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ECONOMIC SECURITY PROJECT ACTION INC
NEW YORK, NY · EIN 832050594 · Form 990 · FY2024 · NTEE W05 · Public & Societal Benefit · Medium ($1M-$10M) · economicsecurity.us
revenue
$4.6M
expenses
$3.6M
net assets
$4.7M
employees
0
volunteers
6
program ratio
85%
mission · from form 990

ECONOMIC SECURITY PROJECT ACTION ADVOCATES FOR IDEAS THAT BUILD ECONOMIC POWER FOR ALL AMERICANS. WE AIM TO CHECK CORPORATE POWER, CAMPION GUARANTEED INCOME, AND ADVOCATE FOR CASH TAX CREDITS. TO ACHIEVE THIS, OUR TEAM DISBURSES GRANTS, RUNS ISSUE CAMPAIGNS, DEVELOPS CREATIVE INTERVENTIONS AND RESEARCH PRODUCTS, AND CONVENES THE FIELD TO ADVANCE OUR ISSUES AND TURN BOLD IDEAS INTO REALITY.

profile · synthesized from sources

Economic Security Project Action Inc advocates for economic power-building policies in the United States, focusing on reducing corporate concentration, advancing guaranteed income programs, and promoting cash-based tax credits. The organization runs issue campaigns, funds advocacy efforts, develops research, and convenes coalitions to turn policy ideas into reality. It operates at both state and federal levels, with active initiatives in California, Illinois, and national policy arenas.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $657K
    BUILD THE FIELD (BTF) SHAPING MARKETS - WE ADVANCE FAIR AND HEALTHY MARKETS BY CHAMPIONING COMPETITION AND PUBLIC OPTIONS TO BUILD ECONOMIC POWER BACK FOR FAMILIES.
  2. #2 $9K
    BUILD THE FIELD (BTF) CASH - WE DEVELOPED THE BLUEPRINT FOR A GUARANTEED INCOME, THE TEN-YEAR VISION TO WINNING A GUARANTEED INCOME, TO THE MEMBERS OF THE GUARANTEED INCOME COMMUNITY OF PRACTICE. THIS LED TO THE ESTABLISHMENT OF A CASH COALITION AND STRATEGIC POLICY GOALS FOR ACHIEVING A GUARANTEED INCOME. BUILDING ON OUR RESEARCH AROUND CASH, WE DEVELOPED A STRATEGY TO EDUCATE AND ENGAGE PERSUADABLE AUDIENCES AROUND CASH IDEAS.
named programs · 4 · from sources

What they call their work

California Antimonopoly Table
Network of organizations working to combat corporate concentration, especially in Big Tech and AI, to create a fairer economy that serves communities of color, small businesses, and working people
Claim Your Cash Pilot Program (CYCP)
Initiative in Los Angeles County to connect low-income families with tax credits including EITC, CalEITC, and YCTC through proactive government engagement and VITA partnerships
Guaranteed Income Community of Practice
National and state-level network convening advocates, practitioners, and researchers to advance guaranteed income policies, informed by pilot programs and research
Newborn Equity Support Transfer (NEST)
Proposed program in Illinois to provide direct cash support to expectant and new mothers on Medicaid, with $1,500 during the third trimester and $500 monthly for six months after birth to improve maternal and infant health outcomes
activities · 5 groups

What they do

  • Policy Advocacy & Research 2 activities
    • Conducting research to advance cash-based economic policies
      Develops foundational research and policy frameworks, including the Blueprint for a Guaranteed Income, and leads the Cash Coalition to define strategic goals and educate key audiences on guaranteed income and cash transfer programs.
    • Developing and promoting state-level policy agendas on affordability and taxation
      Produces and publishes policy agendas and briefs focused on economic affordability, including the California Affordability Policy Agenda and analyses of corporate tax policies. Proposes closing corporate tax loopholes and expanding tax credits to generate revenue and support working families.
  • Healthcare Policy Advocacy 1 activity
    • Advocating for healthcare affordability and protecting ACA tax credits
      Organizes public campaigns and Days of Action to oppose healthcare funding cuts and highlight the impacts of expiring ACA tax credits, including documenting coverage losses and premium increases affecting millions of Americans. Promotes accessible healthcare financing to prevent reduced spending on basic needs.
  • General Operating Support Grants 1 activity
    • Funding advocacy and research initiatives through grantmaking
      Disburses grants to support policy advocacy, research, and coalition-building efforts, including $477,279 in 2024 for the Shaping Markets program, $100,000 in 2023 for antimonopoly and noncompetes ban campaigns, and $5,000 in 2024 for the Build the Field Cash research program.
  • Direct Financial Assistance to Individuals 1 activity
    • Supporting direct cash transfer and tax credit access programs
      Provides operational and financial backing for direct cash transfer initiatives, including the first mayor-led guaranteed income pilot in Stockton, CA, and the “Claim Your Cash” Pilot Program in Los Angeles County, which connects thousands of eligible low-income families to tax credits.
  • Uncategorized 3 activities
    • Advocating for antitrust and market competition reforms
      Advances legislative and regulatory changes to restore market competition, including support for the COMPETE Act (AB 1776), advocating for bans on noncompetes, strengthening merger review, and prohibiting platform gatekeeping. Organized the first Antimonopoly & AI event in Washington, DC, and promotes state-level tools to regulate Big Tech.
    • Advocating for guaranteed income programs and policies
      Advocates at federal, state, and local levels for guaranteed income initiatives, including the expanded Child Tax Credit, the BOOST Act, LIFT the Middle Class Act, and state-level expansions of the Earned Income Tax Credit. Played a pivotal role in advancing guaranteed income pilots in Stockton, CA, Chicago, and Cook County, and supported over 130 pilots nationwide benefiting 40,000 people.
    • Building capacity for grassroots and grasstops advocacy
      Provides tactical guidance and infrastructure for grassroots organizing, including press conferences, call-in days, and social media campaigns. Supports coalition development, such as the California Antimonopoly Table, and amplifies worker testimonies and public advocacy through national events and media engagement.
financials · form 990 · fy2024
revenue
Total revenue$4.60M
Contributions & grants$4.39M95%
Program service revenue$00%
Investment income$209K5%
Other revenue$0
expenses
Total expenses$3.61M
Program expenses85%
Admin / overhead13%
Fundraising2%
Salaries & benefits$1.46M
Grants paid out$985K
Largest expense lineCompensation
balance sheet
Total assets$5.95M
Cash$1.66M
Investments$3.28M
Liabilities$1.26M
Net assets$4.69M
Liquid reserves16.4 mo
4 years on record · 2020–2024 · YoY revenue +85.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 7
NameTitleHours/wkCompensation
NATALIE FOSTER PRESIDENT 4 $322K
ADAM RUBEN VICE PRESIDENT CAMPAIGNS & POLITICAL STRATEGY 4 $298K
TAYLOR JO ISENBERG EXECUTIVE DIRECTOR 4 $274K
CHRISTINE BLITZ VP OF COMMUNICATIONS & EXTERNAL AFFAIRS 4 $236K
ANNA C AURILIO SENIOR DIRECTOR OF CAMPAIGNS 4 $235K
HARISH PATEL VICE PRESIDENT BUILD THE FIELD 4 $213K
TERESA OLLE DIRECTOR OF ECONOMIC SECURITY CA 4 $210K
board members · 6
  • AISHA NYANDORO — DIRECTOR
  • BEN CHIN — DIRECTOR
  • CHRISTOPHER HUGHES — CHAIR
  • DORIAN WARREN — SECRETARY
  • FELICIA WONG — TREASURER
  • SABEEL RAHMAN — DIRECTOR
relationships · 30

Who they work with

  • Biden Administration Partner — Collaborated with ESP to campaign for the expanded Child Tax Credit as part of the American Rescue Plan.
  • California Antimonopoly Table Coalition — Helped develop and is part of a cross-sector network advancing antimonopoly policy in California.
  • California State Legislature Government — Advocates for passage of AB 1776 (the COMPETE Act) through state legislative channels.
  • Community Organizing and Family Issues (COFI) Partner — Partner organization whose parent leaders participated alongside Economic Security Illinois Action in advocating for the NEST Program.
  • Economic Security Project Network — 501(c)(3) affiliate organization focused on building economic power for all Americans.
  • Economic Security Project Partner — 501(c)(3) affiliate organization working on building economic power for all Americans
  • Foundations Partner — Works with foundations to support cash coalition efforts and policy development.
  • Grassroots organizations Partner — Collaborates with grassroots organizations on direct cash transfer initiatives and advocacy efforts.
  • Guaranteed Income Community of Practice Network — Collaborative network of over 1,000 members involved in developing the Blueprint for a Guaranteed Income.
  • Harish I. Patel Partner — Vice President of Partnerships at Economic Security Project Action Inc
  • Illinois Cost-Of-Living Refund Coalition Coalition — Member of the coalition leading advocacy for the NEST program and Child Tax Credit reform in Illinois.
  • Illinois Senate Executive Committee Government — Engaged with the AI and Social Media Subcommittee of the Illinois Senate Executive Committee through testimony on SB 2255.
  • Immigrant advocates Partner — Partners with immigrant advocates to implement cash transfer programs and expand economic support.
  • Kamala Harris Partner — Advanced ESP-backed guaranteed income legislation through the introduction of the LIFT the Middle Class Act in Congress.
  • Kamala Harris Partner — Introduced the LIFT the Middle Class Act in the Senate, incorporating ESP’s proposal to expand the Earned Income Tax Credit.
  • Local governments Partner — Collaborates with local governments on guaranteed income programs and direct cash transfers.
  • Los Angeles County Partner — Collaborated on the “Claim Your Cash” Pilot Program to connect low-income families to tax credits.
  • Mayor Michael Tubbs Partner — Collaborated on the first ESP-backed guaranteed income demonstration in Stockton, CA.
  • Mayor Michael Tubbs Partner — Collaborated on the launch of the first mayor-led guaranteed income demonstration in Stockton, CA.
  • Nonprofits Partner — Partners with nonprofit organizations on advocacy and legislative campaigns for economic security.
  • Rashida Tlaib Partner — Advanced ESP-backed guaranteed income legislation through the introduction of the BOOST Act in Congress.
  • Rashida Tlaib Partner — Introduced the BOOST Act in Congress, adopting ESP’s proposal to expand the Earned Income Tax Credit.
  • Rosalind Franklin University of Medicine and Science Partner — Collaborated with Economic Security Illinois Action in supporting the NEST Program proposal.
  • State and local elected officials Partner — Collaborates with elected officials to expand income support programs and advance policy changes.
  • Stockton Mayor Michael Tubbs Partner — Partnered on America’s first mayor-led guaranteed income cash demonstration in Stockton.
  • academics Partner — Collaborates with academics to advance economic security initiatives.
  • culture makers Partner — Collaborates with culture makers to shape narratives around economic security.
  • donors Partner — Engages donors as partners in funding and advancing initiatives.
  • organizers Partner — Partners with community organizers to mobilize change efforts.
  • practitioners Partner — Works with practitioners to implement economic security programs.
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Antimonopoly Reform for Economic Equity
    methodology: antimonopoly_reform
    By challenging corporate monopolies and strengthening antitrust enforcement, we reduce corporate concentration and pricing power, thereby increasing fair competition, lowering costs, and raising wages because concentrated market power suppresses choice and inflates prices.
  • Cash-First Economic Security Model
    methodology: cash-first economic security
    By combining narrative change, legislative advocacy, and campaign development, we institutionalize cash assistance programs because direct financial support is foundational to equitable economic security and unlocks individual agency.
  • Changemaker Mobilization for Systemic Change
    methodology: changepartner mobilization
    By identifying and supporting key changemakers across academia, organizing, and culture, we accelerate systemic change because empowered individuals drive innovation and shift institutional norms more effectively than top-down interventions.
  • Guaranteed Income as Structural Intervention
    methodology: direct_cash_transfers
    By providing unconditional direct cash transfers, particularly to mothers and low-income families, we reduce inequality and improve health and economic outcomes because trust in individual decision-making unlocks dignity, autonomy, and efficient resource allocation.
  • Policy Advocacy Through Strategic Affiliation
    methodology: policy_advocacy_through_affiliation
    By forming strategic partnerships with affiliated organizations, we amplify policy impact because coordinated advocacy across aligned groups increases political leverage and institutional reach.