State Leadership Project

Nonprofit profile at a glance

EIN
834006980
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Raleigh, NC, USA
Phone
9196791776
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Leadership Development

Reported finances

Revenue
$12,656,668
Expenses
$12,029,546
Assets
$3,848,012
Liabilities
$286,930

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • ERIN EGAN (EXECUTIVE DIRECTOR)

People named in this filing

  • LUDOVIC BLAIN (CHAIR)
  • JORDAN DELMUNDO (CO-TREASURER)
  • HARRIS PARNELL (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

State leadership project (slp) is a 501(c)(3) nonprofit organization that strengthens civic infrastructure by supporting the charitable efforts of state-based donor alliances and funder communities. Slp helps build, resource, and sustain long-term investment in the people and systems that make democracy workadvancing equity, strengthening civic participation, and improving lives in communities across the country.

What it reported doing in 2024

State leadership project (slp) strengthens civic infrastructure by supporting the charitable efforts of state-based donor alliances. Slp provides grants for charitable work that strengthens nonprofit leadership, expands long-term investment in state-based infrastructure, and increases the capacity of civic organizations to engage the public in nonpartisan ways.in addition to grantmaking, slp offers professional development, coaching, and technical assistance to donor alliance directors and charitable organizations. These services focus on organizational management, legal and compliance best practices, and fundraising strategies to ensure the sustainability and effectiveness of civic infrastructure nationwide.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 94
  • Accountability: 76
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.3%; rating input score 94
  • Program expense ratio: 99.2%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: 25.8% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 24.7% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 32% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 94.3% of revenue deployed · 99.2% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $11.9M in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 33 filed money-flow records
  • Related organizations: 33 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • Review — Sustainability: Operating margin scored 54/100.