Economic Strategy Institute

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

EIN: 521653484 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Economic Strategy Institute?

The Economic Strategy Institute, headquartered in the United States, is a forward-thinking nonprofit organization. Its primary objective is to redefine the economic landscape by questioning established notions, with a goal to establish a comprehensive macro and microeconomic strategy that maximizes America's material and human resources. The institute engages in extensive research on various economic sectors, leading to the production of insightful publications and numerous communication channels to inform and engage the public. By fostering awareness of pertinent issues, the Economic Strategy Institute plays a crucial role in shaping the nation's economic future.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, Two-Star out of Four Star rating.

The Economic Strategy Institute has received a Two-Star rating from Charity Navigator, reflecting a score of 65% based predominantly on its Accountability & Finance metrics. This rating indicates that while the organization demonstrates several strengths, there are significant areas that need improvement in financial transparency and documentation.

Strengths of the organization include a fully independent board with all members meeting this criterion and robust policies in place related to conflicts of interest and whistleblower protections. The Institute also has no reported diversion of assets, which positively impacts its accountability score. However, the organization scored poorly in areas such as board size and the posting of its tax documents online, which could hinder transparency and public trust.

Additionally, the Economic Strategy Institute has a troubling liabilities to assets ratio, which raises concerns regarding its financial health. While the program expense ratio is robust, showcasing effective use of funds towards its mission, its overall financial practices need enhancement to improve its rating and public perception.


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

Is Economic Strategy Institute legitimate?

Economic Strategy Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Strategy Institute submitted a form 990EZ, 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.

What is the mission statement of Economic Strategy Institute?

The Economic Strategy Institute, in its mission, aims to redefine economic policy by questioning established beliefs. Its primary objective is to create an integrated economic strategy that maximizes the potential of America's material and human resources. The institute conducts extensive research on various economic topics related to leading industries. This research results in publications and various communication mediums, serving to educate the public and increase awareness about pertinent economic issues.

Who is the CEO of Economic Strategy Institute?

Clyde V Prestowitz Jr is the President of Economic Strategy Institute.

What is the revenue of Economic Strategy Institute?

Economic Strategy Institute's revenue in 2022 was $146,443.

Who are the executives of Economic Strategy Institute and what are their salaries?


Here are 4 key members and their salaries:


Patrick Mulloy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Gomory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regis Mckenna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clyde V Prestowitz Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Economic Strategy Institute?

Economic Strategy Institute's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Economic Strategy Institute

The Economic Strategy Institute, a renowned organization, is dedicated to redefining economic agendas by critically evaluating established beliefs. With a mission to excel, the institute aims to devise comprehensive macro and microeconomic strategies, leveraging America's abundant material and human resources to their utmost potential. The institute engages in extensive research on various economic topics related to leading industries. This research culminates in a multitude of publications and communication methods, designed to educate the public and foster awareness around pertinent issues. By disseminating this knowledge, the Economic Strategy Institute seeks to contribute to informed decision-making and shape a more prosperous economic landscape.

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Impact




October, 2024

The Economic Strategy Institute plays a significant role in redefining economic discourse and policy in the United States. By challenging conventional assumptions, it develops integrated macro and microeconomic strategies aimed at optimizing America's material and human resources. The institute's comprehensive research on various industries leads to influential publications and educational initiatives that raise public awareness and foster informed discussions about economic issues. Through its efforts, the Economic Strategy Institute contributes to shaping a new economic agenda that addresses contemporary challenges and promotes sustainable growth.




This information is meant to be a general summary of Economic Strategy Institute. 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
$146,443 (2022)
Expenses
$109,817 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $292
  • Gross Receipts: $146,443

Assets and Liabilities:

  • Total Assets: $4,485
  • Total Liabilities: $245,881
  • Net Assets: -$241,396

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Organization Details

Principal Officer

Clyde V Prestowitz Jr

Main Address

1730 Rhode Island Avenue NW 414, Washington, DC, 20046

NTEE Category

Code: V20 - Social research

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