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Committee For A Responsible Federal Budget

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521231278 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Committee For A Responsible Federal Budget?

The Committee for a Responsible Federal Budget is a nonpartisan, nonprofit organization dedicated to enlightening the public, policymakers, and the media about matters of substantial fiscal policy influence. Comprising esteemed budget specialists, including numerous former chairs and directors from prominent budget committees and offices such as the Congressional Budget Committees, Congressional Budget Office, Office of Management and Budget, and Government Accountability Office, this entity engages in the development of initiatives, conducts extensive research, and analyzes legislation to serve as an informed guide for policymakers and the general public.


Official website here: www.crfb.org

What are the reviews and ratings of this charity?

**Rating: 92% (Four-Star out of Four Star Rating on Charity Navigator)**

The Committee For A Responsible Federal Budget has received an impressive Four-Star rating from Charity Navigator, indicating a strong focus on accountability and finance. The organization excels in maintaining a majority independent board and a solid financial oversight framework, with no material diversions of assets reported. However, it has encountered some limitations related to document retention protocols and the distribution of tax forms to board members, which are essential for transparency.

In terms of financial health, the organization demonstrates a commendable program expense ratio of 83.56%, ensuring that a significant portion of its resources is directed towards its core mission. Additionally, the fundraising efficiency is notable, with just $0.05 spent to raise a dollar, showcasing effective operations. Despite these strengths, the lack of available information about the salaries of key persons and certain scoring in impact and leadership raises questions regarding overall transparency and effectiveness.

User reviews from GreatNonprofits were not accessible for this analysis. Therefore, insights on public sentiment cannot be provided.


This AI summary has been generated from information found on Charity Navigator.

Is Committee For A Responsible Federal Budget legitimate?

Committee For A Responsible Federal Budget is a legitimate nonprofit organization registered as a 501(c)(3) entity. Committee For A Responsible Federal Budget submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,071,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,171,919

For more financial information, click here


Official website here: www.crfb.org

What is the mission statement of Committee For A Responsible Federal Budget?

The Committee for a Responsible Federal Budget is a nonpartisan, nonprofit organization dedicated to enlightening the public, policymakers, and the media on issues that have substantial impacts on fiscal policy. Comprising some of the nation's leading budget experts, including former chairs and directors from prominent financial committees and organizations, the committee's mission is to promote education and understanding in this critical area. To accomplish this, they develop initiatives, conduct extensive research, and analyze legislation, aiming to provide valuable insights to policymakers and the general public.


Official website here: www.crfb.org

Who is the CEO of Committee For A Responsible Federal Budget?

Maya Macguineas is the President of Committee For A Responsible Federal Budget.


Official website here: www.crfb.org

What is the revenue of Committee For A Responsible Federal Budget?

Committee For A Responsible Federal Budget's revenue in 2022 was $7,037,630.


Official website here: www.crfb.org

Who are the executives of Committee For A Responsible Federal Budget and what are their salaries?

The average compensation at Committee For A Responsible Federal Budget during 2022 was $75,436. There are 43 employees and 34 volunteers at Committee For A Responsible Federal Budget.


Here are 42 key members and their salaries:


Maya Macguineas (President)
  • Compensation: $515,663
  • Related: $0
  • Other: $49,026
Marc L Goldwein (Svp And Senior Policy Dire)
  • Compensation: $236,792
  • Related: $0
  • Other: $37,713
Michael V Murphy (Svp And Chief Of Staff)
  • Compensation: $196,468
  • Related: $0
  • Other: $36,185
Christopher R Rotella (Sr. Director Of Development)
  • Compensation: $188,621
  • Related: $0
  • Other: $27,794
Simone G Frank (Senior Advisor, Finance)
  • Compensation: $166,562
  • Related: $0
  • Other: $41,472
Joshua B Gordon (Director, Health Policy)
  • Compensation: $166,453
  • Related: $0
  • Other: $14,920
Benjamin Tomchik (Vp And Deputy Chief Of Staff)
  • Compensation: $147,527
  • Related: $0
  • Other: $25,786
Adam Shifriss (Sr. Dir. Legislative Strategy)
  • Compensation: $136,291
  • Related: $0
  • Other: $26,022
Mitch Daniels (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Panetta (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Penny (Co-Chair And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Stenholm (Treasurer Until July 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marne Obernauer Director Until (December, Then Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rudy Penner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Mccurdy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erskine Bowles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Bowsher (Director Until September)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Conrad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan L Crippen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vic Fazio (Director Until March)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willis Gradison Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hoagland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Kerr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Kolbe (Director Until November)
  • Compensation: $0
  • Related: $0
  • Other: $0
James T Mcintyre Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Minge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
June O'Neill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Nutter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Reischauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Robb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Spratt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Steuerle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stockman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tanner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Tauke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Cox Wait (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Harman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Margolies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isabel Sawhill (Director As Of January)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.crfb.org

Where can I find the form 990 for Committee For A Responsible Federal Budget?

Committee For A Responsible Federal Budget's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.crfb.org

Learn more at the official website: www.crfb.org

Mission Statement of Committee For A Responsible Federal Budget

The Committee for a Responsible Federal Budget is a nonpartisan, nonprofit organization committed to enlightening the public, policymakers, and the media about matters that carry substantial fiscal policy implications. Comprised of some of the nation's leading budget experts, including numerous past chairs and directors of esteemed institutions such as the Congressional Budget Committees, the Congressional Budget Office, the Office of Management and Budget, and the Government Accountability Office, this organization serves as a vital resource in informing decision-makers and the general public on critical fiscal policy concerns.

In its mission, the Committee for a Responsible Federal Budget focuses on developing initiatives, conducting research, and analyzing legislation to offer insightful perspectives and recommendations for policymakers. By doing so, the organization aims to promote responsible fiscal policies that foster economic stability and long-term growth while addressing pressing national challenges. The Committee's nonpartisan approach allows it to maintain credibility and influence in shaping fiscal policy debates, ensuring that sound financial principles guide the nation's economic future.

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Impact




July, 2024

The Committee For A Responsible Federal Budget's impact lies in its efforts to educate the public, policymakers, and the media about significant fiscal policy issues. Comprised of leading budget experts, the organization develops initiatives, conducts research, and analyzes legislation to inform and influence decision-makers and the public. Through its nonpartisan approach, the Committee aims to shed light on important fiscal matters and foster a more informed discussion on these critical issues.




This information is meant to be a general summary of Committee For A Responsible Federal Budget. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,037,630 (2022)
Expenses
$4,481,795 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,000
  • Program Service Revenue: $71,454
  • Gross Receipts: $7,037,630

Assets and Liabilities:

  • Total Assets: $5,725,188
  • Total Liabilities: $518,183
  • Net Assets: $5,207,005

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$71,454

Organization Details

Founding Year

1981

Principal Officer

Maya Macguineas

Main Address

1900 M STREET NW SUITE 850, WASHINGTON, DC, 20036

NTEE Category

Code: W22Z - Public benefit

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