SOCIETY FOR ECONOMIC DYNAMICS

EIN: 611567972 501(c)(3) Social Science

MINNEAPOLIS, MN

Total Revenue
$253,058
Total Expenses
$291,228
Total Assets
$534,978
Net Assets
$534,978
🔒

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
2008
Legal Domicile
MN
Principal Officer
Todd Schoellman
Tax Period
2025-01-01 to 2025-12-31

SOCIETY FOR ECONOMIC DYNAMICS, founded in 2008, is a small nonprofit in the Social Science sector that reported $253K in total revenue in fiscal year 2025. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $291K exceeded revenue, resulting in a 15% operating deficit.

Mission

The Society is organized exclusively for scientific and education purposes as specified in Section 501(c)(3). The particular purpose is to encourage and support economic research by issuing publications on economic subjects and by hosting conferences to disseminate new ideas in economics.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $242,008
Investment Income $11,050
Other Revenue $0
TOTAL REVENUE $253,058

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $291,228
TOTAL EXPENSES $291,228

Year-over-Year Comparison

2025 2024 Change
Revenue $253,058 $389,928 -0.4%
Expenses $291,228 $231,551 +0.3%
Net Income $-38,170 $158,377 -1.2%
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
10
Independent Members
10
Employees
N/A
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
10
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Juan Pablo Nicolini President 1.00
Officer
$0 $0 $0
Todd Schoellman Treasurer 1.00
Officer
$0 $0 $0
Paulina Restrepo-Echeavarria Secretary 1.00
Officer
$0 $0 $0
Boyan Jovanovic Director 1.00
Officer
$0 $0 $0
David Levine Director 1.00
Officer
$0 $0 $0
Ellen McGrattan Director 1.00
Officer
$0 $0 $0
Timothy Kehoe Director 1.00
Officer
$0 $0 $0
Thomas Sargent Director 1.00
Officer
$0 $0 $0
Richard Rogerson Director 1.00
Officer
$0 $0 $0
Ramon Marimon Director 1.00
Officer
$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
2025 $253,058 $291,228 $534,978 $-38,170
2024 $389,928 $231,551 $522,406 $158,377
2023 $171,722 $298,712 $340,318 $-126,990
2022 $150,109 $80,671 $434,045 $69,438
2021 $95,062 $49,230 $425,442 $45,832
2020 $6,890 $23,877 $359,219 $-16,987
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOCIETY FOR ECONOMIC DYNAMICS with other nonprofits in Minnesota and across the country.