Nonprofit · EIN 47-4464400
WASHINGTON CENTER FOR EQUITABLE GROWTH INC
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,966,024 | $6,723,019 | $5,243,005 | $12,750,745 | $949,476 | $11,801,269 |
| December 31, 2023 | 990 | $6,349,635 | $7,699,154 | -$1,349,519 | $7,546,618 | $988,354 | $6,558,264 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $11,912,927
- of which government grants
- $553,088
- Program service revenue
- $0
- Investment income
- $49,237
- Other revenue
- $3,860
Expenses
- Grants and similar amounts paid
- $907,319
- Compensation of officers, directors and key employees
- $836,514
- Other salaries and wages
- $2,470,401
- Salaries, compensation and benefits (total)
- $4,016,069
- Professional fundraising fees
- $0
- Legal fees
- $48,791
- Accounting fees
- $47,388
- Occupancy
- $146,850
- Travel
- $44,185
- Depreciation
- $15,183
- Program services (functional)
- $4,118,788
- Management and general (functional)
- $2,213,597
- Fundraising (functional)
- $390,634
Balance sheet and other
- Total assets, start of year
- $7,546,618
- Total assets, end of year
- $12,750,745
- Total liabilities, end of year
- $949,476
- Net assets, end of year
- $11,801,269
- Land, buildings and equipment
- $9,972
- Net assets without donor restrictions
- $5,391,463
- Net assets with donor restrictions
- $6,409,806
- Gross receipts
- $11,966,024
- Employees
- 36
- Volunteers
- 5
- Year formed
- 2015
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHAYNA STROM | PRESIDENT & CEO Trustee or director, Officer | 40 | $304,987 | $17,475 |
| MELISSA GROBER-MORROW | VICE PRESIDENT Trustee or director, Officer | 40 | $204,303 | $38,232 |
| JANELLE JONES | VICE PRESIDENT, POLICY Officer | 40 | $205,165 | $18,951 |
| ELENA WASKEY | SENIOR DIRECTOR OF COMMUNI Highest-paid employee | 40 | $171,416 | $26,878 |
| KORIN DAVIS | DIRECTOR OF ACADEMIC PROGR Highest-paid employee | 40 | $154,328 | $36,800 |
| LORIA LOPEZ | DIRECTOR OF HR Highest-paid employee | 40 | $153,148 | $33,954 |
| DAVID MITCHELL | SENIOR FELLOW Highest-paid employee | 40 | $152,196 | $17,475 |
| GINA SALERNO | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $141,162 | $16,863 |
| JESSICA PRESHER | SENIOR DIRECTOR, HR, OPERATION AND FINANCE Trustee or director, Officer | 40 | $47,290 | $110 |
| STEVE DAETZ | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BYRON AUGUSTE | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| IRA FISHMAN | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SAMEERA FAZILI | MEMBER AT LARGE Trustee or director | 1 | $0 | $0 |
| MARY BETH MAXWELL | MEMBER AT LARGE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHAYNA STROM | PRESIDENT & CEO Trustee or director, Officer | 40 | $292,064 | $16,900 |
| MELISSA GROBER-MORROW | VICE PRESIDENT Trustee or director, Officer | 40 | $195,526 | $35,001 |
| EDWARD PAISLEY | EDITORIAL DIRECTOR & SR AD Highest-paid employee | 40 | $177,886 | $46,857 |
| JONATHAN FISHER | RESEARCH ADVISOR Highest-paid employee | 40 | $189,059 | $28,316 |
| KORIN DAVIS | DIRECTOR OF ACADEMIC PROGRAMS Highest-paid employee | 40 | $176,607 | $36,806 |
| LAURA ALEXANDER | DIRECTOR OF MARKETS & COMPETITION POLICY Highest-paid employee | 40 | $167,676 | $43,103 |
| ELENA WASKEY | SENIOR DIRECTOR OF COMMUNI Highest-paid employee | 40 | $165,479 | $26,035 |
| KATHERINE BANKS | DIRECTOR OF FIN & ADM-UNTIL NOV 2023 Trustee or director, Officer | 40 | $138,409 | $30,832 |
| JANELLE JONES | VP, POLICY - STARTED NOV 2024 Officer | 40 | $10,245 | $702 |
| STEVE DAETZ | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BYRON AUGUSTE | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MEHRSA BARADARAN | MEMBER AT LARGE Trustee or director | 1 | $0 | $0 |
| IRA FISHMAN | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SAMEERA FAZILI | MEMBER AT LARGE Trustee or director | 1 | $0 | $0 |
| MARY BETH MAXWELL | MEMBER AT LARGE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 601 13TH ST NW FL 12, WASHINGTON, DC 20005-3819
- In care of
- % ED PAISLEY
- Principal officer (990 for 2024)
- SHAYNA STROM, 740 15TH STREET NW 8TH FLOOR, WASHINGTON, DC 20005
- Signed the 990
- SHAYNA STROM, PRESIDENT AND CEO
- Phone
- (202) 545-6002
- Website
- WWW.EQUITABLEGROWTH.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS A NON-PROFIT RESEARCH AND GRANTMAKING ORGANIZATION DEDICATED TO ADVANCING EVIDENCE-BACKED IDEAS AND POLICIES THAT PROMOTE STRONG, STABLE, AND BROAD-BASED ECONOMIC GROWTH. ORGANIZATION DEDICATED TO IMPROVING THE UNDERSTANDING OF EQUITABLE GROWTH AND INEQUALITY BY SUPPORTING NEW ACADEMIC RESEARCH AND BRINGING TOGETHER SCHOLARS TO SHARE THEIR WORK - BUILD STRONGER BRIDGE BETWEEN ACADEMICS AND POLICYMAKERS TO HELP ENSURE THAT RESEARCH ON EQUITABLE GROWTH AND INEQUALITY IS RELEVANT, ACCESSIBLE, AND INFORMATIVE TO THE POLICYMAKING PROCESS - SHARE A RIGOROUS, FACT BASED NATIONAL DEBATE ON EQUITABLE GROWTH AND INEQUALITY BY FACILITATING SCHOLARS' PARTICIPATION IN THE MEDIA AND INVESTING IN A SOPHISTICATED IN-HOUSE COMMUNICATIONS AND SOCIAL MEDIA EFFORT.
Program accomplishments
- ACADEMIC PROGRAMS: EQUITABLE GROWTH'S GRANTS AND RESEARCH PROGRAMS AIM TO IMPROVE OUR UNDERSTANDING OF INEQUALITY AND GROWTH BY SUPPORTING NEW RESEARCH AND BRINGING SCHOLARS TOGETHER TO SHARE THEIR WORK.Expenses $1,658,049 · grants $907,319
- POLICY AND ADVOCACY: EQUITABLE GROWTH'S TEAM ELEVATES NEW RESEARCH AND POLICY-RELEVANT ANALYSIS BY INVESTING AND ENGAGING IN ROBUST OUTREACH TO ENSURE NEW FINDINGS ARE DISCUSSED PROMINENTLY IN ACADEMIC AND POLICY CIRCLES IN WASHINGTON AND AROUND THE COUNTRY.Expenses $1,228,646
- COMMUNICATIONS AND MARKETING: EQUITABLE GROWTH'S TEAM WORKS TO BUILD A STRONGER BRIDGE BETWEEN ACADEMICS AND POLICYMAKERS TO HELP ENSURE THAT RESEARCH ON INEQUALITY AND GROWTH IS CREDIBLE, RELEVANT, ACCESSIBLE, AND INFORMATIVE TO THE POLICYMAKING PROCESS.Expenses $1,232,093
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-4464400
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V22)
- Assets (IRS master file)
- $12,750,745
- Income (IRS master file)
- $11,966,024
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,966,024 | $6,723,019 | $12,750,745 | XML |
| 990 | December 2023 | $6,349,635 | $7,699,154 | $7,546,618 | XML |
| 990 | December 2022 | $6,193,469 | $8,996,793 | $9,084,135 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4464400).
Questions about WASHINGTON CENTER FOR EQUITABLE GROWTH INC
- What is the EIN of WASHINGTON CENTER FOR EQUITABLE GROWTH INC?
- The employer identification number (EIN) of WASHINGTON CENTER FOR EQUITABLE GROWTH INC is 47-4464400.
- Is WASHINGTON CENTER FOR EQUITABLE GROWTH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to WASHINGTON CENTER FOR EQUITABLE GROWTH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WASHINGTON CENTER FOR EQUITABLE GROWTH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WASHINGTON CENTER FOR EQUITABLE GROWTH INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WASHINGTON CENTER FOR EQUITABLE GROWTH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WASHINGTON CENTER FOR EQUITABLE GROWTH INC?
- The 990 for the year ended December 31, 2024 names SHAYNA STROM.
- Who are the officers and directors of WASHINGTON CENTER FOR EQUITABLE GROWTH INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 9 received compensation from the organization, the highest $304,987 (SHAYNA STROM, PRESIDENT & CEO).
- How much revenue does WASHINGTON CENTER FOR EQUITABLE GROWTH INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,966,024, expenses of $6,723,019 and total assets of $12,750,745 at year end.
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