WESTERN ECONOMIC ASSOCIATION INTERNATIONAL (EIN 946136375) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1934

Legal Domicile

Principal Officer

WADE MARTIN

Phone

7149658800

Tax Period

2024-01-01 to 2024-12-31

WESTERN ECONOMIC ASSOCIATION INTERNATIONAL, founded in 1934, is a community nonprofit in the Social Science sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Net assets of $3.2M represent 33 months of operating reserves.

Mission

TO ENCOURAGE ECONOMIC RESEARCH AND DISCUSSION AND TO DISSEMINATE ECONOMIC KNOWLEDGE THROUGH ORGANIZING CONFERENCES AND PUBLISHING TWO SCHOLARLY JOURNALS: ECONOMIC INQUIRY AND CONTEMPORARY ECONOMIC POLICY.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $932,644

Investment Income $227,677

Other Revenue $0

TOTAL REVENUE $1,160,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $519,156

Fundraising Expenses $0

Program Expenses $906,613

Other Expenses $688,772

TOTAL EXPENSES $1,207,928

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,160,321	$1,226,010	-0.1%
Expenses	$1,207,928	$1,384,003	-0.1%
Net Income	$-47,607	$-157,993	-0.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$154,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY ROSE	PRESIDENT	1.00	Officer Director	$0	$0	$0
MAURICE OBSTFELD	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
CAROLINE HOXBY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JASON ABREVAYA	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JOHN AMERIKS	SECRETARY/TREASURER (THRU 07/2024)	1.00	Officer Director	$0	$0	$0
KELLY BEDARD	DIRECTOR	1.00	Director	$0	$0	$0
RUCKER JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
PHIL LESLIE	DIRECTOR	1.00	Director	$0	$0	$0
BHASH MAZUMDER	DIRECTOR	1.00	Director	$0	$0	$0
SUSANN ROHWEDDER	DIRECTOR	1.00	Director	$0	$0	$0
JOEL WALDFOGEL	DIRECTOR (THRU 07/2024)	1.00	Director	$0	$0	$0
WADE MARTIN	EXECUTIVE DIRECTOR	40.00	Officer	$154,000	$0	$154,000
JULIE BARIE	OFFICE MANAGER	40.00	Highest	$105,195	$10,519	$115,714

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	$1,160,321	$1,207,928	$3,628,245	$-47,607
2023	$1,226,010	$1,384,003	$3,535,273	$-157,993
2022	$907,375	$1,198,922	$3,328,019	$-291,547
2021	$1,077,738	$920,784	$4,326,194	$156,954
2020	$944,599	$764,356	$3,861,805	$180,243
2019	$1,378,823	$1,230,610	$3,473,834	$148,213
2018	$1,208,787	$1,193,308	$3,007,349	$15,479

WESTERN ECONOMIC ASSOCIATION INTERNATIONAL