Agency INC EIN 93-4634193 Form 990 (PDF) Claim this org

Agency INC

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Empowering public education advocates with strategic communications and resources for better family choices. For fiscal year 2024 it reported $1.1M in revenue, $300K in expenses, and $815K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Washington, DC
Website
www.agencyworks.org
Filings
1 on file (2024–2024)
Revenue
$1.1MFY2024
Expenses
$300K
Net assets
$815K
People
4
Filings
1
Updates
0
More identity details & actions ⌄
EIN  93-4634193 Public charity (501(c)(3)) Washington, DC
Form 990 (PDF)
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Size
$1–10M
What they do
Empowering public education advocates with strategic communications and resources for better family choices.
Leadership
Deborah Veney · Director · $54K
Money in and out
$1.1M revenue, $300K expenses
Bottom line
95% program efficiency
Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$300K
Pt IX · Ln 25
Net assets
$815K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $815K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.03 Fundraising $0.02
Program efficiency
95%
of spending reaches programs
Operating runway
36.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+73%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$300K
Pt IX · Ln 25
Net assets
$815K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$815K
Total assetsPt X · Ln 16$904K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAgency INC
EINHdr · item D93-4634193
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.agencyworks.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFNov 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$53,776Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Deborah Veney’s $54K as Director is at the 8th percentile of top reported officer pay among 3395 $1–10M education 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.

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Mission & Programs · Part III

Where the work happens

1 program service account for $284K of program spending, described in the organization's own filed words · FY2024.
01

In 2024, Agency secured its first contracts and charitable gifts and began serving its first clients. We became fully staffed and secured our IRS Determination letter. By the end of the year, we had secured six clients and attracted charitable contributions from two foundations.

$284Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$1.1M · 98%
Contributions & grants$25K · 2%
Program service revenue98%$1.1M
Contributions & grants2%$25K
Investment income$500
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.03 Fundraising $0.02
Program services95%$284K
Management & general3%$9K
Fundraising2%$7K
Total functional expensesLn 25$300K

Balance Sheet

Part X · end of year
CashLn 1$904K
Total assetsLn 16$904K
Total liabilitiesLn 26$89K
Total net assetsLn 32$815K
Months of cash on handcomputed36.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $904K · Operating expenses/yr $300K
36.2 months
Where the money goes
Program services
Program services $284K · Total expenses $300K
95%
Management & General
Management & general $9K · Total expenses $300K
3%
Fundraising
Fundraising $7K · Total expenses $300K
2%
Cost to raise $1
Fundraising expense $7K · Solicited contributions $25K
$0.27 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $25K · Total revenue $1.1M
2%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $1.1M · Total revenue $1.1M
98%
Investment reliance
Investment income $500 · Total revenue $1.1M
+0.04%
Program self-sufficiency
Program service revenue $1.1M · Total expenses $300K
364%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $815K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $300K
+73%
Liabilities-to-Assets
Total liabilities — · Total assets $904K
Net-asset ratio
Net assets $815K · Total assets $904K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $904K
0%
People & payroll
Highest Reported Total Compensation
Individual Deborah Veney · Reported title Director · Highest reported compensation $54K · Total expenses $300K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $147K · Total expenses $300K
49%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 3%
Fundraising cost ratio 27%
Investment management fee ratio 0%
Legal fee ratio 3%
Accounting fee ratio 0%
Fundraising fee 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 · funders on record
Grants received · FY2024
City FundFY2024$50K
Total grants receivedfrom 2 funders$75K

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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)$1.1M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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