Sustainable Business Education Initiative Inc
Nonprofit profile at a glance
- EIN
- 273473341
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2159227400
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $851,959
- Expenses
- $792,229
- Assets
- $318,319
- Liabilities
- $18,508
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Highest reported compensation
- DEVI RAMKISSOON ((FORMER ED)): $105,265 total reported compensation
- ZORAIDA CORDERO (EXECUTIVE DI): $16,356 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of sustainable business network is to build a just, green, and thriving economy in the greater philadelphia region. The organization accomplishes this by educating and growing a broad base of local, independent business and educating policymakers and the public.
What it reported doing in 2024
Sustainable business services and special projects: the sustainable business network of greater philadelphia (sbn) is a 501(c)(3) nonprofit organization that has been serving the greater philadelphia region for over 25 years, with a mission to build a just, green, and thriving economy by advancing sustainability, equity, and opportunity for local and regional businesses, communities, and the environment. Guided by the triple bottom line framework of people, planet, and prosperity, sbn delivers programming across three pillars, environmental stewardship, business growth & stability, and people, community & prosperity, through education, advocacy, financial opportunity, and community building.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 46% for direct work, and 54% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 40
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.2%; rating input score 61
- Program expense ratio: 66.8%; rating input score 67
- Fundraising efficiency: $9.96 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 15.4%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: -4.4% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 61.2% of revenue deployed · 66.8% of spending went to programs
- Governance: 13 of 13 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $529K in reported program spending
- Leadership: top reported pay $105K · 15 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Review — Sustainability: Operating margin scored 55/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 22/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.