Democracy Fund Voice Inc

EIN: 465051755 Public & Societal Benefit

Washington, DC

Total Revenue
$28,799,967
Total Expenses
$20,332,900
Total Assets
$20,306,508
Net Assets
$14,114,031
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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
2014
Legal Domicile
DE
Principal Officer
Joseph Goldman
Phone
2024207943
Tax Period
2023-01-01 to 2023-12-31

Democracy Fund Voice Inc, founded in 2014, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $28.8M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.5M, a strong 29% operating margin.

Mission

An organization that conducts and supports advocacy to produce a stronger U.S. democracy.

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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 $28,499,781
Program Service Revenue $0
Investment Income $300,186
Other Revenue $0
TOTAL REVENUE $28,799,967

Expense Breakdown

Grants Paid $16,475,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,027,460
Other Expenses $3,857,900
TOTAL EXPENSES $20,332,900

Year-over-Year Comparison

2023 2022 Change
Revenue $28,799,967 $23,547,364 +0.2%
Expenses $20,332,900 $18,719,284 +0.1%
Net Income $8,467,067 $4,828,080 +0.8%
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
3
Independent Members
3
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
$1,170,435
Total Directors
5
$20,000
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robinson Jacobs Director 1.75
Director
$0 $0 $0
Patricia L Christen Chairman 0.42
Director
$0 $0 $0
Deepak Bhargava as of March Director 0.25
Director
$0 $0 $20,000
Stacy Donohue through March Director 0.25
Director
$0 $0 $0
Jeff Alvord through March Director 1.46
Director
$0 $0 $0
Joseph Goldman President & CEO 8.00
Officer
$0 $54,505 $576,918
Deepa Isac General Counsel & Secretary 4.00
Officer
$0 $37,019 $330,542
Robin Thompson Treasurer & Sr Director of Finance 4.00
Officer
$0 $32,562 $262,975
Thomas Glaisyer Managing Program Director 8.00
Highest
$0 $38,897 $343,216
Laura Chambers Chief Operating Officer 4.00
Highest
$0 $45,101 $439,863
Lauren Strayer Managing Communications Director 5.00
Highest
$0 $31,740 $312,470
Kelly Reed Deputy Chief Operating Officer 4.00
Highest
$0 $34,955 $312,552
Lara Flint Managing Program Director 6.00
Highest
$0 $38,515 $340,837
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 $28,799,967 $20,332,900 $20,306,508 $8,467,067
2022 $23,547,364 $18,719,284 $9,579,184 $4,828,080
2021 $19,697,419 $17,988,374 $4,065,854 $1,709,045
2020 $14,743,220 $15,352,680 $1,287,313 $-609,460
2019 $9,349,217 $8,931,813 $1,320,076 $417,404
2018 $5,650,017 $6,259,897 $508,815 $-609,880
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