Action Tank FY2022 filing

Unknown exempt organization Cincinnati, OH EIN 83-3099604
Revenue
$227K
▲ +4%
FY2022 · Pt VIII · Ln 12
Expenses
$238K
▲ +41%
FY2022 · Pt IX · Ln 25
Net assets
$89K
FY2022 · Pt X · Ln 32
To programs
44%
FY2022 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2023
Revenue
$227K
FY2022▲ +4%
Expenses
$238K
FY2022▲ +41%

Partners with artists to research and promote new local public policy solutions.

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Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Last filed FY2023 — 3 yrs ago
Foundation funders?
1 funder — All Voting Is Local
$10K in the latest grant year. Details →
Spent on programs?
44% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
<$100K
↑ +4% vs prior year Details →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).


Partners with artists to research and promote new local public policy solutions.

Type
Unknown exempt organization · Nonprofit
Location
Cincinnati, OH
Website
www.actiontankusa.org
Filings
4 on file (2020–2022)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2023) →
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Where the money goes · FY2022
Where spending went · Part IX cols B–D
Program services $0.44 Management & general $0.56 Fundraising $0.00
Surplus margin
-5%
revenue over expenses, this year
Program spending
44%
of expenses reach programs

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Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$109K
FY2022▲ +9%
Total liabilities
$20K
FY2022
Revenue less expensesPt I · Ln 19−$11K
Total assetsPt X · Ln 16$109K
Program-expense ratioPt IX · col B44%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CAction Tank
EINHdr · item D83-3099604
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jwww.actiontankusa.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
$76,795Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Ioanna Paraskevopoulos Ioanna Paras$76,795——
Ioanna Paraskevopoulos—$15,645$700
Katherine Vogel——$1,100

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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Mission & Programs · Part III

Where the work happens

3 program services account for $71K of program spending, described in the organization's own filed words · FY2022.
01

City council school is a free program for engaged residents who are interested in running for cincinnati city council AND/OR want a deeper understanding of the citys government systems and practices to successfully champion new policy.

$24Kprogram expense
02

Action tank policy projects involve partnering with subject matter experts and artists to conduct best practices research community engagement on specific local policy issues, such as community benefits agreements and historic preservation.

$24Kprogram expense
03

Action tank academy is a set of free trainings and resources for engaged residents who are interested in running for cincinnati city council AND/OR want a deeper understanding of the city's government systems and practices to successfully champion new policy.

$23Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$170K · 75%
Program service revenue$57K · 25%
Contributions & grants75%$170K
Program service revenue25%$57K
Total revenueLn 12$227K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.44 Management & general $0.56 Fundraising $0.00
Program services44%$104K
Management & general56%$133K
Fundraising$910
Total functional expensesLn 25$238K

Balance Sheet

Part X · end of year
CashLn 1$83K
Total assetsLn 16$109K
Total liabilitiesLn 26$20K
Total net assetsLn 32$89K
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $83K · Operating expenses/yr $238K
4.2 months
Where the money goes
Program services
Program services $104K · Total expenses $238K
44%
Management & General
Management & general $133K · Total expenses $238K
56%
Fundraising
Fundraising $910 · Total expenses $238K
0.4%
Cost to raise $1
Fundraising expense (2-yr avg) $7K · Solicited contributions (2-yr avg) $192K
$0.03 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $170K · Total revenue $227K
75%
Government reliance
Government grants — · Total revenue $227K
—
Earned-income share
Program service revenue $57K · Total revenue $227K
25%
Investment reliance
Investment income $0 · Total revenue $227K
0%
Program self-sufficiency
Program service revenue $57K · Total expenses $238K
24%
Growth & trend
Revenue growth (YoY)
This year $227K · Prior year $218K
+4%
Net-asset trend (YoY)
End of year $89K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $227K · Expenses $238K
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $109K
—
Net-asset ratio
Net assets $89K · Total assets $109K
82%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $109K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ioanna Paraskevopoulos Ioanna Paras · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $77K · Total expenses $238K
32%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $145K · Total expenses $238K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 44%——
Overhead ratio 56%——
Fundraising cost ratio 0.5%——
Revenue growth 4%——
Legal fee ratio 2%——

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 · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$49K revenue · ⤓ 990 PDF
FY2022$227K revenue · viewing · ⤓ 990 PDF
FY2021$218K revenue · ⤓ 990 PDF
FY2020$157K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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