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← CLIMATE REALITY ACTION FUND

Form 990 for tax year 2023

Filed by CLIMATE REALITY ACTION FUND.

Totals

Total revenue
$2,433
Total expenses
$82,942
Contributions and grants received
$836
Grants paid
$0
Program service revenue
$0
Investment income
$105
Other revenue
$1,492
Total assets, end of year
$13,090
Total liabilities, end of year
$142,042
Net assets or fund balances, end of year
-$128,952
Program services expenses (Part IX)
$18,500
Management and general expenses
$63,712
Fundraising expenses
$730
Program service expenses (Part III)
$18,500

Program services were 22.3% 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

    $836

  • 3 · Investment income

    total $105 · excluded $105

  • 11a · Other revenue: OTHER INCOME

    total $1,492 · excluded $1,492

  • 11e · Other revenue, total

    $1,492

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $347 · program services $347

  • 7 · Other salaries and wages

    total $10,058 · program services $2,224 · management and general $7,229 · fundraising $605

  • 8 · Pension plan contributions

    total $433 · program services $101 · management and general $304 · fundraising $28

  • 9 · Other employee benefits

    total $750 · program services $175 · management and general $526 · fundraising $49

  • 10 · Payroll taxes

    total $771 · program services $194 · management and general $529 · fundraising $48

  • 11b · Fees: legal

    total $5,734 · program services $140 · management and general $5,594

  • 11c · Fees: accounting

    total $15,730 · program services $384 · management and general $15,346

  • 11g · Fees: other

    total $5,179 · program services $3,007 · management and general $2,172

  • 12 · Advertising and promotion

    total $127 · program services $127

  • 13 · Office expenses

    total $1,049 · program services $719 · management and general $330

  • 14 · Information technology

    total $13,922 · program services $682 · management and general $13,240

  • 16 · Occupancy

    total $631 · management and general $631

  • 23 · Insurance

    total $17,238 · management and general $17,238

  • 24a · Other expenses: PUBLICATIONS & SUBS.

    total $10,073 · program services $10,000 · management and general $73

  • 24b · Other expenses: TAXES & FEES

    total $449 · management and general $449

  • 24c · Other expenses: MISCELLANEOUS

    total $448 · program services $400 · management and general $48

  • 24d · Other expenses: MERCHANT FEES

    total $3 · management and general $3

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $22,378 · end of year $9,333

  • 2 · Savings and temporary cash investments

    beginning of year $78 · end of year $79

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,896 · end of year $3,678

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,887 · end of year $10,600

  • 25 · Other liabilities

    beginning of year $55,908 · end of year $131,442

  • 27 · Net assets without donor restrictions

    beginning of year -$48,443 · end of year -$128,952

Mission and programs · 2023

Mission

THE CLIMATE REALITY ACTION FUND IS A NONPROFIT ORGANIZATION FOUNDED BY NOBEL LAUREATE AND FORMER US VICE PRESIDENT AL GORE TO FORCE CLIMATE ACTION TO THE TOP OF THE POLITICAL AGENDA WORLDWIDE.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • THE CLIMATE REALITY ACTION FUND ORGANIZES AMERICANS TO FIGHT FOR POLICIES THAT PROTECT OUR CLIMATE AND ACCELERATE A JUST TRANSITION TO CLEAN ENERGY THAT CREATES GREEN JOBS AND A SUSTAINABLE FUTURE FOR ALL.

    Expenses $18,500

As filed on the 2023 return.

Listed in Part VII

  • Larry J Schweiger

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Tammy Murphy

    SECRETARY (UNTIL 11/2023)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • George T Frampton Hr

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Phyllis Cuttino

    CEO

    Total calculated
    $529,649
    From this org
    $0
    From related orgs
    $497,105
    Other
    $32,544
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $397,684 related
    Bonus
    $0 + $99,421 related
    Other
    $0
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $12,744 related
    Filer's total
    $0 + $529,649 related

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

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION, THE ALLIANCE FOR CLIMATE PROTECTION, WHICH USES THE FOLLOWING METHODS TO DETERMINE COMPENSATION FOR THE PRESIDENT & CEO: - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

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.

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
2023
Filed
5 November 2024
IRS schema version
2023v5.1
Source object
202403109349301725

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