Center for European Policy Analysis
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SEE SCHEDULE OTHE CENTER FOR EUROPEAN POLICY ANALYSIS (CEPA) IS A NONPROFIT, NONPARTISAN, PUBLIC POLICY INSTITUTION HEADQUARTERED IN WASHINGTON, DC WITH HUBS IN LONDON AND BRUSSELS, FOCUSED ON STRENGTHENING THE TRANSATLANTIC ALLIANCE THROUGH CUTTING-EDGE RESEARCH, ANALYSIS, AND PROGRAMS. CEPA PROVIDES INNOVATIVE INSIGHT ON TRENDS AFFECTING DEMOCRACY, SECURITY, AND DEFENSE TO GOVERNMENT OFFICIALS AND AGENCIES; HELPS TRANSATLANTIC BUSINESSES NAVIGATE CHANGING STRATEGIC LANDSCAPES; AND BUILDS NETWORKS OF FUTURE LEADERS VERSED IN ATLANTICISM.
- Income
- $5.1 million
- Spending
- $5.1 million
- Spent on programs
- 56%
- Reserves
- -1.4 months of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 23
- Volunteers
- 31
- Highest pay
- $392,158, president & ceo, treasurer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 40 out of 100. Higher than 6% of charities in its peer group (social science, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 51% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
15 of 15Income rose 38% on the year before.
Spending floor
8 of 1556% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 60% of charities in its peer group (social science, $1m to $10m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.8 million spent. SEE SCHEDULE OTHROUGH ITS ANALYSIS AND FELLOWSHIP PROJECTS, THE DEMOCRATIC RESILIENCE PROGRAM DELIVERS CUTTING-EDGE RESEARCH AND ACTIONABLE, EVIDENCE-BASED ANALYSIS ON THE CHALLENGES POLICYMAKERS FACE, INCLUDING RUSSIAN SHADOW-WARFARE, SINO-RUSSIAN STRATEGIC ALIGNMENT, EUROPEAN ENERGY SECURITY, AND UKRAINE'S RECOVERY AND RECONSTRUCTION, AMONG OTHERS.THE TRANSATLANTIC DEFENSE AND SECURITY PROGRAM AT CEPA SHAPES POLICY DEBATES, BUILDS COMMUNITIES OF INTEREST, AND DEVELOPS INNOVATIVE POLICY SOLUTIONS TO THE 21ST CENTURY'S MOST PRESSING TRANSATLANTIC SECURITY ISSUES. OUR GOAL IS TO ENSURE THE UNITED STATES AND ITS CLOSEST ALLIES CAN MAINTAIN THEIR STRATEGIC EDGE IN AN INCREASINGLY CONTESTED WORLD. WE FOCUS ON STRENGTHENING EURO-ATLANTIC INSTITUTIONS, PROMOTING US ENGAGEMENT IN EUROPEAN SECURITY, AND DEEPENING TRANSATLANTIC COOPERATION. WE BRING A FORWARD-LOOKING APPROACH TO OUR ANALYSIS, WITH INSIGHT FORMED ACROSS GENERATIONS, BACKGROUNDS, AND BORDERS. BY BRINGING TOGETHER KEY STAKEHOLDERS, PIONEERING NEW IDEAS, AND PUBLISHING SUBSTANTIVE CONTENT, WE HELP GOVERNMENTS, BUSINESSES, INSTITUTIONS, AND THE PUBLIC UNDERSTAND AND NAVIGATE TODAY'S UNCERTAIN SECURITY ENVIRONMENT.DIGITAL INNOVATION INITIATIVE - CEPA'S DIGITAL INNOVATION INITIATIVE (DII) EXPLORES TRENDS IN TECH-POLICY IN EUROPE AND THE UNITED STATES TO ADVOCATE FOR TRANSATLANTIC UNITY ON DIGITAL REGULATION AND ENSURE THAT DEMOCRACIES MAINTAIN THE COMPETITIVE EDGE ON TECH INNOVATION.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
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