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The 85 Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202466871 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is The 85 Fund?

The 85 Fund is a nonprofit organization situated in Fort Worth, Texas, with the address 9800 Hillwood Parkway Ste 140. The primary goal of this organization is to educate the public about the significance of constitutionalism, limited government, religious liberty, the role of the courts, education policies, and election reforms. They strive to emphasize the connection between structural limitations on government power and the preservation of our dignity and freedoms through various activities and initiatives. The organization's workforce comprises nine dedicated individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 61% (Two-Star out of Four Stars)

The 85 Fund has received a Two-Star rating from Charity Navigator, indicating concerns regarding its accountability and financial transparency. With an overall score of 61%, the organization demonstrates a strong commitment to program expenses (98.31%) and maintains no liabilities. However, significant weaknesses are evident in its governance structure, notably a lack of independent board members and incomplete financial reporting.

Despite having strong conflict of interest and whistleblower policies, the nonprofit fails to provide essential financial documents on its website, such as its tax forms and audit reports. This absence of transparency can be a red flag for potential donors who seek assurance regarding the organization's financial practices. Additionally, the organization does not publicly list its board or staff members, further complicating its accountability efforts.

While The 85 Fund excels in its programmatic spending and has a positive record in managing assets, the lack of independently verified financial statements and board independence may hinder its credibility in the eyes of stakeholders. Overall, potential supporters should weigh these factors carefully when considering their involvement with the organization.


This AI summary has been generated from information found on Charity Navigator.

Is The 85 Fund legitimate?

The 85 Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 85 Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $179,242
Professional Fundraising Fees: $0
Other Salaries and Wages: $989,223

For more financial information, click here

What is the mission statement of The 85 Fund?

The 85 Fund is an organization dedicated to educating the public about the significance of constitutional limitations on government power and its impact on preserving our dignity and freedoms. Through grants and activities, they endeavor to raise awareness on this relationship. Their mission encompasses the promotion of constitutionalism, limited government, religious liberty, the role of the courts, education policies, and election reforms. The organization's primary goal is to foster understanding and support for these principles among the public.

Who is the CEO of The 85 Fund?

Carrie Severino is the Counsel of The 85 Fund.

What is the revenue of The 85 Fund?

The 85 Fund's revenue in 2022 was $134,753,000.

Who are the executives of The 85 Fund and what are their salaries?

The average compensation at The 85 Fund during 2022 was $129,829. There are 9 employees at The 85 Fund.


Here are 7 key members and their salaries:


Ormal Skinner (Counsel)
  • Compensation: $278,250
  • Related: $0
  • Other: $0
Jason Snead (Counsel)
  • Compensation: $195,000
  • Related: $0
  • Other: $0
Carrie Severino (Director, Secretary)
  • Compensation: $179,242
  • Related: $0
  • Other: $0
Trent England (Counsel)
  • Compensation: $163,218
  • Related: $0
  • Other: $0
Ann Corkery (Counsel)
  • Compensation: $132,650
  • Related: $0
  • Other: $0
Gary Marx (Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Graves (Director, Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The 85 Fund?

The 85 Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The 85 Fund

The 85 Fund is a philanthropic organization that prioritizes the education of the public on the connection between constitutional limits on government power and the preservation of our dignity and individual freedoms. In simple terms, The 85 Fund works to enlighten people about the significance of constitutional principles, limited government, religious liberties, the role of the judiciary, educational policies, and election reforms. Through its grants and initiatives, this entity strives to foster awareness and understanding of the importance of these concepts in society. By emphasizing the importance of these structural limitations, The 85 Fund aims to promote a vibrant and free society where the fundamental rights of every individual are cherished and protected.

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Impact




October, 2024

The 85 Fund has made a significant impact by educating the public on the fundamental principles of constitutionalism and limited government. Through its activities and grants, it fosters an understanding of how these principles relate to the protection of individual dignity and freedoms. By focusing on topics such as religious liberty, the role of the courts, education policies, and election reforms, the organization plays a vital role in promoting civic awareness and engagement. Based in Fort Worth, Texas, The 85 Fund highlights the importance of structural limits on government power in safeguarding personal rights, thereby empowering communities to advocate for their freedoms and influence public policy positively.




This information is meant to be a general summary of The 85 Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$134,753,000 (2022)
Expenses
$138,818,674 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $134,753,000

Assets and Liabilities:

  • Total Assets: $6,212,890
  • Total Liabilities: $0
  • Net Assets: $6,212,890

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Organization Details

Founding Year

2004

Principal Officer

Carrie Severino

Main Address

9800 Hillwood Parkway Ste 140, Fort Worth, TX, 76177

NTEE Category

Code: I01 - Crime

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