Earthworm Inc
- Assets
- $387.6k
- Revenue
- $439.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Somerville, MA
- Founding
- 03/1975
- Data as of
- 12/2021
- EIN
- 23-7435490
Organization Overview
Earthworm Inc, operating under the name The Greater Boston Recyclers, is located in Somerville, MA. The organization was established in 1975. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2021, Greater Boston Recyclers employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Boston Recyclers 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, Greater Boston Recyclers generated $439.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $477.6k during the year ending 12/2021. 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
EARTHWORMS MISSION IS TO PROMOTE RECYCLING IN THE WORKPLACE. WE ACCOMPLISH THIS BY PROVIDING A COLLECTION SERVICE THAT IS EASY FOR FIRST TIME RECYCLERS TO IMPLEMENT. ALSO, BY REDUCING BARRIERS TO RECYCLING THROUGH FRIENDLY ASSISTANCE, FLEXIBLE PROGRAMS AND AFFORDABILITY, EARTHWORM ENABLES SMALL BUSINESSES AND OTHERS WHO ARE UNDERSERVED BY THE PRIVATE SECTOR TO ESTABLISH OFFICE RECYCLING PROGRAMS. EARTHWORM ALSO RECOGNIZES THAT THERE ARE MANY OTHER LOCAL GROUPS WHO ARE WORKING TOWARD SIMILAR GOALS OF CONSERVING NATURAL RESOURCES. EARTHWORM FURTHER PROMOTES RECYCLING THROUGH COLLABORATION, MENTORING AND DIRECT SUPPORT TO THESE GROUPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TWO PROGRAMS AND THE ACHIEVEMENTS FOR THOSE PROGRAMS ARE AS FOLLOWS: DEMONSTRATION OFFICE RECYCLING PROGRAM THROUGH INNOVATIVE AND AFFORDABLE RECYCLING PROGRAMS, THE ORGANIZATION PROVIDES AN IMPORTANT SERVICE TO FIRST TIME RECYCLERS, SMALL BUSINESSES AND OTHERS WHO ARE UNDERSERVED BY THE PRIVATE SECTIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Coyne President | Officer | 40 | $44,474 |
Georganna Woods Clerk | OfficerTrustee | 10 | $3,771 |
Sean Pontani Treasurer | OfficerTrustee | 2 | $0 |
Matthew Demarrais Director | Trustee | 2 | $0 |
Herb Fuller Director | Trustee | 2 | $0 |
Devin Mcguire Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,686 |
| All other contributions, gifts, grants, and similar amounts not included above | $634 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,320 |
| Total Program Service Revenue | $361,889 |
| Investment income | $1,108 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $439,317 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $48,245 |
| Compensation of current officers, directors, key employees. | $10,229 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,845 |
| Pension plan accruals and contributions | $7,871 |
| Other employee benefits | $29,644 |
| Payroll taxes | $15,718 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,509 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,587 |
| Advertising and promotion | $100 |
| Office expenses | $851 |
| Information technology | $1,706 |
| Royalties | $0 |
| Occupancy | $95,550 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $868 |
| Interest | $104 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,039 |
| Insurance | $39,071 |
| All other expenses | $289 |
| Total functional expenses | $477,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,606 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,933 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,608 |
| Prepaid expenses and deferred charges | $16,805 |
| Net Land, buildings, and equipment | $9,937 |
| Investments—publicly traded securities | $239,734 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,000 |
| Total assets | $387,623 |
| Accounts payable and accrued expenses | $25,744 |
| 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 | $25,568 |
| Total liabilities | $51,312 |
| Net assets without donor restrictions | $336,311 |
| Net assets with donor restrictions | $0 |
| 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 | $387,623 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Furniture Trust Organization Inc Arlington, MA | $739,128 | $7,076,929 |
1 For The Planet Inc Burlington, VT | $13,842,882 | $4,568,518 |
Finger Lakes Reuse Inc Ithaca, NY | $1,994,394 | $3,045,475 |
Fabscrap Inc Brooklyn, NY | $633,771 | $1,218,585 |
Bronx River Alliance Inc Bronx, NY | $1,741,591 | $1,231,886 |
Sure We Can Inc Brooklyn, NY | $493,950 | $1,303,285 |
Stark Mountain Foundation Inc Waitsfield, VT | $715,466 | $539,834 |
Friends Of The Upper Delaware River Hancock, NY | $990,040 | $867,642 |
The Rhode Island Association Of Conservation Districts Johnston, RI | $109,768 | $657,384 |
National Onsite Wastewater Recycling Association Inc Westford, MA | $441,973 | $798,443 |
Student-Led Sustainable Initiatives Inc Dover, NH | $283,956 | $473,396 |
Northeast Recycling Council Brattleboro, VT | $1,206,462 | $754,846 |