ASSOCIATION FOR EVOLUTIONARY ECONOMICS

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

SALISBURY, NC

Total Revenue
$201,639
Total Expenses
$217,966
Total Assets
$1,503,930
Net Assets
$1,502,679
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
NE
Principal Officer
ALEXANDRA BERNASEK
Phone
7046374293
Tax Period
2023-01-01 to 2023-12-31

ASSOCIATION FOR EVOLUTIONARY ECONOMICS, founded in 1981, is a small nonprofit in the International Affairs sector that reported $202K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. Net assets of $1.5M represent 89 months of operating reserves.

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.

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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 $12,840
Program Service Revenue $100,355
Investment Income $88,444
Other Revenue $0
TOTAL REVENUE $201,639

Expense Breakdown

Grants Paid $0
Salaries & Benefits $48,733
Fundraising Expenses $0
Program Expenses $158,544
Other Expenses $169,233
TOTAL EXPENSES $217,966

Year-over-Year Comparison

2023 2022 Change
Revenue $201,639 $134,297 +0.5%
Expenses $217,966 $113,797 +0.9%
Net Income $-16,327 $20,500 -1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDRA BERNASEK PRESIDENT N/A
Officer Director
$0 $0 $0
WILFRED DOLFSMA PRESIDENT EL N/A
Officer
$0 $0 $0
GARY DYMSKI PAST PRESIDE N/A
Officer Director
$0 $0 $0
ERIC HAKE SECRETARY/TR N/A
Officer 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
LYNNE CHESTER BOARD MEMBER N/A
Director
$0 $0 $0
WOLFRAM ELSNER BOARD MEMBER N/A
Director
$0 $0 $0
THOMAS KEMP BOARD MEMBER N/A
Director
$0 $0 $0
ANNA KLIMINA BOARD MEMBER 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
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
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