Nonprofit · EIN 47-4601462
AMERICAN PROMISE EDUCATION FUND INC
Tax-exempt · CONCORD, MA 01742
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $6,388,416 | $3,881,153 | $2,507,263 | $4,100,302 | $372,637 | $3,727,665 |
| December 31, 2024 | 990 | $3,926,358 | $4,008,114 | -$81,756 | $2,230,243 | $1,009,841 | $1,220,402 |
| December 31, 2023 | 990 | $2,071,673 | $2,462,636 | -$390,963 | $1,783,290 | $481,133 | $1,302,157 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $6,370,105
- Program service revenue
- $0
- Investment income
- $18,311
- Net gain from sales of assets
- -$2,724
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $651,848
- Other salaries and wages
- $1,882,544
- Salaries, compensation and benefits (total)
- $2,879,937
- Professional fundraising fees
- $50,205
- Legal fees
- $2,088
- Accounting fees
- $61,898
- Occupancy
- $31,904
- Travel
- $106,408
- Program services (functional)
- $2,679,663
- Management and general (functional)
- $613,329
- Fundraising (functional)
- $588,161
Balance sheet and other
- Total assets, start of year
- $2,230,243
- Total assets, end of year
- $4,100,302
- Total liabilities, end of year
- $372,637
- Net assets, end of year
- $3,727,665
- Net assets without donor restrictions
- $2,739,235
- Net assets with donor restrictions
- $988,430
- Gross receipts
- $7,121,301
- Employees
- 0
- Volunteers
- 1,078
- Year formed
- 2015
- State of legal domicile
- MA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Anastasia Khoo | President Officer | 34 | $304,943 | $53,814 | $26,832 |
| Brian Boyle | Chief Program Officer & GC Officer | 26 | $108,126 | $58,221 | $26,900 |
| Randi Feinberg | Chief Operating Officer Officer | 23 | $97,172 | $71,822 | $18,878 |
| Liz Harvey | Chief Development Officer Key employee | 21 | $89,831 | $81,275 | $1,200 |
| Elliott Mendes | Director, Principal Gifts Highest-paid employee | 21 | $77,465 | $70,087 | $17,762 |
| Julia Brown | Deputy Dir., Programs and Campaigns Highest-paid employee | 23 | $71,378 | $52,757 | $9,439 |
| Carolina Brandao Hojaij | Director of Donor Relations Highest-paid employee | 21 | $62,264 | $56,334 | $8,453 |
| Travis Harris | Information Systems Director Highest-paid employee | 22 | $64,440 | $52,723 | $8,453 |
| Jenny Parker | Chief Communication Officer Highest-paid employee | 24 | $64,910 | $43,273 | $7,883 |
| Jeffrey D Clements | CEO AND Board Member Trustee or director, Officer | 32 | $0 | $0 | $0 |
| John Wass | Board Chair and Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Leila Blodgett | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Cheryl Clyburn Crawford | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Manu Meel | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Debra Winger | Board Member Trustee or director | 1 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lindsay Kafka | Board Member Trustee or director | 1 | $0 |
| John Storr | Board Member Trustee or director | 1 | $0 |
| Luke Williams | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANASTASIA KHOO | PRESIDENT Officer | 26.8 | $138,460 | $68,196 | $10,940 |
| ELIZABETH HARVEY | CHIEF DEVELOPMENT OFFICER Key employee | 26.8 | $126,848 | $62,477 | $180 |
| BRIAN BOYLE | CHIEF PROGRAM OFFICER & GENERAL COUNSEL Key employee | 26.8 | $106,180 | $52,298 | $18,664 |
| RANDI FEINBERG | CHIEF OPERATING OFFICER Officer | 26.8 | $107,274 | $52,836 | $13,228 |
| JAMES EDWARD DORNAN | DIRECTOR OF CONGRESSIONAL AFFAIRS Highest-paid employee | 26.8 | $99,906 | $49,208 | $6,138 |
| KAITLIN LACASSE | DEPUTY DIRECTOR, PROGRAMS & CAMPAIGNS Officer | 26.8 | $99,033 | $48,778 | $621 |
| SUSAN GENE ASH | HR TALENT DIRECTOR Highest-paid employee | 26.8 | $74,244 | $36,810 | $13,212 |
| TRAVIS HARRIS | IS DIRECTOR Highest-paid employee | 26.8 | $74,413 | $36,651 | $6,684 |
| JASON VINCENT ARREDONDO | DIRECTOR OF STATE CAMPAIGNS Highest-paid employee | 26.8 | $68,378 | $33,678 | $6,133 |
| JOHN WASS | BOARD CHAIR AND TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEFFREY D CLEMENTS | CEO AND BOARD MEMBER Trustee or director, Officer | 32 | $0 | $0 | $0 |
| LEILA BLODGETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CHERYL CLYBURN CRAWFORD | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MANU MEEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DEBRA WINGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ELIZABETH HARVEY | DIRECTOR OF DEVELOPMENT Highest-paid employee | 24 | $92,383 | $58,817 | $0 |
| BRIAN BOYLE | EXECUTIVE DIRECTOR Officer | 28 | $78,426 | $34,255 | $17,111 |
| JERALD HALLIGAN | DIGITAL DIRECTOR Highest-paid employee | 20 | $62,857 | $64,204 | $0 |
| RANDI FEINBERG | CHIEF OPERATING OFFICER Officer | 25 | $65,593 | $38,308 | $8,808 |
| WILLIAM CORTESE | FORMER EXECUTIVE DIRECTOR Officer | 24 | $43,880 | $29,744 | $0 |
| JEFFREY D CLEMENTS | CEO AND BOARD MEMBER Trustee or director, Officer | 32 | $0 | $0 | $0 |
| JOHN WASS | BOARD CHAIR AND TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JASON FORD | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DEBRA WINGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MANU MEEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CHERYL CLYBURN-CRAWFORD | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LEILA BLODGETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOHN ESLER | FORMER BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 33 BRADFORD STREET, CONCORD, MA 01742-2986
- In care of
- % JEFF CLEMENTS
- Mailing address (990-N for 2015)
- 33 Bradford Street, Concord MA 01742
- Principal officer (990 for 2025)
- Jeff Clements, 33 Bradford Street, Concord, MA 01742
- Principal officer (990-N for 2015)
- Jeff Clements, 33 Bradford Street, Concord MA 01742
- Signed the 990
- Jeff Clements, Chief Executive Officer
- Phone
- (978) 254-6275
- Website
- www.americanpromise.net
- Return prepared by
- Rogers & Company PLLC
Mission
To educate and empower Americans about the essential role of constitutional amendments in our republican democracy and the importance of a 28th amendment to address the undue influence of money, corporations, unions and superPACs in our political process.
Program accomplishments
- American Promise Education Fund, Inc. ("APEF") works with Americans to play an active role in our system of self-government, educating citizens on the influence of big money, foreign money, super PACs, corporations and unions in our elections; the historic role that citizen-advocates have played in amending the Constitution; and the ways in which the For Our Freedom Amendment can secure the rights of individual citizens and the interests of our nation. APEF equips grassroots leaders with the skills required to build durable coalitions, communicate effectively, and fully engage in our system of self-government.(See Schedule O)Expenses $2,679,663
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 | 990 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
- 47-4601462
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,100,302
- Income (IRS master file)
- $7,121,301
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $6,388,416 | $3,881,153 | $4,100,302 | XML |
| 990 | December 2024 | $3,926,358 | $4,008,114 | $2,230,243 | XML |
| 990 | December 2023 | $2,071,673 | $2,462,636 | $1,783,290 | XML |
| 990 | December 2022 | $1,245,160 | $1,726,302 | $1,895,485 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Jeff Clements | December 31, 2015 | ≤ $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 47-4601462).
Questions about AMERICAN PROMISE EDUCATION FUND INC
- What is the EIN of AMERICAN PROMISE EDUCATION FUND INC?
- The employer identification number (EIN) of AMERICAN PROMISE EDUCATION FUND INC is 47-4601462.
- Is AMERICAN PROMISE EDUCATION FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to AMERICAN PROMISE EDUCATION FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN PROMISE EDUCATION 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 AMERICAN PROMISE EDUCATION FUND INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN PROMISE EDUCATION FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AMERICAN PROMISE EDUCATION FUND INC?
- The 990 for the year ended December 31, 2025 names Jeff Clements.
- Who are the officers and directors of AMERICAN PROMISE EDUCATION FUND INC?
- The 990 for the year ended December 31, 2025 lists 18 people; 9 received compensation from the organization, the highest $304,943 (Anastasia Khoo, President).
- How much revenue does AMERICAN PROMISE EDUCATION FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $6,388,416, expenses of $3,881,153 and total assets of $4,100,302 at year end.
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