Totals
- Total revenue
- $5,991,551
- Total expenses
- $1,672,901
- Contributions and grants received
- $5,513,745
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $477,806
- Other revenue
- $0
- Total assets, end of year
- $18,574,921
- Total liabilities, end of year
- $4,876,888
- Net assets or fund balances, end of year
- $13,698,033
- Program services expenses (Part IX)
- $185,644
- Management and general expenses
- $438,800
- Fundraising expenses
- $1,048,457
- Program service expenses (Part III)
- $185,644
Program services were 11.1% 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
$5,513,745
-
7a · Gross sales of assets other than inventory
other assets $2,688,187
-
7b · Less cost or other basis and sales expenses
other assets $2,210,381
-
7c · Gain or loss
other assets $477,806
-
7d · Net gain or loss
total $477,806 · excluded $477,806
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $63,000 · program services $25,200 · management and general $25,200 · fundraising $12,600
-
7 · Other salaries and wages
total $40,691 · fundraising $40,691
-
9 · Other employee benefits
total $175 · fundraising $175
-
10 · Payroll taxes
total $9,791 · fundraising $9,791
-
11b · Fees: legal
total $45,354 · program services $23,849 · management and general $9,229 · fundraising $12,276
-
11c · Fees: accounting
total $129,712 · management and general $129,712
-
11e · Fees: professional fundraising services
total $874,064 · fundraising $874,064
-
11g · Fees: other
total $168,205 · program services $89,582 · management and general $9,849 · fundraising $68,774
-
12 · Advertising and promotion
total $1,892 · program services $574 · management and general $63 · fundraising $1,255
-
13 · Office expenses
total $278,080 · program services $15,272 · management and general $259,400 · fundraising $3,408
-
14 · Information technology
total $60,970 · program services $30,621 · management and general $5,183 · fundraising $25,166
-
16 · Occupancy
total $880 · program services $527 · management and general $140 · fundraising $213
-
22 · Depreciation, depletion and amortization
total $87 · program services $19 · management and general $24 · fundraising $44
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $712,861 · end of year $1,257,337
-
3 · Pledges and grants receivable
beginning of year $441,000 · end of year $65,951
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $17,198
-
13 · Investments: program-related
beginning of year $13,252,029 · end of year $17,251,633
-
17 · Accounts payable and accrued expenses
beginning of year $68,505 · end of year $151,688
-
23 · Secured mortgages and notes payable
beginning of year $2,500,000 · end of year $2,250,000
-
25 · Other liabilities
beginning of year $2,475,200 · end of year $2,475,200
-
27 · Net assets without donor restrictions
beginning of year $8,938,383 · end of year $13,632,082
-
28 · Net assets with donor restrictions
beginning of year $441,000 · end of year $65,951
Mission and programs · 2023
Mission
TO LOWER THE CONCENTRATION OF GREENHOUSE GASES IN THE ATMOSPHERE TO SLOW AND EVEN REVERSE THE EFFECTS OF CLIMATE CHANGE.
Activities or mission (Part I)
TO LOWER THE CONCENTRATION OF GREENHOUSE GASES IN THE ATMOSPHERE TO SLOW, AND EVEN REVERSE, THE EFFECTS OF CLIMATE CHANGE.
-
REDUCE # OF CARBON ALLOWANCES AVAILABLE FOR CO2 EMITTERS IN ORDER TO ULTIMATELY REDUCE THE CO2 BEING EMITTED IN THE ATMOSPHERE.THE PROGRAM INVOLVES THE PURCHASE OF OFFSET ALLOWANCES, WHICH ARE CAPITALIZED AS PROGRAM RELATED INVESTMENTS, WHICH REDUCES FUTURE CARBON DIOXIDE EMISSIONS BY "VAULTING" THEM. THIS PREVENTS CARBON-EMITTING-COMPANIES FROM PURCHASING THOSE SAME ALLOWANCES AND CAPPING FUTURE CARBON DIOXIDE EMISSIONS. THE INTENTION TO MONETIZE SOME OF THE CARBON DIOXIDE ALLOWANCES IN ITS VAULT TO AWARD GRANTS TO PROMISING, CUTTING-EDGE RESEARCH AND TECHNOLOGY AIMED AT MAKING CARBON DIOXIDE REMOVAL MORE EFFECTIVE.
Expenses $185,644
As filed on the 2023 return.
Listed in Part VII
-
ERIN TRAPP
EXECUTIVE CHAIR
- Total calculated
- $55,500
- From this org
- $55,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
HAROLD HALL
DIRECTOR
- Total calculated
- $7,500
- From this org
- $7,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
MICHAEL GREENSTONE
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 3
-
BALA SRINIVASAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
DON WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 October 2025
- IRS schema version
- 2023v6.0
- Source object
- 202502889349303410
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