Nonprofit · EIN 27-2106625
CENTER FOR FINANCIAL STABILITY INC
Tax-exempt (reinstated) · NEW YORK, NY 10036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 (amended) | $671,633 | $552,320 | $119,313 | $3,065,639 | $0 | $3,065,639 |
| June 30, 2024 | 990 | $2,406,424 | $477,477 | $1,928,947 | $3,033,655 | $737 | $3,032,918 |
| June 30, 2023 | 990 | $1,191,826 | $214,016 | $977,810 | $1,104,708 | $737 | $1,103,971 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $55,180
- Investment income
- $86,145
- Royalties
- $530,308
- Other revenue
- $530,308
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $198,000
- Other salaries and wages
- $120,786
- Salaries, compensation and benefits (total)
- $318,786
- Professional fundraising fees
- $0
- Legal fees
- $52,335
- Occupancy
- $53,814
- Travel
- $23,749
- Program services (functional)
- $552,320
Balance sheet and other
- Total assets, start of year
- $2,933,826
- Total assets, end of year
- $3,065,639
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,065,639
- Net assets without donor restrictions
- $3,065,639
- Gross receipts
- $671,633
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2009
- State of legal domicile
- DE
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE GOODMAN | PRESIDENT/TREASURER/TRUSTEE Trustee or director, Officer | 15 | $198,000 |
| PETER N FLOCOS | SECRETARY/TRUSTEE Trustee or director, Officer | 2 | $0 |
| RANDAL K QUARLES | CHAIR ADVISORY BOARD/TRUSTEE Trustee or director, Officer | 1 | $0 |
| WILLIAM R RHODES | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| EDUARDO ANINAT | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| SHEILA BAIR | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| WILLIAM W BRADLEY | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| JOYCE CHANG | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| M SHAFIK GABR | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| CHARLES GOODHARD | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| HENRY KAUFMAN | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| BARBARA G NOVICK | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| GUILLERMO ORTIX | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| RICHARD L SANDOR | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| MYRON SCHOLES | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE GOODMAN | PRESIDENT/TREASURER/TRUSTE Trustee or director, Officer | 15 | $100,000 |
| PETER N FLOCOS | SECRETARY/TRUSTEE Trustee or director, Officer | 2 | $0 |
| RANDAL K QUARLES | CHAIR ADVISORY BOARD/TRUST Trustee or director, Officer | 1 | $0 |
| WILLIAM R RHODES | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| EDUARDO ANINAT | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| SHEILA BAIR | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| WILLIAM W BRADLEY | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| JOYCE CHANG | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| M SHAFIK GABR | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| CHARLES GOODHART | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| HENRY KAUFMAN | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| BARBARA G NOVICK | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| GUILLERMO ORTIZ | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| RICHARD L SANDOR | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| MYRON SCHOLES | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE GOODMAN | PRESIDENT/TREASURER/TRUSTEE Trustee or director, Officer | 15 | $70,000 |
| PETER N FLOCOS | SECRETARY/TRUSTEE Trustee or director, Officer | 2 | $0 |
| RANDAL K QUARLES | CHAIR ADVISORY BOARD/TRUSTEE Trustee or director, Officer | 1 | $0 |
| WILLIAM R RHODES | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| EDUARDO ANINAT | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| SHEILA BAIR | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| WILLIAM W BRADLEY | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| JOYCE CHANG | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| M SHAFIK GABR | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| CHARLES GOODHART | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| HENRY KAUFMAN | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| BARBARA G NOVICK | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| GUILLERMO ORTIZ | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| RICHARD L SANDOR | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
| MYRON SCHOLES | ADVISORY BOARD MEMBER Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1120 AVENUE OF THE AMERICAS, NEW YORK, NY 10036-6708
- In care of
- % LAWRENCE GOODMAN
- Principal officer (990 for 2024)
- LAWRENCE GOODMAN, 1120 AVENUE OF THE AMERICAS FLOOR 4, NEW YORK, NY 10036
- Signed the 990
- LAWRENCE GOODMAN, PRESIDENT
- Return prepared by
- PORTER WRIGHT MORRIS & ARTHUR LLP
Mission
THE CENTER FOR FINANCIAL STABILITY IS AN INDEPENDENT, NONPARTISAN AND NONPROFIT THINK TANK FOCUSED ON FINANCIAL MARKETS FOR THE BENEFIT OF INVESTORS, OFFICIALS, AND THE PUBLIC. CFS PROMOTES A STRONGER AND MORE STABLE FINANCIAL SYSTEM THROUGH BOLD, INNOVATIVE AND PRACTICAL POLICY-ORIENTED RESEARCH, STRUCTURED DIALOG, EDUCATION AND OUTREACH TO THE PUBLIC.
Program accomplishments
- TO DEVELOP A WEB-BASED FINANCIAL POLICY LIBRARY AND MAINTAIN OTHER WEB OFFERINGS AS REALTIME MEASURES OF THE US MONETARY AND FINANCIAL SYSTEM TO THE PUBLIC-ADVANCES IN MONETARY AND FINANCIAL MEASUREMENT (AMFM), HISTORICAL FINANCIAL STATISTICS, AND CONTINUOUS FINANCIAL TIMELINE SINCE BEFORE THE 2008 CRISIS).Expenses $250,452
- TO PROMOTE GLOBAL MACRO AND FINANCIAL POLICY RESEARCH AND EVENTS SUCH AS CONFERENCES.Expenses $250,451
- SOCIETY OF ECONOMIC MEASUREMENT (SEM) COMMITTEE EXISTS TO PROMOTE RESEARCH ON ECOMONIC MEASUREMENT, USING THE MOST ADVANCED TOOLS FROM ECONOMIC THEARY, ECONOMETRICS, AGGREGATION THEORY, EXPERIMENTAL ECONOMICS, MATHEMATICS, AND STATISTICS AND TO FACILITATE COMMUNICATION AMOUNG RESEARCHERS IN FIELDS AND METHODS THAT WILL ENHANCE THE DEVELOPMENT OF ECONOMIC MEASUREMENT. TO PURSUE THESE OBJECTIVES, THE SEM SPONSORS SCIENTIFIC CONFERENCES AND WORKSHOPS. SEM HAS OVER 2,000 MEMBERS AND AFFILIATED RELATIONSHIPS WITH 11 ACADEMIC JOURNALS AND 3 MONOGRAPH SERIES.Expenses $51,417 · revenue $55,180
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2106625
- 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
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U05)
- Assets (IRS master file)
- $3,065,639
- Income (IRS master file)
- $671,633
Revocation and reinstatement
- Exemption revoked
- November 15, 2012
- Posted by the IRS
- March 11, 2013
- Reinstated
- Effective November 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $671,633 | $552,320 | $3,065,639 | IRS |
| 990 | June 2024 | $2,406,424 | $477,477 | $3,033,655 | IRS |
| 990 | June 2023 | $1,191,826 | $214,016 | $1,104,708 | XML |
| 990 | June 2022 | $166,169 | $206,007 | $126,581 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 27-2106625).
Questions about CENTER FOR FINANCIAL STABILITY INC
- What is the EIN of CENTER FOR FINANCIAL STABILITY INC?
- The employer identification number (EIN) of CENTER FOR FINANCIAL STABILITY INC is 27-2106625.
- Is CENTER FOR FINANCIAL STABILITY INC tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2012 and reinstated it effective November 15, 2012.
- Are donations to CENTER FOR FINANCIAL STABILITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTER FOR FINANCIAL STABILITY 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 CENTER FOR FINANCIAL STABILITY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTER FOR FINANCIAL STABILITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CENTER FOR FINANCIAL STABILITY INC?
- The 990 for the year ended June 30, 2025 names LAWRENCE GOODMAN.
- Who are the officers and directors of CENTER FOR FINANCIAL STABILITY INC?
- The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $198,000 (LAWRENCE GOODMAN, PRESIDENT/TREASURER/TRUSTEE).
- How much revenue does CENTER FOR FINANCIAL STABILITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $671,633, expenses of $552,320 and total assets of $3,065,639 at year end.
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