Advancement Project EIN 95-4835230

Advancement Project

EIN  95-4835230 Public charity (501(c)(3)) Los Angeles, CA Founded 2001
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/20/26 · see original filing: IRS
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Size
$10–100M
What they do
Strengthens multi-racial social movements and advocates for policy reforms to build a more inclusive, participatory, and racially just democracy.
Leadership
John Kim · President/CEO · $335K
Money in and out
$13.3M revenue, $11.2M expenses
Bottom line
78% program efficiency

Strengthens multi-racial social movements and advocates for policy reforms to build a more inclusive, participatory, and racially just democracy. For fiscal year 2024 it reported $13.3M in revenue, $11.2M in expenses, and $8.6M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$13.3M
Pt VIII · Ln 12
Total expenses
$11.2M
Pt IX · Ln 25
Net assets
$8.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.1M
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.13 Fundraising $0.08
Program efficiency
78%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
6.3mo
months of highly liquid reserves at operating expense rate▲ +15% vs prior filing year
Surplus margin
+16%
revenue over expenses, this year▲ +121% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$13.3M
FY2024▲ +107%
Expenses
$11.2M
FY2024▲ +1%
Total assets
$11.2M
FY2024▲ +17%
Total liabilities
$2.6M
FY2024▼ -7%
Total revenue
$13.3M
Pt VIII · Ln 12
Total expenses
$11.2M
Pt IX · Ln 25
Net assets
$8.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.1M
Total assetsPt X · Ln 16$11.2M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

3 program services account for $4.4M of program spending, described in the organization's own filed words · FY2024.
01

Equity in community investmentswe partner with communities of color to equip them with the budget and advocacy tools necessary to win sustainable investments that help all californians thrive.

$2.0Mprogram expense
02

Educational equitythe educational equity team works to address the root causes of racial and educational inequity in california to build a b-12 public education system that advances healthy learning environments, positive school climates, and furthers connection, healing, wellbeing, and academic achievement at school sites and in…

$1.8Mprogram expense
03

Political voicepolitical voice works to make state and local governments more participatory and representative of the communities they serve. Our goal is that all community members are able to genuinely participate in the making of effective public policy, in ways that go beyond just voting, and that governments respond equitably to…

$586Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAdvancement Project
EINHdr · item D95-4835230
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.advancementproject.org
Year of formationHdr · item L2001
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W20)
Ruling yearIRS BMFMar 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b12
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
President/CEO
$334,881Pt VII · Sec A
Executive Vice President
$240,091Pt VII · Sec A
Finance-Budget and Grants Management Director
$196,648Pt VII · Sec A
VP of Policy and Programs
$169,665Pt VII · Sec A
VP of Policy and Programs
$164,005Pt VII · Sec A
VP of Policy and Programs
$156,392Pt VII · Sec A
Chief Financial Officer
$101,306Pt VII · Sec A
Board Member
$0Pt VII · Sec A

John Kim’s $335K as President/CEO is at the 57th percentile of top reported officer pay among 232 $10–100M public & societal benefit 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.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John Kim$334,881$238,772$227,859$222,993$212,871
Judith Browne Dianis$318,233$298,944
Edward a Hailes$241,167$221,152
Wendelyn Killian$240,091$184,352$182,199$171,125$159,874
Judith a Browne Dianis$216,618
Giovanni Cozzarelli$206,654$187,952
Jorge Jimenez$196,648$174,479$166,568
John Dobard$169,665$153,593$141,095

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.

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Statement of Revenue

Part VIII
Contributions & grants$11.5M · 86%
Program service revenue$1.0M · 8%
Investment income$786K · 6%
Contributions & grants86%$11.5M
Program service revenue8%$1.0M
Investment income6%$786K
Other revenue$19K
Total revenueLn 12$13.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.13 Fundraising $0.08
Program services78%$8.8M
Management & general13%$1.5M
Fundraising8%$930K
Total functional expensesLn 25$11.2M

Balance Sheet

Part X · end of year
CashLn 1$3.1M
Total assetsLn 16$11.2M
Total liabilitiesLn 26$2.6M
Total net assetsLn 32$8.6M
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.5M · Operating expenses (Pt IX) $11.2M · Less non-cash grants $627K · Cash operating expenses/yr $10.6M
6.3 months
Where the money goes
Program services
Program services $8.8M · Total expenses $11.2M
78%
Management & General
Management & general $1.5M · Total expenses $11.2M
13%
Fundraising
Fundraising $930K · Total expenses $11.2M
8%
Cost to raise $1
Fundraising expense (3-yr avg) $1.0M · Solicited contributions (3-yr avg) $10.4M
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $11.5M · Total revenue $13.3M
86%
Government reliance
Government grants — · Total revenue $13.3M
Earned-income share
Program service revenue $1.0M · Total revenue $13.3M
8%
Investment reliance
Investment income $786K · Total revenue $13.3M
+6%
Program self-sufficiency
Program service revenue $1.0M · Total expenses $11.2M
9%
Growth & trend
Revenue growth (YoY)
This year $13.3M · Prior year $6.4M
+107%
Revenue CAGR
FY2020 $24.5M · FY2024 $13.3M
-14%
Net-asset trend (YoY)
End of year $8.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $13.3M · Expenses $11.2M
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $11.2M
Net-asset ratio
Net assets $8.6M · Total assets $11.2M
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $18K · Other securities (Pt X, ln 12) $2.4M · Total assets (Pt X, ln 16) $11.2M
22%
People & payroll
Highest Reported Total Compensation
Individual John Kim · Reported title PRESIDENT/CEO · Highest reported compensation $335K · Total expenses $11.2M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $7.4M · Total expenses $11.2M
65%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 13%
Fundraising cost ratio 8%
Revenue growth 107%
Legal fee ratio 0%
Accounting fee ratio 1%

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 · FY2025
Total grants receivedfrom 2 funders$105K
Grants paid · 92 grants · $5.9M · 2020–2024
Tides AdvocacyCA · FY2024$115,000
Power CaliforniaCA · FY2024$115,000
Khmer Girls in ActionCA · FY2024$115,000
The Translatin CoalitionCA · FY2024$12,000
Inland Empire Midwifery and LactationFY2024$8,000
Changing Worlds LLCFY2024$7,500
Innercity StruggleCA · FY2024$7,000
California Calls Education FundCA · FY2023$1,329,000
See all 92 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)$13.3M revenue · viewing · ⤓ 990 PDF
FY2023$6.4M revenue · ⤓ 990 PDF
FY2022$16.3M revenue · ⤓ 990 PDF
FY2021$13.7M revenue · ⤓ 990 PDF
FY2020$24.5M revenue · ⤓ 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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