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Center For Financial Stability Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Science and Technology Research Institutes, Services / Research Institutes and/or Public Policy Analysis (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.19M (2023)

20132023 $0$200k$400k$600k$800k$1M$1.2M

Expenses
$214k (2023)

20132023 $0$200k$400k$600k

Total Assets
$1.1M (2023)

20132023 $0$200k$400k$600k$800k$1M$1.2M

Total Liabilities
$737 (2023)

20132023 $0$5k$10k$15k$20k
Source: Form 990 tax filings from 2013 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,191,826
Expenses
$214,016
Net Income
$977,810
Net Assets
$1,103,971
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,191,801
100.0%
Program Services $0
Investment Income $25
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $70,000
32.7%
Professional Fundraising Fees $0
Other Salaries and Wages $45,500
21.3%
Assets/Debt
Total Assets $1,104,708
Total Liabilities $737
Net Assets $1,103,971
Compensation
Key Employees and Officers Compensation Related Other
Lawrence Goodman (President/Treasurer/Trustee) $70,000 $0 $0
Peter N Flocos (Secretary/Trustee) $0 $0 $0
Randal K Quarles (Chair Advisory Board/Trustee) $0 $0 $0
William R Rhodes (Advisory Board Member) $0 $0 $0
Eduardo Aninat (Advisory Board Member) $0 $0 $0
Sheila Bair (Advisory Board Member) $0 $0 $0
William W Bradley (Advisory Board Member) $0 $0 $0
Joyce Chang (Advisory Board Member) $0 $0 $0
M Shafik Gabr (Advisory Board Member) $0 $0 $0
Charles Goodhart (Advisory Board Member) $0 $0 $0
Henry Kaufman (Advisory Board Member) $0 $0 $0
Barbara G Novick (Advisory Board Member) $0 $0 $0
Guillermo Ortiz (Advisory Board Member) $0 $0 $0
Richard L Sandor (Advisory Board Member) $0 $0 $0
Myron Scholes (Advisory Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$166,169
Expenses
$206,007
Net Income
-$39,838
Net Assets
$126,161
Notable Sources of Revenue Percent of Total Revenue
Contributions $166,132
100.0%
Program Services $0
Investment Income $37
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
29.1%
Professional Fundraising Fees $0
Other Salaries and Wages $43,000
20.9%
Assets/Debt
Total Assets $126,581
Total Liabilities $420
Net Assets $126,161
Compensation
Key Employees and Officers Compensation Related Other
Lawrence Goodman (Presisent/Treasurer/Truste) $60,000 $0 $0
Peter N Flocos (Secretary/Trustee) $0 $0 $0
William R Rhodes (Advisory Board Member) $0 $0 $0
Eduardo Aninat (Advisory Board Member) $0 $0 $0
Sheila Bair (Advisory Board Member) $0 $0 $0
William W Bradley (Advisory Board Member) $0 $0 $0
Joyce Chang (Advisory Board Member) $0 $0 $0
M Shafik Gabr (Advisory Board Member) $0 $0 $0
Charles Goodhart (Advisory Board Member) $0 $0 $0
Henry Kaufman (Advisory Board Member) $0 $0 $0
Barbara G Novak (Advisory Board Member) $0 $0 $0
Guillermo Ortiz (Advisory Board Member) $0 $0 $0
Richard L Sandor (Advisory Board Member) $0 $0 $0
Myron Scholes (Advisory Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$237,968
Expenses
$234,244
Net Income
$3,724
Net Assets
$165,999
Notable Sources of Revenue Percent of Total Revenue
Contributions $237,948
100.0%
Program Services $0
Investment Income $20
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $78,000
33.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $170,879
Total Liabilities $4,880
Net Assets $165,999
Compensation
Key Employees and Officers Compensation Related Other
Lawrence Goodman (Presisent/Treasurer/Trustee) $78,000 $0 $0
Peter N Flocos (Secretary/Trustee) $0 $0 $0
William R Rhodes (Advisory Board Member) $0 $0 $0
Eduardo Aninat (Advisory Board Member) $0 $0 $0
Sheila Bahr (Advisory Board Member) $0 $0 $0
William W Bradley (Advisory Board Member) $0 $0 $0
Joyce Chang (Advisory Board Member) $0 $0 $0
M Shafik Gabr (Advisory Board Member) $0 $0 $0
Charles Goodhart (Advisory Board Member) $0 $0 $0
Henry Kaufman (Advisory Board Member) $0 $0 $0
Barbara G Novak (Advisory Board Member) $0 $0 $0
Guillermo Ortiz (Advisory Board Member) $0 $0 $0
Richard L Sandor (Advisory Board Member) $0 $0 $0
Myron Scholes (Advisory Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$341,212
Expenses
$319,083
Net Income
$22,129
Net Assets
$162,275
Notable Sources of Revenue Percent of Total Revenue
Contributions $341,120
100.0%
Program Services $0
Investment Income $92
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $75,000
23.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $178,513
Total Liabilities $16,238
Net Assets $162,275
Compensation
Key Employees and Officers Compensation Related Other
Lawrence Goodman (President/Treasurer/Trustee) $0 $0 $0
Peter N Flocos (Secretary/Trustee) $0 $0 $0
Carole L Brookins (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$183,051
Expenses
$239,618
Net Income
-$56,567
Net Assets
$140,146
Notable Sources of Revenue Percent of Total Revenue
Contributions $183,002
100.0%
Program Services $0
Investment Income $49
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $152,292
Total Liabilities $12,146
Net Assets $140,146
Compensation
Key Employees and Officers Compensation Related Other
Carole L Brookins (Trustee) $0 $0 $0
Peter N Flocos (Secretary/Trustee) $0 $0 $0
Lawrence Goodman (President/Treasurer/Truste) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$135,537
Expenses
$184,312
Net Income
-$48,775
Net Assets
$198,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $129,472
95.5%
Investment Income $55
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,010
4.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $91,659
49.7%
Assets/Debt
Total Assets $201,174
Total Liabilities $2,812
Net Assets $198,362
Compensation
Key Employees and Officers Compensation Related Other
Carole L Brookins (Advisory Board Member/Trustee) $0 $0 $0
Peter N Flocos (Secretary/Trustee) $0 $0 $0
Lawrence Goodman (President/Treasurer/Trustee) $0 $0 $0
Eduardo Aninat (Advisory Board Member) $0 $0 $0
William W Bradley (Advisory Board Member) $0 $0 $0
Charles Goodhart (Advisory Board Member) $0 $0 $0
Henry Kaufman (Advisory Board Member) $0 $0 $0
Guillermo Ortiz (Advisory Board Member) $0 $0 $0
Richard A Posner (Advisory Board Member) $0 $0 $0
Richard L Sandor (Advisory Board Member) $0 $0 $0
Myron S Scholes (Advisory Board Member) $0 $0 $0
Barbara G Novick (Advisory Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$477,164
Expenses
$443,574
Net Income
$33,590
Net Assets
$247,137
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $477,119
100.0%
Investment Income $45
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $202,000
45.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $250,170
Total Liabilities $3,033
Net Assets $247,137
Compensation
Key Employees and Officers Compensation Related Other
Lawrence Goodman (President/Treasurer) $90,000 $0 $0
Carole L Brookins (Trustee) $0 $0 $0
Peter N Flocos (Secretary) $0 $0 $0
Eduardo Aninat (Advisory Board Member) $0 $0 $0
William W Bradley (Advisory Board Member) $0 $0 $0
Charles Goodhart (Advisory Board Member) $0 $0 $0
Henry Kaufman (Advisory Board Member) $0 $0 $0
Guillermo Ortiz (Advisory Board Member) $0 $0 $0
Richard A Posner (Advisory Board Member) $0 $0 $0
Richard L Sandor (Advisory Board Member) $0 $0 $0
Myron S Scholes (Advisory Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$380,044
Expenses
$434,810
Net Income
-$54,766
Net Assets
$214,339
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $379,980
100.0%
Investment Income $64
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $199,700
45.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $214,339
Total Liabilities $0
Net Assets $214,339
Compensation
Key Employees and Officers Compensation Related Other
Lawrence Goodman (President/Trustee) $199,700 $0 $0
Eduardo Aninat (Advisory Board Member) $0 $0 $0
William W Bradley (Advisory Board Member) $0 $0 $0
Carole L Brookins (Advisory Board Member/Trus) $0 $0 $0
Peter N Flocos (Trustee) $0 $0 $0
Charles Goodhart (Advisory Board Member) $0 $0 $0
Henry Kaufman (Advisory Board Member) $0 $0 $0
Guillermo Ortiz (Advisory Board Member) $0 $0 $0
Richard A Posner (Advisory Board Member) $0 $0 $0
Randal K Quarles (Advisory Board Member/Trus) $0 $0 $0
Richard L Sandor (Advisory Board Member) $0 $0 $0
Myron S Scholes (Advisory Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$614,961
Expenses
$584,868
Net Income
$30,093
Net Assets
$268,313
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $614,906
100.0%
Investment Income $55
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $157,000
26.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $269,656
Total Liabilities $1,343
Net Assets $268,313
Compensation
Key Employees and Officers Compensation Related Other
Lawrence Goodman (President/Trustee) $157,000 $0 $0
Eduardo Aninat (Advisory Board Member) $0 $0 $0
William W Bradley (Advisory Board Member) $0 $0 $0
Carole L Brookins (Advisory Board Member/Trus) $0 $0 $0
Peter N Flocos (Trustee) $0 $0 $0
Charles Goodhart (Advisory Board Member) $0 $0 $0
Henry Kaufman (Advisory Board Member) $0 $0 $0
Guillermo Ortiz (Advisory Board Member) $0 $0 $0
Richard A Posner (Advisory Board Member) $0 $0 $0
Randal K Quarles (Advisory Board Member/Trus) $0 $0 $0
Richard L Sandor (Advisory Board Member) $0 $0 $0
Myron S Scholes (Advisory Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$523,659
Expenses
$403,119
Net Income
$120,540
Net Assets
$238,220
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $523,575
100.0%
Investment Income $84
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $121,000
30.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $239,314
Total Liabilities $1,094
Net Assets $238,220
Compensation
Key Employees and Officers Compensation Related Other
Lawrence Goodman (President/Trustee) $121,000 $0 $0
Eduardo Aninat (Advisory Board Member) $0 $0 $0
William W Bradley (Advisory Board Member) $0 $0 $0
Carole L Brookins (Advisory Board Member/Trus) $0 $0 $0
Peter N Flocos (Trustee) $0 $0 $0
Charles Goodhart (Advisory Board Member) $0 $0 $0
Henry Kaufman (Advisory Board Member) $0 $0 $0
Guillermo Ortiz (Advisory Board Member) $0 $0 $0
Richard A Posner (Advisory Board Member) $0 $0 $0
Randal K Quarles (Advisory Board Member/Trus) $0 $0 $0
Richard L Sandor (Advisory Board Member) $0 $0 $0
Myron S Scholes (Advisory Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$290,402
Expenses
$223,466
Net Income
$66,936
Net Assets
$117,680
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $290,350
100.0%
Investment Income $52
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $75,000
33.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $118,647
Total Liabilities $967
Net Assets $117,680

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2012

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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