INSTITUTE ON TAXATION AND ECONOMIC POLICY (EIN 042688165) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

AMY HANAUER

Phone

2022991066

Tax Period

2023-01-01 to 2023-12-31

INSTITUTE ON TAXATION AND ECONOMIC POLICY, founded in 1979, is a community nonprofit in the Public & Societal Benefit sector that reported $2.6M in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $3.6M exceeded revenue, resulting in a 38% operating deficit.

Mission

SEE PART III, LINE 1.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,393,140

Program Service Revenue $235,100

Investment Income $7,279

Other Revenue $0

TOTAL REVENUE $2,635,519

Expense Breakdown

Grants Paid $12,500

Salaries & Benefits $3,200,029

Fundraising Expenses $235,246

Program Expenses $3,126,117

Other Expenses $417,592

TOTAL EXPENSES $3,630,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,635,519	$5,613,646	-0.5%
Expenses	$3,630,121	$3,010,966	+0.2%
Net Income	$-994,602	$2,602,680	-1.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$284,784

Total Directors

Key Employees

$195,277

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NAOMI WALKER	CHAIR	0.50	Officer Director	$0	$0	$0
HENRY COLEMAN	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
MARIE-FRANCES RIVERA	DIRECTOR	0.50	Director	$0	$0	$0
ELAINE MEJIA	DIRECTOR	0.50	Director	$0	$0	$0
ED JAYNE	DIRECTOR	0.50	Director	$0	$0	$0
NICK JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
JOAN ENTMACHER	DIRECTOR	0.50	Director	$0	$0	$0
RENEE FRY	DIRECTOR	0.50	Director	$0	$0	$0
CYNTHIA CONNOLLY	DIRECTOR	0.50	Director	$0	$0	$0
CONNIE RAZZA	DIRECTOR	0.50	Director	$0	$0	$0
ERIC RODRIGUEZ	DIRECTOR	0.50	Director	$0	$0	$0
WHITNEY TUCKER	DIRECTOR	0.50	Director	$0	$0	$0
AMY HANAUER	EXECUTIVE DIRECTOR	39.20	Officer	$217,579	$67,205	$284,784
STEVE WAMHOFF	FEDERAL POLICY DIRECTOR	40.00	Key Emp	$152,852	$42,425	$195,277
MATTHEW GARDNER	SENIOR FELLOW	40.00	Highest	$139,984	$34,608	$174,592
AIDAN DAVIS	SENIOR POLICY ANALYST	40.00	Highest	$133,650	$13,559	$147,209
JON WHITEN	COMMUNICATIONS DIRECTOR	40.00	Highest	$149,100	$52,094	$201,194
MICHAEL ETTLINGER	SENIOR FELLOW	40.00	Highest	$130,071	$50,088	$180,159
CARL DAVIS	RESEARCH DIRECTOR	40.00	Highest	$129,895	$46,509	$176,404

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,635,519	$3,630,121	$4,926,104	$-994,602
2022	$5,613,646	$3,010,966	$6,080,421	$2,602,680
2021	$2,965,495	$2,764,609	$2,141,343	$200,886
2020	$2,428,949	$2,482,828	$1,896,213	$-53,879
2019	$1,108,156	$2,191,570	$1,872,425	$-1,083,414
2018	$4,189,535	$2,130,137	$3,019,864	$2,059,398

INSTITUTE ON TAXATION AND ECONOMIC POLICY