AMERICA FIRST POLICY INSTITUTE INC

EIN: 854202763 501(c)(3) Education

FORT WORTH, TX

Total Revenue
$27,319,085
Total Expenses
$22,934,132
Total Assets
$9,873,304
Net Assets
$9,126,444
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
TX
Principal Officer
BROOKE ROLLINS
Phone
7036373690
Tax Period
2023-01-01 to 2023-12-31

AMERICA FIRST POLICY INSTITUTE INC, founded in 2020, is a mid-sized nonprofit in the Education sector that reported $27.3M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.4M, a strong 16% operating margin.

Mission

THE AMERICA FIRST POLICY INSTITUTE (AFPI) IS A 501(C)(3) NON-PROFIT, NONPARTISAN RESEARCH INSTITUTE. AFPI EXISTS TO ADVANCE POLICIES THAT PUT THE AMERICAN PEOPLE FIRST. OUR GUIDING PRINCIPLES ARE LIBERTY, FREE ENTERPRISE, NATIONAL GREATNESS, AMERICAN MILITARY SUPERIORITY, FOREIGN-POLICY ENGAGEMENT IN THE AMERICAN INTEREST, THE PRIMACY OF AMERICAN WORKERS, FAMILIES, AND COMMUNITIES IN ALL WE DO.

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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 $28,732,989
Program Service Revenue $0
Investment Income $30,173
Other Revenue $-1,444,077
TOTAL REVENUE $27,319,085

Expense Breakdown

Grants Paid $351,500
Salaries & Benefits $11,442,305
Fundraising Expenses $3,353,901
Program Expenses $18,500,760
Other Expenses $10,365,073
TOTAL EXPENSES $22,934,132

Year-over-Year Comparison

2023 2022 Change
Revenue $27,319,085 $23,618,246 +0.2%
Expenses $22,934,132 $22,348,233 +0.0%
Net Income $4,384,953 $1,270,013 +2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
10
Employees
94
Volunteers
437

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
$1,144,617
Total Directors
11
$560,592
Key Employees
2
$575,364
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BROOKE ROLLINS PRESIDENT & CEO 40.00
Officer Director
$552,040 $8,552 $560,592
LINDA MCMAHON CHAIR 5.00
Officer Director
$0 $0 $0
LARRY KUDLOW VICE CHAIR 5.00
Officer Director
$0 $0 $0
TIM DUNN DIRECTOR 5.00
Director
$0 $0 $0
BOB UNANUE DIRECTOR 5.00
Director
$0 $0 $0
TRISH DUGGAN DIRECTOR 5.00
Director
$0 $0 $0
CODY CAMPBELL DIRECTOR 5.00
Director
$0 $0 $0
MARK PENTECOST DIRECTOR 5.00
Director
$0 $0 $0
NEWT GINGRICH DIRECTOR 5.00
Director
$0 $0 $0
KEVIN HASSETT DIRECTOR 5.00
Director
$0 $0 $0
DAVID HERCHE DIRECTOR 5.00
Director
$0 $0 $0
CHAD WOLF EXECUTIVE DIRECTOR/TREASURER 40.00
Officer
$387,914 $7,374 $395,288
JESSICA STEINMANN SECRETARY/GENERAL COUNSEL 40.00
Officer
$180,749 $7,988 $188,737
MARTIN GILLESPIE CHIEF DEVELOPMENT OFFICER 40.00
Key Emp
$350,140 $9,527 $359,667
HOPE HUDSON CHIEF OF STAFF 40.00
Key Emp
$210,631 $5,066 $215,697
DOUGLAS HOELSCHER CHAIR FOR THE AMERICA FIRST TRANSITION 40.00
Highest
$237,014 $7,374 $244,388
JOSEPH KELLOGG JR CO-CHAIR FOR THE CENTER 40.00
Highest
$237,950 $0 $237,950
RICHARD LAWSON SENIOR LITIGATOR 40.00
Highest
$232,487 $0 $232,487
ROBERT LAW CENTER OF HOMELAND SECURITY DIRECTOR 40.00
Highest
$219,494 $8,526 $228,020
STEPHEN YATES SENIOR FELLOW AND CHAIR 40.00
Highest
$218,690 $6,614 $225,304
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 $27,319,085 $22,934,132 $9,873,304 $4,384,953
2022 $23,618,246 $22,348,233 $6,068,756 $1,270,013
2021 $14,195,522 $10,830,742 $3,850,844 $3,364,780
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