Foundation for Advancing Alcohol Responsibility

EIN: 363704297

Washington, DC

Total Revenue
$9,679,666
Total Expenses
$9,064,596
Total Assets
$11,670,514
Net Assets
$6,937,148
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
DE
Principal Officer
Chris Swonger
Phone
2026370077
Tax Period
2023-01-01 to 2023-12-31

Foundation for Advancing Alcohol Responsibility, founded in 1989, is a community nonprofit that reported $9.7M in total revenue in fiscal year 2023. Expenses of $9.1M left a modest 6% surplus.

Mission

The Foundation for Advancing Alcohol Responsibly leads in the fight to eliminate drunk driving and underage drinking and promotes responsible decision-making regarding beverage alcohol.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,125
Program Service Revenue $9,546,434
Investment Income $120,107
Other Revenue $0
TOTAL REVENUE $9,679,666

Expense Breakdown

Grants Paid $863,045
Salaries & Benefits $3,597,105
Fundraising Expenses $0
Program Expenses $6,446,047
Other Expenses $4,604,446
TOTAL EXPENSES $9,064,596

Year-over-Year Comparison

2023 2022 Change
Revenue $9,679,666 $9,463,173 +0.0%
Expenses $9,064,596 $8,949,165 +0.0%
Net Income $615,070 $514,008 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
22
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
16
$0
Key Employees
2
$739,367
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marc Bromfeld Chair 1.00
Officer Director
$0 $0 $0
Rick Wilson Vice Chair (JAN-JUN) 1.00
Officer Director
$0 $0 $0
Marco Barassi Board Member 1.00
Director
$0 $0 $0
Paul Basford Board Member 1.00
Director
$0 $0 $0
Kristin Bodenstedt Board Member 1.00
Director
$0 $0 $0
Kate Coler Board Member 1.00
Director
$0 $0 $0
Tara Engel Board Member 1.00
Director
$0 $0 $0
Ana Fitzgibbons Board Member 1.00
Director
$0 $0 $0
J Robert Hall Board Member 1.00
Director
$0 $0 $0
Leah Kelly Board Member 1.00
Director
$0 $0 $0
Terry McNaughton Board Member 1.00
Director
$0 $0 $0
Amy Martin Board Member 1.00
Director
$0 $0 $0
Pual Ross Board Member 1.00
Director
$0 $0 $0
Michael Rudy Board Member 1.00
Director
$0 $0 $0
Sarah Bradley Board Member (JAN-JUN) 1.00
Director
$0 $0 $0
Jim Perry Board Member (JAN-JUN) 1.00
Director
$0 $0 $0
Chirs Swonger President & CEO, FAAR 1.00
Officer
$0 $0 $0
Adrian Baxter CFO, FAAR 1.00
Officer
$0 $0 $0
Courtney Armour Chief Legal Secretary, FAAR 1.00
Officer
$0 $0 $0
Maureen Dalbec Chief, Communications & Branding 35.00
Key Emp
$254,124 $39,470 $293,594
Leslie Kimball COO & SVP Research & Data Analysis 35.00
Key Emp
$367,140 $78,633 $445,773
Kelly Poulsen SVP, Government Relations 35.00
Highest
$205,843 $30,303 $236,146
Darrin Grondel SVP, Traffic Safety 35.00
Highest
$177,951 $44,125 $222,076
Samuel Nathews VP, Brand Strategy 35.00
Highest
$171,524 $23,935 $195,459
Erin Hildreth VP, Communications 35.00
Highest
$126,764 $13,046 $139,810
Christopher Konschak Senior Director, Traffic Safety & GR 35.00
Highest
$105,529 $23,728 $129,257
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $9,679,666 $9,064,596 $11,670,514 $615,070
2022 $9,463,173 $8,949,165 $7,146,393 $514,008
2021 $9,447,393 $9,509,064 $7,801,723 $-61,671
2020 $9,145,162 $8,446,413 $7,564,685 $698,749
2019 $9,042,601 $7,493,837 $7,010,147 $1,548,764
2018 $8,836,831 $8,733,495 $5,483,826 $103,336
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