Totals
- Total revenue
- $1,082,567
- Total expenses
- $2,296,125
- Contributions and grants received
- $1,013,063
- Grants paid
- $711,479
- Program service revenue
- $0
- Investment income
- $69,504
- Other revenue
- $0
- Total assets, end of year
- $2,935,976
- Total liabilities, end of year
- $270,834
- Net assets or fund balances, end of year
- $2,665,142
- Program services expenses (Part IX)
- $1,898,349
- Management and general expenses
- $268,758
- Fundraising expenses
- $129,018
- Program service expenses (Part III)
- $1,898,349
Program services were 82.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,013,063
-
3 · Investment income
total $69,504 · excluded $69,504
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $687,174 · program services $687,174
-
2 · Grants to domestic individuals
total $16,000 · program services $16,000
-
3 · Grants to foreign organizations and individuals
total $8,305 · program services $8,305
-
5 · Compensation of officers, directors and key employees
total $763,298 · program services $610,638 · management and general $76,330 · fundraising $76,330
-
7 · Other salaries and wages
total $66,715 · program services $53,373 · management and general $6,671 · fundraising $6,671
-
8 · Pension plan contributions
total $3,967 · program services $3,173 · management and general $397 · fundraising $397
-
10 · Payroll taxes
total $55,347 · program services $44,277 · management and general $5,535 · fundraising $5,535
-
11c · Fees: accounting
total $19,525 · management and general $19,525
-
11g · Fees: other
total $196,883 · program services $105,820 · management and general $74,585 · fundraising $16,478
-
12 · Advertising and promotion
total $1,162 · program services $70 · management and general $1,092
-
13 · Office expenses
total $40,653 · program services $23,288 · management and general $14,664 · fundraising $2,701
-
14 · Information technology
total $2,183 · program services $1,747 · management and general $218 · fundraising $218
-
17 · Travel
total $278,750 · program services $206,446 · management and general $52,235 · fundraising $20,069
-
19 · Conferences, conventions and meetings
total $137,397 · program services $133,089 · management and general $4,308
-
22 · Depreciation, depletion and amortization
total $2,087 · management and general $2,087
-
23 · Insurance
total $6,187 · program services $4,949 · management and general $619 · fundraising $619
-
24a · Other expenses: Professional developmen
total $10,492 · management and general $10,492
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,696,540 · end of year $367,741
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $1,676,183
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $250,000
-
4 · Accounts receivable
beginning of year $1,550,000 · end of year $550,000
-
9 · Prepaid expenses and deferred charges
beginning of year $33,513 · end of year $8,727
-
10a · Land, buildings and equipment: cost or other basis
$74,125
-
10b · Land, buildings and equipment: accumulated depreciation
$2,087
-
10c · Land, buildings and equipment, net
beginning of year $23,950 · end of year $72,038
-
15 · Other assets
beginning of year $0 · end of year $11,287
-
17 · Accounts payable and accrued expenses
beginning of year $423,192 · end of year $270,834
-
27 · Net assets without donor restrictions
beginning of year $1,470,347 · end of year $1,290,915
-
28 · Net assets with donor restrictions
beginning of year $2,410,464 · end of year $1,374,227
Mission and programs · 2023
Mission
See Schedule O
-
Academy Training - Fellowship and Research Scholars Programs:These include one- and two-year fellowship programs for undergraduates, pre-masters and graduate students in partnership with the nation's leading think tanks. When Academy Fellows complete their training fellowship they become a part of the Alumni Career and Leadership Development Program. The Policy Academies training programs are free of cost for participating students. TPA covers airfare and lodging and provides a competitive stipend.
Expenses $666,282 · Grants $373,472
-
Equity in Institutional and Research Practice: This initiative supports efforts to improve practices within the policy research and broader policy fields by encouraging broader representation of scholars and on research topics and methodologies. The program works with partners to enhance institutional practices in the development and application of public policy research. Through collaboration between scholars, institutions, and communities this initiative ensures that research informs policy decisions that reflect a wide range of perspectives and societal needs. This program also creates platforms for this work.
Expenses $523,242 · Grants $263,833
-
Alumni Career and Leadership Development Program:This program, which is often shortened to "The Alumni Program", supports the early career development of Academy graduates by helping them attend career accelerating conferences, providing specialized training courses, and by providing personalized training and mentorship.
Expenses $368,735 · Grants $74,174
-
Our work also includes efforts to engage a broad range of stakeholders through events, partnerships, and collaborative initiatives. These activities involve convening policy forums, providing technical assistance to organizations, and sharing research findings. By collaborating with nonprofits, policy bodies, research organizations, and academic institutions, TPA helps drive impactful conversations and actions that shape innovative policy solutions and support the leadership of early-career policy professionals.
Expenses $340,090
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lynette Rawlings
President and CEO
- Total calculated
- $515,957
- From this org
- $470,000
- From related orgs
- $0
- Other
- $45,957
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $270,000
- Bonus
- $200,000
- Other
- $0
- Deferred
- $33,000
- Nontaxable benefits
- $12,957
- Filer's total
- $515,957
-
Angela Glover Blackwell
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Nick Turner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Darrick Hamilton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Arlene Williams
COO & SVP of Special Initiatives
- Total calculated
- $247,341
- From this org
- $215,000
- From related orgs
- $0
- Other
- $32,341
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $215,000
- Bonus
- $0
- Other
- $0
- Deferred
- $12,900
- Nontaxable benefits
- $19,441
- Filer's total
- $247,341
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · First-class or charter travel
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 1a
- The Organization's Chief Executive Officer will occasionally fly business class or first class when work is being conducted on the flight and/or under $1,000 and under when the flight is across country $2,000. The benefit is not taxable for the officer.
- Part I, Line 3
- The Executive Director's compensation is set by the Board of Directors minus the Executive Director.
- Part I, Line 7
- The President and CEO received a $200K bonus in FY 2023. This bonus was authorized as a result of the President and CEO receiving $0 salary during the start-up years of the organization. The bonus was approved by the board of directors.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$200,000
To support The Aspen Institute research activities
-
The University of Texas at Austin
$110,000
To supportUniversity of Texas at Austin research activities
-
National Academy Of Social Insurance
$100,000
To support NASI's research activities
-
To support Howard Universities research activities
-
$58,374
To support Indiana University research activities
-
$55,000
To support MDRC research activities
-
$40,000
To support Russell Sage Foundation research activities
-
$30,000
To support Legally BLK Fund research activities
-
$15,000
To support Northeastern University research activities
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422749349300017
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