Democracy Initiative
Nonprofit profile at a glance
- EIN
- 473823101
- IRS 990-EZ coverage
- 2016–2022
- Forms available
- Form 990 2015, Form 990-EZ 2022
- Location
- Washington, DC, USA
- Phone
- 2025676101
- Rating
- 35
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $4,563
- Expenses
- $1,751
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- CHARLY CARTER (EXECUTIVE DIRECTOR)
People named in this filing
- CHARLY CARTER (EXECUTIVE DIRECTOR)
- MARILYN CARPENTEYRO (BOARD CHAIR)
- DERRICK JOHNSON (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Di is a non-profit corporation and shall be operated exclusively for the purpose of promoting social welfare within the meaning of section 501(c)(4) of the internal revenue code. Di shall coordinate activities in support of and provide aid for efforts to enhance political equality and democratic rights in the united states, including issues involving the protection and expansion of voting rights, the removal of the corrupting influence of corporate money in politics, and structural obstacles to democratic reforms.
What it reported doing in 2022
Movement building and coalition - di focuses organizations to transcend silos and take collective action by unifying around democracy reform. The organizations support the participation of partner groups in coalition activities and facilitates information sharing. Activities include regular coalition meetings on various democracy issues, newsletter distribution, and ongoing stewardship with individual organizations to strategize on their institutional engagement through a race, class, gender, lgbtq equity lens.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 51
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 61.6%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -11.6% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -30.3% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: -15.4% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2016 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.