Economic Security Project INC FY2023 filing
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Seeds big ideas to shape markets, exploring public options in housing, healthcare, childcare, and food, and convening experts on AI's economic future. For fiscal year 2023 it reported $11.2M in revenue, $11.2M in expenses, and $7.4M in net assets.Pt I
Summary of the Filing
Where the work happens
Cash Tax Credit (ctc) in the States Initiative
Designed to shift federal energy for a modernized CTC to the states, surpassed all expectations, supporting the passage of expanded or improved tax credits in over 18 states, resulting in over $2 billion in over 4 million households this year alone. Even as that work picked up steam, we kept up the drumbeat for the federal CTC.
Guaranteed Income (gi)
Led a renewed national conversation around gi and lifted-up the effectiveness of pilot programs. In parallel we set the agenda by building the ten year vision to winning a gi with the blueprint for a guaranteed income, collectively built by hundreds of members of the guaranteed income community of practice, which grew to 1,000+ members.
Antimonopoly
To shape markets to work for people, we provided crucial funding to the coalition fighting for a non-competes ban for workers, organized influential grass tops leaders, and raised the issue's visibility through national media coverage and compelling testimonies highlighting the implications for workers.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Natalie Foster’s $263K as President is at the 50th percentile of top reported officer pay among 129 $10–100M civil rights & advocacy 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Natalie Foster | $262,918 | $290,829 | $281,983 | — |
| Adam Ruben | — | — | $229,680 | $55,229 |
| Taylor Jo Isenberg | $206,182 | $178,614 | $199,048 | $15,952 |
| Anna C Aurilio | $119,461 | $110,764 | $192,788 | — |
| Harish Patel Vice President | $186,000 | $184,396 | — | — |
| Adam Ruben Vice President | $134,293 | $174,413 | — | — |
| Christine Blitz VP of | $172,619 | — | — | — |
| Teresa Olle | $107,602 | $89,630 | $158,508 | $31,283 |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 81% | — | — |
| Overhead ratio | 14% | — | — |
| Fundraising cost ratio | 6% | — | — |
| Revenue growth | 1% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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