Save The Sound Inc
- Assets
- $19.6m
- Revenue
- $11.9m
- Investments
- $0.0
- Employees
- 50
- Location
- New Haven, CT
- Founding
- 02/1994
- Data as of
- 09/2023
- EIN
- 06-0990195
Organization Overview
Save The Sound Inc is located in New Haven, CT. The organization was established in 1994. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. As of 09/2023, Save The Sound Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Save The Sound Inc 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 09/2023, Save The Sound Inc generated $11.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $9.6m during the year ending 09/2023. While expenses have increased by 9.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT AND IMPROVE THE LAND, AIR AND WATER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECOLOGICAL RESTORATION: THE ECOLOGICAL RESTORATION PROGRAM WORKS WITH NATURAL SYSTEMS TO CREATE OR RESTORE THE CONDITIONS FOR ECOLOGICAL AND HUMAN THRIVING AND RESILIENCE. THE PROGRAM DOES THIS BY REMOVING DAMS AND RESTORING FISH PASSAGE; INSTALLING GREEN INFRASTRUCTURE THAT EMPLOYS NATIVE PLANTS TO ABSORB AND FILTER STORMWATER BEFORE IT POLLUTES LOCAL WATERWAYS; RESTORES MARSHLAND AND CONSTRUCTS LIVING SHORELINES TO IMPROVE COASTAL RESILIENCE AND REVERSE MARSH LOSS, AND ENGAGES THE PUBLIC IN PROTECTING WATER QUALITY AND WILDLIFE THROUGH A ROBUST CLEANUP PROGRAM AND OTHER EDUCATIONAL AND VOLUNTEER OPPORTUNITIES. LAST YEAR THE PROGRAM HOSTED 76 IN-PERSON CLEANUPS AND MANY MORE VIRTUAL CLEANUPS. THE PROGRAM ALSO ADDED ROAD-STREAM CROSSING ASSESSMENTS AND LIVING SHORELINE DESIGN AND CONSTRUCTION TO OUR PROJECT PORTFOLIO.
THE LONG ISLAND SOUND PROGRAM USES CITIZEN SCIENCE, EDUCATION, ADVOCACY AND ON-THE-WATER WATCHDOG ACTIVITIES TO PROTECT AND RESTORE THE HEALTH OF LONG ISLAND SOUND AND ITS WATERSHED. LAST YEAR THE PROGRAM COORDINATED THE UNIFIED WATER STUDY, AN EFFORT TO MONITOR WATER QUALITY WITH 23 GROUPS IN 40 EMBAYMENTS AROUND LONG ISLAND SOUND; PUBLISHED A REPORT ON LONG ISLAND SOUND'S ENVIRONMENTAL HEALTH; LED ADVOCACY AND EDUCATION EFFORTS THAT RESULTED IN AN HISTORIC INVESTMENT IN LONG ISLAND SOUND INITIATIVES BY THE FEDERAL GOVERNMENT; AND SIGNIFICANTLY INCREASED THE VISIBILITY OF OUR SOUNDKEEPER SUBPROGRAM, WHICH PATROLS THE WATERS OF LIS TO ENSURE POLLUTION IS STOPPED.
ENDANGERED LANDS: THE ENDANGERED LANDS PROGRAM USES GRASSROOTS ADVOCACY, EDUCATION, POLICY AND LEGAL TOOLS TO ENSURE CONNECTICUT'S ICONIC LANDS ARE PRESERVED AND THE FORESTS THAT FILTER DRINKING WATER ARE PROTECTED. LAST YEAR THE PROGRAM EDUCATED THOUSANDS OF NEW PEOPLE ABOUT THE EFFORT TO PROTECT AN 840 ACRE DEFACTO WILDLIFE REFUGE; BROUGHT PEOPLE IN AN EJ AREA TOGETHER TO PUSH FOR CLEAN-UP AND OPEN SPACE PRESERVATION OF OVER 100 ACRES IN THE CENTER OF THE COMMUNITY; CONTINUED A DECADES LONG BATTLE TO PRESERVE 238 ACRES OF FOREST ABUTTING A NATURE PRESERVE ALONG THE COASTLINE OF CONNECTICUT; AND WORKED TO PROTECT THOUSANDS OF ACRES OF DRINKING WATER LANDS IN THE COLEBROOK, CT AREA AND THROUGHOUT CT WATER'S TERRITORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Cort Chair | Trustee | 0 | $0 |
Johan Varekamp PHD Director | Trustee | 0 | $0 |
Richard Angle Director | Trustee | 0 | $0 |
Joseph Macdougald Director | Trustee | 0 | $0 |
Blandina W Brewster Director | Trustee | 0 | $0 |
Tim Taussig Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sumco Eco-contracting Construction | 9/29/23 | $1,791,465 |
Stantec Engineering | 9/29/23 | $179,681 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,123,428 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,565,545 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,688,973 |
| Total Program Service Revenue | $0 |
| Investment income | $169,277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $36,572 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,894,822 |
| 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. | $198,672 |
| Compensation of current officers, directors, key employees. | $28,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,393,278 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $637,395 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,357 |
| Fees for services: Accounting | $44,012 |
| Fees for services: Lobbying | $3,400 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,936 |
| Fees for services: Other | $952,326 |
| Advertising and promotion | $101,483 |
| Office expenses | $433,646 |
| Information technology | $254,505 |
| Royalties | $0 |
| Occupancy | $265,670 |
| Travel | $50,600 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,748 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,621 |
| Insurance | $80,210 |
| All other expenses | $0 |
| Total functional expenses | $9,642,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,332,970 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,176,686 |
| Accounts receivable, net | $25,438 |
| 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 | $145,008 |
| Net Land, buildings, and equipment | $439,131 |
| Investments—publicly traded securities | $9,887,827 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,616,618 |
| Total assets | $19,623,678 |
| Accounts payable and accrued expenses | $1,138,624 |
| Grants payable | $0 |
| Deferred revenue | $190,407 |
| 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 | $1,370,299 |
| Total liabilities | $2,699,330 |
| Net assets without donor restrictions | $4,050,593 |
| Net assets with donor restrictions | $12,873,755 |
| 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 | $19,623,678 |