Earth Economics
- Assets
- $1.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 15
- Location
- Tacoma, WA
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-1843411
Organization Overview
Earth Economics is located in Tacoma, WA. The organization was established in 2006. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 12/2021, Earth Economics employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Earth Economics 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 12/2021, Earth Economics generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO QUANTIFY AND VALUE THE BENEFITS NATURE PROVIDES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM 1: DOMESTIC - OUR DOMESTIC PROGRAM PROVIDES THREE SERVICES: EDUCATION AND AWARENESS BUILDING; PLACE-BASED PROJECT ANALYSES; AND EXPERT GUIDANCE ON FUNDING MECHANISMS TO PROTECT AND EXPAND NATURAL CAPITAL AND GREEN INFRASTRUCTURE WITHIN THE UNITED STATES AND ITS TERRITORIES.
PROGRAM 2: INTERNATIONAL - OUR INTERNATIONAL PROGRAM PROVIDES THREE SERVICES: EDUCATION AND AWARENESS BUILDING; PLACE-BASED PROJECT ANALYSES; AND EXPERT GUIDANCE ON FUNDING MECHANISMS TO PROTECT AND EXPAND NATURAL CAPITAL AND GREEN INFRASTRUCTURE OUTSIDE OF THE UNITED STATES AND ITS TERRITORIES.
PROGRAM 3: ECOSYSTEM VALUATION TOOLKIT (EVT) - THE ECOSYSTEM VALUATION TOOLKIT (EVT) IS A CONSTANTLY EXPANDING REPOSITORY OF SCHOLARLY VALUATION ESTIMATES ASSOCIATED WITH ECOSYSTEM GOODS AND SERVICES, CURRENTLY CONTAINING OVER 2,100 VERIFIED VALUES FOR ECOSYSTEM GOODS AND SERVICES PRODUCED AT SPECIFIC LOCALES, WORLDWIDE. BY PROVIDING A FOUNDATION FOR RIGOROUS AND RAPID ECOSYSTEM SERVICE VALUATION, THE EVT SUPPORTS IMPROVEMENTS TO PUBLIC AND PRIVATE INVESTMENT, AND AN EXPANSION OF OUR UNDERSTANDING OF ECONOMIC IMPACTS AND INCENTIVES, TO BETTER SUPPORT ECOLOGICAL AND FINANCIAL SUSTAINABILITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maya Kocian Executive Director | Officer | 40 | $115,000 |
Nan Mckay Board Chair | OfficerTrustee | 2 | $0 |
Molly Seaverns Board Secretary | OfficerTrustee | 2 | $0 |
Craig Muska Board Treasurer | OfficerTrustee | 1 | $0 |
David Cosman Board Member | Trustee | 1 | $0 |
Judy Massong Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $682,172 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $682,172 |
| Total Program Service Revenue | $866,823 |
| Investment income | $222 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,553,859 |
| 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. | $125,989 |
| Compensation of current officers, directors, key employees. | $54,843 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $689,102 |
| Pension plan accruals and contributions | $26,692 |
| Other employee benefits | $64,333 |
| Payroll taxes | $73,495 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,163 |
| Fees for services: Accounting | $14,655 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,200 |
| Fees for services: Other | $173,046 |
| Advertising and promotion | $0 |
| Office expenses | $15,009 |
| Information technology | $20,105 |
| Royalties | $0 |
| Occupancy | $31,269 |
| Travel | $852 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,926 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,473 |
| All other expenses | $122 |
| Total functional expenses | $1,327,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,611 |
| Savings and temporary cash investments | $915,214 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $102,866 |
| 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 | $7,197 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,327,888 |
| Accounts payable and accrued expenses | $71,043 |
| Grants payable | $0 |
| Deferred revenue | $279,294 |
| 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 | $15,000 |
| Total liabilities | $365,337 |
| Net assets without donor restrictions | $962,551 |
| Net assets with donor restrictions | $0 |
| 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 | $1,327,888 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Earth Economics has recieved totaling $160,086.
| Awarding Organization | Amount |
|---|---|
Kaphan Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $100,000 |
Cosman Family Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $60,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $86 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Buildings Institute Inc Portland, OR | $4,008,688 | $6,167,404 |
Institute For Applied Ecology Corvallis, OR | $3,326,897 | $4,624,176 |
Green Electronics Council Portland, OR | $5,076,747 | $3,858,996 |
Sitka Sound Science Center Sitka, AK | $6,606,063 | $3,072,672 |
Forth Mobility Fund Portland, OR | $1,237,318 | $1,867,826 |
Wild Me Portland, OR | $701,458 | $1,545,314 |
Earth Economics Tacoma, WA | $1,327,888 | $1,553,859 |
Ecoadapt Bainbridge Island, WA | $1,631,548 | $1,661,648 |
Evergreen Collaborative Seattle, WA | $2,714,555 | $3,718,265 |
Ecostudies Institute Olympia, WA | $295,042 | $1,036,819 |
Coastal And Estuarine Research Federation Seattle, WA | $1,976,458 | $903,155 |
Aquatic Restoration And Research Institute Talkeetna, AK | $950,036 | $756,915 |