Res Publica US INC

Tax-deductible

New York, NY501(c)(3)Human ServicesEIN 13-4286728

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Res Publica US INC. Supports innovative and impactful social entrepreneurship to advance positive culture change, stewardship of the planet and human freedom and flourishing.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$75K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $629K a year · 30% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 3% of spending
Top officer’s pay lower than 86% of similar orgs
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $1.3M
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$69K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.2M
+50% vs prior year
Spent
$2.3M
To programs
76%
Net assets
$1.9M
By yearFY2021–FY2024
Revenue
$3.2M
FY2024▲ +50%
Revenue by fiscal year
FY2021$118K
FY2022$910K
FY2023$2.1M
FY2024$3.2M
Expenses
$2.3M
FY2024▲ +45%
Expenses by fiscal year
FY2021Not on file
FY2022$471K
FY2023$1.6M
FY2024$2.3M
Net assets
$1.9M
FY2024▲ +87%
Net assets by fiscal year
FY2021$58K
FY2022$497K
FY2023$1.0M
FY2024$1.9M

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $1.7M Management & general 24% · $554K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation
Treasurer
$75,000Pt VII · Sec A
Board Chair & Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director, Operations & Finance
$0Pt VII · Sec A

Rajiv Joshi’s $75K as Treasurer is at the 14th percentile of top reported officer pay among 3868 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Res Publica US INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports social entrepreneurs creating positive change for culture, planet, and human flourishing.

Provided by the organization

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1 program service account for $1.7M of program spending, described in the organization's own filed words · FY2024.
01

In 2024, res publica us inc. Provided fiscal sponsorship and administrative support as well as advisory services to mission-aligned projects focused on climate change, human rights, and civic engagement.

$1.7Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 1 grant · $5K · 2023–2023
1497 INCFY2023$5,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Gifts and grantsLn 1h$3.0M
Fees for servicesLn 2g$180K
Money outPt IX
$2.3M
Ln 25
Programscol B$1.7M
Managementcol C$554K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$2.0M
LiabilitiesLn 26$69K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Fees for servicesLn 2g$180K
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$2.0M
Cash and savings togetherLn 1–2$2.0M
Total assetsLn 16$2.0M
LiabilitiesLn 26$69K
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.0M$2.0M
Total assetsLn 16$1.0M$2.0M
LiabilitiesLn 26$9K$69K
Net assetsLn 32$1.0M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$75K$75K
Legal feesLn 11b$1K$1K
Other fees for servicesLn 11g$2.0M$1.4M$548K
Office expensesLn 13$5K$3K$2K
Information technologyLn 14$13K$13K
TravelLn 17$7K$7K
Other expenses (24a–d)Ln 24$201K$198K$3K
Total functional expensesLn 25$2.3M$1.7M$554K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.2M$2.3M$901K$1.9M 990 PDF
FY2023 $2.1M$1.6M$548K$1.0M 990 PDF
FY2022 $910K$471K$439K$497K 990 PDF
FY2021 $118K$58K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $3,188,151 across 4 lines filed
VIII-1f All other contributions, gifts and grants$3,008,151
VIII-1h Total contributions, gifts and grants$3,008,151
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $180,000$180,000
VIII-12 Total revenueRelated to mission $180,000 · Unrelated business $0 · Excluded from tax $0$3,188,151
Part IX · Statement of functional expenses $2,287,041 across 7 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $75,000$75,000
IX-11b Legal feesManagement $1,000$1,000
IX-11g Other fees for servicesPrograms $1,435,826 · Management $548,417$1,984,243
IX-13 Office expensesPrograms $2,782 · Management $1,872$4,654
IX-14 Information technologyPrograms $13,206$13,206
IX-17 TravelPrograms $7,465$7,465
IX-24 Other expenses (24a–d)Programs $198,335 · Management $3,138$201,473
IX-25 Total functional expensesPrograms $1,732,614 · Management $554,427 · Fundraising $0$2,287,041
Part X · Balance sheet $2,009,781 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $1,048,671$2,009,781
X-16 Total assetsStart of year $1,048,671$2,009,781
X-17 Accounts payable and accrued expensesStart of year $9,189$69,189
X-26 Total liabilitiesStart of year $9,189$69,189
X-27 Net assets without donor restrictionsStart of year $1,035,050$1,936,160
X-28 Net assets with donor restrictionsStart of year $4,432$4,432
X-32 Total net assets or fund balancesStart of year $1,039,482$1,940,592
X-33 Total liabilities and net assetsStart of year $1,048,671$2,009,781
Part XI · Reconciliation of net assets $1,940,592 net assets at year end
XI-1 Total revenue$3,188,151
XI-2 Total expenses$2,287,041
XI-3 Revenue less expenses$901,110
XI-4 Net assets at start of year$1,039,482
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,940,592

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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