Responsible Endowments Coalition
- Assets
- $33.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Berkeley, CA
- Founding
- 09/2005
- Data as of
- 12/2019
- EIN
- 20-3257916
Organization Overview
Responsible Endowments Coalition is located in Berkeley, CA. The organization was established in 2005. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2019, Responsible Endowments Coalition employed 10 individuals. Responsible Endowments Coalition 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 12/2019, Responsible Endowments Coalition generated $20.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (45.1%) each year. All expenses for the organization totaled $20.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (47.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
PROMOTING RESPONSIBLE INVESTMENT IN HIGHER EDUCATION AND SUPPORTING STUDENTS,ADMINISTRATORS AND TRUSTEES ON CAMPUSES NATIONWIDE ON THE IMPLEMENTATION OF RESPONSIBLE INVESTMENT PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose Espinola Co-Chairperson | 2 | $0 | |
Annie Mcshiras Co-Chairperson | 2 | $0 | |
Ben Collins Treasurer | 2 | $0 | |
Martin Bourqui Secretary | 2 | $0 | |
Morgan Simon Board Member | 1 | $0 | |
Beth Herz Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,050 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $55 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $168 |
| Total Revenue | $20,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,570 |
| Professional fees and other payments to independent contractors | $3,878 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,742 |
| Total expenses | $20,190 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,196 |
| Other assets | $0 |
| Total assets | $33,643 |
| Total liabilities | $1,843 |
| Net assets or fund balances | $31,800 |