Civic Intelligence

Democracy Protection Fund

EIN 88-3211942 • 501(c)4 • Seattle, WA

Profile

To protect access to voting rights

PO Box 21961Seattle, WA 98111

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

30th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $1M-$5M nonprofits • Source year 2022

Net Margin

86th percentile

48%

Higher net margin than 86% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

Up

$398,071

Up $379,326 (+2024%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$398,071

Up $379,326 (+2024%) from 2023

Revenue

Up

$3,577,000

Up $3,277,000 (+1092%) from 2023

Expenses

Up

$3,197,674

Up $2,344,277 (+275%) from 2023

Net Income

Up

$379,326

Up $932,723 (+169%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2022: $572,166Liabilities 2022: $0Net Assets 2022: $572,1662022Assets 2023: $18,745Liabilities 2023: $0Net Assets 2023: $18,7452023Assets 2024: $398,071Liabilities 2024: $0Net Assets 2024: $398,0712024

Highlighted filing

2024

Assets$398,071
Liabilities$0
Net Assets$398,071

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2022: $1,200,000Expenses 2022: $627,734Net Income 2022: $572,2662022Revenue 2023: $300,000Expenses 2023: $853,397Net Income 2023: -$553,3972023Revenue 2024: $3,577,000Expenses 2024: $3,197,674Net Income 2024: $379,3262024

Highlighted filing

2024

Revenue$3,577,000
Expenses$3,197,674
Net Income$379,326

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 11, 2025
Return Version
2024v5.1
Gross Receipts
$3,577,000
Mission and Program Overview

Mission

To protect access to voting rights

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$18,745$398,071▲ $379,326
Total Assets$18,745$398,071▲ $379,326
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,745$398,071▲ $379,326
Total Net Assets Fund Balance$18,745$398,071▲ $379,326
Total Liabilities and Net Assets / Fund Balance$18,745$398,071▲ $379,326
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tracy NewmanChair
Philip LloydSecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Perkins CoieLegal1201 Third Ave, Seattle, WA 98101$3,097,028
Revenue and Support

Revenue Composition

Contributions and Grants
$3,577,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,577,000
Change in Net Assets
$379,326
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,174,924
Professional Fundraising Fees$22,750
Total Fundraising Expense$22,750
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$3,097,028$0$0$3,097,028
Fees for Services Management$43,750$21,000$0$64,750
Fees for Services Professional Fundraising--$22,750$22,750
Fees for Services Accounting$0$13,080$0$13,080
Other Expenses$0$66$0$66
Total Functional Expenses$3,140,778$34,146$22,750$3,197,674
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$22,750
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Newman PartnersOwned by Tracy NewmanManagement and Fundraising Services at FMVNo$45,500
Seattle CFO LLCOwed by Philip LloydAccounting Services at FMVNo$13,080
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
Democracy Protection Fund
EIN
88-3211942
Phone
2063825552
Address
PO Box 21961, Seattle, WA 98111

Signing Officer

Name
Philip E Lloyd
Title
Treasurer
Phone
2063825552
Signed
2025-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip E Lloyd
Formed
2023
Legal Domicile
Wa
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Seattle CFO Services
Address
509 Olive Way Suite 1133, Seattle, WA 98101
Preparer
Philip Lloyd
Phone
2063825552
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Directors Tracy Newman and Philip Lloyd have other business relationships, neither that set each others compensation.

Pt VI, Line 11B

A copy of the 990 is circulated electronically to each board member prior to filing.

Pt VI, Line 15B

Compensation to board members is reviewed by an independent consultant for reasonableness and fair market value.

Raw XML Appendix262 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.

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