Splc Action Fund
Nonprofit profile at a glance
- EIN
- 831085161
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Montgomery, AL, USA
- Phone
- 3349568200
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Civil Rights, Social Action, Advocacy N.E.C.
Reported finances
- Revenue
- $2,906,726
- Expenses
- $2,961,097
- Assets
- $6,869,065
- Liabilities
- $11,588
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- MARGARET HUANG (PRESIDENT/CEO)
- BRYAN FAIR (INTERIM PRESIDENT/CEO (AS OF 07/14/25))
Highest reported compensation
- MARGARET HUANG (PRESIDENT/CEO): $530,740 total reported compensation
- ERIKA MITCHELL (EVP-CHIEF OPERATING OFFICER): $311,864 total reported compensation
- SETH LEVI (CHIEF PROGRAM STRATEGY OFFICER): $297,761 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Splc action fund is a catalyst for racial justice in the south and beyond, working in partnership with communities to dismantle white supremacy, strengthen intersectional movements, and advance the human rights of all people.
What it reported doing in 2024
The action fund is committed to strengthening the political, economic, and social power of black and brown communities in the south. The action fund's work is rooted in the south where the communities are most profoundly affected by white supremacy. Lobbying to fight legislative battles at every level of government is one tool the action fund uses to help increase power and capacity for a multi-racial, inclusive democracy. Since its formation, the action fund has used this initiative while pursuing its mission to be a catalyst for racial justice in the south and beyond, using grassroots organizing, and other forms of advocacy they are working in partnership with communities to dismantle the white supremacy, strengthen intersectional movements, and advance the human rights of all people.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% 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
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 65
- Accountability: 100
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.1%; rating input score 76
- Program expense ratio: 72.8%; rating input score 73
- Fundraising efficiency: $6.51 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.9%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 2.32; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
- Officer compensation ratio: 4.9%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: 0.7% per year; rating input score 100; 16th percentile among comparable filings
- Revenue growth: 2.2% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 23.7% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 76.1% of revenue deployed · 72.8% of spending went to programs
- Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.2M in reported program spending
- Leadership: top reported pay $531K · 10 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $447K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 3 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 24/100.
- High — Sustainability: Operating margin scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.