New Jersey · Nonprofit
ECONOMIC FUNDAMENTALS INITIATIVE INC
ECONOMIC FUNDAMENTALS INITIATIVE INC (New Jersey) receives grants from 4 organizations whose IRS filings report $7,108,175 to it, the largest being Donors Trust Inc ($5,650,000). 2 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $1.3M
- Funders on record
- 4
- Grants received
- $7.1M
- Net assets
- $2.3M
What Economic Fundamentals Initiative Inc does
Mission
Translation, publication and promotion of economics textbook(s) for central and eastern europe and the countries of the former soviet union.
As stated on its FY2024 Form 990.
Program
EFI develops and delivers economic education programs that expand access to economic learning , identify talented students and create pathways for educational and professional opportunity. Activities include teacher training, educational resources, the Economics Olympiad, student engagement initiatives and international partnerships designed to strengthen economics education and support long-term community development across the countries EFI serves.
$1,296,842 spentof which $554,221 as grants100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $1,296,842.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $851k to $1.5M (+74%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2023 1% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.
88% of ECONOMIC FUNDAMENTALS INITIATIVE INC’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kesiah Nuttall-Crola
CEO
Board chair
Joe DiFiglia
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $1.3M → $1.1M.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 81% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of ECONOMIC FUNDAMENTALS INITIATIVE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ECONOMIC FUNDAMENTALS INITIATIVE INC leans on a few funders — its largest provides 79% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ECONOMIC FUNDAMENTALS INITIATIVE INC.
Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2022 99% · 2023 99% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
81% of ECONOMIC FUNDAMENTALS INITIATIVE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.4M that is directly attributable, 100% of it comes from funders outside New Jersey, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $5.8M arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ECONOMIC FUNDAMENTALS INITIATIVE INC holds deeper cash reserves than three-quarters of the 5,127 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024
Organizations like ECONOMIC FUNDAMENTALS INITIATIVE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for ECONOMIC FUNDAMENTALS INITIATIVE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ECONOMIC FUNDAMENTALS INITIATIVE INC?
- ECONOMIC FUNDAMENTALS INITIATIVE INC (New Jersey) receives grants from 4 organizations whose IRS filings report $7,108,175 to it, the largest being Donors Trust Inc ($5,650,000). 2 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does ECONOMIC FUNDAMENTALS INITIATIVE INC have?
- IRS filings report 4 organizations giving $7,108,175 in grants to ECONOMIC FUNDAMENTALS INITIATIVE INC, 2 of which have funded it in more than one year.
- Who is the largest funder of ECONOMIC FUNDAMENTALS INITIATIVE INC?
- Donors Trust Inc is the largest funder on record, with $5,650,000 in grants. The full list of funders is on this page.
- How can an organization like ECONOMIC FUNDAMENTALS INITIATIVE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Economic Fundamentals Initiative →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing