Fund for Change

Nonprofit profile at a glance

EIN
860884657
IRS 990-EZ coverage
2024–2025
Forms available
Form 990 2023, Form 990-EZ 2025
Location
Santa Fe, NM, USA
Rating
93
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$20,890
Expenses
$66,916
Assets
$284,003

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Godfrey Reggio (Director/Vice President)
  • James Rutherford (Director/President)

People named in this filing

  • Stephen J Goldin (Director/Asst Sec)
  • Godfrey Reggio (Director/Vice President)
  • Lawrence Taub (Director/Sec - Treas)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Educational Media Programs

What it reported doing in 2025

Film Projects, Documentary Films, World-wide Dissemination and Distrtibution, Audiences estimated in the tens of thousands

Operating model

Revenue model
Other-operating. 62% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 91% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 27
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -220.3%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 4.24; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 16.5%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 29.4% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: -9.7% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -2.7% per year; rating input score 0; 29th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $67K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 5 filed related-organization links
  • 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 — Sustainability: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.