Center For A Humane Economy Inc
- Assets
- $2.5m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 19
- Location
- Bethesda, MD
- Founding
- 07/2019
- Data as of
- 10/2023
- EIN
- 83-2620507
Organization Overview
Center For A Humane Economy Inc is located in Bethesda, MD. The organization was established in 2019. According to its NTEE Classification (D05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Animal-Related and related organizations. As of 10/2023, Center For A Humane Economy Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For A Humane Economy 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 10/2023, Center For A Humane Economy Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.2% each year . All expenses for the organization totaled $2.3m during the year ending 10/2023. 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
THE CENTER IS THE FIRST NON-PROFIT ANIMAL WELFARE ORGANIZATION THAT FOCUSES ON INFLUENCING THE CONDUCT OF CORPORATIONS TO FORGE A HUMANE ECONOMIC ORDER. THE CENTER ENCOURAGES CORPORATIONS TO EMBRACE ANIMAL WELFARE AS A CORE PART OF THEIR COMMITMENT TO SOCIAL RESPONSIBILITY, BY PROMOTING REFORMS IN PURCHASING PRACTICES, RESEARCH AND DEVELOPMENT PROGRAMS, AND OTHER OPERATIONS THAT RECOGNIZE ANIMAL WELFARE IMPERATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
*KANGAROOS ARE NOT SHOES - SUCCEEDED IN HALTING USE OF KANGAROO SKINS FOR CLEATS ON ATHLETIC SHOES MADEBY PUMA, NIKE AND NEW BALANCE*MODERNIZE TESTING - CONTINUED TO PROPEL CHANGES IN BIGGEST CATEGORY OF ANIMAL TESTING - SCREENING OF DRUGS - BY USING NON-ANIMAL PROTOCOLS*CREATE A CAGE- FREE FUTURE - CONTINUED TO PUSH FOR GIVING FARM ANIMALS ROOM TO MOVE ABOUT FREELY *ANIMAL FIGHTING IS THE PITS - CONTINUED TO WORK TO SHUT DOWN COCK FIGHTING AND DOG FIGHTING*KEEP HORSES IN THE STABLE AND OFF THE TABLE - PUSHED FOR BANNING HORSE SLAUGHTER FOR HUMAN CONSUMPTION*CATS AREN'T TROPHIES - BEGAN INITIATIVE IN COLORADO TO SUPPORT BALLOT MEASURE IN 2024 ELECTION TO BANHUNTING AND TRAPPING OF MOUNTAIN LIONS, BOBCATS AND LYNX*GETTING THE LEAD OUT - ADVOCATED FOR LIMITING USE OF LEAD AMMO IN HUNTING*DUNKING THE MILK MANDATE - CAMPAIGNED TO END SCHOOL MILK MANDATE AND REPLACE COWS' MILK WITH SOY MILK FOR LACTOSE INTOLERANT CHILDREN*NO DOPING IN RACING - PRODDED THE HORSERACING INTEGRITY AND SAFETY AUTHORITY TO PROMOTE SAFETY OF HORSES ON RACE TRACKS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerard Boss Director | Trustee | 3 | $0 |
Cynthia Griffin Director | Trustee | 3 | $0 |
Sherry Kellett Director | Trustee | 20 | $0 |
Marian Probst Director | Trustee | 2 | $0 |
Muriel Van Housen Director | Trustee | 5 | $0 |
Rene Tatro Director | Trustee | 3 | $0 |
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 | $2,308,789 |
| Noncash contributions included in lines 1a–1f | $567,801 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,308,789 |
| Total Program Service Revenue | $214,366 |
| Investment income | $52,854 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,888 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,578,897 |
| 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. | $44,200 |
| Compensation of current officers, directors, key employees. | $2,210 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,161,584 |
| Pension plan accruals and contributions | $20,508 |
| Other employee benefits | $53,437 |
| Payroll taxes | $97,724 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $52,734 |
| Fees for services: Accounting | $11,675 |
| Fees for services: Lobbying | $136,964 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $229,400 |
| Advertising and promotion | $0 |
| Office expenses | $21,248 |
| Information technology | $28,274 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,176 |
| 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 | $0 |
| Insurance | $7,795 |
| All other expenses | $0 |
| Total functional expenses | $2,331,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $611,223 |
| Savings and temporary cash investments | $1,861,813 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,488 |
| 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 | $6,016 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,534,540 |
| Accounts payable and accrued expenses | $93,099 |
| 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 | $300,000 |
| Other liabilities | $0 |
| Total liabilities | $393,099 |
| Net assets without donor restrictions | $973,935 |
| Net assets with donor restrictions | $1,167,506 |
| 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 | $2,534,540 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Aviary Pittsburgh Inc Pittsburgh, PA | $24,184,006 | $8,653,469 |
Center For A Humane Economy Inc Bethesda, MD | $2,534,540 | $2,578,897 |
Human Animal Bond Research Foundation Washington, DC | $1,225,962 | $1,777,357 |
Fats & Proteins Research Foundation Inc Alexandria, VA | $1,190,705 | $805,805 |
Alkylphenols & Ethoxylates Research Council Inc Washington, DC | $260,405 | $350,182 |
Acvs Foundation Inc Germantown, MD | $5,366,470 | $667,044 |
Center For Pet Safety Reston, VA | $3,425 | $0 |
Mgvp Inc Baltimore, MD | $493,745 | $0 |
Good Nature Institute Newark, DE | $57,673 | $416 |