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AMERICAN IDEA FOUNDATION INC

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Public IRS 990 nonprofit record

AMERICAN IDEA FOUNDATION INC

EIN 83-3365782 · Support N.E.C. (R19)

What they do

IN AMERICA, THE CIRCUMSTANCES of YOUR BIRTH SHOULD NOT DETERMINE THE OUTCOME of YOUR LIFE. THE AMERICAN IDEA FOUNDATION is A NON-PROFIT ORGANIZATION DEDICATED to PROMOTING THE POLICIES and PEOPLE WHO EVERY DAY GIVE MEANING to THIS CONVICTION.THE FOUNDATION WORKS AT THE INTERSECTION of GRASSROOTS, COMMUNITY-DRIVEN EFFORTS to EXPAND OPPORTUNITY and NATIONAL POLICYMAKERS WHO CAN IMPLEMENT CHANGE. THE FOUNDATION TAKES AN EVIDENCE-BASED APPROACH to IDENTIFYING REAL-WORLD INITIATIVES THAT ARE ACHIEVING RESULTS, ARMING POLICYMAKERS WITH THE INFORMATION THEY NEED to IMPROVE THE EFFORTS of THE FEDERAL GOVERNMENT, and LINKING PRACTITIONERS WITH ELECTED OFFICIALS to REPLICATE THOSE SUCCESS STORIES IN OTHER COMMUNITIES IN NEED.THE AMERICAN IDEA FOUNDATION WILL DEMONSTRATE THAT IT is THE BOTTOM-UP DYNAMISM of INDIVIDUALS and COMMUNITIES THAT TRULY MAKES AMERICA A LAND of OPPORTUNITY and PROSPERITY.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$187.22spent for every $100 of revenueSpending was higher than revenue this year.
$20.90of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$6.26in assets for every $1 spent this yearSome assets cannot be spent right away.
12.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $669,747 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $322,009 for ANDREW SPETH (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$767,869
Expenses$1,437,616
Annual shortfall $669,747 Expenses were higher than revenue for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$299,942 · 20.9% of expenses
Grants paid$1,135,367 · 79.0% of expenses
Reported executive compensation (total)$664,925 · 46.3% of expenses
See all reported dollar amounts
Revenue$767,869
Expenses$1,437,616
Assets$9,001,246
Income$1,752,400
Contributions$94,661
Grants given$1,135,367
Average grant$54,065
Management and general$299,942
Executive compensation (total)$664,925
Stocks and bonds$7,008,119
Accounting fees$16,475
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
ANDREW SPETHEXECUTIVE DIRECTOR · 40 hrs/week $322,009Base $276,000 · Other $46,009
KEVIN SEIFERTVICE PRESIDENT/SENIOR ADVISOR · 40 hrs/week $213,347Base $194,763 · Other $18,584
EDWARD MCCANNVICE PRESIDENT OF POLICY & PROGRAMS · 40 hrs/week $168,811Base $162,318 · Other $6,493
PATRICIA GUSESECRETARY/DIR. OF OPERATIONS · 40 hrs/week $89,871Base $86,832 · Other $3,039
SUSAN JACOBSONTREASURER/DIR. OF ADMINISTRATION · 25 hrs/week $42,622Base $30,254 · Other $12,368

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

ANDREW SPETHEXECUTIVE DIRECTOR

KEVIN SEIFERTVICE PRESIDENT/SENIOR ADVISOR

EDWARD MCCANNVICE PRESIDENT OF POLICY & PROGRAMS

PATRICIA GUSESECRETARY/DIR. OF OPERATIONS

SUSAN JACOBSONTREASURER/DIR. OF ADMINISTRATION

ASHLEE STRONGDIRECTOR

CASEY HIGGINSDIRECTOR

DERRICK DOCKERYDIRECTOR

JAKE KASTANDIRECTOR

JONATHAN BURKSDIRECTOR

PAUL RYANPRESIDENT

About this charity

Recognized since
January 2019
Location
101 S MAIN ST 300, JANESVILLE, WI 53545
County
Rock
In care of
ANDREW SPETH
Primary officer
ANDREW SPETH, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
WEGNER CPAS LLP
NTEE classification
Support N.E.C. (R19)
IRS tax category
Support N.E.C.
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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