Blacksmith Institute Inc
- Assets
- $13.5m
- Revenue
- $10.5m
- Investments
- $0.0
- Employees
- 29
- Location
- New York, NY
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 13-4075779
Organization Overview
Blacksmith Institute Inc, operating under the name Pure Earth Toxic Free World, is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (Q02) the organization is classified as: Management & Technical Assistance, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Pure Earth Toxic Free World employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pure Earth Toxic Free World 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, Pure Earth Toxic Free World generated $10.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $6.0m during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
DEDICATED TO SOLVING LIFE-THREATENING POLLUTION ISSUES IN THE DEVELOPING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S OBJECTIVE IS TO ENSURE THAT WE PROVIDE A CLEAN AND HOSPITABLE PLACE FOR FUTURE GENERATIONS. OUR FOCUS IS ON POLLUTION-RELATED PROBLEMS IN DEVELOPING COUNTRIES IN PARTICULAR. WE PROVIDE STRATEGIC, TECHNICAL AND FINANCIAL SUPPORT TO LOCAL CHAMPIONS OF ORGANIZATIONS IN DEVELOPING COUNTRIES AS THEY STRIVE TO SOLVE SPECIFIC POLLUTION-RELATED ENVIRONMENTAL ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Fuller Chief Executive Officer | OfficerTrustee | 40 | $208,654 |
Mark Schnellbaecher Chief Operating Officer | Officer | 40 | $202,959 |
Carol Sumkin Chief Development Officer | Officer | 40 | $195,141 |
Gordon Binkhorst Senior Technical Advisor | 40 | $141,128 | |
Andrew Mccartor Vp, Strategy And Partnerships | 40 | $119,231 | |
Angela Bernhardt Vp, Communications | 40 | $119,231 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $214,095 |
| Related organizations | $0 |
| Government grants | $667,793 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,572,665 |
| Noncash contributions included in lines 1a–1f | $38,206 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,454,553 |
| Total Program Service Revenue | $102,825 |
| Investment income | $46 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $46 |
| Net Income from Fundraising Events | -$45,262 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,512,947 |
| 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 | $293,873 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $728,521 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,525,636 |
| Pension plan accruals and contributions | $7,769 |
| Other employee benefits | $14,347 |
| Payroll taxes | $162,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,003 |
| Fees for services: Accounting | $417,122 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,700,128 |
| Advertising and promotion | $5,148 |
| Office expenses | $275,792 |
| Information technology | $150,340 |
| Royalties | $0 |
| Occupancy | $241,758 |
| Travel | $144,113 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $94,419 |
| Interest | $33 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $97,895 |
| Insurance | $29,444 |
| All other expenses | $65,138 |
| Total functional expenses | $5,966,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,213,302 |
| Savings and temporary cash investments | $3,543,172 |
| Pledges and grants receivable | $5,708,052 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,269 |
| Prepaid expenses and deferred charges | $558,122 |
| Net Land, buildings, and equipment | $416,628 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $65,009 |
| Total assets | $13,522,554 |
| Accounts payable and accrued expenses | $477,545 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $477,545 |
| Net assets without donor restrictions | $404,892 |
| Net assets with donor restrictions | $12,640,117 |
| 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 | $13,522,554 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Blacksmith Institute Inc has recieved totaling $302,339.
| Awarding Organization | Amount |
|---|---|
The Clear Fund Oakland, CA PURPOSE: OPERATING SUPPORT | $200,000 |
Shelby Cullom Davis Charitable Fund Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $27,314 |
Kasowitz Family Foundation Inc New York, NY PURPOSE: UNRESTRICTED CHARITABLE USE | $15,600 |
Amalgamated Charitable Foundation Inc Washington, DC PURPOSE: General operating support | $9,375 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Natural Resource Governance Institute New York, NY | $14,008,744 | $16,040,831 |
Blacksmith Institute Inc New York, NY | $13,522,554 | $10,512,947 |
Articlegroup Org Inc Brooklyn, NY | $1,374,310 | $2,181,406 |
Jewish Home Lifecare Community Services New York, NY | $545,047 | $487,228 |
People-Oriented Cities Inc Brooklyn, NY | $74,427 | $0 |
Life Transformation Foundation International Royersford, PA | $96,656 | $0 |
Enlightened World Foundation West Conshohocken, PA | $1,533,008 | $70,000 |
International Management Development Association Palmyra, PA | $165,645 | $0 |
The Nbi Foundation Inc Valhalla, NY | $0 | $0 |