Sustainable Business Education Initiative Inc
- Assets
- $534.7k
- Revenue
- $832.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Philadelphia, PA
- Founding
- 12/2010
- Data as of
- 09/2023
- EIN
- 27-3473341
Organization Overview
Sustainable Business Education Initiative Inc, operating under the name Sustainable Business Network Of Gre, is located in Philadelphia, PA. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 09/2023, Sustainable Business Network Of Gre employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Business Network Of Gre 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 09/2023, Sustainable Business Network Of Gre generated $832.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $735.7k during the year ending 09/2023. While expenses have increased by 1.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD A JUST, GREEN AND THRIVING ECONOMY IN THE GREATER PHILADELPHIA REGION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUSTAINABLE BUSINESS SERVICES AND SPECIAL PROJECTS: THE SUSTAINABLE BUSINESS NETWORK OF GREATER PHILADELPHIA (SBN) IS A COMMUNITY OF LOCAL INDEPENDENT BUSINESSES THAT DEMONSTRATES THE DEGREE TO WHICH BUSINESSES CAN BUILD PROFITABLE ENTERPRISES WHILE SERVING COMMUNITY NEEDS AND PROTECTING THE ENVIRONMENT. SBN'S MISSION IS TO BUILD A JUST, GREEN AND THRIVING ECONOMY IN THE GREATER PHILADELPHIA REGION. SINCE 2001, SBN HAS BEEN THE REGION'S LEADING ADVOCACY AND MEMBERSHIP ORGANIZATION FOR BUSINESSES COMMITTED TO IMPROVING THEIR ENVIRONMENTAL AND SOCIAL IMPACT AS WELL AS THEIR PROFITABILITY.
MEMBERSHIP SERVICES: SBN OFFERS A VARIETY OF PROGRAMMING TO MEMBERS AND THE BROADER LOCAL BUSINESS COMMUNITY THROUGHOUT THE YEAR: - WE CONNECT MEMBERS WITH EACH OTHER, AS WELL AS DECISION MAKERS, TO EXCHANGE LEARNINGS AND BEST PRACTICES, BOND OVER COMMONALITIES, AND DISCUSS HOW POLICIES AND PROCESSES COULD BETTER SUPPORT THE LOCAL IMPACT ECONOMY THE GROW AND THRIVE. - WE PROMOTE OUR MEMBERS WITHIN AND OUTSIDE OF OUR NETWORK, AS WELL AS THE STRENGTHS OF LOCAL ECONOMY AND TRIPLE BOTTOM LINE PRACTICES. - SBN ADVOCATES ON MEMBERS; BEHALF THROUGHOUT THE YEAR TO ENSURE THAT LOCAL, INDEPENDENTLY-OWNED, AND SOCIALLY AND ENVIRONMENTALLY RESPONSIBLE BUSINESSES ARE FULLY SUPPORTED TO START, GROW, AND THRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nima Etemadi Chair And Tr | OfficerTrustee | 2 | $0 |
Rebecca Davies Finance Comm | Trustee | 2 | $0 |
Noah Glassman Development | Trustee | 2 | $0 |
Jenn Richey Nicholas Development | Trustee | 2 | $0 |
Michael Devuono Governance C | Trustee | 2 | $0 |
Tess Hart Equity Commi | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $124,634 |
| All other contributions, gifts, grants, and similar amounts not included above | $607,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $732,550 |
| Total Program Service Revenue | $95,604 |
| Investment income | $829 |
| 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 | $831,958 |
| 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. | $90,932 |
| Compensation of current officers, directors, key employees. | $37,841 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $197,413 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,784 |
| Payroll taxes | $22,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,463 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $90,111 |
| Advertising and promotion | $3,407 |
| Office expenses | $5,425 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,397 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,172 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,569 |
| Insurance | $3,331 |
| All other expenses | $12,006 |
| Total functional expenses | $735,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,624 |
| Savings and temporary cash investments | $198,890 |
| Pledges and grants receivable | $150,000 |
| Accounts receivable, net | $11,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,304 |
| Net Land, buildings, and equipment | $30,304 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,108 |
| Total assets | $534,730 |
| Accounts payable and accrued expenses | $1,421 |
| 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 | $116,369 |
| Total liabilities | $117,790 |
| Net assets without donor restrictions | $129,823 |
| Net assets with donor restrictions | $287,117 |
| 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 | $534,730 |