Netroots Foundation EIN 20-8672843

Netroots Foundation

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Connects online citizens to advance justice, equality, and community in national politics. For fiscal year 2024 it reported $603K in revenue, $488K in expenses, and $245K in net assets.Pt I

Type
Public charity (501(c)(3)) · Unclassified
Location
Kansas City, MO
Website
www.netrootsfoundation.org
Filings
6 on file (2019–2024)
Revenue
$603KFY2024
Expenses
$488K
Net assets
$245K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-8672843 Public charity (501(c)(3)) Kansas City, MO
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects online citizens to advance justice, equality, and community in national politics.
Leadership
Eric Thut · Executive Di
Money in and out
$603K revenue, $488K expenses
Bottom line
73% program efficiency
Where the money goes · FY2024
Total revenue
$603K
Pt VIII · Ln 12
Total expenses
$488K
Pt IX · Ln 25
Net assets
$245K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $115K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.19 Fundraising $0.08
Program efficiency
73%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
6.0mo
months of highly liquid reserves at operating expense rate▲ +43% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▲ +13% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$603K
FY2024▲ +39%
Expenses
$488K
FY2024▲ +35%
Total assets
$245K
FY2024▲ +96%
Total liabilities
$0
FY2024
Total revenue
$603K
Pt VIII · Ln 12
Total expenses
$488K
Pt IX · Ln 25
Net assets
$245K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$115K
Total assetsPt X · Ln 16$245K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $358K of program spending, described in the organization's own filed words · FY2023.
01

The netroots nation convention an annual convention gathering people from all walks of life who belong to the netroots, the us-based (but globally focused and inclusive) non- partisan grassroots community that uses the internet and blogs as primary tools for expressing viewpoints; building consensus; acting to change the status quo…

$355Kprogram expense
02

New media mentors launched in january 2011, new media mentors is an intensive learning and capacity-building opportunity to help progressive non-profits use social media and online organizing tools more effectively.

$3Kprogram expense
03

Bootstraps bootstraps is a project to provide a universal basic income for various americans and document the impact of receiving consistent funds has on their lives. 22 different people participated in this project.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNetroots Foundation
EINHdr · item D20-8672843
Principal addressHdr · item CKansas City, MO
WebsiteHdr · item Jwww.netrootsfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99)
Ruling yearIRS BMFOct 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Di
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Netroots Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$491K · 81%
Program service revenue$112K · 19%
Contributions & grants81%$491K
Program service revenue19%$112K
Total revenueLn 12$603K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.19 Fundraising $0.08
Program services73%$358K
Management & general19%$93K
Fundraising8%$37K
Total functional expensesLn 25$488K

Balance Sheet

Part X · end of year
CashLn 1$245K
Total assetsLn 16$245K
Total liabilitiesLn 26$0
Total net assetsLn 32$245K
Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $245K · Operating expenses/yr $488K
6.0 months
Where the money goes
Program services
Program services $358K · Total expenses $488K
73%
Management & General
Management & general $93K · Total expenses $488K
19%
Fundraising
Fundraising $37K · Total expenses $488K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $29K · Solicited contributions (3-yr avg) $404K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $491K · Total revenue $603K
81%
Government reliance
Government grants — · Total revenue $603K
Earned-income share
Program service revenue $112K · Total revenue $603K
19%
Investment reliance
Investment income $0 · Total revenue $603K
0%
Program self-sufficiency
Program service revenue $112K · Total expenses $488K
23%
Growth & trend
Revenue growth (YoY)
This year $603K · Prior year $435K
+39%
Revenue CAGR
FY2018 $813K · FY2023 $603K
-6%
Net-asset trend (YoY)
End of year $245K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $603K · Expenses $488K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $245K
Net-asset ratio
Net assets $245K · Total assets $245K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $245K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Eric Thut · Reported title EXECUTIVE DI · Highest reported compensation $0 · Total expenses $488K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $488K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 19%
Fundraising cost ratio 7%
Revenue growth 39%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Windward FundFY2024$150K
Ford FoundationFY2024$50K
Way to RiseFY2024$25K
Total grants receivedfrom 10 funders$411K
See all 10 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$603K revenue · viewing · ⤓ 990 PDF
FY2023$435K revenue · ⤓ 990 PDF
FY2022$404K revenue · ⤓ 990 PDF
FY2021$134K revenue · ⤓ 990 PDF
FY2020$389K revenue · ⤓ 990 PDF
FY2019$813K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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