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← INSTITUTE FOR PROGRESS

Form 990 for tax year 2023

Filed by INSTITUTE FOR PROGRESS.

Totals

Total revenue
$8,198,072
Total expenses
$3,079,238
Contributions and grants received
$8,198,001
Grants paid
$551,220
Program service revenue
$0
Investment income
$71
Other revenue
$0
Total assets, end of year
$6,919,451
Total liabilities, end of year
$437,436
Net assets or fund balances, end of year
$6,482,015
Program services expenses (Part IX)
$2,545,972
Management and general expenses
$393,901
Fundraising expenses
$139,365
Program service expenses (Part III)
$2,545,972

Program services were 82.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ALEC STAPP

    CO-CEO

    Total calculated
    $220,026
    From this org
    $202,500
    From related orgs
    $0
    Other
    $17,526
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,500
    Bonus
    $0
    Other
    $0
    Deferred
    $10,125
    Nontaxable benefits
    $7,401
    Filer's total
    $220,026

  • CALEB WATNEY

    CO-CEO

    Total calculated
    $222,654
    From this org
    $202,500
    From related orgs
    $0
    Other
    $20,154
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,500
    Bonus
    $0
    Other
    $0
    Deferred
    $10,125
    Nontaxable benefits
    $10,029
    Filer's total
    $222,654

  • DANIEL CORREA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TAMARA WINTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ZACHARY GRAVES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEREMY NEUFELD

    SR IMMIGRATION FELLOW

    Total calculated
    $142,408
    From this org
    $129,167
    From related orgs
    $0
    Other
    $13,241
    Hours/week
    40

  • BRIAN POTTER

    SR INFRASTRUCTURE FELLOW

    Total calculated
    $152,345
    From this org
    $140,000
    From related orgs
    $0
    Other
    $12,345
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,000
    Bonus
    $0
    Other
    $0
    Deferred
    $3,792
    Nontaxable benefits
    $8,553
    Filer's total
    $152,345

  • SANTIAGO RUIZ

    SR EDITOR

    Total calculated
    $131,244
    From this org
    $116,250
    From related orgs
    $0
    Other
    $14,994
    Hours/week
    40

  • ARIELLE D'SOUZA

    BIOTECH FELLOW

    Total calculated
    $110,386
    From this org
    $101,667
    From related orgs
    $0
    Other
    $8,719
    Hours/week
    40

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

  • 3 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE COMPENSATION OF THE CO-CEOS WAS APPROVED THE BOARD.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433209349321923

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