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Nonprofit · EIN 86-2216211

CFC ACTION FUND INC

Tax-exempt (reinstated) · MILWAUKEE, WI 53204

Financials

$748K$455K2024
Revenue Expenses · by fiscal year end
Financials of CFC ACTION FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$748,117$454,590$293,527$552,916$196,768$356,148
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$748,117
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$135,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$14,084
Accounting fees
$17,600
Occupancy
$4,239
Travel
$2,386
Program services (functional)
$399,126
Management and general (functional)
$46,155
Fundraising (functional)
$9,309

Balance sheet and other

Total assets, start of year
$189,550
Total assets, end of year
$552,916
Total liabilities, end of year
$196,768
Net assets, end of year
$356,148
Net assets without donor restrictions
$356,148
Gross receipts
$748,117
Employees
0
Volunteers
7
Year formed
2021
State of legal domicile
WI

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CORY NETTLESCHAIR OF THE BOARD
Trustee or director, Officer
1$0
COLLESTON MORGANPRESIDENT AND TREASURER
Trustee or director, Officer
1$0
SPENCER SCHIENSECRETARY
Trustee or director, Officer
1$0
NANCY HERNANDEZDIRECTOR
Trustee or director
1$0
HANS DAWSONDIRECTOR
Trustee or director
1$0
BRIAN ENDRESDIRECTOR
Trustee or director
1$0
BRIAN PLEVADIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
700 W VIRGINIA ST STE 604, MILWAUKEE, WI 53204-1515
In care of
% COLLESTON MORGAN
Principal officer (990 for 2024)
COLLESTON MORGAN, 700 W VIRGINIA ST 604, MILWAUKEE, WI 53204
Signed the 990
COLLESTON MORGAN, PRESIDENT AND TREASURER
Phone
(414) 988-5359
Return prepared by
WEGNER CPAS LLP

Mission

TO DEVELOP AND ADVOCATE FOR LEGISLATION, REGULATIONS, AND GOVERNMENT PROGRAMS TO IMPROVE EDUCATION OUTCOMES IN WISCONSIN; CONDUCT RESEARCH AND PUBLICIZE THE POSITIONS OF ELECTED OFFICIALS CONCERNING THESE ISSUES.

990 for the year ended June 30, 2025

Program accomplishments

  • GRASSROOTS ACTIVATION: CFC ACTION FUND (CAF) ENGAGES IN ACTIVITIES TO INFORM AND ENGAGE THE WISCONSIN COMMUNITY ABOUT ISSUES RELATING TO OUR MISSION OF ADVANCING THE CONDITIONS NECESSARY TO SUSTAIN AN ECOSYSTEM OF HIGH-QUALITY SCHOOL CHOICES FOR WISCONSIN'S STUDENTS AND FAMILIES.
    Expenses $281,532 · grants $135,000
  • DIRECT LOBBYING: CAF ENGAGED IN STATE AND LOCAL DIRECT LOBBYING TO ADVANCE ITS MISSION AND PRIORITIES WITH THE STATE LEGISLATURE AND STATE GOVERNMENT OFFICIALS.
    Expenses $89,052
  • POLITICAL: OUR POLITICAL ACTIVITIES PROVIDE SUPPORT FOR ELECTED OFFICIALS AND CANDIDATES WHO ALIGN WITH THE ORGANIZATION'S POLICY AGENDA AND PRIORITIES.
    Expenses $16,322
  • PARENT/COMMUNITY EDUCATION & TRAININGS - OUR PARENT AND COMMUNITY PROGRAMMING PROVIDES INFORMATION AND TRAININGS TO PARENTS AND OTHER COMMUNITY MEMBERS TO EFFECTIVELY ADVOCATE FOR MORE HIGH QUALITY SCHOOLS IN MILWAUKEE.
    Expenses $12,220

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
86-2216211
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2025
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B01)
Assets (IRS master file)
$552,916
Income (IRS master file)
$748,117

Revocation and reinstatement

Exemption revoked
November 15, 2023
Posted by the IRS
April 8, 2024
Reinstated
Effective November 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$748,117$454,590$552,916XML

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 86-2216211).

Questions about CFC ACTION FUND INC

What is the EIN of CFC ACTION FUND INC?
The employer identification number (EIN) of CFC ACTION FUND INC is 86-2216211.
Is CFC ACTION FUND INC tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2023 and reinstated it effective November 15, 2023.
Are donations to CFC ACTION FUND INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CFC ACTION FUND INC 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 CFC ACTION FUND INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CFC ACTION FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CFC ACTION FUND INC?
The 990 for the year ended June 30, 2025 names COLLESTON MORGAN.
Who are the officers and directors of CFC ACTION FUND INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does CFC ACTION FUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $748,117, expenses of $454,590 and total assets of $552,916 at year end.

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