Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.14x
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
70th percentile
Faster revenue growth than 70% of similar nonprofits.
Balance Sheet
Assets
Up$18,914
Up $6,860 (+57%) from 2020
Net Assets
$16,284
No earlier filing loaded for comparison.
Liabilities
Up$2,630
Up $1,773 (+207%) from 2020
Revenue And Expenses
Revenue
Up$21,300
Up $5,697 (+37%) from 2020
Expenses
Up$16,213
Up $13,552 (+509%) from 2020
Net Income
Down$5,087
Down $7,855 (-61%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Sep 12, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $21,300
Mission and Program Overview
Mission
The corporation is organized and shall be operated exclusively for charitable and educational purposes including, but not limited to, non-partisan research and the study of public policy through research papers, editorials, and policy briefings for the benefit of policy makers, media, and the general public within the meaning of i.r.c501(c)(3). As amended, or any successor provision.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| EDUCATION THROUGH LECTURES, PRINTED MEDIA AND BOOKS ABOUT THE SHADOW ECONOMY. | - | $16,213 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID LAKE | Director | - | $0 | - | - |
| KIMBERLY LAKE | Director | - | $0 | - | - |
| PETER MODAFFERI | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Center on Shadow Economics Inc
- EIN
- 84-2043780
- Address
- 2040 S ALMA SCHOOL ROAD, CHANDLER, AZ 85286
Signing Officer
- Name
- Kimberly Lake
- Title
- Director
- Phone
- 6024921794
- Signed
- 2022-09-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Forward Focus Accounting Services LLC
- Address
- 3518 RIVERSIDE DR, UPPER ARLINGTON, OH 43221-6805
- Preparer
- Cheri Hughes
- Phone
- 6142090251
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses 1,189 information technology 1,249 office expenses 8,949 bank fees 115 dues 25 travel 4,686 total 16,213”
Form 990-ez, Part II, Line 26
“Unsecured notes and loans payable 857 2,630”
Form 990-ez, Part III
“The corporation is organized and shall be operated exclusively for charitable and educational purposes including, but not limited to, non-partisan research and the study of public policy through research papers, editorials, and policy briefings for the benefit of policy makers, media, and the general public within the meaning of i.r.c501(c)(3). As amended, or any successor provision.”
Raw XML Appendix127 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KIMBERLY LAKE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6024921794 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2040 S ALMA SCHOOL ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | SUITE 1-237 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | S ALMA SCHOOL ROA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 85286 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 12054 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 18914 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 5087 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 12054 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 18914 |
| IRS990EZ/GrossReceiptsAmt | 0 | 21300 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 21300 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 11197 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 16284 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 11197 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 16284 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DAVID LAKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KIMBERLY LAKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PETER MODAFFERI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 16213 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING, BUT NOT LIMITED TO, NON-PARTISAN RESEARCH AND THE STUDY OF PUBLIC POLICY THROUGH RESEARCH PAPERS, EDITORIALS, AND POLICY BRIEFINGS FOR THE BENEFIT OF POLICY MAKERS, MEDIA, AND THE GENERAL PUBLIC WITHIN THE MEANING OF I.R.C501(C)(3). AS AMENDED, OR ANY SUCCESSOR PROVISION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | EDUCATION THROUGH LECTURES, PRINTED MEDIA AND BOOKS ABOUT THE SHADOW ECONOMY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 16213 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 857 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2630 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 16213 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 16213 |
| IRS990EZ/TotalRevenueAmt | 0 | 21300 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 10000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 20000 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 21300 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 5603 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 724 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 27627 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 47627 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 21300 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 15603 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10724 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 47627 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 21300 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 15603 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 10724 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 47627 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES 1,189 INFORMATION TECHNOLOGY 1,249 OFFICE EXPENSES 8,949 BANK FEES 115 DUES 25 TRAVEL 4,686 TOTAL 16,213 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | UNSECURED NOTES AND LOANS PAYABLE 857 2,630 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING, BUT NOT LIMITED TO, NON-PARTISAN RESEARCH AND THE STUDY OF PUBLIC POLICY THROUGH RESEARCH PAPERS, EDITORIALS, AND POLICY BRIEFINGS FOR THE BENEFIT OF POLICY MAKERS, MEDIA, AND THE GENERAL PUBLIC WITHIN THE MEANING OF I.R.C501(C)(3). AS AMENDED, OR ANY SUCCESSOR PROVISION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KIMBERLY LAKE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6024921794 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-09-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CENTER ON SHADOW ECONOMICS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CENT |
| ReturnHeader/Filer/EIN | 0 | 842043780 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2040 S ALMA SCHOOL ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHANDLER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 85286 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 821839554 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FORWARD FOCUS ACCOUNTING SERVICES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3518 RIVERSIDE DR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | UPPER ARLINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 432216805 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6142090251 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-09-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHERI HUGHES |
| ReturnHeader/ReturnTs | 0 | 2022-09-11T18:15:05-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | KIMBERLY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LAKE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $18,914
- Liabilities
- $2,630
- Net assets
- $16,284
- Revenue
- $21,300
- Expenses
- $16,213
- Net income
- $5,087