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Nonprofiteer
← SPRING STREET CLIMATE FUND INC

Form 990 for tax year 2023

Filed by SPRING STREET CLIMATE FUND INC.

Totals

Total revenue
$1,744,553
Total expenses
$1,316,665
Contributions and grants received
$1,736,353
Grants paid
$337,315
Program service revenue
$8,200
Investment income
$0
Other revenue
$0
Total assets, end of year
$774,936
Total liabilities, end of year
$45,950
Net assets or fund balances, end of year
$728,986
Program services expenses (Part IX)
$883,332
Management and general expenses
$248,781
Fundraising expenses
$184,552
Program service expenses (Part III)
$883,332

Program services were 67.1% 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.

  • 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

    $1,736,353

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: PROGRAM SALES

    total $8,200 · related or exempt $8,200 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $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 $337,315 · program services $337,315

  • 5 · Compensation of officers, directors and key employees

    total $82,319 · program services $55,227 · management and general $15,554 · fundraising $11,538

  • 7 · Other salaries and wages

    total $355,424 · program services $91,859 · management and general $108,681 · fundraising $154,884

  • 8 · Pension plan contributions

    total $19,850 · program services $0 · management and general $19,850 · fundraising $0

  • 9 · Other employee benefits

    total $23,496 · program services $0 · management and general $23,496 · fundraising $0

  • 10 · Payroll taxes

    total $47,916 · program services $25,953 · management and general $8,669 · fundraising $13,294

  • 11b · Fees: legal

    total $13,831 · program services $11,531 · management and general $2,300 · fundraising $0

  • 11c · Fees: accounting

    total $7,700 · program services $0 · management and general $7,700 · fundraising $0

  • 11g · Fees: other

    total $329,599 · program services $303,510 · management and general $25,083 · fundraising $1,006

  • 12 · Advertising and promotion

    total $36,431 · program services $35,691 · management and general $740 · fundraising $0

  • 13 · Office expenses

    total $12,547 · program services $898 · management and general $8,847 · fundraising $2,802

  • 14 · Information technology

    total $19,053 · program services $2,793 · management and general $16,164 · fundraising $96

  • 16 · Occupancy

    total $5,414 · program services $0 · management and general $5,414 · fundraising $0

  • 17 · Travel

    total $13,182 · program services $11,014 · management and general $1,567 · fundraising $601

  • 19 · Conferences, conventions and meetings

    total $150 · program services $150 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $2,803 · program services $0 · management and general $2,803 · fundraising $0

  • 24a · Other expenses: PROGRAM EXPENSES

    total $7,760 · program services $6,250 · management and general $1,179 · fundraising $331

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,875 · program services $1,141 · management and general $734 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $314,874 · end of year $609,436

  • 4 · Accounts receivable

    end of year $165,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,067

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

    $500

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

    $0

  • 10c · Land, buildings and equipment, net

    end of year $500

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,843 · end of year $45,950

  • 27 · Net assets without donor restrictions

    beginning of year $301,098 · end of year $512,485

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $216,501

Mission and programs · 2023

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.

  • SPRING STREET'S GENERAL PROGRAM ACTIVITIES INCLUDE SUPPORT FOR GRASSROOTS CLIMATE EFFORTS USING MULTIPLE TOOLS INCLUDING GRANT MAKING, STRATEGY SUPPORT, FISCAL SPONSORSHIP FOR EFFORTS THAT FIT WITHIN SPRING STREET'S MISSION, PUBLIC EDUCATION ABOUT RELATED ISSUES, AND GRASSROOTS ORGANIZING OF AFFECTED CONSTITUENCIES.

    Expenses $883,332 · Grants $337,315 · Revenue $8,200

As filed on the 2023 return.

Listed in Part VII

  • John Raskin

    PRESIDENT

    Total calculated
    $101,813
    From this org
    $82,320
    From related orgs
    $0
    Other
    $19,493
    Hours/week
    40
  • Tabitha Decker

    CHAIR

    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.

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
19 May 2025
IRS schema version
2023v6.0
Source object
202511429349301701

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

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