Democracyfirst: FY2024 Nonprofit Profile & Form 990 (EIN 88-1027253)

Revenue by fiscal year
FY2022	$5.6M
FY2023	$4.4M
FY2024	$3.8M
FY2025	$9.0M

Expenses by fiscal year
FY2022	$3.4M
FY2023	$6.2M
FY2024	$3.1M
FY2025	$10.1M

Net assets by fiscal year
FY2022	$2.1M
FY2023	$357K
FY2024	$1.1M
FY2025	$0

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

30 cents of each dollar spent went to programs.

30%

70%

Program services 30% · $910K Management & general 70% · $2.2M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990; $30K 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

Jordan Wood

President

$30,000Pt VII · Sec A

Mark Bailey

Treasurer

$0Pt VII · Sec A

Christine Holt

Director

$0Pt VII · Sec A

See Democracyfirst executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Restores public trust in elections, protects fair voting, and renews pro-democracy consensus.

Questions for Democracyfirst

Tap to ask. Democracyfirst sees how many people are interested.

Your first name shows with your question. Democracyfirst answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $910K · in their own filed words · FY2023

01

In 2024, democracyfirst invested in pro-democracy organizations working to protect the freedom to vote, prevent the manipulation of our electoral processes, improve election security, and hold public officials accountable.

$910Kprogram 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

Turnout Action FundFY2025$250K

Total grants receivedfrom 1 funder$250K

Grants paid · 54 grants · $11.8M · 2021–2024

Democracyfirst PacFY2024$1,000,000

Common Sense New YorkFY2024$400,000

Women4usFY2024$100,000

Defend the Vote Action FundMD · FY2024$100,000

Defending Main Street SuperpacFY2024$25,000

Common Sense New YorkFY2023$500,000

Pro-Democracy CampaignMA · FY2023$200,000

Democracyfirst PacFY2023$150,000

Organizing Empowerment Fund INCWI · FY2023$40,000

Better Nevada PacFY2023$20,000

Activate 48 Education FundAZ · FY2022$750,000

Promote the VoteFY2022$650,000

Future Forward USA ActionDC · FY2022$500,000

Faith in MinnesotaFY2022$450,000

Citizen Action of New York INCNY · FY2022$450,000

Ohio Progressive CollaborativeOH · FY2022$400,000

Florida Rising INCFL · FY2022$300,000

America VotesDC · FY2022$290,000

See all 54 grants →

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$3.8M

Ln 12

Gifts and grantsLn 1h$3.8M

Money outPt IX

$3.1M

Ln 25

Programscol B$910K

Managementcol C$2.2M

Owns and owesPt X

$1.1M

net assets · Ln 32

Cash and savingsLn 1–2$1.5M

Total assetsLn 16$1.5M

LiabilitiesLn 26$411K

PeoplePt VI, VII

3

listed · VII A

PaidVII A1

Voting boardVI 1a3

IndependentVI 1b3

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$3.8M

Total revenueLn 12$3.8M

Assets in detailPt X, end of year

CashLn 1$1.5M

Cash and savings togetherLn 1–2$1.5M

Total assetsLn 16$1.5M

LiabilitiesLn 26$411K

Net assetsLn 32$1.1M

OperationsPt I, VI

EmployeesI 51

VolunteersI 60

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

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$357K	$1.5M
Total assetsLn 16	$357K	$1.5M
LiabilitiesLn 26	$0	$411K
Net assetsLn 32	$357K	$1.1M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$910K	$910K
Pay of current officers, directors and key staffLn 5	$30K		$30K
Other salaries and wagesLn 7	$64K		$64K
Other employee benefitsLn 9	$5K		$5K
Payroll taxesLn 10	$45K		$45K
Management feesLn 11a	$403K		$403K
Legal feesLn 11b	$36K		$36K
Accounting feesLn 11c	$17K		$17K
Other fees for servicesLn 11g	$1.0M		$1.0M
Advertising and promotionLn 12	$495K		$495K
Information technologyLn 14	$1K		$1K
TravelLn 17	$31K		$31K
InsuranceLn 23	$8K		$8K
Other expenses (24a–d)Ln 24	$5K		$5K
Total functional expensesLn 25	$3.1M	$910K	$2.2M	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$9.0M	$10.1M	−$1.1M	$0	990 PDF
FY2024 Viewing	$3.8M	$3.1M	$714K	$1.1M	990 PDF
FY2023	$4.4M	$6.2M	−$1.8M	$357K	990 PDF
FY2022	$5.6M	$3.4M	$2.1M	$2.1M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $3,775,287 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $4,410,000$3,775,287

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $4,410,000$3,775,287

I-13 Grants and similar amounts paidPrior year $5,820,000$910,000

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

I-15 Salaries and benefitsPrior year $0$143,576

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

I-17 Other expensesPrior year $366,749$2,007,858

I-18 Total expensesPrior year $6,186,749$3,061,434

I-19 Revenue less expensesPrior year −$1,776,749$713,853

Part VI · Governance 3 of 3 board members independent, 3 to look at

VI-1a Voting members of the governing body3

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 $3,775,287 across 3 lines filed

VIII-1f All other contributions, gifts and grants$3,775,287

VIII-1h Total contributions, gifts and grants$3,775,287

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$3,775,287

Part IX · Statement of functional expenses $3,061,434 across 14 lines filed

IX-1 Grants to domestic organizationsPrograms $910,000$910,000

IX-5 Pay of current officers, directors and key staffManagement $30,000$30,000

IX-7 Other salaries and wagesManagement $63,628$63,628

IX-9 Other employee benefitsManagement $5,261$5,261

IX-10 Payroll taxesManagement $44,687$44,687

IX-11a Management feesManagement $403,421$403,421

IX-11b Legal feesManagement $35,692$35,692

IX-11c Accounting feesManagement $16,707$16,707

IX-11g Other fees for servicesManagement $1,011,765$1,011,765

IX-12 Advertising and promotionManagement $494,788$494,788

IX-14 Information technologyManagement $1,476$1,476

IX-17 TravelManagement $30,673$30,673

IX-23 InsuranceManagement $8,218$8,218

IX-24 Other expenses (24a–d)Management $5,118$5,118

IX-25 Total functional expensesPrograms $910,000 · Management $2,151,434 · Fundraising $0$3,061,434

Part X · Balance sheet $1,482,253 assets, 7 lines filed

X-1 Cash, non-interest-bearingStart of year $357,333$1,482,253

X-16 Total assetsStart of year $357,333$1,482,253

X-17 Accounts payable and accrued expenses$411,067

X-26 Total liabilitiesStart of year $0$411,067

X-27 Net assets without donor restrictionsStart of year $357,333$1,071,186

X-32 Total net assets or fund balancesStart of year $357,333$1,071,186

X-33 Total liabilities and net assetsStart of year $357,333$1,482,253

Part XI · Reconciliation of net assets $1,071,186 net assets at year end

XI-1 Total revenue$3,775,287

XI-2 Total expenses$3,061,434

XI-3 Revenue less expenses$713,853

XI-4 Net assets at start of year$357,333

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$1,071,186

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

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Democracyfirst FY2024 filing

Before you give