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Nonprofiteer
← ADVANCE DEMOCRACY INC

Form 990 for tax year 2024

Filed by ADVANCE DEMOCRACY INC.

Totals

Total revenue
$7,580,825
Total expenses
$4,113,430
Contributions and grants received
$7,471,804
Grants paid
$0
Program service revenue
$0
Investment income
$109,021
Other revenue
$0
Total assets, end of year
$7,659,914
Total liabilities, end of year
$151,007
Net assets or fund balances, end of year
$7,508,907
Program services expenses (Part IX)
$3,465,067
Management and general expenses
$374,228
Fundraising expenses
$274,135
Program service expenses (Part III)
$3,465,067

Program services were 84.2% 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

    $7,471,804

  • 1g · Noncash contributions included above

    $999,683

  • 3 · Investment income

    total $70,044 · excluded $70,044

  • 7a · Gross sales of assets other than inventory

    securities $1,038,660

  • 7b · Less cost or other basis and sales expenses

    securities $999,683

  • 7c · Gain or loss

    securities $38,977

  • 7d · Net gain or loss

    total $38,977 · excluded $38,977

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $457,518 · program services $343,138 · management and general $45,752 · fundraising $68,628

  • 7 · Other salaries and wages

    total $1,067,864 · program services $800,898 · management and general $106,786 · fundraising $160,180

  • 8 · Pension plan contributions

    total $35,152 · program services $26,364 · management and general $3,515 · fundraising $5,273

  • 9 · Other employee benefits

    total $98,909 · program services $74,182 · management and general $9,891 · fundraising $14,836

  • 10 · Payroll taxes

    total $77,187 · program services $57,890 · management and general $7,719 · fundraising $11,578

  • 11b · Fees: legal

    total $3,762 · management and general $3,762

  • 11c · Fees: accounting

    total $58,578 · management and general $58,578

  • 11g · Fees: other

    total $1,761,547 · program services $1,761,547

  • 13 · Office expenses

    total $27,442 · program services $6,944 · management and general $19,755 · fundraising $743

  • 14 · Information technology

    total $311,317 · program services $233,488 · management and general $77,829

  • 16 · Occupancy

    total $17,091 · program services $12,818 · management and general $3,418 · fundraising $855

  • 17 · Travel

    total $154,661 · program services $115,996 · management and general $30,932 · fundraising $7,733

  • 22 · Depreciation, depletion and amortization

    total $12,446 · program services $9,335 · management and general $2,489 · fundraising $622

  • 23 · Insurance

    total $24,577 · program services $18,433 · management and general $2,457 · fundraising $3,687

  • 24a · Other expenses: SUBSCRIPTION

    total $5,379 · program services $4,034 · management and general $1,345

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,191,942 · end of year $1,331,111

  • 2 · Savings and temporary cash investments

    beginning of year $2,627,056 · end of year $3,734,299

  • 3 · Pledges and grants receivable

    end of year $2,205,621

  • 4 · Accounts receivable

    beginning of year $1,906 · end of year $983

  • 9 · Prepaid expenses and deferred charges

    beginning of year $334,122 · end of year $372,868

  • 10a · Land, buildings and equipment: cost or other basis

    $57,238

  • 10b · Land, buildings and equipment: accumulated depreciation

    $44,006

  • 10c · Land, buildings and equipment, net

    beginning of year $18,364 · end of year $13,232

  • 15 · Other assets

    beginning of year $1,800 · end of year $1,800

  • 17 · Accounts payable and accrued expenses

    beginning of year $133,678 · end of year $151,007

  • 27 · Net assets without donor restrictions

    beginning of year $4,041,512 · end of year $5,303,286

  • 28 · Net assets with donor restrictions

    end of year $2,205,621

Mission and programs · 2024

Mission

ADVANCE DEMOCRACY, INC. IS A NON-PARTISAN NONPROFIT THAT PRODUCES INDEPENDENT PUBLIC-INTEREST RESEARCH AND JOURNALISM TO EDUCATE THE PUBLIC ON IMPORTANT PUBLIC MATTERS. THE ORGANIZATION CONDUCTS HIGHLY-TECHNICAL, SPECIALIZED RESEARCH, PUBLISHES ANALYSIS, AND SUPPORTS JOURNALISTS, MEDIA OUTLETS, AND OTHER PUBLIC INTEREST ORGANIZATIONS WITH RESOURCES THAT CONTRIBUTE TO FACT-BASED REPORTING AND EDUCATION IN THE PUBLIC INTEREST.

Activities or mission (Part I)

ADVANCE DEMOCRACY, INC. (ADI) IS A NON-PARTISAN NON-PROFIT ORGANIZATION THAT CONDUCTS METHODOLOGICALLY RIGOROUS PUBLIC-INTEREST RESEARCH TO EDUCATE THE PUBLIC.

  • RESEARCH - THE ORGANIZATION CONDUCTS PUBLIC INTEREST RESEARCH BY BUILDING AND MANAGING RESEARCH NETWORKS THAT INCLUDE EXPERTS IN FINANCIAL RECORDS, DATA ACQUISITION, PUBLIC-RECORDS RESEARCH, SOCIAL MEDIA ANALYSIS, PUBLIC POLICY, AND LEGAL AFFAIRS. OUR UNIQUE STRUCTURE AND SPECIALIZED APPROACH ALLOWS THE ORGANIZATION TO RESEARCH COMPLEX PUBLIC-INTEREST PROBLEM SETS RAPIDLY AND EFFICIENTLY.

    Expenses $3,465,067

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Daniel Jones

    PRESIDENT, CEO

    Total calculated
    $516,518
    From this org
    $398,516
    From related orgs
    $59,000
    Other
    $59,002
    Hours/week
    50 + 10 related

    Schedule J breakdown matched by us

    Base
    $398,516 + $59,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $46,124
    Nontaxable benefits
    $12,878
    Filer's total
    $457,518 + $59,000 related
  • Michael Balascio

    TREASURER, DIRECTOR

    Total calculated
    $0
    Hours/week
    5 + 1 related
  • Adam Kaufmann

    SECRETARY, DIRECTOR

    Total calculated
    $0
    Hours/week
    5 + 1 related
  • William Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Deanna Woodman

    DIRECTOR OF RESEARCH

    Total calculated
    $134,479
    From this org
    $120,915
    From related orgs
    $0
    Other
    $13,564
    Hours/week
    40
  • Valerie Szybala

    RESEARCH STAFF

    Total calculated
    $150,465
    From this org
    $131,004
    From related orgs
    $0
    Other
    $19,461
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,004
    Bonus
    $0
    Other
    $0
    Deferred
    $10,218
    Nontaxable benefits
    $9,243
    Filer's total
    $150,465

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 · Independent compensation consultant
  • 3 · Compensation survey or study

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 1A
FIRST CLASS AIRFARE EXTENDED ON A LIMITED BASIS (ONLY FOR DOMESTIC TRAVEL, NOT ALLOWED FOR INTERNATIONAL TRAVEL) AND ONLY TO ACCOMODATE TRAVEL SCHEDULE.

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

No itemized grants to organizations 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
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202503219349313135

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