Public Charity

Economic Fundamentals Initiative Inc

Economic Fundamentals Initiative Inc is a Public Charity headquartered in Newark, NJ. Financial data from the 2025 filing: $995K revenue, $1.5M expenses, $1.8M total assets. 11 publicly reported grants to this organization, totaling roughly $5.9M, appear in IRS filings.

EIN: 833451365 Newark, NJ Media & Communications NTEE: A30 Latest filing: 2025
Total Revenue$995K
Total Expenses$1.5M
Total Assets$1.8M
Grant Records11
Funding Total$5.9M
Filing Years2020–2025

Mission

EFI works to expand access to high-quality economic and financial literacy education by supporting students , educators, professionals and institutions across the Western Balkans, Central Asia, South Caucasus and Ukraine.

Where $100 goes at Economic Fundamentals Initiative Inc

How Economic Fundamentals Initiative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$83 Programs the work itself
$15 Management running the organization
$2 Fundraising raising the next dollar

Inside the $83 for programs

$83
EFI develops and delivers economic education programs that expand access to economic learning , identify talented students and create pathways for educational and professional opportunity
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Ilir Hysa
Chair Joe Difiglia
Director Kalev Ruberg
Director Kathy Mone
CEO Kesiah Nuttall-Crola
Director Michael Markovitz

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,500,000 5 grants
Economic Development
$2,250,000 2 grants
Education
$108,175 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $995K $1.5M $1.8M
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

Between 2020 and 2025, reported annual revenue declined from $1.2M to $995K (-20%), with total assets most recently reported at $1.8M.

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

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