Sustainable Princeton Inc
- Assets
- $412.3k
- Revenue
- $456.4k
- Investments
- $0.0
- Employees
- 8
- Location
- Princeton, NJ
- Founding
- 05/2012
- Data as of
- 12/2022
- EIN
- 45-4743353
Organization Overview
Sustainable Princeton Inc is located in Princeton, NJ. The organization was established in 2012. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2022, Sustainable Princeton Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Princeton 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 12/2022, Sustainable Princeton Inc generated $456.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $425.8k during the year ending 12/2022. While expenses have increased by 14.4% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO INSPIRE OUR COMMUNITY TO DEVELOP AND IMPLEMENT SOLUTIONS THAT POSITIVELY IMPACT OUR ENVIRONMENT. OUR VISION IS FOR PRINCETON TO BE MODEL TOWN THAT EXAMINES EVERY ACTION THROUGH THE LENS OF SUSTAINABILITY ENSURING A HEALTHY ENVIRONMENT, A STRONG ECONOMY AND THE WELL-BEING OF ALL COMMUNITY MEMBERS NOW AND IN THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUSTAINABLE PRINCETON HAS SUCCESSFULLY DEVELOPED A MODEL FOR COMMUNITY- LEVEL SUSTAINABLILITY PROGRESS. THROUGH PARTNERSHIP WITH THE GOVERNMENT, RESIDENTS, AREA BUSINESSES, AND LOCAL NON-PROFITS, SUSTAINABLE PRINCETON WORKS AT A GRASSROOTS LEVEL TO CREATE THE SYSTEM AND CULTURAL SHIFTS REQUIRED FOR A MORE CLIMATE-POSITIVE COMMUNITY. OUR VISION IS FOR PRINCETON TO BECOME A MODEL TOWN THAT EXAMINES EVERY ACTION THROUGH THE LENS OF SUSTAINABILITY, ENSURING A HEALTHY ENVIRONMENT, A STRONG ECONOMY, AND THE WELL-BEING OF ALL COMMUNITY MEMEBERS NOW AND IN THE FUTURE. WE PRIMARILY SERVE THE 30,000 RESIDENTS OF PRINCETON, BUT MAKE OUR ONLINE RESOURCES AVAILABLE FREE OF CHARGE TO ANYONE WITH ACCESS TO THE INTERENET.
SUSTAINABLE PRINCETON HAS SUCCESSFULLY DEVELOPED A MODEL FOR COMMUNITY- LEVEL SUSTAINABLILITY PROGRESS. THROUGH PARTNERSHIP WITH THE GOVERNMENT, RESIDENTS, AREA BUSINESSES, AND LOCAL NON-PROFITS, SUSTAINABLE PRINCETON WORKS AT A GRASSROOTS LEVEL TO CREATE THE SYSTEM AND CULTURAL SHIFTS REQUIRED FOR A MORE CLIMATE-POSITIVE COMMUNITY. OUR VISION IS FOR PRINCETON TO BECOME A MODEL TOWN THAT EXAMINES EVERY ACTION THROUGH THE LENS OF SUSTAINABILITY, ENSURING A HEALTHY ENVIRONMENT, A STRONG ECONOMY, AND THE WELL-BEING OF ALL COMMUNITY MEMEBERS NOW AND IN THE FUTURE. WE PRIMARILY SERVE THE 30,000 RESIDENTS OF PRINCETON, BUT MAKE OUR ONLINE RESOURCES AVAILABLE FREE OF CHARGE TO ANYONE WITH ACCESS TO THE INTERENET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Bar-Cohen Vice Preside | OfficerTrustee | 1 | $0 |
Bruce Chung Secretary | OfficerTrustee | 1 | $0 |
Michael Chung Trustee | Trustee | 0.5 | $0 |
David Hill Treasurer | OfficerTrustee | 1 | $0 |
Stuart Leiberman Trustee | Trustee | 0.5 | $0 |
Betsy Marshall Trustee | Trustee | 0.5 | $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 | $319,183 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $319,183 |
| Total Program Service Revenue | $134,717 |
| Investment income | $2,517 |
| 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 | $456,417 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $280,377 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,556 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,702 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,025 |
| Advertising and promotion | $0 |
| Office expenses | $14,383 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,720 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,296 |
| All other expenses | $5,381 |
| Total functional expenses | $425,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,636 |
| Savings and temporary cash investments | $175,644 |
| 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 | $412,280 |
| Accounts payable and accrued expenses | $408 |
| 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 | $2,446 |
| Total liabilities | $2,854 |
| Net assets without donor restrictions | $292,426 |
| Net assets with donor restrictions | $117,000 |
| 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 | $412,280 |