Cfc Action Fund INC EIN 86-2216211 Form 990 (PDF) Claim this org

Cfc Action Fund INC

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Advocates for better education laws and programs in Wisconsin through research and publicizing officials' stances. For fiscal year 2025 it reported $748K in revenue, $455K in expenses, and $356K in net assets.Pt I

Type
Membership association · Education
Location
Milwaukee, WI
Website
cfcactionfund.org
Filings
1 on file (2025–2025)
Revenue
$748KFY2025
Expenses
$455K
Net assets
$356K
People
7
Filings
1
Updates
0
More identity details & actions ⌄
EIN  86-2216211 Membership association Milwaukee, WI
Form 990 (PDF)
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Size
$100K–1M
What they do
Advocates for better education laws and programs in Wisconsin through research and publicizing officials' stances.
Leadership
Cory Nettles · Chair of the Board
Money in and out
$748K revenue, $455K expenses
Bottom line
+39% operating surplus
Membership & operating revenue · FY2025
Total revenue
$748K
Pt VIII · Ln 12
Total expenses
$455K
Pt IX · Ln 25
Net assets
$356K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $294K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.10 Fundraising $0.02
Operating surplus
+39%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Program spending
88%
of expenses reach member services

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total revenue
$748K
Pt VIII · Ln 12
Total expenses
$455K
Pt IX · Ln 25
Net assets
$356K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$294K
Total assetsPt X · Ln 16$553K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCfc Action Fund INC
EINHdr · item D86-2216211
Principal addressHdr · item CMilwaukee, WI
WebsiteHdr · item Jcfcactionfund.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFEducation (B01)
Ruling yearIRS BMFJul 2025

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 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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chair of the Board
$0Pt VII · Sec A
President and Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $387K of program spending, described in the organization's own filed words · FY2024.
01

Grassroots Activation

CFC action fund (caf) engages in activities to inform and engage the wisconsin community about issues relating to our mission of advancing the conditions necessary to sustain an ecosystem of high-quality school choices for wisconsin's students and families.

$282Kprogram expense
02

Direct Lobbying

Caf engaged in state and local direct lobbying to advance its mission and priorities with the state legislature and state government officials.

$89Kprogram expense
03

Political

Our political activities provide support for elected officials and candidates who align with the organization's policy agenda and priorities.

$16Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$748K
Total revenueLn 12$748K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.10 Fundraising $0.02
Program services88%$399K
Management & general10%$46K
Fundraising2%$9K
Total functional expensesLn 25$455K

Balance Sheet

Part X · end of year
CashLn 1$395K
Total assetsLn 16$553K
Total liabilitiesLn 26$197K
Total net assetsLn 32$356K
Months of cash on handcomputed10.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $395K · Operating expenses/yr $455K
10.4 months
Where the money goes
Program services
Program services $399K · Total expenses $455K
88%
Management & General
Management & general $46K · Total expenses $455K
10%
Fundraising
Fundraising $9K · Total expenses $455K
2%
Cost to raise $1
Fundraising expense $9K · Solicited contributions $748K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $748K · Total revenue $748K
100%
Government reliance
Government grants — · Total revenue $748K
Earned-income share
Program service revenue $0 · Total revenue $748K
0%
Investment reliance
Investment income $0 · Total revenue $748K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $455K
0%
Growth & trend
Revenue growth (YoY)
This year $748K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $356K · Beginning of year $63K
+469%
Balance sheet
Surplus Margin
Revenue $748K · Expenses $455K
+39%
Liabilities-to-Assets
Total liabilities $197K · Total assets $553K
36%
Net-asset ratio
Net assets $356K · Total assets $553K
64%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $553K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cory Nettles · Reported title CHAIR OF THE BOARD · Highest reported compensation $0 · Total expenses $455K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $455K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 10%
Fundraising cost ratio 1%
Legal fee ratio 3%
Accounting fee ratio 4%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$300K
Grants paid · 3 grants · $135K · 2024–2024
The Jobs First Coalition INCWI · FY2024$100,000
Agencyact INCFY2024$25,000

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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)$748K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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