Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $5,862,703

• 1f · All other contributions, gifts and grants

  $250,245,395

• 1g · Noncash contributions included above

  $192,568

• 2a · Program service revenue: PROGRAM CONSULTING REV

  total $73,000 · related or exempt $73,000

• 3 · Investment income

  total $7,904,816 · excluded $7,904,816

• 7a · Gross sales of assets other than inventory

  securities $72,275,000

• 7b · Less cost or other basis and sales expenses

  securities $69,894,153

• 7c · Gain or loss

  securities $2,380,847

• 7d · Net gain or loss

  total $2,380,847 · excluded $2,380,847

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $89,287,600 · program services $89,287,600

• 3 · Grants to foreign organizations and individuals

  total $89,510,267 · program services $89,510,267

• 5 · Compensation of officers, directors and key employees

  total $4,950,005 · program services $2,630,208 · management and general $1,636,654 · fundraising $683,143

• 7 · Other salaries and wages

  total $23,136,365 · program services $16,359,217 · management and general $5,667,154 · fundraising $1,109,994

• 8 · Pension plan contributions

  total $2,730,754 · program services $1,923,870 · management and general $683,189 · fundraising $123,695

• 9 · Other employee benefits

  total $4,916,017 · program services $3,705,519 · management and general $994,786 · fundraising $215,712

• 10 · Payroll taxes

  total $2,309,266 · program services $1,636,476 · management and general $384,034 · fundraising $288,756

• 11a · Fees: management

  total $2,588,471 · program services $2,155,070 · management and general $328,413 · fundraising $104,988

• 11b · Fees: legal

  total $363,620 · program services $82,566 · management and general $281,054

• 11c · Fees: accounting

  total $111,471 · management and general $111,471

• 11e · Fees: professional fundraising services

  total $72,126 · fundraising $72,126

• 11g · Fees: other

  total $30,679,691 · program services $29,758,162 · management and general $915,022 · fundraising $6,507

• 13 · Office expenses

  total $582,878 · program services $333,428 · management and general $172,739 · fundraising $76,711

• 14 · Information technology

  total $2,564,116 · program services $1,242,966 · management and general $1,171,822 · fundraising $149,328

• 16 · Occupancy

  total $1,960,923 · program services $1,261,685 · management and general $575,161 · fundraising $124,077

• 17 · Travel

  total $4,317,666 · program services $3,619,439 · management and general $576,628 · fundraising $121,599

• 19 · Conferences, conventions and meetings

  total $3,180,461 · program services $2,412,466 · management and general $761,087 · fundraising $6,908

• 22 · Depreciation, depletion and amortization

  total $349,143 · program services $210,224 · management and general $113,950 · fundraising $24,969

• 23 · Insurance

  total $64,940 · program services $1,816 · management and general $63,124

• 24a · Other expenses: BANK FEES

  total $116,727 · program services $43,630 · management and general $73,097

• 24b · Other expenses: BUSINESS LICENSES

  total $12,884 · management and general $12,884

• 24c · Other expenses: TAX FILING FEES

  total $9,153 · program services $1,100 · management and general $8,053

• 24d · Other expenses: REAL ESTATE TAX

  total $6,197 · program services $3,758 · management and general $2,010 · fundraising $429

• 24e · All other expenses

  total $179,891 · program services $106,761 · management and general $73,130

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $32,793,553 · end of year $1,661,090

• 2 · Savings and temporary cash investments

  beginning of year $303,326,193 · end of year $258,721,881

• 3 · Pledges and grants receivable

  beginning of year $123,187,684 · end of year $188,254,994

• 4 · Accounts receivable

  beginning of year $217,024 · end of year $299,090

• 9 · Prepaid expenses and deferred charges

  beginning of year $708,412 · end of year $1,281,704

• 10a · Land, buildings and equipment: cost or other basis

  $7,922,739

• 10b · Land, buildings and equipment: accumulated depreciation

  $6,707,903

• 10c · Land, buildings and equipment, net

  beginning of year $1,062,037 · end of year $1,214,836

• 11 · Investments: publicly traded securities

  beginning of year $35,405,873 · end of year $14,708,985

• 15 · Other assets

  beginning of year $6,437,521 · end of year $4,747,201

• 17 · Accounts payable and accrued expenses

  beginning of year $6,680,415 · end of year $6,937,390

• 18 · Grants payable

  beginning of year $88,009,807 · end of year $51,441,436

• 21 · Escrow or custodial account liability

  beginning of year $50,000 · end of year $0

• 25 · Other liabilities

  beginning of year $6,103,117 · end of year $4,293,656

• 27 · Net assets without donor restrictions

  beginning of year $28,795,357 · end of year $26,830,422

• 28 · Net assets with donor restrictions

  beginning of year $373,499,601 · end of year $381,386,877

The filer's explanations (Part III)

PART I, LINE 1A

MAKEEBA BROWNE (CHIEF OF EQUITY, JUSTICE AND CULTURE), SURABI MENON (VP, GLOBAL INTELLIGENCE), AND GRETCHEN RAU (DIRECTOR FOR THE EXECUTIVE OFFICE AND BOARD SECRETARY) RECEIVED A TAX GROSS-UP AS PART OF A BONUS PAID TO THEM IN 2023. THESE TAX GROSS-UP PAYMENTS WERE REPORTED ON FORM W-2S AS TAXABLE INCOME, AS REQUIRED, AND REPORTED AS COMPENSATION ON SCHEDULE J, PART II, COLUMN (B)(III).

PART I, LINE 4A

ILLYASHA PEETE RECEIVED A TAXABLE SEVERANCE PAYMENT OF $116,667 WHICH HAS BEEN REPORTED WITHIN "OTHER REPORTABLE COMPENSATION" IN SCHEDULE J, PART II, COLUMN (B)(III).

PART I, LINE 7

THE ORGANIZATION AWARDED BONUSES TO CERTAIN INDIVIDUALS WHICH WERE DETERMINED BY A SUPERVISOR OR THE BOARD OF DIRECTORS (DEPENDING ON THE EMPLOYEE) WHO UTILIZED DISCRETION IN DETERMINING THE AMOUNT OF PAYMENT, AND THUS WOULD BE CONSIDERED A NON-FIXED PAYMENT.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• CLIMATE AND LAND USE ALLIANCE LLC

  ENVIRONMENTAL · DE · income $33,797,956 · assets $52,057,800

  Directly controlled by CLIMATEWORKS FOUNDATION