2024-04-25T18:37:02-05:00 2023-12-31 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2023-06-16 932029728 ECONOMIC POLICY INNOVATION CENTER INC ECON 7577842323 5641 RAVENEL LANE SPRINGFIELD VA 22151 DR PAUL WINFREE PRESIDENT & CEO/DIRECTOR 7577842323 2024-04-25 1 DR PAUL WINFREE XXX-XX-XXXX 1 X JENNIFER S HAN P00633304 2022937000 2024-04-25 0 AAL1 IAL1 2023 2023-04-26 12:10:37Z X X DR PAUL WINFREE 5641 RAVENEL LANE SPRINGFIELD VA 22151 1600299 0 X WWW.EPICFORAMERICA.ORG X 2023 DE TO DEVELOP & PROMOTE ACTIONABLE ECONOMIC POLICIES THAT ADVANCE A FREE AND PROSPEROUS AMERICA. 3 2 4 2 0 0 1600205 0 0 94 1600299 0 0 218313 0 12141 135223 353536 1246763 1250437 3674 1246763 X ECONOMIC POLICY INNOVATION CENTER, INC.'S (EPIC) MISSION IS TO SUPPORT AND SPONSOR RESEARCH ON ECONOMIC ISSUES, AND TO DEVELOP PROPOSALS FOR IMPROVEMENT OF THE U.S. ECONOMY IN THE INTEREST OF THE CITIZENS AT LARGE. IN FURTHERANCE OF THIS MISSION, EPIC PUBLISHES AND DISTRIBUTES RESEARCH RESULTS AND OTHER EDUCATIONAL AND POLICY-ORIENTED CONTENT. 0 0 278374 EPIC SUPPORTS A FREE AND OPEN SOCIETY THAT PROMOTES ECONOMIC ABUNDANCE AND OPPORTUNITY FOR ALL CITIZENS. EPIC DEVELOPS AND PROMOTES AN ECONOMIC POLICY AGENDA THAT ADVANCES A FREE AND PROSPEROUS AMERICA BY DELIVERING PRACTICAL POLICY SOLUTIONS, EDUCATING POLICYMAKERS, AND BUILDING BRIDGES WITH OTHER CONSTITUENCIES IN THE POLICY ECOSYSTEM. EPIC IS FOCUSED ON KEY ISSUE AREAS, INCLUDING THE ECONOMY WRIT LARGE; THE FEDERAL BUDGET (SPENDING, TAXES, AND DEBT); EDUCATION, WORKFORCE, AND RETIREMENT; AND SOCIAL PROGRAMS. EPIC PRODUCES AND DISTRIBUTES ORIGINAL RESEARCH, PROVIDES FEDERAL POLICYMAKERS WITH EDUCATIONAL RESOURCES, AND FOSTERS COOPERATION WITH OTHER ORGANIZATIONS THAT ALSO SEEK TO IMPROVE THE NATION'S FISCAL HEALTH.EPIC LOOKS AT LONG-TERM ECONOMIC QUESTIONS AND HOW TO SOLVE THEM - ASSESSING THE COUNTRY'S MOST PRESSING ECONOMIC CHALLENGES AND THEN PRESENTING SOLUTIONS TO THESE COMPLEX PROBLEMS. EPIC'S INNOVATIVE APPROACH PROMOTES A PRO-GROWTH AGENDA THAT ADVANCES FREEDOM AND MEANINGFUL REFORMS. EPIC LAUNCHED MID-YEAR 2023 AND IMMEDIATELY BEGAN PRODUCING RESEARCH ON IMPORTANT, TIMELY AREAS OF BUDGET AND ECONOMIC POLICY. THE EPIC TEAM'S ORIGINAL RESEARCH AND FINDINGS, WHITE PAPERS AND TESTIMONY, RESOURCES (I.E., "EPIC ANALYSIS"), AND ACCESSIBLE ADVICE DOCUMENTS (I.E., "EPIC EXPLAINERS") ARE ALL PUBLICLY AVAILABLE ON EPIC'S WEBSITE.DR. PAUL WINFREE AND THE EPIC TEAM RELEASED RESEARCH OUTLINING THE FUTURE ECONOMIC IMPACTS AND OPPORTUNITY COSTS OF THE COVID-19 PANDEMIC, THE VALUE OF APPRENTICESHIPS, AND THE SERIOUS IMPLICATIONS OF A MASSIVE FEDERAL DEBT. ADDITIONALLY, EPIC OFFERED PRACTICAL POLICY EDUCATION FOR LAWMAKERS GRAPPLING WITH HOW TO HANDLE OVERSIGHT OF PANDEMIC-RELATED APPROPRIATIONS.ADDITIONAL TOPICS COVERED IN EPIC'S RESEARCH IN 2023 INCLUDED THE ECONOMY OF THE FUTURE (AND CONSIDERATIONS FOR A CHANGING WORKFORCE AND ECONOMIC MOBILITY), MONETARY STABILITY AND THE GROWING ECONOMIC CONSEQUENCES OF HIGH FEDERAL DEBT, LABOR MARKET TRENDS, EXPANSION OF EMPLOYMENT OPPORTUNITIES, IMPROPER FEDERAL GOVERNMENT PAYMENTS, AND THE IMPLICATIONS OF INSOLVENCY FOR THE SOCIAL SECURITY TRUST FUND.EPIC ALSO FOUND SUCCESS IN REVIEWING DATA FROM THE CONGRESSIONAL BUDGET OFFICE - INCLUDING FISCAL YEAR 2023 OUTLAYS, REVENUES, DEFICIT, AND DEBT AND PROVIDED ANALYSIS OF THE RELEVANT INFORMATION IN A SERIES OF DOCUMENTS THAT HELPS POLICYMAKERS UNDERSTAND THE IMPLICATIONS OF THE GROWING FEDERAL DEBT.EPIC WILL CONTINUE TO GROW, EXPAND AREAS OF RESEARCH, AND DEVELOP EFFECTIVE POLICY SOLUTIONS, AND ENABLE A FREE AND PROSPEROUS AMERICA. 278374 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X PAUL WINFREE 7577842323 5641 RAVENEL LANE SPRINGFIELD VA 22151 DR PAUL WINFREE PRESIDENT & CEO/DIRECTOR 40.00 X X 87500 0 0 BRIAN HOOKS DIRECTOR 2.00 X 0 0 0 ART POPE DIRECTOR 1.00 X 0 0 0 BRITTANY MADNI EXECUTIVE VP, SECRETARY/TREASURER 40.00 X 64000 0 0 151500 0 0 0 0 0 0 0 1600205 1600205 OTHER INCOME 900099 94 94 94 1600299 0 0 94 X 151500 119685 24240 7575 51298 39291 8461 3546 15515 12162 2502 851 20195 20195 102844 102600 244 41 41 2384 30 2348 6 2305 2305 312 300 12 3021 2815 43 163 2025 2025 DUES & SUBSCRIPTIONS 2096 1491 605 353536 278374 63021 12141 0 1244610 0 5827 0 1250437 0 3674 0 3674 X 0 1246763 0 1246763 0 1250437 1246763 0 X 0 0 0 X 1600205 1600205 1600205 1600205 235988 1364217 94 94 1600299 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2023 AMOUNT: $ 94. SCH A, PART II EXPLANATION OF SHORT YEAR AS EPIC WAS INCORPORATED ON JUNE 16, 2023, A SHORT PERIOD RETURN WAS FILED FOR THE PERIOD ENDED DECEMBER 31, 2023. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PART VI, SECTION A, LINE 8B EPIC DOES NOT HAVE ANY COMMITTEES THAT CAN ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS PREPARED BY AN ACCOUNTING FIRM AND THE DRAFT 990 IS REVIEWED BY MANAGEMENT. THE DRAFT 990 IS THEN DISTRIBUTED BY E-MAIL TO EPIC'S FULL BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE INTERESTS OF EPIC WHEN THE ORGANIZATION IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF EPIC OR MIGHT RESULT IN POSSIBLE PRIVATE INUREMENT. ANY MEMBER OF THE GOVERNING BODY OR PRINCIPAL OFFICER, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, IS CONSIDERED AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST IN QUESTION AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE GOVERNING BODY CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL MAKE A FINAL DETERMINATION IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS, LED BY THE PRESIDENT OF THE BOARD OF DIRECTORS. A VOTING MEMBER OF THE BOARD OF DIRECTORS WHO RECEIVES COMPENSATION IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THEIR OWN COMPENSATION FROM THE ORGANIZATION. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS NONPROFIT TAX-EXEMPT CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THESE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. THE MOST RECENT COMPENSATION STUDY TOOK PLACE DURING 2023. FORM 990, PART VI, SECTION C, LINE 19 EPIC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G SENIOR FELLOWS: PROGRAM SERVICE EXPENSES 22,600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,600. PUBLIC STRATEGY CONSULTING: PROGRAM SERVICE EXPENSES 80,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,000. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 244. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 244.