A4PP Inc

Nonprofit profile at a glance

EIN
931621279
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Raleigh, NC, USA
Phone
3038321050
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$1,901,422
Expenses
$2,332,053
Assets
$74,326
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Todd Steifel (Chair, Director & ED)
  • Michael McCorkle (Director, Secretary & General Counsel)
  • Sue Jackson (Director & Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Improving social welfare and the betterment of civic society by employing humor to oppose poliitical extremism and destructive social polarization regardless of ideological perspective, employing satire and comedy to comment upon political parties, candidates, PACS and other political organizations and actors-making fun of extremism, encouraging moderation and civility and brightening Americas social discourse.

What it reported doing in 2024

During 2024, the organization laid the foundation for a public launch of activities in early 2024. Accordingly, the organizations accomplishments in 2024 were merely preparatory to the active commencement of the organizations service activities. The organization began assembling a team of contractors skilled in persuasive communications strategies, comedy writing, graphic arts, and online media. The organization also invested considerable time in conferrals with attorneys & other professionals to ensure its communications plans would remain consistent with its tax-exempt status and social purpose and conform to the many legal and regulalatory constraints applicable to its planned activities (i.e. ensuring no infringement of intellectual property rights, ensuring that spoofs of individuals and organizations are clearly distinguishalbe as non-genuine and paradies, ensuring the organization has appropriate website policies and disclosures, etc.).

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 25
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.4%; rating input score 95
  • Fundraising efficiency: $474.94 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -22.6%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 95.4% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $2.2M in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Highest-paid contractors: 3 contractors listed · $1.4M reported
  • Consistency: 16 of 16 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.