Common Sense Society
Common Sense Society
EIN: 86-1543050
as of November 2024
as of November 11, 2024
Mission
COMMON SENSE SOCIETY'S MISSION IS TO PROMOTE THE PRINCIPLES OF LIBERTY, PROSPERITY, AND BEAUTY.
Ruling year
2021
Principal Officer
Marion Smith
Main address
1455 Pennsylvania Avenue, NW Suite 400
Washington, DC 20004 USA
EIN
86-1543050
Social sciences
Public policy
Arts and culture
Population served
Families
Parents
Academics
Activists
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Civic Engagement
Activities which use physical and digital public platforms to promote Common Sense Society's work which supports local citizens and communities.
Education
Activities which educate various beneficiaries, including students, teachers, and parents, on the mission of Common Sense Society.
Research & Publications
Activities which provide research and the related publications, including magazine articles, books, reports, op-eds, and other media.
Where we work
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of program graduates
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Common Sense Society aims to cultivate a future that draws on the best of the past—a future that is free, flourishing, thoughtful, and full of enduring meaning.
What are the organization's key strategies for making this happen?
Common Sense Society aims to achieve its goals by educating 21st century generations and informing public discourse.
What are the organization's capabilities for doing this?
What have they accomplished so far and what's next?
Financials
Revenue vs. expenses: breakdown
Liquidity in 2022 info
0.27
Months of cash in 2022 info
0.3
Fringe rate in 2022 info
15%
Funding sources info
Assets & liabilities info
Financial data
Common Sense Society
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Common Sense Society’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
| Profitability info | 2021 | 2022 |
|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $144,673 | $526,672 |
| As % of expenses | 4.3% | 7.7% |
| Unrestricted surplus (deficit) after depreciation | $139,623 | $511,396 |
| As % of expenses | 4.1% | 7.4% |
| Revenue composition info | ||
|---|---|---|
| Total revenue (unrestricted & restricted) | $3,516,665 | $7,424,976 |
| Total revenue, % change over prior year | 0.0% | 111.1% |
| Program services revenue | 0.0% | 0.0% |
| Membership dues | 0.3% | 0.8% |
| Investment income | 0.0% | 0.0% |
| Government grants | 0.0% | 0.0% |
| All other grants and contributions | 99.6% | 99.0% |
| Other revenue | 0.1% | 0.2% |
| Expense composition info | ||
|---|---|---|
| Total expenses before depreciation | $3,364,061 | $6,884,426 |
| Total expenses, % change over prior year | 0.0% | 104.6% |
| Personnel | 42.8% | 41.0% |
| Professional fees | 12.5% | 18.4% |
| Occupancy | 5.1% | 2.8% |
| Interest | 0.0% | 0.0% |
| Pass-through | 4.4% | 8.6% |
| All other expenses | 35.2% | 29.1% |
| Full cost components (estimated) info | 2021 | 2022 |
|---|---|---|
| Total expenses (after depreciation) | $3,369,111 | $6,899,702 |
| One month of savings | $280,338 | $573,702 |
| Debt principal payment | $0 | $0 |
| Fixed asset additions | $0 | $439,231 |
| Total full costs (estimated) | $3,649,449 | $7,912,635 |
Capital structure indicators
| Liquidity info | 2021 | 2022 |
|---|---|---|
| Months of cash | 0.5 | 0.3 |
| Months of cash and investments | 0.5 | 1.2 |
| Months of estimated liquid unrestricted net assets | 0.5 | 0.4 |
| Balance sheet composition info | 2021 | 2022 |
|---|---|---|
| Cash | $142,251 | $191,002 |
| Investments | $0 | $500,270 |
| Receivables | $0 | $18,595 |
| Gross land, buildings, equipment (LBE) | $0 | $423,955 |
| Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% |
| Liabilities (as a % of assets) | 72.9% | 79.7% |
| Unrestricted net assets | $139,623 | $651,019 |
| Temporarily restricted net assets | N/A | N/A |
| Permanently restricted net assets | N/A | N/A |
| Total restricted net assets | $7,931 | $16,979 |
| Total net assets | $147,554 | $667,998 |
Key data checks
| Key data checks info | 2021 | 2022 |
|---|---|---|
| Material data errors | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Marion Smith
Number of employees
Source: IRS Form 990
Common Sense Society
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
Common Sense Society
Highest paid employeesSOURCE: IRS Form 990
Compensation data
Common Sense Society
Board of directorsas of 12/04/2023
Board of directors data
Thomas Peterffy
Contractors
Fiscal year endingGuideStar Pro Reports
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