Accountable Justice Action Fund
- Assets
- $21.3m
- Revenue
- $12.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Albany, NY
- Founding
- 04/2018
- Data as of
- 08/2023
- EIN
- 82-3247136
Organization Overview
Accountable Justice Action Fund, operating under the name Just Impact Advisors, is located in Albany, NY. The organization was established in 2018. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. As of 08/2023, Just Impact Advisors employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Just Impact Advisors is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 08/2023, Just Impact Advisors generated $12.1m in total revenue. All expenses for the organization totaled $7.4m during the year ending 08/2023. While expenses have increased by 9.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Just Impact Advisors has awarded 79 individual grants totaling $27,059,552. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS: THE ASSOCIATION PROVIDES GRANTS TO A VARIETY OF ORGANIZATIONS THAT ARE FOCUSED ON REFORMING THE CRIMINAL LEGAL SYSTEM AND SHRINKING THE NUMBER OF PEOPLE WHO ARE INCARCERATED IN THE UNITED STATES. HISTORICALLY, GRANTS HAVE SUPPORTED COMMUNITY ORGANIZING, LEADERSHIP DEVELOPMENT, DIRECT ADVOCACY, JOURNALISM, NARRATIVE CHANGE, PROSECUTOR ACCOUNTABILITY, AND POLICY REFORM. WE SEEK TO FUND INNOVATIVE LEADERS AND ORGANIZATIONS DEPLOYING DYNAMIC STRATEGIES TO REDUCE INCARCERATION AND TO FORGE SOLUTIONS AND ALTERNATIVES TO INCARCERATION THAT ARE EFFECTIVE IN KEEPING COMMUNITIES SAFE. WE PRIORITIZE FUNDING TO DIRECTLY IMPACTED LEADERS. IN FY23, GRANTS WERE PROVIDED TO 17 ORGANIZATIONS FOR A TOTAL OF $5,410,000 AND 61% OF THAT AMOUNT WAS AWARDED TO ORGANIZATIONS OR PROJECTS LED BY BLACK PEOPLE. WE PROVIDE HOLISTIC SUPPORT TO GRANTEES AND THEIR PEER MOVEMENT LEADERS WHICH CAN INCLUDE FUNDRAISING, OPERATIONAL, AND STRATEGY ASSISTANCE. IN FY23, WE CONVENED 161 LEADERS FROM 79 NATIONWIDE ORGANIZATIONS FOR A 4-DAY CONFERENCE WITH WORKSHOPS AND TRAININGS ON ORGANIZING, STRATEGY, FUNDRAISING, COMMUNICATIONS, INTERPERSONAL HEALING, AND MANAGEMENT.
DONOR ADVISING: THE ASSOCIATION SPENDS THE MAJORITY OF ITS TIME FOCUSED ON PROVIDING ADVISORY ASSISTANCE, GRANT RECOMMENDATIONS, AND THOUGHT LEADERSHIP TO DONORS WHO ON OUR ADVICE HAVE INVESTED HEAVILY INTO TRANSFORMING CRIMINAL JUSTICE. IN FY23, WE RECOMMENDED $11,395,000 TO 35 ORGANIZATIONS THROUGH A DONOR-ADVISED-FUND. IN ADDITION, WE CREATED BESPOKE GRANTMAKING RECOMMENDATIONS FOR OTHER FUNDERS. IN 2022, WE CALCULATE THAT OVER $30,000,000 IN MULTI-YEAR FUNDING COMMITMENTS WERE MADE BASED ON OUR RECOMMENDATIONS TO OTHER FUNDERS. EACH MONTH, THE ASSOCIATION COMPOSES AND DISTRIBUTES MEMORANDA ON CURRENT AFFAIRS, RECENT NEWS, BEST FUNDING PRACTICES, AND PHILANTHROPIC OPPORTUNITIES IN THE CRIMINAL JUSTICE REFORM SPACE, REACHING HUNDREDS OF DONORS AND DONOR ADVISORS. WE REGULARLY HOST DONOR BRIEFINGS DISCUSSING OUR STRATEGY AND PROVIDING GUIDANCE TO FUNDERS WHO ARE INTERESTED IN GRANTMAKING TO THE CRIMINAL JUSTICE REFORM FIELD. WE OFFER AN INTRODUCTORY WORKSHOP TO THE FIELD OF CRIMINAL JUSTICE REFORM FOR DONORS AND DONOR ADVISORS. IN FY23, WE WERE INVITED TO PRESENT ON OUR WORK AT FOUR PRESTIGIOUS CONFERENCES EXCLUSIVELY ATTENDED BY DONORS, DONOR ADVISORS, AND PHILANTHROPY PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chloe Cockburn Ceo/president/secretary | OfficerTrustee | 60 | $484,889 |
Tim Silard Treasurer | OfficerTrustee | 0.2 | $0 |
Michael Kieschnick Director | Trustee | 0.2 | $0 |
Michelle Crentsil Director | Trustee | 0.2 | $0 |
Rashad Robinson Director | Trustee | 0.2 | $0 |
Zachary Carpenter Senior Advisor (beg. 08/22) | Officer | 40 | $85,417 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cormier Company Llc Consulting | 8/30/22 | $152,819 |
Beacon Advisors Inc Consulting | 8/30/22 | $138,000 |
Seema Nandan Inc Consulting | 8/30/22 | $218,968 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,525,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,525,000 |
| Total Program Service Revenue | $0 |
| Investment income | $573,994 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,582 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,127,576 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,410,000 |
| 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. | $782,482 |
| Compensation of current officers, directors, key employees. | $63,479 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,004 |
| Pension plan accruals and contributions | $5,578 |
| Other employee benefits | $78,797 |
| Payroll taxes | $41,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,598 |
| Fees for services: Accounting | $19,586 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,088 |
| Fees for services: Other | $308,112 |
| Advertising and promotion | $0 |
| Office expenses | $10,478 |
| Information technology | $4,308 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $69,568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $452,046 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $53,185 |
| All other expenses | $1,168 |
| Total functional expenses | $7,428,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,224,946 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $40,442 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,113 |
| Total assets | $21,304,501 |
| Accounts payable and accrued expenses | $10,363 |
| Grants payable | $100,000 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $110,363 |
| Net assets without donor restrictions | $21,194,138 |
| Net assets with donor restrictions | $0 |
| 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 | $21,304,501 |
Grants Awarded
Over the last fiscal year, Accountable Justice Action Fund has awarded $5,405,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
WORKING FAMILIES PARTY NATIONAL PAC PURPOSE: POLITICAL ACTIVITY RELATED TO CRIMINAL JUSTICE REFORM | $1,950,000 |
WORKING FAMILIES ORGANIZATION INC PURPOSE: CRIMINAL JUSTICE REFORM | $1,000,000 |
JUSTICE RESEARCH GROUP PURPOSE: CRIMINAL JUSTICE REFORM | $1,400,000 |
TIDES ADVOCACY PURPOSE: TO SUPPORT SMART JUSTICE CALIFORNIA | $200,000 |
THE PEOPLE'S LOBBY PURPOSE: CRIMINAL JUSTICE REFORM | $130,000 |
GOVERNANCE PROTECTION FUND PURPOSE: GENERAL SUPPORT | $250,000 |