Netroots Foundation FY2022 filing

Kansas City, MO · Public charity (501(c)(3)) · Since 2007 · Unclassified

✓ Tax-deductible
Revenue
$404K
+201% vs prior year
Spent
$480K
To programs
88%
Net assets
$40K
By yearFY2019–FY2024
Revenue
$404K
FY2022▲ +201%
Revenue by fiscal year
FY2019$813K
FY2020$389K
FY2021$134K
FY2022$404K
FY2023$435K
FY2024$603K
FY2024$648K
Expenses
$480K
FY2022▲ +207%
Expenses by fiscal year
FY2019$678K
FY2020$618K
FY2021$156K
FY2022$480K
FY2023$362K
FY2024$488K
FY2024$550K
Net assets
$40K
FY2022▼ -65%
Net assets by fiscal year
FY2019$366K
FY2020$137K
FY2021$115K
FY2022$40K
FY2023$125K
FY2024$245K
FY2024$304K

From the FY2022 Form 990 (year ending September 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CNetroots Foundation
EINHdr · item D20-8672843
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 2008
Year of formationHdr · item L2007
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CKansas City, MO
NTEE classificationIRS BMFUnclassified (Z99)
WebsiteHdr · item Jwww.netrootsfoundation.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.09 Fundraising $0.03
Program services88%$421K
Management & general9%$42K
Fundraising3%$16K
Total functional expensesLn 25$480K

Financial health

Is it on solid ground?

Program efficiency
88%
of spending reaches programs
Operating runway
1.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-19%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$40K
FY2022▼ -65%
Total assets by fiscal year
FY2019$366K
FY2020$137K
FY2021$115K
FY2022$40K
FY2023$125K
FY2024$245K
FY2024$304K
Total liabilities
$0
FY2022
Total liabilities by fiscal year
FY2019$0
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
FY2024$0
Revenue less expensesPt I · Ln 19−$75K
Total assetsPt X · Ln 16$40K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$40K
Total assetsLn 16$40K
Total liabilitiesLn 26$0
Total net assetsLn 32$40K
Months of cash on handcomputed1.0

Statement of Revenue

Part VIII
Contributions & grants$327K · 81%
Program service revenue$77K · 19%
Contributions & grants81%$327K
Program service revenue19%$77K
Total revenueLn 12$404K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $40K · Operating expenses/yr $480K
1.0 months
Where the money goes
Program services
Program services $421K · Total expenses $480K
88%
Management & General
Management & general $42K · Total expenses $480K
9%
Fundraising
Fundraising $16K · Total expenses $480K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $12K · Solicited contributions (3-yr avg) $239K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $327K · Total revenue $404K
81%
Government reliance
Government grants — · Total revenue $404K
—
Earned-income share
Program service revenue $77K · Total revenue $404K
19%
Investment reliance
Investment income $0 · Total revenue $404K
0%
Program self-sufficiency
Program service revenue $77K · Total expenses $480K
16%
Growth & trend
Revenue growth (YoY)
This year $404K · Prior year $134K
+201%
Net-asset trend (YoY)
End of year $40K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $404K · Expenses $480K
-19%
Liabilities-to-Assets
Total liabilities — · Total assets $40K
—
Net-asset ratio
Net assets $40K · Total assets $40K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $40K
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 $480K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $60K · Total expenses $480K
13%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 9%——
Fundraising cost ratio 5%——
Revenue growth 201%——
Accounting fee ratio 0.7%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 7Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Connects online citizens to advance justice, equality, and community in national politics.

Provided by the organization

This section is blank until Netroots Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $421K of program spending, described in the organization's own filed words · FY2021.
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…

$381Kprogram 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.

$41Kprogram 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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Funders

Who pays for it.

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

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 →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $603K$488K+39% 990 PDF
FY2023 $435K$362K+8% 990 PDF
FY2022 Viewing $404K$480K+201% 990 PDF
FY2021 $134K$156K-65% 990 PDF
FY2020 $389K$618K-52% 990 PDF
FY2019 $813K$678K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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