State Power Caucus EIN 87-1031592 Form 990 (PDF) Claim this org

State Power Caucus FY2022 filing

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Connects grassroots groups to share knowledge and build local and national power. For fiscal year 2022 it reported $1.0M in revenue, $566K in expenses, and $481K in net assets.Pt I

Type
Public charity (501(c)(3)) · Civil Rights & Advocacy
Location
Alexandria, VA
Website
statepowercaucus.org
Filings
3 on file (2022–2022)
Revenue
$1.0MFY2022
Expenses
$566K
Net assets
$481K
People
6
Filings
3
Updates
0
More identity details & actions ⌄
EIN  87-1031592 Public charity (501(c)(3)) Alexandria, VA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Connects grassroots groups to share knowledge and build local and national power.
Leadership
Andrea Mercado · Vice President
Money in and out
$1.0M revenue, $566K expenses
Bottom line
97% program efficiency
Where the money goes · FY2022
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$566K
Pt IX · Ln 25
Net assets
$481K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $481K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Surplus margin
+46%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$1.0M
FY2022
Expenses
$566K
FY2022
Total assets
$481K
FY2022
Total liabilities
$0
FY2022
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$566K
Pt IX · Ln 25
Net assets
$481K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$481K
Total assetsPt X · Ln 16$481K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CState Power Caucus
EINHdr · item D87-1031592
Principal addressHdr · item CAlexandria, VA
WebsiteHdr · item Jstatepowercaucus.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R40)
Ruling yearIRS BMFSep 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See State Power Caucus executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $1.1M of program spending, described in the organization's own filed words · FY2022.
01

Organizing a coalition of civic engagement and grass roots entities to engage in building coalitions to advancing economic, racial, enviormental and social justice causes.

$550Kprogram expense
02

Organizing a coalition of civic engagement and grass roots entities to engage in building coalitions to advancing economic, racial, enviormental and social justice causes.

$550Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$1.0M
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$550K
Management & general3%$15K
Total functional expensesLn 25$566K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$481K
Total liabilitiesLn 26$0
Total net assetsLn 32$481K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $566K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $550K · Total expenses $566K
97%
Management & General
Management & general $15K · Total expenses $566K
3%
Fundraising
Fundraising $0 · Total expenses $566K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $1.0M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $1.0M
100%
Government reliance
Government grants — · Total revenue $1.0M
Earned-income share
Program service revenue $0 · Total revenue $1.0M
0%
Investment reliance
Investment income $0 · Total revenue $1.0M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $566K
0%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $481K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $566K
+46%
Liabilities-to-Assets
Total liabilities — · Total assets $481K
Net-asset ratio
Net assets $481K · Total assets $481K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $481K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Andrea Mercado · Reported title Vice President · Highest reported compensation $0 · Total expenses $566K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $155K · Total expenses $566K
27%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Ford FoundationFY2024$175K
Total grants receivedfrom 1 funder$175K
Grants paid · 20 grants · $775K · 2022–2022
Social Transformation ProjectFY2022$127,500
Social Transformation ProjectFY2022$127,500
Grassroots Power ProjectCA · FY2022$75,000
Grassroots Power ProjectCA · FY2022$75,000
New Virginia Majority Education FndFY2022$62,500
New Virginia Majority Education FndFY2022$62,500
Faith in Action Network PicoFY2022$17,500
Washington Can EducationFY2022$17,500
Texas Organizing Project Educ FundFY2022$17,500
Grassroots CollaborativeIL · FY2022$17,500
We the People MichiganFY2022$17,500
Take Action Minnesota Education FndFY2022$17,500
Kentucky Coalition INCKY · FY2022$17,500
Faith in Action Network PicoFY2022$17,500
Washington Can EducationFY2022$17,500
Texas Organizing Project Educ FundFY2022$17,500
Grassroots CollaborativeIL · FY2022$17,500
We the People MichiganFY2022$17,500
See all 20 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$283K revenue · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$1.0M revenue · viewing · ⤓ 990 PDF

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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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