INSTITUTE FOR AMERICAS FUTURE INC

EIN: 521971942 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$203,014
Total Expenses
$195,821
Total Assets
$324,030
Net Assets
$298,733
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
DC
Principal Officer
ROGER HICKEY
Phone
2022700300
Tax Period
2024-01-01 to 2024-12-31

INSTITUTE FOR AMERICAS FUTURE INC, founded in 1996, is a small nonprofit in the Education sector that reported $203K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $196K left a modest 4% surplus.

Mission

IAF'S PURPOSE IS TO CONDUCT RESEARCH AND PUBLICIZE FINDINGS CONCERNING CITIZEN'S ATTITUDES ABOUT ECONOMIC OPTIONS CONFRONTING AMERICA. IAF IS DEVOTED TO FOSTERING A ROBUST AND DEMOCRATIC DEBATE ABOUT IDEAS THAT WILL SHAPE OUR COUNTRY'S FUTURE. THE INSTITUTE FOR AMERICA'S FUTURE

Program Service Accomplishments

Program 1
Expenses: $53,205

FOREIGN AFFAIRS:WORK BY ROBERT BOROSAGE +OTHER PROGRAMSRobert Borosage is writing regularly on economics and politics at The Nation and is reprinted in many other places. He is also involved in...

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FOREIGN AFFAIRS:WORK BY ROBERT BOROSAGE +OTHER PROGRAMSRobert Borosage is writing regularly on economics and politics at The Nation and is reprinted in many other places. He is also involved in regular work with key leaders of progressive organizations. He also acts as an advisor to the non-profit Congressional Progressive Caucus Center.

Program 2
Expenses: $42,705

ECONOMY PLEDGE:ROGER HICKEY HAS CONTINUED TO WORK TO BUILD SUPPORT FOR OUR SOLIDARITY AGENDA PLEDGE TO FIGHT FOR JOBS, SUSTAINABILITY AND ECONOMIC JUSTICE, WHICH HAS BEEN SIGNED BY MORE THAN 20,000...

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ECONOMY PLEDGE:ROGER HICKEY HAS CONTINUED TO WORK TO BUILD SUPPORT FOR OUR SOLIDARITY AGENDA PLEDGE TO FIGHT FOR JOBS, SUSTAINABILITY AND ECONOMIC JUSTICE, WHICH HAS BEEN SIGNED BY MORE THAN 20,000 ACTIVISTS AS WELL AS THE ORIGINAL 100 PROMINENT SIGNERS. OVER RECENT YEARS, THE NATIONAL DEBATE OVER REBUILDING THE ECONOMY AFTER THE COVID-TRIGGERED ECONOMY HAS BEEN INFLUENCED BY THE SOLIDARITY AGENDA PLEDGE AND IT'S FIVE-POINT PROGRAM.IN RECENT MONTHS, HICKEY AND OTHER ORIGINAL SIGNERS HAVE DISTRIBUTED ARTICLES BY THOSE SIGNERS VIA THE SOLIDARITY AGENDA BLOG.THE MAJOR PRINCIPLES OF THE SOLIDARITY AGENDA REMAIN THE SAME, WITH THE ADDITION OF TWO ADDITIONAL PRINCIPLES, VI AND VII:I. INVEST IN ECONOMIC RECOVERY, SUSTAINABLE GROWTH AND GREEN JOBSII. FIGHT INEQUALITYIII. A NEW SOCIAL CONTRACTIV. TRANSFORM CORPORATE POWER INSTITUTE FOR AMERICA'S FUTURE, INC. 52-1971942V. A GLOBAL ECONOMIC STRATEGY FOR WORKING AMERICANSVI. GUARANTEE THE CONSTITUTIONAL RIGHT OF WOMEN TO CONTROL THEIR REPRODUCTIVE DECISIONS.VII. ALL AMERICANS HAVE A RIGHT TO A DEMOCRACY FOR ALL PEOPLE - AND IN EVERY PART OF THE COUNTRY.HICKEY AND OTHER SIGNERS HAVE BEEN WORKING WITH GROUPS AND COALITIONS THAT HAVE BEEN ORGANIZING AROUND KEY PARTS OF THE SOLIDARITY AGENDA CONTINUING TO BUILD THE DEBATE AROUND THE REMAINING WORK THAT NEEDS TO BE DONE AROUND ECONOMIC RECOVERY, GLOBAL WARMING, FIGHTING INEQUALITY, AN EXPANDED SOCIAL CONTRACT, NEEDED CHANGES TO THE POWER OF CORPORATIONS AND A GLOBAL STRATEGY FOR WORKING AMERICANS. OVER MANY YEARS ARTICLES WRITTEN FOR IAF AND CAF HAVE BEEN PUBLISHED ON OUR BLOG. BUT IN RECENT YEARS IT HAS BECOME HARDER TO FIND THOSE BLOG POSTS. SO IN LATE 2022 WE BEGAN AN EFFORT TO COLLECT THOSE BLOG POSTS AND TO MAKE THEM AVAILABLE ON OUR SOLIDARITY AGENDA WEBSITE.ROBERT BOROSAGE IS WRITING REGULARLY ON ECONOMICS AND POLITICS AT THE NATION, AND THOSE ARTICLES ARE REPRINTED IN MANY OTHER PLACES. HE IS ALSO INVOLVED IN REGULAR WORK WITH KEY CONGRESSIONAL LEADERS AND LEADERS OF PROGRESSIVE ORGANIZATIONS AND HE SERVES AS PRESIDENT OF THE NEWLY-REVITALIZED CONGRESSIONAL PROGRESSIVE CAUCUS CENTER.

Program 3
Expenses: $12,711

Progressive Leadership Institute:PROGRESSIVE LEADERSHIP INSTITUTE OPERATES AS A CONSORTIUM OF RESEARCHERS AND PRACTITIONERS WHO SEEK TO IDENTIFY EFFECTIVE INTERVENTIONS TO ADDRESS WAYS IN WHICH...

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Progressive Leadership Institute:PROGRESSIVE LEADERSHIP INSTITUTE OPERATES AS A CONSORTIUM OF RESEARCHERS AND PRACTITIONERS WHO SEEK TO IDENTIFY EFFECTIVE INTERVENTIONS TO ADDRESS WAYS IN WHICH SOCIAL IDENTITY DIFFERENCES RESULT IN SYSTEMATIC AND INDIVIDUAL INEQUITY. WE RELY HEAVILY ON SOCIAL SCIENCE SOCIAL PSYCHOLOGY, COGNITIVE NEUROSCIENCE, AND SOCIOLOGY TO UNDERSTAND THE MECHANISMS UNDERLYING INEQUITY RESULTING FROM HUMAN BEHAVIOR AND INSTITUTIONAL OUTCOMES. WE ASSESS HOW INTERVENTIONS FROM A WIDE ARRAY OF CONTEXTS INDIGENOUS PRACTICES, MEDIATION, RESTORATIVE JUSTICE FRAMEWORKS, COGNITIVE PSYCHOLOGY CAN BE EMPLOYED TO CHANGE INSTITUTIONAL DYNAMICS. WE ALSO ENGAGE IN ORIGINAL RESEARCH.

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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 $187,435
Program Service Revenue $0
Investment Income $1,971
Other Revenue $13,608
TOTAL REVENUE $203,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $142,806
Fundraising Expenses $13,010
Program Expenses $108,621
Other Expenses $53,015
TOTAL EXPENSES $195,821

Year-over-Year Comparison

2024 2023 Change
Revenue $203,014 $156,181 +0.3%
Expenses $195,821 $360,872 -0.5%
Net Income $7,193 $-204,691 -1.0%
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
7
Independent Members
5
Employees
1
Volunteers
7

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
$132,580
Total Directors
7
$90,580
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT BOROSAGE CHAIR/PRES/CO-D 1.00
Officer Director
$50,580 $0 $50,580
ERIC K MILLS CFO 20.00
Officer
$42,000 $0 $42,000
ROGER HICKEY SEC/TREAS/CO-DI 8.00
Officer Director
$40,000 $0 $40,000
ROBERT JOHNSON DIRECTOR 0.05
Director
$0 $0 $0
MARGERY TABANKIN DIRECTOR 0.05
Director
$0 $0 $0
KATRINA VANDEN HEUVEL DIRECTOR 0.05
Director
$0 $0 $0
JANET DEWART BELL DIRECTOR 0.05
Director
$0 $0 $0
NANCY ALTMAN DIRECTOR 0.05
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
2024 $203,014 $195,821 $324,030 $7,193
2023 $156,181 $360,872 $300,540 $-204,691
2022 $838,948 $1,441,447 $608,575 $-602,499
2021 $1,897,121 $2,191,558 $1,436,537 $-294,437
2020 $1,135,127 $1,676,120 $1,662,643 $-540,993
2019 $2,755,526 $1,742,570 $2,019,382 $1,012,956
2018 $2,334,182 $2,046,298 $1,009,010 $287,884
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