GOLD2023

FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC

aka FGA   |   Naples, FL   |  https://thefga.org/
GuideStar Charity Check

FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC

EIN: 45-2637507


Mission

The Foundation for Government Accountability is a non-partisan, non-profit organization that helps millions achieve the American dream by improving welfare, work, and health care policy in the states and in Washington, D.C

Ruling year info

2011

President and Chief Executive Officer

Mr. Tarren Bragdon

Main address

15275 Collier Blvd, Suite 201-279

Naples, FL 34119 USA

Show more contact info

EIN

45-2637507

Subject area info

Health

Public policy

Public integrity

Public administration

Human services

Population served info

Adults

Economically disadvantaged people

NTEE code info

Government and Public Administration (W20)

Alliance/Advocacy Organizations (P01)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

While many are capable of working, they remain caught in the welfare trap as a result of decades of government policies that discourage work. This culture of dependency has major consequences for future generations, for taxpayers, for the existence of the safety net for the truly needy, as well as for those who are currently trapped by welfare. Rather than robbing people of the dignity and power of work, government policies should encourage self-sufficiency and promote a culture that lifts people out of dependency. We are also advancing accountability and transparency in education through Students’ Right to Know, a solution that provides high school students and parents with information on all career pathways, including post-secondary education and skilled trades.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Workforce Reform

Regulations on jobs at both the local and state levels make it difficult for individuals to get a job and earn a living. There are also a growing number of non-traditional paths to work such as apprenticeships and alternative educational options, but students and parents aren't always aware of these opportunities.

Barriers and lack of knowledge are particularly hard on low-income individuals, those with disabilities, and inexperienced workers. These barriers to work limit opportunity and make it more difficult to climb the economic ladder.

FGA’s proven reforms aim to break down these barriers and expand opportunity for work, helping individuals find meaningful work across a variety of industries.

Population(s) Served
Economically disadvantaged people

Too many of our neighbors who could be working are trapped in the cycle of government dependency, leaving individuals and families behind and cutting into funding for the truly needy, education, public safety, and infrastructure.

FGA’s welfare reforms change that. By promoting prosperity through work, we can help individuals break free from dependency while preserving limited resources for the truly needy.

Population(s) Served
Adults

Too many individuals and families are regularly surprised by a big medical bill, not knowing the price of care until weeks after treatment. Consumers are still struggling with rising premiums. Middle-aged adults are concerned about changes to Medicare that could impact their parents’ health care and their own health in retirement years.

We are promoting health care solutions to respond to these problems, helping Americans receive access to lower cost, higher quality health insurance and promote price transparency.

Population(s) Served
Adults

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

We aim to expand opportunities for work, open up pathways to well-paying jobs, and help individuals leave welfare. To do so, we educate leaders on proven, innovative solutions to encourage work and create opportunities for individuals and families to break free from dependency.

FGA educates state and federal policymakers on welfare, workforce, and health care solutions to ensure they are prepared to help their constituents through meaningful reform. This involves equipping them with up-to-date polling and the latest research on key policy issues that are focused on promoting work and reducing dependency.

FGA's researchers and policy experts produce leading research on health care, welfare, workforce, and regulatory issues. We then share this research with our vast network of state and federal policymakers, agency leaders, executive staff members, and coalition partners. In doing so, we ensure that those who are in a position to make a difference are fully prepared to advance solutions to their constituents’ biggest problems.

As of December 31, 2022, FGA has achieved 1,952 total policy victories impacting all 50 states. These state and federal wins are creating opportunity across the country and allowing millions to experience the dignity that comes from work.

When opportunity expands and people move from dependency to work, our mission advances. Progress is when people like Ken in Texas go from being previously incarcerated to achieving their dreams of supporting their families through work. Progress is when people like John in Kansas go from being isolated by dependency to making more than $45,000 a year in the publishing industry. Progress is when people like Desiree can access health care options to choose the health insurance that works best for her family at a price she can afford.

Put simply, we measure progress by the number of lives that are improved through federal, state, and local reforms.

To measure the number of lives improved through our reforms, we conduct tracking studies using data provided by state governments. From these studies, we know people are leaving welfare and entering hundreds of different employment sectors. While some individuals may start at entry level or in minimum-wage positions, they quickly move up the economic ladder, often doubling their income in just a few years.

Moving forward, we will continue to advance both new and proven welfare, workforce, and health care solutions to meet the dynamic needs of the country.

As we work to serve all Americans, our focus remains the same: Provide more opportunities for work and help individuals get back to pursuing the American Dream.

Financials

FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC
Fiscal year: Jan 01 - Dec 31
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990

29.13

Average of 14.26 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990

2.5

Average of 3 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

17%

Average of 9% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2017 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation $773,891 $1,297,094 $2,466,860 $2,477,540 $2,494,050
As % of expenses 13.1% 16.5% 31.6% 29.1% 22.9%
Unrestricted surplus (deficit) after depreciation $768,222 $1,288,210 $2,454,696 $2,463,018 $2,478,516
As % of expenses 13.0% 16.3% 31.4% 28.9% 22.7%
Revenue composition info
Total revenue (unrestricted & restricted) $6,675,803 $9,424,541 $10,066,761 $10,609,566 $13,152,294
Total revenue, % change over prior year 47.7% 41.2% 6.8% 5.4% 24.0%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.3% 0.8% 1.2% 1.3% 1.1%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 99.7% 99.2% 98.8% 98.7% 98.9%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $5,901,912 $7,881,271 $7,811,520 $8,507,061 $10,903,986
Total expenses, % change over prior year 46.5% 33.5% -0.9% 8.9% 28.2%
Personnel 40.8% 49.0% 49.4% 54.0% 51.4%
Professional fees 14.1% 26.3% 32.7% 30.4% 28.6%
Occupancy 0.8% 0.6% 0.5% 0.7% 0.8%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 3.2% 0.0% 0.0% 0.0% 0.0%
All other expenses 41.0% 24.1% 17.4% 14.9% 19.2%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $5,907,581 $7,890,155 $7,823,684 $8,521,583 $10,919,520
One month of savings $491,826 $656,773 $650,960 $708,922 $908,666
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $9,539 $13,293 $0 $15,971 $0
Total full costs (estimated) $6,408,946 $8,560,221 $8,474,644 $9,246,476 $11,828,186

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 4.5 1.8 5.7 0.9 2.5
Months of cash and investments 4.5 4.2 9.3 12.0 12.1
Months of estimated liquid unrestricted net assets 4.1 5.0 8.8 11.6 11.8
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $2,199,833 $1,205,161 $3,696,671 $662,773 $2,311,238
Investments $0 $1,526,184 $2,356,387 $7,858,927 $8,704,238
Receivables $23,469 $100,000 $39,000 $0 $500,000
Gross land, buildings, equipment (LBE) $38,419 $51,712 $62,575 $78,547 $88,476
Accumulated depreciation (as a % of LBE) 45.9% 51.3% 61.8% 67.8% 77.7%
Liabilities (as a % of assets) 8.3% 17.1% 5.8% 2.3% 3.2%
Unrestricted net assets $2,026,998 $3,315,208 $5,769,904 $8,232,922 $10,711,438
Temporarily restricted net assets $75,000 $275,000 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $75,000 $275,000 $220,300 $345,000 $777,770
Total net assets $2,101,998 $3,590,208 $5,990,204 $8,577,922 $11,489,208

Key data checks

Key data checks info 2017 2018 2019 2020 2021
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President and Chief Executive Officer

Mr. Tarren Bragdon

Tarren Bragdon is the chief executive officer at the Foundation for Government Accountability, which he founded in 2011 to help people experience the power of work by advancing reforms that move individuals from dependency to work, reduce government barriers to better jobs, and lower the cost of private health coverage. Prior to joining FGA, Tarren served as the chief executive officer at the Maine Heritage Policy Center. He also served in the Maine House of Representatives, and remains the youngest person elected to the Maine Legislature. He holds a Bachelor of Science in Computer Science from the University of Maine and a Master of Science of Business from Husson University. Tarren has testified before Congress and multiple state legislative committees. His work has been featured in The Wall Street Journal, the New York Post, the Boston Globe, The New York Times, and he has appeared on NPR, Fox News, and numerous talk radio programs.

Number of employees

Source: IRS Form 990

FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
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FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC

Board of directors
as of 04/26/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mrs. Betty Neighbors

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 4/26/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Decline to state
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.