Skip to content
Nonprofiteer
← SPRING STREET CLIMATE FUND INC

Form 990 for tax year 2022

Filed by SPRING STREET CLIMATE FUND INC.

Totals

Total revenue
$954,147
Total expenses
$833,474
Contributions and grants received
$954,147
Grants paid
$380,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$315,941
Total liabilities, end of year
$14,843
Net assets or fund balances, end of year
$301,098
Program services expenses (Part IX)
$615,471
Management and general expenses
$120,040
Fundraising expenses
$97,963
Program service expenses (Part III)
$615,471

Program services were 73.8% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $954,147

  • 1g · Noncash contributions included above

    $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $380,000 · program services $380,000

  • 5 · Compensation of officers, directors and key employees

    total $54,291 · program services $20,016 · management and general $13,475 · fundraising $20,800

  • 7 · Other salaries and wages

    total $179,293 · program services $66,101 · management and general $44,502 · fundraising $68,690

  • 8 · Pension plan contributions

    total $11,541 · management and general $11,541

  • 9 · Other employee benefits

    total $20,438 · management and general $20,438

  • 10 · Payroll taxes

    total $18,506 · program services $6,822 · management and general $4,647 · fundraising $7,037

  • 11b · Fees: legal

    total $1,678 · management and general $1,678

  • 11c · Fees: accounting

    total $7,330 · management and general $7,330

  • 11g · Fees: other

    total $96,962 · program services $93,976 · management and general $2,686 · fundraising $300

  • 12 · Advertising and promotion

    total $26,348 · program services $25,816 · management and general $532

  • 13 · Office expenses

    total $8,708 · program services $2,741 · management and general $5,085 · fundraising $882

  • 14 · Information technology

    total $4,742 · program services $175 · management and general $4,471 · fundraising $96

  • 16 · Occupancy

    total $513 · management and general $513

  • 17 · Travel

    total $3,506 · program services $2,936 · management and general $412 · fundraising $158

  • 23 · Insurance

    total $2,730 · management and general $2,730

  • 24a · Other expenses: VOLUNTEER EVENTS EXPENSES

    total $16,888 · program services $16,888 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $134,223 · end of year $314,874

  • 4 · Accounts receivable

    beginning of year $50,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,010 · end of year $1,067

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,808 · end of year $14,843

  • 27 · Net assets without donor restrictions

    beginning of year $119,675 · end of year $301,098

  • 28 · Net assets with donor restrictions

    beginning of year $60,750 · end of year $0

Mission and programs · 2022

Mission

SPRING STREET CLIMATE FUND SUPPORTS HIGH-IMPACT POLICY CAMPAIGNS THAT CAN MAKE NEW YORK A MODEL STATE FOR CLIMATE PROGRESS. WE IDENTIFY OPPORTUNITIES TO WIN SCALABLE CLIMATE SOLUTIONS AND INVEST IN THE GRASSROOTS CLIMATE CAMPAIGNS THAT CAN SUCCEED.

  • THE EXEMPT PURPOSE OF SPRING STREET CLIMATE FUND INC. IS TO BUILD STATE-LEVEL CLIMATE POLICY THAT CAN SERVE AS A MODEL FOR OTHER STATES, FOR NATIONAL CLIMATE POLICY, AND FOR AMERICAN LEADERSHIP ON THE WORLD STAGE. TO FURTHER THIS EXEMPT PURPOSE, SPRING STREET IDENTIFIES SPECIFIC OPPORTUNITIES FOR PUBLIC POLICY CHANGES THAT WILL FIGHT CLIMATE CHANGE AND ARE MEANINGFUL AND WINNABLE, AND PARTNERS WITH GRASSROOTS AND COMMUNITY-BASED NONPROFIT ORGANIZATIONS TO WIN THESE PRIORITY CAMPAIGNS.

    Expenses $615,471 · Grants $380,000

As filed on the 2022 return.

Listed in Part VII

  • John Raskin

    PRESIDENT

    Total calculated
    $54,291
    From this org
    $54,291
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Tabitha Decker

    CHAIR PERSON

    Total calculated
    $0
    Hours/week
    2

  • Nick Sifuentes

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Celeste Lecompte

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Shuchi Talati

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
16 April 2024
IRS schema version
2022v5.0
Source object
202411089349301236

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.