American Sustainable Business Council Inc
- Assets
- $124.2k
- Revenue
- $582.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 45-2387029
Organization Overview
American Sustainable Business Council Inc is located in Washington, DC. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Sustainable Business Council Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, American Sustainable Business Council Inc generated $582.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $334.5k during the year ending 12/2022. While expenses have increased by 19.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF AMERICAN SUSTAINABLE BUSINESS COUNCIL IS TO ADVANCE POLICIES THAT FOSTER A VIBRANT, JUST, AND SUSTAINABLE ECONOMY. WE DO THIS IN TWO WAYS: FIRST, WE RESEARCH AND COMMUNICATE TO BUSINESSES, POLICY MAKERS, AND THE MEDIA HOW A SUSTAINABLE ECONOMY BASED ON BROAD PROSPERITY IS GOOD FOR BUSINESS AND GOOD FOR AMERICA. SECOND, WE PROVIDE A PLATFORM THAT ENABLES BUSINESSES AND BUSINESS ASSOCIATIONS TO ENGAGE EXECUTIVES, OWNERS, INVESTORS, ENTREPRENEURS, AND OTHER BUSINESS PROFESSIONALS IN THE PUBLIC DEBATE.
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE USE AND RECOGNITION OF SUSTAINABLE, SOCIALLY RESPONSIBLE, AND ENVIRONMENTALLY BENEFICIAL BUSINESS PRACTICES; TO ADVOCATE FOR THE ADOPTION OF PUBLIC POLICIES, STANDARDS, AND PRACTICES BY WHICH SUSTAINABILITY AND CORPORATE SOCIAL RESPONSIBILITY CAN BE IMPLEMENTED ON A LARGE SCALE WITHIN THE U.S. AND AROUND THE WORLD; TO COMMUNICATE AND COOPERATE WITH OTHER ORGANIZATIONS AND ASSOCIATIONS IN ORDER TO EXCHANGE INFORMATION AND IDEAS AND TO FOSTER ACTIVITY IN FURTHERANCE OF THE FOREGOING; AND TO DO ANY OTHER ACT OR THING INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF, BUT NOT FOR THE PECUNIARY PROFIT OR FINANCIAL GAIN OF ITS MEMBERS, DIRECTORS OR OFFICERS.
TO PROMOTE THE USE AND RECOGNITION OF SUSTAINABLE, SOCIALLY RESPONSIBLE, AND ENVIRONMENTALLY BENEFICIAL BUSINESS PRACTICES; TO ADVOCATE FOR THE ADOPTION OF PUBLIC POLICIES, STANDARDS, AND PRACTICES BY WHICH SUSTAINABILITY AND CORPORATE SOCIAL RESPONSIBILITY CAN BE IMPLEMENTED ON A LARGE SCALE WITHIN THE U.S. AND AROUND THE WORLD; TO COMMUNICATE AND COOPERATE WITH OTHER ORGANIZATIONS AND ASSOCIATIONS IN ORDER TO EXCHANGE INFORMATION AND IDEAS AND TO FOSTER ACTIVITY IN FURTHERANCE OF THE FOREGOING; AND TO DO ANY OTHER ACT OR THING INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF, BUT NOT FOR THE PECUNIARY PROFIT OR FINANCIAL GAIN OF ITS MEMBERS, DIRECTORS OR OFFICERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Mccardell Secretary | 0 | $0 | |
Joey Bergstein Director | 0 | $0 | |
Susan Inglis Director | 0 | $0 | |
Chris Lu Director | 0 | $0 | |
David Levine CEO | 0 | $0 | |
Jeffrey Hollender Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $579,780 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,173 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $581,953 |
| Total Program Service Revenue | $0 |
| Investment income | $177 |
| 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 | $582,138 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $160,763 |
| Pension plan accruals and contributions | $2,697 |
| Other employee benefits | $3,886 |
| Payroll taxes | $13,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,813 |
| Office expenses | $83 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,806 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $122 |
| Insurance | $1,012 |
| All other expenses | $4,843 |
| Total functional expenses | $334,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,672 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $30 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,461 |
| Total assets | $124,163 |
| Accounts payable and accrued expenses | $5,000 |
| 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 | $5,000 |
| Net assets without donor restrictions | $119,163 |
| 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 | $124,163 |