2024-11-11T06:52:54-06:00 2023-12-31 BDO USA 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2023-01-01 300192708 Center For American Progress Action Fund % DEANNA NESBURG CENT 2026821611 1333 H Street NW Suite 100E WASHINGTON DC 20005 DEANNA NESBURG treasurer 2026821611 2024-11-04 true true Marc Berger P01871563 7038930600 2024-11-08 2023 2024-10-15 13:58:12Z DEANNA NESBURG 1333 H Street NW100E WASHINGTON DC 20005 9423724 false X WWW.AMERICANPROGRESSACTION.ORG X 2002 DC TO SHAPE THE NATIONAL POLICY DEBATE AND TRANSFORM PROGRESSIVE CONCEPTS INTO POLICY. 5 4 244 5 1652 0 9174956 9317702 0 0 29280 104202 8425 1820 9212661 9423724 25000 320000 0 0 5281069 5539333 0 0 39173 5524892 4710106 10830961 10569439 -1618300 -1145715 4505040 6343066 777586 3761327 3727454 2581739 X THE CENTER FOR AMERICAN PROGRESS ACTION FUND'S (THE ACTION FUND) MISSION IS TO IMPACT THE NATIONAL DEBATE AND TRANSFORM PROGRESSIVE IDEAS INTO POLICY THROUGH RAPID RESPONSE COMMUNICATIONS, PUBLIC EDUCATION, GRASSROOTS ORGANIZATION - CONTINUED ON SCH. O true false 8339362 120000 0 OUTREACH AND ADVOCACY: THE OUTREACH AND ADVOCACY DEPARTMENT LED THE EFFORT TO BUILD POSITIVE ECONOMIC BRANDING CENTERED AROUND MAJOR LEGISLATIVE ACCOMPLISHMENTS SUCH AS THE INFLATION REDUCTION ACT, THE CHIPS AND SCIENCE ACT, AND THE INFRASTRUCTURE INVESTMENT AND JOBS ACT. THE DEPARTMENT CONDUCTED EXTENSIVE MESSAGE RESEARCH, CREATED DIGITAL CONTENT, AND WORKED WITH A WIDE RANGE OF PARTNERS (ORGANIZATIONS AND ELECTED OFFICIALS) TO ALIGN ON BRANDING AND CORE MESSAGING. 510848 200000 0 POLICY PROGRAMS: PUBLIC POLICY RESEARCH AND ANALYSIS WAS CONDUCTED ACROSS FIVE CROSS-CUTTING PRIORITIES: DEMOCRACY, ECONOMY, CLIMATE, RACIAL EQUITY AND JUSTICE, AND HEALTH. 453969 0 0 COMMUNICATIONS: ADVANCED PROGRESSIVE IDEAS AND MESSAGES THROUGH COMMUNICATIONS AND EXPANDED USE OF DIGITAL AND SOCIAL MEDIA AS WELL AS TRADITIONAL NEWS MEDIA. ADDRESSED TIMELY PUBLIC POLICY AND POLITICAL ISSUES THROUGH RAPID RESPONSE AND ANALYSIS. MAJOR ACCOMPLISHMENTS INCLUDED SHAPING THE MESSAGING AROUND A PROGRESSIVE ECONOMIC AGENDA, TACKLING THE CLIMATE CRISIS, AND RESTORING VOTING RIGHTS. 124326 0 0 EXECUTIVE OFFICE 124326 0 0 9428505 false true true false false false false false false true false false false true true true false false false true true false false false false false true false true false false false false false false false false false false false false false false false false true 13 0 true 244 true true true false false false false false false false X 5 4 false false false false false false false true true false false true true true true true true true false false AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X DEANNA NESBURG 2026821611 1333 H STREET NW SUITE 100E WASHINGTON DC 20005 X NAVIN NAYAK PRESIDENT & EXECUTIVE DIRECTOR 33.0 0.0 X 212656 0 38557 LAURA RODRIGUEZ VP, GOVERNMENT AFFAIRS 33.0 0.0 X 141114 0 7419 ELLIE LANGFORD SR. DIR.,STRATEGIC PRTNRSHPS. 33.0 0.0 X 103611 0 28703 ALEX WALL THRU 92123 SVP, DIGITAL COMMUNICATIONS 33.0 0.0 X 119416 0 10917 JOEL MAYSONET DIRECTOR, VID., DIGITAL ADVOC. 34.0 0.0 X 101268 0 13650 PATRICK GASPARD CEO AND DIRECTOR 3.0 0.0 X X 32910 0 4934 DEANNA NESBURG AS OF 323 CFO & TREASURER 6.0 0.0 X 31020 0 3771 GYPSY MOORE323 ThRU 92623 SVP, GEN. COUNSEL & SECRETARY 6.0 0.0 X 23584 0 5429 ROZINA KIFLOM AS OF 92623 DEPUTY GC & SECRETARY 6.0 0.0 X 25615 0 2725 KEVIN TORUNO THRU 2102023 CFO AND TREASURER 5.0 0.0 X 17862 0 855 WENDY ABRAMS THRU 112923 DIRECTOR 1.0 0.0 X 0 0 0 PHIL ANGELIDES DIRECTOR 1.0 0.0 X 0 0 0 GEORGE HANLEY DIRECTOR (AS OF 12/22/23) 1.0 0.0 X 0 0 0 CHRISTIE HEFNER DIRECTOR 1.0 0.0 X 0 0 0 DAN PFEIFFER DIRECTOR 1.0 0.0 X 0 0 0 809056 0 116960 5 false true false BLUE DIGITAL STRATEGIES LLC 8510 SW 149 AVENUE 1109 MIAMI FL 33193 DIGITAL CONSULTING 1155000 SKDKNICKERBOCKER 1150 18TH STREET NW SUITE 800 WASHINGTON DC 20036 COMMUNICATIONS CONS 282045 YANG STRATEGIC RESEARCH 1250 CONNECTICUT AVE NW SUITE 530 WASHINGTON DC 20036 POLLING 264500 GLOBAL STRATEGY GROUP 215 PARK AVENUE SOUTH 15TH FLOOR NEW YORK NY 10003 POLLING 252470 YOUGOV AMERICA INC 999 MAIN STREET SUITE 101 REDWOOD CITY CA 94063 RESEARCH 150000 5 9317702 9317702 0 104202 104202 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ADVERTISING REVENUE 541800 1652 1652 OTHER 900099 168 168 1820 9423724 1652 104370 120000 120000 0 200000 200000 0 399919 335932 59988 3999 0 4055351 3441787 599056 14508 218556 182817 34842 897 515648 431327 82205 2116 349859 292648 55775 1436 0 46535 39090 6980 465 38853 38853 0 0 0 2464786 2454870 6868 3048 139096 137639 1457 27118 24281 2660 177 269317 240884 28433 0 930177 806085 123255 837 64271 53784 1891 8596 0 38681 24019 14536 126 0 0 251614 211356 37742 2516 14548 12221 2182 145 PUBLIC OPINION ANALYSIS 310470 310470 SUBSCRIPTIONS 88565 87585 798 182 MISCELLANEOUS EXPENSES 25595 21710 3760 125 UBI TAX 480 480 10569439 9428505 1101761 39173 2061584 3014244 2373585 2477486 96 760546 2466 4099 0 0 0 0 0 0 0 0 0 64376 368268 345953 67309 22315 0 0 0 0 0 0 0 0 0 0 4505040 6343066 44939 386772 0 0 0 0 0 0 0 0 0 0 0 0 0 0 732647 3374555 777586 3761327 X 1985973 -2279584 1741481 4861323 3727454 2581739 4505040 6343066 -1145715 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1760420 1760420 0 1760420 true PART I-A, LINE 1: THE ACTION FUND DOES NOT ENDORSE CANDIDATES FOR PUBLIC OFFICE; MAKE CONTRIBUTIONS TO CANDIDATES OR PARTIES; OR EXPLICITLY ADVOCATE FOR ELECTION OR DEFEAT OF PARTICULAR CANDIDATES. HOWEVER, AT VARIOUS TIMES DURING THE TAX YEAR, THE ACTION FUND MAY MAKE COMMUNICATIONS TO THE GENERAL PUBLIC COMMENDING OR CRITICIZING PARTICULAR PUBLIC POLICY POSITIONS TAKEN BY VARIOUS CANDIDATES. THESE POLICY ASSESSMENTS MAY TAKE THE FORM OF POSITION PAPERS, PRESS RELEASES, SOCIAL MEDIA POSTS, AND OTHER SIMILAR COMMUNICATIONS TO THE PUBLIC. 82318 76767 5551 285950 269186 16764 22315 0 DUE TO CENTER FOR AMERICAN PRO 3374555 3374555 X 9423724 9423724 9423724 10569439 10569439 10569439 PART X, LINE 2: THE ACTION FUND IS EXEMPT FROM THE PAYMENT OF TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(4) OF THE IRC. THE ACTION FUND GENERATES UNRELATED INCOME TAXES FROM ADVERTISING AND QUALIFIED TRANSPORTATION FRINGE BENEFITS. DUE TO THE REPEAL OF TAXES ON QUALIFIED TRANSPORTATION FRINGE BENEFITS, THERE IS NO PROVISION FOR INCOME TAXES AS OF DECEMBER 31, 2023, AND 2022. THE ACTION FUND FILES INCOME TAX RETURNS IN THE U.S FEDERAL JURISDICTION. IN ACCORDANCE WITH FASB ASC 740 INCOME TAXES, THE ACTION FUND RECOGNIZES TAX LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL NOT BE SUSTAINED UPON EXAMINATION AND SETTLEMENT WITH VARIOUS TAXING AUTHORITIES. LIABILITIES FOR UNCERTAIN TAX POSITIONS ARE MEASURED BASED UPON THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. WITH A FEW EXCEPTIONS, THE ACTION FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE FISCAL YEAR 2020. MANAGEMENT HAS EVALUATED THE TAX POSITIONS AND HAS CONCLUDED THAT THE ACTION FUND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. true North America 0 0 Grantmaking 200000 0 0 0 0 200000 200000 North America Education 200000 WIRE 1 false false false false false false Part I, Line 2: THE ACTION FUND CONFIRMS THAT GRANTEES ARE IN COMPLIANCE WITH ALL APPLICABLE ANTI-TERRORISM OR SANCTIONS LAWS, REGULATIONS, AND EXECUTIVE ORDERS, INCLUDING BUT NOT LIMITED TO THE US. DEPARTMENT OF TREASURY'S OFFICE OF FOREIGN ASSETS CONTROL ("OFAC") REGULATIONS. THE ACTION FUND REQUIRES RECIPIENTS OF FINANCIAL ASSISTANCE TO REPRESENT, WARRANT AND AGREE: THAT IT WILL USE GRANT FUNDS SOLELY FOR PURPOSES CONSISTENT WITH THE ACTION FUND'S TAX-EXEMPT STATUS UNDER SECTION 50l(C) (4) OF THE INTERNAL REVENUE CODE AND THAT NO PORTION OF GRANT FUNDS WILL BE USED DIRECTLY OR INDIRECTLY TO EXPRESSLY OR IMPLICITLY SUPPORT OR OPPOSE ANY CANDIDATE SEEKING ELECTION TO PUBLIC OFFICE, OR PROVIDE A BENEFIT TO ANY POLITICAL PARTY OR CANDIDATE. FOR GRANTEE ORGANIZATIONS RECEIVING SUBSTANTIAL GRANTS, THE ACTION FUND REQUIRES THAT THE GRANTEE AGREE THAT IT WILL ALLOW THE ACTION FUND'S STAFF OR REPRESENTATIVES TO CONDUCT EVALUATIONS AND AUDITS OF THE USE OF GRANT FUNDS, WHICH MAY INVOLVE VISITS TO OBSERVE, REVIEW, AND DISCUSS ITS OPERATIONS, FINANCIAL RECORDS, AND OTHER MATERIALS CONNECTED WITH THE GRANTEE; AND THAT IT WILL SEND THE ACTION FUND NARRATIVE REPORTS BY A DATE SPECIFIED IN THE ORIGINAL AWARD LETTER. THE ACTION FUND REQUIRES DONNEE ORGANIZATIONS TO PROVIDE NARRATIVE AND FINANCIAL REPORTS THAT: ARE SIGNED BY AN OFFICER OF THE ORGANIZATION; DESCRIBE HOW THE FUNDS WERE SPENT AND WHAT WAS ACCOMPLISHED; AND TO PROVIDE A REASONABLY DETAILEDACCOUNT OF THE ACTIVITIES CONDUCTED BY THE GRANTEE IN PERFORMANCE OF THE AGREED UPON WORK. true FELLOW AMERICANS PO Box 42418 WASHINGTON DC 20015 843474204 501(c)(4) 110000 Education MOVEON ORG CIVIC ACTION PO Box 96141 WASHINGTON DC 20090 061553389 501(c)(4) 10000 Education 0 2 PART I, LINE 2: THE ACTION FUND REQUIRES GRANTEE ORGANIZATIONS RECEIVING SUSTANTIAL GRANTS TO REPRESENT, WARRANT AND AGREE: THAT IT WILL USE GRANT FUNDS SOLELY FOR PURPOSES CONSISTENT WITH THE ACTION FUND'S TAX-EXEMPT STATUS UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE; THAT NO PORTION OF GRANT FUNDS WILL BE USED DIRECTLY OR INDIRECTLY TO EXPRESSLY OR IMPLICITLY SUPPORT OR OPPOSE ANY CANDIDATE SEEKING ELECTION TO PUBLIC OFFICE, OR PROVIDE A BENEFIT TO ANY POLITICAL PARTY OR CANDIDATE; THAT IT WILL ALLOW THE ACTION FUND'S STAFF OR REPRESENTATIVES TO CONDUCT EVALUATIONS AND AUDITS OF THE USE OF GRANT FUNDS, WHICH MAY INVOLVE VISITS TO OBSERVE, REVIEW AND DISCUSS ITS OPERATIONS, FINANCIAL RECORDS, AND OTHER MATERIALS CONNECTED WITH THE GRANTEE; AND THAT IT WILL SEND THE ACTION FUND FINAL FINANCIAL AND NARRATIVE REPORTS BY A DATE SPECIFIED IN THE ORIGINAL AWARD LETTER. THE ACTION FUND REQUIRES DONEE ORGANIZATIONS TO PROVIDE NARRATIVE AND FINANCIAL REPORTS THAT: ARE SIGNED BY AN OFFICER OF THE ORGANIZATION; DESCRIBE HOW THE FUNDS WERE SPENT AND WHAT WAS ACCOMPLISHED; AND TO PROVIDE A REASONABLY DETAILED ACCOUNT OF THE ACTIVITIES CONDUCTED BY THE GRANTEE IN PERFORMANCE OF THE AGREED UPON WORK. false false false false false false false false false NAVIN NAYAK PRESIDENT & EXECUTIVE DIRECTOR 212656 0 0 0 0 0 17013 0 21544 0 251213 0 19591 0 PART I: THE ACTION FUND DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYED BY THE CENTER FOR AMERICAN PROGRESS (CAP), AN UNRELATED ORGANIZATION EXEMPT UNDER SECTION(C)(3). COMPENSATION OF THE INDIVIDUALS LISTED ON THE ACTION FUND'S RETURN WAS DETERMINED UNDER CAP'S POLICIES AND PROCEDURES WHICH SATISFY THE REBUTTABLE PRESUMPTION OF REASONABLENESS. THE ACTION FUND OPERATES UNDER A COST SHARING AGREEMENT WITH CAP, APPROVED BY THE BOARD OF DIRECTORS OF EACH ORGANIZATION, UNDER WHICH CAP EMPLOYS BOTH ORGANIZATION'S STAFF MEMBERS AND PAYS FOR GENERAL AND ADMINISTRATIVE EXPENSES. THE ACTION FUND REIMBURSES CAP FOR ITS SHARE OF THESE EXPENSES. FORM 990, PART III, LINE 1 AND ADVOCACY IN PARTNERSHIP WITH AMERICAN CITIZENS, EXECUTIVE AND LEGISLATIVE BRANCH POLICYMAKERS AND PROGRESSIVE LEADERS THROUGHOUT THE COUNTRY AND THE WORLD. FORM 990, PART III, LINE 2: The Action Fund engaged in limited foreign activities in 2023 to support its mission to put forward a progressive vision for U.S. engagement internationally under its Global Progress Action initiative. Global Progress Action is an international incubator for innovative strategies and ideas on a global scale, engaging with leaders, thinkers, and policymakers to explore how, together, we can overcome obstacles, advance policy solutions, govern thoughtfully, and shape thriving and inclusive societies. Global Progress Action is designed to defend and promote liberal democracy and inclusive societies, at a time when democracy faces threats from both foreign autocrats and domestic illiberal forces. By addressing the underlying roots of social unrest and building policy ideas for inclusive and sustainable economies, the initiative sets out a policy direction that can advance progressive solutions for societies around the globe. FORM 990, PART VI, SECTION B, LINE 11B: THE FINANCE DEPARTMENT WORKED DIRECTLY WITH AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990 ON BEHALF OF THE ACTION FUND. THE FINANCE DEPARTMENT MANAGED THE PROCESS, WITH CLOSE COORDINATION WITH THE LEGAL DEPARTMENT. THE ACCOUNTING FIRM PROVIDED A DRAFT FEDERAL FORM 990, WHICH WAS THEN REVIEWED AND COMMENTED ON BY THE FINANCE DEPARTMENT, THE LEGAL DEPARTMENT AND THE CORPORATE OFFICERS. THE UPDATED DRAFT FEDERAL FORM 990 AND SUMMARY MATERIALS WERE THEN PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND CONSIDERATION ON BEHALF OF THE FULL BOARD OF DIRECTORS. THE AUDIT COMMITTEE WAS OFFERED THE OPPORTUNITY TO DISCUSS THE MATERIALS WITH THE ACTION FUND'S STAFF AND THE ACCOUNTING FIRM THAT PREPARED THE FEDERAL FORM 990. THE AUDIT COMMITTEE APPROVED THE DRAFT FEDERAL FORM 990, AND THE FULL BOARD OF DIRECTORS RECEIVED THE APPROVED VERSION OF THE FORM BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C: THE ACTION FUND IS COMMITTED TO PREVENTING OUTSIDE FINANCIAL INTERESTS OF ITS BOARD MEMBERS, OFFICERS OR EMPLOYEES FROM INFLUENCING ITS ACTIVITIES. TO THAT END, IT HAS ADOPTED AND ENFORCES POLICIES TO PREVENT CONFLICTS OF INTEREST AND THE APPEARANCE OF CONFLICTS OF INTEREST, INCLUDING SEPARATE POLICIES GOVERNING (1) OFFICERS, DIRECTORS, AND KEY EMPLOYEES; AND (2) ALL EMPLOYEES. COMPLIANCE WITH POLICIES GOVERNING OFFICERS, DIRECTORS AND KEY EMPLOYEES. OFFICERS AND DIRECTORS RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY, AND ARE ASKED TO REVIEW THE POLICY AND SIGN AN ACKNOWLEDGEMENT AFFIRMING RECEIPT, REVIEW AND AGREEMENT TO COMPLY WITH THE POLICY, AS WELL AS UNDERSTANDING THAT THE ACTION FUND IS A SOCIAL WELFARE ORGANIZATION. IN ADDITION, OFFICERS AND DIRECTORS ARE ASKED TO COMPLETE AN ANNUAL INDEPENDENCE QUESTIONNAIRE, WHICH SEEKS DISCLOSURE OF CERTAIN RELATIONSHIPS, ARRANGEMENTS AND TRANSACTIONS IN ORDER TO DETERMINE INDEPENDENCE AND THE EXISTENCE OF CONFLICTS OF INTEREST. THESE POLICIES DESCRIBE POTENTIAL CONFLICTS, PROVIDE MEANS FOR DISCLOSURE, AND PROVIDES PROCESSES FOR INVESTIGATING AND RESOLVING POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A: THE ACTION FUND OPERATES UNDER A COST SHARING AGREEMENT WITH THE CENTER FOR AMERICAN PROGRESS (CAP), APPROVED BY THE BOARD OF DIRECTORS OF EACH ORGANIZATION, UNDER WHICH CAP EMPLOYS BOTH ORGANIZATIONS' STAFF MEMBERS AND PAYS FOR GENERAL AND ADMINISTRATIVE EXPENSES. THE ACTION FUND REIMBURSES CAP FOR ITS SHARE OF THESE EXPENSES. COMPENSATION FOR STAFF AND FELLOWS IS SET BY THE HUMAN RESOURCES DEPARTMENT IN CONSULTATION WITH THE EXECUTIVE TEAM. COMPENSATION COMMITTEE OF CAP'S BOARD OF DIRECTORS AND THE ACTION FUND RELIES ON THE PRACTICES PUT IN PLACE BY CAP'S BOARD OF DIRECTORS TO ENSURE EMPLOYEE COMPENSATION IS NOT EXCESSIVE. THE CAP BOARD OF DIRECTORS COMPENSATION COMMITTEE, A COMMITTEE OF INDEPENDENT PERSONS, APPROVES THE SALARY OF THE CHIEF EXECUTIVE OFFICER USING COMPARABILITY DATA AND CONTEMPORANEOUSLY SUBSTANTIATES THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19: THE ACTION FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE ACTION FUND'S GOVERNING DOCUMENTS ARE INCLUDED IN ITS FORM 1024, APPLICATION FOR RECOGNITION OF EXEMPTION UNDER SECTION 501 (C)(4). CHANGES TO ITS GOVERNING DOCUMENTS ARE FILED WITH ITS FEDERAL FORM 990. BOTH FORMS, AS WELL AS ITS AUDITED FINANCIAL STATEMENTS, ARE MADE AVAILABLE TO THE PUBLIC UPON REQUESTS RECEIVED AT ITS WASHINGTON, D.C. OFFICE. THE ACTION FUND'S FEDERAL FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO MADE AVAILABLE TO THE PUBLIC BY WAY OF THE ONLINE INFORMATION SERVICE, GUIDESTAR.ORG. THE ACTION FUND'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT ON AN ANNUAL BASIS. THE ACTION FUND'S AUDIT COMMITTEE, ACTING WITH DELEGATED AUTHORITY ON BEHALF OF THE FULL BOARD OF DIRECTORS, OVERSEES ALL ASPECTS OF THE ORGANIZATION'S FINANCIAL STATEMENT AUDIT. EACH YEAR, THE AUDIT COMMITTEE APPROVES THE ACTION FUND'S EXTERNAL AUDIT FIRM. AT ANY STAGE OF THE AUDIT, THE AUDIT COMMITTEE HAS THE OPPORTUNITY TO MEET WITH THE AUDITOR, WITH OR WITHOUT THE ACTION FUND'S MANAGEMENT OR STAFF PRESENT. AT THE CONCLUSION OF THE AUDIT, THE AUDIT COMMITTEE REVIEWS THE AUDIT REPORT, WHICH INCLUDES COMMUNICATIONS TO THE AUDIT COMMITTEE REQUIRED UNDER STATEMENT OF AUDITING STANDARDS #114. AFTER ITS REVIEW AND DISCUSSION WITH THE AUDITOR, THE AUDIT COMMITTEE VOTES TO ACCEPT OR REJECT THE AUDIT. FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING TOTAL FEES:2464786