POLICY IMPACT

EIN: 364657870 501(c)(3) Education

BERKELEY, CA

Total Revenue
$6,777,043
Total Expenses
$4,326,651
Total Assets
$4,416,046
Net Assets
$4,061,228
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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Principal Officer
KARI SARATOVSKY
Phone
5108414123
Tax Period
2023-01-01 to 2023-12-31

POLICY IMPACT, founded in 2009, is a community nonprofit in the Education sector that reported $6.8M in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 36% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO SERVE AS THE FISCAL SPONSOR FOR THE CHARITABLE DONATIONS AND PHILANTHROPIC DISBURSEMENTS OF INDIVIDUALS, FOUNDATION, AND OTHER ENTITIES, TO PROVIDE TECHNICAL ASSISTANCE TO YOUTH-SERVING AND NONPROFIT ORGANIZATIONS AND TO COORDINATE EDUCATION AND OTHER POLICY EFFORTS.

Program Service Accomplishments

Program 1
Expenses: $1,313,918

A NEWER PROJECT OF POLICY IMPACT, THE DEMOCRACY COMMUNICATIONS FUND SERVES AS A POOLED DONOR FUND THAT INVESTS IN RESEARCH AND COMMUNICATIONS WORK TO BUILD PUBLIC SUPPORT FOR U.S. DEMOCRACY, WITH AN...

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A NEWER PROJECT OF POLICY IMPACT, THE DEMOCRACY COMMUNICATIONS FUND SERVES AS A POOLED DONOR FUND THAT INVESTS IN RESEARCH AND COMMUNICATIONS WORK TO BUILD PUBLIC SUPPORT FOR U.S. DEMOCRACY, WITH AN INITIAL FOCUS ON BUILDING TRUST IN ELECTIONS.

Program 2
Expenses: $2,064,465

WE FISCALLY SPONSORED A PROJECT WITH A CROSS-IDEOLOGICAL NETWORK OF CIVIC LEADERS AND INFLUENCERS WHO MEET BIANNUALLY IN PERSON, AND THROUGHOUT THE YEAR VIRTUALLY, TO DISCUSS THE CHALLENGES FACING...

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WE FISCALLY SPONSORED A PROJECT WITH A CROSS-IDEOLOGICAL NETWORK OF CIVIC LEADERS AND INFLUENCERS WHO MEET BIANNUALLY IN PERSON, AND THROUGHOUT THE YEAR VIRTUALLY, TO DISCUSS THE CHALLENGES FACING AMERICAN DEMOCRACY AND WHAT CAN BE DONE TO REVITALIZE OUR SYSTEM OF GOVERNANCE. WE ALSO PARTICIPATED IN A CONTRACT WITH A CROSS-IDEOLOGICAL LEARNING AND ACTION COMMUNITY FOR DONORS CONCERNED ABOUT THE HEALTH OF AMERICAN DEMOCRACY. THIS PROJECT PRODUCED NUMEROUS REPORTS ABOUT DEMOCRACY, HOSTED MAJOR CONVENINGS FOR DEMOCRACY FUNDERS, AND HELPED EDUCATE PHILANTHROPY ABOUT INVESTING IN DEMOCRACY.

Program 3
Expenses: $458,193

ONE OF OUR PROJECTS PROVIDED EARLY DETECTION AND EARLY WARNING INSIGHTS TO CIVIL SOCIETY, ELECTION ADMINISTRATORS, AND KEY STAKEHOLDERS WORKING IN THE ELECTION FIELD IN ORDER TO PROMOTE EARLY...

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ONE OF OUR PROJECTS PROVIDED EARLY DETECTION AND EARLY WARNING INSIGHTS TO CIVIL SOCIETY, ELECTION ADMINISTRATORS, AND KEY STAKEHOLDERS WORKING IN THE ELECTION FIELD IN ORDER TO PROMOTE EARLY DETECTION OF DISINFORMATION NARRATIVES AND THREATS OF VIOLENCE. THIS ABILITY ALLOWS FOR COMMUNICATORS AND INDIVIDUALS TO BETTER UNDERSTAND HOW THEY CAN SUCCESSFULLY DETECT AND MITIGATE THESE TYPES OF THREATS. THIS PROJECT DEVELOPED DEEP DIVE REPORTS INTO THE DISINFORMATION AND MISINFORMATION LANDSCAPE, WITH THE PURPOSE OF MAKING THE REPORTS PUBLIC.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,733,546
Program Service Revenue $0
Investment Income $43,497
Other Revenue $0
TOTAL REVENUE $6,777,043

Expense Breakdown

Grants Paid $1,311,850
Salaries & Benefits $11,500
Fundraising Expenses $0
Program Expenses $4,026,640
Other Expenses $3,003,301
TOTAL EXPENSES $4,326,651

Year-over-Year Comparison

2023 2022 Change
Revenue $6,777,043 $4,582,631 +0.5%
Expenses $4,326,651 $3,688,608 +0.2%
Net Income $2,450,392 $894,023 +1.7%
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
3
Independent Members
2
Employees
N/A
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
3
$11,500
Total Directors
3
$11,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON DORFMAN PRESIDENT 1.00
Officer Director
$0 $0 $0
LIONEL C JOHNSON BOARD TREASURER & SECRETARY 1.00
Officer Director
$0 $0 $0
KARI DUNN SARATOVSKY EXECUTIVE DIRECTOR 1.00
Officer Director
$11,500 $0 $11,500
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 $6,777,043 $4,326,651 $4,416,046 $2,450,392
2022 $4,582,631 $3,688,608 $1,914,503 $894,023
2022 $4,582,631 $3,688,608 $1,914,503 $894,023
2021 $1,622,078 $1,129,953 $1,151,715 $492,125
2020 $722,098 $888,745 $238,850 $-166,647
2019 $889,043 $814,936 $405,876 $74,107
2018 $462,893 $775,167 $421,194 $-312,274
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