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American Promise Education Fund INC

Public charity
DBA: % JEFF CLEMENTS
Other · CONCORD, MA · EIN 47-4601462

About

To educate and empower americans about the essential role of constitutional amendments in our republican democracy and the importance of a 28th amendment to address the undue influence of money, corporations, unions and superpacs in our political process.

In care of JEFF Clements

Donations are tax-deductible
Category
Other
Employees
48
Volunteers
500

Financial Snapshot

FY ending 2024-12-31
Revenue
$3.9M
Expenses
$4.0M
Assets
$2.2M
Liabilities
$1.0M

Financial history

$4.0M$2.0M$0
161718192021222324
RevenueExpenses
Latest FY2024: $3.9M · Avg: $1.4M

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
—
Lobbying
$0
Grants Given
—
AMERICAN PROMISE EDUCATION FUND INC
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Address

33 Bradford Street
Concord, MA, 01742-298

Governance

Voting board members6
Independent members6
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersNo
Retained by contractors$28K
ChannelsEmail · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer ↗
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