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Nonprofiteer
← SPARK CLIMATE SOLUTIONS INC

Form 990 for tax year 2022

Filed by SPARK CLIMATE SOLUTIONS INC.

Totals

Total revenue
$11,729,345
Total expenses
$2,343,574
Contributions and grants received
$11,649,754
Grants paid
$1,160,621
Program service revenue
$0
Investment income
$12,111
Other revenue
$67,480
Total assets, end of year
$9,896,473
Total liabilities, end of year
$510,702
Net assets or fund balances, end of year
$9,385,771
Program services expenses (Part IX)
$1,838,054
Management and general expenses
$479,562
Fundraising expenses
$25,958
Program service expenses (Part III)
$1,838,054

Program services were 78.4% 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

    $11,649,754

  • 3 · Investment income

    total $12,111 · related or exempt $12,111

  • 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

  • 11a · Other revenue: Other Income

    total $67,480 · related or exempt $67,480

  • 11e · Other revenue, total

    $67,480

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $284,228 · program services $284,228

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $876,393 · program services $876,393

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $405,600 · program services $222,668 · management and general $169,017 · fundraising $13,915

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $286,372 · program services $157,214 · management and general $119,334 · fundraising $9,824

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $31,938 · program services $6,370 · management and general $25,312 · fundraising $256

  • 10 · Payroll taxes

    total $56,916 · program services $31,315 · management and general $23,755 · fundraising $1,846

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $342,433 · program services $240,127 · management and general $102,306

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $368 · program services $144 · management and general $224

  • 14 · Information technology

    total $3,366 · program services $1,832 · management and general $1,417 · fundraising $117

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $26,103 · program services $15,204 · management and general $10,899

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $1,784 · program services $1,180 · management and general $604

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $3,985 · management and general $3,985

  • 24a · Other expenses: Foreign Exchange

    total $7,540 · management and general $7,540

  • 24b · Other expenses: Books and Subscriptions

    total $7,295 · program services $1,379 · management and general $5,916

  • 24c · Other expenses: Other Expenses

    total $6,426 · management and general $6,426

  • 24d · Other expenses: Printing and Publications

    total $1,647 · management and general $1,647

  • 24e · All other expenses

    total $1,180 · management and general $1,180

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $2,050,376

  • 2 · Savings and temporary cash investments

    end of year $3,612,111

  • 3 · Pledges and grants receivable

    end of year $4,030,000

  • 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

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $3,986

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

    $200,000

  • 10c · Land, buildings and equipment, net

    end of year $200,000

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    end of year $13,534

  • 18 · Grants payable

    end of year $485,191

  • 25 · Other liabilities

    end of year $11,977

  • 27 · Net assets without donor restrictions

    end of year $5,208,529

  • 28 · Net assets with donor restrictions

    end of year $4,177,242

Mission and programs · 2022

Mission

Sparks mission is to accelerate progress in emerging, potentially high-impact approaches for climate mitigation and adaptation that will contribute to humanitys comprehensive portfolio of solutions and responses to enable our return to a safe climate while minimizing risk to societal stability.

  • To accelerate research and help build the ecosystem for understanding the potential and possibilities to mitigate enteric methane; for understanding the potential for Atmospheric Methane Removal; and for research into emerging potentially high-impact climate mitigation and adaptation solutions, responses, and resiliency approaches.

    Expenses $1,838,054 · Grants $1,160,621

As filed on the 2022 return.

Listed in Part VII

  • Remi Bouteille

    Hd of Strategy

    Total calculated
    $217,872
    From this org
    $217,872
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,872
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $217,872
  • David Mann

    Hd of Roadmappi

    Total calculated
    $187,728
    From this org
    $187,728
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,728
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $187,728
  • Erika Reinhardt

    Executive Dir.

    Total calculated
    $0
    Hours/week
    40
  • Cooper Rinzler

    Board Director

    Total calculated
    $0
    Hours/week
    40

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

Provenance

Return type
form_990
Tax year
2022
Filed
4 October 2023
IRS schema version
2022v5.0
Source object
202342779349301424

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