Atlas Economic Research Foundation
- Assets
- $16.8m
- Revenue
- $19.4m
- Investments
- $0.0
- Employees
- 47
- Location
- Arlington, VA
- Founding
- 12/1981
- Data as of
- 12/2022
- EIN
- 94-2763845
Organization Overview
Atlas Economic Research Foundation, operating under the name Atlas Network, is located in Arlington, VA. The organization was established in 1981. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. As of 12/2022, Atlas Network employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlas Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Atlas Network generated $19.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $20.9m during the year ending 12/2022. While expenses have increased by 8.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Atlas Network has awarded 285 individual grants totaling $9,918,016. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ATLAS NETWORK INCREASES GLOBAL PROSPERITY BY STRENGTHENING A NETWORK OF INDEPENDENT PARTNER ORGANIZATIONS THAT PROMOTE INDIVIDUAL FREEDOM AND ARE COMMITTED TO IDENTIFYING AND REMOVING BARRIERS TO HUMAN FLOURISHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPETE - ATLAS NETWORK OFFERS GRANT AND PRIZE COMPETITIONS THAT FUEL OUR PARTNERS' EFFORTS TO DEVELOP, INNOVATE, AND SUCCEED.
CELEBRATE - ATLAS NETWORK FOSTERS CAMARADERIE AND STOKES AMBITIONS AMONG OUR PARTNERS BY CELEBRATING THEIR GREATEST ACCOMPLISHMENTS THROUGH EVENTS AND MEDIA OUTREACH.
INNOVATION LABS - ATLAS NETWORK IS CONSTANTLY INNOVATING IN DIFFERENT AREAS AND LOOKING FOR WAYS TO REACH OUT TO OUR PARTNERS AND DONORS BY DEVELOPING REGIONAL CENTERS, COHORTS, EVENTS, GRANTS, AND POLICY RESEARCH. WE EXPLORE AND IDENTIFY NEW AREAS FOR OUR PARTNER'S WORK.
COACH - ATLAS NETWORK PROVIDES WORLD-CLASS SEMINARS, WORKSHOPS, MENTORING, AND OTHER LEARNING OPPORTUNITIES THAT INSPIRE PROFESSIONALISM AND BUILD COMMUNITY AMONG OUR INDEPENDENT PARTNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradley A Lips CEO | Officer | 40 | $390,828 |
Chad Goote Chief Development Officer | Officer | 40 | $358,616 |
Thomas G Palmer Executive VP | Officer | 40 | $310,052 |
Matt C Warner President | Officer | 40 | $309,760 |
Lyall J Swim Chief Innovation Officer | Officer | 40 | $225,540 |
Patty Hohlbein VP Of Atlas Network Academy | 40 | $148,684 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Axel Kayser Senior Fellow | 12/30/22 | $120,000 |
Roberto Salinas Cla Director | 12/30/22 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,127,386 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,127,386 |
| Total Program Service Revenue | $234,344 |
| Investment income | $73,972 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,446,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,448,343 |
| Grants and other assistance to domestic individuals. | $3,666 |
| Grants and other assistance to Foreign Orgs/Individuals | $6,382,308 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,778,449 |
| Compensation of current officers, directors, key employees. | $235,289 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,570,009 |
| Pension plan accruals and contributions | $63,810 |
| Other employee benefits | $299,527 |
| Payroll taxes | $265,122 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $56,476 |
| Fees for services: Accounting | $118,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $951,166 |
| Advertising and promotion | $383,918 |
| Office expenses | $497,447 |
| Information technology | $488,184 |
| Royalties | $0 |
| Occupancy | $279,551 |
| Travel | $917,085 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,075,998 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $161,857 |
| Insurance | $30,102 |
| All other expenses | $0 |
| Total functional expenses | $20,862,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,287,612 |
| Savings and temporary cash investments | $6,287,911 |
| Pledges and grants receivable | $4,496,145 |
| Accounts receivable, net | $14,856 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $103,792 |
| Net Land, buildings, and equipment | $480,538 |
| Investments—publicly traded securities | $5,852 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $251,091 |
| Other assets | $1,892,765 |
| Total assets | $16,820,562 |
| Accounts payable and accrued expenses | $278,792 |
| Grants payable | $496,653 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,464,917 |
| Total liabilities | $3,240,362 |
| Net assets without donor restrictions | $3,493,065 |
| Net assets with donor restrictions | $10,087,135 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,820,562 |
Grants Awarded
Over the last fiscal year, Atlas Economic Research Foundation has awarded $2,434,093 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
Alexandria, VA PURPOSE: Economic Education | $804,812 |
Pittsburgh, PA PURPOSE: Economic Education | $405,465 |
Harrisburg, PA PURPOSE: Economic Education | $140,000 |
Carson City, NV PURPOSE: Economic Education | $91,017 |
Nashville, TN PURPOSE: Economic Education | $90,000 |
Los Angeles, CA PURPOSE: Economic Education | $64,049 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Atlas Economic Research Foundation has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
James Deering Danielson Foundation Chicago, IL PURPOSE: EDUCATIONAL | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mercatus Center Inc Arlington, VA | $43,899,623 | $50,106,510 |
Atlas Economic Research Foundation Arlington, VA | $16,820,562 | $19,446,645 |
Institute For Operations Research And The Management Sciences Catonsville, MD | $26,434,538 | $15,117,457 |
Economic Policy Institute Washington, DC | $19,510,723 | $16,459,436 |
Washington Center For Equitable Growth Inc Washington, DC | $11,979,868 | $8,578,592 |
The Economic Club Of Washington Dc Washington, DC | $12,647,182 | $5,525,813 |
Imagine North Carolina First Raleigh, NC | $1,746,999 | $4,219,239 |
Better Markets Inc Washington, DC | $2,865,112 | $2,225,155 |
Partnership For A New American Economy Research Fund Inc Washington, DC | $0 | $2,102,379 |
The Institute For Financial Markets Washington, DC | $6,341,875 | $527,039 |
Virginia Council On Economic Education Richmond, VA | $1,591,140 | $909,613 |
Maryland Center On Economic Policy Inc Baltimore, MD | $515,217 | $676,248 |