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The Difference Principle Inc

Milwaukee, WI   |  https://www.differenceprinciple.org
GuideStar Charity Check

The Difference Principle Inc

EIN: 46-2088738


Mission

The Difference Principle provides evidence-backed management and administrative services to nonprofit organizations. We are the parent organization under which a growing number of nonprofits thrive: our job is the administrative work, leaving the staff of our network organizations free to fulfill their agency's mission, vision, and goals. We foster multi-faceted solutions to complex social problems through collaboration, shared resource deployment, and multi-disciplinary problem solving strategies.

Ruling year info

2014

Chief Executive Officer & Co-Founder

Nicholas Sayner

Chief Operating Officer & Co-Founder

Edward Gordon

Main address

205 W Highland Ave Ste 509

Milwaukee, WI 53203 USA

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EIN

46-2088738

Subject area info

Philanthropy and public policy

Foundations

Nonprofits

Education

Population served info

Age groups

NTEE code info

Education N.E.C. (B99)

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

Affiliations

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Programs and results

What we aim to solve

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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?

Administrative

The Difference Principle provides all of the services needed by our network to allow them to focus not on the back office business of running a nonprofit, but on fulfilling their agency's mission. The following are some of the services provided by The Difference Principle's Executive Team:

Administrative Oversight
Management Recruitment, Development, Training, and Oversight
Human Resources
Employee Benefits Negotiation and Administration
Staff Recruitment, Development, and Training
Fund Development and Grant Writing
Contract Administration
Accounting, Bookkeeping, and Payroll Services
Information Technology
Board Development and Recruitment
Office Management

Population(s) Served

Where we work

Financials

The Difference Principle Inc
Fiscal year: Jan 01 - Dec 31

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 2022 info

SOURCE: IRS Form 990

1.59

Average of 3.82 over 9 years

Months of cash in 2022 info

SOURCE: IRS Form 990

0.4

Average of 0.7 over 9 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

14%

Average of 19% over 9 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

The Difference Principle Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

The Difference Principle Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

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

The Difference Principle Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of The Difference Principle 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 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$48,587 $17,389 $709,162 $36,054 $276,663
As % of expenses -4.5% 1.3% 48.3% 1.9% 12.8%
Unrestricted surplus (deficit) after depreciation -$51,773 $13,210 $706,051 $32,943 $273,552
As % of expenses -4.8% 1.0% 48.0% 1.7% 12.6%
Revenue composition info
Total revenue (unrestricted & restricted) $1,033,974 $1,395,199 $2,176,066 $2,098,633 $2,433,444
Total revenue, % change over prior year 54.6% 34.9% 56.0% -3.6% 16.0%
Program services revenue 98.1% 99.7% 81.7% 95.7% 96.8%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 18.2% 0.0% 0.0%
All other grants and contributions 0.0% 0.0% 0.0% 1.2% 0.0%
Other revenue 1.9% 0.3% 0.1% 3.1% 3.2%
Expense composition info
Total expenses before depreciation $1,078,829 $1,377,810 $1,466,904 $1,891,645 $2,169,281
Total expenses, % change over prior year 89.7% 27.7% 6.5% 29.0% 14.7%
Personnel 46.1% 63.4% 70.0% 78.8% 89.4%
Professional fees 3.0% 4.1% 4.2% 5.1% 0.6%
Occupancy 3.5% 4.8% 2.8% 3.9% 3.5%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 32.6% 10.3% 10.3% 0.0% 0.0%
All other expenses 14.7% 17.4% 12.7% 12.2% 6.5%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $1,082,015 $1,381,989 $1,470,015 $1,894,756 $2,172,392
One month of savings $89,902 $114,818 $122,242 $157,637 $180,773
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $14,575 $0 $0 $0 $0
Total full costs (estimated) $1,186,492 $1,496,807 $1,592,257 $2,052,393 $2,353,165

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 0.7 0.2 1.0 0.7 0.4
Months of cash and investments 0.7 0.2 1.0 0.7 0.4
Months of estimated liquid unrestricted net assets 0.4 0.4 6.2 5.0 5.9
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $62,937 $24,996 $117,972 $103,485 $77,570
Investments $0 $0 $0 $0 $0
Receivables $19,850 $96,886 $832,951 $768,301 $1,076,488
Gross land, buildings, equipment (LBE) $24,816 $24,816 $15,556 $15,556 $15,556
Accumulated depreciation (as a % of LBE) 37.2% 54.0% 50.0% 70.0% 90.0%
Liabilities (as a % of assets) 56.1% 58.3% 21.1% 8.4% 40.4%
Unrestricted net assets $47,326 $60,536 $766,587 $799,530 $1,073,082
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $12,500 $0
Total net assets $47,326 $60,536 $766,587 $812,030 $1,073,082

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

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

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Chief Executive Officer & Co-Founder

Nicholas Sayner

Chief Operating Officer & Co-Founder

Edward Gordon

Number of employees

Source: IRS Form 990

The Difference Principle Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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The Difference Principle Inc

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

The Difference Principle Inc

Board of directors
as of 01/17/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Doe Gregersen

Jack Anick

Organizational demographics

SOURCE: Self-reported; last updated 11/16/2022

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
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Contractors

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