Skip to main content

Nonprofit · EIN 27-1488092

THE OR FOUNDATION LTD

Tax-exempt · CAMBRIDGE, MD 21613

Financials

$5.5M$1.1M2022$7.9M$4.1M2023$8.4M$5M2024
Revenue Expenses · by fiscal year end
Financials of THE OR FOUNDATION LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,379,584$5,031,129$3,348,455$12,648,200$12,093$12,636,107
December 31, 2023990$7,895,638$4,067,940$3,827,698$7,896,618$12,526$7,884,092
December 31, 2022990 (amended)$5,506,291$1,141,999$4,364,292$4,507,371$0$4,507,371
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,029,749
Program service revenue
$28,962
Investment income
$305,301
Other revenue
$15,572

Expenses

Grants and similar amounts paid
$3,050,878
Compensation of officers, directors and key employees
$126,000
Salaries, compensation and benefits (total)
$361,247
Professional fundraising fees
$0
Accounting fees
$120,524
Travel
$477,846
Program services (functional)
$4,620,220
Management and general (functional)
$408,610
Fundraising (functional)
$2,299

Balance sheet and other

Total assets, start of year
$7,896,618
Total assets, end of year
$12,648,200
Total liabilities, end of year
$12,093
Net assets, end of year
$12,636,107
Publicly traded securities
$10,785,544
Gross receipts
$8,379,584
Employees
5
Volunteers
0
Year formed
2009
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ESHE HAMMEEMPLOYEE
Highest-paid employee
40$120,308
Elizabeth Rae RickettsFOUNDER/EXECUTIVE DIRECTOR
Trustee or director, Officer
65$70,254
James Branson SkinnerFOUNDER/EXECUTIVE PRODUCER
Trustee or director, Officer
65$70,166
Daniel Mawuli QuisTTREASURER
Trustee or director, Officer
6$0
YVETTE TETTEHBOARD MEMBER
Trustee or director
6$0
JAKE SARGENTBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
Elizabeth Rae RickettsFOUNDER/EXECUTIVE DIRECTOR
Trustee or director, Officer
65$42,800$6,744
James Branson SkinnerFOUNDER/EXECUTIVE PRODUCER
Trustee or director, Officer
65$42,800$6,636
Daniel Mawuli QuisTTREASURER
Trustee or director, Officer
6$0$0
YVETTE TETTEHBOARD MEMBER
Trustee or director
6$0$0
JAKE SARGENTBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2022: 6 people
NameTitleHours / weekCompensationOther / benefits
James Branson SkinnerFOUNDER/EXECUTIVE PRODUCER
Trustee or director, Officer
65$24,525$8,370
Elizabeth Rae RickettsFOUNDER/EXECUTIVE DIRECTOR
Trustee or director, Officer
65$24,525$8,370
Daniel Mawuli QuisTTREASURER
Trustee or director, Officer
6$0$0
YVETTE TETTEHBOARD MEMBER
Trustee or director
6$0$0
JAKE SARGENTBOARD MEMBER
Trustee or director
1$0$0
ANNIE GULLINGSRUDBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
103 CHOPTANK TER, CAMBRIDGE, MD 21613-1115
In care of
% JAMES BRANSON SKINNER
Mailing address (990-N for 2019)
103 Choptank Ter, Cambridge MD 21613
Principal officer (990 for 2024)
JAMES BRANSON SKINNER, 103 CHOPTANK TER, CAMBRIDGE, MD 216131115
Principal officer (990-N for 2019)
James Branson Skinner, 103 Choptank Ter, Cambridge MD 21613
Signed the 990
JAMES BRANSON SKINNER, CO-FOUNDER AND PRESIDENT
Phone
(240) 460-9516
Return prepared by
iVenture Accounting Group

Mission

The Or Foundation provides critical ecosystem health services and community education and economic empowerment programming, that along with material technology and transformation and public engagement with citizens beyond their roles as consumers, drives toward a justice-led circular textiles economy.

990 for the year ended December 31, 2024

Program accomplishments

  • Our Stop Waste Colonialism campaign has established a new precedent for Extended Producer Responsibility, one that does not simply offset the cost of waste management within a linear economy but rather that funds the transition to true circularity. Grounded in self-representation and extensive research, we are advocating for textile-based Extended Producer Responsibility (EPR) programs across the world to be Globally Accountable. Our campaign centers around a policy paper with more than 10,000 endorsements.
    Expenses $558,799 · revenue $6,748
  • We organize citizen scientists to perform weekly beach monitoring reports, tracking textile tentacles across a seven kilometer swath of Accra's beaches. Building on these findings we conduct weekly water and air sampling analysis along with regular passive air pollution monitoring in order to track the flow of waste pollution across the coastal environment. Through our first-of-its-kind solar powered research vessel, we will soon expand this monitoring and mapping effort off of the coastline and into the Gulf of Guinea.
    Expenses $157,607
  • We operate a paid apprenticeship program for young women leaving the dangerous job of head carrying secondhand clothing, which includes healthcare and education. We provide emergency relief for members of the secondhand clothing market in Ghana who encounter crisis. We install and maintain fire extinguishers across the market and operate long-range business transformation classes to bolster financial literacy skills. In addition we conduct weekly beach cleanups and perform material research and development to transform waste into new products and economic livelihoods.
    Expenses $3,002,606
  • Expenses $901,208 · grants $3,050,878 · revenue $3,002,605

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-1488092
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$12,648,200
Income (IRS master file)
$8,379,584

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,379,584$5,031,129$12,648,200IRS
990December 2023$7,895,638$4,067,940$7,896,618XML
990December 2022$5,506,291$1,141,999$4,507,371XML
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2019
Officer: James Branson Skinner
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1488092).

Questions about THE OR FOUNDATION LTD

What is the EIN of THE OR FOUNDATION LTD?
The employer identification number (EIN) of THE OR FOUNDATION LTD is 27-1488092.
Is THE OR FOUNDATION LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to THE OR FOUNDATION LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE OR FOUNDATION LTD file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE OR FOUNDATION LTD due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE OR FOUNDATION LTD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE OR FOUNDATION LTD?
The 990 for the year ended December 31, 2024 names JAMES BRANSON SKINNER.
Who are the officers and directors of THE OR FOUNDATION LTD?
The 990 for the year ended December 31, 2024 lists 6 people; 3 received compensation from the organization, the highest $120,308 (ESHE HAMME, EMPLOYEE).
How much revenue does THE OR FOUNDATION LTD have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,379,584, expenses of $5,031,129 and total assets of $12,648,200 at year end.

Other nonprofits in CAMBRIDGE

All nonprofits in CAMBRIDGE · Maryland · Education