SUSTAINABLE ELECTRONICS RECYCLING … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

COREY DEHMEY

Phone

2029212260

Tax Period

2024-01-01 to 2024-12-31

SUSTAINABLE ELECTRONICS RECYCLING INTERNATIONAL, founded in 2014, is a community nonprofit in the Environment sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $3.4M exceeded revenue, resulting in a 13% operating deficit.

Mission

SERI CHAMPIONS AND DRIVES THE SUSTAINABLE USE, REUSE, AND RECYCLING OF ELECTRONICS GLOBALLY THROUGH SYSTEMS-BUILDING, SKILL-BUILDING, AND COLLECTIVE ACTION.

Program Service Accomplishments

Program 1

Expenses: $1,443,503 Revenue: $2,446,653

SERI ADMINISTERS THE R2 STANDARD AND CERTIFICATION PROGRAM TO BUILD THE CAPABILITIES AND CAPACITY FOR SUSTAINABLE ELECTRONICS REUSE AND RECYCLING GLOBALLY. THIS STANDARD PROMOTES RESPONSIBLE...

SERI ADMINISTERS THE R2 STANDARD AND CERTIFICATION PROGRAM TO BUILD THE CAPABILITIES AND CAPACITY FOR SUSTAINABLE ELECTRONICS REUSE AND RECYCLING GLOBALLY. THIS STANDARD PROMOTES RESPONSIBLE PRACTICES FOR ENVIRONMENTALLY SOUND MANAGEMENT OF USED ELECTRONICS. IN 2024, SERI CONTINUED OVERSIGHT OF THE R2 CERTIFICATION PROGRAM FOR 1,245 FACILITIES IN OVER 43 COUNTRIES. THIS PROGRAM DRIVES THE TRANSITION FROM LINEAR TO CIRCULAR ECONOMIES BY BUILDING THE CAPACITY TO REUSE ELECTRONICS TO BRIDGE DIGITAL DIVIDES AROUND THE WORLD AND REDUCE CARBON EMISSIONS BY ENABLING PRODUCTS TO RENAIN IN USE FOR LONGER. IN 2024, OVER 4 BILLION KILOGRAMS OF CO2-EQUIVALENT EMISSIONS WERE AVOIDED THROUGH THE USE OF LAPTOPS, MOBILE PHONES, AND FLAT-PANEL MONITORS ACROSS THE R2 NETWORK.

Program 2

Expenses: $643,838 Revenue: $498,809

SERI CONDUCTS ONGOING EDUCATION AND OUTREACH ACTIVITIES TO PROMOTE ELECTRONICS SUSTAINABILITY. IN 2024, SERI ADDED THE ELECTRONICS SUSTAINABILITY SUMMIT (ESUMMIT) TO BRING TOGETHER THE BRIGHTEST...

SERI CONDUCTS ONGOING EDUCATION AND OUTREACH ACTIVITIES TO PROMOTE ELECTRONICS SUSTAINABILITY. IN 2024, SERI ADDED THE ELECTRONICS SUSTAINABILITY SUMMIT (ESUMMIT) TO BRING TOGETHER THE BRIGHTEST MINDS AND THE MOST FORWARD-THINKING COMPANIES TO MAKE EVERY FACET OF THE ELECTRONICS INDUSTRY MORE SUSTAINABLE. IT TAKES MANY TO EFFECT CHANGE AT A SYSTEMS LEVEL, AND THE ESUMMIT IS DESIGNED TO BRING THE MISSIONS OF MANY NON-PROFITS TOGETHER TO DRIVE ELECTRONICS SUSTAINABILITY. IN 2024, AT OUR FIRST-EVER ESUMMIT, 625 ATTENDEES CAME TOGETHER TO ATTEND 47 SESSIONS, WITH NEARLY 100 SPEAKERS PRESENTING ACTIONABLE INFORMATION ON THE FUTURE OF ELECTRONICS SUSTAINABILITY.

Program 3

Expenses: $723,750

SERI PROGRAMS ENCOMPASS THE INCUBATION AND STARTUP OF NEW PROGRAMS THAT SERI CONTINUES TO DEVELOP TO DRIVE OUR MISSION. THESE STARTUP PROGRAMS INCLUDE R2U TO LEVERAGE THE KNOWLEDGE IN THE R2 STANDARD TO ENABLE WORKFORCE DEVELOPMENT OF COMPETENCIES IN BEST PRACTICES FOR REUSE AND RECYCLING OF ELECTRONICS. ADDITIONAL STARTUPS INCLUDE CHAMPIONS, TO GALVANIZE A COMMUNITY OF COMPANIES COMMITTED TO ELECTRONICS SUSTAINABILITY AND PROMOTE OTHERS TO JOIN THE MISSION, AND SUSTAINABLE ELECTRONICS INDIA, WHICH IS FOCUSED ON DRIVING CHANGE IN THE MOST POPULOUS COUNTRY ON THE PLANET. IN 2024, SERI CONTINUED OUR FACILITATION AND DEVELOPMENT OF AN ESG REPORTING STANDARD TO MEASURE IMPACT IN THE ELECTRONICS VALUE CHAIN. WHILE THERE ARE EXISTING INITIATIVES THAT WORK TO CREATE GENERAL GUIDELINES FOR REPORTING ACROSS ALL SECTORS, THERE ARE CURRENTLY NO INDUSTRY-SPECIFIC REQUIREMENTS FOR ELECTRONICS, AND THERE IS AN ABSENCE OF THIRD-PARTY OVERSIGHT TO THAT REPORTING. SIGNIFICANT PROGRESS WAS MADE ON THIS STANDARD DEVELOPMENT, AND A DRAFT FOR PUBLIC COMMENT IS EXPECTED IN 2026.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $97

Program Service Revenue $2,945,462

Investment Income $63,884

Other Revenue $6,840

TOTAL REVENUE $3,016,283

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,647,951

Fundraising Expenses $0

Program Expenses $2,811,091

Other Expenses $1,759,480

TOTAL EXPENSES $3,407,431

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,016,283	$2,275,647	+0.3%
Expenses	$3,407,431	$2,021,231	+0.7%
Net Income	$-391,148	$254,416	-2.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$198,743

Total Directors