Center For Innovative Policy
- Assets
- $580.0k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 28
- Location
- Washington, DC
- Founding
- 05/2006
- Data as of
- 12/2023
- EIN
- 02-0747896
Organization Overview
Center For Innovative Policy is located in Washington, DC. The organization was established in 2006. According to its NTEE Classification (Q43) the organization is classified as: National Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Center For Innovative Policy employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Innovative Policy is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Center For Innovative Policy generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO RESEARCH DEVELOP AND DISSEMINATE PROGRESSIVE AND FISCALLY RESPONSIBLE STATE PUBLIC POLICY PROPOSALS TO PROMOTE THE WELL-BEING OF ALL PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND CONFERENCES ON POLICY BEST PRACTICES IN AREAS OF HEALTHCARE, CRIME, EDUCATION, ECONOMIC DEVELOPMENT, AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meghan Meehan - Draper Director/president | OfficerTrustee | 3 | $24,349 |
Stephen Hill Director/treasurer | OfficerTrustee | 1 | $6,111 |
Noam Lee Former Director/president | 5 | $21,223 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,072,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,072,500 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,072,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $31,611 |
| Compensation of current officers, directors, key employees. | $4,482 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $280,161 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,365 |
| Payroll taxes | $23,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $95,059 |
| Fees for services: Accounting | $50,377 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $32,097 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,265 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,311,912 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,878,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $579,997 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $579,997 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $579,997 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $579,997 |
Grants Awarded
Over the last fiscal year, Center For Innovative Policy has awarded $830,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA WORKS USA PURPOSE: SOCIAL WELFARE | $800,000 |
GUARANTEE OUR VOTES PROJECT PURPOSE: GENERAL SUPPORT | $30,000 |