Overview
What is Earth Economics?
Earth Economics is a nonprofit organization situated in Tacoma, Washington. Their primary focus lies in quantifying and valuing the benefits that nature provides to communities. As a global leader in science-based economics, they develop practical, collaborative solutions for investment and policy decisions that mitigate risk, add value, and increase resilience. Their domestic program offers three services: education and awareness building, place-based project analyses, and expert guidance on funding mechanisms to protect and expand natural capital and green infrastructure within the United States and its territories. With a workforce of 17 dedicated individuals, Earth Economics aims to help communities make informed decisions that prioritize environmental sustainability and long-term resilience.
Official website here: www.eartheconomics.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Earth Economics has received a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and finance, with an impressive score of 83 in this area. The organization boasts a fully independent board and has received high marks for its financial transparency, including a perfect score in documenting board meetings and maintaining policies for conflict of interest and whistleblower protections. However, its program expense ratio of 56.46% suggests that there may be room for improvement in directing more resources towards its programs.
User feedback from Great Nonprofits highlights the valuable work Earth Economics does in exploring and articulating the economic impacts of natural resources. A volunteer noted the engaging nature of the organization's research and its positive working environment, emphasizing the interesting topics that are tackled by the team. Such testimonials indicate a strong sense of community and purpose within the organization.
While Earth Economics has demonstrated strong leadership qualities and adaptability with perfect scores in those areas, the program expense ratio points to potential concerns about its allocation of resources. Overall, the nonprofit appears to be effectively managing its operations while making significant contributions to the understanding of ecological economics.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Earth Economics legitimate?
Earth Economics is a legitimate nonprofit organization registered as a 501(c)(3) entity. Earth Economics submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $173,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $667,728
For more financial information, click here
Official website here: www.eartheconomics.org
What is the mission statement of Earth Economics?
Earth Economics is focused on quantifying and valuing the benefits that nature provides to communities. As a global leader in science-based economics, they develop practical, collaborative solutions for investment and policy decisions that mitigate risk, add value, and increase resilience. Their mission involves creating pragmatic strategies to protect and expand natural capital and green infrastructure, both domestically and internationally. Their domestic program offers education and awareness building, place-based project analyses, and expert guidance on funding mechanisms. The goal is to help communities make informed decisions that prioritize and preserve their natural resources.
Official website here: www.eartheconomics.org
Who is the CEO of Earth Economics?
Nan Mckay is the Executive Di of Earth Economics.
Official website here: www.eartheconomics.org
What is the revenue of Earth Economics?
Earth Economics's revenue in 2022 was $1,260,194.
Official website here: www.eartheconomics.org
Who are the executives of Earth Economics and what are their salaries?
The average compensation at Earth Economics during 2022 was $49,505. There are 17 employees and 11 volunteers at Earth Economics.
Here are 9 key members and their salaries:
- Compensation: $160,292
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- Other: $13,558
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- Other: $0
Official website here: www.eartheconomics.org
Where can I find the form 990 for Earth Economics?
Earth Economics's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eartheconomics.org
Learn more at the official website: www.eartheconomics.org
Mission Statement of Earth Economics
Earth Economics, a global leader in science-based economics, is dedicated to quantifying and valuing the benefits nature provides to communities. The organization's mission is to develop pragmatic, collaborative solutions for investment and policy decisions that mitigate risk, add value, and increase resilience.
In essence, Earth Economics aims to highlight the economic importance of nature and natural resources. They offer a range of services, including education and awareness building, place-based project analyses, and expert guidance on funding mechanisms to protect and expand natural capital and green infrastructure within the United States and its territories. Their domestic program is designed to help communities understand the economic benefits of preserving nature and make informed decisions to invest in its protection.
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Impact
June, 2024
Earth Economics quantifies and values the benefits nature provides to communities. As a global leader in science-based economics, it develops pragmatic, collaborative solutions for investment and policy decisions that mitigate risk, add value, and increase resilience. Its domestic program offers education and awareness building, place-based project analyses, and expert guidance on funding mechanisms to protect and expand natural capital and green infrastructure within the United States and its territories. The organization is based in Tacoma, WA.
This information is meant to be a general summary of Earth Economics. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $579
- Program Service Revenue: $549,437
- Gross Receipts: $1,260,194
Assets and Liabilities:
- Total Assets: $1,084,801
- Total Liabilities: $259,545
- Net Assets: $825,256
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT FEES
Revenue
$549,437
Organization Details
Founding Year
2004
Phone
(253) 539-4801Principal Officer
Nan Mckay
Main Address
1102 A STREET PMB 321, TACOMA, WA, 98402
Website
www.eartheconomics.orgNTEE Category
Code: C052 - Environment
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