DEMOCRACY A JOURNAL OF IDEAS INC

EIN: 203685508 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$834,549
Total Expenses
$588,840
Total Assets
$890,220
Net Assets
$890,220
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
DE
Principal Officer
MICHAEL TOMASKY
Phone
2022634390
Tax Period
2023-01-01 to 2023-12-31

DEMOCRACY A JOURNAL OF IDEAS INC, founded in 2005, is a small nonprofit in the Education sector that reported $835K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $246K, a strong 29% operating margin.

Mission

TO BUILD A VIBRANT AND VITAL PROGRESSIVISM FOR THE TWENTY-FIRST CENTURY THAT BUILDS ON THE MOVEMENT'S PROUD HISTORY, IS TRUE TO ITS CENTRAL VALUES, AND IS RELEVANT TO PRESENT TIMES. PUBLISH THE QUARTERLY NONPARTISAN JOURNAL "DEMOCRACY: A JOURNAL OF IDEAS."

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $829,886
Program Service Revenue $4,663
Investment Income $0
Other Revenue $0
TOTAL REVENUE $834,549

Expense Breakdown

Grants Paid $0
Salaries & Benefits $280,109
Fundraising Expenses $143,648
Program Expenses $304,768
Other Expenses $308,731
TOTAL EXPENSES $588,840

Year-over-Year Comparison

2023 2022 Change
Revenue $834,549 $567,517 +0.5%
Expenses $588,840 $335,490 +0.8%
Net Income $245,709 $232,027 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$182,000
Total Directors
7
$100,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREI CHERNY PRESIDENT 1.00
Officer Director
$0 $0 $0
SHANE BATEMAN TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT ABERNETHY DIRECTOR 1.00
Director
$0 $0 $0
BERNARD SCHWARTZ DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM BUDINGER DIRECTOR 1.00
Director
$0 $0 $0
NICK HANAUER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL TOMASKY EDITOR 40.00
Officer Director
$100,000 $0 $100,000
JACK MESERVE MANAGING EDITOR 40.00
Officer
$82,000 $0 $82,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $834,549 $588,840 $890,220 $245,709
2022 $567,517 $488,081 $662,156 $79,436
2021 $666,963 $473,065 $573,110 $193,898
2020 $591,869 $476,192 $375,976 $115,677
2019 $448,751 $492,898 $368,349 $-44,147
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