1848 Project INC EIN 84-4343732 Form 990 (PDF) Claim this org

1848 Project INC FY2020 filing

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Develops and champions principled policy solutions for Wisconsin. For fiscal year 2020 it reported $691K in revenue, $46K in expenses, and $645K in net assets.Pt I

Founded
2020
Type
Membership association · Civil Rights & Advocacy
Location
Middleton, WI
Website
www.1848project.org
Filings
6 on file (2020–2020)
Revenue
$691KFY2020
Expenses
$46K
Net assets
$645K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  84-4343732 Membership association Middleton, WI Founded 2020
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Develops and champions principled policy solutions for Wisconsin.
Leadership
Rebecca Kleefisch · President · $40K
Money in and out
$691K revenue, $46K expenses
Bottom line
+93% operating surplus
Membership & operating revenue · FY2020
Total revenue
$691K
Pt VIII · Ln 12
Total expenses
$46K
Pt IX · Ln 25
Net assets
$645K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $645K
Where spending went · Part IX cols B–D
Program services $0.02 Management & general $0.98
Operating surplus
+93%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Payroll share
87%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$691K
FY2020
Expenses
$46K
FY2020
Total assets
$645K
FY2020
Total liabilities
$0
FY2020
Total revenue
$691K
Pt VIII · Ln 12
Total expenses
$46K
Pt IX · Ln 25
Net assets
$645K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$645K
Total assetsPt X · Ln 16$645K
Program-expense ratioPt IX · col B2%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C1848 Project INC
EINHdr · item D84-4343732
Principal addressHdr · item CMiddleton, WI
WebsiteHdr · item Jwww.1848project.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R19)
Ruling yearIRS BMFNov 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
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
$40,000Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Rebecca Kleefisch’s $158K as President is at the 93rd percentile of top reported officer pay among 1035 $100K–1M civil rights & advocacy 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2022FY2021FY2020
Rebecca Kleefisch$158,000$157,000$45,000$112,500$40,000
Charles Nichols$17,500$70,800
Bonnie Lee$42,000$68,250$30,000$4,017
Alec Zimmerman$51,000
Colleen Coyle$49,445
Kristen Nupson$30,000
Christina Nelson$22,919
Benjamin Garbedian$18,833

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

1 program service account for $850 of program spending, described in the organization's own filed words · FY2020.
01

Policy Listening Sessions

The 1848 Project hosted listening sessions and town hall meetings around the state to engage policy makers, community and business leaders, academic scholars, and the public at large to discuss and develop policy solutions.

$850program expense

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Statement of Revenue

Part VIII
Contributions & grants100%$691K
Total revenueLn 12$691K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.02 Management & general $0.98
Program services2%$850
Management & general98%$45K
Total functional expensesLn 25$46K

Balance Sheet

Part X · end of year
CashLn 1$645K
Total assetsLn 16$645K
Total liabilitiesLn 26$0
Total net assetsLn 32$645K
Months of cash on handcomputed167.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $645K · Operating expenses/yr $46K
167.3 months
Where the money goes
Program services
Program services $850 · Total expenses $46K
2%
Management & General
Management & general $45K · Total expenses $46K
98%
Fundraising
Fundraising $0 · Total expenses $46K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $691K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $691K · Total revenue $691K
100%
Government reliance
Government grants $0 · Total revenue $691K
0%
Earned-income share
Program service revenue $0 · Total revenue $691K
0%
Investment reliance
Investment income $0 · Total revenue $691K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $46K
0%
Growth & trend
Revenue growth (YoY)
This year $691K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $645K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $691K · Expenses $46K
+93%
Liabilities-to-Assets
Total liabilities — · Total assets $645K
Net-asset ratio
Net assets $645K · Total assets $645K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $645K
0%
People & payroll
Highest Reported Total Compensation
Individual Rebecca Kleefisch · Reported title President · Highest reported compensation $40K · Total expenses $46K
87%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $40K · Total expenses $46K
87%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 2%
Overhead ratio 98%
Fundraising cost ratio 0%

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 · FY2024
Total grants receivedfrom 2 funders$95K

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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
FY2025 (Latest)$489K revenue · ⤓ 990 PDF
FY2024$379K revenue · ⤓ 990 PDF
FY2023$382K revenue · ⤓ 990 PDF
FY2022$300K revenue · ⤓ 990 PDF
FY2021$393K revenue · ⤓ 990 PDF
FY2020$691K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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