State Voices
State Voices reports recent operating deficits after a period of high revenue and zero officer compensation.
EIN: 201115618 · Washington, DC · NTEE: R40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.0M |
| Total Expenses | $20.2M |
| Program Spending | 75% |
| Net Assets | $20.3M |
| Transparency Score | 85/100 |
Is State Voices Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
State Voices directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About State Voices
State Voices (EIN: 201115618) is a nonprofit organization based in Washington, DC, classified under NTEE code R40. The organization reported total revenue of $19.0M and total assets of $15.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of State Voices's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
State Voices is a large nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.5M |
| Total Expenses | $20.2M |
| Surplus / Deficit | $-4,678,707 |
| Total Assets | $21.4M |
| Total Liabilities | $1.2M |
| Net Assets | $20.3M |
| Operating Margin | -30.2% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 12.8 months |
Financial Health Grade: B
In 2023, State Voices reported a deficit of $4.7M with expenses exceeding revenue, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), State Voices's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.8% | -23.2% | -19.6% |
| 2022 | -17.7% | +18.7% | -17.4% |
| 2021 | -54.5% | -33.0% | +4.2% |
| 2020 | +242.9% | +155.7% | +181.7% |
| 2019 | +57.2% | +0.8% | +46.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates State Voices with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, State Voices allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly favorable for transparency and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of State Voices's IRS 990 filings:
- Operating deficits in recent years (2022 and 2023) where expenses exceeded revenue.
- Significant fluctuation in revenue and expenses year-over-year, indicating potential funding instability or project-based funding cycles.
Strengths
The following positive indicators were identified for State Voices:
- Consistent reporting of 0% officer compensation, indicating strong transparency and efficient use of funds for leadership.
- Substantial asset base, with $21.45 million in 2023, providing a buffer against financial fluctuations.
- Generally low liabilities relative to assets, suggesting good financial management of debt.
Frequently Asked Questions about State Voices
Is State Voices a legitimate charity?
State Voices (EIN: 201115618) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $19.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does State Voices spend its money?
State Voices directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to State Voices tax-deductible?
State Voices is registered as a tax-exempt nonprofit (EIN: 201115618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of State Voices's spending goes to programs?
State Voices directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does State Voices compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), State Voices is above average for NTEE category R40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is State Voices located?
State Voices is headquartered in Washington, Washington DC and files with the IRS under EIN 201115618. It is classified under NTEE code R40.
How many years of IRS 990 filings does State Voices have?
State Voices has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $19.0M in total revenue.
Is State Voices financially stable given recent operating deficits?
State Voices has experienced operating deficits in 2023 ($4.68 million) and 2022 ($6.43 million), which suggests a need to monitor its financial stability. While assets remain substantial ($21.45 million in 2023), sustained deficits could impact long-term operations.
What caused the significant revenue spike in 2020?
The provided data shows a revenue spike to $52.9 million in 2020 from $15.4 million in 2019. Without further details from the 990, the specific cause (e.g., large grants, specific campaigns) cannot be determined, but it represents a significant one-time or short-term funding increase.
How does State Voices manage its liabilities?
State Voices' liabilities have generally remained low relative to its assets, ranging from $254,408 in 2015 to $1.72 million in 2022, and $1.16 million in 2023. This indicates a healthy balance sheet with manageable debt.
Filing History
IRS 990 filing history for State Voices showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), State Voices's revenue has grown by 190.1%, moving from $5.3M to $15.5M. Total assets increased by 1378.1% over the same period, from $1.5M to $21.4M. Total functional expenses rose by 290.2%, from $5.2M to $20.2M. In its most recent filing year (2023), State Voices reported a deficit of $4.7M, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $21.4M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $20.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.5M | $20.2M | $21.4M | $1.2M | — | — |
| 2022 | $19.8M | $26.3M | $26.7M | $1.7M | — | View 990 |
| 2021 | $24.1M | $22.1M | $32.3M | $918K | — | View 990 |
| 2020 | $52.9M | $33.0M | $31.0M | $1.6M | — | View 990 |
| 2019 | $15.4M | $12.9M | $11.0M | $1.5M | — | View 990 |
| 2018 | $9.8M | $12.8M | $7.5M | $508K | — | View 990 |
| 2017 | $12.1M | $8.3M | $10.4M | $334K | — | View 990 |
| 2016 | $9.9M | $13.8M | $6.7M | $653K | — | View 990 |
| 2015 | $13.1M | $8.9M | $10.2M | $254K | — | View 990 |
| 2014 | $11.3M | $10.0M | $6.2M | $479K | — | View 990 |
| 2013 | $8.4M | $7.8M | $5.2M | $729K | — | View 990 |
| 2012 | $15.1M | $12.7M | $4.2M | $419K | — | View 990 |
| 2011 | $5.4M | $5.2M | $1.9M | $524K | — | View 990 |
| 2010 | $5.3M | $5.2M | $1.5M | $225K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.5M, expenses of $20.2M, and assets of $21.4M (revenue -21.8% year-over-year).
- 2022: Revenue of $19.8M, expenses of $26.3M, and assets of $26.7M (revenue -17.7% year-over-year).
- 2021: Revenue of $24.1M, expenses of $22.1M, and assets of $32.3M (revenue -54.5% year-over-year).
- 2020: Revenue of $52.9M, expenses of $33.0M, and assets of $31.0M (revenue +242.9% year-over-year).
- 2019: Revenue of $15.4M, expenses of $12.9M, and assets of $11.0M (revenue +57.2% year-over-year).
- 2018: Revenue of $9.8M, expenses of $12.8M, and assets of $7.5M (revenue -19.0% year-over-year).
- 2017: Revenue of $12.1M, expenses of $8.3M, and assets of $10.4M (revenue +22.8% year-over-year).
- 2016: Revenue of $9.9M, expenses of $13.8M, and assets of $6.7M (revenue -24.6% year-over-year).
- 2015: Revenue of $13.1M, expenses of $8.9M, and assets of $10.2M (revenue +16.2% year-over-year).
- 2014: Revenue of $11.3M, expenses of $10.0M, and assets of $6.2M (revenue +34.2% year-over-year).
- 2013: Revenue of $8.4M, expenses of $7.8M, and assets of $5.2M (revenue -44.5% year-over-year).
- 2012: Revenue of $15.1M, expenses of $12.7M, and assets of $4.2M (revenue +181.3% year-over-year).
- 2011: Revenue of $5.4M, expenses of $5.2M, and assets of $1.9M (revenue +0.5% year-over-year).
- 2010: Revenue of $5.3M, expenses of $5.2M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for State Voices:
Data Sources and Methodology
This transparency report for State Voices is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.