Cerge-Ei Foundation FY2020 filing

Tax-deductible

New York, NY501(c)(3)InternationalEIN 25-1725738Revenue $2.9M in FY2020

On file with the IRScerge-ei.cz26 Broadway, 10004-1703 · New York, NYTax-exempt since Jan 1995Publicly supported charity — 170(b)(1)(A)(vi)

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To promote economics education and research in the post-communist countries of central and eastern europe including the former soviet union.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$154K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $116K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$154K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$40K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 14 voting members
Looks good: 10 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.9M
Spent
$3.2M
To programs
95%
Net assets
$12.3M
By yearFY2020–FY2024
Revenue
$2.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.9M
FY2021$3.3M
FY2022$4.6M
FY2023$3.7M
FY2024$3.7M
Expenses
$3.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$3.2M
FY2021$3.2M
FY2022$4.4M
FY2023$4.3M
FY2024$3.7M
Net assets
$12.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$12.3M
FY2021$12.9M
FY2022$10.8M
FY2023$12.0M
FY2024$11.5M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $3.0M Management & general 4% · $127K Fundraising 1% · $29K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $154K paid to officers and key staff.

Part VII, Section A · reportable compensation
$47,513Pt VII · Sec A
$47,184Pt VII · Sec A
$44,675Pt VII · Sec A
$15,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Tony Claudino’s $162K as President and CEO is at the 63rd percentile of top reported officer pay among 1168 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tony Claudino$162,000$168,000$166,243$118,750—
Prof Ing Stepan Jurajda PHD$53,319$28,823$46,502$42,948—
Jan Svejnar$38,147$48,147$48,147$48,147$47,513
Randall K Filer—$31,456$47,184$47,184$47,184
Filip Kaspar$46,485$46,920$31,283$23,569—
Stepan Jurajda————$44,675
Gerald Roland$15,000$15,000$15,000$15,000—
Gerard Roland————$15,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes economics education and research in post-communist Central and Eastern Europe.

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Provided by the organization

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3 programs · $2.9M · in their own filed words · FY2020
01

Support for the CERGE-EI Doctoral Program in Economics for promising students from the former Soviet Bloc and other developing nations that is totally tuition free, building a base of knowledge and expertise in modern market economics in a region where it was previously unknown.

$1.3Mprogram expense
02

The CERGE-EI Teaching Fellowships support graduate students and post-doctoral teachers in the effort to expand the teaching of modern market economics to undergraduates in a region where such education is in severe short supply.

$1.1Mprogram expense
03

The Undergraduate Program in Central European Studies is an American junior-year study-abroad program designed to expand U.S. students education in the study of Central Europe and to further expand knowledge of the CERGE-EI program through American academia.

$439Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 2 grants · $25K · 2024–2024
Unitemized GrantFY2024$13,200
Unitemized GrantFY2024$12,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.9M
Ln 12
Gifts and grantsLn 1h$2.5M
Fees for servicesLn 2g$482K
Investment incomeLn 3$3K
Money outPt IX
$3.2M
Ln 25
Programscol B$3.0M
Managementcol C$127K
Fundraisingcol D$29K
Owns and owesPt X
$12.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$12.4M
LiabilitiesLn 26$40K
PeoplePt VI, VII
14
listed · VII A
PaidVII A4
Voting boardVI 1a14
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.5M
Government grantsLn 1e$22K
Noncash giftsLn 1g$65K
Fees for servicesLn 2g$482K
Investment incomeLn 3$3K
Gains on assetsLn 7−$428K
Total revenueLn 12$2.9M
Assets in detailPt X, end of year
CashLn 1$5K
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$1.6M
InvestmentsLn 11–13$10.7M
Total assetsLn 16$12.4M
LiabilitiesLn 26$40K
Net assetsLn 32$12.3M
OperationsPt I, VI
EmployeesI 51
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2.4M$1.6M
InvestmentsLn 11–13$9.0M$10.7M
Total assetsLn 16$12.8M$12.4M
LiabilitiesLn 26$473K$40K
Net assetsLn 32$12.3M$12.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$1.5M$1.5M
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$154K$123K$24K$8K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$8K$8K
Accounting feesLn 11c$15K$15K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$962K$895K$47K$21K
Advertising and promotionLn 12$0
Office expensesLn 13$30K$8K$22K$64
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$2K$2K$507
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$36K$36K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$503K$503K
All other expensesLn 24e$9K$641$8K$568
Total functional expensesLn 25$3.2M$3.0M$127K$29K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.7M$3.7M$18K$11.5M 990 PDF
FY2023 $3.7M$4.3M−$614K$12.0M 990 PDF
FY2022 $4.6M$4.4M$178K$10.8M 990 PDF
FY2021 $3.3M$3.2M$93K$12.9M 990 PDF
FY2020 Viewing $2.9M$3.2M−$256K$12.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $2,941,249 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,868,682$2,456,568
I-9 Program service revenuePrior year $1,076,042$482,155
I-10 Investment incomePrior year $307,764$2,526
I-11 Other revenue$0
I-12 Total revenuePrior year $5,252,488$2,941,249
I-13 Grants and similar amounts paidPrior year $3,128,625$1,473,343
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $152,722$154,372
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,072,742$1,569,059
I-18 Total expensesPrior year $5,354,089$3,196,774
I-19 Revenue less expensesPrior year −$101,601−$255,525
Part VI · Governance 10 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,941,249 across 8 lines filed
VIII-1e Government grants$21,828
VIII-1f All other contributions, gifts and grants$2,434,740
VIII-1g Noncash contributions (included above)$64,984
VIII-1h Total contributions, gifts and grants$2,456,568
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $482,155$482,155
VIII-3 Investment incomeExcluded from tax $430,872$430,872
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$428,346−$428,346
VIII-12 Total revenueRelated to mission $482,155 · Excluded from tax $2,526$2,941,249
Part IX · Statement of functional expenses $3,196,774 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $1,473,343$1,473,343
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $122,916 · Management $23,592 · Fundraising $7,864$154,372
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $8,215$8,215
IX-11c Accounting feesManagement $15,108$15,108
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $894,625 · Management $46,838 · Fundraising $20,910$962,373
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $8,028 · Management $22,116 · Fundraising $64$30,208
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $1,522 · Management $507$2,029
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $36,400$36,400
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $3,416$3,416
IX-24 Other expenses (24a–d)Programs $502,538$502,538
IX-24e All other expensesPrograms $641 · Management $7,563 · Fundraising $568$8,772
IX-25 Total functional expensesPrograms $3,040,013 · Management $127,355 · Fundraising $29,406$3,196,774
Part X · Balance sheet $12,367,167 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $6,048$4,857
X-2 Savings and temporary cash investmentsStart of year $2,346,931$1,626,107
X-3 Pledges and grants receivableStart of year $34,276$21,828
X-9 Prepaid expenses and deferred chargesStart of year $66,155$1,531
X-11 Publicly traded securitiesStart of year $9,012,020$10,712,844
X-16 Total assetsStart of year $12,759,668$12,367,167
X-17 Accounts payable and accrued expensesStart of year $19,634$39,251
X-19 Deferred revenueStart of year $317,867$970
X-26 Total liabilitiesStart of year $473,101$40,221
X-27 Net assets without donor restrictionsStart of year $5,275,858$4,802,762
X-28 Net assets with donor restrictionsStart of year $7,010,709$7,524,184
X-32 Total net assets or fund balancesStart of year $12,286,567$12,326,946
X-33 Total liabilities and net assetsStart of year $12,759,668$12,367,167
Part XI · Reconciliation of net assets $12,326,946 net assets at year end
XI-1 Total revenue$2,941,249
XI-2 Total expenses$3,196,774
XI-3 Revenue less expenses−$255,525
XI-4 Net assets at start of year$12,286,567
XI-5 Net unrealized gains (losses) on investments$295,904
XI-10 Net assets at end of year$12,326,946

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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