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POLICY ACADEMIES: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
POLICY ACADEMIES (EIN 81-3333541)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-10
IRS object ID
202522839349301952
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-10-10T14:57:01-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582676261PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rogers & Company PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18300 Boone Boulevard Suite 600AddressLine1Txt
CityViennaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22182ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN813333541EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Policy Academies IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPOLIBusinessNameControlTxt
Phone2029489163PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1740 15TH ST NW 900AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLynette Rawlings PhdPersonNm
Person TitlePresident And CEOPersonTitleTxt
Phone2029489163PhoneNum
Signature2025-10-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYong Zhang CPAPreparerPersonNm
PTINP01249785PTIN
Phone7038930300PhoneNum
Preparation2025-09-30PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLynette Rawlings PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1740 15TH ST NW 900AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$377,151GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.thepolicyacademies.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionSee Schedule OActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers45TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,013,063PYContributionsGrantsAmt
CY Contributions Grants$320,499CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$69,504PYInvestmentIncomeAmt
CY Investment Income$52,564CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$661CYOtherRevenueAmt
PY Total Revenue$1,082,567PYTotalRevenueAmt
CY Total Revenue$373,724CYTotalRevenueAmt
PY Grants And Similar Paid$711,479PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$374,343CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$889,327PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$712,824CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$175,286CYTotalFundraisingExpenseAmt
PY Other Expenses$695,319PYOtherExpensesAmt
CY Other Expenses$652,644CYOtherExpensesAmt
PY Total Expenses$2,296,125PYTotalExpensesAmt
CY Total Expenses$1,739,811CYTotalExpensesAmt
PY Revenues Less Expenses-$1,213,558PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,366,087CYRevenuesLessExpensesAmt
Total Assets BOY$2,935,976TotalAssetsBOYAmt
Total Assets EOY$1,524,901TotalAssetsEOYAmt
Total Liabilities BOY$270,834TotalLiabilitiesBOYAmt
Total Liabilities EOY$225,846TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,665,142NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,299,055NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSee Schedule OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$510,421ExpenseAmt
Grant$237,343GrantAmt
DescAcademy Training - Fellowship and Research Scholars Programs:These include one- and two-year fellowship programs for undergraduates, pre-masters and graduate students in partnership with the nation's leading think tanks. When Academy Fellows complete their training fellowship they become a part of the Alumni Career and Leadership Development Program. The Policy Academies training programs are free of cost for participating students. TPA covers airfare and lodging and provides a competitive stipend.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$371,061ExpenseAmt
Grant$101,625GrantAmt
DescEquity in Institutional and Research Practice: This initiative supports efforts to improve practices within the policy research and broader policy fields by encouraging broader representation of scholars and on research topics and methodologies. The program works with partners to enhance institutional practices in the development and application of public policy research. Through collaboration between scholars, institutions, and communities this initiative ensures that research informs policy decisions that reflect a wide range of perspectives and societal needs. This program also creates platforms for this work.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$219,079ExpenseAmt
Grant$35,375GrantAmt
DescAlumni Career and Leadership Development Program:This program, which is often shortened to "The Alumni Program", supports the early career development of Academy graduates by helping them attend career accelerating conferences, providing specialized training courses, and by providing personalized training and mentorship.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$252,171ExpenseAmt
DescEvents, Collaborative Initiatives and Policy Forums.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$252,171TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$1,352,732TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Lynette Rawlings PHDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2029489163PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1740 15TH ST NW 900AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Lynette Rawlings
Founder, President and CEO40.00Yes (X)Yes (X)$395,000$0$46,650
Angela Glover Blackwell
Chair1.00Yes (X)Yes (X)$0$0$0
Nick Turner
Director1.00Yes (X)$0$0$0
Darrick Hamilton
Director1.00Yes (X)$0$0$0
Arlene Williams
COO & SVP (Ending 01/24)40.00Yes (X)$8,269$0$1,546
Alexandr L Maza
Vice President40.00$163,935$0$24,562Yes (X)
Marlene Castro
Vice President40.00$163,866$0$12,474Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$731,070TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$85,232TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$320,499AllOtherContributionsAmt
Total Contributions$320,499TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$55,991TotalRevenueColumnAmt
Exclusion$55,991ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$3,427OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$3,427OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$3,427TotalRevenueColumnAmt
Exclusion-$3,427ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther RevenueDesc
Business900099BusinessCd
Total Revenue Column$661TotalRevenueColumnAmt
Exclusion$661ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$661OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$373,724TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$53,225ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$355,343TotalAmt
Program Services$355,343ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$19,000TotalAmt
Program Services$19,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$451,463TotalAmt
Program Services$340,585ProgramServicesAmt
Management And General$42,763ManagementAndGeneralAmt
Fundraising$68,115FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$203,052TotalAmt
Program Services$153,182ProgramServicesAmt
Management And General$19,233ManagementAndGeneralAmt
Fundraising$30,637FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$16,848TotalAmt
Program Services$12,710ProgramServicesAmt
Management And General$1,596ManagementAndGeneralAmt
Fundraising$2,542FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$8,563TotalAmt
Program Services$6,459ProgramServicesAmt
Management And General$811ManagementAndGeneralAmt
Fundraising$1,293FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$32,898TotalAmt
Program Services$24,818ProgramServicesAmt
Management And General$3,116ManagementAndGeneralAmt
Fundraising$4,964FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$44,449TotalAmt
Management And General$44,449ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$219,037TotalAmt
Program Services$115,582ProgramServicesAmt
Management And General$74,108ManagementAndGeneralAmt
Fundraising$29,347FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$27,439TotalAmt
Program Services$15,425ProgramServicesAmt
Management And General$8,957ManagementAndGeneralAmt
Fundraising$3,057FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$284,470TotalAmt
Program Services$250,124ProgramServicesAmt
Management And General$10,303ManagementAndGeneralAmt
Fundraising$24,043FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$55,521TotalAmt
Program Services$44,713ProgramServicesAmt
Management And General$2,249ManagementAndGeneralAmt
Fundraising$8,559FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$12,649TotalAmt
Program Services$9,487ProgramServicesAmt
Management And General$1,265ManagementAndGeneralAmt
Fundraising$1,897FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,032TotalAmt
Program Services$3,024ProgramServicesAmt
Management And General$403ManagementAndGeneralAmt
Fundraising$605FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescProfessional developmenDesc
Total$5,047TotalAmt
Program Services$2,280ProgramServicesAmt
Management And General$2,540ManagementAndGeneralAmt
Fundraising$227FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,739,811TotalAmt
Program Services$1,352,732ProgramServicesAmt
Management And General$211,793ManagementAndGeneralAmt
Fundraising$175,286FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$367,741BOYAmt
EOY$690,209EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,676,183BOYAmt
EOY$697,604EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$250,000BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$550,000BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,727BOYAmt
EOY$11,359EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$137,525LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,593LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$72,038BOYAmt
EOY$123,932EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$11,287BOYAmt
EOY$1,797EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,935,976BOYAmt
EOY$1,524,901EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$270,834BOYAmt
EOY$150,846EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$75,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$270,834BOYAmt
EOY$225,846EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,290,915BOYAmt
EOY$1,036,555EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,374,227BOYAmt
EOY$262,500EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,665,142BOYAmt
EOY$1,299,055EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,935,976BOYAmt
EOY$1,524,901EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,366,087ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$477,125CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,365,076CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,028,600CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,013,063CurrentTaxYearMinus1YearAmt
Current Tax Year$320,499CurrentTaxYearAmt
Total$7,204,363TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$477,125CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,365,076CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,028,600CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,013,063CurrentTaxYearMinus1YearAmt
Current Tax Year$320,499CurrentTaxYearAmt
Total$7,204,363TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,605,510SubstantialContributorsTotAmt
Public Support Total170$1,598,853PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$69,504CurrentTaxYearMinus1YearAmt
Current Tax Year$55,991CurrentTaxYearAmt
Total$125,495TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$661CurrentTaxYearAmt
Total$661TotalAmt
FieldValueIRS element (for citing)
Total Support$7,330,519TotalSupportAmt
Public Support CY1700.21810PublicSupportCY170Pct
Public Support PY1700.22480PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestOver the past four years, The Policy Academies (TPA) has secured funding from some of the nation's largest private foundations and continues to expand its private foundation donor base.As a new organization, this fundraising success is significant and provides a strong base of support on which to build and diversify its funding stream. At the outset, it is important to state that private foundation support will remain the primary source of funding for TPA because of its mission and appeal to the private foundation community. With that said, we will continue to identify and solicit private foundation support on an ongoing basis as a top priority. At this time, we are in various stages in the cultivation and solicitation process towardSecuring new or increased support from several foundations. Opportunities for support from the private foundation community remains strong with room to grow.The Policy Academies also receives some funding from individual donors. While not as significant as its funding from foundations, it is a base of support on which to build. We will explore ways to increase individual support through on-line appeals and special activities targeted to engage individuals.Lastly, TPA will consider fundraising events to help diversify its funding base. Initially, we anticipate the fundraising events will be low-level and primarily held to cultivate and secure support from major individual donors.FactsAndCircumstancesTestTxt

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10, Explanation of Other Income:FormAndLineReferenceDesc
ExplanationOther income - 2024 Amount: $ 661.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,345OtherCostOrOtherBasisAmt
Depreciation$3,058DepreciationAmt
Book Value$3,287BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$131,180OtherCostOrOtherBasisAmt
Depreciation$10,535DepreciationAmt
Book Value$120,645BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$123,932TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$409,724TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$36,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$36,000RevenueNotReportedAmt
Revenue Subtotal$373,724RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$373,724TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,775,811TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$36,000DonatedServicesUseFcltsAmt
Expenses Not Reported$36,000ExpensesNotReportedAmt
Expenses Subtotal$1,739,811ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,739,811TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationManagement has evaluated the organization's tax positions and has concluded that there are no uncertain tax positions that require recognition or disclosure in the accompanying financial statements.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
Festival of the Diaspora Inc
5911 Holland RoadRockvilleMD20851862986122501(C)(3)$100,000$0Program Support
MDRC
200 Vesey St 23 FloorNew YorkNY10281237379473501(C)(3)$75,000$0Program Support
New York University
105 East 17th Street 3rd FloorNew YorkNY10003135562308501(C)(3)$20,000$0Program Support
Northeastern University
360 Huntington AvenueBostonMA02115041679980501(C)(3)$15,000$0Program Support
Russell Sage Foundation
112 E 64th StNew YorkNY10065131635303501(C)(3)$51,000$0Program Support
St Johns University NY
8000 Utopia ParkwayQueensNY11439111630830501(C)(3)$20,000$0Program Support
Texas State University- San Marcos
123 North Edward Gary StreetSan MarcosTX78666746002248501(C)(3)$10,000$0Program Support
The Regents of the University of California
3320 Public Affairs BuildingLos AngelesCA90095943067788501(C)(3)$25,000$0Program Support
The Story of Our Schools
306 16th St SEWashingtonDC20003474889971501(C)(3)$10,000$0Program Support
University of Maryland College Park
7809 Regents Drive 3112 LeeCollege ParkMD20742526002033501(C)(3)$20,000$0Program SupportBuilding
FieldValueIRS element (for citing)
Total501c3 Org10Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeStipendsGrantTypeTxt
Recipient3RecipientCnt
Cash Grant$19,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationAll grants are made to 501(c)(3) public charities to ensure the grants are used for intended charitable purposes.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Lynette Rawlings
Founder, President and CEO$270,000$0$125,000$0$0$0$32,231$0$14,419$0$441,650$0$0$0
Alexandr L Maza
Vice President$150,000$0$13,935$0$0$0$16,000$0$8,562$0$188,497$0$0$0
Marlene Castro
Vice President$150,000$0$13,866$0$0$0$12,474$0$0$0$176,340$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 1aThe Organization's Chief Executive Officer will occasionally fly business class or first class when work is being conducted on the flight and/or under $1,000 and under when the flight is across country $2,000. The benefit is not taxable for the officer.
Part I, Line 3The Executive Director's compensation is set by the Board of Directors minus the Executive Director.
Part I, Line 7The bonus paid in 2024 was accrued as the 2023 bonus and paid in January 2024. The bonus was approved by the Board of Directors. No additional bonus was paid or accrued in 2024 for the 2024 calendar year.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part I, Line 1The Policy Academies is building a diverse community of emerging policy leaders, equipping them with research training, mentorship, and tailored resources to pursue meaningful change for a fair and just multiracial democracy.
Form 990, Part III, Line 1The Policy Academies uses its influence to open career pathways at leading policy institutions, create opportunities, build networks, and foster communities of support. With TPA's guidance, these leaders are better equipped to contribute to policy discourse and shape meaningful solutions that serve their communities, driving positive change in the policy field. TPA also collaborates with leading institutions to develop and promote research practices that reflect a diverse range of perspectives.
Form 990, Part VI, Section B, line 11bThe Form 990 is reviewed by the Board of Directors prior to filing with the IRS.
Form 990, Part VI, Section B, line 12cThe Organization requires each director, principal officer and key employee to sign an annual statement affirming their receipt, acceptance and compliance with the policy.
Form 990, Part VI, Section B, line 15aThe Board of Directors (excluding the Chief Executive Officer) meet annually to determine the Chief Executive Officer's compensation. Also, the process is contemporaneously documented.
Form 990, Part VI, Section C, line 19The Organization makes its governing documents, Conflict of Interest Policy, and financial statements available to the public upon request.
Form 990, Part IX, line 11gPayroll Services: Program service expenses 2,621. Management and general expenses 2,688. Fundraising expenses 665. Total expenses 5,974. Other Professional Services: Program service expenses 112,961. Management and general expenses 71,420. Fundraising expenses 28,682. Total expenses 213,063.
Form 990, Part XII, line 2cThe Organization's oversight process of audit has been consistent with prior years.