JOINT CENTER FOR POLITICAL AND ECONOMIC STUDIES INC

EIN: 521069070 501(c)(3) Social Science

WASHINGTON, DC

Total Revenue
$3,905,098
Total Expenses
$4,007,814
Total Assets
$11,662,779
Net Assets
$11,179,328
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
DC
Principal Officer
DEDRICK ASANTE-MUHAMMAD
Phone
2027893500
Tax Period
2023-01-01 to 2023-12-31

JOINT CENTER FOR POLITICAL AND ECONOMIC STUDIES INC, founded in 1974, is a community nonprofit in the Social Science sector that reported $3.9M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Net assets of $11.2M represent 34 months of operating reserves.

Mission

THE JOINT CENTER FOR POLITICAL AND ECONOMIC STUDIES, AMERICA'S BLACK THINK TANK, PROVIDES COMPELLING AND ACTIONABLE POLICY SOLUTIONS TO ERADICATE PERSISTENT AND EVOLVING BARRIERS TO THE FULL FREEDOM OF BLACK PEOPLE IN AMERICA. (SEE SCHEDULE O)WE ARE THE TRUSTED FORUM FOR LEADING EXPERTS AND SCHOLARS TO PARTICIPATE IN MAJOR PUBLIC POLICY DEBATES AND PROMOTE IDEAS THAT ADVANCE BLACK COMMUNITIES. WE USE EVIDENCE-BASED RESEARCH, ANALYSIS, CONVENINGS, AND STRATEGIC COMMUNICATIONS TO SUPPORT BLACK COMMUNITIES AND A NETWORK OF ALLIES.

Program Service Accomplishments

Program 1
Expenses: $1,799,187 Revenue: $0

ECONOMIC STUDIES: THE JOINT CENTER'S ECONOMIC STUDIES PROGRAM CONDUCTS SURVEY RESEARCH, PRODUCES POLICY RESEARCH AND ANALYSIS, WRITES AND PUBLISHES REPORTS AND FACT SHEETS, ORGANIZES EVENTS, AND...

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ECONOMIC STUDIES: THE JOINT CENTER'S ECONOMIC STUDIES PROGRAM CONDUCTS SURVEY RESEARCH, PRODUCES POLICY RESEARCH AND ANALYSIS, WRITES AND PUBLISHES REPORTS AND FACT SHEETS, ORGANIZES EVENTS, AND DISSEMINATES INFORMATION ON BLACK COMMUNITIES AND THE FUTURE OF WORK, ENTREPRENEURSHIP, TECHNOLOGY, AND PROGRAMS THAT PROVIDE PATHWAYS TO ECONOMIC OPPORTUNITY AND SECURITY. THE ECONOMIC STUDIES PROGRAM ALSO EXPLORES AND INCUBATES NEW RESEARCH ISSUE AREAS.

Program 2
Expenses: $754,247 Revenue: $0

POLITICAL STUDIES: THE JOINT CENTER'S POLITICAL STUDIES PROGRAM COLLECTS AND ANALYZES DATA, CONDUCTS SURVEY RESEARCH, PRODUCES POLICY RESEARCH AND ANALYSIS, WRITES AND PUBLISHES REPORTS AND FACT...

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POLITICAL STUDIES: THE JOINT CENTER'S POLITICAL STUDIES PROGRAM COLLECTS AND ANALYZES DATA, CONDUCTS SURVEY RESEARCH, PRODUCES POLICY RESEARCH AND ANALYSIS, WRITES AND PUBLISHES REPORTS AND FACT SHEETS, ORGANIZES EVENTS, AND DISSEMINATES INFORMATION ON CONGRESSIONAL STAFF DIVERSITY, AND OTHER ISSUES RELATED TO THE CIVIC ENGAGEMENT AND PARTICIPATION OF BLACK COMMUNITIES.

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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 $3,850,734
Program Service Revenue $0
Investment Income $45,393
Other Revenue $8,971
TOTAL REVENUE $3,905,098

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,472,614
Fundraising Expenses $445,058
Program Expenses $2,553,434
Other Expenses $1,535,200
TOTAL EXPENSES $4,007,814

Year-over-Year Comparison

2023 2022 Change
Revenue $3,905,098 $4,186,169 -0.1%
Expenses $4,007,814 $4,058,282 0.0%
Net Income $-102,716 $127,887 -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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
21
Volunteers
16

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
5
$521,689
Total Directors
18
$521,689
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA FULTON INTERIM PRES. & VICE PRES., POLICY 40.00
Officer Director
$246,761 $21,587 $268,348
SPENCER OVERTON PRESIDENT, THRU JUNE 2023 40.00
Officer Director
$244,423 $8,918 $253,341
PAUL THORNELL CHAIR 6.00
Officer Director
$0 $0 $0
KENNETH JONES TREASURER 4.00
Officer Director
$0 $0 $0
PAULA BOYD SECRETARY 4.00
Officer Director
$0 $0 $0
JEAN-PHILLIPE AUSTIN GOVERNOR 2.00
Director
$0 $0 $0
LESLIE BOISSIERE GOVERNOR 2.00
Director
$0 $0 $0
LATOSHA BROWN GOVERNOR 2.00
Director
$0 $0 $0
MICHAEL COLLINS GOVERNOR 2.00
Director
$0 $0 $0
BRIAN DIXON GOVERNOR 2.00
Director
$0 $0 $0
JASON GRUMET GOVERNOR 2.00
Director
$0 $0 $0
CHANELLE HARDY GOVERNOR 2.00
Director
$0 $0 $0
BARBARA JOHNSON GOVERNOR, THRU JUNE 2023 2.00
Director
$0 $0 $0
ASHLEY LEWIS GOVERNOR 2.00
Director
$0 $0 $0
DR SAFIYA NOBLE GOVERNOR 2.00
Director
$0 $0 $0
CARLA THOMPSON PAYTON GOVERNOR 2.00
Director
$0 $0 $0
DR DIANNE PINDERHUGHES GOVERNOR, THRU JUNE 2023 2.00
Director
$0 $0 $0
ANTONIO WILLIAMS GOVERNOR 2.00
Director
$0 $0 $0
CHANDRA HAYSLETT VICE PRESIDENT, COMMUNICATIONS 40.00
Highest
$233,227 $22,181 $255,408
QUINCI MOODY VICE PRESIDENT, FINANCE AND OPS. 40.00
Highest
$233,026 $16,195 $249,221
LASHONDA BRENSON SENIOR RESEARCHER 40.00
Highest
$152,502 $16,822 $169,324
TYKIA WARDEN VICE PRESIDENT, DEV., THRU JUNE 2023 40.00
Highest
$131,906 $5,436 $137,342
DANIELLE HENRY DIRECTOR, DIGITAL COMMUNICATIONS 40.00
Highest
$122,000 $0 $122,000
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 $3,905,098 $4,007,814 $11,662,779 $-102,716
2022 $4,186,169 $4,058,282 $11,916,860 $127,887
2021 $7,289,544 $2,412,141 $11,366,492 $4,877,403
2020 $5,989,311 $1,287,616 $6,759,788 $4,701,695
2019 $1,230,581 $1,084,630 $1,715,099 $145,951
2019 $1,230,581 $1,084,630 $1,715,099 $145,951
2018 $1,351,566 $958,534 $1,445,757 $393,032
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