WPublic & Societal BenefitEIN: 522003442· Ruling Year: 1997

State Democracy Project

Brooklyn, New York

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.17×
Peer Median11.38×
💰
$19.7M
Total Revenue
📊
$17.0M
Total Expenses
🏦
$3.0M
Net Assets
📋
$158K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+920.8%
Year-over-year change (2022 → 2023)
Net Margin
+13.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.17
Net assets divided by total expenses
Liabilities-to-Assets
5.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$19,722,670921%$17,024,385593%$3,119,31891%
2022$1,932,025298%$2,456,576265%$1,632,857103%
2021$486,04470%$673,0358%$802,57518%
2020$1,595,414344%$733,30624%$977,844702%
2019$359,48273%$590,78359%$121,86665%
2018$1,313,11625%$1,451,98138%$348,68835%
2017$1,743,10549%$2,340,02827%$537,09053%
2016$3,435,87736%$3,187,97242%$1,150,03719%
2015$2,519,18514%$2,252,50530%$965,69538%
2014$2,916,97947%$3,234,44567%$699,37226%
2013$1,984,7889%$1,936,3308%$947,064
2012$2,171,04434%$1,796,82110%$950,82870%
2011$1,623,66725%$1,640,11116%$557,6724%
2010$2,150,557$1,953,241$537,140

Frequently Asked Questions

What does State Democracy Project do?

State Democracy Project is a public & societal benefit nonprofit organization based in New York. It is classified under NTEE code W200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is State Democracy Project financially healthy?

Based on our 9-metric Financial Health Score model, State Democracy Project has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does State Democracy Project generate?

State Democracy Project reports $50.1M in annual revenue and holds $5.0M in total assets, based on IRS filings.

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