EARTHWATCH INSTITUTE INC

EIN: 237168440 501(c)(3) Science & Technology

NEWTON, MA

Total Revenue
$3,851,236
Total Expenses
$5,132,694
Total Assets
$5,190,192
Net Assets
$3,527,052
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
MA
Principal Officer
ELLEN MEYER SHORB
Phone
8007760188
Tax Period
2023-10-01 to 2024-09-30

EARTHWATCH INSTITUTE INC, founded in 1972, is a community nonprofit in the Science & Technology sector that reported $3.9M in total revenue in fiscal year 2023. Expenses of $5.1M exceeded revenue, resulting in a 33% operating deficit.

Mission

EARTHWATCH INSTITUTE CONNECTS PEOPLE WITH SCIENTISTS WORLDWIDE TO CONDUCT ENVIRONMENTAL FIELD RESEARCH AND EMPOWERS THEM WITH THE KNOWLEDGE THEY NEED TO CONSERVE THE PLANET. SINCE ITS FOUNDING IN 1971, EARTHWATCH HAS EMPOWERED OVER 100,000 VOLUNTEERS FROM ALL WALKS OF LIFE TO JOIN LEADING SCIENTISTS ON RESEARCH EXPEDITIONS THAT TACKLE CRITICAL ENVIRONMENTAL CHALLENGES AROUND THE GLOBE - FROM CLIMATE CHANGE TO OCEAN HEALTH, HUMAN-WILDLIFE CONFLICT, AND MORE. EARTHWATCH INVITES PEOPLE FROM ALL SECTORS TO JOIN ITS MISSION, FROM THE PUBLIC TO TEACHERS, STUDENTS, COMPANIES, AND MORE. DURING 2024 WE SUPPORTED MORE THAN 30 RESEARCH PROJECTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,850,184
Program Service Revenue $0
Investment Income $-3,410
Other Revenue $4,462
TOTAL REVENUE $3,851,236

Expense Breakdown

Grants Paid $1,391,491
Salaries & Benefits $2,751,289
Fundraising Expenses $306,205
Program Expenses $3,912,439
Other Expenses $989,914
TOTAL EXPENSES $5,132,694

Year-over-Year Comparison

2023 2022 Change
Revenue $3,851,236 $3,748,873 +0.0%
Expenses $5,132,694 $5,281,493 0.0%
Net Income $-1,281,458 $-1,532,620 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
45
Volunteers
2428

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$246,476
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEISHA JOHN CHAIR 1.00
Officer Director
$0 $0 $0
VITTORIO SEVERINO VICE CHAIR 1.00
Officer Director
$0 $0 $0
GEORGE KEITH FUNSTON TREASURER 1.00
Officer Director
$0 $0 $0
KEVIN BRYAN MEMBER 1.00
Director
$0 $0 $0
AMY BORUN MEMBER 1.00
Director
$0 $0 $0
JUDITH SANTANO MEMBER 1.00
Director
$0 $0 $0
DAVID LANG MEMBER 1.00
Director
$0 $0 $0
ERIN BILLMAN MEMBER 1.00
Director
$0 $0 $0
CHRISTINE REPASY MEMBER (UNTIL 5/2024) 1.00
Director
$0 $0 $0
CAREN COOPER PHD MEMBER 1.00
Director
$0 $0 $0
GILLIAN BOWSER PHD MEMBER 1.00
Director
$0 $0 $0
HAROLD RICKENBACKER PHD MEMBER 1.00
Director
$0 $0 $0
JANE STEINMETZ MEMBER 1.00
Director
$0 $0 $0
CHRIS DYMOND MEMBER 1.00
Director
$0 $0 $0
WILLIAM MOOMAW PHD MEMBER (UNTIL 10/2023) 1.00
Director
$0 $0 $0
DONALD KENDALL JR MEMBER (UNTIL 10/2023) 1.00
Director
$0 $0 $0
GITTE VENICX PRESIDENT/CEO 40.00
Officer
$137,593 $5,504 $143,097
LARRY STAUB CONTROLLER 32.00
Officer
$82,307 $21,072 $103,379
STANLEY RULLMAN DIRETOR OF RESEARCH 40.00
Highest
$100,676 $23,921 $124,597
HEATHER WILCOX DIRECTOR OF ANNUAL & PLANNED GIVING 40.00
Highest
$107,318 $11,635 $118,953
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,851,236 $5,132,694 $5,190,192 $-1,281,458
2023 $3,748,873 $5,281,493 $5,459,513 $-1,532,620
2022 $5,184,296 $5,244,281 $6,080,252 $-59,985
2021 $5,695,996 $3,518,898 $7,504,527 $2,177,098
2020 $4,743,628 $4,255,707 $4,552,694 $487,921
2019 $6,506,846 $7,652,869 $4,567,378 $-1,146,023
2018 $7,496,813 $7,757,123 $5,617,939 $-260,310
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