THE CENTER FOR ACCOUNTABILITY MODERNIZATION AND INNOVATION INC

EIN: 843644207

WASHINGTON, DC

Total Revenue
$525,200
Total Expenses
$477,505
Total Assets
$120,836
Net Assets
$120,836
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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
2019
Legal Domicile
DE
Principal Officer
STAN SOLOWAY
Phone
5122776095
Tax Period
2023-10-01 to 2024-09-30

THE CENTER FOR ACCOUNTABILITY MODERNIZATION AND INNOVATION INC, founded in 2019, is a small nonprofit that reported $525K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $478K left a modest 9% surplus.

Mission

TO ADVANCE PRIVATE SECTOR SOLUTIONS TO IMPROVE ACCOUNTABILITY, MODERNIZATION, AND INNOVATION IN GOVERNMENT.

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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 $520,200
Program Service Revenue $0
Investment Income $0
Other Revenue $5,000
TOTAL REVENUE $525,200

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,000
Fundraising Expenses $0
Other Expenses $394,505
TOTAL EXPENSES $477,505

Year-over-Year Comparison

2023 2022 Change
Revenue $525,200 $350,489 +0.5%
Expenses $477,505 $491,046 0.0%
Net Income $47,695 $-140,557 -1.3%
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
3
Independent Members
N/A
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
1
$0
Total Directors
3
$50,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STAN SOLOWAY CHAIRMAN 1.00
Director
$50,000 $0 $50,000
IAN WALTON DIRECTOR 1.00
Director
$0 $0 $0
TAYLOR KEENEY DIRECTOR 1.00
Director
$0 $0 $0
MADELINE SEAMAN SECRETARY/TREASURER/ED 5.00
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
2024 $525,200 $477,505 $120,836 $47,695
2023 $350,489 $491,046 $73,141 $-140,557
2022 $1,000,000 $979,216 $213,698 $20,784
2021 $1,000,000 $1,094,930 $192,914 $-94,930
2020 $1,000,000 $712,156 $287,844 $287,844
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