Civic Intelligence

Earthwatch Expeditions Inc

990 • Fiscal year 2012 • EIN 23-7168440

Oct 01, 2011 to Sep 30, 2012 • Filed on Aug 08, 2013

114 Western Avenue02134
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.22x

Higher debt load relative to assets than 51% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

9th percentile

-12%

Faster asset growth than 9% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$5,861,848

Down $802,387 (-12%) from 2011

Net Assets

Down

$4,561,997

Down $565,075 (-11%) from 2011

Liabilities

Down

$1,299,851

Down $237,312 (-15%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$9,162,229

Down $853,201 (-8.5%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,871,774Liabilities 2010: $1,342,181Net Assets 2010: $5,529,5932010Assets 2011: $6,664,235Liabilities 2011: $1,537,163Net Assets 2011: $5,127,0722011Assets 2012: $5,861,848Liabilities 2012: $1,299,851Net Assets 2012: $4,561,9972012Assets 2013: $6,664,641Liabilities 2013: $1,653,605Net Assets 2013: $5,011,0362013Assets 2014: $6,202,572Liabilities 2014: $1,229,571Net Assets 2014: $4,973,0012014Assets 2015: $5,911,715Liabilities 2015: $1,443,646Net Assets 2015: $4,468,0692015Assets 2016: $5,495,272Liabilities 2016: $1,612,934Net Assets 2016: $3,882,3382016Assets 2017: $6,106,142Liabilities 2017: $1,438,945Net Assets 2017: $4,667,1972017Assets 2018: $5,617,939Liabilities 2018: $1,190,247Net Assets 2018: $4,427,6922018Assets 2019: $4,567,378Liabilities 2019: $1,286,364Net Assets 2019: $3,281,0142019Assets 2020: $4,552,694Liabilities 2020: $671,961Net Assets 2020: $3,880,7332020Assets 2021: $7,504,527Liabilities 2021: $831,693Net Assets 2021: $6,672,8342021Assets 2022: $6,080,252Liabilities 2022: $1,155,760Net Assets 2022: $4,924,4922022Assets 2023: $5,459,513Liabilities 2023: $1,604,986Net Assets 2023: $3,854,5272023Assets 2024: $5,190,192Liabilities 2024: $1,663,140Net Assets 2024: $3,527,0522024

Highlighted filing

2012

Assets$5,861,848
Liabilities$1,299,851
Net Assets$4,561,997

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,746,4632010Expenses 2011: $10,015,4302011Expenses 2012: $9,162,2292012Expenses 2013: $8,549,4522013Revenue 2014: $8,058,292Expenses 2014: $8,273,360Net Income 2014: -$215,0682014Revenue 2015: $8,002,847Expenses 2015: $8,110,621Net Income 2015: -$107,7742015Revenue 2016: $6,895,653Expenses 2016: $7,663,466Net Income 2016: -$767,8132016Revenue 2017: $8,126,042Expenses 2017: $7,458,378Net Income 2017: $667,6642017Revenue 2018: $7,496,813Expenses 2018: $7,757,123Net Income 2018: -$260,3102018Revenue 2019: $6,506,846Expenses 2019: $7,652,869Net Income 2019: -$1,146,0232019Revenue 2020: $4,743,628Expenses 2020: $4,255,707Net Income 2020: $487,9212020Revenue 2021: $5,695,996Expenses 2021: $3,518,898Net Income 2021: $2,177,0982021Revenue 2022: $5,184,296Expenses 2022: $5,244,281Net Income 2022: -$59,9852022Revenue 2023: $3,748,873Expenses 2023: $5,281,493Net Income 2023: -$1,532,6202023Revenue 2024: $3,851,236Expenses 2024: $5,132,694Net Income 2024: -$1,281,4582024

Highlighted filing

2012

Revenue-
Expenses$9,162,229
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
Aug 8, 2013
Return Version
2011v1.5
Gross Receipts
$9,494,776
Mission and Program Overview

Mission

Earthwatch institute connects citizens with scientists to improve the health and sustainability of the planet. Since its founding in 1971, earthwatch has empowered over 100,000 volunteers from all walks of life to join leading scientists on research expeditions that tackle critical environmental challenges around the globe - from climate change to ocean health, human-wildlife conflict, and more. Earthwatch invites people from all sectors to join its mission, from everyday citizens to teachers, students, companies, and more. Under normal operations we support more than 50 expeditions. During 2020, the covid pandemic significantly reduced this total, but we have maintained relationships with most of our partners and expect to work back towards 50 expeditions by 2022.

Filing and Contact Details

Filer

EIN
23-7168440
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IRS990/ActivityOrMissionDescription0EARTHWATCH INSTITUTE IS A LEADER IN CITIZEN SCIENCE AND ENGAGES PEOPLE WORLDWIDE IN SCIENTIFIC FIELD RESEARCH AND EDUCATION TO PROMOTE THE UNDERSTANDING AND ACTION NECESSARY FOR A SUSTAINABLE ENVIRONMENT. SINCE 1971, EARTHWATCH HAS EMPOWERED PEOPLE OF ALL AGES AND WALKS OF LIFE TO CONTRIBUTE TO HUNDREDS OF CRUCIAL, HANDS-ON ENVIRONMENTAL RESEARCH PROJECTS AROUND THE GLOBE.
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IRS990/Description0PUBLIC PROGRAM:EARTHWATCH'S PUBLIC PROGRAM INVOLVES A GLOBAL COMMUNITY OF RESEARCHERS, CONSERVATION VOLUNTEERS, EDUCATORS, STUDENTS, NGO'S AND BUSINESSES WORKING TOGETHER TOWARD A SUSTAINABLE ENVIRONMENT. THROUGH ITS EXPEDITIONS, EARTHWATCH ENGAGES INDIVIDUALS IN HANDS-ON ENVIRONMENTAL RESEARCH ALONGSIDE LEADING SCIENTISTS, WHERE THEY ACTIVELY PARTICIPATE IN RESEARCH THAT CONTRIBUTES TO THE UNDERSTANDING OF ENVIRONMENTAL CHALLENGES. THE PROGRAM SUPPORTS OVER 60 FIELD RESEARCH PROJECTS ACROSS NEARLY 40 COUNTRIES. OF THE $10 MILLION IN ANNUAL REVENUE EARTHWATCH U.S. RAISES, APPROXIMATELY $4 MILLION RELATES TO THE EARTHWATCH PUBLIC PROGRAM. OVER 2600 PEOPLE PARTICIPATED ON EARTHWATCH FIELD PROGRAMS DURING THE YEAR, OF WHICH 1500 WERE PUBLIC VOLUNTEERS. THESE INDIVIDUALS CONTRIBUTED OVER 70,000 HOURS TO RESEARCH DATA COLLECTION. THIS HAS ENABLED OUR AFFILIATED SCIENTISTS TO PRODUCE 65 PEER REVIEWED ARTICLES AND CONTRIBUTE TO 35 ENVIRONMENTAL MANAGEMENT PLANS AND POLICIES. EARTHWATCH IS DEDICATED TO CREATING AN ENVIRONMENTAL LEGACY THROUGH ITS RESEARCH PROJECTS, EXPERIENTIAL EDUCATIONAL PROGRAMS AND HANDS-ON VOLUNTEER OPPORTUNITIES IN FIELD RESEARCH.TRUSTS FOUNDATIONS AND INDIVIDUALS:APPROXIMATELY $1.4 MILLION OF EARTHWATCH'S REVENUE PERTAINS TO GRANTS FROM TRUSTS, FOUNDATIONS AND INDIVIDUALS. THIS REVENUE WAS APPLIED TO UNDERWRITE THE EARTHWATCH FIELD RESEARCH PROGRAMS AND TO FUND THE PARTICIPATION OF APPROXIMATELY 60 TEACHERS AND 60 STUDENTS ON THESE PROGRAMS. SURVEYS CONDUCTED ON BEHALF OF EARTHWATCH INDICATE THAT THESE STUDENTS AND TEACHERS WERE PROFOUNDLY IMPACTED BY THEIR EARTHWATCH EXPERIENCE. IN ONE SURVEY OVER 60% OF STUDENTS REPORTED THAT THE EXPERIENCE SIGNIFICANTLY OR VERY SIGNIFICANTLY "CHANGED THE WAY THEY THINK ABOUT THE PURPOSE OF THEIR LIFE". THIS SAME SURVEY FOUND THAT OVER 70% OF STUDENT PARTICIPANTS BECAME MUCH MORE INTERESTED IN SCIENCE OUTSIDE THE CLASSROOM, A MAJORITY PURSUED ADDITIONAL SCIENCE AND ENVIRONMENTALLY RELATED COURSE WORK IN BOTH HIGH SCHOOL AND COLLEGE AND 46% CHOSE A SCIENCE MAJOR. A SURVEY OF TEACHERS FOUND THAT MORE THAN HALF THE TEACHERS REPORTED THAT THEIR PARTICIPATION ON THE PROJECTS HAS VERY SIGNIFICANTLY: - INCREASED THEIR SENSE OF PERSONAL CONNECTION TO THE NATURAL WORLD - INCREASED THEIR COMMITMENT TO TAKE POSITIVE ACTION TOWARDS A SUSTAINABLE ENVIRONMENT OR COMMUNITY - MOTIVATED THEM TO INCLUDE MORE ENVIRONMENTAL CONSIDERATIONS IN THEIR DAY-TO-DAY DECISIONS MAKINGCORPORATE PROGRAMS:EARTHWATCH U.S. HAS PARTNERSHIPS WITH SEVERAL CORPORATE DONORS INCLUDING HSBC, ALCOA, UPS AND ERNST AND YOUNG ENABLING THEM TO SEND THEIR STAFF ON EARTHWATCH FIELD RESEARCH PROGRAMS WORLDWIDE FOR HANDS ON EXPERIENCE AND ENGAGEMENT IN ISSUES OF ENVIRONMENTAL AWARENESS, CORPORATE RESPONSIBILITY AND INCORPORATING SUSTAINABLE PRACTICES INTO THEIR COMPANY'S CULTURE IN ORDER TO MEET THEIR INTERNALLY DRIVEN SUSTAINABILITY GOALS. DURING THE FISCAL YEAR ENDED SEPTEMBER 2012, EARTHWATCH ENGAGED OVER 400 CORPORATE EMPLOYEES WORLDWIDE ON ITS PROGRAMS. TOTAL REVENUE FROM CORPORATE PROGRAMS WAS APPROXIMATELY $3.8 MILLION. DATA FROM THESE RESEARCH PROJECTS IS SHARED WITH NATIONAL AND LOCAL GOVERNMENTS AS WELL AS LOCAL INSTITUTIONS FOR USE IN ADVANCING POLICIES AND ACTIONS IN THE RELEVANT AREAS.
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IRS990/MissionDescription0EARTHWATCH INSTITUTE ENGAGES PEOPLE WORLDWIDE IN SCIENTIFIC FIELD RESEARCH AND EDUCATION TO PROMOTE THE UNDERSTANDING AND ACTION NECESSARY FOR A SUSTAINABLE ENVIRONMENT. SINCE 1971, EARTHWATCH HAS EMPOWERED PEOPLE OF ALL AGES AND WALKS OF LIFE TO CONTRIBUTE TO HUNDREDS OF CRUCIAL, HANDS-ON ENVIRONMENTAL RESEARCH PROJECTS AROUND THE GLOBE.
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IRS990/NameOfPrincipalOfficerPerson0ARCOTT MAHESH
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.19$1.66$3.53$3.85$5.13$1.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.46$1.60$3.85$3.75$5.28$1.53
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.08$1.16$4.92$5.18$5.24$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.50$0.83$6.67$5.70$3.52$2.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$0.67$3.88$4.74$4.26$0.49
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$1.29$3.28$6.51$7.65$1.15
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.62$1.19$4.43$7.50$7.76$0.26
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.11$1.44$4.67$8.13$7.46$0.67
2016Detailed filing. Detailed filing data is available for this year.$5.50$1.61$3.88$6.90$7.66$0.77
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.91$1.44$4.47$8.00$8.11$0.11
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.20$1.23$4.97$8.06$8.27$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.66$1.65$5.01$8.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.86$1.30$4.56$9.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.66$1.54$5.13$10.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.87$1.34$5.53$10.7