GLOBAL ECOLABELLING NETWORK INC C/O CITRIN COOPERMAN

EIN: 521979616 501(c)(3) Community Improvement

BETHESDA, MD

Total Revenue
$275,670
Total Expenses
$285,136
Total Assets
$534,088
Net Assets
$518,480
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
DE
Principal Officer
KS VENKATAGIRI
Phone
3016549000
Tax Period
2023-01-01 to 2023-12-31

GLOBAL ECOLABELLING NETWORK INC C/O CITRIN COOPERMAN, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $276K in total revenue in fiscal year 2023.

Mission

GLOBAL ECOLABELLING NETWORK,INC.'S PURPOSE IS TO IMPROVE, PROMOTE, AND DEVELOP THE ECOLABELLING OF PRODUCTS AND SERVICES TO HELP PROTECT THE ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $96,333

STRATEGIC NETWORKING AND OUTREACH:- SUPPORTED FOR ISO/STANDARD WORK INCLUDING ISO14024.- COLLABORATED WITH LIKE-MINDED ORGANIZATIONS (E.G., UNITED NATIONS ENVIRONMENT PROGRAMME (UNEP), GIZ, ISO, IEC...

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STRATEGIC NETWORKING AND OUTREACH:- SUPPORTED FOR ISO/STANDARD WORK INCLUDING ISO14024.- COLLABORATED WITH LIKE-MINDED ORGANIZATIONS (E.G., UNITED NATIONS ENVIRONMENT PROGRAMME (UNEP), GIZ, ISO, IEC, GOVERNMENTS, INDUSTRY ASSOCIATIONS, ETC.).- PARTICIPATED IN KEY EVENTS OR INITIATIVES WITH TARGET ORGANIZATIONS.

Program 2
Expenses: $105,560 Revenue: $60,432

INTERNAL COOPERATION:-DEVELOPED A NEW GENICES PEER REVIEW (AUDIT) SCHEME- MANAGED , UNDERTOOK AND PROMOTED THE GENICES PEER REVIEW (AUDIT) PROCESS CONDUCTED WITH CHINA ENVIRONMENTAL LABELLING (CHINA...

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INTERNAL COOPERATION:-DEVELOPED A NEW GENICES PEER REVIEW (AUDIT) SCHEME- MANAGED , UNDERTOOK AND PROMOTED THE GENICES PEER REVIEW (AUDIT) PROCESS CONDUCTED WITH CHINA ENVIRONMENTAL LABELLING (CHINA ENVIRONMENTAL UNITED CERTIFICATION CENTER (CEC), ECOLOGO (UL ENVIRONMENT), GREEN CRANE (ALL UKRANIAN NGO LIVING PLANET), HONG KONG GREEN LABEL SCHEME (GREEN COUNCIL), ISRAELI GREEN LABEL (THE STANDARDS INSTITUTION OF ISRAEL), VITALITY LEAF (ECOLOGICAL UNION).- HOSTED ANNUAL GENERAL MEETING IN GERMANY IN OCTOBER, 2023.- WELCOMED A NEW ASSOCIATED MEMBER AND A NEW AFFILIATE MEMBER.- ENHANCED MUTUAL RECOGNITION AGREEMENT (MRA) BETWEEN MEMBER ORGANIZATIONS.

Program 3
Expenses: $27,277

PROMOTION- CELEBRATE WORLD ECOLABEL DAY ON OCTOBER 13, 2023- ISSUED SUSTAINABLE PROCUREMENT INFORMATION BROCHURE.- ISSUE GEN NEWSLETTERS AND ANNUAL REPORT.- UTILIZED SOCIAL NETWORK SERVICES.

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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 $214,445
Program Service Revenue $60,432
Investment Income $40
Other Revenue $753
TOTAL REVENUE $275,670

Expense Breakdown

Grants Paid $0
Salaries & Benefits $98,089
Fundraising Expenses $0
Program Expenses $229,170
Other Expenses $187,047
TOTAL EXPENSES $285,136

Year-over-Year Comparison

2023 2022 Change
Revenue $275,670 $281,815 0.0%
Expenses $285,136 $218,337 +0.3%
Net Income $-9,466 $63,478 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
8
Employees
N/A
Volunteers
8

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
3
$98,089
Total Directors
9
$98,089
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE HARRIS GEN SECRETARIAT 25.00
Officer Director
$98,089 $0 $98,089
KS VENKATAGIRI CHAIR 5.00
Officer Director
$0 $0 $0
HIROYUKI KOBAYASHI TREASURER/GENERAL AFFAIRS OFFICE 10.00
Officer Director
$0 $0 $0
KATHERINE LAROCQUE DIRECTOR 1.00
Director
$0 $0 $0
SVETLANA PERMINOVA DIRECTOR 1.00
Director
$0 $0 $0
GUY LADVOCAT DIRECTOR 1.00
Director
$0 $0 $0
YULIA GRACHEVA DIRECTOR 1.00
Director
$0 $0 $0
QUIMING FALLIGHT XU DIRECTOR 1.00
Director
$0 $0 $0
TAO YAN DIRECTOR 1.00
Director
$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 $275,670 $285,136 $534,088 $-9,466
2022 $281,815 $218,337 $577,593 $63,478
2021 $247,537 $203,976 $484,488 $43,561
2020 $243,419 $198,689 $453,232 $44,730
2019 $210,004 $203,289 $399,494 $6,715
2018 $219,119 $195,487 $386,127 $23,632
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