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Nonprofiteer
← ECONOMIC AFFAIRS BUREAU INC

Form 990 for tax year 2022

Filed by ECONOMIC AFFAIRS BUREAU INC.

Totals

Total revenue
$169,605
Total expenses
$190,227
Contributions and grants received
$102,467
Grants paid
$0
Program service revenue
$18,928
Investment income
$1
Other revenue
$48,209
Total assets, end of year
$2,989
Total liabilities, end of year
$53,497
Net assets or fund balances, end of year
-$50,508
Program services expenses (Part IX)
$150,219
Management and general expenses
$36,826
Fundraising expenses
$3,182
Program service expenses (Part III)
$150,219

Program services were 79.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $16,053

  • 1f · All other contributions, gifts and grants

    $86,414

  • 2a · Program service revenue: MAGAZINE SUBSCRIPTIONS

    total $18,928 · related or exempt $18,928

  • 3 · Investment income

    total $1 · related or exempt $1

  • 10a · Gross sales of inventory

    $95,083

  • 10b · Cost of goods sold

    $52,949

  • 10c · Net income from sales of inventory

    total $42,134 · related or exempt $42,134

  • 11a · Other revenue: MISC

    total $5,675 · related or exempt $5,675

  • 11b · Other revenue: ADVERTISING

    total $400 · related or exempt $400

  • 11e · Other revenue, total

    $6,075

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $124,132 · program services $124,132

  • 9 · Other employee benefits

    total $15,353 · program services $15,353

  • 10 · Payroll taxes

    total $10,734 · program services $10,734

  • 11c · Fees: accounting

    total $8,585 · management and general $8,585

  • 13 · Office expenses

    total $7,917 · management and general $7,917

  • 17 · Travel

    total $327 · management and general $327

  • 24a · Other expenses: BANK FEES

    total $163 · management and general $163

  • 24b · Other expenses: PRINTING

    total $3,182 · fundraising $3,182

  • 24c · Other expenses: POSTAGE AND DELIVERY

    total $17,562 · management and general $17,562

  • 24d · Other expenses: QUICKBOOKS PAYMENTS FEES

    total $2,272 · management and general $2,272

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $28,074 · end of year $1,436

  • 4 · Accounts receivable

    beginning of year $4,343 · end of year $385

  • 8 · Inventories for sale or use

    beginning of year $2,080 · end of year $1,168

  • 10a · Land, buildings and equipment: cost or other basis

    $5,900

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,900

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,896 · end of year $36,785

  • 23 · Secured mortgages and notes payable

    beginning of year $9,000 · end of year $7,500

  • 25 · Other liabilities

    beginning of year $33,487 · end of year $9,212

  • 27 · Net assets without donor restrictions

    beginning of year -$29,886 · end of year -$50,508

Mission and programs · 2022

Mission

ECONOMICS AFFAIRS BUREAU, INC IS A NONPROFIT, COLLECTIVE RUN ORGANIZATIONS THAT PUBLISHES DOLLARS AND SENSE MAGAZINE, ECONOMIC BOOKS, INCLUDING REAL WORLD SERIES OF TEXTBOOKS AND ANTHOLOGIES. ALSO RUNS A WEBSITE.

  • PUBLICATION OF MAGAZINES AND BOOKS THAT EXPLAIN THE WORKING OF THE US AND INTERNATIONAL ECONOMIES AND PROVIDES PERSPECTIVE ON CURRENT ECONOMIC AFFAIRS

    Expenses $150,219 · Revenue $61,062

As filed on the 2022 return.

Listed in Part VII

  • Elizabeth Henderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Polly Cleveland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Steven Pressman

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • John Miller

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Christopher Sturr

    CLERK

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
10 May 2023
IRS schema version
2022v5.0
Source object
202332159349300003

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