Policy Academies
- Assets
- $3.2m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-3333541
Organization Overview
Policy Academies is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Policy Academies is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Policy Academies generated $3.4m in total revenue. All expenses for the organization totaled $599.8k during the year ending 12/2021. While expenses have increased by 89.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE POLICY ACADEMIES' MISSION IS TO BUILD AND SUSTAIN MEANINGFUL DIVERSITY IN PUBLIC POLICY ANALYSIS AND RESEARCH BY: CULTIVATING THE POLICY CAREERS OF YOUNG SCHOLARS AND WORKING WITH LEADING POLICY INSTITUTIONS TO ENSURE RESEARCH PRACTICE IS GROUNDED IN RACIAL EQUITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALUMNI LEADERSHIP DEVELOPMENT: EARLY CAREER SUPPORTS: REFINE, DESIGN AND BEGIN IMPLEMENTATION OF ALUMNI PROGRAM FOR 41 ALUMNI AND CONNECT WITH GRADUATE SCHOOL AND CAREER OPPORTUNITIES. HOLD ALUMNI CONVENING IN CONJUNCTION WITH ASSOCIATION OF PUBLIC POLICY ANALYSIS AND MANAGEMENT'S ANNUAL RESEARCH CONFERENCE.
ACADEMY FELLOWSHIP TRAINING PROGRAMS: THESE ARE ONE- AND TWO-YEAR FELLOWSHIP PROGRAMS FOR UNDERGRADUATES, PRE-MASTERS, AND GRADUATE STUDENTS IN PARTNERSHIP WITH THE NATION'S LEADING THINK TANKS. WHEN 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.ACADEMY FOR PUBLIC POLICY ANALYSIS AND RESEARCH WITH HOST PARTNER URBAN INSTITUTEFOR OVER A DECADE, TPA HAS REFINED A PROGRAM MODEL THAT COMBINES HIGH-DEMAND TECHNICAL SKILLS TRAINING, PERSONALLY TAILORED RESEARCH MENTORSHIP, EXPOSURE TO SCHOLARS FROM LEADING THINK TANKS AND EARLY CAREER SUPPORT FOR PUBLIC POLICY SCHOLARS OF COLOR FROM HISTORICALLY EXPLOITED COMMUNITIES. OUR PROGRAMS ARE DESIGNED TO CONNECT THE POLICY ACADEMIES FELLOWS MANY OF WHOM ARE THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE, TO LEADING POLICY INSTITUTIONS IN THE UNITED STATES. EACH YEAR, THE ACADEMY PROGRAM DREW ON THE RESEARCH AND POLICY EXPERTISE OF OVER 75 LEADING SCHOLARS, PRACTITIONERS, AND POLICY OFFICIALS ACROSS PROMINENT INSTITUTIONS IN DC AND BEYOND. THESE INFLUENTIAL EXPERTS SERVED AS RESEARCH MENTORS, TRAINERS, TEACHERS, AND CONNECTORS. KIJAKAZI FELLOWSHIP PROGRAM WITH HOST PARTNER NATIONAL ACADEMY OF SOCIAL INSURANCETHIS NEW PROGRAM WILL CULTIVATE AND ACCELERATE THE CAREERS OF EMERGING POLICY SCHOLARS WHOSE WORK ADDRESSES THE ISSUES TO WHICH DR. KILOLO KIJAKAZI HAS DEDICATED HER STELLAR CAREER. THESE WILL BE ONE- OR TWO-YEAR RESEARCH TRAINING PROGRAMS FOR GRADUATE STUDENT AND WILL FOCUS ON RACIAL AND GENDER WEALTH GAPS AND STRUCTURAL RACISM IN U.S. SOCIAL INSURANCE AND RELATED PUBLIC POLICIES. THE FELLOWSHIP WILL OFFER INTENSIVE FULL-TIME PROGRAMMING DURING THE SUMMER -- WITH ADDITIONAL REMOTE RESEARCH MENTORING SUPPORT AND CAREER GUIDANCE DURING THE ACADEMIC YEAR. STAY TUNED!
GRADUATE SCHOOL NETWORK: THE POLICY ACADEMIES HAS LAID THE GROUNDWORK FOR COLLABORATION WITH LEADING GRADUATE PROGRAMS IN PUBLIC POLICY AND RELATED FIELDS TO SUPPORT THE ACADEMY ALUMNI'S FURTHER EDUCATION AND TRAINING AND ALLOW THEM TO COMPLETE GRADUATE SCHOOL ON TIME AND DEBT-FREE. THIS COMPONENT IS READY TO IMPLEMENT (INCLUDING PROGRAM DESIGN, ENGAGEMENTS WITH SEVERAL LEADING GRADUATE SCHOOLS, AND TRAINING AND ALUMNI SUPPORTS), AS SOON AS SOME GRADUATE SCHOOL PARTNERSHIPS HAVE RIPENED, OTHERS HAVE BEEN ESTABLISHED, AND WE HAVE ADDITIONAL STUDENTS WITH THE REQUISITE WORK EXPERIENCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynette Rawlings President And CEO | OfficerTrustee | 40 | $175,000 |
Angela Glover Blackwell Chair | OfficerTrustee | 1 | $0 |
Darrick Hamilton Director | Trustee | 1 | $0 |
Nick Turner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,365,076 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,365,076 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,365,076 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $79,500 |
| Grants and other assistance to domestic individuals. | $93,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $205,159 |
| Compensation of current officers, directors, key employees. | $20,516 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,333 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $83,750 |
| Advertising and promotion | $3,173 |
| Office expenses | $29,290 |
| Information technology | $1,440 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,466 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,752 |
| Interest | $7,272 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $100 |
| All other expenses | $20,035 |
| Total functional expenses | $599,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,633,259 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,545,050 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,178,309 |
| Accounts payable and accrued expenses | $31,886 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,886 |
| Net assets without donor restrictions | $1,003,188 |
| Net assets with donor restrictions | $2,143,235 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,178,309 |
Grants Awarded
Over the last fiscal year, Policy Academies has awarded $79,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPPORT | $30,000 |
UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: GENERAL SUPPORT | $18,500 |
Oakland, CA PURPOSE: GENERAL SUPPORT | $17,500 |
THE STORY OF OUR SCHOOLS PURPOSE: GENERAL SUPPORT | $13,500 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Policy Academies has recieved totaling $1,143,000.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: U.S. ECONOMIC MOBILITY & OPPORTUNITY | $700,000 |
Henry Luce Foundation Inc New York, NY PURPOSE: CULTIVATING AND SUPPORTING TALENT PIPELINES TO CREATE PUBLIC POLICY GROUNDED IN RACIAL EQUITY | $150,000 |
Henry Luce Foundation Inc New York, NY PURPOSE: CULTIVATING AND SUPPORTING TALENT PIPELINES TO CREATE PUBLIC POLICY GROUNDED IN RACIAL EQUITY | $150,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT | $143,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ctia-The Wireless Association Washington, DC | $237,780,114 | $87,124,498 |
Association Of American Railroads Washington, DC | $28,256,585 | $56,732,394 |
Municipal Securities Rulemaking Board Washington, DC | $78,531,119 | $35,699,202 |
American Gas Association Washington, DC | $54,599,533 | $35,694,026 |
National Association Of Corporate Directors Arlington, VA | $39,765,653 | $29,674,430 |
Association Of The United States Army Inc Arlington, VA | $92,353,784 | $27,615,070 |
National Association Of Counties Washington, DC | $110,279,270 | $28,057,928 |
American Public Power Assoc Arlington, VA | $27,597,409 | $24,009,237 |
American Public Transit Association Washington, DC | $25,928,823 | $18,627,373 |
National Association Of Federal Credit Unions Inc Arlington, VA | $31,185,033 | $18,837,903 |
National Telecommunications Cooperative Association Arlington, VA | $35,978,919 | $14,734,223 |
Nreca International Ltd Arlington, VA | $16,103,141 | $13,958,230 |