Non-profit

National Action Network (NAN)

Al Sharpton by David Shankbone (link) by David Shankbone (attribution required) is licensed CC-BY-SA-3.0 (link)
Location:

NEW YORK, NY

Tax ID:

11-3269182

Tax-Exempt Status:

501(c)(4)

Budget (2022):

Revenue: $8,027,403
Expenses: $8,761,330
Assets: $3,162,649

Type:

Advocacy group

Formation:

1991

President and Founder:

Al Sharpton

Budget (2023):

Revenue: $ 8,432,584
Expenses: $ 10,078,729
Assets: $ 1,168,369

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The National Action Network (NAN) was founded in 1991 by controversial MSNBC commentator, left-of-center activist, and former Democratic politician Al Sharpton. Since its creation, NAN has been used to promote Sharpton’s left-of-center agenda. 25 26

Financial Issues

For decades National Action Network’s finances have been the subject of legal scrutiny. In the 1990s, NAN loaned money to Al Sharpton’s for-profit business Revals Communications. That loan was allegedly used to pay for Sharpton’s daughter’s private school tuition in spite of the fact that nonprofits are prohibited from making loans to its officers under New York state law. 40 Sharpton accused Freddy’s of racism and proclaimed, “We will not stand by and allow them to move this brother so that some white interloper can expand his business.” 41 A black gunman would later enter Freddy’s, begin shooting, and set fire to the store, killing seven employees in what the New York Police Department called “racial arson.” 0){ let parent=divs[divs.length-1].parentNode; let footer=divs[divs.length-1]; delete divs[divs.length-1]; for (let i=2; i