nonprofit logo

Transformers Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842388186 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Transformers Foundation Inc?

Transformers Foundation Inc, based in New York, NY, is a nonprofit organization committed to educating students about the denim supply chain. They collaborate with educational institutions and industry professionals to conduct a conference series, teaching students about the denim production process from fiber to finished garment. These events are tailored to the audience and offered globally in various languages, with each session added to a learning hub for reference. The foundation serves as a unified voice for the denim industry, advocating for positive change and sustainable innovation. They represent all aspects of the denim supply chain, from farmers and chemical suppliers to denim mills. Their mission is to drive sustainable performance by sharing best practices, encouraging transparency, challenging misleading marketing, and celebrating innovation in the industry.


Is Transformers Foundation Inc legitimate?

Transformers Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transformers Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Transformers Foundation Inc?
Who is the CEO of Transformers Foundation Inc?
What is the revenue of Transformers Foundation Inc?
Who are the executives of Transformers Foundation Inc and what are their salaries?
Where can I find the form 990 for Transformers Foundation Inc?

Mission Statement of Transformers Foundation Inc

The Transformers Foundation, a united voice for the denim industry, was established to provide a platform for positive change within the sector. By acting as a central point of contact, the Foundation bridges the gap between consumers, brands, NGOs, and media who seek to understand ethics and sustainable innovation in the industry.

At its core, the Transformers Foundation strives to move the needle on sustainable performance. It achieves this by openly sharing best practices, encouraging and giving visibility to sustainable progress, challenging ambiguous, non-solid marketing or claims, and transparently celebrating best-in-class and innovation.

In its mission to promote education, the Foundation collaborates with educational institutions and the industry to organize a conference series. These events are tailored to the audience of students, focusing on each area of the denim supply chain, from fiber through to finish garment processing. Each session is presented by a professional generously donating their time to teach global students. These events are then added to the Foundation's Learning Hub for future reference resources.

Impact

This information is meant to be a general summary of Transformers Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Tuesday, June 18, 2024

Transformers Foundation Inc's impact lies in its role as the unified voice representing the denim industry and its ideas for positive change. By providing a platform for the denim supply chain, including farmers, chemical suppliers, denim mills, brands, consumers, NGOs, and media, it promotes ethics and sustainable innovation within the industry. Through its educational initiatives, such as conference series and tailored events globally in multiple languages, Transformers Foundation educates students about the denim supply chain from fiber to finished garment processing. Their mission to move the needle on sustainable performance by sharing best practices, supporting progress, and challenging unclear marketing claims contributes significantly to promoting sustainability within the industry.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $299,000

    • Assets and Liabilities:
  • Total Assets: $187,827
  • Total Liabilities: $36,230
  • Net Assets: $151,597
  • Organization Details

    Founding Year

    2019

    Principal Officer

    Emily Olah

    Main Address

    833 BROADWAY 5TH FL, NEW YORK, NY, 10003

    NTEE Category

    Code: C30 - Environment

    If you are a representative of Transformers Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.