Ceres Inc, operating under the name Ceres, is located in Boston, MA. The organization was established in 1990. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 10/2020, Ceres employed 177 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ceres 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 10/2020, Ceres generated $24.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $21.7m during the year ending 10/2020. While expenses have increased by 10.3% per year over the past 6 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.
Since 2017, Ceres has awarded 18 individual grants totaling $787,410. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
CERES IS A SUSTAINABILITY NONPROFIT ORGANIZATION. CERES WORKS TO ADVANCE SUSTAINABILITY LEADERSHIP AMONG INVESTORS, COMPANIES AND CAPITAL MARKET INFLUENCERS TO DRIVE SOLUTIONS AND TAKE STRONGER ACTION ON THE WORLD'S BIGGEST SUSTAINABILITY CHALLENGES, INCLUDING CLIMATE CHANGE, WATER SCARCITY AND POLLUTION, AND INEQUITABLE WORKPLACES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUSTAINABLE CAPITAL MARKETS: SEE SCHEDULE OSUSTAINABLE CAPITAL MARKETS: CERES MOBILIZES INFLUENTIAL FINANCIAL MARKET ACTORS TO ENGAGE AND COLLABORATE ON ENVIRONMENTAL, SOCIAL, AND GOVERNANCE ISSUES TO ADVANCE LEADING INVESTMENT PRACTICES, CORPORATE ENGAGEMENT STRATEGIES AND POLICY SOLUTIONS THROUGH WORKING GROUPS AND SHARED LEARNING OPPORTUNITIES, SUCH AS WEBINARS AND EVENTS. CERES WORKS WITH INVESTORS SPECIFICALLY TO BETTER MANAGE CARBON, WATER AND SUPPLY CHAIN RISKS, AND RAMP UP GLOBAL INVESTMENTS IN CLEAN ENERGY AND SUSTAINABLE FOOD AND WATER SYSTEMS. CERES DIRECTS THE CERES INVESTOR NETWORK ON CLIMATE RISK AND SUSTAINABILITY WHICH INCLUDES MORE THAN 195 INSTITUTIONAL INVESTORS, MANAGING MORE THAN $37 TRILLION IN ASSETS, ADVANCING LEADING INVESTMENT PRACTICES, CORPORATE ENGAGEMENT STRATEGIES, AND KEY POLICY AND REGULATORY SOLUTIONS. OUR KEY GLOBAL INVESTOR COLLABORATIONS INCLUDE THE CLIMATE ACTION 100+ INITIATIVE, THE INVESTOR AGENDA, THE PARIS ALIGNED INVESTMENT INITIATIVE AND THE NET ZERO ASSET MANAGERS INITIATIVE. INFLUENTIAL INVESTORS FROM LEADING ASSET MANAGEMENT FIRMS, PUBLIC PENSION FUNDS, LABOR AND SOCIALLY-RESPONSIBLE INVESTMENT FUNDS, FOUNDATIONS, ENDOWMENTS AND FAMILY OFFICES MAKE UP THE CERES INVESTOR NETWORK.
POLICY: SEE SCHEDULE OPOLICY: THE CERES POLICY NETWORK, KNOWN AS BICEP, COMPRISES 65+ COMPANIES, INCLUDING DOZENS OF LEADING CONSUMER BRANDS AND FORTUNE 500S, ADVOCATING FOR STRONG CLIMATE, CLEAN ENERGY AND WATER POLICIES AT THE STATE AND FEDERAL LEVELS. IN THE WAKE OF PRESIDENT TRUMP'S ANNOUNCEMENT OF HIS INTENT TO WITHDRAW THE U.S. FROM THE PARIS CLIMATE AGREEMENT, WE HELPED LAUNCH AND GROW WE ARE STILL IN INTO A COALITION OF MORE THAN 3800 INVESTORS, COMPANIES, MAYORS, GOVERNORS, COLLEGE PRESIDENT AND OTHER LEADERS COMMITTED TO U.S. ACTION ON CLIMATE CHANGE. CERES BICEP NETWORK MEMBERS HAVE WEIGHED IN ON A RANGE OF STATE AND FEDERAL POLICIES FROM RENEWABLE ENERGY ISSUES TO FUEL EFFICIENCY STANDARDS, TO VARIOUS CLEAN AIR ACT MEASURES TO THE PARIS CLIMATE AGREEMENT. THESE FORWARD-THINKING COMPANIES ARE RESPECTED LEADERS IN THEIR SECTORS WHO RECOGNIZE THAT THE LOW-CARBON ECONOMY WILL CONTINUE STIMULATING GROWTH AND CREATE NEW JOBS, WHILE STABILIZING OUR CLIMATE.
SUSTAINABLE BUSINESS STRATEGIES: SEE SCHEDULE OSUSTAINABLE BUSINESS STRATEGIES: CERES' COMPANY NETWORK COMPRISES 50+ COMPANIES, NEARLY 75 PERCENT OF THEM FORTUNE 500 FIRMS, SETTING THE HIGHEST BAR FOR SUSTAINABILITY LEADERSHIP. THROUGH DIRECT STAKEHOLDER ENGAGEMENT, STANDARD-SETTING, REGULAR BENCHMARKING, AND STRONG COLLABORATIONS WITH COALITIONS LIKE WE MEAN BUSINESS, CERES MOVES COMPANIES TO RAISE THEIR AMBITION ON ROBUST SUSTAINABILITY GOALS AND IMPROVE RESILIENCY IN THEIR OPERATIONS AND SUPPLY CHAINS. CERES' IN-HOUSE EXPERTISE, COMBINED WITH OUR UNIQUE ACCESS TO INVESTORS, COMPANIES AND OTHER ADVOCACY ORGANIZATIONS, PROVIDES MEMBERS THE CRITICAL INSIGHTS THEY NEED TO STRENGTHEN PERFORMANCE ON KEY `MATERIAL' ENVIRONMENTAL AND SOCIAL IMPACT AREAS. LEVERAGING THE CERES ROADMAP FOR SUSTAINABILITY --OUR VISION AND PRACTICAL FRAMEWORK FOR GUIDING CORPORATE SUSTAINABILITY LEADERSHIP-- CERES WORKS WITH COMPANY NETWORK MEMBERS TO MANAGE SUSTAINABILITY FROM THE BOARDROOM TO THE COPY ROOM, AND FROM FACTORIES TO FIELDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mindy Lubber President | OfficerTrustee | 40 | $257,625 |
Susan Sayers Chief Development Officer | Officer | 40 | $220,104 |
Dawn Martin Exec. VP & Chief Program Officer | Officer | 40 | $191,660 |
Susan Boyer CFO | Officer | 40 | $160,471 |
David Ziv-Kreger Sr. Dir., Foundation Development | 40 | $157,250 | |
Anne Kelly Vp, Government Relations | 40 | $148,436 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
K&l Gates Llp Program Consulting | 10/30/20 | $171,464 |
Schlegel & Associates Llc Program Consulting | 10/30/20 | $108,534 |
Tech Superpowers Llc Tech Support | 10/30/20 | $254,134 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $19,743,507 |
Investment income | $126,491 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $7,283 |
Net Income from Fundraising Events | -$32,242 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $24,614,571 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $2,869,071 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,565,425 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,286,489 |
Pension plan accruals and contributions | $509,285 |
Other employee benefits | $1,126,244 |
Payroll taxes | $812,328 |
Fees for services: Management | $0 |
Fees for services: Legal | $53,922 |
Fees for services: Accounting | $117,677 |
Fees for services: Lobbying | $77,935 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,008,656 |
Advertising and promotion | $62,912 |
Office expenses | $498,677 |
Information technology | $309,911 |
Royalties | $0 |
Occupancy | $823,214 |
Travel | $234,513 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $294,069 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $451,222 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $21,716,189 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,081,089 |
Savings and temporary cash investments | $11,150,587 |
Pledges and grants receivable | $9,767,768 |
Accounts receivable, net | $659,430 |
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 | $598,278 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $177,413 |
Total assets | $29,352,442 |
Accounts payable and accrued expenses | $3,792,322 |
Grants payable | $0 |
Deferred revenue | $927,142 |
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 | $1,900,000 |
Total liabilities | $6,619,464 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $22,732,978 |
Over the last fiscal year, Ceres Inc has awarded $345,706 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: FOR COCOA BENCHMARK AND BUSINESS CASE FOR ENDING DEFORESTATION. | $140,000 |
Boston, MA PURPOSE: FOR CATALYZING PROGRESS IN OIL & GAS SECTOR BY BENCHMARKING METHANE EMISSIONS. | $102,500 |
Berkeley, CA PURPOSE: TO IDENTIFY EFFECTIVE FINANCIAL SUPPLIER INCENTIVES FOR IMPLEMENTATION OF NO-DEFORESTATION POLICIES IN COCOA SUPPLY CHAINS. | $40,456 |
New York, NY PURPOSE: FOR POLICY RECRUITMENT AND ADVOCACY SUPPORT. | $33,750 |
Boston, MA PURPOSE: EVENT ORGANIZING IN MA TO PROMOTE CERES PRIORITIES AND ADVANCE STRONG CLIMATE POLICY. | $15,000 |
New York, NY PURPOSE: FOR STRATEGY & TARGETING OF THE TRADE ASSOCIATION CAMPAIGN TO ENSURE ALIGNMENT BETWEEN COMPANY CLIMATE AMBITION AND THEIR TRADE ASSOCIATION MEMBERSHIP. | $14,000 |
Over the last fiscal year, we have identified 3 grants that Ceres Inc has recieved totaling $301,000.
Awarding Organization | Amount |
---|---|
Wallace Genetic Foundation Ii Inc Washington, DC PURPOSE: FEDERAL POLICYEDUCATIONPROGRAM | $200,000 |
Farvue Foundation Inc Washington, DC PURPOSE: SUPPORT | $100,000 |
Alchemy Foundation Cambridge, MA PURPOSE: GENERAL SUPPORT | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Ceres Inc Boston, MA | $29,352,442 | $24,614,571 |
Clean Air Task Force Inc Boston, MA | $31,921,240 | $31,575,953 |
New England Interstate Water Pollution Control Commission Lowell, MA | $13,941,857 | $17,678,985 |
Conservation Law Foundation Inc Boston, MA | $40,803,982 | $23,298,469 |
Waterkeeper Alliance Inc New York, NY | $5,512,348 | $11,721,218 |
Tree Care Industry Association Inc Manchester, NH | $12,082,110 | $7,141,132 |
New Ecology Inc Boston, MA | $3,455,228 | $7,374,959 |
West Harlem Environmental Action Inc New York, NY | $16,626,101 | $16,263,917 |
Consortium For Energy Efficiency Inc Middleton, MA | $3,900,688 | $3,677,638 |
Sound Waters Inc Stamford, CT | $15,959,792 | $5,964,857 |
Project For Public Spaces Inc New York, NY | $985,831 | $2,895,436 |
Catskill Center For Conservation And Development Inc Arkville, NY | $7,000,138 | $2,362,917 |