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

THE CENTER IS THE FIRST NON-PROFIT ANIMAL WELFARE ORGANIZATION THAT FOCUSES ON INFLUENCING THE CONDUCT OF CORPORATIONS TO FORGE A HUMANE ECONOMIC ORDER. THE CENTER ENCOURAGES CORPORATIONS TO EMBRACE ANIMAL WELFARE AS A CORE PART OF THEIR COMMITMENT TO SOCIAL RESPONSIBILITY, BY PROMOTING REFORMS IN PURCHASING PRACTICES, RESEARCH AND DEVELOPMENT PROGRAMS, AND OTHER OPERATIONS THAT RECOGNIZE ANIMAL WELFARE IMPERATIVES.

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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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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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
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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