Nonprofit · EIN 93-2029728
ECONOMIC POLICY INNOVATION CENTER INC
Tax-exempt · WASHINGTON, DC 20003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,662,898 | $2,347,550 | $315,348 | $1,616,198 | $54,087 | $1,562,111 |
| December 31, 2023 | 990 | $1,600,299 | $353,536 | $1,246,763 | $1,250,437 | $3,674 | $1,246,763 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,660,898
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $2,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,206,034
- Other salaries and wages
- $30,545
- Salaries, compensation and benefits (total)
- $1,313,797
- Professional fundraising fees
- $0
- Legal fees
- $35,173
- Accounting fees
- $61,557
- Travel
- $34,170
- Depreciation
- $1,303
- Program services (functional)
- $1,723,056
- Management and general (functional)
- $528,162
- Fundraising (functional)
- $96,332
Balance sheet and other
- Total assets, start of year
- $1,250,437
- Total assets, end of year
- $1,616,198
- Total liabilities, end of year
- $54,087
- Net assets, end of year
- $1,562,111
- Land, buildings and equipment
- $8,472
- Net assets without donor restrictions
- $1,562,111
- Gross receipts
- $2,662,898
- Employees
- 5
- Volunteers
- 4
- Year formed
- 2023
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR PAUL WINFREE | PRESIDENT & CEO/DIRECTOR Trustee or director, Officer | 40 | $475,018 | $27,753 |
| BRITTANY MADNI | EXECUTIVE VP, SECRETARY/TREASURER Officer | 40 | $237,181 | $16,059 |
| ZOE L JACKMAN | CHIEF OF STAFF Key employee | 40 | $212,177 | $16,447 |
| MATTHEW DICKERSON | DIRECTOR OF BUDGET POLICY Key employee | 40 | $207,901 | $13,498 |
| BRIAN HOOKS | DIRECTOR & CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| ART POPE | DIRECTOR/AUDIT CHAIR (FROM OCT 2024) Trustee or director | 1 | $0 | $0 |
| JEB HENSARLING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL RYAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR PAUL WINFREE | PRESIDENT & CEO/DIRECTOR Trustee or director, Officer | 40 | $87,500 |
| BRITTANY MADNI | EXECUTIVE VP, SECRETARY/TREASURER Officer | 40 | $64,000 |
| BRIAN HOOKS | DIRECTOR Trustee or director | 2 | $0 |
| ART POPE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 316 PENNSYLVANIA AVE SE STE 501, WASHINGTON, DC 20003-1169
- In care of
- % PAUL WINFREE
- Principal officer (990 for 2024)
- DR PAUL WINFREE, 316 PENNSYLVANIA AVE SE 501, WASHINGTON, DC 200031169
- Signed the 990
- DR PAUL WINFREE, PRESIDENT & CEO/DIRECTOR
- Phone
- (202) 878-8956
- Website
- WWW.EPICFORAMERICA.ORG
- Return prepared by
- HAN GROUP LLC
Mission
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.
Program accomplishments
- 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 HAS CONTINUED TO PRODUCE RESEARCH ON IMPORTANT, TIMELY AREAS OF BUDGET AND ECONOMIC POLICY. THE EPIC TEAM'S ORIGINAL RESEARCH AND FINDINGS, WHITE PAPERS AND TESTIMONY, RESOURCES DESIGNED FOR CONGRESS (I.E., "EPIC ANALYSIS"), AND ACCESSIBLE EDUCATIONAL DOCUMENTS (I.E., "EPIC EXPLAINERS") ARE PUBLICLY AVAILABLE ON EPIC'S WEBSITE.DR. PAUL WINFREE AND THE EPIC TEAM RELEASED RESEARCH OUTLINING POLICY OPTIONS FOR RECONCILIATION, IDEAS FOR IMPLEMENTATION OF REGULATORY REFORM, AND ANALYSIS OF OUR NATION'S SIGNIFICANT DEBT AND DEFICIT ISSUES. EPIC'S RESEARCH IN 2024 ALSO FOCUSED ON SIGNIFICANT FEDERAL SPENDING ON WELFARE PROGRAMS (INCLUDING FOOD STAMPS), THE NEED TO ENACT POLICIES THAT WILL ENABLE ECONOMIC MOBILITY, THE LOOMING "FISCAL CLIFF," IMPROPER FEDERAL GOVERNMENT PAYMENTS, ANALYSIS OF THE ISSUES WITH THE AFFORDABLE CONNECTIVITY PROGRAM, THE IMPLICATIONS OF INSOLVENCY FOR THE SOCIAL SECURITY TRUST FUND, THE TRUE COSTS OF INFLATION DURING THE BIDEN-HARRIS ADMINISTRATION, AND THE PITFALLS OF USING GOVERNMENT EXPANSION AS A MEANS OF DRIVING ECONOMIC GROWTH. EPIC NOT ONLY ANALYZED LEGISLATIVE PROPOSALS, BUT HELD NUMEROUS BRIEFINGS AND EDUCATIONAL MEETINGS TO RELAY THE RELEVANT INFORMATION TO POLICYMAKERS AND THEIR STAFFS IN A MANNER THAT HELPED DRIVE POLICY CHANGES AND DEEPEN UNDERSTANDING OF THE SERIOUS ECONOMIC ISSUES FACING OUR COUNTRY. IN 2024, EPIC EMPLOYED 8 FULL-TIME STAFF AND FELLOWS. IN KEEPING WITH THEIR STATED MISSION, EPIC IS CONTINUING TO GROW, EXPAND AREAS OF RESEARCH, AND DEVELOP EFFECTIVE POLICY SOLUTIONS THAT ENABLE A FREE AND PROSPEROUS AMERICA.Expenses $1,723,056
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
- 93-2029728
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V22)
- Assets (IRS master file)
- $1,616,198
- Income (IRS master file)
- $2,662,898
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,662,898 | $2,347,550 | $1,616,198 | XML |
| 990 | December 2023 | $1,600,299 | $353,536 | $1,250,437 | XML |
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 93-2029728).
Questions about ECONOMIC POLICY INNOVATION CENTER INC
- What is the EIN of ECONOMIC POLICY INNOVATION CENTER INC?
- The employer identification number (EIN) of ECONOMIC POLICY INNOVATION CENTER INC is 93-2029728.
- Is ECONOMIC POLICY INNOVATION CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to ECONOMIC POLICY INNOVATION CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ECONOMIC POLICY INNOVATION CENTER 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 ECONOMIC POLICY INNOVATION CENTER 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 ECONOMIC POLICY INNOVATION CENTER 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 ECONOMIC POLICY INNOVATION CENTER INC?
- The 990 for the year ended December 31, 2024 names DR PAUL WINFREE.
- Who are the officers and directors of ECONOMIC POLICY INNOVATION CENTER INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 4 received compensation from the organization, the highest $475,018 (DR PAUL WINFREE, PRESIDENT & CEO/DIRECTOR).
- How much revenue does ECONOMIC POLICY INNOVATION CENTER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,662,898, expenses of $2,347,550 and total assets of $1,616,198 at year end.
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