NonprofitsTransformers Foundation Inc

Environment

Transformers Foundation Inc

NEW YORK, NY

Total revenue

$247K

Total expenses

$274K

Net assets

$11K

Grants received

EIN

842388186

Tax year

2024

Mission

Transformers foundation is the unified voice representing the denim industry and its ideas for positive change. It was founded to provide a thus-far missing platform to the jeans and denim supply chain, and a central point of contact for consumers, brands ngos, and media who want to learn more about ethics and sustainable innovation in the industry. We represent the denim supply chain: from farmers and chemical suppliers to denim mills.

Programs

1 program

Research & writing: the transformers foundation selects one subject for a deep dive research paper on one subject. 2020 research paper was focused on the ethical purchasing practices in the denim supply chain through covid-19. This paper also highlighted the power unbalance between brands/buyers and their suppliers. This 70 page report was shared with b2b as well as b2c press and industry experts and press. This paper was endorsed by over 70 individual companies throughout the supply chain. Seperately, we have researchers and writers prepared to focus on various subjects within the supply chain to produce articles that can be shared through our industry.

Expenses: $106K

Financials

FY 2024

Revenue

Contributions & grants$215K
Program service revenue$34K
Investment income
Other revenue
Total revenue$247K

Expenses

Grants paid
Salaries & benefits
Fundraising$24K
Other expenses$274K
Total expenses$274K
Total assets$140K
Net assets$11K

People

5 listed

NameRoleCompensation

KIM VAN DER WEERD

DIRECTOR

Board

$51K

10 hrs/wk

EMILY OLAH

EXECUTIVE DIRECTOR

Board

$20K

10 hrs/wk

ALBERTO DE CONTI

DIRECTOR

Board

10 hrs/wk

TRICIA CAREY

DIRECTOR

Board

10 hrs/wk

ROBIN CORNELIUS

DIRECTOR

Board

10 hrs/wk

Details

EIN842388186
NTEE codeC30
Subsection03
Ruling date2019-12
Formed2019
Employees0
Volunteers0
TRANSFORMERS FOUNDATION INC — Mission, Financials & Grants Received | Grantivo