The or Foundation Ltd

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The or Foundation operates to create alternatives to the dominate model of fashion.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1488092) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$261K 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

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $2.9M a year · 52% of revenue · last 4 filings
A surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
92%
of spending
92% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$261K
to officers and key staff · 5% of spending
Pay to officers and key staff is 5% of spending.
Part VII, Section A
3.1 mo
of spending, in cash
Plus $10.8M in investments, Pt X · Ln 11–13
3.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $458K
4 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$12K
0.1% of total assets
Liabilities are 0.1% of assets.
Pt X · Ln 26
Independent board members
3
of 5 voting members
3 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$8.4M
+6% vs prior year
Spent
$5.0M
To programs
92%
Net assets
$12.6M
By yearFY2020–FY2024
Revenue
$8.4M
FY2024▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$91K
FY2021$270K
FY2022$5.5M
FY2023$7.9M
FY2024$8.4M
Expenses
$5.0M
FY2024▲ +24%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$243K
FY2022$1.1M
FY2023$4.1M
FY2024$5.0M
Net assets
$12.6M
FY2024▲ +60%
Tap a bar for its year
Net assets by fiscal year
FY2020$38K
FY2021$67K
FY2022$4.5M
FY2023$7.9M
FY2024$12.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2011.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $4.6M Management & general 8% · $409K Fundraising 0% · $2K

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

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990; $261K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Employee
$120,308Pt VII · Sec A
Founder/Executive Director
$70,254Pt VII · Sec A
Founder/Executive Producer
$70,166Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Eshe Hamme’s $120K as Employee is at the 46th percentile of top reported officer pay among 3394 $1–10M education 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Eshe Hamme$120,308———
Elizabeth Rae Ricketts$70,254$42,800$24,525$1,650
James Branson Skinner$70,166$42,800$24,525$1,650

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.

See The or Foundation Ltd executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Creates alternatives to the dominant fashion model.

Questions for The or Foundation Ltd

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Your first name shows with your question. The or Foundation Ltd answers here, for everyone.

3 programs · $3.7M · in their own filed words · FY2024
01

We operate a paid apprenticeship program for young women leaving the dangerous job of head carrying secondhand clothing, which includes healthcare and education. We provide emergency relief for members of the secondhand clothing market in Ghana who encounter crisis.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1488092) · Dispute this line
$3.0Mprogram expense
02

Our Stop Waste Colonialism campaign has established a new precedent for Extended Producer Responsibility, one that does not simply offset the cost of waste management within a linear economy but rather that funds the transition to true circularity.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1488092) · Dispute this line
$559Kprogram expense
03

We organize citizen scientists to perform weekly beach monitoring reports, tracking textile tentacles across a seven kilometer swath of Accra's beaches. Building on these findings we conduct weekly water and air sampling analysis along with regular passive air pollution monitoring in order to track the flow of waste pollution across the…

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1488092) · Dispute this line
$158Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$458K
See all 4 funders →
Grants paid · 2 grants · $40K · 2024–2024
RemakeCA · FY2024$10,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$8.4M
Ln 12
Gifts and grantsLn 1h$8.0M
Investment incomeLn 3$305K
Fees for servicesLn 2g$29K
Money outPt IX
$5.0M
Ln 25
Programscol B$4.6M
Managementcol C$409K
Fundraisingcol D$2K
Owns and owesPt X
$12.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$12.6M
LiabilitiesLn 26$12K
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.0M
Fees for servicesLn 2g$29K
Investment incomeLn 3$305K
Other incomeLn 4–11$16K
Total revenueLn 12$8.4M
Assets in detailPt X, end of year
CashLn 1$51K
SavingsLn 2$1.3M
Cash and savings togetherLn 1–2$1.3M
Prepaid expenses and deferred chargesLn 9$560K
InvestmentsLn 11–13$10.8M
Total assetsLn 16$12.6M
LiabilitiesLn 26$12K
Net assetsLn 32$12.6M
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$5K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.7M$1.3M
InvestmentsLn 11–13$10.8M
Total assetsLn 16$7.9M$12.6M
LiabilitiesLn 26$13K$12K
Net assetsLn 32$7.9M$12.6M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$925K$925K
Grants and assistance to foreign recipientsLn 3$2.1M$2.1M
Pay of officers and key staff (Part IX, line 5)Ln 5$126K$126K
Pay of disqualified personsLn 6$180K$59K$120K
Other employee benefitsLn 9$31K$31K
Payroll taxesLn 10$25K$25K
Accounting feesLn 11c$121K$44K$76K
Other fees for servicesLn 11g$622K$619K$3K
Advertising and promotionLn 12$11K$9K$1K
Information technologyLn 14$9K$9K
TravelLn 17$478K$473K$5K
InsuranceLn 23$42K$39K$3K
Other expenses (24a–d)Ln 24$284K$272K$13K
All other expensesLn 24e$53K$45K$6K$2K
Total functional expensesLn 25$5.0M$4.6M$409K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 $8.4M$5.0M$3.3M$12.6M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $7.9M$4.1M$3.8M$7.9M 990 PDF
FY2022Filed with the IRS Jun 11, 2025 $5.5M$1.1M$4.4M$4.5M 990 PDF
FY2021Filed with the IRS Oct 27, 2022 $270K$243K$28K$67K 990 PDF
FY2020Filed with the IRS May 3, 2021 $91K$38K 990 PDF

Schedules filed Part IV

A · Public support F · Foreign I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $8,379,584 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,889,681$8,029,749
I-9 Program service revenuePrior year $3,549$28,962
I-10 Investment incomePrior year $0$305,301
I-11 Other revenuePrior year $2,408$15,572
I-12 Total revenuePrior year $7,895,638$8,379,584
I-13 Grants and similar amounts paidPrior year $3,144,934$3,050,878
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $147,826$361,247
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $775,180$1,619,004
I-18 Total expensesPrior year $4,067,940$5,031,129
I-19 Revenue less expensesPrior year $3,827,698$3,348,455
Part VI · Governance 3 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,379,584 across 6 lines filed
VIII-1f All other contributions, gifts and grants$8,029,749
VIII-1h Total contributions, gifts and grants$8,029,749
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $28,962$28,962
VIII-3 Investment incomeRelated to mission $305,301$305,301
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $15,572$15,572
VIII-12 Total revenueRelated to mission $349,835 · Unrelated business $0 · Excluded from tax $0$8,379,584
Part IX · Statement of functional expenses $5,031,129 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $925,365$925,365
IX-3 Grants and assistance to foreign recipientsPrograms $2,125,513$2,125,513
IX-5 Pay of officers and key staff (Part IX, line 5)Management $126,000$126,000
IX-6 Pay of disqualified personsPrograms $59,375 · Management $120,308$179,683
IX-9 Other employee benefitsManagement $30,914$30,914
IX-10 Payroll taxesManagement $24,650$24,650
IX-11c Accounting feesPrograms $44,052 · Management $76,472$120,524
IX-11g Other fees for servicesPrograms $618,962 · Management $2,610$621,572
IX-12 Advertising and promotionPrograms $9,463 · Management $1,162$10,625
IX-14 Information technologyPrograms $8,680$8,680
IX-17 TravelPrograms $473,017 · Management $4,829$477,846
IX-23 InsurancePrograms $38,849 · Management $3,291$42,140
IX-24 Other expenses (24a–d)Programs $271,516 · Management $12,853$284,369
IX-24e All other expensesPrograms $45,428 · Management $5,521 · Fundraising $2,299$53,248
IX-25 Total functional expensesPrograms $4,620,220 · Management $408,610 · Fundraising $2,299$5,031,129
Part X · Balance sheet $12,648,200 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $2,741,935$50,609
X-2 Savings and temporary cash investments$1,252,211
X-4 Accounts receivableStart of year $5,000,000$0
X-9 Prepaid expenses and deferred chargesStart of year $151,983$559,836
X-11 Publicly traded securities$10,785,544
X-15 Other assetsStart of year $2,700$0
X-16 Total assetsStart of year $7,896,618$12,648,200
X-17 Accounts payable and accrued expensesStart of year $12,526$12,093
X-26 Total liabilitiesStart of year $12,526$12,093
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $7,884,092$12,636,107
X-32 Total net assets or fund balancesStart of year $7,884,092$12,636,107
X-33 Total liabilities and net assetsStart of year $7,896,618$12,648,200
Part XI · Reconciliation of net assets $12,636,107 net assets at year end
XI-1 Total revenue$8,379,584
XI-2 Total expenses$5,031,129
XI-3 Revenue less expenses$3,348,455
XI-4 Net assets at start of year$7,884,092
XI-8 Prior period adjustments$1,403,560
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$12,636,107

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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