Action For Democracy

EIN: 874640498 Public & Societal Benefit

Chicago, IL

Total Revenue
$7,777,230
Total Expenses
$5,891,600
Total Assets
$2,501,232
Net Assets
$2,279,651
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
IL
Principal Officer
David Koranyi
Phone
3472610797
Tax Period
2024-01-01 to 2024-12-31

Action For Democracy, founded in 2022, is a community nonprofit in the Public & Societal Benefit sector that reported $7.8M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 24% operating margin.

Mission

To activate the power of citizens to defend freedom and democracy worldwide.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,777,230
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $7,777,230

Expense Breakdown

Grants Paid $3,782,553
Salaries & Benefits $385,763
Fundraising Expenses $353,182
Program Expenses $4,672,278
Other Expenses $1,583,507
TOTAL EXPENSES $5,891,600

Year-over-Year Comparison

2024 2023 Change
Revenue $7,777,230 $6,457,728 +0.2%
Expenses $5,891,600 $4,774,360 +0.2%
Net Income $1,885,630 $1,683,368 +0.1%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

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
3
Independent Members
1
Employees
3
Volunteers
N/A

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
3
$356,842
Total Directors
4
$356,842
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Koranyi Board President 50.00
Officer Director
$297,602 $32,240 $329,842
Elisabeth Jennings Board Secretary 2.00
Officer Director
$0 $0 $0
Christopher Maroshegyi Board Treasurer 5.00
Officer Director
$27,000 $0 $27,000
Roberto Patino Board Member 2.00
Director
$0 $0 $0
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 $7,777,230 $5,891,600 $2,501,232 $1,885,630
2023 $6,457,728 $4,774,360 $771,800 $1,683,368
2022 $11,277,682 $12,567,030 $193,312 $-1,289,348
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