SCHUMACHER CTR FOR A NEW ECONOMICS INC

EIN: 461421645 501(c)(3) Social Science

GREAT BARRINGTON, MA

Total Revenue
$996,033
Total Expenses
$1,080,613
Total Assets
$827,616
Net Assets
$826,425
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MA
Principal Officer
MATTHEW STINCHCOMB
Phone
4135281737
Tax Period
2023-01-01 to 2023-12-31

SCHUMACHER CTR FOR A NEW ECONOMICS INC, founded in 2012, is a small nonprofit in the Social Science sector that reported $996K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum.

Mission

EDUCATION - TO EDUCATE THE PUBLIC ABOUT AN ECONOMICS THAT SUPPORTS BOTH PEOPLE AND THE PLANET.

Program Service Accomplishments

Program 1
Expenses: $509,126

LOCAL CURRENCY PROJECT - THE SCHUMACHER CENTER FOR A NEW ECONOMICS PROVIDED RESEARCH ASSISTANCE, DEVELOPMENT, AND ADMINISTRATIVE OVERSIGHT FOR BERKSHARES, A LOCAL CURRENCY DESIGNED TO EDUCATE...

Read more

LOCAL CURRENCY PROJECT - THE SCHUMACHER CENTER FOR A NEW ECONOMICS PROVIDED RESEARCH ASSISTANCE, DEVELOPMENT, AND ADMINISTRATIVE OVERSIGHT FOR BERKSHARES, A LOCAL CURRENCY DESIGNED TO EDUCATE CITIZENS ABOUT THE IMPORTANCE OF VIBRANT, SELF-SUFFICIENT, REGIONAL ECONOMIES. THE CENTER CREATED EDUCATIONAL MATERIAL FOR PRINT AND ONLINE; DEVELOPED SYSTEMS FOR INTEGRATING WITH BANK OPERATIONS; HOSTED MEDIA, AND REPRESENTATIVES OF COMMUNITIES IN OTHER REGIONS WHO ARE STUDYING THE PROGRAM. THE BERKSHARES PROGRAM SERVES 10,000 PERSONS REGIONALLY AND THROUGH MEDIA AND INTERNET REACHES OVER 50,000 PERSONS NATIONALLY AND INTERNATIONALLY. IN ADDITION, THE SCHUMACHER CENTER SUPPORTED COMMUNITY ECONOMICS IN KENYA TO RESEARCH AND FURTHER DEVELOP CURRENCY SYSTEMS FOR UNBANKED MARGINAL COMMUNITIES THROUGHOUT ITS REGION. THROUGH COMMUNITY INCLUSION CURRENCIES PEOPLE HAVE A WAY TO EXCHANGE GOODS AND SERVICES AND INCUBATE PROJECTS AND BUSINESSES, WITHOUT RELYING ON SCARCE NATIONAL CURRENCY AND VOLATILE MARKETS.

Program 2
Expenses: $150,505

THE REINVENTING THE COMMONS PROGRAM CONDUCTS RESEARCH INTO THE COMMONS AS A PARADIGM OF ECONOMIC AND SOCIAL CHANGE, AND SHARES IT WITH SCHOLARS, POLICY EXPERTS AND THE PUBLIC. IN 2023 THIS WORK WAS...

Read more

THE REINVENTING THE COMMONS PROGRAM CONDUCTS RESEARCH INTO THE COMMONS AS A PARADIGM OF ECONOMIC AND SOCIAL CHANGE, AND SHARES IT WITH SCHOLARS, POLICY EXPERTS AND THE PUBLIC. IN 2023 THIS WORK WAS PRESENTED IN MANY FORMS. THE PROGRAM DIRECTOR MADE IN-PERSON KEYNOTE TALKS AT LARGE CONFERENCES AND PUBLIC EVENTS (7) AND INFORMAL PRESENTATIONS TO SMALLER AUDIENCES (5). THE PROGRAM DIRECTOR ALSO HOSTED HIS OWN PODCAST SHOW (12 EPISODES)AND ONLINE VIDEO LECTURE SERIES (6 TALKS). HE PUBLISHED ESSAYS IN PRINT AND WEB MAGAZINES(3), PARTICIPATED IN ONLINE INTERVIEWS AND WEBINARS HOSTED BY EDUCATIONAL INSTITUTIONS AND NONPROFIT ORGANIZATIONS (12), OFFERED PUBLIC ENDORSEMENTS FOR NOTEWORTHY BOOKS (3), AND GAVE (NO-COST)CONSULTATIONS TO ACTIVISTS AND ORGANIZATIONS (80+). MORE THAN 500 COPIES OF A BOOK PUBLISHED BY THE PROGRAM WERE SOLD OR DISTRIBUTED. THE PROGRAM'S MONTHLY PODCAST HAD MORE THAN 15,000 DOWNLOADS AND LIVE-STREAMS, AND ITS EIGHT WEBSITES (FOR COMMONS-RELATED BOOKS AND TOPICS)HAD A COMBINED VISITORSHIP OF MORE THAN 50,000 PEOPLE.

Program 3
Expenses: $57,627

THE COMMUNITY LAND TRUST PROGRAM IS PROVIDING INFORMATION ABOUT THE ROLE OF LAND AND NATURAL RESOURCES IN A NEW ECONOMIC SYSTEM. WORKING WITH OUR LOCAL BERKSHIRE COMMUNITY LAND TRUST, THE SCHUMACHER...

Read more

THE COMMUNITY LAND TRUST PROGRAM IS PROVIDING INFORMATION ABOUT THE ROLE OF LAND AND NATURAL RESOURCES IN A NEW ECONOMIC SYSTEM. WORKING WITH OUR LOCAL BERKSHIRE COMMUNITY LAND TRUST, THE SCHUMACHER CENTER HELPED FOUND AND PROMOTE FARMSTEADS FOR FARMERS AS A WAY TO SUPPORT SECURE ACCESS TO FARMLAND AND HOUSING FOR THE MANY SMALL FARMERS PROVIDING FOOD FOR THE REGION. A 79 ACRE SITE IS UNDER CONTRACT TO PURCHASE, HOLD, AND LEASE TO A BERKSHIRE MOBILE CHICKEN FARMER SUPPLYING EGGS TO LOCAL MARKETS AND FOOD PANTRIES. STORIES ABOUT THE FARMSTEADS FOR FARMERS APPEARED IN LOCAL AND REGIONAL PRINT,ONLINE,RADIO AND TV MEDIA REACHING OVER 30,000 PEOPLE. DOCUMENTS FOR THE FARMSTEADS FOR FARMERS MODELED ON THOSE OF INDIAN LINE FARM ARE ON THE SCHUMACHER CENTER'S WEBSITE WHERE THEY ARE ACCESSED BY GROUPS REPRESENTING FARMERS FACING SIMILAR LAND INSECURITY ISSUES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $960,188
Program Service Revenue $27,393
Investment Income $3,761
Other Revenue $4,691
TOTAL REVENUE $996,033

Expense Breakdown

Grants Paid $0
Salaries & Benefits $382,576
Fundraising Expenses $52,726
Program Expenses $851,502
Other Expenses $698,037
TOTAL EXPENSES $1,080,613

Year-over-Year Comparison

2023 2022 Change
Revenue $996,033 $672,691 +0.5%
Expenses $1,080,613 $733,163 +0.5%
Net Income $-84,580 $-60,472 +0.4%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
11
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AGATHA BACELAR DIRECTOR 0.50
Director
$0 $0 $0
JODIE EVANS DIRECTOR 0.50
Director
$0 $0 $0
SEVERINE VON TSCHARNER FLEMING DIRECTOR 0.50
Director
$0 $0 $0
PAUL FLETCHER-HILL TREASURER 2.00
Officer Director
$0 $0 $0
ALEX FORRESTER DIRECTOR 0.50
Director
$0 $0 $0
TONY HERNANDEZ DIRECTOR 0.50
Director
$0 $0 $0
BROOKE LEHMAN VICE PRESIDE 0.50
Officer Director
$0 $0 $0
ALICE MAGGIO CLERK 2.00
Officer Director
$0 $0 $0
MATTHEW STINCHCOMB PRES OF BD O 2.00
Officer Director
$0 $0 $0
KALI AKUNO WILLIAMS DIRECTOR 5.00
Director
$0 $0 $0
SEBASTIAN WOOD DIRECTOR 0.50
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
2024 No data No data No data No data
2023 $996,033 $1,080,613 $827,616 $-84,580
2022 $672,691 $733,163 $912,234 $-60,472
2021 $619,232 $647,307 $968,901 $-28,075
2020 $852,608 $644,803 $997,524 $207,805
2019 $754,165 $506,807 $991,259 $247,358
2018 $463,204 $444,655 $542,019 $18,549
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SCHUMACHER CTR FOR A NEW ECONOMICS INC with other nonprofits in Massachusetts and across the country.