Center For The Study Of Services, operating under the name Consumer's Checkbook Magazine, is located in Washington, DC. The organization was established in 1974. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Consumer's Checkbook Magazine employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Consumer's Checkbook Magazine is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Consumer's Checkbook Magazine generated $24.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $24.9m during the year ending 12/2022. While expenses have increased by 11.3% per year over the past 4 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH, INVESTIGATE, DEVELOP INFORMATION,EDUCATE AND INFORM THE PUBLIC GOVERNMENT OFFICIALS, SERVICE PROVIDERS AND OTHERS DIRECTLY & THROUGH RELATIONSHIPS WITH OTHERS ON THE PERFORMANCE, QUALITY AVAILABILITY & COSTS OF SERVICE PROVIDERS, INCLUDING RETAILERS.
Describe the Organization's Program Activity:
HEALTHCARE RESEARCH, EDUCATION, AND INFORMATION PROGRAM. THIS PROGRAM DOES SURVEYS, ANALYSIS, AND OTHER RESEARCH AND PROVIDES EDUCATION AND INFORMATION TO THE PUBLIC, GOVERNMENT, AND HEALTHCARE PROVIDERS TO IMPROVE CONSUMERS', PROVIDERS', PUBLIC POLICY LEADERS AND OTHERS' UNDERSTANDING AND INFORMATION ABOUT THE PERFORMANCE OF HEALTHCARE PROVIDERS SO THAT CONSUMERS AND OTHER APPROPRIATE PARTIES CAN MAKE APPROPRIATE PROVIDER CHOICES AND DEAL EFFECTIVELY WITH PROVIDERS, AND SO THAT PROVIDERS AND OTHER ORGANIZATIONS WILL BE ENABLED AND MOTIVATED TO WORK FOR QUALITY IMPROVEMENT. CSS/CHECKBOOK ALSO DESIGNED AND HOSTED DECISION SUPPORT TOOLS, WHICH SUPPORT CONSUMERS IN CHOOSING HEALTH PLANS BASED ON COST, PLAN QUALITY, AND PROVIDER PARTICIPATION WHEN PURCHASING ON PUBLIC OR PRIVATE EXCHANGES. WE CURRENTLY OFFER TOOLS IN RHODE ISLAND, MAINE, VERMONT, MASSACHUSETTS, WASHINGTON DC, OREGON, AND CALIFORNIA.
CHECKBOOK AND CHECKBOOK.ORG. THIS PROGRAM DOES SURVEYS, ANALYSIS, AND OTHER RESEARCH AND PROVIDES EDUCATION AND INFORMATION TO THE PUBLIC, GOVERNMENT, AND SERVICE PROVIDERS TO IMPROVE CONSUMERS', PROVIDERS', PUBLIC POLICY LEADERS AND OTHERS' UNDERSTANDING AND INFORMATION ABOUT THE PERFORMANCE OF SERVICE PROVIDERS SO THAT CONSUMERS AND OTHER APPROPRIATE PARTIES CAN MAKE APPROPRIATE PROVIDER CHOICES AND DEAL EFFECTIVELY WITH PROVIDERS, AND SO THAT PROVIDERS AND OTHER ORGANIZATIONS WILL BE ENABLED AND MOTIVATED TO WORK FOR QUALITY IMPROVEMENT. THIS PROGRAM ADDRESSES A WIDE RANGE OF SERVICES AND STORES, FROM AUTO INSURANCE COMPANIES TO PLUMBERS TO SUPERMARKETS TO FITNESS CLUBS TO ELECTRICIANS TO HOSPITAL EMERGENCY DEPARTMENTS. CSS/CHECKBOOK CONTINUED ITS ONGOING PUBLICATION OF CONSUMERS' CHECKBOOK MAGAZINE AND CHECKBOOK'S UPDATE NEWSLETTER IN SEVEN MAJOR METROPOLITAN AREAS (BOSTON, PHILADELPHIA, WASHINGTON-DC, CHICAGO, MINNEAPOLIS-ST. PAUL, SEATTLE, AND SAN FRANCISCO/OAKLAND/SAN JOSE), AND CONTINUED TO UPDATE AND EXPAND THE CHECKBOOK.ORG WEBSITE SERVING THESE AREAS. CSS/CHECKBOOK ALSO RESEARCHES, AUTHORS, AND PUBLISHES ARTICLES EDUCATING CONSUMERS SUCH AS THE ARTICLES "65 THINGS YOU (PROBABLY) SHOULDN'T PAY FOR AND "SALE PRICES ARE RARELY REAL DEALS". THE INFORMATION DIRECTLY REACHES ABOUT 86,000 INDIVIDUAL CHECKBOOK SUBSCRIBERS. FINDINGS AND ADVICE, AND LISTS OF TOP-RATED SERVICE FIRMS, WERE ALSO REPORTED IN NEWSPAPERS AND ON TV AND RADIO WITH DOZENS OF SEGMENTS ON MAJOR STATIONS IN THE VARIOUS MEDIA MARKETS. CSS/CHECKBOOK'S PUBLICATIONS CARRY NO ADVERTISING, DO NOT ALLOW USE OF THEIR NAME IN ADVERTISING, AND ACCEPT NO PAYMENTS FROM FIRMS THEY EVALUATE. THE ORGANIZATION'S EVALUATIONS ARE DONE RIGOROUSLY. FIRM SCORES ARE IN MANY CASES ARE BASED ON HUNDREDS OF SUCH RATINGS. IN ADDITION, VARIOUS OTHER EVALUATION METHODS ARE USED, INCLUDING MANY THOUSANDS OF PRICE CHECKS BY CHECKBOOK'S UNDERCOVER PRICE SHOPPERS, SURVEYS OF EXPERTS, ANALYSIS OF COMPLAINTS ON FILE AT CONSUMER AGENCIES, ANALYSIS OF GOVERNMENT DATA, ETC. CSS/CHECKBOOK PUBLISHED, IN PRINT AND ONLINE, A GUIDE TO HEALTH PLANS FOR FEDERAL EMPLOYEES WHICH IS SUBSCRIBED TO BY VARIOUS FEDERAL AGENCIES, UNIONS, AND ASSOCIATIONS FOR THEIR EMPLOYEES AND MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Guest Board Member | Trustee | 2 | $0 |
Kathrinka Sloan Board Member | Trustee | 2 | $0 |
Tod Herbers Board Chair | Trustee | 2 | $0 |
Robert Stumberg Board Member | Trustee | 2 | $0 |
Robert Krughoff Board Member & Former Pres | OfficerTrustee | 2 | $147,727 |
Randall Swisher Treasurer | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Big Eye Direct Mailing | 12/30/22 | $626,324 |
Streamworks Mailing | 12/30/22 | $759,902 |
Cms Mailing | 12/30/22 | $698,283 |
Ironwood Insights Group Llc Telephone Interviewing | 12/30/22 | $587,215 |
Reconmr Telephone Interviewing | 12/30/22 | $1,650,521 |
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 | $1,183,558 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,183,558 |
Total Program Service Revenue | $23,439,997 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $25,953 |
Net Gain/Loss on Asset Sales | $1,100 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $24,703,984 |
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. | $1,866,785 |
Compensation of current officers, directors, key employees. | $302,717 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,105,377 |
Pension plan accruals and contributions | $520,992 |
Other employee benefits | $1,196,890 |
Payroll taxes | $38,999 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,562 |
Fees for services: Accounting | $600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,022 |
Advertising and promotion | $31,881 |
Office expenses | $153,354 |
Information technology | $1,471,208 |
Royalties | $0 |
Occupancy | $448,245 |
Travel | $62,615 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $356,513 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $55,593 |
Insurance | $78,067 |
All other expenses | $857,046 |
Total functional expenses | $24,860,169 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,893,749 |
Savings and temporary cash investments | $3,416,598 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,107,232 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $46,726 |
Prepaid expenses and deferred charges | $110,178 |
Net Land, buildings, and equipment | $114,177 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,303,714 |
Total assets | $16,992,374 |
Accounts payable and accrued expenses | $1,884,959 |
Grants payable | $0 |
Deferred revenue | $2,322,246 |
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 | $1,541,598 |
Total liabilities | $5,748,803 |
Net assets without donor restrictions | $11,243,571 |
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 | $16,992,374 |