2025-11-04T15:16:54-05:00 2024-12-31 471187654 HOERNER & GEER CPAS 150 W BROAD ST CHESANING MI 48616 990 2024-01-01 833451365 ECONOMIC FUNDAMENTALS INITIATIVE INC ECON 6093574063 110 JABEZ STREET SUITE 1060 NEWARK NJ 07105 RANDALL K FILER PRESIDENT 6093574063 2025-11-04 true true MARY M KREIDER P01263813 9898453232 2025-11-04 2024 2025-03-06 01:10:19Z RANDALL K FILER 110 JABEZ STREET STE 1060 NEWARK NJ 07105 1280709 false X WWW.ECONFUN.ORG X 2019 NJ TRANSLATION, PUBLICATION AND PROMOTION OF ECONOMICS TEXTBOOK(S) FOR CENTRAL AND EASTERN EUROPE AND THE COUNTRIES OF THE FORMER SOVIET UNION. 4 3 0 3 0 1137381 1128846 0 37622 151863 0 1175003 1280709 387881 597510 0 305534 299257 0 0 402086 562968 1095501 1459735 79502 -179026 2537969 2328360 0 2537969 2328360 TRANSLATION, PUBLICATION AND PROMOTION OF ECONOMICS TEXTBOOK(S) FOR CENTRAL AND EASTERN EUROPE AND THE COUNTRIES OF THE FORMER SOVIET UNION. false false 1306398 597510 CREATED, ADAPTED, AND DISTRIBUTED EDUCATIONAL MATERIALS DESIGNED TO INCREASE ECONOMIC LITERACY AMONG STUDENTS, LEADERS AND CITIZENS IN CENTRAL AND EASTERN EUROPE INCLUDING THE FORMER SOVIET UNION AS WELL AS ENGAGED IN OTHER ACTIVITIES TO INCREASE THE UNDERSTANDING OF ECONOMICS AND RELATED FIELDS. 1306398 true true false false false false false false false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false true 4 0 0 false false false false false false false false false false false false X 4 3 false false false false false false false true true false false true true true true true true true true false NJ X NATALIYA APPLEMAN 6093574063 110 JABEZ STREET SUITE 1060 NEWARK NJ 07105 RANDALL K FILER PRESIDENT 10.00 X X 42000 0 0 RENITA ESAYIAN TREASURER 1.00 X X 0 0 0 MICHAEL MARKOVITZ CHAIR 1.00 X X 0 0 0 KATHLEEN MONE BOARD MEMBER 1.00 X 0 0 0 42000 false false false 1500 1127346 1128846 151863 151863 1280709 151863 597510 597510 42000 42000 257257 235129 22128 2637 2637 8700 8700 3935 3935 3797 3797 5706 239 5467 149370 112027 37343 1693 1693 PROJECT MANAGEMENT 361238 361238 OTHER EXPENSES 20084 20084 OFFICE RENT 4779 4779 MISCELLANEOUS 774 774 255 255 1459735 1306398 153337 0 154915 299026 2383054 2029334 2537969 2328360 0 0 X 2537969 2328360 2537969 2328360 2537969 2328360 -179026 -30583 X false true X true false X 1250000 1255000 1265000 1137381 1128846 6036227 1250000 1255000 1265000 1137381 1128846 6036227 6036227 37622 151863 189485 6225712 0.96960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true EUROPE (INCLUDING ICELAND AND GREENLAND) 37 GRANTS TO RECIPIENTS TECH CONSULTING 91015 RUSSIA AND NEIGHBORING STATES 32 GRANTS TO RECIPIENTS TRANSLATORS, SME 30856 69 69 121871 121871 DISTRIB OF COMMON 196439 WIRE TRANSFER DISTRIB OF COMMON 401071 WIRE TRANSFER 10 1 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE (INCLUDING ICELAND AND GREENLAND) 91,015 0 RUSSIA AND NEIGHBORING STATES 30,856 0 SCHEDULE F, PAGE 5, PART V PART I LINE 2 ALL GRANTEES ARE OBLIGED TO PROVIDE QUARTERLY COSTED PROGRESS REPORTS TO EFI. OUR GRANT OR SERVICE AGREEMENTS ARE OF 12 MONTHS' DURATION. PAYMENTS ARE SPLIT INTO SEVERAL INSTALLMENTS AND A FINAL PAYMENT IS HELD BACK UNTIL THE FINAL REPORT HAS BEEN RECEIVED AND REVIEWED. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT PRIOR TO FILING AND A COPY IS PROVIDED TO THE ENTIRE BOARD AFTER FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE SALARY IS SET TO EQUAL A PERCENTAGE OF HIS ACADEMIC YEAR SALARY AT THE CITY UNIVERSITY OF NEW YORK. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION CONTRACTED MANAGEMENT SERVICES DURING THE YEAR AND REVIEWED AND APPROVED THE ANNUAL CONTRACT FOR THOSE SERVICES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.