Acronym INC FY2023 filing

Homestead, FLUnknown exempt organizationEIN 87-1323260

54¢ of each $1 spent went to programs.
$176K paid to officers and key staff.
Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
54%
of spending
Worth a look: 54% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$176K
to officers and key staff · 34% of spending
Concern: pay to officers and key staff is 34% of spending; over 30%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
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
$510K
+9% vs prior year
Spent
$514K
To programs
54%
Net assets
$14K
By yearFY2022–FY2024
Revenue
$510K
FY2023▲ +9%
Revenue by fiscal year
FY2022$469K
FY2023$510K
FY2024$199K
Expenses
$514K
FY2023▲ +10%
Expenses by fiscal year
FY2022$466K
FY2023$514K
FY2024$213K
Net assets
$14K
FY2023▼ -20%
Net assets by fiscal year
FY2022$18K
FY2023$14K
FY2024$0

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 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

54 cents of each dollar spent went to programs.

Program services 54% · $279K Management & general 44% · $224K Fundraising 2% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

4 people listed on the 990; $176K paid to officers and key staff.

Part VII, Section A · reportable compensation
Digital Director
$115,000Pt VII · Sec A
Executive Director
$60,500Pt 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.

See Acronym INC executive salaries →

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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.

Provided by the organization

This section is blank until Acronym INC claims this page.

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1 program service account for $279K of program spending, described in the organization's own filed words · FY2023.
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…

$279Kprogram expense

Run this program? Claim this org to tell your story

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 FY2023 990, line by line.

1The main four
Money inPt VIII
$510K
Ln 12
Gifts and grantsLn 1h$490K
Fees for servicesLn 2g$20K
Money outPt IX
$514K
Ln 25
Programscol B$279K
Managementcol C$224K
Fundraisingcol D$10K
Owns and owesPt X
$14K
net assets · Ln 32
Cash and savingsLn 1–2$14K
Total assetsLn 16$14K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$490K
Fees for servicesLn 2g$20K
Total revenueLn 12$510K
Assets in detailPt X, end of year
CashLn 1$14K
Cash and savings togetherLn 1–2$14K
Total assetsLn 16$14K
LiabilitiesLn 26$0
Net assetsLn 32$14K
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 FY23End FY23
Cash and savingsLn 1–2$18K$14K
Total assetsLn 16$18K$14K
LiabilitiesLn 26$0$0
Net assetsLn 32$18K$14K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$44K$44K
Pay of current officers, directors and key staffLn 5$60K$36K$24K
Other salaries and wagesLn 7$241K$145K$96K
Other employee benefitsLn 9$22K$13K$9K
Payroll taxesLn 10$51K$31K$20K
Management feesLn 11a$54K$10K$34K$10K
Legal feesLn 11b$8K$8K
Accounting feesLn 11c$6K$6K
Office expensesLn 13$20K$20K
Information technologyLn 14$480$480
TravelLn 17$7K$7K
Total functional expensesLn 25$514K$279K$224K$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $199K$213K−$14K$0 990 PDF
FY2023 Viewing $510K$514K−$4K$14K 990 PDF
FY2022 $469K$466K$3K$18K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $510,000 across 4 lines filed
VIII-1f All other contributions, gifts and grants$490,000
VIII-1h Total contributions, gifts and grants$490,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,000$20,000
VIII-12 Total revenueRelated to mission $20,000 · Unrelated business $0 · Excluded from tax $0$510,000
Part IX · Statement of functional expenses $513,526 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $43,754$43,754
IX-5 Pay of current officers, directors and key staffPrograms $36,300 · Management $24,200$60,500
IX-7 Other salaries and wagesPrograms $144,737 · Management $96,492$241,229
IX-9 Other employee benefitsPrograms $13,240 · Management $8,826$22,066
IX-10 Payroll taxesPrograms $30,602 · Management $20,401$51,003
IX-11a Management feesPrograms $10,198 · Management $33,994 · Fundraising $10,198$54,390
IX-11b Legal feesManagement $7,641$7,641
IX-11c Accounting feesManagement $5,758$5,758
IX-13 Office expensesManagement $19,802$19,802
IX-14 Information technologyManagement $480$480
IX-17 TravelManagement $6,903$6,903
IX-25 Total functional expensesPrograms $278,831 · Management $224,497 · Fundraising $10,198$513,526
Part X · Balance sheet $13,975 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $17,501$13,975
X-16 Total assetsStart of year $17,501$13,975
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $17,501$13,975
X-32 Total net assets or fund balancesStart of year $17,501$13,975
X-33 Total liabilities and net assetsStart of year $17,501$13,975
Part XI · Reconciliation of net assets $13,975 net assets at year end
XI-1 Total revenue$510,000
XI-2 Total expenses$513,526
XI-3 Revenue less expenses−$3,526
XI-4 Net assets at start of year$17,501
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,975

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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