LUDWIG INSTITUTE FOR SHARED ECONOMIC PROSPERITY

EIN: 861970328 Public & Societal Benefit

WASHINGTON, DC

Total Revenue
N/A
Total Expenses
$105,010
Total Assets
$139,278
Net Assets
$-1,491,964
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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
2021
Legal Domicile
DC
Principal Officer
EUGENE LUDWIG
Phone
2023601052
Tax Period
2023-01-01 to 2023-12-31

Mission

IMPROVE THE ECONOMIC WELL-BEING OF MIDDLE- AND LOWER-INCOME AMERICANS THROUGH RESEARCH, EDUCATION, POLICY, AND ADVOCACY.

Program Service Accomplishments

Program 1
Expenses: $0

ECONOMIC RESEARCH AND ANALYSIS - LUDWIG INSTITUTE FOR SHARED ECONOMIC PROSPERITY ("LISEP") CONDUCTED ECONOMIC RESEARCH AND ANALYSIS TO STUDY THE FINANCIAL WELL-BEING OF LOWER- AND MIDDLE-INCOME...

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ECONOMIC RESEARCH AND ANALYSIS - LUDWIG INSTITUTE FOR SHARED ECONOMIC PROSPERITY ("LISEP") CONDUCTED ECONOMIC RESEARCH AND ANALYSIS TO STUDY THE FINANCIAL WELL-BEING OF LOWER- AND MIDDLE-INCOME AMERICANS: THE PURPOSE OF THE RESEARCH WAS TO IDENTIFY GAPS IN CURRENT ECONOMIC STATISTICS AND TO PROPOSE AND PUBLISH ALTERNATIVE METRICS THAT PROVIDE A MORE NUANCED VIEW OF ECONOMIC TRENDS, WITH AN EMPHASIS ON THE DAILY REALITIES THAT THIS POPULATION FACES.

Program 2

PUBLISHING AND DISSEMINATING ECONOMIC RESEARCH AND ANALYSIS: THE MAIN GOAL IS TO ALLOW FOR THE ECONOMIC RESEARCH AND ANALYSIS TO BE WIDELY AVAILABLE TO THOUGHT LEADERS, ECONOMIC EXPERTS...

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PUBLISHING AND DISSEMINATING ECONOMIC RESEARCH AND ANALYSIS: THE MAIN GOAL IS TO ALLOW FOR THE ECONOMIC RESEARCH AND ANALYSIS TO BE WIDELY AVAILABLE TO THOUGHT LEADERS, ECONOMIC EXPERTS, POLICYMAKERS, PUBLIC OFFICIALS, AND THE GENERAL PUBLIC. THE FORMS OF MEDIA WHERE THE FINDINGS WOULD BE INCLUDE ARTICLES, NEWSLETTERS, AND LISEP'S WEBSITE AS WELL AS NEWS MEDIA, ACADEMIC JOURNALS, PODCASTS, ETC. LISEP HOPES THAT THE PUBLICATION OF NEW STATISTICS WILL LEAD TO TRACTION AMONGST RELEVANT AUDIENCES SO THEY WILL BETTER UNDERSTAND THE ECONOMIC PREDICAMENT OF LOW- AND MIDDLE-INCOME AMERICANS.

Program 3

PROVIDE GRANTS TO NONPROFIT INSTITUTIONS THAT HELP LOW- AND MIDDLE-INCOME PEOPLE SUCCEED IN LIFE. LISEP SOUGHT TO GRANT FUNDING TO A COUPLE OF NONPROFIT INSTITUTIONS THAT COULD MEANINGFULLY HELP...

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PROVIDE GRANTS TO NONPROFIT INSTITUTIONS THAT HELP LOW- AND MIDDLE-INCOME PEOPLE SUCCEED IN LIFE. LISEP SOUGHT TO GRANT FUNDING TO A COUPLE OF NONPROFIT INSTITUTIONS THAT COULD MEANINGFULLY HELP PEOPLE IN NEED OF A LOW-INTEREST SMALL BUSINESS LOAN OR WHO NEEDED GAP FUNDING TO BE ABLE TO CONTINUE WITH A SKILLS TRAINING COURSE AT A COMMUNITY COLLEGE. THE PURPOSE OF THE COURSE IS TO GAIN THE SKILLS FOR BETTER-PAYING EMPLOYMENT BUT SOME STUDENTS CANNOT GO THROUGH WITH THE TRAINING IF THEY DON'T HAVE FUNDING FOR FOOD AND BILLS, WHICH IS WHAT THE LISEP FUNDING IS INTENDED FOR.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $105,010
TOTAL EXPENSES $105,010

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $1,000,100 -1.0%
Expenses $105,010 $2,348,882 -1.0%
Net Income N/A $-1,348,782 N/A
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
2
Independent Members
2
Employees
N/A
Volunteers
3

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EUGENE LUDWIG DIRECTOR, PRESIDENT 1.0
Officer Director
$0 $0 $0
CAROL LUDWIG DIRECTOR, SECRETARY 1.0
Officer Director
$0 $0 $0
CATHERINE KAPLUN DIRECTOR, TREASURER 1.0
Officer Director
$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 No data No data No data No data
2023 No data $105,010 $139,278 No data
2022 $1,000,100 $2,348,882 $243,837 $-1,348,782
2021 $2,000,401 $2,038,573 $931,650 $-38,172
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