Apparel Impact Institute
- Assets
- $1.8m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 45-5146805
Organization Overview
Apparel Impact Institute is located in Oakland, CA. The organization was established in 2014. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apparel Impact Institute 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, Apparel Impact Institute generated $2.7m in total revenue. All expenses for the organization totaled $2.6m during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MINIMIZE THE NEGATIVE ENVIRONMENTAL IMPACT ASSOCIATED WITH THE APPAREL INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WILL DRIVE TRANSFORMATIVE IMPROVEMENTS IN THE FASHION INDUSTRY THROUGH INNOVATIVE FUNDING MECHANISMS AND DEEP PARTNERSHIPS WITH INDUSTRY AND OTHER PROFESSIONAL SERVICES. THIS COLLABORATION WILL SELECT, FUND, AND SCALE HIGH-IMPACT PROJECTS THAT DRAMATICALLY AND MEASURABLY IMPROVE SUSTAINABILITY OUTCOMES OF THE APPAREL AND FOOTWEAR INDUSTRY. THE ORGANIZATION IDENTIFIES PROJECTS WITHIN THE APPAREL AND FOOTWEAR INDUSTRY THAT, WITH APPROPRIATE INVESTMENT AND RESOURCES, HAVE THE POTENTIAL TO SCALE TO MEET THE CRITICAL ENVIRONMENTAL AND SOCIAL OUTCOMES BRANDS AND CONSUMERS ARE BOTH SEEKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Punit Lalbhai Board Chair | OfficerTrustee | 0.5 | $0 |
Ted Van Der Put Treasurer | OfficerTrustee | 1 | $0 |
Amina Razvi Secretary | OfficerTrustee | 1 | $0 |
Lewis Perkins President | Officer | 40 | $0 |
Amanda Tucker Director | Trustee | 0.5 | $0 |
Melissa Fifield Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Reset Carbon Expert Consultants | 12/30/19 | $184,694 |
Beijing Foreign Enterprise Human Resourc Employee Leasing | 12/30/19 | $114,736 |
Sustainable Apparel Coalition Employee Leasing | 12/30/19 | $600,334 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,608,290 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,683,290 |
| Total Program Service Revenue | $996,324 |
| Investment income | $866 |
| 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 | $2,682,331 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,852 |
| Fees for services: Accounting | $24,710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,313,746 |
| Advertising and promotion | $0 |
| Office expenses | $29,499 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,750 |
| Travel | $37,991 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,585 |
| Insurance | $2,283 |
| All other expenses | $2,753 |
| Total functional expenses | $2,575,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,032,952 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $638,766 |
| 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 | $26,636 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $58,782 |
| Other assets | $0 |
| Total assets | $1,757,136 |
| Accounts payable and accrued expenses | $304,464 |
| Grants payable | $0 |
| Deferred revenue | $1,516,950 |
| 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 | $1,821,414 |
| Net assets without donor restrictions | -$381,703 |
| Net assets with donor restrictions | $317,425 |
| 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 | $1,757,136 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Apparel Impact Institute has recieved totaling $720,000.
| Awarding Organization | Amount |
|---|---|
The Schmidt Family Foundation Palo Alto, CA PURPOSE: ADVANCING SUSTAINABLE MATERIALS | $720,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Climate Policy Initiative Inc San Francisco, CA | $26,425,515 | $14,303,055 |
San Francisco Estuary Institute Richmond, CA | $18,526,189 | $12,355,424 |
Amazon Watch Oakland, CA | $7,503,411 | $6,232,655 |
New Buildings Institute Inc Portland, OR | $4,008,688 | $6,167,404 |
Institute For Applied Ecology Corvallis, OR | $3,326,897 | $4,624,176 |
Earth Genome Los Altos, CA | $6,421,238 | $8,220,439 |
Green Electronics Council Portland, OR | $5,076,747 | $3,858,996 |
Apparel Impact Institute Oakland, CA | $1,757,136 | $2,682,331 |
Hydrologic Research Center San Diego, CA | $1,964,474 | $2,134,880 |
California Foundation On The Environment And The Economy Sacramento, CA | $3,483,817 | $2,614,586 |
Forth Mobility Fund Portland, OR | $1,237,318 | $1,867,826 |
Wild Me Portland, OR | $701,458 | $1,545,314 |