Corenewal
- Assets
- $248.9k
- Revenue
- $323.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 12/2013
- Data as of
- 12/2022
- EIN
- 45-4660185
Organization Overview
Corenewal is located in Irvine, CA. The organization was established in 2013. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corenewal is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CORENEWAL (FORMERLY KNOWN AS AMAZON MYCORENEWAL PROJECT) IS A 501(C)3 NONPROFIT ORGANIZATION DEDICATED TO PROVIDING EDUCATION AND RESEARCH IN ECOSYSTEM RESTORATION, HEALTH AND HEALING, AND SUSTAINABLE COMMUNITY DYNAMICS. CORENEWAL IS ORGANIZED EXCLUSIVELY TO CONDUCT THESE ACTIVITIES: FACILITATE RESEARCH, DEVELOPMENT, AND IMPLEMENTATION OF SOLUTIONS SUPPORTING ECOSYSTEM RESILIENCE; EVALUATE AND AMELIORATE THE IMPACTS OF ENVIRONMENTAL QUALITY ON INDIVIDUAL AND COMMUNITY HEALTH; ENGAGE IN EDUCATION, CAREER-BUILDING, AND RESEARCH-ORIENTED PROGRAMS PERTAINING TO ECOLOGY AND SUSTAINABLE COMMUNITY DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT GLOBAL CHANGE EXPERIMENTS AND PROCESS SOIL. SET UP 5 EXPERIMENTAL PLOTS ALONG A CLIMATE GRADIENT OF BURN SCARS AND PROCESSED SOILS FROM ALL EXPERIMENTAL PLOTS AND UNBURNED REFERENCE ECOSYSTEMS. ALSO PROCESSED SOILS FROM OTHER RESEARCH INITIATIVES, SUCH AS THE POST-FIRE BIOFILTRATION INITIATIVE.
FUNGI AND SOIL CHARACTERIZATION IN POLLUTED AND RESTORED SYSTEMS. CHARACTERIZED FUNGI AND SOILS FROM CONTAMINATED SITES IN LOS ANGELES, INCLUDING BROWNFIELD SITES CONTAMINATED WITH METALS TO WORK TOWARDS FUNGI AND HEAVY METALS RESEARCH INITIATIVE; WORKED TO CHARACTERIZE MICROBES AND SOILS IN DEGRADED AND POLLUTED ECOSYSTEMS THROUGHOUT CALIFORNIA.
EDUCATION AND RESEARCH COMMITTEES. ORGANIZATIONAL DEVELOPMENT WITH REGENERATE CHANGE. HELD COLLECTIVE MEETINGS WITH ALL MEMBERS, BOARD OF DIRECTORS, AND SCIENCE COMMITTEES. HOSTED IN-PERSON RETREAT. DISTRIBUTED EDUCATIONAL MATERIALS, ART BUNDLES, AND THANK YOU GIFTS TO VOLUNTEERS AND DONORS. HOSTED 8 EDUCATIONAL WORK PARTIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aishwarya Veerabahu Secretary | Officer | 7 | $8,296 |
Mia Maltz Director | Trustee | 11 | $4,632 |
Brianna Weston CFO | Officer | 5 | $3,500 |
Brendan Obrien CEO | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $323,783 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $323,783 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $323,783 |
| 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 | $38,928 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $201 |
| Office expenses | $106 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,613 |
| 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 | $0 |
| Insurance | $750 |
| All other expenses | $629 |
| Total functional expenses | $98,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,800 |
| Savings and temporary cash investments | $100 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $248,900 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $224,674 |
| Net assets with donor restrictions | $24,226 |
| 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 | $248,900 |