INDEPENDENT SECTOR

EIN: 521081024 501(c)(3) Philanthropy & Grantmaking

WASHINGTON, DC

Total Revenue
$9,158,417
Total Expenses
$7,756,205
Total Assets
$21,918,940
Net Assets
$14,298,117
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
DC
Principal Officer
DR AKILAH WATKINS
Phone
2024676100
Tax Period
2024-01-01 to 2024-12-31

INDEPENDENT SECTOR, founded in 1980, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.2M in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 15% operating margin.

Mission

WE UNITE NONPROFITS AND PHILANTHROPY TO STRENGTHEN THE CHARITABLE SECTOR, IDENTIFYING STRUCTURAL CHALLENGES AND MOBILIZING THE SECTOR AROUND POLICY AND PRACTICE SOLUTIONS.

Program Service Accomplishments

Program 1
Expenses: $1,685,961

PUBLIC POLICY:INDEPENDENT SECTOR'S PUBLIC POLICY LEADERSHIP ACTIVITIES ARE FOCUSED ON RESEARCH, POLICY DEVELOPMENT, ANALYSIS, AND ADVOCACY EFFORTS TO ENSURE A HEALTHY, TRUSTED AND EQUITABLE NONPROFIT...

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PUBLIC POLICY:INDEPENDENT SECTOR'S PUBLIC POLICY LEADERSHIP ACTIVITIES ARE FOCUSED ON RESEARCH, POLICY DEVELOPMENT, ANALYSIS, AND ADVOCACY EFFORTS TO ENSURE A HEALTHY, TRUSTED AND EQUITABLE NONPROFIT SECTOR. IN 2024, WE CONTINUED TO ADDRESS CONCERNS ABOUT DECLINING CHARITABLE GIVING THROUGH PASSAGE OF LEGISLATION THAT WOULD CREATE A UNIVERSAL CHARITABLE DEDUCTION. WE ALSO CONTINUED TO ADVANCE OUR BI-PARTISAN NONPROFIT STAKEHOLDERS ENGAGING AND ADVANCING TOGETHER (NONPROFIT SEAT) LEGISLATION IN THE US HOUSE OF REPRESENTATIVES THAT WOULD ENSURE THE VOICE AND EXPERTISE OF THE NONPROFIT CHARITABLE SECTOR HAD PERMANENT REPRESENTATION WITHIN THE EXECUTIVE BRANCH OF THE FEDERAL GOVERNMENT. AS PART OF OUR SEAT AT THE TABLE INITIATIVE, INDEPENDENT SECTOR CO-HOSTED TWO WHITE HOUSE ROUNDTABLES IN 2024. THE FIRST FOCUSED ON THE STATE OF THE SECTOR'S WORKFORCE AND THE NEED FOR BETTER WORKFORCE DATA. THE SECOND ROUNDTABLE HAD SECTOR LEADERS AND WHITE HOUSE OFFICIALS EXCHANGING INSIGHTS AND SHARING STRATEGIES TO ADVANCE A JUST SOCIETY. WE ALSO BEGAN WORK ON A LEGISLATIVE INITIATIVE TO MAKE CERTAIN THAT NONPROFIT EMPLOYERS ARE ELIGIBLE FOR THE SAME TAX INCENTIVES AS THEIR FOR-PROFIT PEERS FOR INVESTMENT IN THEIR WORKFORCE THROUGH THE CREATION OF RETIREMENT PLANS AND FACILITY-BASED CHILDCARE. IS LAUNCHED AN INTERACTIVE DIGITAL NONPROFIT SECTOR STATE PROFILES RESOURCE, WHICH PROVIDES THE MOST RECENT DATA FOR ALL 50 STATES, THE DISTRICT OF COLUMBIA, AND THE UNITED STATES FROM THE IRS, BLS, CENSUS BUREAU, AMERICORPS, AND INDEPENDENT SECTOR'S OWN RESEARCH. INDEPENDENT SECTOR MEMBERS CAN USE THIS NATIONAL AND STATE DATA TO ADVOCATE MORE EFFECTIVELY WITH POLICYMAKERS, CONDUCT RESEARCH, AND LEARN MORE ABOUT THE SECTOR. IN 2024 WE CONCLUDED A TWO-YEAR SERIES OF REPORTS ON ADVOCACY PRACTICES IN THE NONPROFIT SECTOR AND WORKED WITH AN ADVISORY GROUP OF ADVOCATES TO DEFINE HIGH-PRIORITY INTERVENTIONS INFORMED BY THE RESEARCH. THIS AND OTHER INDEPENDENT SECTOR RESEARCH ALLOW US TO SHAPE MORE EFFECTIVE TOOLS AND TRAINING TO ENSURE NONPROFITS ARE INFORMED AND ACTIVE ADVOCATES. FINALLY, INDEPENDENT SECTOR'S PUBLIC POLICY PRIORITIES AND ADVOCACY EFFORTS ARE ADVANCED BY THE NONPROFIT INFRASTRUCTURE COALITION, A GROUP OF APPROXIMATELY 50 ORGANIZATIONS FROM ACROSS THE SECTOR, THAT ARE ALIGNED WITH THE CORE POLICY AIMS OF IS. THE COALITION IS CO-LED WITH KABOOM!

Program 2
Expenses: $1,305,819

COMMUNICATIONS:COMMUNICATIONS AMPLIFIES CRITICAL INFORMATION, ANALYSIS AND STORIES FOR A BROAD, DIVERSE AUDIENCE TO ADVANCE A HEALTHIER CHARITABLE SECTOR. THIS WORK INCLUDES DIGITAL AND PRINT...

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COMMUNICATIONS:COMMUNICATIONS AMPLIFIES CRITICAL INFORMATION, ANALYSIS AND STORIES FOR A BROAD, DIVERSE AUDIENCE TO ADVANCE A HEALTHIER CHARITABLE SECTOR. THIS WORK INCLUDES DIGITAL AND PRINT PUBLICATIONS, ANALYSIS AND PERSPECTIVES, AND OTHER RESOURCES DISSEMINATED ACROSS PROPRIETARY AND SOCIAL OR OTHER MEDIA CHANNELS. SAMPLE RESOURCES INCLUDE THE WEEKLY MEMBER NEWSLETTER THE DIGEST, WHICH INCLUDES NEWS AND EVENTS OF INTEREST TO OUR MEMBER ORGANIZATIONS; VOICES FOR GOOD, WHICH PRIMARILY FOCUSES ON THE ORGANIZATION'S PUBLIC POLICY WORK ON BEHALF OF THE SECTOR; AND CHANGEWORKS, WHICH LIFTS THE WORK OF OUR MEMBER ORGANIZATIONS. THIS WORK ALSO BRINGS VOICE AND VISIBILITY TO KEY CHARITABLE SECTOR RESEARCH IS CONDUCTS OR COMMISSIONS, INCLUDING THE PURSUIT OF INFLUENCE: INTERVIEWS WITH NONPROFIT LEADERS ABOUT ADVOCACY; ALICE IN THE NONPROFIT WORKFORCE: A STUDY OF FINANCIAL HARDSHIP, THE FIRST-EVER RESEARCH REPORT THAT FOUND THAT MORE THAN ONE IN FIVE NONPROFIT EMPLOYEES IN THE UNITED STATES STRUGGLE FINANCIALLY; AND INDEPENDENT SECTOR'S 2024 HEALTH OF THE U.S. NONPROFIT SECTOR: ANNUAL REVIEW, WHICH PROVIDED DATA, ANALYSIS, AND RECOMMENDATIONS ABOUT THE KEY AREAS POWERING MORE THAN 1.9 MILLION U.S. NONPROFITS, INCLUDING ECONOMY AND FINANCES, WORKFORCE, TRUST AND GOVERNANCE, AND PUBLIC POLICY ADVOCACY. IS ALSO PRODUCED HARNESSING OUR COLLECTIVE POWER, A COMPREHENSIVE REPORT SUMMARIZING KEY INSIGHTS FROM A NATIONAL LISTENING TOUR, CAPTURING NONPROFIT AND PHILANTHROPIC SECTOR CHALLENGES, TRENDS, AND OPPORTUNITIES.

Program 3
Expenses: $1,134,173

SECTOR HEALTH:INDEPENDENT SECTOR'S WORK ANALYZES AND SHARES INSIGHTS ON FOUR CORE ASPECTS OF THE CHARITABLE SECTOR'S HEALTH: (1) FINANCES; (2) WORKFORCE; (3) PUBLIC TRUST AND GOOD GOVERNANCE; (4)...

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SECTOR HEALTH:INDEPENDENT SECTOR'S WORK ANALYZES AND SHARES INSIGHTS ON FOUR CORE ASPECTS OF THE CHARITABLE SECTOR'S HEALTH: (1) FINANCES; (2) WORKFORCE; (3) PUBLIC TRUST AND GOOD GOVERNANCE; (4) POLICY ADVOCACY. RESEARCH FROM VARIOUS AUTHORITATIVE SOURCES IS COMPILED IN THE HEALTH OF THE US NONPROFIT SECTOR ANNUAL REPORT, WHICH WAS RELEASED IN DECEMBER 2024. DATA FINDINGS AND ANALYSIS IN THE REPORT ARE THEN USED TO INFORM POLICY AND PRACTICE INTERVENTIONS NEEDED TO BUILD A HEALTHIER CHARITABLE SECTOR. IS ALSO COMMISSIONS AND CONDUCTS ORIGINAL RESEARCH. IN 2024, WE CONDUCTED OUR FIFTH ANNUAL SURVEY ON PUBLIC TRUST IN NONPROFITS AND PHILANTHROPY, CONDUCTED IN PARTNERSHIP WITH EDELMAN DATA AND INTELLIGENCE. IN 2024, WE FOUND THAT THE NONPROFIT SECTOR IS THE MOST TRUSTED SECTOR OF AMERICAN SOCIETY, IN PART DUE TO CONCERNING LOSSES OF PUBLIC TRUST IN SMALL BUSINESSES AND LOCAL COMMUNITIES. IN 2024 WE CONCLUDED ANOTHER SIGNIFICANT BODY OF RESEARCH, ALSO COMMISSIONED BY INDEPENDENT SECTOR AND MENTIONED ABOVE, EXAMINING ADVOCACY ACTIVITIES BY NONPROFITS. THE QUANTITATIVE STUDY, RELEASED IN 2023, INDICATED CONCERNING DOWNWARD TRENDS IN POLICY ADVOCACY BY NONPROFIT ORGANIZATIONS. IN 2024, WE RELEASED A COMPLEMENTARY QUALITATIVE STUDY THAT PROVIDED MORE INSIGHT INTO HOW AND WHY NONPROFIT ORGANIZATIONS DO OR DO NOT ADVOCATE. ALL OF INDEPENDENT SECTOR'S RESEARCH, TRUE TO IS PRACTICE, IS INTENDED TO INFORM TOOLS, TRAININGS, AND OTHER INTERVENTIONS TO STRENGTHEN THE HEALTH OF THE NONPROFIT SECTOR.

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,166,938
Program Service Revenue $9,580
Investment Income $201,491
Other Revenue $-219,592
TOTAL REVENUE $9,158,417

Expense Breakdown

Grants Paid $5,500
Salaries & Benefits $4,276,743
Fundraising Expenses $850,036
Program Expenses $5,175,171
Other Expenses $3,269,212
TOTAL EXPENSES $7,756,205

Year-over-Year Comparison

2024 2023 Change
Revenue $9,158,417 $5,511,238 +0.7%
Expenses $7,756,205 $9,265,562 -0.2%
Net Income $1,402,212 $-3,754,324 -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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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
34
Volunteers
85

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
11
$1,332,837
Total Directors
22
$664,839
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AKILAH WATKINS PRESIDENT & CHIEF EXECUTIVE OFFICER 38.00
Officer Director
$592,680 $72,159 $664,839
FRED BLACKWELL CHAIRMAN (THRU 10/2024) 1.00
Officer Director
$0 $0 $0
REV ADAM RUSSELL TAYLOR CHAIRMAN (BEG 10/2024) 1.00
Officer Director
$0 $0 $0
SARAH KASTELIC VICE CHAIRMAN (THRU 10/2024) 1.00
Officer Director
$0 $0 $0
DR JOHN BROTHERS VICE CHAIRMAN (THRU 10/2024) 1.00
Officer Director
$0 $0 $0
DR MICHAEL MCAFEE SECRETARY (THRU 10/2024) 1.00
Officer Director
$0 $0 $0
SONYA CAMPION SECRETARY (BEG 10/2024) 1.00
Officer Director
$0 $0 $0
JENNIFER FORD REEDY TREASURER (THRU 10/2024) 1.00
Officer Director
$0 $0 $0
LYSA RATLIFF TREASURER (BEG 10/2024) 1.00
Officer Director
$0 $0 $0
PHOEBE BOYER BOD, AT LARGE (THRU 9/2024) 1.00
Director
$0 $0 $0
DR MANUEL PASTOR BOD, AT LARGE (BEG 10/2024) 1.00
Director
$0 $0 $0
ANN MEI CHANG BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
HILLARY PENNINGTON BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
JULIE GEHRKI BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
SUZANNE MCCORMICK BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
ISAIAH OLIVER BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
JOSE ANTONIO TIJERINO BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
JACQUELINE MARTINEZ GARCEL BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
JANEEN COMENOTE BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
RICHARD E BESSER BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
NICOLE ANDERSON BOARD OF DIRECTOR (THRU 10/2024) 1.00
Director
$0 $0 $0
JANINE LEE BOARD OF DIRECTOR (THRU 4/2024) 1.00
Director
$0 $0 $0
RICK ROBINSON CHIEF OPERATING OFFICER 38.00
Officer
$313,274 $47,164 $360,438
JEFF MOORE CHIEF STRATEGY OFFICER 38.00
Officer
$262,657 $44,903 $307,560
RHEA ILAGAN DIRECTOR, FINANCE 38.00
Highest
$163,987 $28,808 $192,795
BENJAMIN KERSHAW DIR, PUBLIC POLICY & GOV'T 38.00
Highest
$158,495 $15,182 $173,677
ELYSE HARRINGTON DIRECTOR OF OPERATIONS 38.00
Highest
$160,863 $18,181 $179,044
AIDA GUEYE DIRECTOR, PEOPLE AND CULTURE 38.00
Highest
$141,047 $22,522 $163,569
KEVIN MILLER DIRECTOR, RESEARCH & POLICY ANALYSIS 38.00
Highest
$148,474 $18,806 $167,280
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 $9,158,417 $7,756,205 $21,918,940 $1,402,212
2023 $5,511,238 $9,265,562 $26,442,547 $-3,754,324
2022 $5,491,808 $9,873,211 $29,783,681 $-4,381,403
2021 $7,811,230 $9,185,988 $43,964,742 $-1,374,758
2020 $15,271,435 $8,405,354 $46,005,638 $6,866,081
2019 $8,244,296 $9,411,493 $39,594,883 $-1,167,197
2018 $8,823,477 $9,817,056 $40,191,068 $-993,579
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