Strong Economy for Growth, Inc
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| Strong Economy for Growth, Inc. | |
| Basic facts | |
| Location: | Lynnfield, Massachusetts |
| Type: | 501(c)(4) |
| Top official: | Ernesto DiGiambattista, Director and president |
| Year founded: | 2013 |
As of 2016, Strong Economy for Growth, Inc. (SEFG) was a 501(c)(4) based in Lynnfield, Massachusetts. The organization was an economic research and educational nonprofit.
In 2016, the group was advocating for the passage of Massachusetts' Authorization of Additional Charter Schools and Charter School Expansion, which would have permitted the state to expand and increase the number of charter schools in Massachusetts. The measure appeared on the ballot on November 8, 2016, and was defeated.[1]
Background
Founded in 2013, the Strong Economy for Growth, Inc (SEFG) is a 501(c)(4) based in Lynnfield, Massachusetts. The organization sought to promote "common good and general welfare...by [sic] engaging in research, education and communications efforts to provide citizens with information regarding economic opportunities and individual liberties."[2] According to IRS documents, Ernesto DiGiambattista was the only paid employee of the SEFG; he also served as the organization's director and president.[2] DiGiambattista is the founder and CEO of Cybric, a cyber security firm based in Boston.[3]
Political activity
Ballot measure activity
2016 activity
SEFG supported the passage of Massachusetts' Authorization of Additional Charter Schools and Charter School Expansion, which would have permitted the state to expand and increase the number of charter schools in Massachusetts. According to reports through August 15, 2016, the top donor in support of this initiative was SEFG, which provided approximately 9 percent of the campaign's total war chest. It contributed $50,000 in cash donations.[1]
Overview of ballot measure support and opposition
The following table details SEFG's ballot measure stances available on Ballotpedia:
| Ballot measure support and opposition for SEFG | ||||
|---|---|---|---|---|
| Ballot measure | Year | Position | Status | |
| Massachusetts Question 2, Annual Charter School Expansion Initiative (2016) | 2016 | Supported | ||
Finances
The following is a breakdown of SEFG's revenues and expenses as submitted to the IRS for the 2013 to 2014 fiscal years:
| Annual revenue and expenses for SEFG, 2013–2014 | ||
| Tax Year | Total Revenue | Total Expenses |
| 2014[2] | $775,850 | $826,767 |
| 2013[4] | $65,100 | $5,032 |
Recent news
The link below is to the most recent stories in a Google news search for the terms 'Strong Economy for Growth, Inc'. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
Footnotes
- ↑ 1.0 1.1 Massachusetts Office of Campaign & Political Finance, "Ballot Question Reports," accessed August 15, 2016
- ↑ 2.0 2.1 2.2 Guidestar, "IRS Form 990, SEFG (2014)," accessed August 31, 2016
- ↑ Cybric, "Home," accessed August 31, 2016
- ↑ Guidestar, "IRS Form 990 EZ, SEFG (2013)," accessed August 31, 2016
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