Progressive Multiplier Action Fund: Nonprofit Profile, Financials & Form 990 (EIN 83-3190176)

Revenue by fiscal year
FY2020	$284K
FY2021	$163K
FY2022	$214K
FY2023	$260K
FY2024	$319K
FY2025	$74K

Expenses by fiscal year
FY2020	$620K
FY2021	$282K
FY2022	$202K
FY2023	$277K
FY2024	$110K
FY2025	$190K

Net assets by fiscal year
FY2020	$284K
FY2021	$165K
FY2022	$177K
FY2023	$159K
FY2024	$369K
FY2025	$252K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2020.

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

Where the money goes

68 cents of each dollar spent went to programs.

68%

22%

Program services 68% · $130K Management & general 22% · $42K Fundraising 10% · $18K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII

Lea Madry

Board President

$0Pt VII · Sec A

Jen Matheson

Board Treasurer

$0Pt VII · Sec A

Pretiss Haney

Board Secretary

$0Pt VII · Sec A

Margaret Huang

Board Member

$0Pt VII · Sec A

Andrea Serrano

Board Member

$0Pt VII · Sec A

Bethany Maki

Executive Director

$0Pt VII · Sec A

Polly Stamatopoulos

Senior Director (until 1/25)

$0Pt VII · Sec A

Valeria Sosa Garnica

Senior Director

$0Pt VII · Sec A

See Progressive Multiplier Action Fund 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 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds revenue projects for progressive groups and shares fundraising knowledge.

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Provided by the organization

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1 program · $130K · in their own filed words · FY2024

01

Financing revenue generation projects for organizations and sharing fundraising knowledge gained.

$130Kprogram 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 · FY2024

The David Rockefeller Fund INCFY2024$75K

Total grants receivedfrom 1 funder$75K

Grants paid · 30 grants · $579K · 2019–2024

Naya Action FundOR · FY2024$5,350

Oneamerica VotesWA · FY2024$5,350

Imagine BlackOR · FY2024$5,350

Latino Network Action FundOR · FY2024$5,350

New Progressive Network INCOR · FY2024$5,350

Accion Politica Pcunista DBA PcunOR · FY2024$5,350

Imagine BlackOR · FY2022$11,025

Oneamerica VotesWA · FY2022$10,000

Naya Action FundOR · FY2022$7,875

United Oregan ActionOR · FY2022$6,300

Unite Oregon ActionOR · FY2021$20,000

National Immigration Law CenterCA · FY2020$30,594

RepowerMN · FY2020$25,000

Marked by CovidCA · FY2020$25,000

Accelerate Action INCMA · FY2019$100,000

Clean Water ActionMI · FY2019$77,870

Jobs with Justice Education FundDC · FY2019$35,000

Faith in Action NetworkCA · FY2019$25,000

See all 30 grants →

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$74K

Ln 12

Fees for servicesLn 2g$73K

Investment incomeLn 3$831

Other incomeLn 4–11$250

Money outPt IX

$190K

Ln 25

Programscol B$130K

Managementcol C$42K

Fundraisingcol D$18K

Owns and owesPt X

$252K

net assets · Ln 32

Cash and savingsLn 1–2$259K

Total assetsLn 16$264K

LiabilitiesLn 26$12K

PeoplePt VI, VII

10

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$73K

Investment incomeLn 3$831

Other incomeLn 4–11$250

Total revenueLn 12$74K

Assets in detailPt X, end of year

CashLn 1$189K

SavingsLn 2$70K

Cash and savings togetherLn 1–2$259K

Other assetsLn 15$0

Total assetsLn 16$264K

LiabilitiesLn 26$12K

Net assetsLn 32$252K

OperationsPt I, VI

EmployeesI 50

VolunteersI 67

Fiscal year endsHeaderJune

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

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$116K	$259K
Total assetsLn 16	$371K	$264K
LiabilitiesLn 26	$3K	$12K
Net assetsLn 32	$369K	$252K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$32K	$32K
Pay of current officers, directors and key staffLn 5	$24K	$5K	$8K	$11K
Other salaries and wagesLn 7	$63K	$62K	$40	$952
Pension plan contributionsLn 8	$5K	$4K	$365	$439
Other employee benefitsLn 9	$13K	$10K	$1K	$2K
Payroll taxesLn 10	$9K	$7K	$849	$1K
Legal feesLn 11b	$198		$198
Accounting feesLn 11c	$19K		$19K
Other fees for servicesLn 11g	$4K	$2K	$2K	$670
Advertising and promotionLn 12	$46		$40	$6
Office expensesLn 13	$113		$113
Information technologyLn 14	$16K	$8K	$8K
TravelLn 17	$940		$940
Conferences, conventions and meetingsLn 19	$385		$44	$341
InsuranceLn 23	$360		$360
Other expenses (24a–d)Ln 24	$2K	$103	$329	$2K
All other expensesLn 24e	$7		$7
Total functional expensesLn 25	$190K	$130K	$42K	$18K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest Viewing	$74K	$190K	−$117K	$252K	990 PDF
FY2024	$319K	$110K	$209K	$369K	990 PDF
FY2023	$260K	$277K	−$17K	$159K	990 PDF
FY2022	$214K	$202K	$12K	$177K	990 PDF
FY2021	$163K	$282K	−$119K	$165K	990 PDF
FY2020	$284K	$620K	−$336K	$284K	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 O · Explanations

See the full FY2025 990 (6 parts)

Part I · Summary $73,721 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $299,500$0

I-9 Program service revenuePrior year $18,750$72,640

I-10 Investment incomePrior year $967$831

I-11 Other revenuePrior year $0$250

I-12 Total revenuePrior year $319,217$73,721

I-13 Grants and similar amounts paidPrior year $0$32,100

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $57,649$114,674

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $52,400$43,481

I-18 Total expensesPrior year $110,049$190,255

I-19 Revenue less expensesPrior year $209,168−$116,534

Part VI · Governance 5 of 5 board members independent, 1 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members5

VI-15a Process for setting top official's payNo

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

Part VIII · Statement of revenue $73,721 across 4 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $72,640$72,640

VIII-3 Investment incomeExcluded from tax $831$831

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $250$250

VIII-12 Total revenueRelated to mission $72,640 · Unrelated business $0 · Excluded from tax $1,081$73,721

Part IX · Statement of functional expenses $190,255 across 17 lines filed

IX-1 Grants to domestic organizationsPrograms $32,100$32,100

IX-5 Pay of current officers, directors and key staffPrograms $4,822 · Management $8,362 · Fundraising $11,059$24,243

IX-7 Other salaries and wagesPrograms $62,423 · Management $40 · Fundraising $952$63,415

IX-8 Pension plan contributionsPrograms $3,928 · Management $365 · Fundraising $439$4,732

IX-9 Other employee benefitsPrograms $10,308 · Management $1,245 · Fundraising $1,771$13,324

IX-10 Payroll taxesPrograms $6,906 · Management $849 · Fundraising $1,205$8,960

IX-11b Legal feesManagement $198$198

IX-11c Accounting feesManagement $18,916$18,916

IX-11g Other fees for servicesPrograms $1,630 · Management $1,854 · Fundraising $670$4,154

IX-12 Advertising and promotionManagement $40 · Fundraising $6$46

IX-13 Office expensesManagement $113$113

IX-14 Information technologyPrograms $7,672 · Management $8,455$16,127

IX-17 TravelManagement $940$940

IX-19 Conferences, conventions and meetingsManagement $44 · Fundraising $341$385

IX-23 InsuranceManagement $360$360

IX-24 Other expenses (24a–d)Programs $103 · Management $329 · Fundraising $1,803$2,235

IX-24e All other expensesManagement $7$7

IX-25 Total functional expensesPrograms $129,892 · Management $42,117 · Fundraising $18,246$190,255

Part X · Balance sheet $263,550 assets, 13 lines filed

X-1 Cash, non-interest-bearingStart of year $46,750$188,603

X-2 Savings and temporary cash investmentsStart of year $69,616$70,446

X-4 Accounts receivable$3,000

X-9 Prepaid expenses and deferred chargesStart of year $5,644$1,501

X-15 Other assetsStart of year $124,161$0

X-16 Total assetsStart of year $371,171$263,550

X-17 Accounts payable and accrued expensesStart of year $2,588$953

X-25 Other liabilitiesStart of year $0$10,548

X-26 Total liabilitiesStart of year $2,588$11,501

X-27 Net assets without donor restrictionsStart of year $268,583$252,049

X-28 Net assets with donor restrictionsStart of year $100,000$0

X-32 Total net assets or fund balancesStart of year $368,583$252,049

X-33 Total liabilities and net assetsStart of year $371,171$263,550

Part XI · Reconciliation of net assets $252,049 net assets at year end

XI-1 Total revenue$73,721

XI-2 Total expenses$190,255

XI-3 Revenue less expenses−$116,534

XI-4 Net assets at start of year$368,583

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$252,049

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

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Progressive Multiplier Action Fund

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Progressive Multiplier Action Fund

Funders

Grants

Related Organizations

By the numbers

Filing history

Schedules filed Part IV