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research dossier

TRANSFORMERS FOUNDATION INC
NEW YORK, NY · EIN 842388186 · Form 990 · FY2024 · NTEE C30 · Environment · Small ($100K-$1M)
revenue
$247K
expenses
$274K
net assets
$11K
employees
0
program ratio
77%
mission · from form 990

TRANSFORMERS FOUNDATION IS THE UNIFIED VOICE REPRESENTING THE DENIM INDUSTRY AND ITS IDEAS FOR POSITIVE CHANGE. IT WAS FOUNDED TO PROVIDE A THUS-FAR MISSING PLATFORM TO THE JEANS AND DENIM SUPPLY CHAIN, AND A CENTRAL POINT OF CONTACT FOR CONSUMERS, BRANDS NGOS, AND MEDIA WHO WANT TO LEARN MORE ABOUT ETHICS AND SUSTAINABLE INNOVATION IN THE INDUSTRY. WE REPRESENT THE DENIM SUPPLY CHAIN: FROM FARMERS AND CHEMICAL SUPPLIERS TO DENIM MILLS.

profile · synthesized from sources

TransFormers Foundation Inc is a New York-based nonprofit that serves as a unified voice for the denim industry, promoting ethical and sustainable innovation across the supply chain. The organization conducts in-depth research on supply chain practices, produces industry reports, and fosters dialogue among stakeholders including farmers, chemical suppliers, denim mills, brands, and NGOs. It aims to address power imbalances and improve ethical purchasing practices within the global denim sector.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $106K
    RESEARCH & WRITING: THE TRANSFORMERS FOUNDATION SELECTS ONE SUBJECT FOR A DEEP DIVE RESEARCH PAPER ON ONE SUBJECT. 2020 RESEARCH PAPER WAS FOCUSED ON THE ETHICAL PURCHASING PRACTICES IN THE DENIM SUPPLY CHAIN THROUGH COVID-19. THIS PAPER ALSO HIGHLIGHTED THE POWER UNBALANCE BETWEEN BRANDS/BUYERS AND THEIR SUPPLIERS. THIS 70 PAGE REPORT WAS SHARED WITH B2B AS WELL AS B2C PRESS AND INDUSTRY EXPERTS AND PRESS. THIS PAPER WAS ENDORSED BY OVER 70 INDIVIDUAL COMPANIES THROUGHOUT THE SUPPLY CHAIN. SEPERATELY, WE HAVE RESEARCHERS AND WRITERS PREPARED TO FOCUS ON VARIOUS SUBJECTS WITHIN THE SUPPLY CHAIN TO PRODUCE ARTICLES THAT CAN BE SHARED THROUGH OUR INDUSTRY.
named programs · 1 · from sources

What they call their work

Research & Writing
Produces in-depth research papers and articles on ethical and sustainable practices in the denim supply chain; the 2020 report focused on ethical purchasing during the pandemic and power imbalances between brands and suppliers, endorsed by over 70 companies
activities · 1 group

What they do

  • Supply Chain Labor Rights Investigation and Advocacy 1 activity
    • Conducts and publishes research on ethical practices in the denim supply chain
      Produces in-depth research papers and articles on ethical purchasing practices and power dynamics within the denim supply chain, such as a 70-page report distributed to industry press and experts during the COVID-19 pandemic. Research efforts have received endorsements from over 70 companies in the sector.
financials · form 990 · fy2024
revenue
Total revenue$247K
Contributions & grants$215K87%
Program service revenue$34K14%
Investment income$-1K-1%
Other revenue$0
expenses
Total expenses$274K
Program expenses77%
Admin / overhead14%
Fundraising9%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$140K
Cash$11K
Investments$0
Liabilities$129K
Net assets$11K
Liquid reserves0.5 mo
3 years on record · 2020–2024 · YoY revenue -24.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
KIM VAN DER WEERD DIRECTOR 10 $51K
EMILY OLAH EXECUTIVE DIRECTOR 10 $20K
board members · 3
  • ALBERTO DE CONTI — DIRECTOR
  • ROBIN CORNELIUS — DIRECTOR
  • TRICIA CAREY — DIRECTOR
relationships · 1

Who they work with

  • Over 70 individual companies in the denim supply chain Partner — Endorsed the foundation's 2020 research paper on ethical purchasing practices, indicating collaborative support across the industry.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Centralized Industry Platform for Sustainable Innovation
    methodology: centralized industry platform
    By serving as a unified platform connecting diverse denim supply chain stakeholders—including producers, manufacturers, brands, NGOs, and media—we accelerate ethical and sustainable innovation because cross-sector collaboration enables shared standards and amplified impact.
  • Inclusive Supply Chain Representation
    methodology: inclusive supply chain representation
    By representing the entire denim supply chain—from raw material to finished product—in advocacy and research, we produce more equitable and effective industry reforms because systemic change requires input from all levels of production.