Big Initiatives Incorporated
- Assets
- $8.4m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 75
- Location
- Brooklyn, NY
- Founding
- 06/2016
- Data as of
- 12/2023
- EIN
- 46-5083170
Organization Overview
Big Initiatives Incorporated, operating under the name Big Reuse, is located in Brooklyn, NY. The organization was established in 2016. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. As of 12/2023, Big Reuse employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Reuse 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, Big Reuse generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $5.0m during the year ending 12/2023. While expenses have increased by 21.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT THE ENVIRONMENT, TO REDUCE THE IMPACT OF CLIMATE CHANGE AND CONSERVE NATURAL RESOURCES AND ENERGY. THE ORGANIZATION ACHIEVES ITS MISSION BY DIVERTING MATERIALS FROM LANDFILL, CONSERVING ENERGY AND PROMOTING AND INSTALLING RENEWABLE ENERGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REUSE CENTER PROGRAM - THE REUSE CENTER DIVERTS REUSABLE MATERIALS FROM THE WASTE STREAM TO PROVIDE NEW YORK CITY WITH A SUSTAINABLE MATERIALS MANAGEMENT AND REUSE OPTION.
THE COMPOST APPLICATION PROGRAM PROVIDES COMPOST APPLICATION, TREE CARE EVENTS, AND ENVIRONMENTAL EDUCATIONAL INITIATIVES. THE PROGRAM ACTIVATES THE COMMUNITY, DISTRIBUTES COMPOST, IMPROVES STREET TREE BEDS, AND COLLABORATES WITH THE NEW YORK CITY COUNCIL TO ENGAGE SCHOOLS, COMMUNITY GROUPS, BUSINESS IMPROVEMENT DISTRICTS AND LIBRARIES IN THESE ENVIRONMENTAL EFFORTS.
COMPOST PROGRAM - - OUR COMPOST PROGRAM WORKS IN PARTNERSHIP WITH THE CITY OF NEW YORK TO COLLECT FOOD SCRAPS AND YARD WASTE, COMPOST THE COLLECTED MATERIAL AND GIVE THE COMPOST AWAY TO COMMUNITY GREENING GROUPS AND PARKS. THE PROGRAM REDUCES WASTE SENT TO LANDFILLS AND INCINERATORS, CUTS CLIMATE CHANGE GAS EMISSIONS AND HELPS IMPROVE THE SOILS OF NYC TO GREEN THE CITY.
ORGANICS OUTREACH PROGRAM - OUTREACH PROGRAM PROMOTES CITY OF NEW YORK COMPOSTING, ZERO WASTE AND ENVIRONMENTAL PROGRAMS. WE DO THIS BY GOING DOOR TO DOOR TO SPEAK TO RESIDENTS, TABLING AT EVENTS, AND HOSTING OUTREACH EVENTS THROUGHOUT THE CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Grossman President | OfficerTrustee | 2 | $0 |
Noah Leff Treasurer | OfficerTrustee | 2 | $0 |
Christine A Coletta Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Aceituno Board Member | Trustee | 1 | $0 |
Althea Erikson Board Member | Trustee | 1 | $0 |
Little Wing Lee Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
New York Botanical Garden Composting And Education Programs | 12/30/23 | $292,288 |
Queens Botanical Garden Composting And Education Programs | 12/30/23 | $448,672 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,651,613 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,928,870 |
| Noncash contributions included in lines 1a–1f | $1,604,660 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,580,483 |
| Total Program Service Revenue | $0 |
| Investment income | $15,208 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $58,515 |
| 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 | -$88,425 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,578,901 |
| 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. | $277,434 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,095,060 |
| Pension plan accruals and contributions | $47,332 |
| Other employee benefits | $244,514 |
| Payroll taxes | $207,676 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,368 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $827,030 |
| Advertising and promotion | $13,494 |
| Office expenses | $9,543 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $648,046 |
| Travel | $16,343 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,658 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,956 |
| Insurance | $122,622 |
| All other expenses | $0 |
| Total functional expenses | $5,031,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $701,251 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,542,031 |
| 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 | $198,978 |
| Prepaid expenses and deferred charges | $50,985 |
| Net Land, buildings, and equipment | $98,396 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,769,407 |
| Total assets | $8,361,048 |
| Accounts payable and accrued expenses | $564,573 |
| Grants payable | $0 |
| Deferred revenue | $19,595 |
| 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 | $180,111 |
| Other liabilities | $6,261,014 |
| Total liabilities | $7,025,293 |
| Net assets without donor restrictions | $1,085,755 |
| Net assets with donor restrictions | $250,000 |
| 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 | $8,361,048 |