Senate of the Economy Inc
Nonprofit profile at a glance
- EIN
- 814273355
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- Encino, CA, USA
- Phone
- 8182312930
- Rating confidence
- Limited
- Sector
- Urban, Community Economic Development
Reported finances
- Revenue
- $10,239
- Expenses
- $155
- Assets
- $15,784
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Michael Rolland (President)
People named in this filing
- Michael Rolland (President)
- John Gosch (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The senate of the economy is a forum of high level business leaders, policy makers and academics striving for social responsibility to create a genuine impact on business and society, with a positive contribution on bottom-line results. The senate revives the traditional idea of the senate in classical times.a well balanced circle of friends with independent minds striving for public wellbeing, rather than merely personal interests.the ethical principles of the senate should be a foundation and a guideline for the economic activity of the members of the senate. Equity and partnership in commercial life, societal skills of enterprises and leaders shape the work of the senate.
What it reported doing in 2024
The Senate was inactive.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 83
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 98.5%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 101.83; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -7.6% per year; rating input score 0; 28th percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- 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.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.