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Nonprofiteer
← SPRING STREET CLIMATE FUND INC

Form 990 for tax year 2024

Filed by SPRING STREET CLIMATE FUND INC.

Totals

Total revenue
$3,172,536
Total expenses
$2,556,138
Contributions and grants received
$2,764,964
Grants paid
$361,541
Program service revenue
$406,682
Investment income
$832
Other revenue
$58
Total assets, end of year
$1,380,340
Total liabilities, end of year
$34,955
Net assets or fund balances, end of year
$1,345,385
Program services expenses (Part IX)
$1,771,955
Management and general expenses
$444,995
Fundraising expenses
$339,188
Program service expenses (Part III)
$1,771,955

Program services were 69.3% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $28,995

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $2,735,969

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: FS PAYROLL REIMBURSEMENT REVENUE

    total $331,255 · related or exempt $331,255 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: FISCAL SPONSORSHIP

    total $75,427 · related or exempt $75,427 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $832 · related or exempt $0 · unrelated business $0 · excluded $832

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11d · All other revenue

    total $58 · related or exempt $58 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $58

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $361,541 · program services $361,541

  • 5 · Compensation of officers, directors and key employees

    total $224,538 · program services $71,993 · management and general $74,568 · fundraising $77,977

  • 7 · Other salaries and wages

    total $627,755 · program services $220,987 · management and general $167,413 · fundraising $239,355

  • 8 · Pension plan contributions

    total $30,972 · management and general $30,972

  • 9 · Other employee benefits

    total $27,365 · management and general $27,365

  • 10 · Payroll taxes

    total $73,276 · program services $29,694 · management and general $25,785 · fundraising $17,797

  • 11b · Fees: legal

    total $20,552 · program services $13,362 · management and general $7,190

  • 11c · Fees: accounting

    total $39,944 · management and general $39,944

  • 11g · Fees: other

    total $687,933 · program services $663,794 · management and general $22,218 · fundraising $1,921

  • 12 · Advertising and promotion

    total $4,852 · program services $4,754 · management and general $98

  • 13 · Office expenses

    total $24,695 · program services $5,014 · management and general $18,549 · fundraising $1,132

  • 14 · Information technology

    total $9,376 · program services $2,755 · management and general $6,525 · fundraising $96

  • 16 · Occupancy

    total $23,529 · program services $7,450 · management and general $16,079

  • 17 · Travel

    total $17,487 · program services $15,114 · management and general $2,373

  • 19 · Conferences, conventions and meetings

    total $2,710 · program services $1,800 · fundraising $910

  • 23 · Insurance

    total $2,866 · management and general $2,866

  • 24a · Other expenses: PAYROLL REIMBURSEMENT EXPENSE

    total $331,255 · program services $331,255 · management and general $0 · fundraising $0

  • 24b · Other expenses: PROGRAM EXPENSES

    total $45,492 · program services $42,442 · management and general $3,050 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $609,436 · end of year $898,615

  • 2 · Savings and temporary cash investments

    end of year $411,032

  • 4 · Accounts receivable

    beginning of year $165,000 · end of year $70,693

  • 10c · Land, buildings and equipment, net

    beginning of year $500

  • 17 · Accounts payable and accrued expenses

    beginning of year $45,950 · end of year $34,955

  • 27 · Net assets without donor restrictions

    beginning of year $512,485 · end of year $822,922

  • 28 · Net assets with donor restrictions

    beginning of year $216,501 · end of year $522,463

Mission and programs · 2024

Mission

SPRING STREET CLIMATE FUND SUPPORTS HIGH-IMPACT POLICY CAMPAIGNS THAT CAN MAKE NEW YORK A MODEL STATE FOR CLIMATE PROGRESS. WE IDENTIFY OPPORTUNITIES TO WIN SCALABLE CLIMATE SOLUTIONS AND INVEST IN THE GRASSROOTS CLIMATE CAMPAIGNS THAT CAN SUCCEED.

  • FISCAL SPONSORSHIP - SPRING STREET CLIMATE FUND'S FISCAL SPONSORSHIP PROGRAM SUPPORTS ALIGNED CLIMATE AND ADVOCACY PROJECTS BY PROVIDING FINANCIAL MANAGEMENT, ADMINISTRATIVE SUPPORT, COMPLIANCE OVERSIGHT, AND OPERATIONAL INFRASTRUCTURE. THIS ALLOWS SPONSORED PROJECTS TO FOCUS ON THEIR PROGRAMS AND ORGANIZING WORK WHILE OPERATING UNDER SSCF'S NONPROFIT STRUCTURE.

    Expenses $1,073,163 · Grants $240,541 · Revenue $385,989

  • GENERAL PROGRAM - THE GENERAL PROGRAM SUPPORTS THE CORE OPERATIONS AND ONGOING WORK OF SPRING STREET CLIMATE FUND. THIS INCLUDES ORGANIZATIONAL MANAGEMENT, INTERNAL OPERATIONS, COMMUNICATIONS, AND ADMINISTRATIVE SUPPORT NECESSARY TO CARRY OUT THE ORGANIZATION'S MISSION. THE PROGRAM ALSO SUPPORTS PLANNING, COORDINATION, AND OPERATIONAL CAPACITY-BUILDING ACROSS SSCF'S INITIATIVES AND PARTNERSHIPS.

    Expenses $698,792 · Grants $161,000 · Revenue $20,693

As filed on the 2024 return.

Listed in Part VII

  • John Raskin

    BOARD MEMBER

    Total calculated
    $123,535
    From this org
    $103,508
    From related orgs
    $0
    Other
    $20,027
    Hours/week
    40

  • Sonia Isard

    MANAGING DIRECTOR

    Total calculated
    $101,003
    From this org
    $101,003
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Tabitha Decker

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Nick Sifuentes

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Celeste Lecompte

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Shuchi Talati

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Delia Kulukundis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
2 June 2026
IRS schema version
2024v5.0
Source object
202601559349300935

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