The National Center on Education and the Economy

EIN: 521539258 501(c)(3) Public & Societal Benefit

Washington, DC

Total Revenue
$19,363,407
Total Expenses
$20,355,143
Total Assets
$71,663,573
Net Assets
$64,707,083
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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
1987
Legal Domicile
DC
Principal Officer
Vicki Phillips
Phone
2023791800
Tax Period
2024-07-01 to 2025-06-30

The National Center on Education and the Economy, founded in 1987, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $19.4M in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. Net assets of $64.7M represent 40 months of operating reserves.

Mission

Providing tools the nation needs to lead the world in education & training in a global 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 (2024)

Revenue Breakdown

Contributions & Grants $7,545,466
Program Service Revenue $9,466,443
Investment Income $2,351,074
Other Revenue $424
TOTAL REVENUE $19,363,407

Expense Breakdown

Grants Paid $75,800
Salaries & Benefits $14,431,936
Fundraising Expenses $792,639
Program Expenses $16,172,026
Other Expenses $5,847,407
TOTAL EXPENSES $20,355,143

Year-over-Year Comparison

2024 2023 Change
Revenue $19,363,407 $10,144,414 +0.9%
Expenses $20,355,143 $14,485,929 +0.4%
Net Income $-991,736 $-4,341,515 -0.8%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
8
Employees
82
Volunteers
8

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
3
$1,244,744
Total Directors
9
$608,239
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joyce Elliott Board Co-chair & Trustee 1.00
Director
$0 $0 $0
Anthony D Mackay Board Co-chair & Trustee 1.00
Director
$0 $0 $0
Peggy Brookins Board Trustee 1.00
Director
$0 $0 $0
Robert L Joss Board Trustee 1.00
Director
$0 $0 $0
James W Pellegrino Board Trustee 1.00
Director
$0 $0 $0
Vivien Stewart Board Trustee 1.00
Director
$0 $0 $0
Aaron Thompson Board Trustee 1.00
Director
$0 $0 $0
Joanne Weiss Board Trustee 1.00
Director
$0 $0 $0
Vicki Phillips CEO 50.00
Officer Director
$571,092 $37,147 $608,239
Jason S Dougal President/Treasurer 50.00
Officer
$470,824 $66,048 $536,872
Sharisa Sesawaeng Corporate Secretary 50.00
Officer
$79,376 $20,257 $99,633
Stacy Galiatsos Chief Growth & Development 50.00
Highest
$257,243 $62,405 $319,648
Eric Jones Chief, Learning Design 50.00
Highest
$256,765 $34,842 $291,607
Susan Rucker Director, Mississippi 50.00
Highest
$236,515 $47,924 $284,439
Janice Case Director, West Region 50.00
Highest
$229,656 $60,592 $290,248
Tracey Burns Chief, Research & Evaluation 50.00
Highest
$232,724 $34,842 $267,566
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 $19,363,407 $20,355,143 $71,663,573 $-991,736
2024 $10,144,414 $14,485,929 $67,387,016 $-4,341,515
2023 $9,441,088 $13,376,437 $62,883,796 $-3,935,349
2022 $12,448,231 $13,638,166 $62,583,083 $-1,189,935
2021 $12,008,332 $13,375,678 $72,771,895 $-1,367,346
2020 $9,398,411 $17,201,364 $65,429,105 $-7,802,953
2019 $14,861,522 $19,797,229 $74,088,743 $-4,935,707
2018 $19,972,981 $21,683,610 $77,235,892 $-1,710,629
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