Totals
- Total revenue
- $21,068,410
- Total expenses
- $21,356,903
- Contributions and grants received
- $20,954,558
- Grants paid
- $0
- Program service revenue
- $30,750
- Investment income
- $83,102
- Other revenue
- $0
- Total assets, end of year
- $7,320,152
- Total liabilities, end of year
- $2,430,432
- Net assets or fund balances, end of year
- $4,889,720
- Program services expenses (Part IX)
- $21,207,008
- Management and general expenses
- $149,895
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $21,207,008
Program services were 99.3% 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.
-
1f · All other contributions, gifts and grants
$20,954,558
-
2a · Program service revenue: Project Finder Fee
total $30,750 · related or exempt $30,750
-
3 · Investment income
total $83,102 · excluded $83,102
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $490,962 · program services $441,866 · management and general $49,096
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $714,706 · program services $643,235 · management and general $71,471
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $61,181 · program services $55,063 · management and general $6,118
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $4,885 · program services $4,885
-
11c · Fees: accounting
total $21,535 · program services $18,349 · management and general $3,186
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $10,325 · program services $10,325
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $370,001 · program services $370,001
-
13 · Office expenses
total $70,707 · program services $63,636 · management and general $7,071
-
14 · Information technology
total $151,292 · program services $151,292
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $58,551 · program services $58,551
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $129,536 · program services $116,583 · management and general $12,953
-
23 · Insurance
total $0
-
24a · Other expenses: Carbon reduction projects
total $19,061,192 · program services $19,061,192
-
24b · Other expenses: Outside consulting services
total $175,110 · program services $175,110
-
24c · Other expenses: Bank charges and fees
total $36,920 · program services $36,920
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,089,525 · end of year $664,884
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $4,843,574 · end of year $3,918,838
-
9 · Prepaid expenses and deferred charges
beginning of year $1,962,752 · end of year $1,918,088
-
10a · Land, buildings and equipment: cost or other basis
$65,076
-
10b · Land, buildings and equipment: accumulated depreciation
$59,270
-
10c · Land, buildings and equipment, net
end of year $5,806
-
11 · Investments: publicly traded securities
beginning of year $149,862 · end of year $436,907
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $135,838 · end of year $375,629
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,160,430 · end of year $532,512
-
19 · Deferred revenue
beginning of year $1,913,228 · end of year $1,897,920
-
27 · Net assets without donor restrictions
beginning of year $5,107,893 · end of year $4,889,720
Mission and programs · 2023
Mission
Cool Effect believes that small actions ignite planet-sized changes. The Organization developed a platform that brings people together to support the worlds best carbon emission reduction projects.
Activities or mission (Part I)
Cool Effects mission is to help individuals and businesses understand and reduce their carbon footprint by supporting verified carbon reducing projects across the globe.
-
Cool Effects mission is to reduce carbon emissions by supporting projects across the globe that reduce carbon dioxide. Cool Effect educates the public on the effects of carbon on the climate and solicits donations to support carbon reduction projects, empowering individuals and businesses to take action in minimizing the emissions of carbon into the atmosphere.Cool Effect performs a deep analysis on both the science and the business structure of projects that claim to remove carbon from the atmosphere. All projects under consideration must first be approved by third-party standard-keeping organizations such as the gold standard, verified carbon standard, and CCR, among others.
Expenses $21,207,008 · Revenue $30,750
-
Cool Effect then undertakes an extensive review process using its team of scientiststo ensure the project meets very tough standards. At that same time, Cool Effect also reviews project management to assess whether donations are going where theyshould and that the project will operate well into the future.
As filed on the 2023 return.
Listed in Part VII
-
Jodi Manning
Marketing
- Total calculated
- $373,224
- From this org
- $0
- From related orgs
- $373,224
- Other
- $0
- Hours/week
- 40 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $373,224 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $373,224 related
-
Blake Lawrence
Marketing Mgr
- Total calculated
- $161,902
- From this org
- $0
- From related orgs
- $161,902
- Other
- $0
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $161,902 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $161,902 related
-
JR Patterson
Controller
- Total calculated
- $125,075
- From this org
- $0
- From related orgs
- $125,075
- Other
- $0
- Hours/week
- 0 + 20 related
-
Mike Bruce
CFO/COO
- Total calculated
- $117,737
- From this org
- $0
- From related orgs
- $117,737
- Other
- $0
- Hours/week
- 20 + 20 related
-
Richard H Lawrence JrRICHARD H LAWRENCE JR
Co-Founder
- Total calculated
- $0
- Hours/week
- 2
-
Dee LawrenceDEE LAWRENCE
Co-Founder
- Total calculated
- $0
- Hours/week
- 40
-
Skye LawrenceSKYE LAWRENCE
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Robert Dubrow
Advisory Board
- Total calculated
- $0
- Hours/week
- 0.5
-
Hector Morales
Advisory Board
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Michael Wara
Advisory Board
- Total calculated
- $0
- Hours/week
- 0.5
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. 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
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
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
OVERLOOK INVESTMENTS INC
C Corp · Fund Management · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521349349313762
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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