Populace Inc
- Assets
- $7.1m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 5
- Location
- Burlington, MA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-1629781
Organization Overview
Populace Inc is located in Burlington, MA. The organization was established in 2014. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, under the broad grouping of Environment and related organizations. As of 12/2021, Populace Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Populace 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 12/2021, Populace Inc generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 39.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
POPULACE ENGAGES IN THE TRANSLATION OF THE SCIENCE OF THE INDIVIDUAL TO ADVANCE THE PUBLICS UNDERSTANDING ABOUT LEARNING, DEVELOPMENT, AND HUMAN POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATING THE PUBLIC ABOUT THE SCIENCE OF THE INDIVIDUAL AND ITS APPLICATIONS FOR CULTURE AND SYSTEMS IN SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Todd Rose President | OfficerTrustee | 40 | $457,990 |
Parisa Rouhani Treasurer/clerk | OfficerTrustee | 40 | $288,357 |
Kelley Gerson Vice President, Research | 40 | $210,718 | |
Tanya Gonzales Chief Of Staff | 40 | $109,781 | |
Walter Haas Chair | OfficerTrustee | 1 | $0 |
Debbie Newhouse Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gradient Metrics Communications | 12/30/21 | $219,865 |
Mimi Gurbst Messaging & Branding | 12/30/21 | $120,000 |
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 | $3,525,052 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,525,052 |
| Total Program Service Revenue | $0 |
| Investment income | $1,144 |
| 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 | $3,527,692 |
| 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. | $919,489 |
| Compensation of current officers, directors, key employees. | $131,983 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $389,698 |
| Pension plan accruals and contributions | $21,574 |
| Other employee benefits | $91,424 |
| Payroll taxes | $57,402 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,914 |
| Fees for services: Accounting | $91,981 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,504,999 |
| Advertising and promotion | $0 |
| Office expenses | $63,812 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $123,216 |
| Travel | $185,381 |
| 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 | $61,408 |
| Insurance | $11,067 |
| All other expenses | $0 |
| Total functional expenses | $3,548,365 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,590,089 |
| 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 | $56,439 |
| Net Land, buildings, and equipment | $109,086 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $297,844 |
| Total assets | $7,053,458 |
| Accounts payable and accrued expenses | $207,753 |
| 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 | $262,831 |
| Total liabilities | $470,584 |
| Net assets without donor restrictions | $5,378,329 |
| Net assets with donor restrictions | $1,204,545 |
| 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 | $7,053,458 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Populace Inc has recieved totaling $3,025,005.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO STUDY PRIVATE OPINION AND COLLECTIVE ILLUSIONS IN SOCIETY AROUND KEY ISSUES THAT AFFECT CULTURE AND INSTITUTIONS. | $1,500,000 |
Stand Together Chamber Of Commerce Inc Arlington, VA PURPOSE: GENERAL SUPPORT | $1,500,000 |
Evelyn And Walter Haas Jr Fund San Francisco, CA PURPOSE: FOR GENERAL SUPPORT. | $20,000 |
Evelyn And Walter Haas Jr Fund San Francisco, CA PURPOSE: FOR GENERAL SUPPORT. | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Riverside Park Conservancy Inc New York, NY | $11,373,583 | $9,288,014 |
Hudson Highlands Fjord Trail Inc Poughkeepsie, NY | $51,752,630 | $44,608,311 |
Populace Inc Burlington, MA | $7,053,458 | $3,527,692 |
Friends Of The Public Garden Inc Boston, MA | $33,599,493 | $7,098,288 |
Friends Of Rye Nature Center Inc Rye, NY | $2,439,536 | $2,200,140 |
Planting Fields Foundation Oyster Bay, NY | $28,898,888 | $1,054,105 |
North Branch Nature Center Inc Montpelier, VT | $1,632,113 | $930,075 |
Round The Bend Farm Inc South Dartmouth, MA | $428,021 | $731,203 |
John Elwyn Stone Trust Uw Bedford, NH | $7,626,483 | $1,707,863 |
Land Acquisition Fund Princeton, MA | $2,742,867 | $251,232 |
Vermont Community Garden Network Inc Essex Jct, VT | $166,097 | $336,389 |
Friends Of Bellport Bay Inc Bellport, NY | $75,043 | $209,002 |