DEMOCRATIZING PHILANTHROPY PROJECT

EIN: 882293441 501(c)(3) Community Improvement

SEATTLE, WA

Total Revenue
$605,000
Total Expenses
$626,915
Total Assets
$573,885
Net Assets
$339,531
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
VIVIAN CHANG
Phone
4154217555
Tax Period
2024-01-01 to 2024-12-31

DEMOCRATIZING PHILANTHROPY PROJECT, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $605K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring.

Mission

DEMOCRATIZING PHILANTHROPY PROJECT GIVES ORGANIZATIONS ADDRESSING THE SYSTEMIC ISSUES FACING OUR NATION THE ABILITY TO BUILD A POWERFUL, LASTING REVENUE STREAM AND NETWORK OF ENGAGED ACTIVISTS AND DONORS THEY CAN RELY ON. SPECIFICALLY, WE WORK TO HELP ORGANIZATIONS TEST OUT AND BUILD NEW APPROACHES TO EARNING REVENUE; ENSURE VULNERABLE ORGANIZATIONS HAVE MORE POWER, HAVE MORE FLEXIBILITY IN HOW TO SPEND THOSE RESOURCES, AND RESPOND MORE NIMBLY AND RAPIDLY TO CRITICAL NEEDS AS THEY EMERGE; EXPAND THE SMALL DONOR APPARATUS TO GRASSROOTS, NONPROFITS, HISTORICALLY EXCLUDED FRONTLINE ORGANIZATIONS; AND CONVERT NATIONAL INTEREST IN RACIAL AND SOCIAL JUSTICE INTO LONG-TERM FINANCIAL STRENGTH FOR CHRONICALLY UNDERFUNDED AND HISTORICALLY NEGLECTED ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $158,461

ACCELERATOR: DEMOCRATIZING PHILANTHROPY PROJECT'S ACCELERATOR PROGRAM IS A COHORT-BASED MODEL DESIGNED TO SUPPORT PROGRESSIVE NON-PROFITS IN GROWING THEIR CAPACITY AROUND SMALL DONOR REVENUE...

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ACCELERATOR: DEMOCRATIZING PHILANTHROPY PROJECT'S ACCELERATOR PROGRAM IS A COHORT-BASED MODEL DESIGNED TO SUPPORT PROGRESSIVE NON-PROFITS IN GROWING THEIR CAPACITY AROUND SMALL DONOR REVENUE GENERATION. UTILIZING LEAD GENERATION AND OTHER DIGITAL FUNDRAISING TACTICS, PARTICIPATING ORGANIZATIONS WILL COME TOGETHER OVER FOUR MONTHS FOR WEEKLY WORKSHOPS, INDIVIDUALIZED COACHING, AND ASYNCHRONOUS LEARNING VIA A SHARED SLACK CHANNEL AND GOOGLE DRIVE. ORGANIZATIONS IN AN ACCELERATOR COHORT ALSO RECEIVE CAPACITY BUILDING GRANTS AND ALONG WITH ADDITIONAL GRANT INVESTMENTS FOR LEAD GENERATION. THE ACCELERATOR COHORT AIMS TO BUILD LARGER, MORE ENGAGED EMAIL LISTS WHILE PROVIDING SUPPORT TO CONVERT THOSE NAMES INTO TRUSTED ACTIVISTS AND COMMITTED DONORS.

Program 2
Expenses: $37,710

RAPID RESPONSE: RAPID RESPONSE IS A PROGRAM DESIGNED TO SUPPORT ORGANIZATIONS TO ENGAGE IN RAPID RESPONSE FUNDRAISING WHEN THE PUBLIC SUPPORT IS THERE FOR THEM.

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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 $605,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $605,000

Expense Breakdown

Grants Paid $83,165
Salaries & Benefits $0
Fundraising Expenses $13,590
Program Expenses $196,171
Other Expenses $543,750
TOTAL EXPENSES $626,915

Year-over-Year Comparison

2024 2023 Change
Revenue $605,000 $900,277 -0.3%
Expenses $626,915 $1,977,865 -0.7%
Net Income $-21,915 $-1,077,588 -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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Financial Health Indicators

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Liquidity & Cash Position

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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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSIE HANKINS DIRECTOR 40.00
Director
$0 $0 $0
IARA D PENG BOARD CHAIR 2.00
Officer Director
$0 $0 $0
WILL ROCKAFELLOW SECRETARY/TR 2.00
Officer Director
$0 $0 $0
JOSHUA STEARNS DIRECTOR 1.00
Director
$0 $0 $0
VIVIAN CHANG EXECUTIVE DI 32.00
Officer
$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 $605,000 $626,915 $573,885 $-21,915
2023 $900,277 $1,977,865 $977,580 $-1,077,588
2022 $550,000 $15,862 $544,694 $534,138
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