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Nonprofit · EIN 87-1014079

DEFI EDUCATION FUND

Tax-exempt · WASHINGTON, DC 20004

Financials

$439K$3.8M2023$6.9M$3.6M2024
Revenue Expenses · by fiscal year end
Financials of DEFI EDUCATION FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,940,589$3,609,448$3,331,141$18,450,662$303,871$18,146,791
December 31, 2023990$438,672$3,781,810-$3,343,138$6,417,247$332,256$6,084,991
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,429,765
Program service revenue
$0
Investment income
-$3,489,657
Net gain from sales of assets
-$3,489,865
Other revenue
$481

Expenses

Grants and similar amounts paid
$216,250
Compensation of officers, directors and key employees
$845,418
Other salaries and wages
$697,207
Salaries, compensation and benefits (total)
$1,682,317
Professional fundraising fees
$59,481
Legal fees
$28,514
Accounting fees
$83,174
Occupancy
$65,739
Travel
$128,948
Program services (functional)
$2,614,247
Management and general (functional)
$715,476
Fundraising (functional)
$279,725

Balance sheet and other

Total assets, start of year
$6,417,247
Total assets, end of year
$18,450,662
Total liabilities, end of year
$303,871
Net assets, end of year
$18,146,791
Net assets without donor restrictions
$18,146,791
Gross receipts
$13,273,908
Employees
13
Volunteers
4
Year formed
2021
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.

NameTitleHours / weekCompensationOther / benefits
Amanda TuminelliCLO, Secretary
Officer
40$514,423$22,594
Miller Whitehouse-LevineCEO
Officer
40$367,595$28,694
Max BernsteinCommunications & Operation
Highest-paid employee
40$174,452$22,474
Lizandro PieperResearch Director
Highest-paid employee
40$119,767$10,960
Marc BoironDirector, President
Trustee or director, Officer
3$0$0
Rebecca RettigDirector
Trustee or director
3$0$0
Jake ChervinskyDirector
Trustee or director
2$0$0
Larry SukernikDirector
Officer
2$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
Amanda TuminelliCLO, Secretary
Officer
40$319,486$5,536
Miller Whitehouse-LevineCEO
Officer
40$224,565$5,912
Max BernsteinCommunications & Operations Sr. Manager
Highest-paid employee
40$159,009$13,095
Amanda FlournoyGrants Director
Highest-paid employee
40$126,533$9,343
Marc BoironBoard of Directors, President
Trustee or director, Officer
3$0$0
Rebecca RettigBoard of Directors
Trustee or director
3$0$0
Jake ChervinskyBoard of Directors
Trustee or director
2$0$0
Larry SukernikTreasurer
Officer
2$0$0

Address and contacts

Address (IRS master file)
1155 F STREET NW STE 1050, WASHINGTON, DC 20004-1312
Principal officer (990 for 2024)
Amanda Tuminelli, 1155 F Street NW STE 1050, Washington, DC 20004
Signed the 990
Amanda Tuminelli, Executive Director
Phone
(202) 240-7732
Return prepared by
Rogers & Company PLLC

Mission

DeFi Education Fund is a nonpartisan nonprofit organization committed to advocating for sound DeFi policy. At DEF, we are working to build a mainstream understanding of decentralized finance, and protect the rights of developers, users, and projects to freely create decentralized infrastructure and technology.

990 for the year ended December 31, 2024

Program accomplishments

  • Policy Litigation: Comprehensive policy work including legal actions, research, and analysis aimed at shaping the regulatory environment for DeFi. Encompasses defending DeFi protocols through litigation, filing amicus briefs, developing substantive research and white papers, producting regulatory analysis and comment letters, and providing legal supoprt in cases with significant implications to DeFi's regulatory treatment.
    Expenses $1,061,973
  • Lobbying Activities:Direct advocacy with legislators and regulators to advance policy positions that promote innovation and freedom to build DeFi technology.
    Expenses $598,714
  • Public Relations:External communication and community engagement activities that educate members of the public about how DeFi technology works and raise awareness about DeFi policy issues.
    Expenses $245,582
  • Grants to other organizations
    Expenses $216,250 · grants $216,250
  • Policy meetings / policy research / other programs.
    Expenses $491,728

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-1014079
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$18,450,662
Income (IRS master file)
$13,273,908

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,940,589$3,609,448$18,450,662IRS
990December 2023$438,672$3,781,810$6,417,247XML
990December 2022$0$3,475,763$8,723,243IRS
990December 2021–––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 87-1014079).

Questions about DEFI EDUCATION FUND

What is the EIN of DEFI EDUCATION FUND?
The employer identification number (EIN) of DEFI EDUCATION FUND is 87-1014079.
Is DEFI EDUCATION FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2022.
Are donations to DEFI EDUCATION FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DEFI EDUCATION FUND 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 DEFI EDUCATION FUND 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 DEFI EDUCATION FUND 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 DEFI EDUCATION FUND?
The 990 for the year ended December 31, 2024 names Amanda Tuminelli.
Who are the officers and directors of DEFI EDUCATION FUND?
The 990 for the year ended December 31, 2024 lists 8 people; 4 received compensation from the organization, the highest $514,423 (Amanda Tuminelli, CLO, Secretary).
How much revenue does DEFI EDUCATION FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,940,589, expenses of $3,609,448 and total assets of $18,450,662 at year end.

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