Civic Intelligence

The Third Way Foundation Inc.

990 • Fiscal year 2023 • EIN 52-1629221

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 07, 2024

Organization ProfileWWW.PROGRESSIVEPOLICY.ORG

View Organization Page

1156 15th Street NW 400Washington, DC 20005

(202) 525-3926

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

45th percentile

0.14x

Higher debt load relative to assets than 45% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.28x

Higher debt load relative to revenue than 54% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

78th percentile

$294,567

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

88th percentile

41%

Faster asset growth than 88% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

77th percentile

25%

Faster revenue growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets45th percentile

Assets

Flat

$18,305,774

Flat from 2023

Net Assets

Flat

$15,695,370

Flat from 2023

Liabilities

Flat

$2,610,404

Flat from 2023

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin72nd percentile

Revenue

Flat

$9,169,792

Flat from 2023

Expenses

Flat

$7,637,914

Flat from 2023

Net Income

Flat

$1,531,878

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $469,151Liabilities 2010: $539,292Net Assets 2010: -$70,1412010Assets 2011: $451,406Liabilities 2011: $403,406Net Assets 2011: $48,0002011Assets 2012: $125,483Liabilities 2012: $20,000Net Assets 2012: $105,4832012Assets 2013: $433,410Liabilities 2013: $122,531Net Assets 2013: $310,8792013Assets 2014: $367,568Liabilities 2014: $0Net Assets 2014: $367,5682014Assets 2015: $367,568Liabilities 2015: $0Net Assets 2015: $367,5682015Assets 2016: $473,466Liabilities 2016: $0Net Assets 2016: $473,4662016Assets 2017: $840,020Liabilities 2017: $74,785Net Assets 2017: $765,2352017Assets 2018: $964,487Liabilities 2018: $82,813Net Assets 2018: $881,6742018Assets 2019: $904,425Liabilities 2019: $29,213Net Assets 2019: $875,2122019Assets 2020: $11,136,110Liabilities 2020: $297,006Net Assets 2020: $10,839,1042020Assets 2021: $12,806,681Liabilities 2021: $7,783Net Assets 2021: $12,798,8982021Assets 2022: $13,009,369Liabilities 2022: $4,794Net Assets 2022: $13,004,5752022Assets 2023: $18,305,774Liabilities 2023: $2,610,404Net Assets 2023: $15,695,3702023Assets 2023: $18,305,774Liabilities 2023: $2,610,404Net Assets 2023: $15,695,3702023Assets 2024: $19,110,224Liabilities 2024: $2,526,573Net Assets 2024: $16,583,6512024

Highlighted filing

2023

Assets$18,305,774
Liabilities$2,610,404
Net Assets$15,695,370
Open 2023 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2010: $905,960Expenses 2010: $1,082,972Net Income 2010: -$177,0122010Revenue 2011: $1,030,281Expenses 2011: $991,281Net Income 2011: $39,0002011Revenue 2012: $1,366,000Expenses 2012: $1,243,417Net Income 2012: $122,5832012Revenue 2013: $1,903,318Expenses 2013: $1,592,439Net Income 2013: $310,8792013Revenue 2014: $1,940,413Expenses 2014: $1,986,255Net Income 2014: -$45,8422014Revenue 2015: $1,940,413Expenses 2015: $1,986,255Net Income 2015: -$45,8422015Revenue 2016: $2,743,046Expenses 2016: $2,269,580Net Income 2016: $473,4662016Revenue 2017: $3,101,404Expenses 2017: $2,885,081Net Income 2017: $216,3232017Revenue 2018: $3,779,404Expenses 2018: $3,662,965Net Income 2018: $116,4392018Revenue 2019: $3,920,478Expenses 2019: $3,926,941Net Income 2019: -$6,4632019Revenue 2020: $13,724,985Expenses 2020: $3,761,093Net Income 2020: $9,963,8922020Revenue 2021: $7,131,320Expenses 2021: $5,426,330Net Income 2021: $1,704,9902021Revenue 2022: $7,340,480Expenses 2022: $6,197,734Net Income 2022: $1,142,7462022Revenue 2023: $9,169,792Expenses 2023: $7,637,914Net Income 2023: $1,531,8782023Revenue 2023: $9,169,792Expenses 2023: $7,637,914Net Income 2023: $1,531,8782023Revenue 2024: $11,097,849Expenses 2024: $10,900,240Net Income 2024: $197,6092024

Highlighted filing

2023

Revenue$9,169,792
Expenses$7,637,914
Net Income$1,531,878
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 7, 2024
Return Version
2023v5.1
Gross Receipts
$10,976,123
Mission and Program Overview

Mission

To advance the cause of progressive government in america by promoting civic responsibility and public entrepreneurship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,056,088$13,586,806▲ $2,530,718
Cash and Non-Interest-Bearing Accounts$1,923,055$1,982,981▲ $59,926
Pledges and Grants Receivable-$60,000-
Prepaid Expenses and Deferred Charges$18,123--
Land, Buildings, and Equipment, Net$12,103$10,740▼ $1,363
Total Assets$13,009,369$18,305,774▲ $5,296,405
Other Assets Total$0$2,665,247▲ $2,665,247
Liabilities
Other Liabilities$4,794$2,610,404▲ $2,605,610
Total Liabilities$4,794$2,610,404▲ $2,605,610
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,004,575$15,555,370▲ $2,550,795
Net Assets With Donor Restrictions-$140,000-
Total Net Assets Fund Balance$13,004,575$15,695,370▲ $2,690,795
Total Liabilities and Net Assets / Fund Balance$13,009,369$18,305,774▲ $5,296,405

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,740$14,107$24,847
Other Land Buildings$0$15,911$15,911
Other Assets Org$2,665,247--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lindsay Mark LewisExecutive DirectorFT$294,567$294,567
William MarshallPresidentFT$255,000$255,000
Michael MandelChief EconomistFT$240,000$240,000
Edward GresserVice PresidentFT$219,000$219,000
Benjamin a RitzDirectorFT$152,500$152,500
Sarah PadenVice PresidentFT$142,076$142,076
Curtis ValentineCo-directorFT$135,507$135,507
Tressa a PankovitsCo-directorFT$135,507$135,507
Steven Neely BrownDirectorFT$125,500$125,500
Stuart MalecDirectorFT$123,931$123,931
Diana MossVice PresidentFT$77,500$77,500

Board Members and Trustees

NameTitle
Bill BudingerDirector
Chris KellyDirector
Paul Weinstein JrDirector
William GalstonDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Expedition StrategiesIntegrated Marketing2010 N ROOSEVELT ST, Arlington, VA 22205$130,497
Revenue and Support

Revenue Composition

Contributions and Grants
$8,915,528
Program Service Revenue
$0
Investment Income
$249,706
Other Revenue
$4,558
All Other Contributions
$8,385,028
Change in Net Assets
$1,531,878

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,169,795
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,057,211
Total Revenue per Audited Statements
$10,227,006
Total Revenue per Form 990
$9,169,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,513,452
Other Expenses$3,044,159
Grants and Similar Amounts Paid$80,303
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,624,738$58,913-$3,683,651
Travel$1,012,003$429-$1,012,432
Fees for Services Other$760,214$76,351-$836,565
Other Employee Benefits$511,046$8,306-$519,352
Occupancy$347,816$5,653-$353,469
Payroll Taxes$305,484$4,965-$310,449
Fees for Services Legal$96,409--$96,409
Advertising$91,761--$91,761
Foreign Grants$80,303--$80,303
Fees for Service Investment Mgmnt Fees-$55,166-$55,166
All Other Expenses$26,821$25,670-$52,491
Office Expenses$38,725$629-$39,354
Other Expenses$28,379$10,514-$28,379
Fees for Services Management-$21,000-$21,000
Fees for Services Accounting$15,605--$15,605
Insurance$6,401$104-$6,505
Depreciation Depletion$4,649$76-$4,725
Total Functional Expenses$7,369,302$268,612$0$7,637,914

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Audited Statements$0
Total Expenses per Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$2,601,545
Credit Cards$8,859
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The foundation does not have a committee of the board”

Form 990, Part VI, Section B, Line 12C

“All employees are informed of the conflict of interes policy of the foundation”

Form 990, Part VI, Section B, Line 15

“The foundation does not have a committee of the board”

Form 990, Part VI, Section C, Line 18

“The foundation makes all documents available upon request”

Form 990, Part VI, Section C, Line 19

“All employees are informed of the conflict of interest policy of the foundation”

Filing and Contact Details

Filer

Filer Name
The Third Way Foundation Inc
EIN
52-1629221
Phone
2025253926
Address
1156 15TH STREET NW 400, WASHINGTON, DC 20005
Doing Business As
Progressive Policy Institute

Signing Officer

Name
Lindsay Lewis
Title
Executive Director
Phone
2025253926
Signed
2024-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lindsay Lewis
Formed
1989
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
6
Employees
45
Volunteers
0

Preparer

Firm
Compass US Accountants & Advisors
Address
8120 WOODMONT AVENUE 400, BETHESDA, MD 20814
Preparer
William J Caldwell CPA
Phone
3019418090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract services: program service expenses 246,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 246,500. Payroll processing: program service expenses 363. Management and general expenses 8,014. Fundraising expenses 0. Total expenses 8,377. Outside writers: program service expenses 513,351. Management and general expenses 68,337. Fundraising expenses 0. Total expenses 581,688.”

Financial Statement Notes

PART X, LINE 2:

“Third way foundation has adopted fasb asc 740-10, income taxes, which prescribes measurement and disclosure requirements for current and deferred income tax provbisions. The interpretation provides for a consistent approach in identifying and reporting uncertain tax positions. It is managements belief that third way foundation does not hold any uncertain tax positions.”

Raw XML AppendixShowing 400 of 651 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ADVANCE THE CAUSE OF PROGRESSIVE GOVERNMENT IN AMERICA BY PROMOTING CIVIC RESPONSIBILITY AND PUBLIC ENTREPRENEURSHIP.
IRS990/AdvertisingGrp/ProgramServicesAmt091761
IRS990/AdvertisingGrp/TotalAmt091761
IRS990/AllOtherContributionsAmt08385028
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt025670
IRS990/AllOtherExpensesGrp/ProgramServicesAmt026821
IRS990/AllOtherExpensesGrp/TotalAmt052491
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LINDSAY LEWIS
IRS990/BooksInCareOfDetail/PhoneNum02025253926
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 NEW HAMPSHIRE AVE NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020036
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01923055
IRS990/CashNonInterestBearingGrp/EOYAmt01982981
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0130497
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02010 N ROOSEVELT ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ARLINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd022205
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0EXPEDITION STRATEGIES
IRS990/ContractorCompensationGrp/ServicesDesc0INTEGRATED MARKETING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08915528
IRS990/CYGrantsAndSimilarPaidAmt080303
IRS990/CYInvestmentIncomeAmt0249706
IRS990/CYOtherExpensesAmt03044159
IRS990/CYOtherRevenueAmt04558
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01531878
IRS990/CYSalariesCompEmpBnftPaidAmt04513452
IRS990/CYTotalExpensesAmt07637914
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09169792
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt076
IRS990/DepreciationDepletionGrp/ProgramServicesAmt04649
IRS990/DepreciationDepletionGrp/TotalAmt04725
IRS990/Desc0RESEARCH STUDY OF PUBLIC POLICY SOLUTIONS TO A BROAD ARRAY OF DEMOCRATIC POLICY CONCERNS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0PROGRESSIVE POLICY INSTITUTE
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0140000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt045
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt07369302
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt015605
IRS990/FeesForServicesAccountingGrp/TotalAmt015605
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt096409
IRS990/FeesForServicesLegalGrp/TotalAmt096409
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt021000
IRS990/FeesForServicesManagementGrp/TotalAmt021000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt076351
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0760214
IRS990/FeesForServicesOtherGrp/TotalAmt0836565
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt055166
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt055166
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt080303
IRS990/ForeignGrantsGrp/TotalAmt080303
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL WEINSTEIN JR
IRS990/Form990PartVIISectionAGrp/PersonNm1BILL BUDINGER
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRIS KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM GALSTON
IRS990/Form990PartVIISectionAGrp/PersonNm4BENJAMIN A RITZ
IRS990/Form990PartVIISectionAGrp/PersonNm5STUART MALEC
IRS990/Form990PartVIISectionAGrp/PersonNm6DIANA MOSS
IRS990/Form990PartVIISectionAGrp/PersonNm7WILLIAM MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm8LINDSAY MARK LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm9SARAH PADEN
IRS990/Form990PartVIISectionAGrp/PersonNm10EDWARD GRESSER
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL MANDEL
IRS990/Form990PartVIISectionAGrp/PersonNm12TRESSA A PANKOVITS
IRS990/Form990PartVIISectionAGrp/PersonNm13CURTIS VALENTINE
IRS990/Form990PartVIISectionAGrp/PersonNm14STEVEN NEELY BROWN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4152500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5123931
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt677500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7255000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8294567
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9142076
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10219000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11240000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12135507
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13135507
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14125500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF ECONOMIST
IRS990/Form990PartVIISectionAGrp/TitleTxt12CO-DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CO-DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-73735
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt080303
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01732596
IRS990/GrossReceiptsAmt010976123
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt013
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0104
IRS990/InsuranceGrp/ProgramServicesAmt06401
IRS990/InsuranceGrp/TotalAmt06505
IRS990/InvestmentIncomeGrp/ExclusionAmt0323441
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0323441
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt011056088
IRS990/InvestmentsPubTradedSecGrp/EOYAmt013586806
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030018
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012103
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010740
IRS990/LandBldgEquipCostOrOtherBssAmt040758
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01806331
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ADVANCE THE CAUSE OF PROGRESSIVE GOVERNMENT IN AMERICA BY PROMOTING CIVIC RESPONSIBILITY AND PUBLIC ENTREPRENEURSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt013004575
IRS990/NetAssetsOrFundBalancesEOYAmt015695370
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-73735
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-73735
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01057211
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt013004575
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt015555370
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05653
IRS990/OccupancyGrp/ProgramServicesAmt0347816
IRS990/OccupancyGrp/TotalAmt0353469
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0629
IRS990/OfficeExpensesGrp/ProgramServicesAmt038725
IRS990/OfficeExpensesGrp/TotalAmt039354
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt02665247
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08306
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0511046
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0519352
IRS990/OtherExpensesGrp/Desc0POLLING
IRS990/OtherExpensesGrp/Desc1COMPUTER & COPIER EXPEN
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3EVENTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0836
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110514
IRS990/OtherExpensesGrp/ProgramServicesAmt0344900
IRS990/OtherExpensesGrp/ProgramServicesAmt151411
IRS990/OtherExpensesGrp/ProgramServicesAmt222637
IRS990/OtherExpensesGrp/ProgramServicesAmt328379
IRS990/OtherExpensesGrp/TotalAmt0344900
IRS990/OtherExpensesGrp/TotalAmt152247
IRS990/OtherExpensesGrp/TotalAmt233151
IRS990/OtherExpensesGrp/TotalAmt328379
IRS990/OtherLiabilitiesGrp/BOYAmt04794
IRS990/OtherLiabilitiesGrp/EOYAmt02610404
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REIMBURSED EXPENSES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04558
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04558
IRS990/OtherRevenueTotalAmt04558
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt058913
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03624738
IRS990/OtherSalariesAndWagesGrp/TotalAmt03683651
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04965
IRS990/PayrollTaxesGrp/ProgramServicesAmt0305484
IRS990/PayrollTaxesGrp/TotalAmt0310449
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt060000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018123
IRS990/PrincipalOfficerNm0LINDSAY LEWIS
IRS990/PriorPeriodAdjustmentsAmt0101703
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07133107
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt096796
IRS990/PYInvestmentIncomeAmt0207373
IRS990/PYOtherExpensesAmt02316131
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01142746
IRS990/PYSalariesCompEmpBnftPaidAmt03784807
IRS990/PYTotalExpensesAmt06197734
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07340480
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01531878
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0530500
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08905528
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07134207
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06704772
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt013724009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03920062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt040388578
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0275000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0275000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0323570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0224305
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0714
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0976
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0416
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0549981
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98670
IRS990ScheduleA/PublicSupportPY170Pct00.99360
IRS990ScheduleA/PublicSupportTotal170Amt040663578
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08905528
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07134207
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06979772
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt013724009
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03920062
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt040663578
IRS990ScheduleA/TotalSupportAmt041213559
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt010740
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014107
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024847
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01057211
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02665247
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE RIGHTOFUSE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015911
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015911
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08859
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12601545
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPERATING LEASE LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt01057211
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09169795
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THIRD WAY FOUNDATION HAS ADOPTED FASB ASC 740-10, INCOME TAXES, WHICH PRESCRIBES MEASUREMENT AND DISCLOSURE REQUIREMENTS FOR CURRENT AND DEFERRED INCOME TAX PROVBISIONS. THE INTERPRETATION PROVIDES FOR A CONSISTENT APPROACH IN IDENTIFYING AND REPORTING UNCERTAIN TAX POSITIONS. IT IS MANAGEMENTS BELIEF THAT THIRD WAY FOUNDATION DOES NOT HOLD ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010740
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02665247
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt02610404
IRS990ScheduleD/TotalRevenuePerForm990Amt09169795
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010227006
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt00
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,305,774
Liabilities
$2,610,404
Net assets
$15,695,370
Revenue
$9,169,792
Expenses
$7,637,914
Net income
$1,531,878
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$19.1$2.53$16.6$11.1$10.9$0.20
2023Detailed filing. Detailed filing data is available for this year.$18.3$2.61$15.7$9.17$7.64$1.53
2023Summary only. Only limited summary data is available for this year.$18.3$2.61$15.7$9.17$7.64$1.53
2022Summary only. Only limited summary data is available for this year.$13.0$0.00$13.0$7.34$6.20$1.14
2021Summary only. Only limited summary data is available for this year.$12.8$0.01$12.8$7.13$5.43$1.70
2020Summary only. Only limited summary data is available for this year.$11.1$0.30$10.8$13.7$3.76$9.96
2019Summary only. Only limited summary data is available for this year.$0.90$0.03$0.88$3.92$3.93$0.01
2018Summary only. Only limited summary data is available for this year.$0.96$0.08$0.88$3.78$3.66$0.12
2017Summary only. Only limited summary data is available for this year.$0.84$0.07$0.77$3.10$2.89$0.22
2016Summary only. Only limited summary data is available for this year.$0.47$0.00$0.47$2.74$2.27$0.47
2015Summary only. Only limited summary data is available for this year.$0.37$0.00$0.37$1.94$1.99$0.05
2014Summary only. Only limited summary data is available for this year.$0.37$0.00$0.37$1.94$1.99$0.05
2013Summary only. Only limited summary data is available for this year.$0.43$0.12$0.31$1.90$1.59$0.31
2012Summary only. Only limited summary data is available for this year.$0.13$0.02$0.11$1.37$1.24$0.12
2011Summary only. Only limited summary data is available for this year.$0.45$0.40$0.05$1.03$0.99$0.04
2010Summary only. Only limited summary data is available for this year.$0.47$0.54$0.07$0.91$1.08$0.18
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $10M-$25M nonprofits