Progressive Multiplier Fund

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Bethany Maki

Phone

2023501918

Tax Period

2023-07-01 to 2024-06-30

Progressive Multiplier Fund, founded in 2018, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.0M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $940K, a strong 32% operating margin.

Mission

We help organizations build a progressive movement of, by, and for everyday people. We do this by organizing and leveraging funding to create onramps for progressive organizations to start, strengthen or scale individual giving and earned revenue programs.

Program Service Accomplishments

Program 1

Expenses: $1,470,263 Revenue: $30,000

Financing revenue generation projects for progressive organizations, and in turn, shares fundraising knowledge gained within the progressive movement.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,929,000

Program Service Revenue $30,000

Investment Income $10,320

Other Revenue $975

TOTAL REVENUE $2,970,295

Expense Breakdown

Grants Paid $620,020

Salaries & Benefits $1,067,366

Fundraising Expenses $221,571

Program Expenses $1,470,263

Other Expenses $342,762

TOTAL EXPENSES $2,030,148

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,970,295	$2,601,360	+0.1%
Expenses	$2,030,148	$1,857,149	+0.1%
Net Income	$940,147	$744,211	+0.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$223,657

Total Directors

Key Employees

$166,222

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Margaret Huang	Board Co-President	0.10	Officer Director	$0	$0	$0
Lea Madry	Board Co-President	0.10	Officer Director	$0	$0	$0
Jen Matheson	Board Treasurer	0.10	Officer Director	$0	$0	$0
Prentiss Haney	Board Secretary	0.10	Officer Director	$0	$0	$0
Adrian Haro	Board Member PMF	0.10	Director	$0	$0	$0
Bethany Maki	Executive Director	20.00	Officer	$195,662	$27,995	$223,657
Polly Stamatopoulos	Senior Director	20.00	Key Emp	$152,625	$13,597	$166,222

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	No data	No data	No data	No data
2024	$2,970,295	$2,030,148	$2,401,130	$940,147
2023	$2,601,360	$1,857,149	$1,325,366	$744,211
2022	$1,927,337	$1,957,289	$799,490	$-29,952
2021	$578,179	$1,017,183	$755,360	$-439,004
2020	$1,695,953	$772,593	$1,415,461	$923,360
2019	$818,244	$705,907	$170,866	$112,337