2011-08-01T13:20:29-05:00 2010-09-30 Alexander Aronson Finning & Co PC 21 East Main Street Westborough MA 01581 990 2009-10-01 237168440 EARTHWATCH Institute INC EART 8007760188 114 WESTERN AVENUE BOSTON MA 02134 gareth price 8007760188 2011-07-29 1 Matthew Troiano CPA 5083669100 2009 2016-02-24 21:20:13Z Gareth Price 114 WESTERN AVENUE BOSTON MA 02134 8390571 0 X www.earthwatch.org X 1972 MA Earthwatch Institute engages people worldwide in scientific field research and education to promote the understanding and action necessary for a sustainable environment. Since 1971, Earthwatch has empowered people of all ages and walks of life to contribute to hundreds of crucial, hands-on environmental research projects around the globe. 17 17 66 1411 0 0 7905109 7952618 0 -39944 50640 91281 109570 7956446 8112828 2616924 2666045 0 3519479 3447719 0 501373 4572761 4632699 10709164 10746463 -2752718 -2633635 9803077 6871774 1755671 1342181 8047406 5529593 Earthwatch Institute engages people worldwide in scientific field research and education to promote the understanding and action necessary for a sustainable environment. Since 1971, Earthwatch has empowered people of all ages and walks of life to contribute to hundreds of crucial, hands-on environmental research projects around the globe. 0 1 9133619 2666045 62274 Earthwatch's multi-tiered program involves a global community of researchers, conservation volunteers, educators, students, NGO's and businesses, working together towards a sustainable environment. Through its expeditions, Earthwatch engages individuals in hands-on, environmental research alongside leading scientists, where they actively participate in research that contributes to the understanding of environmental challenges. The program supports about 60 projects across nearly 40 countries, and draws $20 million in annual revenues, of which $10 million pertains to Earthwatch US, with more than 85% of its budget supporting science research and engagement. Earthwatch is dedicated to creating an environmental legacy through its research projects, experiential educational programs and hands-on volunteer opportunities in field research. 9133619 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 1 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 17 0 66 1 0 0 0 0 0 1 1 0 0 0 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA AK AZ AR CA CT DC FL GA HI IL KS KY ME MD MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X X ann barry 9784501205 114 Western Avenue Boston MA 02134 Whitney L Johnson 1.00 X X 0 0 0 Amy Ruth Borun 1.00 X 0 0 0 Richard M Burnes 1.00 X 0 0 0 Mark Cappellano 1.00 X 0 0 0 George A Eberstadt 1.00 X 0 0 0 Russell B Faucett 1.00 X 0 0 0 G Keith Funston 1.00 X X 0 0 0 Gary F Goldring 1.00 X 0 0 0 Donald R Kendall 1.00 X 0 0 0 Dr Margaret D Lowman 1.00 X 0 0 0 Dr William R Moomaw 1.00 X 0 0 0 Thomas H Nicholson 1.00 X 0 0 0 Dr Daniel I Rubenstein 1.00 X 0 0 0 Karen D Zukerman 1.00 X 0 0 0 Ruth C Scheer 1.00 X X 0 0 0 Alexandra Goelet 1.00 X 0 0 0 G Andrew Pindar OBE 1.00 X 0 0 0 Edward Wilson 40.00 X 181019 0 5170 gareth price 20.00 X 53803 0 0 nigel winser 40.00 X 0 0 0 BARBARA ERICKSON 40.00 X 144983 0 2262 Lisa Campbell 40.00 X 52283 0 7812 MARK CHANDLER 40.00 X 114838 0 757 James Fry 40.00 X 105855 0 265 Denise Trapani 40.00 X 120097 0 1470 brian rosborough 40.00 X 156017 0 0 928895 0 17736 6 1 1 1 Brian Rosborough 56 Elm Street Concord MA 01742 Management Consultant 140323 1 310967 41808 7599843 7952618 47052 47052 201148 197560 3588 3588 3588 127479 41808 80183 47296 47296 MISCELLANEOUS INCOME 900099 62274 62274 62274 8112828 62274 0 97936 322962 322962 756908 756908 1586175 1586175 455429 129483 235598 90348 2587561 2210471 208083 169007 140999 121398 13022 6579 263730 216429 24539 22762 732 732 49890 21206 28684 1680810 1489793 179558 11459 38135 37829 306 516383 378301 78637 59445 21727 9387 12340 379874 170933 208941 568741 469209 9234 90298 165352 118449 46903 2442 977 1465 104450 41780 62670 165551 150002 15549 program expenses 903309 896561 6289 459 MISCELLANEOUS 24914 23427 1487 dues and subscriptions 10389 4634 3129 2626 10746463 9133619 1111471 501373 220788 260890 383995 191868 6727902 3713080 254495 126458 1821327 1652561 220568 168766 1487030 1796906 508299 613806 9803077 6871774 367148 507735 1057542 834446 200000 130981 0 1755671 1342181 X -1655906 -1427142 8657629 5899380 1045683 1057355 8047406 5529593 9803077 6871774 X 0 1 1 X 0 X 12963855 20022694 11047899 7905109 7952618 59892175 12963855 20022694 11047899 7905109 7952618 59892175 12650103 47242072 95096 81294 102977 67173 47052 393592 154568 404932 36157 91281 109570 796508 61082275 0.77340 0.75120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 966935 108763 1075698 970529 -3594 966935 1.00000 0 0 31924 532 31392 637924 568226 69698 1151479 1083803 67676 168766 LEASE DEPOSIT 25000 INTANGIBLE ASSETS 66895 INTEREST IN INSURANCE POLICY CONTRACTS 419111 Due from affiliate, net 102800 613806 8112828 10746463 -2633635 115822 115822 -2517813 8228650 115822 115822 8112828 0 8112828 10746463 0 10746463 0 10746463 Part V, Line 4: Description of Intended Use of Endowment Funds: Earthwatch's endowment assets are invested in a manner that is intended to produce long-term yields while assuming a conservative risk. The endowment assets are used to generate income, based on an approved spending policy of the board used to support program and administrative activities of Earthwatch. Part X: Description of Uncertain Tax Positions Under FIN 48: Earthwatch follows the Accounting for Uncertainty in Income Taxes standard which requires Earthwatch to report uncertain tax positions, related interest and penalties, and to adjust its assets and liabilities related to unrecognized tax benefits and accrued interest and penalties accordingly. As of September 30, 2010, Earthwatch determined that there are no material unrecognized tax benefits to report. No income tax provision has been included in the accompanying financial statements. Earthwatch is subject to audit by tax authorities. Earthwatch believes that they have appropriate support for the positions taken on their information returns. 1 Central America and Caribbean 1 4 program services Research, Education, Engagement 189646 South America 1 5 program services Research, Education, Engagement 786688 Sub-Saharan Africa 1 1 program services Research, Education, Engagement 118594 East Asia and the Pacific 1 1 program services Research, Education, Engagement 55940 4 11 1150868 X East Asia and the Pacific principal investigator 32575 wire transfer South America principal investigator 40348 wire transfer europe principal investigator 70950 wire transfer Sub-Saharan Africa principal investigator 192516 wire transfer Central American & Carribean principal investigator 170903 wire transfer North America, except U.S. principal investigator 11650 wire transfer principal investigator Central America and the Carribean 2 92432 wire transfer principal investigator Europe 9 628001 wire transfer principal investigator North America 2 116235 wire transfer principal investigator South America 1 17489 wire transfer principal investigator Sub-Saharan Africa 5 213076 wire transfer Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: 1. Receive both solicited and unsolicited preliminary applications from the science community - Applications, including draft budget, are reviewed and evaluated on a rolling basis - Initial business review by Field Management, Research, Development/Corporate Programs, Volunteer Programs, Engagement, and Finance Departments; recommendation submitted which is accepted or rejected by the International Executive Team. - If decision is to invite full proposal, we invite the scientist to submit a detailed proposal. - Upon receipt of proposal, it is sent to be externally reviewed to establish scientific worth (some exceptions) - Budget and all fielding details are confirmed - Final details approved by internal review committee (if recommend to reject at this point, must go back to the International Executive Team) 2. Selected grantees are notified 3. Payments made to grantees per budget and timeline of projects 4. At end of field season, grantee required to submit receipts to document spending of funds 5. Budgets and fielding details are re-evaluated and approved on a yearly basis. 6. Projects re-submit a scientific proposal every 3-5 years (some exceptions) new york city event 116090 26654 89436 12866 25000 18778 beat the heat 53197 15154 38043 21767 1772 1 169287 41808 127479 34633 25000 20550 80183 47296 1 Drexel University 3201 Arch St Suite 100 Philadelphia PA 19104 231352630 27961 principal investigator Smithsonian Institute 24411 Network Place Chicago IL 60673 530206027 72550 principal investigator Teton Science Schools 700 Coyote Canyon Rd Jackson WY 83001 830219163 58873 principal investigator University of Maine PO Box 1280 Portland ME 04104 016000769 39374 principal investigator University of Vermont 85 SProspect street Burlington VT 05405 030179440 37460 principal investigator Denver Zoological Foundation 2300 Steele Street Denver CO 80205 840502539 61742 principal investigator Purdue University 2101 East Coliseum Blvd Fort Wayne IN 46805 356002041 11304 principal investigator Western Illinois University 1 University Circle Macomb IL 61465 370910458 10000 principal investigator Community Action Award 39 9650 principal investigator 22 747258 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: 1. Receive both solicited and unsolicited preliminary applications from the science community - Applications, including draft budget, are reviewed and evaluated on a rolling basis - Initial business review by Field Management, Research, Development/Corporate Programs, Volunteer Programs, Engagement, and Finance Departments; recommendation submitted which is accepted or rejected by the International Executive Team. - If decision is to invite full proposal, we invite the scientist to submit a detailed proposal. - Upon receipt of proposal, it is sent to be externally reviewed to establish scientific worth (some exceptions) - Budget and all fielding details are confirmed - Final details approved by internal review committee (if recommend to reject at this point, must go back to the International Executive Team) 2. Selected grantees are notified 3. Payments made to grantees per budget and timeline of projects 4. At end of field season, grantee required to submit receipts to document spending of funds 5. Budgets and fielding details are re-evaluated and approved on a yearly basis. 6. Projects re-submit a scientific proposal every 3-5 years (some exceptions) X X X 0 0 0 0 0 0 0 0 0 Edward Wilson 181019 0 0 0 0 0 0 0 5170 0 186189 0 0 0 brian rosborough 156017 0 0 0 0 0 0 0 0 0 156017 0 0 0 brian rosborough founding chairman and non-voting board member 140323 management consulting 0 Form 990, Part III, line 3 Changes in Program Services In fiscal year 2010, Earthwatch consolidated all program areas into one unified program in order to more accurately express our mission and streamline our processes. Through the intersection of research, conservation and education, Earthwatch is able to engage people worldwide and to promote the understanding and action necessary for a sustainable environment. Earthwatch's program is most effective when people come together to participate in hands-on field research and conservation activities, which contributes to their own environmental education in the process. Additionally, merging the program areas allows Earthwatch to become a more financially responsible, effective and agile organization. Form 990, Part VI, Section B, line 11 THE FORM 990 IS PROVIDED TO THE SENIOR LEADERSHIP TEAM FOR REVIEW AND THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. THE CFO WILL THEN SIGN OFF FOR ELECTRONIC FILING OF THE FORM 990. A COPY OF THE FINAL SIGNED 990 WILL BE SENT TO ALL MEMBERS OF THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, line 12c the board of directors monitor and enforce compliance with the conflict of interest policy to ensure that all appropriate personnel have signed the forms for the current fiscal year. Form 990, Part VI, Section B, line 15 the compensation committee reviews and approves written employment contracts for all employees at the executive level. after employment contracts are approved by the compensation committee, the board of directors review and approve the compensation contracts. Form 990, Part VI, Section C, line 19 earthwatch makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part VII, SECTION A: Earthwatch US compensated Earthwatch UK for the services of the international cfo, Gareth Price, in the amount of $53,803. the international cfo is an employee of earthwatch uk. FORM 990, PART XI, LINE 2C THE BOARD OVERSEES THE SELECTION OF THE AUDITORS AND MEETS WITH THE AUDITORS AT THE CONCLUSION OF THE AUDIT TO REVIEW RESULTS. FORM 990, PART VII, SECTION A: EARTHWATCH INSTITUTE, INC. AND EARTHWATCH EUROPE (an unrelated U.K. non-profit entity) ORGANIZED AND INCORPORATED EARTHWATCH INTERNATIONAL, INC. (EARTHWATCH INTERNATIONAL). EARTHWATCH INTERNATIONAL HAS NO ASSETS AND HAD NO ACTIVITY AS OF AND FOR THE YEAR ENDED SEPTEMBER 30, 2010. THE BOARD OF DIRECTORS OF EARTHWATCH INTERNATIONAL CONSISTS OF THE BOARD MEMBERS OF EACH OF THE INCORPORATORS, WITH EACH INCORPORATOR HAVING EQUAL VOTING POWER. EARTHWATCH INTERNATIONAL'S PURPOSE IS TO PROVIDE INTERNATIONALLY COORDINATED GOVERNANCE AND ADMINISTRATION FOR THE BENEFIT OF ORGANIZATIONS THROUGHOUT THE WORLD THAT USE EARTHWATCH TRADEMARKS AND BRAND. EACH PARTY MAINTAINS ITS OWN INDEPENDENT GOVERNANCE AND FINANCIAL INTEGRITY. CERTAIN COSTS, KEY EXECUTIVES AND PROGRAM AND ADMINISTRATIVE STAFF SERVE BOTH EARTHWATCH US AND EARTHWATCH EUROPE AND COSTS ARE SHARED UNDER A MEMORANDUM OF AGREEMENT BETWEEN THE ORGANIZATIONS. AS SUCH, THE EXECUTIVE EMPLOYEES THAT ARE SHARED BETWEEN EARTHWATCH US AND EARTHWATCH EUROPE, THAT ARE PAID BY EARTHWATCH EUROPE, ARE LISTED ON FORM 990, PART VII, SECTION A, WITHOUT COMPENSATION. Likewise, the executive employees that are shared between earthwatch US and earthwatch europe, that are paid by earthwatch US, are listed on Form 990, Part Vii, Section A, at their full compensation amounts. Additionally, Earthwatch US reimbursed Earthwatch Europe for the services of their CFO. The amount listed on Form 990, Part VII, Section A represents the reimbursement of 50% of his salary that is being paid to him by Earthwatch Europe. CLOCK TOWER FILMS LLC 114 WESTERN AVENUE boston MA 02134 342005695 VIDEO PRODUCTION MA 0 0 N/A