ECONOMIC POLICY INSTITUTE

EIN: 521368964 501(c)(3) Social Science

WASHINGTON, DC

Total Revenue
$11,927,401
Total Expenses
$13,581,055
Total Assets
$19,581,014
Net Assets
$16,346,566
🔒

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
1984
Legal Domicile
DC
Principal Officer
HEIDI SHIERHOLZ
Phone
2027758810
Tax Period
2024-01-01 to 2024-12-31

ECONOMIC POLICY INSTITUTE, founded in 1984, is a mid-sized nonprofit in the Social Science sector that reported $11.9M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $13.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

SEE PART III, LINE 1.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $11,487,944
Program Service Revenue $2,858
Investment Income $335,512
Other Revenue $101,087
TOTAL REVENUE $11,927,401

Expense Breakdown

Grants Paid $3,864,633
Salaries & Benefits $6,981,862
Fundraising Expenses $714,014
Program Expenses $11,353,875
Other Expenses $2,734,560
TOTAL EXPENSES $13,581,055

Year-over-Year Comparison

2024 2023 Change
Revenue $11,927,401 $16,155,263 -0.3%
Expenses $13,581,055 $12,114,104 +0.1%
Net Income $-1,653,654 $4,041,159 -1.4%
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
27
Independent Members
26
Employees
58
Volunteers
26

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
$275,913
Total Directors
27
$275,913
Key Employees
1
$256,199
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEIDI SHIERHOLZ PRESIDENT 39.70
Officer Director
$239,242 $36,671 $275,913
ELIZABETH H SHULER CHAIR 0.10
Officer Director
$0 $0 $0
JULIANNE MALVEAUX VICE CHAIR 0.10
Officer Director
$0 $0 $0
TERESA GHILARDUCCI SECRETARY 0.10
Officer Director
$0 $0 $0
GARY BASS TREASURER 0.10
Officer Director
$0 $0 $0
NINA BANKS MEMBER 0.10
Director
$0 $0 $0
BRIAN BRYANT MEMBER 0.10
Director
$0 $0 $0
HECTOR CORDERO-GUZMAN MEMBER 0.10
Director
$0 $0 $0
ERNESTO CORTES JR MEMBER 0.10
Director
$0 $0 $0
CLAUDE CUMMINGS MEMBER 0.10
Director
$0 $0 $0
JENNIFER EPPS MEMBER 0.10
Director
$0 $0 $0
SHAWN FAIN MEMBER 0.10
Director
$0 $0 $0
JEFF FAUX MEMBER 0.10
Director
$0 $0 $0
JOCELYN FRYE MEMBER 0.10
Director
$0 $0 $0
JOSE P GARZA MEMBER 0.10
Director
$0 $0 $0
ELISE GOULD MEMBER 0.10
Director
$0 $0 $0
PRONITA GUPTA MEMBER 0.10
Director
$0 $0 $0
HANNAH HALBERT MEMBER 0.10
Director
$0 $0 $0
ROBERT KUTTNER MEMBER 0.10
Director
$0 $0 $0
LISA LYNCH MEMBER 0.10
Director
$0 $0 $0
DAVE MCCALL MEMBER 0.10
Director
$0 $0 $0
MANUEL PASTOR MEMBER 0.10
Director
$0 $0 $0
LORI PELLETIER MEMBER 0.10
Director
$0 $0 $0
BECKY PRINGLE MEMBER 0.10
Director
$0 $0 $0
LEE SAUNDERS MEMBER 0.10
Director
$0 $0 $0
APRIL VERRETT MEMBER 0.10
Director
$0 $0 $0
RANDI WEINGARTEN MEMBER 0.10
Director
$0 $0 $0
NAOMI WALKER VICE PRESIDENT 40.00
Key Emp
$220,755 $35,444 $256,199
LYLE J BIVENS CHIEF ECONOMIST/DIR. RESEA 40.00
Highest
$214,230 $34,146 $248,376
CELINE MCNICHOLAS DIR. POLICY, GENERAL COUNS 40.00
Highest
$204,443 $30,525 $234,968
BARBARA WESTERN CHIEF OPERATING OFFICER 40.00
Highest
$203,355 $31,914 $235,269
EVE E TAHMINCIOGLU DIR COMMUNICATIONS 40.00
Highest
$199,587 $36,964 $236,551
VALERIE R WILSON DIRECTOR OF PREE 40.00
Highest
$189,218 $30,273 $219,491
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 $11,927,401 $13,581,055 $19,581,014 $-1,653,654
2023 $16,155,263 $12,114,104 $21,912,270 $4,041,159
2022 $8,123,876 $12,164,164 $18,630,204 $-4,040,288
2021 $16,459,436 $10,418,323 $19,510,723 $6,041,113
2020 $12,377,435 $7,919,271 $13,495,270 $4,458,164
2019 $10,857,028 $8,003,823 $8,769,969 $2,853,205
2018 $8,020,337 $6,699,574 $5,717,190 $1,320,763
Explore More Nonprofits
→Top 100 Nonprofits in District of Columbia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ECONOMIC POLICY INSTITUTE with other nonprofits in District of Columbia 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.