Overview
What is Ellen Macarthur Foundation Usa Inc?
Ellen Macarthur Foundation Usa Inc, located in New York City, is a nonprofit organization committed to fostering collaboration among businesses, educators, governments, and cities to drive the transition towards a circular economy. The network program, previously known as CE 100, aims to bring together 100 entities over three years, balancing representation from various sectors. Their activities include hosting workshops to tackle specific challenges in transitioning to a circular economy, generating market insights and research, and managing ongoing projects that create case studies and perspectives on circular economy elements. With a team of four individuals, Ellen Macarthur Foundation Usa Inc collaborates with the Ellen Macarthur Foundation to promote the circular economy concept in the United States.
Official website here: www.ellenmacarthurfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 26%, Zero-Star out of Four Star rating. This rating reflects significant concerns regarding the accountability and financial practices of the Ellen Macarthur Foundation USA Inc. The low score indicates that the organization may not meet the expected standards of transparency and governance that are crucial for donor trust and effective nonprofit operation.
The evaluation highlights several deficiencies, particularly in areas such as board independence and financial statement availability. The foundation received no points for having a majority of independent board members and for its independent board size, suggesting a lack of oversight. Additionally, the organization scored poorly on its financial statement metrics, which raises questions about its financial health and operational effectiveness.
Despite these weaknesses, the foundation does have policies in place for conflict of interest, whistleblower protection, and document retention, scoring full points in these areas. However, the overall lack of accountability measures, particularly in financial transparency, can be a cause for concern for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ellen Macarthur Foundation Usa Inc legitimate?
Ellen Macarthur Foundation Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ellen Macarthur Foundation 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: $181,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $225,563
For more financial information, click here
Official website here: www.ellenmacarthurfoundation.org
What is the mission statement of Ellen Macarthur Foundation Usa Inc?
The Ellen MacArthur Foundation USA, Inc. is an organization that collaborates with leaders in business, government, and academia to promote the concept of a circular economy. Its mission, in line with the Ellen MacArthur Foundation (EMF), is to extend the activities of the EMF in the United States. By working together, EMF USA aims to foster the development of a circular economy concept in the United States, engaging various stakeholders through pre-competitive collaboration and systemic solutions. The network program, previously known as the CE 100 program, is a membership platform that encourages action towards a circular economy. Over the next three years, the platform aims to build a formal membership of 100 entities, balancing across business, education, and regulatory bodies. The program includes workshops, market insight and research, and project management of ongoing projects to generate case studies and insights on the circular economy.
Official website here: www.ellenmacarthurfoundation.org
Who is the CEO of Ellen Macarthur Foundation Usa Inc?
Andrew Morlet is the President/Treasurer/Director of Ellen Macarthur Foundation Usa Inc.
Official website here: www.ellenmacarthurfoundation.org
What is the revenue of Ellen Macarthur Foundation Usa Inc?
Ellen Macarthur Foundation Usa Inc's revenue in 2022 was $164,944.
Official website here: www.ellenmacarthurfoundation.org
Who are the executives of Ellen Macarthur Foundation Usa Inc and what are their salaries?
The average compensation at Ellen Macarthur Foundation Usa Inc during 2022 was $101,782. There are 4 employees at Ellen Macarthur Foundation Usa Inc.
Here are 6 key members and their salaries:
- Compensation: $175,729
- Related: $0
- Other: $12,175
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ellenmacarthurfoundation.org
Where can I find the form 990 for Ellen Macarthur Foundation Usa Inc?
Ellen Macarthur Foundation Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ellenmacarthurfoundation.org
Learn more at the official website: www.ellenmacarthurfoundation.org
Mission Statement of Ellen Macarthur Foundation Usa Inc
Ellen Macarthur Foundation USA, Inc. is an organization dedicated to promoting the concept of a circular economy. Its mission is to collaborate with leaders in the fields of business, government, and academia to advance this concept in the United States. By working alongside the Ellen Macarthur Foundation (EMF), EMF USA aims to facilitate collaboration among various stakeholders, recognizing that individual entities cannot transform the economy alone. The organization aspires to create a formal membership of 100 entities, balancing representation across business, education, and regulatory bodies, to drive systemic solutions towards a circular economy. Through workshops, market insight and research, and ongoing projects, EMF USA facilitates pre-competitive collaboration and generates case studies to support its members in their transition towards a circular economy.
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Impact
October, 2024
Ellen Macarthur Foundation USA Inc significantly influences the advancement of the circular economy in the United States by collaborating with leaders across business, government, and academia. The organization fosters a comprehensive network that promotes systemic solutions and encourages pre-competitive collaboration among various stakeholders.
Through its network program, formerly known as the CE 100 program, it facilitates workshops that enable members to tackle specific challenges in transitioning towards a circular economy. With participation from 265 representatives in recent online workshops, the foundation effectively catalyzes action and problem-solving among diverse entities.
Additionally, the Ellen Macarthur Foundation USA conducts valuable market research and generates insights that serve as proof points for members aiming to adopt circular economy practices. By managing ongoing projects and creating case studies, the organization provides a rich repository of knowledge that informs decision-making and strategic initiatives within its network.
Overall, the foundation plays a critical role in establishing a collaborative ecosystem that empowers various sectors to shift towards sustainable economic models, ultimately contributing to environmental resilience and resource efficiency in the U.S.
This information is meant to be a general summary of Ellen Macarthur Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $164,944
Assets and Liabilities:
- Total Assets: $329,359
- Total Liabilities: $6,383
- Net Assets: $322,976
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Organization Details
Founding Year
2015
Phone
(310) 594-5475Principal Officer
Andrew Morlet
Main Address
228 Park Ave S Suite 32053, NEW YORK, NY, 10003
NTEE Category
Code: B99 - Education
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