Federal Funds Information for States Incorporated
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To provide federal budget information to states.
- Income
- $1.0 million
- Spending
- $939,797
- Spent on programs
- 90%
- Reserves
- 9.7 months of spending
- Largest source of income
- fees for its services, 97%
- Employees
- 5
- Volunteers
- 6
- Highest pay
- $252,113, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 83 out of 100. Higher than 60% of charities in its peer group (public benefit, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 9.7 months of spending.
Debt
10 of 20It owes 38% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
15 of 15Income rose 7% on the year before.
Spending floor
15 of 1590% of spending went to programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 70% of charities in its peer group (public benefit, $1m to $10m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $846,454 spent. State Budget Analysis: Track and report on approximately 240 federal grant-in-aid programs of interest to the states. Produce briefs and special reports on issues that have budget and policy impact upon the states. Evaluate the President's proposed budget and the enacted budget to determine the fiscal impact on states. Help states identify new opportunities for federal grant funding. FFIS reports include: Resources to help states manage federal funds, such as how to establish a grants office and an inventory of all federal grants. Materials include promising management practices from other states, as well as analyses that explain the big differences in how states fare in their fiscal relationship with the federal government. Our reports provide timely information on the federal budget process and its impact on states, as well as a weekly list of grant opportunities, and summaries of congressional and agency actions. A weekly listing of federal grant opportunities A weekly summary of congressional actions, and agency guidance and regulations. State-by-state budget estimates of congressional actions and changes in grant funding Summaries of the federal budget process and its effect on states The VIP Series, 50-state estimates in 48 hours after release and enactment of the federal budget. An online Grants Database: FFIS tracks more than 240 federal grant programs, or about 90% of total federal grants-in-aid. The database is updated twice each year and includes scads of information about the grants in it. Special analyses on other matters of interest, such as federal funding per capita. Access to FFIS staff to answer questions via e-mail, phone, webinars, or site visits. Semi-monthly State Policy Reports: Bi-monthly dispatches contain an abundance of 50-state data, covering trends in state taxes and spending, the quarterly Index of State Economic Momentum, the Camelot Index, and much more.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.