CENTER FOR FINANCIAL STABILITY INC

EIN: 272106625 501(c)(3) Science & Technology

NEW YORK, NY

Total Revenue
$2,406,424
Total Expenses
$477,477
Total Assets
$3,033,655
Net Assets
$3,032,918
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
DE
Principal Officer
LAWRENCE GOODMAN
Phone
2126262660
Tax Period
2023-07-01 to 2024-06-30

CENTER FOR FINANCIAL STABILITY INC, founded in 2009, is a community nonprofit in the Science & Technology sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 80% operating margin.

Mission

THE CENTER FOR FINANCIAL STABILITY IS AN INDEPENDENT, NONPARTISAN, AND NONPROFIT THINK TANK FOCUSED ON FINANCIAL MARKETS FOR THE BENEFIT OF INVESTORS, OFFICIALS, AND THE PUBLIC. CFS PROMOTES A STRONGER AND MORE STABLE FINANCIAL SYSTEM THROUGH BOLD, INNOVATIVE AND PRACTICAL POLICY-ORIENTED RESEARCH, STRUCTURED DIALOG, EDUCATION AND OUTREACH TO THE PUBLIC.

Program Service Accomplishments

Program 1
Expenses: $235,886

TO DEVELOP A WEB-BASED FINANCIAL POLICY LIBRARY AND MAINTAIN OTHER WEB OFFERINGS SUCH AS REALTIME MEASURES OF THE US MONETARY AND FINANCIAL SYSTEM TO THE PUBLIC-ADVANCES IN MONETARY AND FINANCIAL...

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TO DEVELOP A WEB-BASED FINANCIAL POLICY LIBRARY AND MAINTAIN OTHER WEB OFFERINGS SUCH AS REALTIME MEASURES OF THE US MONETARY AND FINANCIAL SYSTEM TO THE PUBLIC-ADVANCES IN MONETARY AND FINANCIAL MEASUREMENT (AMFM), HISTORICAL FINANCIAL STATISTICS, AND CONTINUOUS FINANCIAL TIMELINE SINCE BEFORE THE 2008 CRISIS.

Program 2
Expenses: $235,886

TO PROMOTE GLOBAL MACRO AND FINANCIAL POLICY RESEARCH AND EVENTS SUCH AS CONFERENCES.

Program 3
Expenses: $5,705

SOCIETY OF ECONOMIC MEASUREMENT (SEM) COMMITTEE EXISTS TO PROMOTE RESEACH ON ECONOMIC MEASUREMENT, USING THE MOST ADVANCED TOOLS FROM ECONOMIC THEORY, ECONOMETRICS, AGGREGATION THEORY, EXPERIMENTAL...

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SOCIETY OF ECONOMIC MEASUREMENT (SEM) COMMITTEE EXISTS TO PROMOTE RESEACH ON ECONOMIC MEASUREMENT, USING THE MOST ADVANCED TOOLS FROM ECONOMIC THEORY, ECONOMETRICS, AGGREGATION THEORY, EXPERIMENTAL ECONOMICS, MATHEMATICS, AND STATISTICS AND TO FACILITTE COMMUNICATION AMONG RESEARCHERS N FIELDS AND METHODS THAT WILL ENHANCE THE DEVELOPEMENT OF OF ECONOMIC MEASUREMENT. TO PURSUE THESE OBJECTIVES, THE SEM SPONSORS SCIENTIFIC CONFERENCES AND WORKSHOPS. SEM HAS OVER 2,000 MEMBERS AND AFFIIATED RELATIONSHIPS WITH 11 ACADEMIC JOURNALS AND 3 MONOGRAPH SERIES

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,662,180
Program Service Revenue $0
Investment Income $138,069
Other Revenue $606,175
TOTAL REVENUE $2,406,424

Expense Breakdown

Grants Paid $0
Salaries & Benefits $234,980
Fundraising Expenses $0
Program Expenses $477,477
Other Expenses $242,497
TOTAL EXPENSES $477,477

Year-over-Year Comparison

2023 2022 Change
Revenue $2,406,424 $1,191,826 +1.0%
Expenses $477,477 $214,016 +1.2%
Net Income $1,928,947 $977,810 +1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
N/A

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
15
$100,000
Total Directors
3
$100,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAWRENCE GOODMAN PRESIDENT/TREASURER/TRUSTE 15.00
Officer Director
$100,000 $0 $100,000
PETER N FLOCOS SECRETARY/TRUSTEE 2.00
Officer Director
$0 $0 $0
RANDAL K QUARLES CHAIR ADVISORY BOARD/TRUST 1.00
Officer Director
$0 $0 $0
WILLIAM R RHODES ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
EDUARDO ANINAT ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
SHEILA BAIR ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
WILLIAM W BRADLEY ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
JOYCE CHANG ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
M SHAFIK GABR ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
CHARLES GOODHART ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
HENRY KAUFMAN ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
BARBARA G NOVICK ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
GUILLERMO ORTIZ ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
RICHARD L SANDOR ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
MYRON SCHOLES ADVISORY BOARD MEMBER 0.50
Officer
$0 $0 $0
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
2025 No data No data No data No data
2025 No data No data No data No data
2024 $2,406,424 $477,477 $3,033,655 $1,928,947
2023 $1,191,826 $214,016 $1,104,708 $977,810
2022 $166,169 $206,007 $126,581 $-39,838
2021 $237,968 $234,244 $170,879 $3,724
2020 $341,212 $319,083 $178,513 $22,129
2019 $183,051 $239,618 $152,292 $-56,567
2018 $135,537 $184,312 $201,174 $-48,775
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