Overview
What is Progressive Multiplier Action Fund?
The Progressive Multiplier Action Fund is a nonprofit organization situated in Washington, D.C., specifically at 1802 Vernon St NW 1122. Their primary mission is to promote social welfare, focusing on providing financial support for revenue generation projects within the Progressive Movement. They specifically target non-profit organizations that work on issues related to immigrant rights, LGBTQ matters, and racial, social, and economic justice. The Fund aims to help these organizations overcome capacity or staffing challenges related to generating revenue, or to capitalize on increased interest in their important work. They also share the fundraising knowledge they gain from these projects with other Progressive Organizations, thereby fostering growth within the movement.
Is Progressive Multiplier Action Fund legitimate?
Progressive Multiplier Action Fund is a legitimate nonprofit organization registered as a 501(c)(4) entity. Progressive Multiplier Action Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Progressive Multiplier Action Fund?
The Progressive Multiplier Action Fund's mission is to aid non-profit organizations that focus on immigrant rights, LGBTQ issues, and social, racial, and economic justice. Their goal is to help these organizations overcome capacity or staff limitations, enabling them to concentrate on revenue generation or capitalize on heightened interest in their vital work. The fund accomplishes this by financing revenue-generating projects for these progressive organizations and sharing its acquired fundraising expertise within the broader progressive movement.
Who is the CEO of Progressive Multiplier Action Fund?
Bethany Maki is the Chair of Progressive Multiplier Action Fund.
What is the revenue of Progressive Multiplier Action Fund?
Progressive Multiplier Action Fund's revenue in 2022 was $213,590.
Who are the executives of Progressive Multiplier Action Fund and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Progressive Multiplier Action Fund?
Progressive Multiplier Action Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Progressive Multiplier Action Fund
The Progressive Multiplier Action Fund is an organization dedicated to promoting social welfare. Its mission, as stated in Part III and Schedule O, is to aid non-profit organizations that focus on immigrant rights, LGBTQ issues, and racial, social, and economic justice. These organizations often face challenges in terms of capacity or staff, preventing them from focusing on revenue generation or seizing opportunities that arise from heightened interest in their crucial work. Recognizing this, the Progressive Multiplier Action Fund steps in to finance revenue generation projects for these organizations. Furthermore, the Fund shares the fundraising knowledge and insights it gains from these projects within the broader Progressive Movement, thereby empowering various non-profits to bolster their financial resources and expand their impact.
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Impact
October, 2024
The Progressive Multiplier Action Fund focuses on enhancing the capacity of organizations dedicated to immigrant rights, LGBTQ issues, and racial, social, and economic justice. By financing revenue generation projects and sharing valuable fundraising knowledge, the Fund empowers these progressive organizations to address their operational challenges. This not only helps them scale their efforts but also better harnesses the growing interest in their missions.
Through its support, the Fund contributes significantly to the movement for civil rights by enabling these organizations to focus on their critical work without the burden of limited resources or staff. Ultimately, the impact of the Progressive Multiplier Action Fund can be seen in the strengthened ability of these organizations to advocate for social welfare and drive meaningful change within their communities.
This information is meant to be a general summary of Progressive Multiplier Action Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $140
- Program Service Revenue: $115,000
- Gross Receipts: $213,590
Assets and Liabilities:
- Total Assets: $205,287
- Total Liabilities: $28,422
- Net Assets: $176,865
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting revenue
Revenue
$115,000
Organization Details
Founding Year
2019
Phone
(844) 634-6363Principal Officer
Bethany Maki
Main Address
1802 Vernon St NW 1122, Washington, DC, 20009
NTEE Category
Code: R19 - Civil rights
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