2024-10-18T14:17:51-05:00 2023-12-31 571157523 Aprio LLP 111 Rockville Pike Suite 600 Rockville MD 20850 990 2023-01-01 844031579 American Compass Inc AMER 4132009456 300 Independence Avenue SE Washington DC 20003 Oren Cass President/Treasurer/Chief Economist 4132009456 2024-10-15 1 0 Stacy Cullen P00974308 3012316200 2024-10-15 2023 2024-10-15 13:58:12Z Oren Cass 300 Independence Avenue SE Washington DC 20003 2475794 0 X americancompass.org X 2019 DE To restore an economic consensus that emphasizes the importance of family, community, and industry to the nation's liberty and prosperity. 7 6 7 6 0 0 1016876 2464960 0 0 3751 5184 4553 5650 1025180 2475794 85000 45030 0 0 989284 1007547 20000 26631 109162 501103 704812 1595387 1784020 -570207 691774 806008 1525374 113141 137209 692867 1388165 To restore an economic consensus that emphasizes the importance of family, community, and industry to the nation's liberty and prosperity. 0 0 1472864 45030 The American Compass program aims to advance new thinking about economics, events, and network-building. In 2023, we published three collections, hosted eight public events, and a number of additional private ones, and grew our membership group to approximately 186 members. 1472864 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AL AR CA CO FL GA HI IL KS KY MA MD ME MI MN MS NC ND NH NJ NM NV NY OH OK OR PA SC TN UT VA WA WI WV X Oren Cass 4132009456 300 Independence Avenue SE Washington DC 20003 Oren Cass Executive Director, Treasurer 40.00 X X 263416 0 50338 David Azerrad Secretary 1.00 X X 0 0 0 Jonathan Baron Director 1.00 X 0 0 0 Julius Krein Director 1.00 X 0 0 0 Robert Lighthizer Director 1.00 X 0 0 0 Michael Needham Director 1.00 X 0 0 0 Neil Patel Director 1.00 X 0 0 0 Chris Griswold Policy Director 40.00 X 137145 0 14699 Abigail Salvatore Communications Director 40.00 X 126425 0 17838 526986 0 82875 3 0 1 0 0 2464960 2464960 5184 5184 Credit Card Rewards 900099 5650 5650 5650 2475794 0 0 10834 10030 10030 35000 35000 313754 253371 45187 15196 564072 459185 77662 27225 55428 42873 9822 2733 18038 13953 3196 889 56255 46241 7656 2358 15811 15811 26631 26631 36637 36637 21094 21094 34070 15255 18815 66150 59745 5134 1271 60048 60048 45267 38191 7076 237667 232281 5386 31576 31576 4025 4025 Research and Surveys 67527 67527 Communications 60112 60112 Taxes and Licenses 18246 18246 Membership Fees 5000 5000 1582 1582 1784020 1472864 201994 109162 371873 485159 103348 9292 8426 689990 137570 55154 25392 82416 91590 194354 88600 116779 64163 806008 1525374 4362 78217 108779 58992 113141 137209 X 542957 763165 149910 625000 692867 1388165 806008 1525374 691774 3524 0 X X 0 1 X 1 0 X 1564751 1787568 1016876 2464960 6834155 1564751 1787568 1016876 2464960 6834155 901504 5932651 3751 5184 8935 1125 1796 4553 5650 13124 6856214 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 48975 48975 1735045 1784020 239201 59800 0 0 229769 239201 468970 703455 39616 48975 88591 57442 59800 117242 175863 0 137570 55154 82416 82416 Lease liability 58992 58992 X 2479318 3524 3524 2475794 0 2475794 1784020 0 1784020 0 1784020 Part X, Line 2: The Organization evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of December 31, 2023 and 2022, there are no accruals for uncertain tax positions. If applicable, the Organization records interest and penalties as a component of income tax expense. Tax years from 2020 through the current year remain open for examination by tax authorities. X X X X 1 American Philanthropic PO Box 1480 Hockessin DE 19707 Fundraising Consulting 0 250000 26000 224000 250000 26000 224000 AL AR AK CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN VA WA WI WV 1 Foundation for Social Connection 601 Massachusetts Avenue NW Suite 520 Washington DC 20001 861322969 501(c)(3) 10000 0 General Support 1 0 Common Good Economics Grants 2 35000 Part I, Line 2: We work directly with grantees to ensure completion of their work and promotion of the completed projects. X X X 0 0 0 0 0 0 0 1 0 Oren Cass Executive Director, Treasurer 239216 0 24200 0 0 0 22500 0 27838 0 313754 0 0 0 Chris Griswold Policy Director 124398 0 12747 0 0 0 14022 0 677 0 151844 0 0 0 Part I, Line 7 The organization's policy director and the organization's communication's director received discretionary bonuses which are included in their reportable compensation. Form 990, Part VI, Section A, line 6 The organization has a single class of members. Form 990, Part VI, Section A, line 7a The organization's members have the power to elect the dircetors of the organization. Form 990, Part VI, Section A, line 7b The decisions to amend the organization's bylaws, amend the organization's certificate of incorporation, or to dissolve the organization are reserved to the members of the organization. Form 990, Part VI, Section B, line 11b American Compass has its form 990 prepared by an outside accounting firm. It is reviewed by management and sent to the audit committee for approval. A complete copy is provided to all members of the organization's governing body prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The organization has a written conflict of interest policy which applies to all board members and officers of the organization. Such persons are required to submit a statement upon assuming their roles, and then on an annual basis thereafter, whereby any existing potential conflicts of interest are disclosed. Disclosures are reviewed by organization's board of directors who determines if a conflict exists, and if so, whether to proceed with the transaction or arrangement. Interested persons must not be present at, participate in, influence, or attempt to influence any deliberations, discussions or vote in connection with the transaction. Form 990, Part VI, Section B, line 15a The compensation of the executive director is determined by a vote of the governance committee, which has the responsibility for reviewing the compensation program of the organization on an annual basis and approving any changes to the president's compensation. The committee reviews publicly disclosed compensation for persons in comparable roles at comparable organizations. Documentation of the compensation decision is retained in the organization's electronic files. The process last occurred in 2022. Form 990, Part VI, Section C, line 19 The organization makes its form 990 available for public inspection as required under Section 6104 of the internal revenue code. The return is also posted on Guidestar.org and other similar types of websites. In addition, the organization's financial statements, conflict of interest policy, articles of incorporation and bylaws are available upon written request. Form 990, Part XII, Line 2c: The organization has a finance committee which is responsible for oversight of the audit and selection of the independent accountant. The process has not changed from the prior year.