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Nonprofiteer
← WATTTIME CORPORATION

Form 990 for tax year 2022

Filed by WATTTIME CORPORATION.

Totals

Total revenue
$12,087,174
Total expenses
$12,462,010
Contributions and grants received
$10,347,478
Grants paid
$3,850,101
Program services expenses (Part IX)
$11,370,823
Management and general expenses
$996,931
Fundraising expenses
$94,256
Program service expenses (Part III)
$11,370,823

Program services were 91.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GAVIN MCCORMICK

    EXECUTIVE DIRECTOR

    Total calculated
    $189,927
    From this org
    $173,363
    From related orgs
    $0
    Other
    $16,564
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,363
    Bonus
    $0
    Other
    $0
    Deferred
    $7,000
    Nontaxable benefits
    $9,564
    Filer's total
    $189,927

  • KATHRYN RYAN

    COO (THRU 07/22)

    Total calculated
    $135,542
    From this org
    $107,389
    From related orgs
    $0
    Other
    $28,153
    Hours/week
    40

  • LYNN THOMAN

    BOARD CHAIR (START 07/22)

    Total calculated
    $0
    Hours/week
    2

  • JON CREYTS

    BOARD CHAIR (THRU 07/22)

    Total calculated
    $0
    Hours/week
    2

  • STEPHANIE KHURANA

    DIRECTOR (THRU 07/22)

    Total calculated
    $0
    Hours/week
    2

  • SCOTT MOURA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JEREMY FREEMAN

    SOFTWARE ENGINEER

    Total calculated
    $237,647
    From this org
    $194,003
    From related orgs
    $0
    Other
    $43,644
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,003
    Bonus
    $0
    Other
    $0
    Deferred
    $9,640
    Nontaxable benefits
    $34,004
    Filer's total
    $237,647

  • WILLIAM JOEL COFIELD

    SENIOR DATA SCIENTIST

    Total calculated
    $204,683
    From this org
    $186,536
    From related orgs
    $0
    Other
    $18,147
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,536
    Bonus
    $0
    Other
    $0
    Deferred
    $9,318
    Nontaxable benefits
    $8,829
    Filer's total
    $204,683

  • LAURA CIRINCIONE

    DIRECTOR OF PARTNERSHIPS

    Total calculated
    $201,341
    From this org
    $179,108
    From related orgs
    $0
    Other
    $22,233
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,108
    Bonus
    $0
    Other
    $0
    Deferred
    $4,127
    Nontaxable benefits
    $18,106
    Filer's total
    $201,341

  • SAM KOEBRICH

    DATA SCIENTIST

    Total calculated
    $186,328
    From this org
    $164,322
    From related orgs
    $0
    Other
    $22,006
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,322
    Bonus
    $0
    Other
    $0
    Deferred
    $7,169
    Nontaxable benefits
    $14,837
    Filer's total
    $186,328

  • HANNES KOENIG

    SENIOR MACHINE LEARNING ENGINEER

    Total calculated
    $170,826
    From this org
    $152,181
    From related orgs
    $0
    Other
    $18,645
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,181
    Bonus
    $0
    Other
    $0
    Deferred
    $5,729
    Nontaxable benefits
    $12,916
    Filer's total
    $170,826

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 — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE ORGANIZATION USES THE FOLLOWING METHOD TO ESTABLISH THE COMPENSATION OF ITS OFFICERS: WATTTIME CORPORATION HAS ENGAGED OUTSIDE COMPENSATION FIRMS TO REVIEW COMPENSATION AT ALL LEVELS AND HELP THE ORGANIZATION TO ESTABLISH COMPENSATION LEVELS THAT ARE APPROPRIATELY COMPETITIVE WITHIN THE MARKET FOR EACH LEVEL OF SENIORITY WITHIN DIFFERENT JOB FAMILIES. THIS REVIEW IS CONDUCTED EVERY FEW YEARS. THE LAST REVIEW WAS DONE IN 2019, AND THE NEXT IS SCHEDULED FOR MAY 2024. THE ORGANIZATION REGULARLY ENSURES NEW AND MODIFIED POSITIONS OF ALL LEVELS ARE APPROPRIATELY PRICED WITH REGARD TO SALARY AND BONUS, INCLUDING SENIOR LEVEL POSITIONS. ADDITIONALLY, THE BOARD OF TRUSTEES FORMED A RENUMERATION COMMITTEE IN 2013 TO ENSURE APPROPRIATE COMPENSATION PRACTICES ARE IN PLACE FOR THE ENTIRE INSTITUTE, INCLUSIVE OF THE EXECUTIVE LEVEL. A SEPARATE BOARD OF TRUSTEES COMMITTEE SETS THE EXECUTIVE DIRECTOR'S COMPENSATION. THIS COMMITTEE DID NOT MEET IN FY23, AND THE EXECUTIVE DIRECTOR'S COMPENSATION WAS UNCHANGED.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • THE EARTH GENOME

    $1,014,839

    BUILDING THE APPLICATION PROGRAMMING INTERFACE AND WEBSITE TO HOST AN OPEN, PUBLIC DATABASE OF ALL GREENHOUSE GAS EMISSIONS WORLDWIDE AS PART OF THE CLIMATE TRACE PROJECT.

  • ROCKY MOUNTAIN INSTITUTE

    $672,500

    BUILDING AN OPEN, PUBLIC DATABASE OF ALL GREENHOUSE GAS EMISSIONS FROM OIL AND GAS WORLDWIDE AS PART OF THE CLIMATE TRACE PROJECT.

  • GLOBAL ENERGY MONITOR

    $326,862

    DEVELOPING METHODOLOGY AS WELL AS UPDATING AND ENHANCING CURRENT DATA FOR "GEM TRACKERS" AS PART OF THE CLIMATE TRACE PROJECT.

  • CTREES

    $284,750

    BUILDING AN OPEN, PUBLIC DATABASE OF ALL GREENHOUSE GAS EMISSIONS FROM GLOBAL FOREST CARBON STOCKS AND EMISSIONS, AND REMOVALS FROM LAND USE ACTIVITIES AS PART OF THE CLIMATE TRACE PROJECT.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202401369349319005

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