Nonprofit · EIN 52-1902264
EMPLOYMENT POLICIES INSTITUTE FOUNDATION
Also known as DEFEATTHEDEBT COM
Tax-exempt · ARLINGTON, VA 22209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $722,742 | $764,065 | -$41,323 | $721,673 | $53,635 | $668,038 |
| December 31, 2024 | 990 | $691,644 | $815,990 | -$124,346 | $783,905 | $74,544 | $709,361 |
| December 31, 2023 | 990 | $765,323 | $1,053,790 | -$288,467 | $944,131 | $110,424 | $833,707 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $706,567
- Program service revenue
- $0
- Investment income
- $16,175
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,500
- Salaries, compensation and benefits (total)
- $3,500
- Professional fundraising fees
- $0
- Travel
- $9,203
- Depreciation
- $7,275
- Program services (functional)
- $672,457
- Management and general (functional)
- $58,599
- Fundraising (functional)
- $33,009
Balance sheet and other
- Total assets, start of year
- $783,905
- Total assets, end of year
- $721,673
- Total liabilities, end of year
- $53,635
- Net assets, end of year
- $668,038
- Net assets without donor restrictions
- $668,038
- Gross receipts
- $722,742
- Employees
- 0
- Year formed
- 1994
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gerald Francis | Sec/Treasurer Trustee or director, Officer | 0.1 | $500 |
| John Berglund | Director Trustee or director | 0.1 | $500 |
| Shannon Foust | Director Trustee or director | 0.1 | $500 |
| Luka Ladan | Director Trustee or director | 0.1 | $500 |
| Warren Hardie | Director Trustee or director | 0.1 | $500 |
| Kristen Eastlick | Director Trustee or director | 0.1 | $500 |
| Marc Himmelstein | Director Trustee or director | 0.1 | $500 |
| Michael Saltsman | President Trustee or director, Officer | 0.1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gerald Francis | Sec/Treasurer Trustee or director, Officer | 0.1 | $500 |
| John Berglund | Director Trustee or director | 0.1 | $500 |
| Shannon Foust | Director Trustee or director | 0.1 | $500 |
| Luka Ladan | Director Trustee or director | 0.1 | $500 |
| Kristen Eastlick | Director Trustee or director | 0.1 | $500 |
| Marc Himmelstein | Director Trustee or director | 0.1 | $500 |
| Michael Saltsman | President Trustee or director, Officer | 0.1 | $0 |
| Warren Hardie | Director Trustee or director | 0.1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gerald Francis | Sec/Treasurer Trustee or director, Officer | 0.1 | $500 |
| Paul Avery | Director Trustee or director | 0.1 | $500 |
| John Berglund | Director Trustee or director | 0.1 | $500 |
| Shannon Foust | Director Trustee or director | 0.1 | $500 |
| Luka Ladan | Director Trustee or director | 0.1 | $500 |
| Warren Hardie | Director Trustee or director | 0.1 | $500 |
| Kristen Eastlick | Director Trustee or director | 0.1 | $500 |
| Marc Himmelstein | Director Trustee or director | 0.1 | $500 |
| Michael Saltsman | President Trustee or director, Officer | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 1655 FORT MYER DR STE 600, ARLINGTON, VA 22209-3117
- In care of
- % RICHARD BERMAN
- Signed the 990
- Mr Gerald Francis, Sec/Treasurer
- Phone
- (202) 463-7650
- Website
- EPIONLINE.ORG
- Return prepared by
- Barnes Givens & Barnes Ltd
Mission
EMPLOYMENT POLICIES INSTITUTE FOUNDATION'S MISSION IS TO EDUCATE POLICYMAKERS AND THE GENERAL PUBLIC WITH RESPECT TO THE ECONOMIC AND SOCIAL EFFECTS OF EMPLOYMENT, FINANCIAL, AND GOVERNMENT SPENDING POLICIES, AND TO CONDUCT RESEARCH WITH RESPECT TO EMPLOYMENT, FINANCIAL, AND GOVERMENT SPENDING POLICIES AND DISSEMINATE THE RESULTS OF SUCH RESEARCH.
Program accomplishments
- CONTINUED TO MAINTAIN EPIONLINE.ORG, MINIMUMWAGE.COM, TIPPEDWAGE.COM. AND FACESOF15.COM WEBSITES. RELEASED ECONOMIC IMPACT STUDIES OR COMMENTARY ON THE CONSEQUENCES OF EMPLOYER MANDATES. PROVIDED INFORMATION ABOUT THE ECONOMIC CONSEQUENCES OF EMPLOYER MANDATES TO THE MEDIA AND POLICYMAKERS IN SELECTED STATES AND LOCALITIES. PROMOTED EPIF RESEARCH AND MESSAGES BY PRODUCING ADVERTISEMENTS FOR PLACEMENTS IN VARIOUS MEDIA OUTLETSExpenses $672,457
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 | 990 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
- 52-1902264
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V37)
- Assets (IRS master file)
- $721,673
- Income (IRS master file)
- $722,742
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $722,742 | $764,065 | $721,673 | XML |
| 990 | December 2024 | $691,644 | $815,990 | $783,905 | XML |
| 990 | December 2023 | $765,323 | $1,053,790 | $944,131 | XML |
| 990 | December 2022 | $963,618 | $638,673 | $1,204,829 | IRS |
| 990 | December 2021 | $1,171,297 | $663,641 | $994,008 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 52-1902264).
Questions about EMPLOYMENT POLICIES INSTITUTE FOUNDATION
- What is the EIN of EMPLOYMENT POLICIES INSTITUTE FOUNDATION?
- The employer identification number (EIN) of EMPLOYMENT POLICIES INSTITUTE FOUNDATION is 52-1902264.
- Is EMPLOYMENT POLICIES INSTITUTE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to EMPLOYMENT POLICIES INSTITUTE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EMPLOYMENT POLICIES INSTITUTE FOUNDATION 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 EMPLOYMENT POLICIES INSTITUTE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EMPLOYMENT POLICIES INSTITUTE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of EMPLOYMENT POLICIES INSTITUTE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 8 people; 7 received compensation from the organization, the highest $500 (Gerald Francis, Sec/Treasurer).
- How much revenue does EMPLOYMENT POLICIES INSTITUTE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $722,742, expenses of $764,065 and total assets of $721,673 at year end.
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