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Cool Earth Action Usa Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263688173 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cool Earth Action Usa Inc?

Cool Earth Action U.S.A. is a charitable organization that collaborates with indigenous communities to combat rainforest devastation. By fostering local economic opportunities, their ultimate goal is to break the cycle of deforestation that traps villages in persistent poverty. At present, they are in the process of identifying suitable program services and potential grantees, with a board vote scheduled for June. The organization's mission is to empower these communities to preserve their environment and improve their living conditions.


Official website here: www.coolearth.org/us-tax-exemption-for-donations-to-cool-earth/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (71%, Two-Star out of Four Stars)

Cool Earth Action USA Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement. While the organization excels in several areas such as impact measurement (98%) and leadership adaptability (100%), it scored significantly lower in accountability and finance (45%). This disparity suggests that while the organization is effective in its mission, there may be concerns regarding its financial health and operational transparency.

Despite the concerns in financial metrics, Cool Earth Action demonstrates strong community engagement, with a culture and community score of 95%. The organization has a fully independent board and maintains comprehensive policies regarding conflicts of interest and whistleblower protections, which reflects a commitment to ethical governance. The board's independence and the absence of material asset diversion enhance trust in its operations.

On the downside, the organization reported a program expense ratio of 0.00%, which raises questions about the allocation of funds toward its programs. This lack of program spending in relation to its overall expenses could hinder its sustainability and efficacy in achieving its goals. Overall, while Cool Earth Action shows remarkable strengths in leadership and community involvement, its financial practices warrant closer scrutiny.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Cool Earth Action Usa Inc?

86% of 27 reviewers on Facebook recommend Cool Earth Action USA Inc. Here is a summary of their reviews:

Many commenters highlight the organization’s strong commitment to environmental protection and preserving wilderness areas. Supporters appreciate the proactive approach that Cool Earth Action takes in its efforts, indicating that the nonprofit effectively works towards its mission.

Overall, the sentiment is positive, with users feeling confident in their decision to support this charity. Many believe that their donations play a significant role in promoting conservation efforts, making them feel that their contributions are impactful and meaningful.


This AI summary has been generated from reviews found on Facebook.

Is Cool Earth Action Usa Inc legitimate?

Cool Earth Action Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cool Earth Action Usa Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.coolearth.org/us-tax-exemption-for-donations-to-cool-earth/

What is the mission statement of Cool Earth Action Usa Inc?

Cool Earth Action USA is a charitable organization that partners with indigenous communities to halt rainforest destruction. Their mission is to break the cycle of deforestation that traps these villages in poverty by developing sustainable local livelihoods. At present, they are in the process of identifying potential grantees and suitable program service options, which will be voted on by the board in June.


Official website here: www.coolearth.org/us-tax-exemption-for-donations-to-cool-earth/

Who is the CEO of Cool Earth Action Usa Inc?

Stephen Brodbar is the Director of Cool Earth Action Usa Inc.


Official website here: www.coolearth.org/us-tax-exemption-for-donations-to-cool-earth/

What is the revenue of Cool Earth Action Usa Inc?

Cool Earth Action Usa Inc's revenue in 2023 was $1,138,683.


Official website here: www.coolearth.org/us-tax-exemption-for-donations-to-cool-earth/

Who are the executives of Cool Earth Action Usa Inc and what are their salaries?


Here are 3 key members and their salaries:


Matthew Owen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Brodbar (Director/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jed Freedlander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.coolearth.org/us-tax-exemption-for-donations-to-cool-earth/

Where can I find the form 990 for Cool Earth Action Usa Inc?

Cool Earth Action Usa Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.coolearth.org/us-tax-exemption-for-donations-to-cool-earth/

Mission Statement of Cool Earth Action Usa Inc

Cool Earth Action USA, a charitable organization, is dedicated to working in partnership with indigenous villages to prevent rainforest destruction. Their mission is twofold: halting deforestation and ending the cycle of poverty that often ensnares these communities. By developing sustainable local livelihoods, Cool Earth Action USA aims to break this cycle and secure a future for the villages and the rainforests they call home.

In essence, Cool Earth Action USA is not just a charity, but a force for change. They understand that the destruction of rainforests not only impacts the environment but also the communities that rely on them for their survival. By focusing on the development of local livelihoods, they are not only preserving the rainforests but also empowering the indigenous villages to thrive. In this way, Cool Earth Action USA is not only a protector of the environment but also a champion for the people who call these forests home.

Currently, Cool Earth Action USA is in the process of identifying suitable program service options and potential grantees. These choices will be voted on by the board in June. This shows that Cool Earth Action USA is meticulous in its approach, ensuring that every dollar donated is used effectively and efficiently to achieve its mission. They are not just rushing into action, but carefully considering the best ways to help the indigenous villages they serve.

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Impact




June, 2024

Cool Earth Action USA Inc's impact lies in its dedicated efforts to work alongside indigenous villages to halt rainforest destruction. By developing local livelihoods, the organization aims to put an end to the cycle of deforestation that perpetuates poverty within these communities. Through their mission, Cool Earth Action USA Inc is making a significant contribution towards preserving vital rainforest ecosystems and supporting the sustainable development of indigenous peoples.




This information is meant to be a general summary of Cool Earth Action Usa Inc. 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.

Revenue
$1,138,683 (2023)
Expenses
$105,637 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,138,416
  • Gross Receipts: $1,138,683

Assets and Liabilities:

  • Total Assets: $2,893,742
  • Total Liabilities: $0
  • Net Assets: $2,893,742

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Organization Details

Founding Year

2011

Principal Officer

Stephen Brodbar

Main Address

ONE HANSON PLACE APT 17D, Brooklyn, NY, 11243

NTEE Category

Code: C30 - Environment

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