2025-11-14T12:19:01-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 6116 EXECUTIVE BLVD 500 NORTH BETHESDA MD 20852 990 2024-01-01 474464400 WASHINGTON CENTER FOR EQUITABLE GROWTH INC WASH 2025456002 740 15TH STREET NW 8TH FLOOR WASHINGTON DC 20005 SHAYNA STROM PRESIDENT AND CEO 2025456002 2025-11-13 1 0 BRENT A CROGHAN CPA P00846741 3017705100 2025-11-13 2024 2025-03-06 01:10:19Z SHAYNA STROM 740 15TH STREET NW 8TH FLOOR WASHINGTON DC 20005 11966024 0 X WWW.EQUITABLEGROWTH.ORG X 2015 DC THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS A NON-PROFIT RESEARCH AND GRANTMAKING ORGANIZATION DEDICATED TO ADVANCING EVIDENCE-BACKED IDEAS AND POLICIES THAT PROMOTE STRONG, STABLE, AND BROAD-BASED ECONOMIC GROWTH. 5 5 36 5 0 0 6337085 11912927 0 0 937 49237 11613 3860 6349635 11966024 803300 907319 0 0 5744528 4016069 0 0 390634 1151326 1799631 7699154 6723019 -1349519 5243005 7546618 12750745 988354 949476 6558264 11801269 X THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS A NON-PROFIT RESEARCH AND GRANTMAKING ORGANIZATION DEDICATED TO ADVANCING EVIDENCE-BACKED IDEAS AND POLICIES THAT PROMOTE STRONG, STABLE, AND BROAD-BASED ECONOMIC GROWTH. ORGANIZATION DEDICATED TO IMPROVING THE UNDERSTANDING OF EQUITABLE GROWTH AND INEQUALITY BY SUPPORTING NEW ACADEMIC RESEARCH AND BRINGING TOGETHER SCHOLARS TO SHARE THEIR WORK - BUILD STRONGER BRIDGE BETWEEN ACADEMICS AND POLICYMAKERS TO HELP ENSURE THAT RESEARCH ON EQUITABLE GROWTH AND INEQUALITY IS RELEVANT, ACCESSIBLE, AND INFORMATIVE TO THE POLICYMAKING PROCESS - SHARE A RIGOROUS, FACT BASED NATIONAL DEBATE ON EQUITABLE GROWTH AND INEQUALITY BY FACILITATING SCHOLARS' PARTICIPATION IN THE MEDIA AND INVESTING IN A SOPHISTICATED IN-HOUSE COMMUNICATIONS AND SOCIAL MEDIA EFFORT. 0 0 1658049 907319 ACADEMIC PROGRAMS: EQUITABLE GROWTH'S GRANTS AND RESEARCH PROGRAMS AIM TO IMPROVE OUR UNDERSTANDING OF INEQUALITY AND GROWTH BY SUPPORTING NEW RESEARCH AND BRINGING SCHOLARS TOGETHER TO SHARE THEIR WORK. 1228646 POLICY AND ADVOCACY: EQUITABLE GROWTH'S TEAM ELEVATES NEW RESEARCH AND POLICY-RELEVANT ANALYSIS BY INVESTING AND ENGAGING IN ROBUST OUTREACH TO ENSURE NEW FINDINGS ARE DISCUSSED PROMINENTLY IN ACADEMIC AND POLICY CIRCLES IN WASHINGTON AND AROUND THE COUNTRY. 1232093 COMMUNICATIONS AND MARKETING: EQUITABLE GROWTH'S TEAM WORKS TO BUILD A STRONGER BRIDGE BETWEEN ACADEMICS AND POLICYMAKERS TO HELP ENSURE THAT RESEARCH ON INEQUALITY AND GROWTH IS CREDIBLE, RELEVANT, ACCESSIBLE, AND INFORMATIVE TO THE POLICYMAKING PROCESS. 4118788 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 36 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JESSICA PRESHER 2025456002 740 15TH STREET NW 8TH FLOOR WASHINGTON DC 20005 STEVE DAETZ BOARD CHAIR 1.00 X X 0 0 0 BYRON AUGUSTE BOARD SECRETARY 1.00 X X 0 0 0 IRA FISHMAN BOARD TREASURER 1.00 X X 0 0 0 SHAYNA STROM PRESIDENT & CEO 40.00 X X 304987 0 17475 MELISSA GROBER-MORROW VICE PRESIDENT 40.00 X X 204303 0 38232 SAMEERA FAZILI MEMBER AT LARGE 1.00 X 0 0 0 MARY BETH MAXWELL MEMBER AT LARGE 1.00 X 0 0 0 JESSICA PRESHER SENIOR DIRECTOR, HR, OPERATION AND FINANCE 40.00 X X 47290 0 110 JANELLE JONES VICE PRESIDENT, POLICY 40.00 X 205165 0 18951 KORIN DAVIS DIRECTOR OF ACADEMIC PROGR 40.00 X 154328 0 36800 ELENA WASKEY SENIOR DIRECTOR OF COMMUNI 40.00 X 171416 0 26878 LORIA LOPEZ DIRECTOR OF HR 40.00 X 153148 0 33954 DAVID MITCHELL SENIOR FELLOW 40.00 X 152196 0 17475 GINA SALERNO DIRECTOR OF DEVELOPMENT 40.00 X 141162 0 16863 1533995 0 206738 15 0 1 0 NEW HEIGHTS COMMUNICATIONS 6632 32ND STREET NORTHWEST WASHINGTON DC 20015 PR SUPPORT 107500 LINDEN STRATEGIES LLC 3307 22ND STREET NORTHEAST WASHINGTON DC 20018 POLICY SUPPORT 107400 2 553088 11359839 11912927 49237 49237 OTHER INCOME 900099 3860 3860 3860 11966024 3860 0 49237 X 862319 862319 45000 45000 836514 331121 315208 190185 2470401 1446679 973575 50147 126000 73082 50261 2657 334675 186497 131636 16542 248479 150026 83685 14768 48791 41472 7319 47388 40280 7108 955119 561241 334797 59081 19140 7899 9555 1686 189137 102285 73824 13028 146850 79417 57318 10115 44185 37337 5821 1027 156046 154793 1065 188 15183 8210 5926 1047 16599 8977 6479 1143 MEMBERSHIP AND SUBSCRIP 72456 26504 39059 6893 STAFF DEVELOPMENT 36406 22706 11645 2055 CATERING AND FOOD 35893 20767 12857 2269 BAD DEBT 22053 18745 3308 -5615 -6072 389 68 6723019 4118788 2213597 390634 7252381 8386184 182548 4288000 24568 19881 61966 46708 395067 385095 25155 9972 7546618 12750745 383054 345896 605300 603580 988354 949476 X 3461030 5391463 3097234 6409806 6558264 11801269 7546618 12750745 5243005 0 X X 0 1 X 1 0 X 10759000 8545000 6132361 6337085 11912927 43686373 10759000 8545000 6132361 6337085 11912927 43686373 29853737 13832636 81446 28110 1187 937 49237 160917 12294 5482 59921 11613 3860 93170 43940460 0.31480 0.29880 X THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS AN ACTIVE PUBLIC CHARITY WITH A PUBLIC INTEREST MISSION TO ADVANCE EVIDENCE-BACKED IDEAS AND POLICIES THAT PROMOTE STRONG, STABLE AND BROAD-BASED ECONOMIC GROWTH. WE DO THIS VIA GRANTMAKING AND RESEARCH, POSTING THIS ANALYSIS TO OUR PUBLIC WEBSITE AND VIA OTHER MEANS, INCLUDING PROVIDING PUBLIC TESTIMONY AND SHARING OUR FINDINGS WITH A BROAD CROSS-SECTION OF THE MEDIA, ACADEMICS AND POLICYMAKERS. WE HAVE A YEAR-ROUND FUNDRAISING OPERATION THAT RAISES FUNDS FROM OTHER PUBLIC CHARITIES, PHILANTHROPIC DONORS AND INTERESTED PERSONS. OUR PUBLIC SUPPORT TEST LEVELS WERE 31.48% AND 29.88% IN 2024 AND 2023 RESPECTIVELY, AND WE CONTINUE TO ACTIVELY WORK TO DIVERSIFY OUR REVENUE BASE. WE HAVE A GOVERNING BODY WITH DIVERSE BACKGROUNDS AND PROFESSIONAL EXPERIENCES, INCLUDING FORMER POLICYMAKERS AND THOSE WITH SPECIALIZED EXPERTISE AND RELATIONSHIPS IN AREAS THE CENTER WORKS IN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 422 15793 16215 6706804 6723019 486151 121538 0 0 574680 599840 534958 486151 2195629 3293444 15320 20768 9950 16215 62253 143670 149960 133740 121538 548908 823362 422 422 395067 385095 9972 9972 X 11966024 0 11966024 0 11966024 6723019 0 6723019 0 6723019 PART X, LINE 2: EQUITABLE GROWTH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. EQUITABLE GROWTH IS SUBJECT TO TAX ON ANY UNRELATED BUSINESS INCOME THAT IT MAY GENERATE. EQUITABLE GROWTH HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2024 AND 2023. EQUITABLE GROWTH IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. EQUITABLE GROWTH'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. 1 AMERICAN UNIVERSITY 4400 MASSACHUSETTS AVE NW WASHINGTON DC 20016 530196549 501(C)(3) 30000 0 RESEARCH GRANT ARIZONA STATE UNIVERSITY 660 S MILL AVE SUITE 204 TEMPE AZ 85287 860196696 501(C)(3) 30000 0 RESEARCH GRANT UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON ST 6TH FLOOR COLUMBIA SC 29208 576001153 501(C)(3) 30000 0 RESEARCH GRANT UNIVERSITY OF ROCHESTER PO BOX 278832 ROCHESTER NY 14627 160743209 501(C)(3) 30000 0 RESEARCH GRANT UNIVERSITY OF KENTUCKY 337 PETERSON SERVICE BUILDING 411 SOUTH LIMESTONE ST LEXINGTON KY 40506 616001218 501(C)(3) 15000 0 RESEARCH GRANT CORNELL UNIVERSITY PO BOX 22 ITHACA NY 14851 150532082 501(C)(3) 15000 0 RESEARCH GRANT UNIVERSITY OF MARYLAND COLLEGE PARK 4101 CHESAPEAKE BUILDING 4300 TERRAPIN TRAIL COLLEGE PARK MD 20742 526002033 501(C)(3) 15000 0 RESEARCH GRANT HARVARD UNIVERSITY 1033 MASSACHUSETTS AVE CAMBRIDGE MA 02138 042103580 501(C)(3) 97200 0 RESEARCH GRANT UNIVERSITY OF WISCONSIN MADISON 21 NORTH PARK SUITE 6401 MADISON WI 53715 391805963 501(C)(3) 80000 0 RESEARCH GRANT CARNEGIE MELLON UNIVERSITY 5000 FORBES AVE PITTSBURGH PA 15213 250969449 501(C)(3) 77520 0 RESEARCH GRANT UNIVERSITY OF CHICAGO 6054 SOUTH DREXEL AVE SUITE 300 CHICAGO IL 60637 362177139 501(C)(3) 79200 0 RESEARCH GRANT UNIVERSITY OF CALIFORNIA LOS ANGELES PO BOX 957089 1125 MURPHY HALL 405 HILGARD AVE LOS ANGELES CA 90095 956006143 501(C)(3) 80000 0 RESEARCH GRANT UNIVERSITY OF MARYLAND COLLEGE PARK 4101 CHESAPEAKE BUILDING 4300 TERRAPIN TRAIL COLLEGE PARK MD 20742 526002033 501(C)(3) 75260 0 RESEARCH GRANT DUKE UNIVERSITY PO BOX 602651 CHARLOTTE NC 28260 560532129 501(C)(3) 20000 0 RESEARCH GRANT RUTGERS UNIVERSITY 33 KNIGHTSBRIDGE ROAD 2 EAST PISCATAWAY NJ 08854 226001086 501(C)(3) 10000 0 RESEARCH GRANT UNIVERSITY OF CALIFORNIA BERKELEY PO BOX 744695 LOS ANGELES CA 90074 943067788 501(C)(3) 66500 0 RESEARCH GRANT 15 DOCTORAL/POST-DOCTORAL RESEARCH GRANT 3 45000 PART I, LINE 2: INTERIM NARRATIVE AND FINANCIAL REPORTS ARE DUE PERIODICALLY THROUGHOUT THE LIFE OF THE GRANT, TYPICALLY AT THE HALFWAY POINT FOR 12 TO 24 MONTHS GRANT, MORE FREQUENTLY FOR GRANTS WHOSE TERMS ARE LONGER THAN 24 MONTHS. NARRATIVE REPORTS MUST BE SIGNED BY THE PRINCIPAL INVESTIGATOR AND SHOULD DESCRIBE PROGRESS, OBSTACLES, PRELIMINARY FINDINGS, IF ANY, AND ANY PLANS TO PRESENT/DISCUSS THE WORK. FINANCIAL REPORTS MUST SHOW HOW MUCH HAS BEEN SPENT AND ON WHAT, AND MUST BE SIGNED BY THE OFFICER OF THE UNIVERSITY. X X 0 0 0 0 0 0 0 0 0 SHAYNA STROM PRESIDENT & CEO 304987 0 0 0 0 0 15976 0 1499 0 322462 0 0 0 MELISSA GROBER-MORROW VICE PRESIDENT 204303 0 0 0 0 0 10858 0 27374 0 242535 0 0 0 JANELLE JONES VICE PRESIDENT, POLICY 205165 0 0 0 0 0 9552 0 9399 0 224116 0 0 0 ELENA WASKEY SENIOR DIRECTOR OF COMMUNI 171416 0 0 0 0 0 9154 0 17724 0 198294 0 0 0 KORIN DAVIS DIRECTOR OF ACADEMIC PROGR 154328 0 0 0 0 0 8198 0 28602 0 191128 0 0 0 LORIA LOPEZ DIRECTOR OF HR 153148 0 0 0 0 0 8306 0 25648 0 187102 0 0 0 DAVID MITCHELL SENIOR FELLOW 152196 0 0 0 0 0 8197 0 9278 0 169671 0 0 0 GINA SALERNO DIRECTOR OF DEVELOPMENT 141162 0 0 0 0 0 7280 0 9583 0 158025 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD WILL RECEIVE THE 990 VIA EMAIL FOR REVIEW AND IT WILL BE DISCUSSED AT THE NEXT BOARD MEETING AS REQUESTED BY THEM. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY, NEW BOARD MEMBERS WILL COMPLETE QUESTIONNAIRES UPON JOINING, THEN ANNUALLY WITH THE OTHER BOARD MEMBERS. OUTSIDE OF THIS TIME-LINE THE ORGANIZATION WOULD ASK FOR A QUESTIONNAIRE TO BE UPDATED IF THEY ARE MADE TERTIARILY AWARE OF ANY CHANGES FOR A SPECIFIC BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 WE HIRED A COMPENSATION FIRM, PRM CONSULTING, TO CONDUCT A MARKET ANALYSIS OF OUR PAY BANDS AND TO BENCHMARK SALARIES AND TOTAL COMPENSATION PACKAGES FOR SPECIFIC POSITIONS, INCLUDING THE CEO AND OTHER KEY EMPLOYEES, INCLUDING VICE PRESIDENT, DIRECTOR OF FINANCE, COMMUNICATIONS DIRECTOR, AND POLICY DIRECTOR. THE ANALYSIS INCLUDED COMPARABILITY DATA FOR NONPROFITS OF SIMILAR SIZE WITHIN THE WASHINGTON, DC METROPOLITAN AREA. THIS DATA WAS REVIEWED BY BOARD MEMBERS TO DETERMINE CEO PAY AND IS USED TO ASSESS COMPENSATION FOR POSITIONS ACROSS THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 WE DO NOT MAKE THESE POLICIES AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 561,241. MANAGEMENT AND GENERAL EXPENSES 334,797. FUNDRAISING EXPENSES 59,081. TOTAL EXPENSES 955,119. PART XII, LINE 2C EXPLANATION THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.