Biomimicry for Social Innovation

EIN: 853598977 501(c)(3) Education

Santa Fe, NM

Total Revenue
$547,919
Total Expenses
$448,953
Total Assets
$431,574
Net Assets
$431,574
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NM
Principal Officer
Toby Herzlich
Phone
5056907376
Tax Period
2024-01-01 to 2024-12-31

Biomimicry for Social Innovation, founded in 2020, is a small nonprofit in the Education sector that reported $548K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 18% operating margin.

Mission

Building on natures success in creating conditions conducive to life, BSI provides tools and connects practitioners who are applying natures intelligence to the social sector. Working closely with other organizations, we translate biological knowledge into practices that transform the way we lead organizational and societal change.

Program Service Accomplishments

Program 1
Expenses: $243,888 Revenue: $235,920

Nature of Trust project is a project using biomimicry and a science-based research approach to examine what we can learn about trust-building from the natural world. This project focuses on...

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Nature of Trust project is a project using biomimicry and a science-based research approach to examine what we can learn about trust-building from the natural world. This project focuses on identifying lessons from nature relevant to trust-building demonstrating biomimicrys application as a strategic lens, implementation tool, and regenerative practice for social innovation challenges and developing a framework, toolkit and other resources to support the application of natures lessons to advance health equity and social change.

Program 2
Expenses: $39,019 Revenue: $52,183

Living Systems Leadership Retreat is a 5-day residential workshop for women leaders, providing training in biomimicry and natural systems models and translating those lessons into leadership...

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Living Systems Leadership Retreat is a 5-day residential workshop for women leaders, providing training in biomimicry and natural systems models and translating those lessons into leadership practices for use in the social and business sectors.

Program 3
Expenses: $110,587 Revenue: $100,324

Consulting, partnering, coproducing, and material development for workshops, conferences, and training events around social innovation based on biomimicry principles

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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 (2024)

Revenue Breakdown

Contributions & Grants $496,412
Program Service Revenue $50,926
Investment Income $0
Other Revenue $581
TOTAL REVENUE $547,919

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $26,988
Program Expenses $393,494
Other Expenses $448,953
TOTAL EXPENSES $448,953

Year-over-Year Comparison

2024 2023 Change
Revenue $547,919 $432,266 +0.3%
Expenses $448,953 $199,421 +1.3%
Net Income $98,966 $232,845 -0.6%
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
5
Independent Members
5
Employees
N/A
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
5
$83,809
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Toby Herzlich Executive Director 025.00
Director Highest
$0 $83,809 $83,809
Adelma Hnasko President/Director 001.00
Officer Director
$0 $0 $0
Dayna Baumeister Director 001.00
Director
$0 $0 $0
Rachel Bagby Director 001.00
Director
$0 $0 $0
Elsa Menendez Treasurer/Director 001.00
Officer 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 $547,919 $448,953 $431,574 $98,966
2023 $432,266 $199,421 $359,499 $232,845
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