ADVANCE AMERICAN DEMOCRACY INC

EIN: 920895896

WILMINGTON, DE

Total Revenue
$1,800,000
Total Expenses
$2,316,005
Total Assets
$99,985
Net Assets
$-5,797
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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
DE
Principal Officer
KYLE HERRIG
Tax Period
2023-11-01 to 2024-10-31

ADVANCE AMERICAN DEMOCRACY INC, founded in 2022, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $2.3M exceeded revenue, resulting in a 29% operating deficit.

Mission

TO PROTECT DEMOCRACY BY ADVOCATING FOR POLICIES TO STRENGHTEN DEMOCRACY, EDUCATING THE PUBLIC ABOUT THREATS TO OUR DEMOCRACY, AND HIGHLIGHTING THE UNPOPULARITY OF FEDERAL POLICIES THAT PLACES MONEY AND POWER OVER THE RIGHTS AND FREEDOM OF THE AMERICAN PEOPLE.

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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 $1,800,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,800,000

Expense Breakdown

Grants Paid $409,108
Salaries & Benefits $0
Fundraising Expenses $216
Program Expenses $2,248,522
Other Expenses $1,906,897
TOTAL EXPENSES $2,316,005

Year-over-Year Comparison

2023 2022 Change
Revenue $1,800,000 $4,207,000 -0.6%
Expenses $2,316,005 $3,696,792 -0.4%
Net Income $-516,005 $510,208 -2.0%
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
2
Independent Members
2
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYLE HERRIG PRESIDENT TREASURER 1.00
Officer Director
$0 $0 $0
SARAH R KNIGHT SECRETARY 1.00
Officer 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 $1,800,000 $2,316,005 $99,985 $-516,005
2023 $4,207,000 $3,696,792 $606,783 $510,208
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