Just capital's mission is to build a more Just economy that works for all americans by helping companies improve how they serve all their stakeholders - workers, customers, communities, the environment, and shareholders - as defined by the public.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Run by 31 volunteers and 46 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $1.0M a year · 8% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 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
$2.7M
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.0M
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 22 voting members
Looks good: 21 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.0M
-7% vs prior year
Spent
$11.4M
To programs
76%
Net assets
$2.2M
By yearFY2020–FY2025
Revenue
$11.0M
FY2025▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$16.5M
FY2021$11.1M
FY2022$12.4M
FY2023$10.4M
FY2024$11.8M
FY2025$11.0M
Expenses
$11.4M
FY2025▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.3M
FY2021$11.0M
FY2022$12.1M
FY2023$12.5M
FY2024$10.7M
FY2025$11.4M
Net assets
$2.2M
FY2025▼ -17%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.2M
FY2021$3.4M
FY2022$3.7M
FY2023$1.5M
FY2024$2.6M
FY2025$2.2M

From the FY2025 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: FY2025. IRS ruling in Dec 2014.

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% · $8.6M Management & general 13% · $1.5M Fundraising 11% · $1.3M

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

39 people listed on the 990; $2.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO, President
$725,330Pt VII · Sec A
President (until October 2025)
$352,005Pt VII · Sec A
Chief Technology Officer
$284,410Pt VII · Sec A
Chief Impact Officer
$245,830Pt VII · Sec A
Managing Director of Data
$209,290Pt VII · Sec A
Sen. Dir. Quant Res & Analytics
$193,390Pt VII · Sec A
MD Survey Res. & Insights
$183,890Pt VII · Sec A
Sen. Dir., Fin and Operation
$170,645Pt VII · Sec A

Martin Whittaker’s $725K as CEO, President is at the 90th percentile of top reported officer pay among 41 $10–100M social science 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Martin Whittaker$725,330$650,360$700,440$800,485$800,100$775,000
Alison Omens$352,005$295,970$280,940$281,670$270,100$233,670
Mohammad Tahir Khan$284,410$262,240$266,940$267,920$271,350$263,259
Teresa Yung—$281,387$264,764$265,010$251,150$220,488
Robert Marsh——$263,525$257,860$240,850$229,000
Shane Khan———$260,520$192,148—
Michelle Mullineaux——$256,440$260,360$237,700$207,119
Tolu Lawrence$245,830$232,400$222,275———

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

Helps companies improve how they serve workers, customers, communities, the environment, and shareholders.

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Provided by the organization

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1 program · $8.6M · in their own filed words · FY2025
01

Our insight is independent, comprehensive, and grounded in evidence. It helps leaders move beyond backward-looking assessments toward forward-looking decisions that balance performance, risk, and responsibility.

$8.6Mprogram expense

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 · FY2025
Total grants receivedfrom 1 funder$50K
Grants paid · 15 grants · $1.8M · 2021–2025
Financial Health Network INCIL · FY2025$100,000
Financial Health Network INCIL · FY2024$325,000
Jobs for the Future INCMA · FY2024$175,000
Good Jobs InstituteMA · FY2024$25,000
Tides CenterCA · FY2022$139,616
Financial Health Network INCIL · FY2022$58,000
Good Jobs InstituteMA · FY2022$38,000
Financial Health Network INCIL · FY2021$281,000
B Lab CompanyPA · FY2021$272,206
Good Jobs InstituteMA · FY2021$159,000
B Team Headquarters INCNY · FY2021$155,502
Conscious Capitalism INCCO · FY2021$20,000
Common FutureCA · FY2021$20,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$11.0M
Ln 12
Gifts and grantsLn 1h$10.7M
Fees for servicesLn 2g$502K
Investment incomeLn 3$147
Money outPt IX
$11.4M
Ln 25
Programscol B$8.6M
Managementcol C$1.5M
Fundraisingcol D$1.3M
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$4.2M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
39
listed · VII A
PaidVII A10
Voting boardVI 1a22
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.7M
Fundraising eventsLn 1c$958K
Fees for servicesLn 2g$502K
Investment incomeLn 3$147
Total revenueLn 12$11.0M
Assets in detailPt X, end of year
CashLn 1$12K
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$2.0M
Land, buildings, equipmentLn 10c$12K
Other assetsLn 15$940K
Total assetsLn 16$4.2M
LiabilitiesLn 26$2.0M
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 546
VolunteersI 631
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.7M$2.0M
Land, buildings, equipmentLn 10c$17K$12K
Total assetsLn 16$5.0M$4.2M
LiabilitiesLn 26$2.4M$2.0M
Net assetsLn 32$2.6M$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$112K$112K
Pay of current officers, directors and key staffLn 5$2.2M$1.3M$503K$298K
Other salaries and wagesLn 7$4.0M$3.2M$415K$432K
Pension plan contributionsLn 8$120K$92K$14K$14K
Other employee benefitsLn 9$1.1M$789K$136K$137K
Payroll taxesLn 10$443K$320K$68K$54K
Legal feesLn 11b$22K$22K
Accounting feesLn 11c$41K$41K
Other fees for servicesLn 11g$1.6M$1.4M$144K$114K
Advertising and promotionLn 12$29K$29K
Office expensesLn 13$38K$29K$5K$4K
Information technologyLn 14$598K$521K$61K$15K
OccupancyLn 16$620K$481K$78K$62K
TravelLn 17$80K$49K$11K$20K
Conferences, conventions and meetingsLn 19$270K$202K$408$67K
Depreciation, depletion and amortizationLn 22$45K$35K$6K$4K
InsuranceLn 23$41K$32K$5K$4K
Other expenses (24a–d)Ln 24$91K$55K$9K$27K
Total functional expensesLn 25$11.4M$8.6M$1.5M$1.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $11.0M$11.4M−$462K$2.2M 990 PDF
FY2024 $11.8M$10.7M$1.1M$2.6M 990 PDF
FY2023 $10.4M$12.5M−$2.2M$1.5M 990 PDF
FY2022 $12.4M$12.1M$278K$3.7M 990 PDF
FY2021 $11.1M$11.0M$177K$3.4M 990 PDF
FY2020 $16.5M$9.3M$7.2M$3.2M 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 FY2025 990 (6 parts)
Part I · Summary $10,953,584 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,041,028$10,699,134
I-9 Program service revenuePrior year $680,764$501,583
I-10 Investment incomePrior year $7,075$147
I-11 Other revenuePrior year $79,655−$247,280
I-12 Total revenuePrior year $11,808,522$10,953,584
I-13 Grants and similar amounts paidPrior year $525,000$112,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,856,227$7,818,880
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,284,399$3,484,043
I-18 Total expensesPrior year $10,665,626$11,415,423
I-19 Revenue less expensesPrior year $1,142,896−$461,839
Part VI · Governance 21 of 22 board members independent, 1 to look at
VI-1a Voting members of the governing body22
VI-1b Independent voting members21
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,953,584 across 9 lines filed
Lines not itemized here account for $16,781 of total revenue; see the IRS return.
VIII-1c Fundraising events$957,767
VIII-1f All other contributions, gifts and grants$9,741,367
VIII-1h Total contributions, gifts and grants$10,699,134
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $484,802$484,802
VIII-3 Investment incomeExcluded from tax $147$147
VIII-6 Net rental income or lossExcluded from tax $23,250$23,250
VIII-8 Net income from fundraising eventsExcluded from tax −$272,988−$272,988
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,458$2,458
VIII-12 Total revenueRelated to mission $504,041 · Unrelated business $0 · Excluded from tax −$249,591$10,953,584
Part IX · Statement of functional expenses $11,415,423 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $112,500$112,500
IX-5 Pay of current officers, directors and key staffPrograms $1,349,972 · Management $503,468 · Fundraising $298,180$2,151,620
IX-7 Other salaries and wagesPrograms $3,195,854 · Management $414,957 · Fundraising $431,746$4,042,557
IX-8 Pension plan contributionsPrograms $91,965 · Management $13,794 · Fundraising $14,158$119,917
IX-9 Other employee benefitsPrograms $788,682 · Management $135,960 · Fundraising $137,453$1,062,095
IX-10 Payroll taxesPrograms $320,331 · Management $67,977 · Fundraising $54,383$442,691
IX-11b Legal feesManagement $21,509$21,509
IX-11c Accounting feesManagement $40,600$40,600
IX-11g Other fees for servicesPrograms $1,351,446 · Management $144,174 · Fundraising $114,229$1,609,849
IX-12 Advertising and promotionPrograms $29,435$29,435
IX-13 Office expensesPrograms $29,070 · Management $4,704 · Fundraising $3,738$37,512
IX-14 Information technologyPrograms $521,180 · Management $61,439 · Fundraising $15,230$597,849
IX-16 OccupancyPrograms $480,763 · Management $77,787 · Fundraising $61,814$620,364
IX-17 TravelPrograms $49,398 · Management $11,050 · Fundraising $20,024$80,472
IX-19 Conferences, conventions and meetingsPrograms $202,166 · Management $408 · Fundraising $67,133$269,707
IX-22 Depreciation, depletion and amortizationPrograms $34,782 · Management $5,627 · Fundraising $4,472$44,881
IX-23 InsurancePrograms $31,842 · Management $5,376 · Fundraising $4,135$41,353
IX-24 Other expenses (24a–d)Programs $54,839 · Management $8,650 · Fundraising $27,023$90,512
IX-25 Total functional expensesPrograms $8,644,225 · Management $1,517,480 · Fundraising $1,253,718$11,415,423
Part X · Balance sheet $4,161,633 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $12,434$11,687
X-2 Savings and temporary cash investmentsStart of year $1,716,909$2,011,757
X-3 Pledges and grants receivableStart of year $1,277,861$758,651
X-4 Accounts receivableStart of year $204,018$108,981
X-9 Prepaid expenses and deferred chargesStart of year $251,933$221,592
X-10c Land, buildings and equipment, netStart of year $17,258$12,377
X-14 Intangible assetsStart of year $136,667$96,667
X-15 Other assetsStart of year $1,402,441$939,921
X-16 Total assetsStart of year $5,019,521$4,161,633
X-17 Accounts payable and accrued expensesStart of year $301,679$321,651
X-19 Deferred revenueStart of year $362,129$682,113
X-25 Other liabilitiesStart of year $1,515,684$979,679
X-26 Total liabilitiesStart of year $2,379,492$1,983,443
X-27 Net assets without donor restrictionsStart of year $76,432$97,313
X-28 Net assets with donor restrictionsStart of year $2,563,597$2,080,877
X-32 Total net assets or fund balancesStart of year $2,640,029$2,178,190
X-33 Total liabilities and net assetsStart of year $5,019,521$4,161,633
Part XI · Reconciliation of net assets $2,178,190 net assets at year end
XI-1 Total revenue$10,953,584
XI-2 Total expenses$11,415,423
XI-3 Revenue less expenses−$461,839
XI-4 Net assets at start of year$2,640,029
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,178,190

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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