Nonprofit · EIN 88-3103608
INDEPENDENT CENTER
Tax-exempt · ALEXANDRIA, VA 22313
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,786,500 | $1,884,208 | -$97,708 | $338,537 | $7,766 | $330,771 |
| December 31, 2023 | 990 | $607,000 | $178,521 | $428,479 | $428,479 | $0 | $428,479 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,786,500
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $218,557
- Other salaries and wages
- $336,149
- Salaries, compensation and benefits (total)
- $596,165
- Professional fundraising fees
- $0
- Legal fees
- $26,845
- Accounting fees
- $20,581
- Travel
- $33,633
- Program services (functional)
- $1,603,918
- Management and general (functional)
- $194,819
- Fundraising (functional)
- $85,471
Balance sheet and other
- Total assets, start of year
- $428,479
- Total assets, end of year
- $338,537
- Total liabilities, end of year
- $7,766
- Net assets, end of year
- $330,771
- Net assets without donor restrictions
- $330,771
- Gross receipts
- $1,786,500
- Employees
- 7
- Volunteers
- 25
- Year formed
- 2022
- 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 |
|---|---|---|---|
| ADAM BRANDON | SENIOR ADVISOR Officer | 40 | $198,607 |
| LURA FORCUM | PRESIDENT Officer | 40 | $19,950 |
| PARISSA SEDGHI FORNWALT | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| CHRIS MARSTON | SECRETARY AND TREASURER Trustee or director, Officer | 2 | $0 |
| GIANCOMO FOZZATI | BOARD MEMBER Trustee or director | 1 | $0 |
| DOUG RICE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Parissa Sedghi Fornwalt | Chairman Trustee or director, Officer | 2 | $0 |
| Chris Marston | Secretary and Treasurer Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 26141, ALEXANDRIA, VA 22313-6141
- In care of
- % ELECTION CFO
- Mailing address (990-N for 2022)
- PO Box 26141, Alexandria VA 22313
- Principal officer (990 for 2024)
- PARISSA SEDGHI FORNWALT, PO BOX 26141, ALEXANDRIA, VA 22313
- Principal officer (990-N for 2022)
- Adam Brandon, PO Box 26141, Alexandria VA 22313
- Signed the 990
- PARISSA SEDGHI, CHAIRMAN
- Phone
- (703) 558-9063
- Return prepared by
- RENNER AND COMPANY CPA PC
Mission
INDEPENDENT CENTER PROMOTES RESEARCH AND PUBLIC POLICY THAT STRENGTHENS THE AMERICAN MERITOCRACY AND EXPANDS CHOICE IN PUBLIC POLICY.
Program accomplishments
- RESEARCH, POLLING AND FOCUS GROUPS: STUDY AND MONITOR THE VIEWS OF AMERICANS AT THE CENTER OF THE IDEOLOGICAL SPECTRUM. POLLS WILL BENEFIT THE PUBLIC BY GIVING A NEW PERSPECTIVE ON THE WAYS INDEPENDENT, NON-PARTISAN VOTERS FEEL ABOUT CURRENT EVENTS AND PUBLIC POLICY.Expenses $1,603,918
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
- 88-3103608
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R01)
- Assets (IRS master file)
- $338,537
- Income (IRS master file)
- $1,786,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,786,500 | $1,884,208 | $338,537 | IRS |
| 990 | December 2023 | $607,000 | $178,521 | $428,479 | XML |
| 990-N for 2022 Officer: Adam Brandon | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 88-3103608).
Questions about INDEPENDENT CENTER
- What is the EIN of INDEPENDENT CENTER?
- The employer identification number (EIN) of INDEPENDENT CENTER is 88-3103608.
- Is INDEPENDENT CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to INDEPENDENT CENTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDEPENDENT CENTER 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 INDEPENDENT CENTER 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 INDEPENDENT CENTER 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 INDEPENDENT CENTER?
- The 990 for the year ended December 31, 2024 names PARISSA SEDGHI FORNWALT.
- Who are the officers and directors of INDEPENDENT CENTER?
- The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $198,607 (ADAM BRANDON, SENIOR ADVISOR).
- How much revenue does INDEPENDENT CENTER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,786,500, expenses of $1,884,208 and total assets of $338,537 at year end.
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All nonprofits in ALEXANDRIA · Virginia · Civil rights, social action and advocacy