CENTER FOR ECONOMIC PROGRESS (EIN 363693728) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

ROBERT M BURKE

Phone

3122520280

Tax Period

2019-01-01 to 2019-09-30

CENTER FOR ECONOMIC PROGRESS, founded in 1990, is a small nonprofit that reported $872K in total revenue in fiscal year 2019. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 43% operating deficit.

Mission

IMPROVES THE FINANCIAL STABILITY OF WORKING FAMILIES BY PROVIDING TAX AND FINANCIAL SERVICES.

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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%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $1,019,189

Program Service Revenue $0

Investment Income $-147,810

Other Revenue $481

TOTAL REVENUE $871,860

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $896,710

Fundraising Expenses $78,676

Program Expenses $1,067,989

Other Expenses $332,603

TOTAL EXPENSES $1,249,313

Year-over-Year Comparison

	2019	2018	Change
Revenue	$871,860	$2,310,754	-0.6%
Expenses	$1,249,313	$2,918,257	-0.6%
Net Income	$-377,453	$-607,503	-0.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

449

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT M BURKE	PRESIDENT AND TREASURER	1.00	Officer Director	$0	$0	$0
JOHN CHANDLER	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMIE O'BRIEN	DIRECTOR	1.00	Director	$0	$0	$0
MARK SNEIDER	DIRECTOR	1.00	Director	$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
2019	$871,860	$1,249,313	No data	$-377,453
2018	$2,310,754	$2,918,257	$1,092,379	$-607,503

CENTER FOR ECONOMIC PROGRESS