Ellen Macarthur Foundation Usa Inc
- Assets
- $809.8k
- Revenue
- $654.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Los Angeles, CA
- Founding
- 05/2016
- Data as of
- 08/2021
- EIN
- 47-4574639
Organization Overview
Ellen Macarthur Foundation Usa Inc is located in Los Angeles, CA. The organization was established in 2016. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 08/2021, Ellen Macarthur Foundation USA Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ellen Macarthur Foundation USA 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 08/2021, Ellen Macarthur Foundation USA Inc generated $654.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $530.8k during the year ending 08/2021. While expenses have increased by 10.2% per year over the past 5 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
THE ELLEN MACARTHUR FOUNDATION USA, INC. WORKS WITH LEADERS IN BUSINESS, GOVERNMENT AND ACADEMIA TO PROMOTE THE DEVELOPMENT OF THE CIRCULAR ECONOMY CONCEPT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NETWORK PROGRAM (FORMERLY CE 100 PROGRAM) IS A BROAD MEMBERSHIP PLATFORM THAT CONVENES BUSINESSES, EDUCATORS, GOVERNMENTS, AND CITIES TO CATALYZE THEM INTO TAKING ACTION TOWARDS A CIRCULAR ECONOMY. THIS PLATFORM IS BASED ON THE IDEA THAT INDIVIDUAL ENTITIES WILL NOT BE ABLE TO CHANGE THE ECONOMY. IT WILL REQUIRE SIGNIFICANT PRE-COMPETITIVE COLLABORATION AND SYSTEMIC SOLUTIONS THAT DIFFERENT STAKEHOLDERS CAN ENGAGE AROUND. THE PLATFORM AIMS TO BUILD A FORMAL MEMBERSHIP OF 100 ENTITIES OVER THE NEXT THREE YEARS, WITH A BALANCE ACROSS BUSINESS, EDUCATION AND REGULATORY BODIES. THE PROGRAM OF ACTIVITY INCLUDES: - WORKSHOPS WHERE MEMBERS CAN BRING REPRESENTATIVES TO WORK WITH OTHERS TO DEVELOP SOLUTIONS AROUND SPECIFIC OBSTACLES THAT EXIST IN MOVING TOWARDS A CIRCULAR ECONOMY. 265 REPRESENTATIVES FROM THE DIFFERENT MEMBER GROUPS ATTENDED THE TWO WORKSHOPS THAT WERE HELD ONLINE DURING THE TAX YEAR DUE TO COVID-19 RESTRICTIONS. - GENERATION OF MARKET INSIGHT AND RESEARCH AROUND KEY TOPICS TO PROVIDE PROOF POINTS FOR MEMBERS SEEKING TO MOVE TOWARDS A CIRCULAR ECONOMY. - PROJECT MANAGEMENT OF ONGOING PROJECTS IN WHICH NETWORK PROGRAM MEMBERS PARTICIPATE THAT GENERATE CASE STUDIES AND POINTS-OF-VIEW ON ELEMENTS OF THE CIRCULAR ECONOMY.
THE FOUNDATION WORKS IN-DEPTH WITH A SMALL NUMBER OF BUSINESSES THAT ARE SEEKING TO MOVE TOWARD A CIRCULAR FRAMEWORK. THE FOUNDATION PARTNERS WITH THESE BUSINESSES AND PROVIDES A DEDICATED RELATIONSHIP MANAGER TO THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darien Sturges Global Partnerships Manager | 40 | $104,358 | |
Michael Lebovitz Secretary/director | OfficerTrustee | 5 | $0 |
Andrew Morlet President/treasurer/director | OfficerTrustee | 5 | $0 |
Scott Seydel Director | Trustee | 5 | $0 |
Marty Neese Director | Trustee | 5 | $0 |
Nabil Nasr Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $568,320 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,135 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $654,455 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $654,455 |
| 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 | $75,000 |
| 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 | $328,746 |
| Pension plan accruals and contributions | $7,532 |
| Other employee benefits | $20,352 |
| Payroll taxes | $26,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,441 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,601 |
| Advertising and promotion | $0 |
| Office expenses | $3,697 |
| Information technology | $374 |
| Royalties | $0 |
| Occupancy | $15,531 |
| Travel | $1,592 |
| 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 | $624 |
| Insurance | $9,646 |
| All other expenses | $10 |
| Total functional expenses | $530,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $796,555 |
| 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 | $7,592 |
| Net Land, buildings, and equipment | $2,959 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,669 |
| Total assets | $809,775 |
| Accounts payable and accrued expenses | $3,038 |
| Grants payable | $0 |
| Deferred revenue | $45,000 |
| 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 | $409 |
| Total liabilities | $48,447 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $761,328 |
| Total liabilities and net assets/fund balances | $809,775 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ellen Macarthur Foundation Usa Inc has recieved totaling $22,040.
| Awarding Organization | Amount |
|---|---|
Lkq Community Foundation Chicago, IL PURPOSE: GENERAL CHARITABLE PURPOSE | $12,040 |
Paul B And Mildred Seydel Foundation Inc Atlanta, GA PURPOSE: GENEERAL FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Foundation San Francisco, CA | $136,274,072 | $130,699,963 |
The Chicago School - California Inc Los Angeles, CA | $127,785,110 | $98,235,232 |
Social Good Fund Richmond, CA | $64,387,201 | $85,650,973 |
Avid Center San Diego, CA | $134,506,037 | $61,146,519 |
Khan Academy Inc Mountain View, CA | $115,035,528 | $59,263,743 |
California School Employees Association San Jose, CA | $160,720,307 | $80,296,309 |
Prager University Foundation Sherman Oaks, CA | $86,724,321 | $65,499,557 |
The Oakland Public Education Fund Oakland, CA | $29,835,630 | $28,210,005 |
Unicare Community Health Center Inc Ontario, CA | $12,734,998 | $31,780,162 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
University Studies Abroad Consortium Reno, NV | $41,233,258 | $28,044,577 |
Califa Group San Francisco, CA | $13,975,341 | $20,958,873 |