ASSOCIATION FOR EVOLUTIONARY ECONOMICS

EIN: 470635527 501(c)(3) International Affairs

SALISBURY, NC

Total Revenue
$318,442
Total Expenses
$214,667
Total Assets
$1,894,733
Net Assets
$1,885,203
🔒

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
1981
Legal Domicile
NE
Principal Officer
ALEXANDRA BERNASEK
Phone
7046374293
Tax Period
2025-01-01 to 2025-12-31

ASSOCIATION FOR EVOLUTIONARY ECONOMICS, founded in 1981, is a small nonprofit in the International Affairs sector that reported $318K in total revenue in fiscal year 2025. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $104K, a strong 33% operating margin.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO FOSTER THE EVOLUTION OF ECONOMIC THOUGHT AND STUDY AND TO PROMOTE THE DEVELOPMENT AND USE OF A BROADER, MORE HOLISTIC FRAMEWORK FOR ANALYSIS OF THE ECONOMY.

Program Service Accomplishments

Program 1
Expenses: $139,016 Revenue: $120,950

THE ORGANIZATION PUBLISHES AND DISTRIBUTES THE JOURNAL OF ECONOMIC ISSUES, A SCHOLARLY AND EDUCATIONAL COLLECTION OF RESEARCH PAPERS, ARTICLES, AND BOOK REVIEWS FOCUSING ON THEORETICAL AND APPLIED...

Read more

THE ORGANIZATION PUBLISHES AND DISTRIBUTES THE JOURNAL OF ECONOMIC ISSUES, A SCHOLARLY AND EDUCATIONAL COLLECTION OF RESEARCH PAPERS, ARTICLES, AND BOOK REVIEWS FOCUSING ON THEORETICAL AND APPLIED INSTITUTIONAL ECONOMICS AND RELATED ISSUES. THE JOURNAL IS PUBLISHED QUARTERLY AND DISTRIBUTED TO MORE THAN 375 MEMBERS AND MORE THAN 950 LIBRARIES THROUGHOUT THE WORLD.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $11,693
Program Service Revenue $120,950
Investment Income $185,799
Other Revenue $0
TOTAL REVENUE $318,442

Expense Breakdown

Grants Paid $2,250
Salaries & Benefits $66,513
Fundraising Expenses $0
Program Expenses $139,016
Other Expenses $145,904
TOTAL EXPENSES $214,667

Year-over-Year Comparison

2025 2024 Change
Revenue $318,442 $182,798 +0.7%
Expenses $214,667 $200,021 +0.1%
Net Income $103,775 $-17,223 -7.0%
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
2
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
$6,000
Total Directors
10
$6,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILFRED DOLFSMA PRESIDENT N/A
Officer
$0 $0 $0
STEPHEN PASCHALL PRESIDENT EL N/A
Officer Director
$0 $0 $0
ALEXANDRA BERNASEK PAST PRESIDE N/A
Officer Director
$0 $0 $0
ERIC HAKE SECRETARY/TR 1.00
Officer Director
$6,000 $0 $6,000
VALERIE KEPNER BOARD MEMBER N/A
Director
$0 $0 $0
ELLEN MUTARI BOARD MEMBER N/A
Director
$0 $0 $0
YAN LIANG BOARD MEMBER N/A
Director
$0 $0 $0
KAROL GIL-VASQUEZ BOARD MEMBER N/A
Director
$0 $0 $0
BARBARA HOPKINS BOARD MEMBER N/A
Director
$0 $0 $0
SUSAN SCHROEDER BOARD MEMBER N/A
Director
$0 $0 $0
DANIELLE GUIZZO INTL DIRECTO N/A
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
2025 $318,442 $214,667 $1,894,733 $103,775
2024 No data No data No data No data
2023 $201,639 $217,966 $1,503,930 $-16,327
2022 $134,297 $113,797 $1,380,967 $20,500
2021 $151,735 $93,989 $1,657,799 $57,746
2020 $134,726 $85,260 $1,440,512 $49,466
2019 $170,144 $133,292 $1,239,054 $36,852
2018 $139,473 $108,047 $1,104,148 $31,426
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ASSOCIATION FOR EVOLUTIONARY ECONOMICS with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.