Environmental Defense Fund's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.
| Program % | Cost to Raise $100 |
|---|---|
| 78% | $18 |
| Entity | Document Type | Tax ID |
|---|---|---|
| Environmental Defense Fund | Audited Consolidated Financial Statements | Multiple |
| Environmental Defense Fund | IRS Form 990 | 11-6107128 |
|
Entity: Environmental Defense Fund Document Type: Audited Consolidated Financial Statements Tax ID: Multiple |
|
Entity: Environmental Defense Fund Document Type: IRS Form 990 Tax ID: 11-6107128 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Frederic Krupp | President | $825,102 |
| 2 | Jessica Issacs | Past Chief Administrative Officer | $632,582 |
| 3 | Catherine Nardone | Chief Development Officer | $570,952 |
|
1 Name: Frederic Krupp Title: President Compensation: $825,102 |
|
2 Name: Jessica Issacs Title: Past Chief Administrative Officer Compensation: $632,582 |
|
3 Name: Catherine Nardone Title: Chief Development Officer Compensation: $570,952 |
CharityWatch's rating of Environmental Defense Fund (EDF) includes the financial activities of the 501(c)(3) public charity (tax ID #11-6107128), as well as its wholly owned and controlled limited liability companies, MethaneSAT and SATMgmt. (MethaneSAT and SATMgmt are identified as disregarded entities in the EDF tax filing for the fiscal year ended September 30, 2020; their primary activity is reported as "Srvc Provider" (IRS Form 990, Schedule R, Part I).) CharityWatch provides a separate rating for Environmental Defense Action Fund, the related 501(c)(4) tax-exempt, social welfare organization (tax ID #90-0080500). According to the Environmental Defense Fund (EDF) consolidated audit of September 30, 2020 (Note 11, Wholly Controlled Entity Transactions), in fiscal 2020, EDF made a grant in the amount of $8,724,879 to the Environmental Defense Action Fund, "representing a portion of the grass-roots lobbying and the direct lobbying allowances permitted by EDF as a 501(c)(3) organization."
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 Environmental Defense Fund (EDF) consolidated audit of September 30, 2020 (Note 15, Risks and Uncertainties): "On January 30, 2020, the World Health Organization (WHO) announced a global health emergency because of a new strain of coronavirus (the COVID-19 outbreak) and the risks to the international community as the virus spreads globally... In March 2020, the WHO classified the COVID-19 outbreak as a pandemic... "The full impact of the COVID-19 outbreak continues to evolve as of the date of this report [January 27, 2021]. As such, it is uncertain as to the full impact that the pandemic will have on the Organization's financial condition, liquidity and future results of operations. Management is actively monitoring the global situation on its consolidated financial condition, liquidity, operations, suppliers, industry and workforce. "Although the Organization cannot estimate the length or gravity of the impact of the COVID-19 outbreak at this time, it may have an adverse effect on the Organization's results of future operations, financial position and liquidity in fiscal year 2021. "On March 27, 2020, The President signed into law the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act). The CARES Act, among other things, includes provisions relating to refundable payroll tax credits... "The CARES Act appropriated funds for the Small Business Administration (SBA) Paycheck Protection Program (PPP) loans that are forgivable in certain situations to promote continued employment, as well as Economic Injury Disaster Loans (EIDL) to provide liquidity to small businesses harmed by the COVID-19 outbreak. EDF has not applied for or received any SBA PPP loans or EIDL. "Management continues to examine the impact that the COVID-19 outbreak and CARES Act may have on its business. Management is currently evaluating any impact on its consolidated financial condition, results of operation or liquidity." |
According to the Environmental Defense Fund (EDF) tax filing for the fiscal year ended September 30, 2020, EDF reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III): Regarding severance payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, Line 4a): "Jessica Issacs, Chief Administrative Officer thru August 2019, received severance payments totaling $156,608, which is reported on Schedule J, Part II, column (B) (iii) ['Other reportable compensation']." [The reported total compensation for Jessica Issacs in calendar year 2019 is $632,582 (Schedule J, Part II).] |
