Democracy Collaborative Foundation Inc is located in Shaker Heights, OH. The organization was established in 2004. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2022, Democracy Collaborative Foundation Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Democracy Collaborative Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Democracy Collaborative Foundation Inc generated $3.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE DEMOCRACY COLLABORATIVE WAS ESTABLISHED IN 2000 TO ADVANCE UNDERSTANDING OF DEMOCRACY FOR THE 21ST CENTURY AND TO PROMOTE EMERGING STRATEGIES AND INNOVATIONS IN COMMUNITY DEVELOPMENT THAT ENHANCE DEMOCRATIC LIFE. IN PARTICULAR, OUR WORK FOCUSES ON THE CRITICAL ROLE LOCAL ECONOMIC STABILITY PLAYS IN STRENGTHENING CIVIC LIFE, PROVIDING MEANINGFUL EMPLOYMENT, ENHANCING FAMILY SECURITY, AND PROMOTING ENVIRONMENTAL SUSTAINABILITY. THE DEMOCRACY COLLABORATIVE SPONSORS A RANGE OF EDUCATION PROJECTS INVOLVING RESEARCH, TRAINING, AND COMMUNITY-FOCUSED WORK DESIGNED TO INCREASE SUPPORT FOR WEALTH BUILDING INNOVATIONS AT THE LOCAL LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY WEALTH BUILDING: IN 2022, THE DEMOCRACY COLLABORATIVE'S COMMUNITY WEALTH BUILDING (CWB) PROGRAM TEAM WORKED IN PARTNERSHIP WITH LOCAL STAKEHOLDERS TO PRODUCE THREE CWB ACTION PLANS FOR THE CITIES OF SOMERVILLE, MA, AND MEADVILLE, PA, AND ALAMEDA COUNTY IN CA. EACH OF THESE ACTION PLANS INCLUDED DIRECT RESEARCH AND INTERVIEWS, FOCUSED WORKSHOPS, AND THE DELIVERY OF A REPORT COMPLETE WITH LANDSCAPE ANALYSIS OF LOCAL CONDITION AND RECOMMENDATIONS FOR ACTION. IN 2021, WE PRODUCED AN ACTION PLAN FOR THE CITY OF CHICAGO WHICH WAS THE BASIS FOR A PUBLIC REPORT CALLED A "NEW ERA FOR COMMUNITY WEALTH BUILDING" WHICH WE WROTE A RELEASED IN JUNE OF 2022, ALONGSIDE A PUBLIC WEBINAR SHOWCASING THE ACTION PLANNING WORK IN PLACE. AT THE SAME TIME WE RE-WROTE AND LAUNCHED A NEW CWB LANDING PAGE AND SUBPAGES ON THE DEMOCRACY COLLABORATIVE'S WEBSITE AND PUT TOGETHER A CWB TASK FORCE TO ASSIST IN DELIVERY ON THE GROUND. GLOBALLY, THE CWB TEAM CHAIRED AN EXPERT ADVISORY PANEL IN NORTHERN IRELAND THAT WORKED WITH THE DEPARTMENT FOR COMMUNITIES TO PRODUCE A REPORT TO ADVANCE CWB IN THE AREA; ADVISED THE SCOTTISH GOVERNMENT ON THE DEVELOPMENT OF THEIR CWB PROGRAM AND OVERSAW THE RELEASE OF A LOCAL GUIDE TO CWB AND THE DRAFTING OF EARLY STAGE NATIONAL LEGISLATION; BUILT RELATIONSHIPS IN AUSTRALIA, CANADA, AND AMSTERDAM TO LAY THE GROUND WORK FOR EVOLVING PARTNERSHIP TO ADVANCE CWB LOCALLY.
THEORY, RESEARCH AND POLICY PROGRAMS: TDC IS DOING NATIONAL WORK TO ADVANCE THE CONCEPT OF PUBLIC OWNERSHIP OF PHARMACEUTICAL FIRMS, AS A DEMONSTRATION PROJECT FOR THE DEMOCRATIC ECONOMY PRINCIPLE THAT CRITICAL, LIFE-SERVING AREAS OF THE ECONOMY HEALTH FOREMOST AMONG THEM SHOULD NOT BE SUBJECT TO MAXIMUM PROFIT EXTRACTION, BUT INSTEAD SHOULD BE OWNED IN THE PUBLIC INTEREST. OUR TEAM IN THIS AREA HELPED ADVANCE THE COALITION THAT LED TO THE 2022 MOVE BY CALIFORNIA GOV. GAVIN NEWSOM TO CREATE PUBLIC OWNERSHIP/CONTROL OF INSULIN PRODUCTION IN CALIFORNIA. TDC IS CONVENING KEY RESEARCHERS AND SCHOLARS WORKING ON THE BROAD THEORY OF SYSTEM CHANGE, GATHERING AS THE START OF A LEARNING LAB TO EXTEND THROUGH 2024. THE LEARNING LAB BEGAN IN 2022 TO BRING TOGETHER A SMALL, HAND-PICKED COHORT OF NEXT SYSTEM THINKERS AND CHANGE AGENTS, INNOVATIVE FACULTY, AND GRADUATE STUDENTS TO LEARN ABOUT AND ARTICULATE COHERENT FRAMES AND MODELS FOR A NEXT SOCIO-ECONOMIC SYSTEM THAT IS EQUITABLE, DEMOCRATIC, AND ECOLOGICALLY SUSTAINABLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Allan Henderson Chair | OfficerTrustee | 1 | $0 |
Michael Schoop Trustee | Trustee | 1 | $0 |
Dayna Cunningham Trustee | Trustee | 1 | $0 |
Shevanthi Daniesl Trustee | Trustee | 1 | $0 |
Michellene Davis Trustee | Trustee | 1 | $0 |
Laura Flanders Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $641,765 |
All other contributions, gifts, grants, and similar amounts not included above | $2,959,058 |
Noncash contributions included in lines 1a–1f | $99,146 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,600,823 |
Total Program Service Revenue | $13,074 |
Investment income | $23,465 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $43,805 |
Net Gain/Loss on Asset Sales | -$18,221 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,696,524 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $200,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $428,039 |
Compensation of current officers, directors, key employees. | $97,210 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,274,596 |
Pension plan accruals and contributions | $122,725 |
Other employee benefits | $309,382 |
Payroll taxes | $160,341 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,325 |
Fees for services: Accounting | $95,891 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $640,154 |
Advertising and promotion | $0 |
Office expenses | $79,701 |
Information technology | $60,803 |
Royalties | $0 |
Occupancy | $175,994 |
Travel | $84,659 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $65,196 |
Insurance | $10,339 |
All other expenses | $0 |
Total functional expenses | $3,853,561 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $349,480 |
Pledges and grants receivable | $525,964 |
Accounts receivable, net | $20,304 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $18,573 |
Net Land, buildings, and equipment | $247,146 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $672,062 |
Total assets | $1,833,529 |
Accounts payable and accrued expenses | $245,593 |
Grants payable | $80,000 |
Deferred revenue | $11,267 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,621,035 |
Total liabilities | $1,957,895 |
Net assets without donor restrictions | -$650,330 |
Net assets with donor restrictions | $525,964 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,833,529 |