Acronym INC FY2022 filing

Homestead, FLUnknown exempt organization EIN 87-1323260Revenue $469K in FY2022

On file with the IRS25550 Sw 152nd Avenue · Homestead, FL

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48¢ of each $1 spent went to programs.
$61K paid to officers and key staff.
Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
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
1 of 3
filings with a surplus
Average deficit $5K a year · 1% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
48%
of spending
Concern: 48% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$61K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $616K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$469K
Spent
$466K
To programs
48%
Net assets
$18K
By yearFY2022–FY2024
Revenue
$469K
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2022$469K
FY2023$510K
FY2024$199K
Expenses
$466K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2022$466K
FY2023$514K
FY2024$213K
Net assets
$18K
FY2022
Tap a bar for its year
Net assets by fiscal year
FY2022$18K
FY2023$14K
FY2024$0

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

48 cents of each dollar spent went to programs.

Program services 48% · $223K Management & general 49% · $231K Fundraising 3% · $12K

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

3 people listed on the 990; $61K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$61,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2023FY2022
Landru Parker$115,000—
Raymond Paultre$60,500$61,000

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 15aNo

Programs and updates

Acronym INC is a nonprofit organization based in Homestead, FL.

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Provided by the organization

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1 program · $223K · in their own filed words · FY2022
01

Acronym plus is working to support and build infrastructure for state 501(c)4 communications and research hubs across the country in 2022 and beyond. These hubs will conduct statewide research and determine the most effective communication to inform state residents about issues regarding the enivronment, healthcare, voting rights…

$223Kprogram 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 · FY2023
See all 5 funders →
Grants paid · 5 grants · $136K · 2022–2024
Project 68 INCFL · FY2024$5,500
Project 68 INCFL · FY2023$15,500

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$469K
Ln 12
Gifts and grantsLn 1h$439K
Fees for servicesLn 2g$30K
Money outPt IX
$466K
Ln 25
Programscol B$223K
Managementcol C$231K
Fundraisingcol D$12K
Owns and owesPt X
$18K
net assets · Ln 32
Cash and savingsLn 1–2$18K
Total assetsLn 16$18K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$439K
Noncash giftsLn 1g$2K
Fees for servicesLn 2g$30K
Total revenueLn 12$469K
Assets in detailPt X, end of year
CashLn 1$18K
Cash and savings togetherLn 1–2$18K
Total assetsLn 16$18K
LiabilitiesLn 26$0
Net assetsLn 32$18K
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
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 FY22End FY22
Cash and savingsLn 1–2$14K$18K
Total assetsLn 16$14K$18K
LiabilitiesLn 26$0$0
Net assetsLn 32$14K$18K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$30K$30K
Pay of current officers, directors and key staffLn 5$61K$37K$24K
Other salaries and wagesLn 7$147K$88K$59K
Other employee benefitsLn 9$13K$8K$5K
Payroll taxesLn 10$80K$48K$32K
Management feesLn 11a$66K$12K$41K$12K
Legal feesLn 11b$405$405
Accounting feesLn 11c$5K$5K
Office expensesLn 13$33K$33K
Information technologyLn 14$593$593
TravelLn 17$360$360
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$24K$24K
Total functional expensesLn 25$466K$223K$231K$12K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $199K$213K−$14K$0 990 PDF
FY2023 $510K$514K−$4K$14K 990 PDF
FY2022 Viewing $469K$466K$3K$18K 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 FY2022 990 (6 parts)
Part I · Summary $469,199 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $300,000$438,727
I-9 Program service revenuePrior year $0$30,472
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $300,000$469,199
I-13 Grants and similar amounts paidPrior year $210,000$30,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $40,439$301,140
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $35,349$134,770
I-18 Total expensesPrior year $285,788$465,910
I-19 Revenue less expensesPrior year $14,212$3,289
Part VI · Governance 2 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
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
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $469,199 across 5 lines filed
VIII-1f All other contributions, gifts and grants$438,727
VIII-1g Noncash contributions (included above)$2,000
VIII-1h Total contributions, gifts and grants$438,727
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $30,472$30,472
VIII-12 Total revenueRelated to mission $30,472 · Unrelated business $0 · Excluded from tax $0$469,199
Part IX · Statement of functional expenses $465,910 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $30,000$30,000
IX-5 Pay of current officers, directors and key staffPrograms $36,600 · Management $24,400$61,000
IX-7 Other salaries and wagesPrograms $88,371 · Management $58,914$147,285
IX-9 Other employee benefitsPrograms $7,675 · Management $5,117$12,792
IX-10 Payroll taxesPrograms $48,038 · Management $32,025$80,063
IX-11a Management feesPrograms $12,358 · Management $41,195 · Fundraising $12,358$65,911
IX-11b Legal feesManagement $405$405
IX-11c Accounting feesManagement $4,850$4,850
IX-13 Office expensesManagement $32,588$32,588
IX-14 Information technologyManagement $593$593
IX-17 TravelManagement $360$360
IX-23 InsuranceManagement $6,037$6,037
IX-24 Other expenses (24a–d)Management $24,026$24,026
IX-25 Total functional expensesPrograms $223,042 · Management $230,510 · Fundraising $12,358$465,910
Part X · Balance sheet $17,501 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $14,212$17,501
X-16 Total assetsStart of year $14,212$17,501
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $14,212$17,501
X-32 Total net assets or fund balancesStart of year $14,212$17,501
X-33 Total liabilities and net assetsStart of year $14,212$17,501
Part XI · Reconciliation of net assets $17,501 net assets at year end
XI-1 Total revenue$469,199
XI-2 Total expenses$465,910
XI-3 Revenue less expenses$3,289
XI-4 Net assets at start of year$14,212
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$17,501

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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