Make the Road Action Fund INC

Not tax-deductible

Brooklyn, NY501(c)(4)Since 2009Civil Rights & AdvocacyEIN 27-1408443Revenue $11.8M in FY2024

On file with the IRSmaketheroadactionfund.org301 Grove Street, 11237-5664 · Brooklyn, NYTax-exempt since Dec 2019

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Make the Road Action works to build political power rooted in working class latino communities, promote policy solutions that improve the lives of all people, and strengthen the movement for justice through electoral and grassroots organizing to advance progressive political and policy change.

97¢ of each $1 spent went to programs.
Run by 500 volunteers and 112 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

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
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
5 of 6
filings with a surplus
Average surplus $866K a year · 17% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$15K
to officers and key staff · 0.1% of spending
Top officer’s pay lower than 99% of similar orgs
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
26
named funders · $7.8M
Looks good: 26 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4.4M
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.8M
+173% vs prior year
Spent
$11.2M
To programs
97%
Net assets
$4.8M
By yearFY2019–FY2024
Revenue
$11.8M
FY2024▲ +173%
Tap a bar for its year
Revenue by fiscal year
FY2019$918K
FY2020$5.1M
FY2021$2.3M
FY2022$6.0M
FY2023$4.3M
FY2024$11.8M
Expenses
$11.2M
FY2024▲ +239%
Tap a bar for its year
Expenses by fiscal year
FY2019$1.2M
FY2020$2.7M
FY2021$1.6M
FY2022$5.2M
FY2023$3.3M
FY2024$11.2M
Net assets
$4.8M
FY2024▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2019−$100K
FY2020$2.3M
FY2021$3.0M
FY2022$3.3M
FY2023$4.2M
FY2024$4.8M

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

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Is it real?

Yes. Revoked May 2012, reinstated. IRS ruling Dec 2019, per the IRS master file. Latest filing on record: FY2024. IRS ruling in Dec 2019.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $11.0M Management & general 3% · $286K

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

9 people listed on the 990; $15K paid to officers and key staff.

Part VII, Section A · reportable compensation
Co-Exec Dire
$15,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Theo Oshiro’s $15K as Co-Exec Dire is at the 1st percentile of top reported officer pay among 129 $10–100M civil rights & advocacy 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.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Meagan Llerena—$64,430$54,096———
Daniel Altschuler—$42,704$39,314$15,000$10,000—
Theo Oshiro$15,000$8,619$22,963$15,000$15,000—
Deborah Axt—————$15,416
Javier Valdes—————$15,000

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.

See Make the Road Action Fund 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds political power in Latino communities, advocating for policies that improve lives and advance justice.

Provided by the organization

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1 program · $11.0M · in their own filed words · FY2024
01

Make the road action conducts grassroots organizing and leadership development alongside working class latino communities to promote policy solutions that improve the lives of low-income people.

$11.0Mprogram expense

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
See all 26 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$11.8M
Ln 12
Gifts and grantsLn 1h$11.7M
Investment incomeLn 3$141K
Other incomeLn 4–11$3K
Money outPt IX
$11.2M
Ln 25
Programscol B$11.0M
Managementcol C$286K
Owns and owesPt X
$4.8M
net assets · Ln 32
Cash and savingsLn 1–2$5.3M
Total assetsLn 16$9.3M
LiabilitiesLn 26$4.4M
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11.7M
Investment incomeLn 3$141K
Other incomeLn 4–11$3K
Total revenueLn 12$11.8M
Assets in detailPt X, end of year
CashLn 1$4.2M
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$5.3M
InvestmentsLn 11–13$2.0M
Total assetsLn 16$9.3M
LiabilitiesLn 26$4.4M
Net assetsLn 32$4.8M
OperationsPt I, VI
EmployeesI 5112
VolunteersI 6500
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$1.9M$5.3M
InvestmentsLn 11–13$2.0M$2.0M
Total assetsLn 16$5.9M$9.3M
LiabilitiesLn 26$1.6M$4.4M
Net assetsLn 32$4.2M$4.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$15K$15K
Other salaries and wagesLn 7$7.2M$7.2M$65K
Other employee benefitsLn 9$697K$680K$17K
Payroll taxesLn 10$438K$427K$10K
Accounting feesLn 11c$39K$25K$13K
Other fees for servicesLn 11g$369K$369K
Advertising and promotionLn 12$268K$268K
Office expensesLn 13$555K$522K$33K
Information technologyLn 14$74K$68K$7K
OccupancyLn 16$165K$147K$18K
TravelLn 17$238K$237K$946
InsuranceLn 23$18K$11K$7K
Other expenses (24a–d)Ln 24$1.1M$1.0M$100K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$11.2M$11.0M$286K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $11.8M$11.2M$599K$4.8M 990 PDF
FY2023 $4.3M$3.3M$1.0M$4.2M 990 PDF
FY2022 $6.0M$5.2M$783K$3.3M 990 PDF
FY2021 $2.3M$1.6M$694K$3.0M 990 PDF
FY2020 $5.1M$2.7M$2.4M$2.3M 990 PDF
FY2019 $918K$1.2M−$308K−$100K 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 (6 parts)
Part I · Summary $11,842,098 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,780,678$11,697,932
I-9 Program service revenuePrior year $415,797$0
I-10 Investment incomePrior year $138,009$141,206
I-11 Other revenue$2,960
I-12 Total revenuePrior year $4,334,484$11,842,098
I-13 Grants and similar amounts paidPrior year $3,308$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,297,700$8,397,651
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,019,162$2,845,211
I-18 Total expensesPrior year $3,320,170$11,242,862
I-19 Revenue less expensesPrior year $1,014,314$599,236
Part VI · Governance 8 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $11,842,098 across 6 lines filed
VIII-1b Membership dues$32,375
VIII-1f All other contributions, gifts and grants$11,665,557
VIII-1h Total contributions, gifts and grants$11,697,932
VIII-3 Investment incomeRelated to mission $141,206$141,206
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,960$2,960
VIII-12 Total revenueRelated to mission $144,166$11,842,098
Part IX · Statement of functional expenses $11,242,862 across 14 lines filed
IX-5 Pay of current officers, directors and key staffManagement $15,000$15,000
IX-7 Other salaries and wagesPrograms $7,182,791 · Management $65,000$7,247,791
IX-9 Other employee benefitsPrograms $680,250 · Management $16,656$696,906
IX-10 Payroll taxesPrograms $427,487 · Management $10,467$437,954
IX-11c Accounting feesPrograms $25,279 · Management $13,244$38,523
IX-11g Other fees for servicesPrograms $368,646$368,646
IX-12 Advertising and promotionPrograms $267,733$267,733
IX-13 Office expensesPrograms $522,103 · Management $33,328$555,431
IX-14 Information technologyPrograms $67,650 · Management $6,523$74,173
IX-16 OccupancyPrograms $146,803 · Management $17,738$164,541
IX-17 TravelPrograms $236,844 · Management $946$237,790
IX-23 InsurancePrograms $10,944 · Management $7,307$18,251
IX-24 Other expenses (24a–d)Programs $1,017,050 · Management $99,704$1,116,754
IX-24e All other expensesPrograms $3,369$3,369
IX-25 Total functional expensesPrograms $10,956,949 · Management $285,913 · Fundraising $0$11,242,862
Part X · Balance sheet $9,259,093 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,871,115$4,177,887
X-2 Savings and temporary cash investments$1,151,352
X-4 Accounts receivableStart of year $2,033,156$1,935,128
X-11 Publicly traded securitiesStart of year $570,656$586,963
X-12 Other securitiesStart of year $1,388,002$1,407,763
X-16 Total assetsStart of year $5,862,929$9,259,093
X-17 Accounts payable and accrued expensesStart of year $1,640,096$4,437,024
X-26 Total liabilitiesStart of year $1,640,096$4,437,024
X-27 Net assets without donor restrictionsStart of year $2,757,833$3,429,500
X-28 Net assets with donor restrictionsStart of year $1,465,000$1,392,569
X-32 Total net assets or fund balancesStart of year $4,222,833$4,822,069
X-33 Total liabilities and net assetsStart of year $5,862,929$9,259,093
Part XI · Reconciliation of net assets $4,822,069 net assets at year end
XI-1 Total revenue$11,842,098
XI-2 Total expenses$11,242,862
XI-3 Revenue less expenses$599,236
XI-4 Net assets at start of year$4,222,833
XI-10 Net assets at end of year$4,822,069

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

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