Civic Intelligence

Institute for Progress

990 • Fiscal year 2023 • EIN 87-2449729

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

1140 Third St NE Ste 401Washington, DC 20002

(480) 628-3863

Siviq Scores

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

Liabilities / Assets

38th percentile

0.06x

Higher debt load relative to assets than 38% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

26th percentile

0.05x

Higher debt load relative to revenue than 26% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

93rd percentile

62%

Higher net margin than 93% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

80th percentile

$222,654

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

99th percentile

352%

Faster asset growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

99th percentile

745%

Faster revenue growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$6,919,451

Up $5,387,996 (+352%) from 2022

Net Assets

Up

$6,482,015

Up $4,973,604 (+330%) from 2022

Liabilities

Up

$437,436

Up $414,392 (+1798%) from 2022

Revenue

Up

$8,198,072

Up $7,227,958 (+745%) from 2022

Expenses

Up

$3,079,238

Up $1,877,469 (+156%) from 2022

Net Income

Up

$5,118,834

Up $5,350,489 (+2310%) from 2022

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2021: $1,741,385Liabilities 2021: $1,319Net Assets 2021: $1,740,0662021Assets 2022: $1,531,455Liabilities 2022: $23,044Net Assets 2022: $1,508,4112022Assets 2023: $6,919,451Liabilities 2023: $437,436Net Assets 2023: $6,482,0152023Assets 2024: $3,943,124Liabilities 2024: $284,256Net Assets 2024: $3,658,8682024

Highlighted filing

2023

Assets$6,919,451
Liabilities$437,436
Net Assets$6,482,015

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2021: $1,900,000Expenses 2021: $159,934Net Income 2021: $1,740,0662021Revenue 2022: $970,114Expenses 2022: $1,201,769Net Income 2022: -$231,6552022Revenue 2023: $8,198,072Expenses 2023: $3,079,238Net Income 2023: $5,118,8342023Revenue 2024: $1,075,917Expenses 2024: $3,597,698Net Income 2024: -$2,521,7812024

Highlighted filing

2023

Revenue$8,198,072
Expenses$3,079,238
Net Income$5,118,834
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$8,198,072
Mission and Program Overview

Mission

The institute for progress (ifp) is a non-partisan research and advocacy organization dedicated to accelerating scientific, technological, and industrial progress while safeguarding humanity's future.

Non-partisan think tank focused on innovation policy. Our organization works to accelerate and shape the direction of scientific, technological and industrial progress.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$5,212,051-
Cash and Non-Interest-Bearing Accounts$1,399,776$1,206,805▼ $192,971
Land, Buildings, and Equipment, Net$0$7,916▲ $7,916
Prepaid Expenses and Deferred Charges$0$3,401▲ $3,401
Total Assets$1,531,455$6,919,451▲ $5,387,996
Other Assets Total$131,679$489,278▲ $357,599
Liabilities
Other Liabilities$0$375,797▲ $375,797
Accounts Payable and Accrued Expenses$23,044$61,639▲ $38,595
Total Liabilities$23,044$437,436▲ $414,392
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,508,411$6,482,015▲ $4,973,604
Total Net Assets Fund Balance$1,508,411$6,482,015▲ $4,973,604
Total Liabilities and Net Assets / Fund Balance$1,531,455$6,919,451▲ $5,387,996

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,916$273$8,189
Other Assets Org$320,147--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Caleb WatneyCo-CEOFT$202,500$20,154$222,654
Alec StappCo-CEOFT$202,500$17,526$220,026
Brian PotterSr Infrastructure FellowFT$140,000$12,345$152,345
Jeremy NeufeldSr Immigration FellowFT$129,167$13,241$142,408
Santiago RuizSr EditorFT$116,250$14,994$131,244
ARIELLE D'SOUZABiotech FellowFT$101,667$8,719$110,386

Board Members and Trustees

NameTitle
Daniel CorreaDirector
Tamara WinterDirector
Zachary GravesDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$8,198,001
Program Service Revenue
$0
Investment Income
$71
Other Revenue
$0
All Other Contributions
$8,198,001
Change in Net Assets
$5,118,834

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,198,072
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,198,072
Total Revenue per Form 990
$8,198,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,436,725
Other Expenses$1,091,293
Grants and Similar Amounts Paid$551,220
Total Fundraising Expense$139,365
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$639,155$119,842$39,947$798,944
Grants to Domestic Orgs$551,220--$551,220
Fees for Services Other$411,716$77,197$25,732$514,645
Current Officers, Directors, Trustees, and Key Employees$324,000$60,750$20,250$405,000
Occupancy$169,899$31,856$10,619$212,374
Payroll Taxes$74,669$14,001$4,667$93,337
Travel$68,957$13,791$9,194$91,942
Pension Plan Contributions$63,805$11,963$3,988$79,756
Fees for Services Legal$46,227$13,208$6,604$66,039
Fees for Services Accounting$46,565$9,313$6,209$62,087
Other Employee Benefits$47,751$8,953$2,984$59,688
Office Expenses$32,272$6,051$2,017$40,340
Conferences and Meetings$29,352$5,870$3,914$39,136
Insurance$20,690$3,879$1,293$25,862
Information Technology$10,110$2,022$1,348$13,480
Depreciation Depletion-$12,821-$12,821
Other Expenses$9,584$587$599$587
Total Functional Expenses$2,545,972$393,901$139,365$3,079,238

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,079,238
Total Expenses per Audited Statements$3,079,238
Total Expenses per Form 990$3,079,238
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Trustees of Dartmouth CollegeHanover, NH501(c)(3)Support for Research$367,994
Federation of American ScientistsWashington, DC501(c)(3)Support for Research$180,041
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Total Lease Liabilities$375,797
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 board and co-ceos review the 990 prior to filing.

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

The organization performs an annual review of the conflict of interest policy with management and directors.

Form 990, Part VI, Section B, Line 15

Compensation is reviewed and approved by the board.

Form 990, Part VI, Section C, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Institute for Progress
EIN
87-2449729
Phone
4806283863
Address
1140 THIRD ST NE STE 401, WASHINGTON, DC 20002

Signing Officer

Name
Alec Stapp
Title
Co-CEO
Phone
4806283863
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alec Stapp
Formed
2021
Legal Domicile
De
Voting Board Members
5
Independent Board Members
3
Employees
14
Volunteers
0

Preparer

Firm
Uhy Advisors Great Lakes Inc
Address
7171 STADIUM DRIVE, KALAMAZOO, MI 49009
Preparer
Rhonda L Newman
Phone
2693817600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultants: program service expenses 411,716. Management and general expenses 77,197. Fundraising expenses 25,732. Total expenses 514,645.

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IRS990/PrincipalOfficerNm0ALEC STAPP
IRS990/PriorPeriodAdjustmentsAmt0-145230
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0970000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0114
IRS990/PYOtherExpensesAmt0420503
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-231655
IRS990/PYSalariesCompEmpBnftPaidAmt0781266
IRS990/PYTotalExpensesAmt01201769
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0970114
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt05118834
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08198001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02545000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01900000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012643001
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt071
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0114
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0185
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt011180865
IRS990ScheduleA/SubstantialContributorsTotAmt01462136
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08198001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02545000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01900000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012643001
IRS990ScheduleA/TotalSupportAmt012643186
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
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus1Amt022592
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/TotalAmt022592
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt072226
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt07997
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt080223
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0288904
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt031987
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0320891
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt022592
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt022592
IRS990ScheduleC/GrassrootsCeilingAmt0120335
IRS990ScheduleC/LobbyingCeilingAmt0481337
IRS990ScheduleD/EquipmentGrp/BookValueAmt07916
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0273
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08189
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03079238
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt069131
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1100000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2320147
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTANGIBLE ASSET, NET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ROU ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0375797
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TOTAL LEASE LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08198072
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07916
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0489278
IRS990ScheduleD/TotalExpensesPerForm990Amt03079238
IRS990ScheduleD/TotalLiabilityAmt0375797
IRS990ScheduleD/TotalRevenuePerForm990Amt08198072
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08198072
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03079238
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0367994
IRS990ScheduleI/RecipientTable/CashGrantAmt1180041
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT FOR RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT FOR RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TRUSTEES OF DARTMOUTH COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FEDERATION OF AMERICAN SCIENTISTS
IRS990ScheduleI/RecipientTable/RecipientEIN0020222111
IRS990ScheduleI/RecipientTable/RecipientEIN1237185827
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06066 DEVELOPMENT OFFICE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11112 16TH ST NW STE 400
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HANOVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm1WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd003755
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd120036
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS IN REGULAR CONTACT WITH THE GRANTEE REGARDING THE USE OF GRANT FUNDS AND RESULTS OF RESEARCH, ETC.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0202500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1202500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2140000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt010125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt110125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt23792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10

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