AMERICAN SUSTAINABLE BUSINESS NETWORK INC

EIN: 452384297 501(c)(3) Community Improvement

WASHINGTON, DC

Total Revenue
$1,449,514
Total Expenses
$2,492,122
Total Assets
$1,703,930
Net Assets
$861,632
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
DE
Phone
2158627251
Tax Period
2023-01-01 to 2023-12-31

AMERICAN SUSTAINABLE BUSINESS NETWORK INC, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $2.5M exceeded revenue, resulting in a 72% operating deficit.

Mission

THE MISSION OF AMERICAN SUSTAINABLE BUSINESS INSTITUTE IS TO ADVANCE PUBLIC 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, ENTREPRENUERS, AND OTHER BUSINESS PROFESSIONALS IN THE PUBLIC DEBATE.

Program Service Accomplishments

Program 1
Expenses: $1,744,486 Revenue: $994,011

Organizations MembershipASBI has grown to represent an even greater diversity of business organizations, which cover the gamut of local and state chambers of commerce, microenterprise, social...

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Organizations MembershipASBI has grown to represent an even greater diversity of business organizations, which cover the gamut of local and state chambers of commerce, microenterprise, social enterprise, green and sustainable business groups, Main Street, women business leaders, economic development and organizations. The diversity of sectors and geographies has also increased tremendously. Building New Business OrganizationsBesides working to strengthen existing member organizations ASBI has endeavored to build new organizations where none existed including Ohio and Iowa. We also have worked to build statewide associations bringing together business organizations to build a greater power in their state including North Carolina, New York and Kentucky. OSHAASBI has submitted business nominations to The U.S. Department of Labor for the National Advisory Committee on Occupational Safety and Health (NACOSH).ASBI has submitted ten business leaders to participate in the OSHA Small Business Review Panel to review the Injury and Illness Prevention Program.Department of Energy Coordinated with our business supporters, ASBI coordinated a series of meetings with U.S. Department of Energy, Environmental Protection Agency, and others from the White House on the potential for advancing biobased and renewable chemicals.Communications and Media ASBI continues to garner increasing press coverage. We have now reached the credibility level where we are regularly contacted by media outlets like The Washington Post, Politico, and The Hill for access to our business leaders. Some of the selected highlights include:Workplace IssuesASBI continued to build its business support for Good / Sustainable workplaces. ASBI has also provided identification, outreach, education, and engagement of business leaders across sectors and across the country on Earned/paid sick days and minimum wage. ASBI has begun exploratory work to understand the latest tools and systems being created by cutting edge businesses to create more democratic, healthy and safe work environments.Safer Chemicals and Sustainable Materials: Our efforts focused on making the jobs, business, and general economic case to support environmental health issues from regulations of hazardous chemicals to driving toward green chemistry and sustainable materials. Regulations: We have mounted a strong educational effort in support of good regulations. Our work focuses on making the case for why environmental regulations, particularly clean air and water rules, make good business sense to small and midsized companies. Keystone Pipeline: ASBI has educated small and midsized companies about the economic case of construction of the transborder pipeline linking business voiced environmental health, environmental, and economic arguments.

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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 $1,420,083
Program Service Revenue $0
Investment Income $22,262
Other Revenue $7,169
TOTAL REVENUE $1,449,514

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,160,590
Fundraising Expenses $373,818
Program Expenses $1,744,486
Other Expenses $1,331,532
TOTAL EXPENSES $2,492,122

Year-over-Year Comparison

2023 2022 Change
Revenue $1,449,514 $2,606,151 -0.4%
Expenses $2,492,122 $1,737,440 +0.4%
Net Income $-1,042,608 $868,711 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
5
Employees
15
Volunteers
N/A

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
2
$0
Total Directors
15
$132,077
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID LEVINE President 40.00
Director
$110,477 $21,600 $132,077
Isaac Graves Director 0.00
Director
$0 $0 $0
MARYANNE HOWLAND Director 2.00
Director
$0 $0 $0
MITCH ROFSKY Treasurer 5.00
Officer Director
$0 $0 $0
JEFFREY HOLLENDER CEO 20.00
Director
$0 $0 $0
HEATHER MASON Director 2.00
Director
$0 $0 $0
Rose Yee Director 2.00
Director
$0 $0 $0
APRIL DESIMONE Director 2.00
Director
$0 $0 $0
Anne Robertson Director 2.00
Director
$0 $0 $0
Michael Pirron Director 0.00
Director
$0 $0 $0
Praful Shah Director 0.00
Director
$0 $0 $0
Anasa Troutman Director 0.00
Director
$0 $0 $0
DENISE BOWYER Director 2.00
Director
$0 $0 $0
Valerie Red-Horse Mohl Chairman 5.00
Director
$0 $0 $0
Seungah Jeong Chairman 5.00
Director
$0 $0 $0
MICHAEL PECK Secretary 5.00
Officer
$0 $0 $0
DEREK PEEBLES DIRECTOR 2.00
$0 $0 $0
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 No data No data No data No data
2023 $1,449,514 $2,492,122 $1,703,930 $-1,042,608
2023 No data No data $2,370,035 No data
2022 No data No data $997,676 No data
2022 $2,606,151 $1,737,440 $2,370,035 $868,711
2021 $1,593,731 $732,200 $997,676 $861,531
2020 $520,357 $648,402 $368,724 $-128,045
2019 $893,522 $906,371 $254,928 $-12,849
2018 $848,717 $1,226,361 $304,266 $-377,644
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