| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Jennifer Krill | Executive Director | $160,779 |
| 2 | Bruce Baizel | Energy Director | $152,612 |
| 3 | Payal Sampat | Mining Director | $146,279 |
|
1 Name: Jennifer Krill Title: Executive Director Compensation: $160,779 |
|
2 Name: Bruce Baizel Title: Energy Director Compensation: $152,612 |
|
3 Name: Payal Sampat Title: Mining Director Compensation: $146,279 |
According to the Earthworks audit of December 31, 2020 (Note 14, Related Party): "Earthworks Action Fund, a Section 501(c)(4) nonprofit organization, is a legally-separate, tax-exempt organization established by Earthworks in December 2017. Earthworks Action Fund is an affiliated but separate organization from Earthworks. As a 501(c)(4) organization, Earthworks Action Fund engages in various advocacy and political activities for which Earthworks, a 501(c)(3) organization, faces certain legal limitations or restrictions. "Earthworks provides various administrative services for Earthworks Action Fund, including office space, personnel, use of equipment, and other overhead costs. Total expenses paid by Earthworks and charged to Earthworks Action Fund were $36,066 and $21,927 for the years ended December 31, 2020 and 2019, respectively..." [Note: CharityWatch does not rate Earthworks Action Fund at this time due to its small size. Should CharityWatch provide a rating for Earthworks Action Fund in the future, it will be rated separately from Earthworks because CharityWatch separates the ratings for 501(c)(3) & 501(c)(4) organizations, even when they are included together in a consolidated audit, due to their differing treatments under the IRS tax code. For more information on this topic, please see our sections on Types of Non-Profits, Tax Status, and Treatment of Related Organizations, which can be found on the Our Process page. For more information about things to consider when donating to organizations that have related public charity and social welfare entities, read "Sorting Out Nonprofit Pairs" in the Articles & Alerts section, below.] |
According to the Earthworks audit of December 31, 2020 (Note 4, Concentrations, Revenue Risk): "For the years ended December 31, 2020 and 2019, a substantial portion of Earthworks' revenue was generated from one donor in each year. The contribution totaled 10% and 20% of Earthworks' total revenue and support for the years ended December 31, 2020 and 2019, respectively. A potential reduction or changes in funding from these donors in the future could significantly impact Earthworks' ability to carry out its current program activities." |
According to the Earthworks audit of December 31, 2020 (Note 9, Paycheck Protection Program Loan): "On April 17, 2020, Earthworks was granted a loan from a financial institution, in the amount of $244,122, pursuant to the Paycheck Protection Program (PPP)... The PPP is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll through the COVID-19 pandemic, for which Earthworks qualified. After the loans are granted, the Small Business Administration (SBA) will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses... "The loan was granted to Earthworks on April 17, 2020 in the amount of $244,122, with terms including a 1.00% fixed interest rate. The loan was scheduled to mature on April 17, 2022. "During 2020, Earthworks expected to meet the PPP loan's eligibility criteria, and concluded that the PPP loan represents, in substance, a grant that is expected to be forgiven and accounts for the PPP loan...as a conditional grant. This conditional grant is not recognized until the conditions are substantially met or explicitly waived. Earthworks initially recorded the cash inflow from the PPP loan as a refundable advance. At December 31, 2020, Earthworks recognized the full amount of $244,122 as conditional grant revenue. "Subsequent to year end on February 26, 2021, the SBA approved full forgiveness of the loan, and remitted the forgiveness amount to the financial institution, including applicable interest accruals." |
According to the Earthworks audit of December 31, 2020 (Note 17, COVID-19 Pandemic): "The COVID-19 outbreak in the United States and around the world has caused business disruption due to mandatory lockdowns implemented in most states in order to slow down the spread of the virus. Earthworks' management has been monitoring the situation and implementing certain changes in its operations and upcoming events in order to mitigate the impact of this pandemic. While the disruption is currently expected to be temporary, there is considerable uncertainty around its duration, and the full financial impact cannot be reasonably estimated at this time." |
