2025-09-09T06:12:20-05:00 2024-12-31 562034483 NORTON COLLAR LUND LILLEY PLLC 7701 SIX FORKS ROAD SUITE 100 RALEIGH NC 27615 990 2024-01-01 871945050 THE POLITICAL REPORT INC POLI 9172931771 1250 CONNECTICUT AVE NW PMB5261 70 WASHINGTON DC 20036 DANIEL NICHANIAN PRESIDENT/EXECUTIVE DIRECTOR 9172931771 2025-09-03 1 1 ROBERT M LANNING P01893629 9198411000 2025-09-02 2024 2025-03-06 01:10:19Z DANIEL NICHANIAN 1930 18TH ST NW SUITE B2 PMB 2013 WASHINGTON DC 20009 2046663 0 X N/A X 2021 DE THE POLITICAL REPORT EDUCATES THE PUBLIC ABOUT SOCIAL, ECONOMIC, AND POLITICAL ISSUES BY (I) PUBLISHING INVESTIGATIVE REPORTS, ARTICLES, NEWSLETTERS, PODCASTS, AND OTHER MEDIA AND MATERIALS, AND (II) CONDUCTING PRESENTATIONS, WORKSHOPS, AND OTHER EDUCATIONAL EVENTS. 3 3 8 2 0 0 404474 1988014 0 0 14416 55701 1750 2948 420640 2046663 0 0 0 0 537222 800836 0 0 30129 112529 104778 649751 905614 -229111 1141049 1483659 2677155 16153 62179 1467506 2614976 THE POLITICAL REPORT EDUCATES THE PUBLIC ABOUT SOCIAL, ECONOMIC, AND POLITICAL ISSUES BY (I) PUBLISHING INVESTIGATIVE REPORTS, ARTICLES, NEWSLETTERS, PODCASTS, AND OTHER MEDIA AND MATERIALS, AND (II) CONDUCTING PRESENTATIONS, WORKSHOPS, AND OTHER EDUCATIONAL EVENTS. 0 0 802412 THE POLITICAL REPORT EDUCATES THE PUBLIC ABOUT SOCIAL, ECONOMIC, AND POLITICAL ISSUES BY (I) PUBLISHING INVESTIGATIVE REPORTS, ARTICLES, NEWSLETTERS, PODCASTS, AND OTHER MEDIA AND EDUCATIONAL MATERIALS, AND (II) CONDUCTING PRESENTATIONS, WORKSHOPS, AND OTHER EDUCATIONAL EVENTS. 802412 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 8 1 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 0 0 DC CA MA X AKG BUSINESS SOLUTIONS LLC 9199311010 11845 RETAIL DR 1047 WAKE FOREST NC 27587 DANIEL NICHANIAN PRESIDENT/EXEC. DIR. 40.00 X X 113056 0 11369 EASHA ANAND SECRETARY 0.10 X X 0 0 0 KEVIN KEENAN TREASURER 0.10 X X 0 0 0 113056 0 11369 1 0 0 0 0 1988014 1988014 55701 55701 NON OPERATING INCOME 900099 2948 2948 2948 2046663 58649 0 0 142886 102877 25720 14289 547670 520383 20566 6721 20853 19808 792 253 36229 34302 1440 487 53198 48111 3511 1576 19350 19350 34232 34232 1345 1218 88 39 10641 10064 398 179 9752 9391 6 355 975 650 325 9595 9261 231 103 BANK FEES 6105 185 5920 PAYROLL PROCESSING FEES 4690 4248 305 137 ILLUSTRATIONS AND PHOTO 3202 3202 BUSINESS REGISTRATION F 2398 2172 156 70 2493 2493 905614 802412 73073 30129 746682 91117 828002 170000 800000 4435 5948 562542 952088 1483659 2677155 2525 16153 59654 16153 62179 X 1467506 2601550 13426 1467506 2614976 1483659 2677155 1141049 6421 0 X 0 1 X 0 0 X 426570 1712170 404474 1988014 4531228 426570 1712170 404474 1988014 4531228 1231517 3299711 14416 55701 70117 1750 2948 4698 4606043 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 ACCRUED LEAVE 24823 ACCRUED PAYROLL 34831 59654 X 2053084 6421 6421 2046663 0 2046663 905614 0 905614 0 905614 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE REQUIREMENTS OF PROFESSIONAL LITERATURE IN ACCOUNTING FOR UNCERTAIN TAX POSITIONS. UNDER THIS GUIDANCE, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION WITH TAXING AUTHORITIES. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNCERTAIN TAX POSITIONS. FOR THE YEAR ENDED DECEMBER 31, 2024, THERE WERE NO INTEREST OR PENALTIES RECORDED. FORM 990, PART VI, SECTION A, LINE 6 THE TERM OF MEMBERSHIP SHALL BE LIFE. FORM 990, PART VI, SECTION A, LINE 7A SUBSEQUENT MEMBERS MAY BE ELECTED BY AN ACT OF THE MEMBERS. NOTWITHSTANDING THE FOREGOING, ANY MEMBER, AFTER HAVING FULFILLED ALL OBLIGATIONS TO THE CORPORATION, MAY RESIGN BY WRITTEN NOTICE TO THE SECRETARY OF THE CORPORATION, AND ANY MEMBER MAY BE REMOVED AT ANY TIME, WITH OR WITHOUT CAUSE, BY MAJORITY VOTE OF ALL OF THE MEMBERS. IF ALL OF THE MEMBERS ARE DEAD, INCAPACITATED OR HAVE RESIGNED, THE CORPORATION SHALL HAVE NO MEMBERS AND THE BOARD OF DIRECTORS SHALL ELECT THEIR SUCCESSORS BY AN ACT OF THE BOARD OF DIRECTORS AND SHALL BE AUTHORIZED TO TAKE ANY ACTION ALLOWED BY LAW OR BY THESE BY-LAWS ON BEHALF OF THE CORPORATION WITHOUT THE APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD WILL REVIEW THE 990 AND ASK ANY QUESTIONS OF THE PREPARER BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S STAFF AND BOARD MEMBERS WILL ANNUALLY ACKNOWLEDGE THE CONFLICT OF INTERESTS POLICY. FORM 990, PART VI, SECTION B, LINE 15A IN DECEMBER 2023, TO REVIEW THE PROPOSED COMPENSATION PACKAGE FOR DANIEL NICHANIAN'S ROLE AS EXECUTIVE DIRECTOR BEGINNING AT THE END OF 2023, TWO OTHER BOARD MEMBERS FORMED AN INDEPENDENT BODY TO CONDUCT A COMPARABILITY REVIEW OF THE LEADERSHIP OF SIMILAR NONPROFIT ORGANIZATIONS AND DETERMINE IF THE PROPOSAL PACKAGE WAS "REASONABLE AND NOT EXCESSIVE." THE MEMBERS OF THIS BODY CONDUCTED THIS REVIEW AND MET TO CONFER, DOCUMENTING THEIR FINDINGS INTERNALLY TO THEIR BODY, APPROVING HIS COMPENSATION FOR 2024. THIS IS DONE ANNUALLY, TO REVIEW PERFORMANCE IN THE PRECEEDING YEAR, AND APPROVE COMPENSATION FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC