PIRGIM PUBLIC INTEREST LOBBY

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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

1998

Legal Domicile

Principal Officer

Steve Blackledge

Phone

7346626597

Tax Period

2024-07-01 to 2025-06-30

PIRGIM PUBLIC INTEREST LOBBY, founded in 1998, is a small nonprofit that reported $125K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $86K, a strong 69% operating margin.

Mission

The purpose of the corporation is to promote social welfare within the definition of Section 501(c)(4) of the Internal Revenue Code. The corporation's activities may include,but are not limited to, public education, research, litigation,and advocacy on issues affecting the public interest.

Program Service Accomplishments

Program 1

Expenses: $1,786 Revenue: $0

Researching and influencing public policy: staff engage in legislative activities including research, education, and policy development to stop the pollution from single-use plastics, promote...

Researching and influencing public policy: staff engage in legislative activities including research, education, and policy development to stop the pollution from single-use plastics, promote consumer protection by strengthening regulations around product safety and working to give citizens the right to repair their own devices.

Program 2

Expenses: $12,450 Revenue: $0

Public education and outreach: recruiting volunteers, distributing educational literature, conducting surveys and discussing issues with the public to stop the pollution from single-use plastics...

Public education and outreach: recruiting volunteers, distributing educational literature, conducting surveys and discussing issues with the public to stop the pollution from single-use plastics, promote consumer protection by strengthening regulations around product safety and working to give citizens the right to repair their own devices.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $124,526

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $124,526

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $16,237

Program Expenses $14,236

Other Expenses $34,884

TOTAL EXPENSES $38,268

Year-over-Year Comparison

	2024	2023	Change
Revenue	$124,526	$136,663	-0.1%
Expenses	$38,268	$37,021	+0.0%
Net Income	$86,258	$99,642	-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

Governance

Voting Members

Independent Members

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

$117,061

Total Directors

$143,244

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Blackledge	President, Director	0.5	Officer Director	$0	$18,936	$117,061
Danielle Melgar	Director	0.5	Director	$0	$3,203	$26,183
Gigi Norcross	Treasurer, Director	0.5	Officer Director	$0	$0	$0
Heather Kunst	Clerk, Director	0.5	Officer Director	$0	$0	$0
Joe Ready	Director	0.5	Director	$0	$0	$0

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	$124,526	$38,268	$4,327,076	$86,258
2024	No data	No data	No data	No data
2023	$146,008	$53,069	$3,545,976	$92,939
2022	$165,524	$64,080	$3,274,220	$101,444
2021	$175,022	$84,532	$3,169,428	$90,490
2020	$230,191	$181,231	$2,571,516	$48,960