Form 990 for tax year 2023
Filed by ICAST INTERNATIONL CENTER FOR APPROPRIATE & SUSTANABL TECHNOLOGY.
Totals
- Total revenue
- $32,389,738
- Total expenses
- $30,013,390
- Contributions and grants received
- $1,755
- Grants paid
- $0
- Program service revenue
- $32,373,434
- Investment income
- $14,549
- Other revenue
- $0
- Total assets, end of year
- $10,068,857
- Total liabilities, end of year
- $4,528,579
- Net assets or fund balances, end of year
- $5,540,278
- Program services expenses (Part IX)
- $25,196,216
- Management and general expenses
- $4,732,208
- Fundraising expenses
- $84,966
- Program service expenses (Part III)
- $25,196,216
Program services were 83.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$1,755
-
2a · Program service revenue: FEES FOR SERVICE
total $22,196,249 · related or exempt $22,196,249
-
2b · Program service revenue: GOVERNMENT GRANTS
total $10,174,684 · related or exempt $10,174,684
-
2c · Program service revenue: FOUNDATION GRANTS
total $2,500 · related or exempt $2,500
-
2d · Program service revenue: OTHER INCOME
total $1 · related or exempt $1
-
3 · Investment income
total $14,661 · excluded $14,661
-
7b · Less cost or other basis and sales expenses
securities $112
-
7c · Gain or loss
securities -$112
-
7d · Net gain or loss
total -$112 · related or exempt -$112
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $119,999 · program services $77,999 · management and general $40,800 · fundraising $1,200
-
7 · Other salaries and wages
total $6,507,577 · program services $4,215,699 · management and general $2,244,014 · fundraising $47,864
-
9 · Other employee benefits
total $671,878 · program services $377,216 · management and general $290,202 · fundraising $4,460
-
10 · Payroll taxes
total $567,511 · program services $318,620 · management and general $245,124 · fundraising $3,767
-
11b · Fees: legal
total $11,616 · program services $987 · management and general $10,083 · fundraising $546
-
11c · Fees: accounting
total $50,290 · program services $4,275 · management and general $43,652 · fundraising $2,363
-
11g · Fees: other
total $20,382,967 · program services $19,898,513 · management and general $459,688 · fundraising $24,766
-
12 · Advertising and promotion
total $54,420 · program services $6,616 · management and general $47,804
-
13 · Office expenses
total $557,974 · program services $49,765 · management and general $508,209
-
16 · Occupancy
total $109,430 · program services $35,330 · management and general $74,100
-
17 · Travel
total $238,144 · program services $168,869 · management and general $69,275
-
20 · Interest
total $32,229 · management and general $32,229
-
22 · Depreciation, depletion and amortization
total $129,035 · management and general $129,035
-
23 · Insurance
total $254,278 · management and general $254,278
-
24a · Other expenses: MISCELLANEOUS EXPENSE
total $214,572 · program services $42,037 · management and general $172,535
-
24b · Other expenses: COMMUNICATION
total $89,119 · management and general $89,119
-
24c · Other expenses: OUTREACH
total $22,351 · program services $290 · management and general $22,061
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $170,099 · end of year $293,083
-
3 · Pledges and grants receivable
beginning of year $254,949 · end of year $1,521,743
-
4 · Accounts receivable
beginning of year $4,562,299 · end of year $4,705,732
-
7 · Other notes and loans receivable
beginning of year $5,666
-
9 · Prepaid expenses and deferred charges
beginning of year $740,936 · end of year $3,111,179
-
10a · Land, buildings and equipment: cost or other basis
$792,261
-
10b · Land, buildings and equipment: accumulated depreciation
$382,979
-
10c · Land, buildings and equipment, net
beginning of year $105,211 · end of year $409,282
-
12 · Investments: other securities
beginning of year $78,071 · end of year $27,838
-
17 · Accounts payable and accrued expenses
beginning of year $2,156,143 · end of year $3,272,142
-
19 · Deferred revenue
beginning of year $543,639 · end of year $256,437
-
23 · Secured mortgages and notes payable
end of year $700,000
-
24 · Unsecured notes and loans payable
beginning of year $51,693 · end of year $300,000
-
27 · Net assets without donor restrictions
beginning of year $3,165,756 · end of year $5,340,278
-
28 · Net assets with donor restrictions
end of year $200,000
Mission and programs · 2023
Mission
ICAST PROVIDES ECONOMIC, ENVIRONMENTAL, AND SOCIAL BENEFITS TO COMMUNITIES IN A MANNER THAT BUILDS LOCAL CAPACITY.ICAST IS A 501(C)(3) NONPROFIT SOCIAL ENTERPRISE WITH A HISTORY OF DESIGNING AND LAUNCHING PROGRAMS TO MEANINGFULLY IMPACT COMMUNITIES AND PROVIDE SUSTAINABLE RESOURCE SOLUTIONS.
-
FROM ITS INCEPTION, ICAST HAS WORKED TO PROVIDE SUSTAINABLE SOLUTIONS FOR UNDERSERVED COMMUNITIES. CURRENTLY, ICAST'S FOCUS IS IN THE US MULTIFAMILY HOUSING SECTOR. BY INVESTING IN LOCAL COMMUNITIES, PRESERVING AND UPGRADING AFFORDABLE HOUSING, AND REDUCING ENERGY AND WATER WASTE, ICAST PROVIDES BENEFITS ALIGNED WITH THE TRIPLE BOTTOM LINE STANDARD OF ITS MISSION. ICAST IS ALSO SET TO SCALE ITS INFLUENCE THROUGH PROGRAMS THAT CONSULT WITH MULTIFAMILY PROPERTY OWNERS ON SUSTAINABLE DEVELOPMENT AND TECHNOLOGY.
Expenses $25,196,216 · Revenue $32,374,032
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr John TrefnyDR JOHN TREFNY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ravi MalhotraRAVI MALHOTRA
PRESIDENT/SECRETARY
- Total calculated
- $119,999
- From this org
- $119,999
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 10 related
-
Bruce DinesBRUCE DINES
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Thomas AmdurTHOMAS AMDUR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Tara RollinsTARA ROLLINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Howard GellerHOWARD GELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brent RustenBRENT RUSTEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C) · SUPPORT SERVICES · CO
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
MULTIFAMILY GREEN CONTRACTOR LLC
CO · assets $51,693
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443059349300029
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.