Ratings & Metrics
Joint Costs
Government Accountability Project (GAP)'s rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.
| Program % | Cost to Raise $100 |
|---|---|
| 85% | $6 |
Financial Documents
| Entity | Document Type | Tax ID |
|---|---|---|
| Government Accountability Project | IRS Form 990 | 52-1343924 |
| Government Accountability Project | Audited Financial Statements | 52-1343924 |
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Entity: Government Accountability Project Document Type: IRS Form 990 Tax ID: 52-1343924 |
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Entity: Government Accountability Project Document Type: Audited Financial Statements Tax ID: 52-1343924 |
Governance & Transparency
Top Salaries
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Louis Clark | Executive Director/CEO | $159,519 |
| 2 | Michael Termini | COO | $145,243 |
| 3 | Karen Gray | General Counsel | $125,645 |
|
1 Name: Louis Clark Title: Executive Director/CEO Compensation: $159,519 |
|
2 Name: Michael Termini Title: COO Compensation: $145,243 |
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3 Name: Karen Gray Title: General Counsel Compensation: $125,645 |
Analysts' Notes
According to the Government Accountability Project (GAP) audit of December 31, 2020 (Note 17, Concentrations): "GAP received a substantial portion of its revenue from six contributors, in 2020 and 2019. For the years ended December 31, 2020 and 2019, GAP received revenue of approximately $1,855,000 or 49% and $1,975,000 or 57%, respectively, of GAP's total revenue and support." |
According to the Government Accountability Project (GAP) audit of December 31, 2020 (Note 2 re: Advertising Expense): "In late 2020, GAP entered into a contract for a Democracy Protection Initiative and Whistleblower Awareness advertising campaign at a total cost of $74,000. GAP charged $31,714 to expenses in year ended December 31, 2020 and $42,286 to prepaid expenses at December 31, 2020. GAP had minimal other advertising costs in years ended December 31, 2020 and 2019." |
According to the Government Accountability Project (GAP) audit of December 31, 2020 (Note 18, Payroll Protection Program Loan): "GAP received a loan in the amount of $292,390 under the Payroll Protection Program in April 2020. All loan proceeds were spent on eligible expenses as per the loan agreement. The loan was forgiven in January 2021. As of December 31, 2020, the Paycheck Protection Program is recorded as a liability. The loan was recorded as income in January 2021 when it was forgiven." |
According to the Government Accountability Project (GAP) audit of December 31, 2020 (Note 19, Economic Injury Disaster Advance Grant): "GAP received an advance grant in the amount of $10,000 under the Economic Injury Disaster Loan (EIDL) Program operated by the Small Business Administration (SBA) in May 2020. All advance grant amounts were spent on eligible expenses as per the advance grant agreement. The EIDL advance grant is forgivable up to $10,000 and as such, GAP has recognized the entire amount of $10,000 as other income during the year ended December 31, 2020." |
According to the Government Accountability Project (GAP) audit of December 31, 2020 (Note 20, Subsequent Events): "...GAP has evaluated the impact of its financial statements and disclosures of certain transactions occurring subsequent to its year-end through April 30, 2021, which is the date GAP's [audited] financial statements were available to be issued... "The COVID-19 outbreak in the United States has caused business disruption through mandated and voluntary closings of businesses. While the disruption is currently expected to be temporary, there is considerable uncertainty around the duration of the closings. Therefore, GAP expects this matter could have a negative impact on its operation results. However, the related financial impact and duration cannot be reasonably estimated at this time." |