Civic Intelligence

Association for Evolutionary Economics

EIN 47-0635527 • 501(c)3 • Salisbury, NC

Profile

The primary purpose of the organization is to foster the evolution of economic thought and study and to promote the development and use of a broader, more holistic framework for analysis of the economy.

2300 W Innes StSalisbury, NC 28144

www.afee.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.01x

Higher debt load relative to revenue than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

23rd percentile

-9.4%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

64th percentile

9.3%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-9.3%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,643,565

Up $139,635 (+9.3%) from 2023

Liabilities

Down

$1,049

Down $202 (-16%) from 2023

Net Assets

Up

$1,642,516

Up $139,837 (+9.3%) from 2023

Revenue

Down

$182,798

Down $18,841 (-9.3%) from 2023

Expenses

Down

$200,021

Down $17,945 (-8.2%) from 2023

Net Income

Down

-$17,223

Down $896 (-5.5%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $684,306Liabilities 2011: $444Net Assets 2011: $683,8622011Assets 2012: $768,468Liabilities 2012: $370Net Assets 2012: $768,0982012Assets 2013: $867,630Liabilities 2013: $3,404Net Assets 2013: $864,2262013Assets 2014: $952,682Liabilities 2014: $439Net Assets 2014: $952,2432014Assets 2015: $951,354Liabilities 2015: $921Net Assets 2015: $950,4332015Assets 2016: $984,960Liabilities 2016: $489Net Assets 2016: $984,4712016Assets 2017: $1,139,492Liabilities 2017: $1,347Net Assets 2017: $1,138,1452017Assets 2018: $1,104,148Liabilities 2018: $1,471Net Assets 2018: $1,102,6772018Assets 2019: $1,239,054Liabilities 2019: $1,389Net Assets 2019: $1,237,6652019Assets 2020: $1,440,512Liabilities 2020: $212Net Assets 2020: $1,440,3002020Assets 2021: $1,657,799Liabilities 2021: $308Net Assets 2021: $1,657,4912021Assets 2022: $1,380,967Liabilities 2022: $3,278Net Assets 2022: $1,377,6892022Assets 2023: $1,503,930Liabilities 2023: $1,251Net Assets 2023: $1,502,6792023Assets 2024: $1,643,565Liabilities 2024: $1,049Net Assets 2024: $1,642,5162024

Highlighted filing

2024

Assets$1,643,565
Liabilities$1,049
Net Assets$1,642,516

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $93,678Expenses 2011: $84,472Net Income 2011: $9,2062011Expenses 2012: $113,9832012Revenue 2013: $106,731Expenses 2013: $99,662Net Income 2013: $7,0692013Revenue 2014: $148,175Expenses 2014: $88,838Net Income 2014: $59,3372014Revenue 2015: $127,657Expenses 2015: $100,984Net Income 2015: $26,6732015Revenue 2016: $123,043Expenses 2016: $128,823Net Income 2016: -$5,7802016Revenue 2017: $138,612Expenses 2017: $131,261Net Income 2017: $7,3512017Revenue 2018: $139,473Expenses 2018: $108,047Net Income 2018: $31,4262018Revenue 2019: $170,144Expenses 2019: $133,292Net Income 2019: $36,8522019Revenue 2020: $134,726Expenses 2020: $85,260Net Income 2020: $49,4662020Revenue 2021: $151,735Expenses 2021: $93,989Net Income 2021: $57,7462021Revenue 2022: $134,297Expenses 2022: $113,797Net Income 2022: $20,5002022Revenue 2023: $201,639Expenses 2023: $217,966Net Income 2023: -$16,3272023Revenue 2024: $182,798Expenses 2024: $200,021Net Income 2024: -$17,2232024

Highlighted filing

2024

Revenue$182,798
Expenses$200,021
Net Income-$17,223

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.00$1.64$0.18$0.20$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.00$1.50$0.20$0.22$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.00$1.38$0.13$0.11$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.00$1.66$0.15$0.09$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.00$1.44$0.13$0.09$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.17$0.13$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.00$1.10$0.14$0.11$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$0.14$0.13$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.00$0.98$0.12$0.13$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.13$0.10$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.15$0.09$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.86$0.11$0.10$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$0.11
2011Summary only. Only limited summary data is available for this year.$0.68$0.00$0.68$0.09$0.08$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.0
Gross Receipts
$182,798
Mission and Program Overview

Mission

The primary purpose of the organization is to foster the evolution of economic thought and study and to promote the development and use of a broader, more holistic framework for analysis of the economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,458,452$1,619,244▲ $160,792
Cash and Non-Interest-Bearing Accounts$45,478$24,321▼ $21,157
Total Assets$1,503,930$1,643,565▲ $139,635
Liabilities
Other Liabilities$1,251$1,049▼ $202
Total Liabilities$1,251$1,049▼ $202
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,501,257$1,641,094▲ $139,837
Net Assets With Donor Restrictions$1,422$1,422→ $0
Total Net Assets Fund Balance$1,502,679$1,642,516▲ $139,837
Total Liabilities and Net Assets / Fund Balance$1,503,930$1,643,565▲ $139,635

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$5,679$5,679
Buildings-$5,678$5,678
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wilfred DolfsmaPresident
Stephen PaschallPresident El
Barbara HopkinsBoard Member
Ellen MutariBoard Member
Karol Gil-vasquezBoard Member
Susan SchroederBoard Member
Valerie KepnerBoard Member
Yan LiangBoard Member
Danielle GuizzoIntl Directo
Alexandra BernasekPast Preside
Eric HakeSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$11,355
Program Service Revenue
$114,330
Investment Income
$57,113
Other Revenue
$0
All Other Contributions
$1,000
Change in Net Assets
$-17,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,527
Salaries, Compensation, and Employee Benefits$46,361
Grants and Similar Amounts Paid$1,133
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$64,763--$64,763
Fees for Services Other$53,861--$53,861
Other Salaries and Wages-$43,158-$43,158
Fees for Services Accounting-$5,250-$5,250
Other Expenses$3,750--$3,750
Payroll Taxes-$3,203-$3,203
All Other Expenses$276$2,488-$2,764
Office Expenses-$2,093-$2,093
Grants to Domestic Orgs$1,133--$1,133
Insurance-$642-$642
Total Functional Expenses$143,187$56,834$0$200,021
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PAYROLL TAXES WITHHELD: FICA & MEDIC$459
PAYROLL TAXES WITHHELD: NC INCOME TA$335
PAYROLL TAXES WITHHELD: FEDERAL INCO$255
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Secretary/treasurer reviews before filing

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Association for Evolutionary
EIN
47-0635527
Phone
7046374293
Address
2300 W INNES ST, SALISBURY, NC 28144

Signing Officer

Name
Eric Hake
Title
Secretary/treasurer
Phone
7047629710
Signed
2025-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alexandra Bernasek
Formed
1981
Legal Domicile
Ne
Voting Board Members
11
Independent Board Members
11
Employees
2

Preparer

Firm
Sherrill & Smith Cpas Pa
Address
PO BOX 1327, SALISBURY, NC 28145-1327
Preparer
R W Musselwhite
Phone
7046365211
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Editor's fund 161 0 0 outreach: reimbursement 655 0 0 jei: contract labor 53,045 0 0 total 53,861 0 0

Raw XML Appendix387 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R W MUSSELWHITE
ReturnHeader/ReturnTs02025-05-15T16:45:59-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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