1. Financial Framework for Amendment Now

1.1 Revenue Sources

Amendment Now will generate revenue through:

1. 1.Membership Dues: Recurring contributions from members supporting the organization’s mission. 

2. 2.Donations: Individual and corporate contributions. 

3. 3.Grants: Funds from philanthropic foundations and civic engagement initiatives. 

4. 4.Fundraising Events: Proceeds from events such as rallies, town halls, and educational workshops. 

5. 5.Merchandise Sales: Branded items like t-shirts, buttons, and banners. 

1.2 Budget Allocation

Projected annual budget: $1,000,000

• •.Programs and Advocacy (60%): $600,000 

  • •.Educational campaigns, community events, lobbying efforts. 

• •.Operations and Administration (20%): $200,000 

  • •.Salaries, office space, technology, and utilities. 

• •.Marketing and Outreach (10%): $100,000 

  • •.Social media, advertisements, and public relations. 

• •.Reserve and Contingencies (10%): $100,000 

  • •.Emergency funds and unexpected expenses. 

1.3 Financial Policies

1. 1.Transparency: 

   • •.Annual audits by an independent CPA firm. 

   • •.Quarterly financial statements available to members upon request. 

2. 2.Compliance: 

   • •.Adherence to IRS regulations for 501(c)(4) organizations. 

   • •.Proper record-keeping for all transactions and donations. 

3. 3.Conflict of Interest: 

   • •.Trustees and staff must disclose any financial conflicts. 

1.4 Record-Keeping Requirements

• •.Retention Period: 

  • •.Financial records: 7 years. 

  • •.IRS filings and legal documents: Permanently. 

• •.Documentation: 

  • •.Detailed receipts for all expenditures. 

  • •.Records of donor contributions and acknowledgments. 

2. Preparing IRS Form 1024-A

Below is a detailed outline for completing IRS Form 1024-A, the application for recognition of exemption under Section 501(c)(4):

Part I: Identification of Applicant

1. 1.Name: Amendment Now 

2. 2.Address: 123 Freedom Drive, Democracy City, USA 12345 

3. 3.Employer Identification Number (EIN): [Insert EIN] 

4. 4.Contact Information: 

   • •.Phone: (555) 123-4567 

   • •.Email: info@amendmentnow.org 

Part II: Organizational Structure

1. 1.Articles of Organization: 

   • •.Submit a certified copy of the Articles of Organization. 

2. 2.Bylaws: 

   • •.Include a copy of the adopted bylaws. 

Part III: Activities

1. 1.Primary Activities: 

   • •.Advocate for constitutional amendments through public education and grassroots organizing. 

   • •.Host community events, educational workshops, and voter registration drives. 

   • •.Conduct lobbying efforts to promote amendments. 

2. 2.Programs: 

   • •.Educational Campaigns: $300,000 annually. 

   • •.Public Engagement: $200,000 annually. 

Part IV: Financial Data

1. 1.Sources of Revenue: 

   • •.Membership Dues: $400,000. 

   • •.Donations: $300,000. 

   • •.Grants: $200,000. 

   • •.Merchandise Sales: $100,000. 

2. 2.Projected Expenses: 

   • •.Educational Programs: $500,000. 

   • •.Administrative Costs: $200,000. 

   • •.Marketing and Outreach: $100,000. 

   • •.Reserve Fund: $100,000. 

Part V: Compensation of Officers, Directors, and Employees

1. 1.Executive Director: $75,000 annually. 

2. 2.Administrative Staff (2): $50,000 each annually. 

3. 3.Marketing Manager: $40,000 annually. 

Part VI: Lobbying Activities

1. 1.Amendment Now will engage in direct and grassroots lobbying to advocate for constitutional amendments. 

2. 2.Annual lobbying expenditures are projected at $150,000 (15% of total revenue). 

Part VII: Specific Activities

1. 1.Political Campaign Intervention: 

   • •.Amendment Now will not endorse or oppose political candidates. 

2. 2.Public Advocacy: 

   • •.Engage in public education campaigns aligned with its mission. 

Part VIII: Financial Statements

Include the following:

1. 1.Balance sheet. 

2. 2.Statement of revenues and expenses. 

3. 3.Budget for the next three years.