Majority Forward FY2024 filing

Washington, DCUnknown exempt organizationSince 2019EIN 83-3690373Revenue $127.8M in FY2024

On file with the IRSmajorityforward.com1032 15th Street Nw 247 · Washington, DC

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The organization's mission is to advocate for progressive policies and engaging in nonpartisan voter registration.

95¢ of each $1 spent went to programs.
$265K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
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
2 of 5
filings with a surplus
Average deficit $11.7M a year · 11% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$265K
to officers and key staff · 0.5% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
21 mo
of spending, in cash
Looks good: 20.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5.0M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$90K
0.10% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$127.8M
+4% vs prior year
Spent
$53.5M
To programs
95%
Net assets
$91.8M
By yearFY2021–FY2025
Revenue
$127.8M
FY2024▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2021$104.8M
FY2022$75.2M
FY2023$122.6M
FY2024$127.8M
FY2025$119.6M
Expenses
$53.5M
FY2024▼ -57%
Tap a bar for its year
Expenses by fiscal year
FY2021$165.0M
FY2022$56.6M
FY2023$123.9M
FY2024$53.5M
FY2025$209.7M
Net assets
$91.8M
FY2024▲ +425%
Tap a bar for its year
Net assets by fiscal year
FY2021$108K
FY2022$18.8M
FY2023$17.5M
FY2024$91.8M
FY2025$1.7M

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $50.8M Management & general 5% · $2.4M Fundraising 1% · $311K

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

5 people listed on the 990; $265K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Senior Advisor
$175,000Pt VII · Sec A
$90,000Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021
J B Poersch——$380,000——
Emma Mishel$209,917$175,000———
Tonya Fulkerson——$150,000$150,000$150,000
Rebecca Lambe$90,000$90,000$90,000—$90,000
Karen Hancox———$50,000$50,000

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 Majority Forward 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

Advocates for progressive policies and registers voters to encourage civic participation.

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Provided by the organization

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1 program · $50.8M · in their own filed words · FY2023
01

The organization conducted activities promoting progressive policies and registered voters.

$50.8Mprogram 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
IncaendoFY2025$5.0M
Total grants receivedfrom 1 funder$5.0M
Grants paid · 54 grants · $484.9M · 2020–2024
SmpFY2024$68,000,000
Duty and HonorDC · FY2024$45,650,000
America VotesDC · FY2024$29,350,000
Last Best Place PacFY2024$28,900,000
Forward Action FundNH · FY2024$3,920,000
Voto Latino INCDC · FY2024$250,000
Fight for DemocracyTX · FY2024$200,000
907 InitiativeAK · FY2024$30,000
Duty and HonorDC · FY2023$20,725,000
Last Best Place PacFY2023$12,530,000
SmpFY2023$7,000,000
Duty and CountryFY2023$4,050,000
America VotesDC · FY2023$2,550,000
Nevada AllianceNV · FY2023$250,000
SmpFY2022$53,750,000
America VotesDC · FY2022$40,870,000
Duty and HonorDC · FY2022$7,051,000
See all 54 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$127.8M
Ln 12
Gifts and grantsLn 1h$126.7M
Investment incomeLn 3$1.1M
Money outPt IX
$53.5M
Ln 25
Programscol B$50.8M
Managementcol C$2.4M
Fundraisingcol D$311K
Owns and owesPt X
$91.8M
net assets · Ln 32
Cash and savingsLn 1–2$91.9M
Total assetsLn 16$91.9M
LiabilitiesLn 26$90K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$126.7M
Investment incomeLn 3$1.1M
Total revenueLn 12$127.8M
Assets in detailPt X, end of year
CashLn 1$91.9M
Cash and savings togetherLn 1–2$91.9M
Total assetsLn 16$91.9M
LiabilitiesLn 26$90K
Net assetsLn 32$91.8M
OperationsPt I, VI
EmployeesI 52
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$17.7M$91.9M
Total assetsLn 16$17.7M$91.9M
LiabilitiesLn 26$169K$90K
Net assetsLn 32$17.5M$91.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$47.6M$47.6M
Pay of current officers, directors and key staffLn 5$248K$248K
Payroll taxesLn 10$163$163
Legal feesLn 11b$545K$545K
Accounting feesLn 11c$39K$39K
Other fees for servicesLn 11g$2.6M$904K$1.4M$311K
Office expensesLn 13$92K$92K
OccupancyLn 16$160K$160K
Other expenses (24a–d)Ln 24$2.3M$2.3M
Total functional expensesLn 25$53.5M$50.8M$2.4M$311K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $119.6M$209.7M−$90.1M$1.7M 990 PDF
FY2024 Viewing $127.8M$53.5M$74.3M$91.8M 990 PDF
FY2023 $122.6M$123.9M−$1.3M$17.5M 990 PDF
FY2022 $75.2M$56.6M$18.7M$18.8M 990 PDF
FY2021 $104.8M$165.0M−$60.2M$108K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $127,822,573 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $122,588,713$126,702,570
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$1,120,003
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $122,588,713$127,822,573
I-13 Grants and similar amounts paidPrior year $107,616,657$47,610,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,274,690$248,466
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $14,967,039$5,664,014
I-18 Total expensesPrior year $123,858,386$53,522,480
I-19 Revenue less expensesPrior year −$1,269,673$74,300,093
Part VI · Governance 3 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $127,822,573 across 4 lines filed
VIII-1f All other contributions, gifts and grants$126,702,570
VIII-1h Total contributions, gifts and grants$126,702,570
VIII-3 Investment incomeExcluded from tax $1,120,003$1,120,003
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,120,003$127,822,573
Part IX · Statement of functional expenses $53,522,480 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $47,610,000$47,610,000
IX-5 Pay of current officers, directors and key staffManagement $248,303$248,303
IX-10 Payroll taxesManagement $163$163
IX-11b Legal feesManagement $545,239$545,239
IX-11c Accounting feesManagement $39,244$39,244
IX-11g Other fees for servicesPrograms $903,750 · Management $1,354,409 · Fundraising $311,029$2,569,188
IX-13 Office expensesManagement $91,829$91,829
IX-16 OccupancyManagement $160,493$160,493
IX-24 Other expenses (24a–d)Programs $2,258,021$2,258,021
IX-25 Total functional expensesPrograms $50,771,771 · Management $2,439,680 · Fundraising $311,029$53,522,480
Part X · Balance sheet $91,876,704 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $17,655,980$91,876,704
X-16 Total assetsStart of year $17,655,980$91,876,704
X-17 Accounts payable and accrued expensesStart of year $169,150$89,781
X-26 Total liabilitiesStart of year $169,150$89,781
X-27 Net assets without donor restrictionsStart of year $17,486,830$91,786,923
X-32 Total net assets or fund balancesStart of year $17,486,830$91,786,923
X-33 Total liabilities and net assetsStart of year $17,655,980$91,876,704
Part XI · Reconciliation of net assets $91,786,923 net assets at year end
XI-1 Total revenue$127,822,573
XI-2 Total expenses$53,522,480
XI-3 Revenue less expenses$74,300,093
XI-4 Net assets at start of year$17,486,830
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$91,786,923

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

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