To address the concerns of the independent workforce through advocacy, education and service, and through the development of new models

62¢ of each $1 spent went to programs.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
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
5 of 5
filings with a surplus
Average surplus $243K a year · 19% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$194K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$335K
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+6% vs prior year
Spent
$1.4M
To programs
62%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$1.5M
FY2024▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$932K
FY2021$1.4M
FY2022$1.1M
FY2023$1.4M
FY2024$1.5M
Expenses
$1.4M
FY2024▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$809K
FY2021$769K
FY2022$970K
FY2023$1.2M
FY2024$1.4M
Net assets
$1.3M
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020−$3.0M
FY2021−$3.2M
FY2022−$3.0M
FY2023$1.2M
FY2024$1.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2008.

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

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $871K Management & general 33% · $467K Fundraising 5% · $64K

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

8 people listed on the 990; $194K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec. Director
$194,010Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Chair (thru 01/24)
$0Pt VII · Sec A
Director (thru 06/24)
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chair (as of 01/24)
$0Pt VII · Sec A
Director (thru 06/24)
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rafael Espinal$194,010$186,175$173,729$164,142$132,805
Caitlin Pearce————$67,678

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Advocates for independent workers through education, services, and new model development.

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Provided by the organization

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2 programs · $871K · in their own filed words · FY2024
01

Portable Benefits Network

Maintain discretionary group status and link uninsured independent and low-income workers to an innovative social safety net of insurance benefits (health, life and disability and other traditional workplace benefits) not previously available to freelancers as they move from job to job.

$535Kprogram expense
02

Education and advocacy provides practical information and broad range of resources to independent workers, policymakers, media and the public, including workshops and referrals for independent workers on the legal and tax considerations of working independently, policy updates to freelancers and policymakers, and research and analysis to…

$336Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$938K
Other incomeLn 4–11$496K
Gifts and grantsLn 1h$45K
Money outPt IX
$1.4M
Ln 25
Programscol B$871K
Managementcol C$467K
Fundraisingcol D$64K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$924K
Total assetsLn 16$1.6M
LiabilitiesLn 26$335K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$45K
Fees for servicesLn 2g$938K
Other incomeLn 4–11$496K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$924K
Cash and savings togetherLn 1–2$924K
Land, buildings, equipmentLn 10c$79K
Other assetsLn 15$214K
Total assetsLn 16$1.6M
LiabilitiesLn 26$335K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.2M$924K
Land, buildings, equipmentLn 10c$104K$79K
Total assetsLn 16$1.6M$1.6M
LiabilitiesLn 26$345K$335K
Net assetsLn 32$1.2M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$204K$136K$53K$15K
Other salaries and wagesLn 7$355K$237K$93K$26K
Other employee benefitsLn 9$46K$31K$12K$3K
Payroll taxesLn 10$47K$31K$12K$3K
Legal feesLn 11b$1K$0$1K$0
Accounting feesLn 11c$126K$0$126K$0
Lobbying feesLn 11d$36K$0$36K$0
Other fees for servicesLn 11g$52K$35K$14K$4K
Advertising and promotionLn 12$67K$45K$18K$5K
Office expensesLn 13$45K$31K$11K$3K
Information technologyLn 14$68K$56K$9K$3K
OccupancyLn 16$149K$99K$50K$0
TravelLn 17$33K$22K$9K$2K
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$3K$2K$693$190
InsuranceLn 23$67K$44K$22K$0
Other expenses (24a–d)Ln 24$103K$102K$1K$315
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$1.4M$871K$467K$64K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.5M$1.4M$78K$1.3M 990 PDF
FY2023 $1.4M$1.2M$168K$1.2M 990 PDF
FY2022 $1.1M$970K$176K−$3.0M 990 PDF
FY2021 $1.4M$769K$670K−$3.2M 990 PDF
FY2020 $932K$809K$123K−$3.0M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,479,764 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,000$45,000
I-9 Program service revenuePrior year $0$938,429
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $1,388,799$496,335
I-12 Total revenuePrior year $1,393,799$1,479,764
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $524,672$652,424
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $701,318$749,047
I-18 Total expensesPrior year $1,225,990$1,401,471
I-19 Revenue less expensesPrior year $167,809$78,293
Part VI · Governance 4 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,479,764 across 6 lines filed
VIII-1f All other contributions, gifts and grants$45,000
VIII-1h Total contributions, gifts and grants$45,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $938,429 · Unrelated business $0 · Excluded from tax $0$938,429
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $496,335 · Unrelated business $0 · Excluded from tax $0$496,335
VIII-12 Total revenueRelated to mission $1,434,764 · Unrelated business $0 · Excluded from tax $0$1,479,764
Part IX · Statement of functional expenses $1,401,471 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $135,609 · Management $53,348 · Fundraising $14,660$203,617
IX-7 Other salaries and wagesPrograms $236,686 · Management $93,111 · Fundraising $25,588$355,385
IX-9 Other employee benefitsPrograms $30,860 · Management $12,140 · Fundraising $3,336$46,336
IX-10 Payroll taxesPrograms $31,359 · Management $12,337 · Fundraising $3,390$47,086
IX-11b Legal feesPrograms $0 · Management $1,278 · Fundraising $0$1,278
IX-11c Accounting feesPrograms $0 · Management $125,574 · Fundraising $0$125,574
IX-11d Lobbying feesPrograms $0 · Management $35,500 · Fundraising $0$35,500
IX-11g Other fees for servicesPrograms $34,830 · Management $13,702 · Fundraising $3,765$52,297
IX-12 Advertising and promotionPrograms $44,743 · Management $17,601 · Fundraising $4,837$67,181
IX-13 Office expensesPrograms $31,467 · Management $10,559 · Fundraising $2,519$44,545
IX-14 Information technologyPrograms $55,734 · Management $9,432 · Fundraising $2,592$67,758
IX-16 OccupancyPrograms $99,233 · Management $49,766 · Fundraising $0$148,999
IX-17 TravelPrograms $22,160 · Management $8,718 · Fundraising $2,396$33,274
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $1,762 · Management $693 · Fundraising $190$2,645
IX-23 InsurancePrograms $44,304 · Management $22,219 · Fundraising $0$66,523
IX-24 Other expenses (24a–d)Programs $102,016 · Management $1,142 · Fundraising $315$103,473
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $870,763 · Management $467,120 · Fundraising $63,588$1,401,471
Part X · Balance sheet $1,609,247 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,162,454$923,894
X-4 Accounts receivableStart of year $244,653$347,439
X-9 Prepaid expenses and deferred chargesStart of year $75,921$44,712
X-10c Land, buildings and equipment, netStart of year $103,820$78,761
X-15 Other assetsStart of year $0$214,441
X-16 Total assetsStart of year $1,586,848$1,609,247
X-17 Accounts payable and accrued expensesStart of year $167,211$79,205
X-19 Deferred revenueStart of year $177,605$255,351
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $344,816$334,556
X-27 Net assets without donor restrictionsStart of year $1,242,032$1,274,691
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,242,032$1,274,691
X-33 Total liabilities and net assetsStart of year $1,586,848$1,609,247
Part XI · Reconciliation of net assets $1,274,691 net assets at year end
XI-1 Total revenue$1,479,764
XI-2 Total expenses$1,401,471
XI-3 Revenue less expenses$78,293
XI-4 Net assets at start of year$1,242,032
XI-8 Prior period adjustments−$45,634
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,274,691

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

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