Employment Policies Institute Foundation Dba Employment Policies Institute

Nonprofit profile at a glance

EIN
521902264
IRS 990 coverage
2015–2025
Forms available
Form 990 2025
Location
Arlington, VA, USA
Phone
2024637650
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Labor Studies

Reported finances

Revenue
$722,742
Expenses
$764,065
Assets
$721,673
Liabilities
$53,635

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Michael Saltsman (President)

Highest reported compensation

  • Gerald Francis (Sec/Treasurer): $500 total reported compensation
  • John Berglund (Director): $500 total reported compensation
  • Shannon Foust (Director): $500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Employment policies institute foundation's mission is to educate policymakers and the general public with respect to the economic and social effects of employment, financial, and government spending policies, and to conduct research with respect to employment, financial, and goverment spending policies and disseminate the results of such research.

What it reported doing in 2025

Continued to maintain epionline.org, minimumwage.com, tippedwage.com. And facesof15.com websites. Released economic impact studies or commentary on the consequences of employer mandates. Provided information about the economic consequences of employer mandates to the media and policymakers in selected states and localities. Promoted epif research and messages by producing advertisements for placements in various media outlets

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 32
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.2%; rating input score 93
  • Program expense ratio: 88%; rating input score 88
  • Fundraising efficiency: $21.41 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -5.7%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -12.8% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -10.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -9.4% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 93.2% of revenue deployed · 88% of spending went to programs
  • Governance: 8 of 8 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $672K in reported program spending
  • Leadership: top reported pay $500 · 8 people listed
  • Highest-paid contractors: 1 contractor listed · $680K reported
  • Consistency: 21 of 21 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 10 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.