NonprofitsFirearms Regulatory Accountability Coalition Inc

Community Improvement & Capacity Building

Firearms Regulatory Accountability Coalition Inc

BISMARCK, ND

Total revenue

$610K

Total expenses

$439K

Net assets

$683K

Grants received

EIN

853036156

Tax year

2024

Mission

The mission of the organization is to advance the common business interests of members of the firearms industry by ensuring that industry members receive fair and consistent treatment by firearms regulatory agencies.

Programs

3 programs

Frac conducted analysis of ongoing and potential litigation to determine its impact on the firearms industry. Frac participated in amicus brief filings and its ongoing litigation. Frac published to its website updates on various litigation affecting the industry. Litigation was approximately 30% of frac's time and approximately $186,274 was expended on this.

Expenses: $186K

Frac conducted research on areas of law and other policy matters impacting the industry throughout the year, to specifically include the conduct of various regulatory agencies affecting the firearms industry. Frac also communicated and coordinated with its members and with other like-minded organizations to gather and share information on issues facing the firearms industry. Research and policy development was approximately 50% of frac's time and approximately $67,556 was expended on this.

Expenses: $68K

Frac's officers and directors solicited new members constituting businesses, organizations, and other entities or persons that are interested in advancing and supporting the purposes of frac. Frac's officers and directors conducted operational and management activities, such as collecting dues, requesting donations, maintaining its books and records, and performing other administrative tasks. Internal governance was approximately 10% of frac's time.

Financials

FY 2024

Revenue

Contributions & grants$584K
Program service revenue
Investment income$26K
Other revenue
Total revenue$610K

Expenses

Grants paid
Salaries & benefits$146K
Fundraising
Other expenses$293K
Total expenses$439K
Total assets$706K
Net assets$683K

People

12 listed

NameRoleCompensation

TRAVIS R WHITE

PRESIDENT; SECRETARY

Board

$120K

40 hrs/wk

JESSICA L PACE

TREASURER

Board

$15K

2 hrs/wk

JASON A KING

DIRECTOR

Board

2 hrs/wk

JEFFRY E CREAMER

DIRECTOR

Board

2 hrs/wk

AMY E PEVEAR

DIRECTOR

Board

2 hrs/wk

CRAIG H METZ

DIRECTOR

Board

2 hrs/wk

ALESSANDRO R BOSCO

CHAIRMAN

Board

2 hrs/wk

KENNETH E JEFFERIES

DIRECTOR

Board

2 hrs/wk

JEFFREY R OVERSTREET

DIRECTOR

Board

2 hrs/wk

DEBORAH N MCCALLUM

DIRECTOR

Board

2 hrs/wk

CHRISTOPHER M BOECK

DIRECTOR

Board

2 hrs/wk

JASON A DAVIS

DIRECTOR

Board

2 hrs/wk

Independent contractors

WILEY REIN LLP

LEGAL

$193K

Details

EIN853036156
NTEE codeS41
Subsection06
Ruling date2022-09
Formed2020
Employees2
Volunteers10
FIREARMS REGULATORY ACCOUNTABILITY COALITION INC — Mission, Financials & Grants Received | Grantivo