Sustainability Institute Inc
- Assets
- $207.7k
- Revenue
- $387.4k
- Investments
- $0.0
- Employees
- 17
- Location
- N Charleston, SC
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 58-2474104
Organization Overview
Sustainability Institute Inc is located in N Charleston, SC. The organization was established in 2002. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Sustainability Institute Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainability Institute 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, Sustainability Institute Inc generated $387.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $392.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 7 years. 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
TO EMPOWER OUR REGION'S MOST VULNERABLE COMMUNITIES TO ACHIEVE HOUSING SECURITY, EQUITY, AND CLIMATE RESILIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENVIRONMENTAL CONSERVATION CORPS ECC IS A SERVICE-LEARNING PROGRAM AFFILIATED WITH NATIONAL AMERICORPS THE CORPS NETWORK. IT AIMS TO CREATE THE NEXT GENERATION OF CONSERVATION LEADERS IN OUR COMMUNITY WHILE PROTECTING THE LOCAL PLACES THAT ARE MOST SENSITIVE TO A RAPIDLY CHANGING CLIMATE AND PERFORMING CRITICALLY NEEDED CONSERVATION PROJECTS THAT BUILD RESILIENCY AND QUALITY OF LIFE IN THE COMMUNITIES WE SERVE. THE PROGRAM'S CONSERVATION WORK ENGAGES AT-RISK AND ECONOMICALLY-DISADVANTAGED YOUNG PEOPLE, COLLEGE STUDENTS, GRADUATE STUDENTS, AND VOLUNTEER CITIZEN-SCIENTISTS.
CHARLESTON RISES IS A GREEN BUILDING CERTIFICATION DESIGNED TO ADDRESS THE SPECIFIC GREEN BUILDING NEEDS, PRIORITIES, AND STRATEGIES OF THE SOUTH CAROLINA REGION. IT PROMOTES NEW CONSTRUCTION PROJECTS THAT ARE AT LEAST 30% MORE ENERGY AND WATER EFFICIENT THAN PROJECTS THAT ARE SIMPLY CODE COMPLIANT, AND PROJECTS THAT ARE CONSTRUCTED USING MATERIALS AND PRODUCTS THAT DO NOT ADVERSELY AFFECT THE HEALTH AND WELL-BEING OF BUILDING OCCUPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Cordell Executive Dir. | Officer | 40 | $93,039 |
Rebekah Manci Cordell CFO | Officer | 7 | $12,721 |
Francis Ervin II Esquire Secretary | OfficerTrustee | 2 | $0 |
Ellen Ebner President | OfficerTrustee | 2 | $0 |
George Buell Director | Trustee | 2 | $0 |
Marietta Worthy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $61,878 |
| All other contributions, gifts, grants, and similar amounts not included above | $294,144 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $356,022 |
| Total Program Service Revenue | $31,197 |
| 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 | $387,365 |
| 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. | $101,508 |
| Compensation of current officers, directors, key employees. | $36,972 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,773 |
| Payroll taxes | $22,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,829 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $86,331 |
| Advertising and promotion | $282 |
| Office expenses | $6,629 |
| Information technology | $8,410 |
| Royalties | $0 |
| Occupancy | $20,953 |
| Travel | $2,060 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $214 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,885 |
| Insurance | $10,325 |
| All other expenses | -$40 |
| Total functional expenses | $392,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,889 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $31,500 |
| Accounts receivable, net | $1,577 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,690 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,994 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $207,650 |
| Accounts payable and accrued expenses | $16,842 |
| 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 | $30,844 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $65,981 |
| Other liabilities | $0 |
| Total liabilities | $113,667 |
| Net assets without donor restrictions | $72,026 |
| Net assets with donor restrictions | $21,957 |
| 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 | $207,650 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sustainability Institute Inc has recieved totaling $39,821.
| Awarding Organization | Amount |
|---|---|
Sisters Of Charity Foundation Of South Carolina Cleveland, OH PURPOSE: Social Services | $20,000 |
United States Energy Foundation San Francisco, CA PURPOSE: TO SUPPORT THE ORGANIZATION'S UNANTICIPATED NEEDS. | $10,000 |
Coastal Community Foundation Of South Carolina Inc N Charleston, SC PURPOSE: ENVIRONMENT GRANT | $9,821 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Csra Economic Opportunity Authority Inc Augusta, GA | $4,657,645 | $27,091,304 |
Charleston Area Convention & Visitors Bureau Charleston, SC | $17,210,458 | $29,781,081 |
Neighborhood Improvement Project Inc Augusta, GA | $12,770,161 | $24,738,698 |
Action Pact Inc Waycross, GA | $10,194,672 | $25,026,911 |
Tallatoona Community Action Partnership Inc Cartersville, GA | $2,878,907 | $21,403,724 |
Macon Bibb County Economic Opportunity Council Inc Macon, GA | $9,862,743 | $18,330,804 |
Economic Opportunity For Savannah Chatham County Area Inc Savannah, GA | $8,523,279 | $14,850,530 |
Waccamaw Economic Opportunity Council Inc Conway, SC | $5,439,118 | $14,126,176 |
Coastal Plain Area Economic Opportunity Authority Inc Valdosta, GA | $6,623,534 | $13,801,263 |
Coastal Community Action Inc Newport, NC | $6,264,251 | $13,623,681 |
Aiken Barnwell Counties Community Action Agency Inc Aiken, SC | $1,345,575 | $11,151,502 |
Community Action For Improvement Inc Lagrange, GA | $4,305,950 | $11,116,636 |