CENTER FOR A HUMANE ECONOMY INC

EIN: 832620507 501(c)(3) Animal-Related

BETHESDA, MD

Total Revenue
$3,869,202
Total Expenses
$3,205,159
Total Assets
$3,490,655
Net Assets
$2,810,105
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MD
Principal Officer
WAYNE PACELLE
Phone
3368131677
Tax Period
2023-11-01 to 2024-10-31

CENTER FOR A HUMANE ECONOMY INC, founded in 2018, is a community nonprofit in the Animal-Related sector that reported $3.9M in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $664K, a strong 17% operating margin.

Mission

THERE ARE MANY PATHWAYS FOR IMPROVING THE LIVES OF ANIMALS, BUT ENCOURAGING CORPORATIONS TO EMBED ANIMAL PROTECTION VALUES INTO THEIR PRODUCTION PRACTICES, SUPPLY CHAINS, MARKETING EFFORTS AND RESEARCH AND DEVELOPMENT ACTIVITIES MAY BE THE MOST CONSEQUENTIAL. THE CENTER IS THE FIRST ORGANIZATION IN THE FIELD OF ANIMAL PROTECTION SOLELY FOCUSED ON INFLUENCING THE WORKINGS OF BUSINESSES TO FORGE A HUMANE ECONOMIC ORDER. THE CENTER WORKS WITH CORPORATIONS TO ALERT THEM TO THEIR RESPONSIBILITIES IN A CULTURE WHERE CONSUMERS, INVESTORS AND OTHER KEY STAKEHOLDERS ABHOR CRUELTY AND EMBRACE INNOVATION.

Program Service Accomplishments

Program 1
Expenses: $2,361,149

*WORKED TO SHUT DOWN ILLEGAL BUSINESS OF ANIMAL FIGHTING THROUGH INVESTIGATIONS AND WORKING WITH LAW ENFORCEMENT.*FILED LAWSUIT TO STOP U.S. FISH AND WILDLIFE SERVICE FROM KILLING HALF A MILLION...

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*WORKED TO SHUT DOWN ILLEGAL BUSINESS OF ANIMAL FIGHTING THROUGH INVESTIGATIONS AND WORKING WITH LAW ENFORCEMENT.*FILED LAWSUIT TO STOP U.S. FISH AND WILDLIFE SERVICE FROM KILLING HALF A MILLION BARRED OWLS.*BLOCKED CONGRESSIONAL EFFORTS BY ANTI-WOLF LAWMAKERS TO ELIMINATE PROTECTION OF WOLVES.*BUILT COALITION OF 200+ ORGANIZATIONS TO DEMAND THAT CONGRESS END THE MILK MANDATE IN SCHOOL LUNCHES.*SUCCEEDED IN STOPPING EATS ACT THAT WOULD UNDO IMPORTANT STATE LAWS TO PROTECT ANIMALS IN AGRICULTURAL PRODUCTION. *CONTINUED TO PUSH U.S. FDA TO WIND DOWN ANIMAL TESTING AND CHOOSE ALTERNATIVE METHODS OF NEW DRUG SCREENING.*INCREASED PRESSURE ON ADIDAS AND REMAINING SHOE SELLERS TO ABANDON USE OF KANGAROO SKINS IN SOCCER SHOES.SEE SCHEDULE O FOR EXPANSIVE DETAIL ON THESE AND OTHER PROGRAM SERVICE ACCOMPLISHMENTS.

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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 $3,254,261
Program Service Revenue $518,817
Investment Income $96,124
Other Revenue $0
TOTAL REVENUE $3,869,202

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,574,517
Fundraising Expenses $110,903
Program Expenses $2,361,149
Other Expenses $1,630,642
TOTAL EXPENSES $3,205,159

Year-over-Year Comparison

2023 2022 Change
Revenue $3,869,202 $2,578,897 +0.5%
Expenses $3,205,159 $2,331,151 +0.4%
Net Income $664,043 $247,746 +1.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
16
Volunteers
125

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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERARD BOSS DIRECTOR 3.00
Director
$0 $0 $0
CYNTHIA GRIFFIN DIRECTOR 3.00
Director
$0 $0 $0
SHERRY KELLETT DIRECTOR 20.00
Director
$0 $0 $0
MARIAN PROBST DIRECTOR 2.00
Director
$0 $0 $0
MURIEL VAN HOUSEN DIRECTOR 5.00
Director
$0 $0 $0
RENE TATRO DIRECTOR 3.00
Director
$0 $0 $0
WAYNE PACELLE PRESIDENT 30.00
Officer
$0 $0 $0
KAREN DUARTE DIRECTOR OF PHILANTHROPY 40.00
Highest
$126,954 $0 $126,954
ZACHARY BENNETT SENIOR POLICY COUNSEL 40.00
Highest
$125,000 $0 $125,000
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 $3,869,202 $3,205,159 $3,490,655 $664,043
2023 $2,578,897 $2,331,151 $2,534,540 $247,746
2022 $3,093,478 $1,832,275 $1,926,681 $1,261,203
2021 $1,332,941 $982,662 $749,268 $350,279
2020 $667,923 $431,559 $352,841 $236,364
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