Earthenable Inc

990 • Fiscal year 2023 • EIN 46-5540643

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization Profile WWW.EARTHENABLE.ORG

11 Candleberry LaneWeston, MA 02493

(781) 354-2961

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$9,982,454

Flat from 2023

Net Assets

$9,821,318

Up $30,020 (+0.3%) from 2023

Liabilities

Down

$161,136

Down $30,020 (-16%) from 2023

Revenue And Expenses

Revenue

Flat

$6,596,508

Flat from 2023

Expenses

Down

$2,228,267

Down $30,020 (-1.3%) from 2023

Net Income

$4,368,241

Up $30,020 (+0.7%) from 2023

Historical Trend

Balance Sheet Trend

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

Highlighted filing

2023

Assets$9,982,454

Liabilities$161,136

Net Assets$9,821,318

Open 2023 Filing

Operations Trend

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

Highlighted filing

2023

Revenue$6,596,508

Expenses$2,228,267

Net Income$4,368,241

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023
Signed: Nov 15, 2024
Return Version: 2023v5.1
Gross Receipts: $6,604,020

Mission and Program Overview

Mission

Earthenable's mission is to improve health of low-income families in rwanda by removing a key driver of poor sanitation in the home: durt floors. Dirt floors cause malnutrition, diarrhea, respiratory disease, and vector-borne disease, but concrete is unaffordable. Earthenable's floors are 75% cheaper than concrete, and composed of natural materials with 90% less embedded energy than concrete (clay, sand, natural fibers, and a sealing oil that turns into a hard plastic resin when it dries).

SEE PART III, LINE 1.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Savings and Temporary Cash Investments	-	$7,109,276	-
Pledges and Grants Receivable	$1,237,940	$1,375,000	▲ $137,060
Cash and Non-Interest-Bearing Accounts	$4,000,050	$901,920	▼ $3,098,130
Inventories for Sale or Use	$110,159	$254,914	▲ $144,755
Accounts Receivable	$168,696	$215,168	▲ $46,472
Land, Buildings, and Equipment, Net	$135,244	$82,459	▼ $52,785
Other Notes and Loans Receivable, Net	$28,020	-	-
Prepaid Expenses and Deferred Charges	$45,065	$24,357	▼ $20,708
Receivables From Officers Etc	$1,027	-	-
Total Assets	$5,726,201	$9,982,454	▲ $4,256,253
Other Assets Total	$0	$19,360	▲ $19,360
Liabilities
Other Liabilities	$172,226	$113,685	▼ $58,541
Accounts Payable and Accrued Expenses	$100,898	$47,451	▼ $53,447
Total Liabilities	$273,124	$161,136	▼ $111,988
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$4,400,137	$8,390,551	▲ $3,990,414
Net Assets With Donor Restrictions	$1,052,940	$1,430,767	▲ $377,827
Total Net Assets Fund Balance	$5,453,077	$9,821,318	▲ $4,368,241
Total Liabilities and Net Assets / Fund Balance	$5,726,201	$9,982,454	▲ $4,256,253

Asset Categories

Asset	Book Value	Depreciation	Basis
Equipment	$66,635	$231,900	$298,535
Land	$15,824	-	$15,824

Compensation and Service Providers

Employees

Name	Title	Full / Part Time	Base	Other	Total
Gayatri Datar	CEO and Co-founder	FT	$110,000	$40,233	$150,233
Denis Nyanja	CFO (beg. 08/23)	FT	$145,000	$400	$145,400
Muthoni Karimi	COO (beg. 11/23)	FT	$125,000	$233	$125,233

Board Members and Trustees

Name	Title
Patrick Kelly	Chair (through 02/23)
Julie Mcbride	President
Anant Gupta	Board Member
Nathalie Mpaka	Board Member (beg. 05/23)
Belinda Bwiza	Board Member (through 08/23)
Jane Otima	Secretary
Betty Tushabe	Secretary (through 02/23)
Sylvia Mwangi	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $6,277,799
Program Service Revenue: $193,346
Investment Income: $125,363
Other Revenue: $0
All Other Contributions: $6,277,799
Change in Net Assets: $4,368,241

Audited Revenue Reconciliation

Revenue per Audited Statements: $6,555,910
Revenue Not Reported on Financial Statements: $40,598
Revenue Not Reported on Form 990: $7,512
Other Revenue Adjustments: $40,598
Total Revenue per Audited Statements: $6,563,422
Total Revenue per Form 990: $6,596,508

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$1,129,749
Salaries, Compensation, and Employee Benefits	$1,098,518
Total Fundraising Expense	$28,236
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Current Officers, Directors, Trustees, and Key Employees	$228,379	$181,223	$11,264	$420,866
Other Salaries and Wages	$153,120	$121,435	$7,491	$282,046
Payroll Taxes	$150,184	$119,106	$7,347	$276,637
Travel	$165,163	$43,195	$13	$208,371
All Other Expenses	$52,249	$30,843	$51	$83,143
Fees for Services Other	$19,807	$62,090	$50	$81,947
Pension Plan Contributions	$28,811	$38,287	$727	$67,825
Occupancy	$67,629	-	-	$67,629
Advertising	$58,932	-	-	$58,932
Depreciation Depletion	$58,929	-	-	$58,929
Office Expenses	$26,973	$25,031	$17	$52,021
Other Employee Benefits	$27,871	$22,002	$1,271	$51,144
Other Expenses	$145,731	$40,598	-	$40,598
Insurance	$1,913	$3,525	$5	$5,443
Fees for Services Accounting	-	$4,587	-	$4,587
Information Technology	$38	$69	-	$107
Total Functional Expenses	$1,459,819	$740,212	$28,236	$2,228,267

Audited Expense Reconciliation

Line Item	Amount
Total Expenses per Form 990	$2,228,267
Total Expenses per Audited Statements	$2,195,181
Expenses per Audited Statements	$2,187,669
Expenses Not Reported on Financial Statements	$40,598
Other Expense Adjustments	$40,598
Expenses Not Reported on Form 990	$7,512

International Activity

International Summary

Offices: 2
Employees: 270
Spending: $1,430,623

International Compliance

Activity in boycott countries: No
Foreign corporation ownership: Yes
Foreign partnership interest: No
Interest in foreign trust: No
Passive foreign investment company interest: No
Transfers to foreign corporations: No

International Activities

Region	Activity	Services	Offices	Employees	Spending
Sub-saharan Africa	Program Services	Eliminating Dirty Floors by Installing Clean Andaffordable Ones	2	270	$1,430,623

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Insider Transactions and Loans

Loans and Receivables

Line Item	Beginning	End	Change
Receivables from Officers, Directors, Trustees, and Key Employees	$1,027	-	-

Organization	Type	Method	Amount
Earthenable Uganda Ltd	D	Fmv	$1,959,935
Earthenable Rwanda Ltd	E	Fmv	$432,385

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Refundable Advances	$113,685

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: Yes
Backup withholding compliance: Yes
Business relationship with 35% controlled entity: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: No
Other officer compensation reviewed: No
Conflict-of-interest policy: Yes
Audited financial statements prepared: Yes
Key decisions subject to board approval: No
Management duties delegated: No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 was prepared by the outside accountants and reviewed by senior management. A copy of the form 990 will be provided to the board before filing.”

Form 990, Part VI, Section B, Line 12C

“A conflict of interest is created when an employee takes actions or has interests that make it difficult or impossible to perform his/her duties objectively and effectively. Specifically, fraud includes any willful or deliberate act committed with the intention of obtaining an unauthorized benefit, such as money or property, by misrepresentation, deception, or other unethical means. If an employee becomes aware of a conflict of interest, the organization expects and encourages all employees to report this to the managing directors. The directors investigate the claim and take measures to eliminate the conflict of interest if the claim is found to be true and accurate. Fraud is not tolerated at earthenable and will always result in disciplinary action including termination as well as reporting the incident to the police. If an employee is not sure whether actions are creating a conflict of interest, please contact the supervisor or the managing directors.”

Form 990, Part VI, Section B, Line 15

“The board determines the salary of the organization's ceo during the annual budget process. The most recent compensation review took place july 2023.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents available to the general public upon reasonable request.”

Filing and Contact Details

Filer

Filer Name: Earthenable Inc
EIN: 46-5540643
Phone: 7813542961
Address: 11 CANDLEBERRY LANE, WESTON, MA 02493

Signing Officer

Name: Gayatri Datar
Title: CEO
Phone: 7813542961
Signed: 2024-11-15
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Gayatri Datar
Formed: 2014
Legal Domicile: Ma
Voting Board Members: 6
Independent Board Members: 5
Employees: 0
Volunteers: 8

Preparer

Firm: Gelman Rosenberg & Freedman
Address: 4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer: Elizabeth W Heller
Phone: 3019519090

Supplemental Narrative

Additional Explanations

Form 990, General Explanation

“The purpose of earthenable inc. Is to promote public health by replacing dirt floors with earthen floors in countries with lots of dirt floors. In order to achieve this purpose, earthenable inc must have entities in those countries (currently rwanda and uganda), because it needs to have employees working in those areas, producing oil, training local masons and deploying the masons to install earthen floors. If any profit is received by the 100% owned subsidiaries, it will be used in continuance of earthenable, inc.'s charitable activities. The subsidiaries exist simply to comply with local country regulations that require a domestically registered entity to hire local staff and issue work permits for foreign staff. Therefore, to provide a complete picture of the charitable activities of the organization the form has been filed with the activities of those entities included and the corporate shell has been disregarded.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loss on disposal of assets reported as expense on 7,512. Financial statements and netted against revenue on form 990, part viii line 7b”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Currency loss included in revenue on financial statements and reported as expense on form 990, part ix. 40,598.”

PART XII, LINE 2D - OTHER ADJUSTMENTS: