NATIONAL REDISTRICTING ACTION FUND

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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

2017

Legal Domicile

Principal Officer

JOHN BISOGNANO

Phone

2028690580

Tax Period

2024-07-01 to 2025-06-30

NATIONAL REDISTRICTING ACTION FUND, founded in 2017, is a community nonprofit in the Civil Rights & Advocacy sector that reported $2.9M in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $4.2M exceeded revenue, resulting in a 42% operating deficit.

Mission

THE NATIONAL REDISTRICTING ACTION FUND SEEKS TO RAISE AWARENESS OF RACIAL AND PARTISAN GERRYMANDERING THROUGH ADVOCACY AND EDUCATIONAL MEANS. THE ACTION FUND WILL ENGAGE IN WORK THAT AFFECTS THE REDISTRICTING PROCESS.

Program Service Accomplishments

Program 1

Expenses: $2,534,676

ENGAGE IN ADVOCACY AND EDUCATIONAL EFFORTS RELATED TO THE REDISTRICTING OF FEDERAL AND STATE DISTRICT BOUNDARIES.

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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 $2,943,269

Program Service Revenue $0

Investment Income $0

Other Revenue $-20,998

TOTAL REVENUE $2,922,271

Expense Breakdown

Grants Paid $1,550,000

Salaries & Benefits $1,232,838

Fundraising Expenses $680,099

Program Expenses $2,534,676

Other Expenses $1,249,806

TOTAL EXPENSES $4,161,384

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,922,271	$5,247,289	-0.4%
Expenses	$4,161,384	$3,385,399	+0.2%
Net Income	$-1,239,113	$1,861,890	-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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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

Volunteers

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

$773,254

Total Directors

$292,587

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BISOGNANO	PRESIDENT	017.00	Officer Director	$109,696	$31,924	$292,587
MARINA JENKINS	EXECUTIVE DIRECTOR	007.00	Officer	$78,199	$28,376	$254,932
KIRSTEN COLLINGS	CHIEF OPERATING FINANCIAL OFFICER	014.00	Officer	$73,988	$25,229	$225,735
CLAIRE LOW	POLITICAL AND CAMPAIGNS DIRECTOR	013.00	Highest	$116,025	$21,860	$198,986
KELLY BURTON	DIRECTOR	001.00	Director	$0	$0	$0
DWIGHT BUSH	DIRECTOR	001.00	Director	$0	$0	$0
ERIC HOLDER	DIRECTOR	001.00	Director	$0	$0	$0
TERRY MCAULIFFE	DIRECTOR	001.00	Director	$0	$0	$0
ELISABETH PEARSON	DIRECTOR	001.00	Director	$0	$0	$0
MITCH STEWART	TREASURER	001.00	Officer 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	$2,922,271	$4,161,384	$3,036,559	$-1,239,113
2024	$5,247,289	$3,385,399	$4,411,573	$1,861,890
2023	$7,328,784	$4,977,211	$2,843,561	$2,351,573
2022	$28,659,320	$30,144,280	$1,576,267	$-1,484,960
2021	$27,305,637	$28,039,054	$2,491,471	$-733,417
2020	$6,880,240	$6,860,733	$2,532,201	$19,507
2019	$4,081,820	$4,767,247	$2,187,724	$-685,427