Blacksmith Institute Inc
- Assets
- $15.7m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 25
- Location
- New York, NY
- Founding
- 12/1999
- Data as of
- 12/2023
- EIN
- 13-4075779
Organization Overview
Blacksmith Institute Inc, operating under the name Pure Earth Toxic Free World, is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (Q02) the organization is classified as: Management & Technical Assistance, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Pure Earth Toxic Free World employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pure Earth Toxic Free World 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 12/2023, Pure Earth Toxic Free World generated $5.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $7.0m during the year ending 12/2023. While expenses have increased by 9.4% per year over the past 9 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
DEDICATED TO SOLVING LIFE-THREATENING POLLUTION ISSUES IN THE DEVELOPING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR OBJECTIVELEAD AND MERCURY ARE TWO OF THE MOST PREVALENT POLLUTANTS IN LOW- AND MIDDLE-INCOME COUNTRIES, AND POSE A GREATER RISK THAN ALL OTHER TOP TEN CHEMICALS OF CONCERN IDENTIFIED BY WHO. THROUGH 2030, PURE EARTH IS FOCUSING ON THESE POLLUTANTS THROUGH TWO CORE PROGRAMMATIC AREAS IN NINE COUNTRIES.THE OBJECTIVE OF OUR GLOBAL LEAD PROGRAM IS TO MEASURABLY AND SUSTAINABLY REDUCE LEAD POLLUTION AND POISONING USING A 5-PHASE APPROACH, WHICH INCLUDES HEALTH SURVEILLANCE, EXPOSURE SOURCE ANALYSIS, SOURCESPECIFIC INTERVENTIONS, COMMUNICATIONS, AND INSTITUTIONAL STRENGTHENING.OUR GLOBAL MERCURY PROGRAM AIMS TO REDUCE MERCURY POLLUTION FROM THE LEADING SOURCE OF EMISSIONS - ARTISANAL AND SMALL-SCALE GOLD MINING (ASGM). THE GOAL IS TO REDUCE MERCURY EXPOSURE AND POISONING, BY TARGETING THE MOST SEVERELY AFFECTED POPULATIONS: MINERS AND SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Fuller Chief Executive Officer | OfficerTrustee | 40 | $200,000 |
Ethan Sawyer Chair | OfficerTrustee | 1 | $0 |
Conrad Meyer III Chair Emeritas | OfficerTrustee | 1 | $0 |
Ruben Kraiem Vice Chair, Thru 2023 | OfficerTrustee | 1 | $0 |
Paul Roux Secretary | OfficerTrustee | 0.4 | $0 |
Paul Brooke Director | Trustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gabriel Sanchez Ibarra Vp Of Programs Service Fees | 12/30/23 | $144,990 |
Stephan Boese-o'reilly Senior Technical Advisor Service Fees | 12/30/23 | $108,745 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $274,016 |
| Related organizations | $0 |
| Government grants | $246,347 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,575,228 |
| Noncash contributions included in lines 1a–1f | $10,015 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,095,591 |
| Total Program Service Revenue | $0 |
| Investment income | $178,977 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $140 |
| Net Income from Fundraising Events | -$44,100 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,230,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $939,330 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $366,464 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $747,448 |
| Compensation of current officers, directors, key employees. | $223,674 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,416,807 |
| Pension plan accruals and contributions | $45,990 |
| Other employee benefits | $70,714 |
| Payroll taxes | $165,927 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,999 |
| Fees for services: Accounting | $154,370 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,758,445 |
| Advertising and promotion | $0 |
| Office expenses | $113,283 |
| Information technology | $225,196 |
| Royalties | $0 |
| Occupancy | $252,622 |
| Travel | $255,146 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $89,244 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $144,059 |
| Insurance | $19,813 |
| All other expenses | $0 |
| Total functional expenses | $7,015,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,463,671 |
| Savings and temporary cash investments | $1,409,606 |
| Pledges and grants receivable | $9,126,357 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,804 |
| Prepaid expenses and deferred charges | $291,951 |
| Net Land, buildings, and equipment | $300,319 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,123,186 |
| Total assets | $15,738,894 |
| Accounts payable and accrued expenses | $731,112 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $200,403 |
| Total liabilities | $931,515 |
| Net assets without donor restrictions | $4,626,211 |
| Net assets with donor restrictions | $10,181,168 |
| 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 | $15,738,894 |
Grants Awarded
Over the last fiscal year, Blacksmith Institute Inc has awarded $939,330 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
VITAL STRATEGIES INC PURPOSE: REDUCING LEAD EXPOSURE | $575,380 |
STANFORD UNIVERSITY PURPOSE: REDUCING LEAD EXPOSURE | $324,377 |
GEORGETOWN UNIVERSITY PURPOSE: REDUCING LEAD EXPOSURE | $31,088 |
DUKE UNIVERSITY PURPOSE: REDUCING MERCURY EXPOSURE | $8,485 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Natural Resource Governance Institute New York, NY | $10,162,466 | $10,701,192 |
Blacksmith Institute Inc New York, NY | $15,738,894 | $5,230,809 |
Articlegroup Org Inc Brooklyn, NY | $2,097,428 | $2,939,659 |
Jewish Home Lifecare Community Services New York, NY | $1,776,692 | $457,338 |
International Management Development Association Palmyra, PA | $157,302 | $0 |
Life Transformation Foundation International Royersford, PA | $96,656 | $0 |
Enlightened World Foundation West Conshohocken, PA | $1,533,008 | $70,000 |
People-Oriented Cities Inc Brooklyn, NY | $71,877 | $0 |
The Nbi Foundation Inc Valhalla, NY | $0 | $0 |