Nonprofit · EIN 47-4797969
AMERICAN POTENTIAL
Tax-exempt · ALEXANDRIA, VA 22313
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $424,727 | $393,598 | $31,129 | $71,193 | $6,402 | $64,791 |
| December 31, 2023 | 990 | $366,272 | $337,189 | $29,083 | $33,662 | $0 | $33,662 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $424,727
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $46,229
- Accounting fees
- $2,013
- Travel
- $2,979
- Program services (functional)
- $390,899
- Management and general (functional)
- $2,699
Balance sheet and other
- Total assets, start of year
- $33,662
- Total assets, end of year
- $71,193
- Total liabilities, end of year
- $6,402
- Net assets, end of year
- $64,791
- Net assets without donor restrictions
- $64,791
- Gross receipts
- $424,727
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Partrick Hynes | Chair & Executive Director Trustee or director, Officer | 1 | $0 |
| William B Canfield | Secretary and General Counsel Trustee or director, Officer | 1 | $0 |
| Chris Marston | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Partrick Hynes | Chair & Executive Director Trustee or director, Officer | 1 | $0 |
| William B Canfield | Secretary and General Counsel Trustee or director, Officer | 1 | $0 |
| Chris Marston | Treasurer Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1706, ALEXANDRIA, VA 22313-1706
- In care of
- % WILLIAM B CANFIELD
- Principal officer (990 for 2024)
- Patrick Hynes, 8 Surrey Ln, Licinia, NH 03246
- Signed the 990
- Patrick Hynes, Chairman
- Phone
- (703) 558-9063
- Return prepared by
- Election CFO LLC
Mission
American Potential seeks to educate members of the public on a number of public policy issues, including, but not limited to (a) unlocking individual potential, (b) revitalizing main street America and the American middle class; (c) re-imagining federal, state and local government, and (d) restoring American leadership in the world through research and public communications.
Program accomplishments
- American Potential carried out its exempt purpose through advertising and communications strategies.Expenses $390,899
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-4797969
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W05)
- Assets (IRS master file)
- $71,193
- Income (IRS master file)
- $424,727
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $424,727 | $393,598 | $71,193 | XML |
| 990 | December 2023 | $366,272 | $337,189 | $33,662 | XML |
| 990 | December 2022 | $651,886 | $654,011 | $4,579 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4797969).
Questions about AMERICAN POTENTIAL
- What is the EIN of AMERICAN POTENTIAL?
- The employer identification number (EIN) of AMERICAN POTENTIAL is 47-4797969.
- Is AMERICAN POTENTIAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2015.
- Are donations to AMERICAN POTENTIAL tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN POTENTIAL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AMERICAN POTENTIAL due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN POTENTIAL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AMERICAN POTENTIAL?
- The 990 for the year ended December 31, 2024 names Patrick Hynes.
- Who are the officers and directors of AMERICAN POTENTIAL?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does AMERICAN POTENTIAL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $424,727, expenses of $393,598 and total assets of $71,193 at year end.
Other nonprofits in ALEXANDRIA
- GLOBAL IMPACT SOCIAL WELFARE FOUNDATION EIN 92-0652730 · last filed 990 for 2025
- AMERICAN CONSERVATIVE UNION EIN 52-0810813 · last filed 990 for 2025
- MILITARY OFFICERS ASSOCIATION OF AMERICA EIN 53-0172821 · last filed 990 for 2025
- SAM ACTION EIN 47-3688463 · last filed 990 for 2024
- AGA EIN 53-0217158 · last filed 990-N for 2025
- NATIONAL MILITARY FAMILY ASSOCIATION INC EIN 52-0899384 · last filed 990 for 2025
- CONCERNED WOMEN FOR AMERICA EIN 95-3580834 · last filed 990 for 2025
- INSTITUTE FOR CITIZEN FOCUSED SERVICES EIN 86-2967724 · last filed 990 for 2024
All nonprofits in ALEXANDRIA · Virginia · Public and societal benefit