Arei Inc
- Assets
- $14.9k
- Revenue
- $144.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Aspen, CO
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 27-5216186
Organization Overview
Arei Inc is located in Aspen, CO. The organization was established in 2011. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arei 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 12/2023, Arei Inc generated $144.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $123.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE VIBRANT AND POWERFUL CROSS-SECTOR DIALGUE, COMMITMENTS,COLLABORATIONS AND INVESTMENTS THAT FOSTER CLIMATE CHANGE SOLUTIONS AT THE SPEED AND SCALE NECESSARY TO PHASE OUT FOSSIL FUELS, AND USHER IN A RAPID TRANSITION TO A NEW, CLEAN ENERGY ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AREDAY 2023 KEY THEME WAS CLIMATE, DEMOCRACY AND HUMAN SECURITY.THE AREDAY SUMMIT 2023 WAS HELD FROM OCTOBER 6 TO OCTOBER 9 2023 IN BOULDER, COLORADO. THE 2023 AREDAY SUMMIT FEATURED LEADERS FROM MULTIPLE SECTORS WITH PRIMARY FOCUS ON CLIMATE AND DEMOCRACY AS THEY AFFECT HUMAN SECURITY. WITH OVER 50 PANELS, KEYNOTES, ARMCHAIR DISCUSSIONS AND FILMS, THE SUMMIT WAS HELD OVER THREE DAYS WITH OVER 80 PRESENTERS. A VARIETY OF PANELS WERE PRESENTED TO OVER 200 ATTENDEES DURING THAT TIME. NATIONALLY KNOWN AUTHOR DOUGLAS BRINKLEY PRESENTED ON THE HISTORY OF US ENVIRONMENTAL PRESIDENTS WHILE OTHER DIALOGUES FEATURED DISCUSSIONS FROM NUCLEAR ENERGY TO HIGH VOLTAGE DIRECT CURRENT SUPER-GRIDS IN THE ENERGY SECTORS. KEYNOTES FROM CO SEC. OF STATE GENA GRISWOLD AND COLORADO STATE UNIVERSITY PRESIDENT AMY PARSONS ADDRESSED THE STATE OF DEMOCRACY IN THE UNIVERSITY SYSTEMS AND ST OF CO.THE AREDAY CEO ATTENDED SEVERAL CLIMATE CHANGE EVENTS THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wesley K Clark Sr Director | Trustee | 0.5 | $0 |
Ken Sack Director | Trustee | 0.5 | $0 |
David W Orr Director | Trustee | 0.5 | $0 |
Sylvia A Earle Director | Trustee | 0.5 | $0 |
Gordon Fuller President | Officer | 0.5 | $0 |
Anne-Marie Miller Treasurer | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $89,200 |
| Membership dues | $7,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,700 |
| Total Program Service Revenue | $47,445 |
| Investment income | $14 |
| 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 | $144,159 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $46,980 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,106 |
| Advertising and promotion | $1,686 |
| Office expenses | $461 |
| Information technology | $2,218 |
| Royalties | $0 |
| Occupancy | $7,100 |
| Travel | $3,583 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $213 |
| Interest | $3,450 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,604 |
| All other expenses | $17,787 |
| Total functional expenses | $123,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,949 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| 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 | $14,949 |
| Accounts payable and accrued expenses | $1,563 |
| 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 | $0 |
| Total liabilities | $1,563 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $14,949 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$1,563 |
| Total liabilities and net assets/fund balances | $14,949 |