ISSUE ONE

EIN: 320384285 501(c)(3) Public & Societal Benefit

WASHINGTON, DC

Total Revenue
$6,852,919
Total Expenses
$9,529,898
Total Assets
$9,375,046
Net Assets
$7,496,506
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
DC
Principal Officer
NICHOLAS PENNIMAN
Phone
2022990265
Tax Period
2024-07-01 to 2025-06-30

ISSUE ONE, founded in 2012, is a community nonprofit in the Public & Societal Benefit sector that reported $6.9M in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $9.5M exceeded revenue, resulting in a 39% operating deficit.

Mission

ISSUE ONE IS THE LEADING CROSSPARTISAN POLITICAL REFORM ORGANIZATION THAT EDUCATES THE PUBLIC, ENGAGES CAPITOL HILL, AND ADVOCATES FOR SOLUTIONS TO FIX OUR BROKEN POLITICAL SYSTEM.

Program Service Accomplishments

Program 1
Expenses: $6,078,151 Revenue: $53,438

PROTECTING THE GUARDRAILS OF DEMOCRACY AND ADVANCING FREE AND FAIR ELECTIONS ISSUE ONE LEADS CROSSPARTISAN EFFORTS TO CHECK EXECUTIVE OVERREACH AND ENSURE U.S. ELECTIONS ARE FREE & FAIR. WE MOBILIZE...

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PROTECTING THE GUARDRAILS OF DEMOCRACY AND ADVANCING FREE AND FAIR ELECTIONS ISSUE ONE LEADS CROSSPARTISAN EFFORTS TO CHECK EXECUTIVE OVERREACH AND ENSURE U.S. ELECTIONS ARE FREE & FAIR. WE MOBILIZE BIPARTISAN VALIDATORS, CIVIL SOCIETY AND GRASSROOTS SUPPORTERS TO CHECK ABUSES OF POWER, BUILD RESILIENCE AGAINST FALSE ELECTION NARRATIVES, DETER MANIPULATION AND DEFEND IMPARTIAL ELECTION ADMINISTRATION. WE RUN DIGITAL CAMPAIGNS AND ENGAGE WITH CAPITOL HILL AND THE MEDIA TO ADVANCE THESE GOALS, AS DETAILED IN SCHEDULE O. ISSUE ONE LEADS A CROSSPARTISAN EFFORT TO ENSURE U.S. ELECTIONS ARE FREE & FAIR. WE COLLABORATE WITH A RANGE OF EXPERTS, INCLUDING CURRENT AND FORMER ELECTED OFFICIALS AND ELECTION ADMINISTRATORS, TO STRENGTHEN PROTECTIONS FOR ELECTION WORKERS AND SECURE CONSISTENT, PREDICTABLE FEDERAL FUNDING FOR ELECTION ADMINISTRATION.ISSUE ONE IS THE LEADING CROSSPARTISAN POLITICAL REFORM GROUP IN WASHINGTON, DC. WE UNITE REPUBLICANS, DEMOCRATS, AND INDEPENDENTS IN THE MOVEMENT TO FIX OUR BROKEN POLITICAL SYSTEM AND BUILD AN INCLUSIVE DEMOCRACY THAT WORKS FOR EVERYONE. WE ARE DEDICATED TO EDUCATING THE PUBLIC AND DECISION-MAKERS ON CAPITOL HILL AND PASSING BIPARTISAN LEGISLATION. BOTH INSIDE THE HALLS OF CONGRESS AND ACROSS THE COUNTRY, WE ADVANCE COMMONSENSE SOLUTIONS THAT IMPROVE GOVERNMENT AND ITS RESPONSIVENESS TO "WE THE PEOPLE."

Program 2
Expenses: $769,047 Revenue: $0

RESHAPING THE ONLINE INFORMATION ENVIRONMENT AND THE ROLE OF MONEY IN POLITICS ISSUE ONE ADVOCATES FOR STRUCTURAL DEMOCRACY REFORMS AT THE STATE AND FEDERAL LEVELS. WE ADVANCE SOCIAL MEDIA REFORM SO...

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RESHAPING THE ONLINE INFORMATION ENVIRONMENT AND THE ROLE OF MONEY IN POLITICS ISSUE ONE ADVOCATES FOR STRUCTURAL DEMOCRACY REFORMS AT THE STATE AND FEDERAL LEVELS. WE ADVANCE SOCIAL MEDIA REFORM SO THAT AMERICANS CAN TRUST THE INFORMATION THAT SHAPES THEIR CHOICES, ENGAGE ACROSS DIFFERENCES IN GOOD FAITH, AND LIVE FREE IN A DEMOCRACY WHERE NO ONE IS ABOVE THE LAW. WE ALSO ADVANCE INNOVATIVE SOLUTIONS TO REDUCE THE DISTORTING INFLUENCE OF MONEY IN POLITICS AND STRENGTHEN EQUAL REPRESENTATION FOR ALL. WE RUN CAMPAIGNS, PUBLISH REPORTS, MOBILIZE PARTNERS, AND EDUCATE LEGISLATORS TO ADVANCE THESE GOALS, AS DETAILED IN SCHEDULE O.ISSUE ONE UNITES CIVIL SOCIETY, ELECTED OFFICIALS, AND INDEPENDENT RESEARCHERS IN THE FIGHT TO REFORM SOCIAL MEDIA, WITH THE AIM OF CREATING A HEALTHIER DEMOCRACY FOR THE DIGITAL AGE. IN 2024, WE HELPED PASS THE KIDS ONLINE SAFETY ACT IN THE UNITED STATES SENATE, GARNERING 91 VOTES IN A DIVIDED CHAMBER. IN 2025, WE WORKED WITH PARTNERS TO STRIKE DOWN A 10 YEAR MORATORIUM ON AI REGULATION IN A MAJOR FEDERAL SPENDING BILL. ISSUE ONE'S COUNCIL FOR RESPONSIBLE SOCIAL MEDIA SOLIDIFIED ITS ROLE AS A NATIONAL CONVENOR DRIVING PRAGMATIC, VALUES BASED TECHNOLOGY REFORM. BY FUSING RESEARCH, POLICY STRATEGY AND BIPARTISAN ADVOCACY, THE COUNCIL CONTINUES TO DEMONSTRATE HOW COLLECTIVE LEADERSHIP CAN RECLAIM THE DIGITAL PUBLIC SQUARE FOR DEMOCRACY.TO REDUCE THE ROLE OF MONEY IN POLITICS, ISSUE ONE LED MULTIPLE SECTOR CONVENINGS TO SURFACE BOLD AND PRACTICAL REFORMS ACHIEVABLE IN TODAY'S POLARIZED CLIMATE. WE ALSO SUPPORTED PROMISING CAMPAIGN FINANCE EFFORTS IN MONTANA AND MAINE, AND HELPED IDENTIFY AN EFFORT TO SCALE A STATE LEVEL CAMPAIGN FINANCE TRANSPARENCY MEASURE TO CONGRESS. WE CONTINUE SERVING AS A CREATIVE HUB FOR EXPERIMENTAL AND CROSSPARTISAN APPROACHES TO ANTI-CORRUPTION REFORMS ACROSS THE UNITED STATES.

Program 3
Expenses: $54,011 Revenue: $0

BUILDING CROSSPARTISAN CIVIC POWER FOR A STRUCTURAL REFORM AGENDA ISSUE ONE ENGAGES AMERICAN CITIZENS ACROSS SECTORS AND IDEOLOGIES TO CO-SHAPE A DURABLE, NONPARTISAN DEMOCRACY REFORM AGENDA FOR THE...

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BUILDING CROSSPARTISAN CIVIC POWER FOR A STRUCTURAL REFORM AGENDA ISSUE ONE ENGAGES AMERICAN CITIZENS ACROSS SECTORS AND IDEOLOGIES TO CO-SHAPE A DURABLE, NONPARTISAN DEMOCRACY REFORM AGENDA FOR THE FUTURE. WE WORK WITH SECTOR PARTNERS, BIPARTSIAN COUNCILS AND GRASSROOTS LEADERS TO ENGAGE AND ACTIVATE CITIZENS, AND TO BUILD A BROAD COALITION FOR THE CO-SHAPED AGENDA, AS DETAILED IN SCHEDULE O. ISSUE ONE PLAYS A LEADING ROLE IN BUILDING CROSSPARTISAN CIVIC POWER TO DEFEND THE GUARDRAILS OF DEMOCRACY AND ENACT STRUCTURAL DEMOCRACY REFORMS. IN 2025, WE LAUNCHED THE COUNCIL FOR AMERICAN DEMOCRACY, BRINGING TOGETHER OVER 220 CIVIC AND BUSINESS LEADERS TO ADVANCE BOTH OBJECTIVES. THE COUNCIL'S IN-PERSON GATHERINGS IN MOUNT VERNON, PHILADELPHIA, BALTIMORE, NEW YORK, BOSTON AND MAINE ENGAGED MORE THAN 700 ATTENDEES TO HELP DRIVE ISSUE ONE'S CONSTITUTIONAL DEFENSE INITIATIVES. THEIR INFLUENCE CONTINUES TO FORTIFY ISSUE ONE'S CITIZEN ENGAGEMENT STRATEGY TO CO-SHAPE AND POWER THE DEMOCRACY REFORM AGENDA.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,647,253
Program Service Revenue $53,438
Investment Income $102,743
Other Revenue $49,485
TOTAL REVENUE $6,852,919

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,835,590
Fundraising Expenses $1,464,030
Program Expenses $6,901,209
Other Expenses $5,694,308
TOTAL EXPENSES $9,529,898

Year-over-Year Comparison

2024 2023 Change
Revenue $6,852,919 $14,827,410 -0.5%
Expenses $9,529,898 $8,219,311 +0.2%
Net Income $-2,676,979 $6,608,099 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
16
Employees
47
Volunteers
21

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
5
$777,483
Total Directors
20
$22,500
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANA AVIV BOARD MEMBER 2.00
Director
$22,500 $0 $22,500
ELAINE WALSH CARNEY BOARD MEMBER 2.00
Director
$0 $0 $0
BARBARA BRENNER BUDER BOARD TREASURER 2.00
Officer Director
$0 $0 $0
BILL BURGESS BOARD MEMBER 2.00
Director
$0 $0 $0
JULIE ANN CROMMETT BOARD MEMBER 2.00
Director
$0 $0 $0
CARLOS CURBELO BOARD MEMBER 2.00
Director
$0 $0 $0
KATIE FAHEY BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD GEPHARDT BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID GERSON BOARD SECRETARY 2.00
Officer Director
$0 $0 $0
WHITNEY HATCH BOARD CHAIR 2.00
Officer Director
$0 $0 $0
EMIL HILL BOARD MEMBER 2.00
Director
$0 $0 $0
JB LYON BOARD MEMBER 2.00
Director
$0 $0 $0
PETER STAPLE BOARD MEMBER 2.00
Director
$0 $0 $0
PATRICK TOUSSAINT BOARD MEMBER 2.00
Director
$0 $0 $0
LINDA WILLARD BOARD MEMBER 2.00
Director
$0 $0 $0
DAN GLICKMAN THROUGH DEC 2024 BOARD MEMBER 2.00
Director
$0 $0 $0
IAN SIMMONS THROUGH NOV 2024 BOARD MEMBER 2.00
Director
$0 $0 $0
TAVAN PECHET BOARD MEMBER 2.00
Director
$0 $0 $0
LINDA DOUGLASS EFF FEB 2025 BOARD MEMBER 2.00
Director
$0 $0 $0
JAMIE MCDONALD EFF MAY 2025 BOARD MEMBER 2.00
Director
$0 $0 $0
NICHOLAS PENNIMAN CHIEF EXECUTIVE OFFICER 39.90
Officer
$353,747 $70,564 $424,605
AMELIA LEONARDI CHIEF OPERATING OFFICER 39.50
Officer
$280,791 $70,118 $352,878
ETHAN ROME CHIEF OF STRATEGY AND PROGRAM 39.80
Highest
$192,024 $3,636 $195,660
LOUISA IMPERIALE CHIEF ADVANCEMENT OFFICER 39.80
Highest
$214,511 $23,579 $244,019
JAMIE DILLON SENIOR DIRECTOR OF ADVANCEMENT 39.80
Highest
$142,096 $23,832 $166,226
ALIX FRASER VICE PRESIDENT, TECHNOLOGY REFORM 39.80
Highest
$157,185 $25,254 $184,360
NICOLE LAGACE VICE PRESIDENT, COMMUNICATIONS 39.80
Highest
$156,558 $7,589 $164,651
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
2025 $6,852,919 $9,529,898 $9,375,046 $-2,676,979
2024 $14,827,410 $8,219,311 $12,043,724 $6,608,099
2023 $7,870,934 $8,163,749 $5,511,701 $-292,815
2022 $6,980,798 $6,280,243 $6,409,189 $700,555
2021 $19,436,963 $16,323,377 $5,399,422 $3,113,586
2020 $4,971,211 $5,124,938 $2,402,517 $-153,727
2019 $4,674,880 $4,666,186 $2,556,443 $8,694
2018 $3,262,262 $3,283,337 $2,436,134 $-21,075
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