Public Charity

ECONOMIC FUNDAMENTALS INITIATIVE INC

ECONOMIC FUNDAMENTALS INITIATIVE INC is a Public Charity headquartered in NEWARK, NJ. Financial data from the 2024 filing: $1.3M revenue, $1.5M expenses, $2.3M total assets. 11 publicly reported grants to this organization, totaling roughly $5.9M, appear in IRS filings.

EIN: 833451365 NEWARK, NJ Latest filing: 2024
Total Revenue$1.3M
Total Expenses$1.5M
Total Assets$2.3M
Grant Records11
Funding Total$5.9M
Filing Years2019–2024

Mission

TRANSLATION, PUBLICATION AND PROMOTION OF ECONOMICS TEXTBOOK(S) FOR CENTRAL AND EASTERN EUROPE AND THE COUNTRIES OF THE FORMER SOVIET UNION.

Officers & Directors

BOARD MEMBER Kathleen Mone
CHAIR Michael Markovitz
PRESIDENT Randall K Filer
TREASURER Renita Esayian

Officer compensation and complete director data available with membership.

Top Grant Purposes

for general operations
$3,400,000 4 grants
Common Sense Economics Project
$1,250,000 1 grant
for Expand Economic Fundamentals Project
$1,000,000 1 grant
Economic Education
$108,175 4 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $1.5M $2.3M
2023 $1.2M $1.1M $2.5M
2022 $1.3M $878K $2.4M
2020 $1.2M $620K $1.5M
2019 $1.2M $399K $851K

Between 2019 and 2024, reported annual revenue grew from $1.2M to $1.3M (+2%), with total assets most recently reported at $2.3M.

Interactive year-over-year charts and full filing details available with membership.

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