WASHINGTON CENTER FOR EQUITABLE GROWTH INC (EIN 474464400) - 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

2015

Legal Domicile

Principal Officer

SHAYNA STROM

Phone

2025456002

Tax Period

2024-01-01 to 2024-12-31

WASHINGTON CENTER FOR EQUITABLE GROWTH INC, founded in 2015, is a mid-sized nonprofit in the Social Science sector that reported $12.0M in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.2M, a strong 44% operating margin.

Mission

THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS A NON-PROFIT RESEARCH AND GRANTMAKING ORGANIZATION DEDICATED TO ADVANCING EVIDENCE-BACKED IDEAS AND POLICIES THAT PROMOTE STRONG, STABLE, AND BROAD-BASED ECONOMIC GROWTH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,912,927

Program Service Revenue $0

Investment Income $49,237

Other Revenue $3,860

TOTAL REVENUE $11,966,024

Expense Breakdown

Grants Paid $907,319

Salaries & Benefits $4,016,069

Fundraising Expenses $390,634

Program Expenses $4,118,788

Other Expenses $1,799,631

TOTAL EXPENSES $6,723,019

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,966,024	$6,349,635	+0.9%
Expenses	$6,723,019	$7,699,154	-0.1%
Net Income	$5,243,005	$-1,349,519	-4.9%

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

Volunteers

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

$836,513

Total Directors

$612,397

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE DAETZ	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
BYRON AUGUSTE	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
IRA FISHMAN	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
SHAYNA STROM	PRESIDENT & CEO	40.00	Officer Director	$304,987	$17,475	$322,462
MELISSA GROBER-MORROW	VICE PRESIDENT	40.00	Officer Director	$204,303	$38,232	$242,535
SAMEERA FAZILI	MEMBER AT LARGE	1.00	Director	$0	$0	$0
MARY BETH MAXWELL	MEMBER AT LARGE	1.00	Director	$0	$0	$0
JESSICA PRESHER	SENIOR DIRECTOR, HR, OPERATION AND FINANCE	40.00	Officer Director	$47,290	$110	$47,400
JANELLE JONES	VICE PRESIDENT, POLICY	40.00	Officer	$205,165	$18,951	$224,116
KORIN DAVIS	DIRECTOR OF ACADEMIC PROGR	40.00	Highest	$154,328	$36,800	$191,128
ELENA WASKEY	SENIOR DIRECTOR OF COMMUNI	40.00	Highest	$171,416	$26,878	$198,294
LORIA LOPEZ	DIRECTOR OF HR	40.00	Highest	$153,148	$33,954	$187,102
DAVID MITCHELL	SENIOR FELLOW	40.00	Highest	$152,196	$17,475	$169,671
GINA SALERNO	DIRECTOR OF DEVELOPMENT	40.00	Highest	$141,162	$16,863	$158,025

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	$11,966,024	$6,723,019	$12,750,745	$5,243,005
2023	$6,349,635	$7,699,154	$7,546,618	$-1,349,519
2022	$6,193,469	$8,996,793	$9,084,135	$-2,803,324
2021	$8,578,592	$8,493,609	$11,979,868	$84,983
2020	$10,852,740	$9,067,396	$11,993,019	$1,785,344
2019	$9,925,191	$8,018,545	$9,987,755	$1,906,646
2018	$9,403,286	$6,388,290	$7,941,152	$3,014,996

WASHINGTON CENTER FOR EQUITABLE GROWTH INC