrograms $154,401 · Management $11,056 · Fundraising $1,348$166,805
Part X · Balance sheet $1,216,922 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $237,928$452,896
X-3 Pledges and grants receivable$750,000
X-14 Intangible assetsStart of year $14,026$14,026
X-16 Total assetsStart of year $251,954$1,216,922
X-17 Accounts payable and accrued expensesStart of year $1,793$6,300
X-25 Other liabilitiesStart of year $0$7,145
X-26 Total liabilitiesStart of year $1,793$13,445
X-27 Net assets without donor restrictionsStart of year $250,161$1,203,477
X-32 Total net assets or fund balancesStart of year $250,161$1,203,477
X-33 Total liabilities and net assetsStart of year $251,954$1,216,922
Part XI · Reconciliation of net assets $1,203,477 net assets at year end
XI-1 Total revenue$1,120,121
XI-2 Total expenses$166,805
XI-3 Revenue less expenses$953,316
XI-4 Net assets at start of year$250,161
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,203,477

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

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