Canopy
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 37
- Location
- Palo Alto, CA
- Founding
- 04/2002
- Data as of
- 06/2022
- EIN
- 01-0565752
Organization Overview
Canopy is located in Palo Alto, CA. The organization was established in 2002. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 06/2022, Canopy employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canopy 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 06/2022, Canopy generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 11.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CANOPY GROWS URBAN TREE CANOPY IN MIDPENINSULA COMMUNITIES FOR THE BENEFIT OF ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CANOPY PROMOTES TREE EQUITY AND ACCESS TO NEARBY NATURE THROUGH THREE INTERCONNECTED CORE PROGRAMS WITHIN THE COMMUNITIES OF NORTH FAIR OAKS, BELLE HAVEN, EAST PALO ALTO, MOUNTAIN VIEW, AND PALO ALTO.TREES: CANOPY TAKES DIRECT ACTION TO GROW URBAN TREE CANOPY COVER AND ENHANCE GREEN SPACES BY ENGAGING VOLUNTEERS AND PARTNERS TO PLANT HUNDREDS OF TREES AND STEWARDING THOUSANDS OF TREES EVERY YEAR IN THEIR MIDPENINSULA COMMUNITIES.EDUCATION: THROUGH K-12 PROGRAMS, HIGH SCHOOL INTERNSHIPS, AND ADULT EDUCATION PROGRAMS, CANOPY LEADS MIDPENINSULA COMMUNITIES TO THE KNOWLEDGE, ATTITUDE, SKILLS, AND ACTIONS THAT SUPPORT THE URBAN FOREST.ADVOCACY: THROUGH ADVOCACY AT VARIOUS JURISDICTION LEVELS (STATE, COUNTY, CITY, SCHOOL DISTRICT, LARGE PRIVATE LANDOWNERS), CANOPY STEPS UP TO HELP PARTNERS ADOPT TREE-FRIENDLY POLICIES AND PRACTICES, AND ENSURE ADEQUATE FUNDING FOR TREE PROGRAMS IN THE MIDPENINSULA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Martineau Executive Director | Officer | 40 | $146,000 |
Kammy Lo Board Chair | OfficerTrustee | 5 | $0 |
Laura Martinez Board Chair | OfficerTrustee | 2 | $0 |
Shelley Ratay Treasurer | OfficerTrustee | 2 | $0 |
Marilyn Keller Secretary | OfficerTrustee | 2 | $0 |
Dave Armstrong Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $122,141 |
| Related organizations | $0 |
| Government grants | $131,328 |
| All other contributions, gifts, grants, and similar amounts not included above | $570,856 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $824,325 |
| Total Program Service Revenue | $689,314 |
| Investment income | $276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,716 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,527,418 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $921,062 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,943 |
| Payroll taxes | $77,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,663 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,866 |
| Advertising and promotion | $5,600 |
| Office expenses | $22,275 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,360 |
| Travel | $17,268 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,387 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,043 |
| Insurance | $17,487 |
| All other expenses | $18,296 |
| Total functional expenses | $1,364,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $375 |
| Savings and temporary cash investments | $617,077 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $520,708 |
| 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 | $29,376 |
| Net Land, buildings, and equipment | $38,804 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,206,340 |
| Accounts payable and accrued expenses | $64,061 |
| Grants payable | $0 |
| Deferred revenue | $9,563 |
| 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 | $0 |
| Total liabilities | $73,624 |
| Net assets without donor restrictions | $1,014,848 |
| Net assets with donor restrictions | $117,868 |
| 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 | $1,206,340 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Canopy has recieved totaling $2,400.
| Awarding Organization | Amount |
|---|---|
Cnc Foundation Tr Palo Alto, CA PURPOSE: CHARITABLE | $2,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Looptfoundation Portland, OR | $56,493 | $16,408,583 |
Tri-City Economic Development Corporation Union City, CA | $7,121,419 | $14,270,902 |
Community Conservation Centers Inc Berkeley, CA | $3,563,827 | $7,161,023 |
Free Geek Portland, OR | $1,016,167 | $3,381,245 |
Our United Villages Portland, OR | $3,118,439 | $1,795,235 |
Bring Recycling Eugene, OR | $3,054,135 | $1,414,316 |
Canopy Palo Alto, CA | $1,206,340 | $1,527,418 |
Deconstruction And Building Materials Reuse Network Inc Long Beach, CA | $25,089 | $1,339,360 |
Watershed Management Group Inc Tucson, AZ | $1,083,167 | $1,647,658 |
Coastal Quest Berkeley, CA | $699,709 | $1,605,642 |
Oregon Refuse And Recycling Association Salem, OR | $727,687 | $1,151,379 |
Explore Ecology Santa Barbara, CA | $299,738 | $1,190,938 |