Ecoventures International INC FY2023 filing

Tax-deductible

Alexandria, VA501(c)(3)EnvironmentEIN 03-0415607Revenue $1.2M in FY2023

On file with the IRSeco-ventures.org624 Oakland Ter, 22302-4113 · Alexandria, VATax-exempt since Nov 2003Publicly supported — 509(a)(2)

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To support well-functioning market systems which enable livelihood and environmental sustainability by training, mentoring, and connecting communities, networks, businesses, and vulnerable groups, especially women and youth, within these market systems.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$532K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $87K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$532K
to officers and key staff · 43% of spending
Concern: pay to officers and key staff is 43% of spending; over 30%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $36
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$161K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+8% vs prior year
Spent
$1.2M
To programs
63%
Net assets
$531K
By yearFY2020–FY2024
Revenue
$1.2M
FY2023▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$949K
FY2021$901K
FY2022$1.1M
FY2023$1.2M
FY2024$1.4M
Expenses
$1.2M
FY2023▲ +24%
Tap a bar for its year
Expenses by fiscal year
FY2020$863K
FY2021$750K
FY2022$997K
FY2023$1.2M
FY2024$1.3M
Net assets
$531K
FY2023▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$293K
FY2021$206K
FY2022$567K
FY2023$531K
FY2024$641K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $784K Management & general 37% · $456K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $532K paid to officers and key staff.

Part VII, Section A · reportable compensation
Senior Sys Spec
$186,843Pt VII · Sec A
Executive Director
$176,794Pt VII · Sec A
SR Associate Strategy
$167,935Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Vice Chairsecretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Michael Field’s $210K as Senior Sys Spec is at the 86th percentile of top reported officer pay among 1851 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Michael Field$209,944$186,843$172,215$154,379
Margaret Anne Brand$192,629$176,794$170,394—
Ana Bilik$180,449$167,935——
Margie Brand———$170,394

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers communities and businesses for sustainable livelihoods through training and connections.

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Provided by the organization

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3 programs · $784K · in their own filed words · FY2023
01

Capacity building of development professionals involved in economic, environmental and market systems development programming through trainings, learning events and community of practice facilitation. Direct support in South Africa and programs supporting global application.

$414Kprogram expense
02

Economic and market assessements in global South, including extensive in-country assessments in Haiti and Ethiopia.

$242Kprogram expense
03

Support to economic development, climate, market systems and market resilience programs. Direct program support in Burma, Honduras, Ukraine, Rwanda, South Africa, and Solomon Islands. Additional support to programs in Malawi, Zambia, Lesotho, Mozambique, Eswathini, Botswana and Nambia.

$128Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$36

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$1.1M
Gifts and grantsLn 1h$132K
Other incomeLn 4–11$1K
Money outPt IX
$1.2M
Ln 25
Programscol B$784K
Managementcol C$456K
Owns and owesPt X
$531K
net assets · Ln 32
Cash and savingsLn 1–2$630K
Total assetsLn 16$691K
LiabilitiesLn 26$161K
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$132K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$97
Other incomeLn 4–11$1K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$630K
Cash and savings togetherLn 1–2$630K
Land, buildings, equipmentLn 10c$15K
Other assetsLn 15$584
Total assetsLn 16$691K
LiabilitiesLn 26$161K
Net assetsLn 32$531K
OperationsPt I, VI
EmployeesI 55
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$602K$630K
Land, buildings, equipmentLn 10c$12K$15K
Total assetsLn 16$735K$691K
LiabilitiesLn 26$168K$161K
Net assetsLn 32$567K$531K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$177K$101K$76K
Other salaries and wagesLn 7$422K$240K$182K
Other employee benefitsLn 9$128K$22K$107K
Payroll taxesLn 10$57K$46K$11K
Other fees for servicesLn 11g$186K$164K$22K
Advertising and promotionLn 12$13K$516$12K
Office expensesLn 13$14K$10K$4K
Information technologyLn 14$41K$23K$18K
OccupancyLn 16$3K$2K$748
TravelLn 17$74K$64K$10K
Conferences, conventions and meetingsLn 19$107K$106K$240
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$11K$6K$5K
Total functional expensesLn 25$1.2M$784K$456K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.4M$1.3M$110K$641K 990 PDF
FY2023 Viewing $1.2M$1.2M−$36K$531K 990 PDF
FY2022 $1.1M$997K$122K$567K 990 PDF
FY2021 $901K$750K$151K$206K 990 PDF
FY2020 $949K$863K$85K$293K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $1,203,937 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,728$132,037
I-9 Program service revenuePrior year $1,117,306$1,070,803
I-10 Investment incomePrior year $130$97
I-11 Other revenue$1,000
I-12 Total revenuePrior year $1,119,164$1,203,937
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $699,057$783,560
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $297,908$456,310
I-18 Total expensesPrior year $996,965$1,239,870
I-19 Revenue less expensesPrior year $122,199−$35,933
Part VI · Governance 3 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,203,937 across 6 lines filed
VIII-1f All other contributions, gifts and grants$132,037
VIII-1h Total contributions, gifts and grants$132,037
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,070,803$1,070,803
VIII-3 Investment incomeExcluded from tax $97$97
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,000$1,000
VIII-12 Total revenueRelated to mission $1,071,803 · Unrelated business $0 · Excluded from tax $97$1,203,937
Part IX · Statement of functional expenses $1,239,870 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $100,664 · Management $76,130$176,794
IX-7 Other salaries and wagesPrograms $240,058 · Management $181,549$421,607
IX-9 Other employee benefitsPrograms $21,710 · Management $106,631$128,341
IX-10 Payroll taxesPrograms $45,852 · Management $10,966$56,818
IX-11g Other fees for servicesPrograms $164,453 · Management $21,795$186,248
IX-12 Advertising and promotionPrograms $516 · Management $12,306$12,822
IX-13 Office expensesPrograms $9,517 · Management $4,402$13,919
IX-14 Information technologyPrograms $23,050 · Management $18,207$41,257
IX-16 OccupancyPrograms $2,142 · Management $748$2,890
IX-17 TravelPrograms $63,981 · Management $9,895$73,876
IX-19 Conferences, conventions and meetingsPrograms $106,462 · Management $240$106,702
IX-23 InsuranceManagement $7,349$7,349
IX-24 Other expenses (24a–d)Programs $5,790 · Management $5,457$11,247
IX-25 Total functional expensesPrograms $784,195 · Management $455,675 · Fundraising $0$1,239,870
Part X · Balance sheet $691,440 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $602,454$629,728
X-4 Accounts receivableStart of year $112,569$46,364
X-10c Land, buildings and equipment, netStart of year $12,317$14,764
X-15 Other assetsStart of year $5,027$584
X-16 Total assetsStart of year $734,627$691,440
X-17 Accounts payable and accrued expensesStart of year $17,925$18,363
X-25 Other liabilitiesStart of year $149,900$142,208
X-26 Total liabilitiesStart of year $167,825$160,571
X-27 Net assets without donor restrictionsStart of year $566,802$530,869
X-32 Total net assets or fund balancesStart of year $566,802$530,869
X-33 Total liabilities and net assetsStart of year $734,627$691,440
Part XI · Reconciliation of net assets $530,869 net assets at year end
XI-1 Total revenue$1,203,937
XI-2 Total expenses$1,239,870
XI-3 Revenue less expenses−$35,933
XI-4 Net assets at start of year$566,802
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$530,869

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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