CLIMATE ARC INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CLIMATE ARC INC (EIN 93-2684544)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202503219349310915
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T12:07:07+00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135381590 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DR STE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 221023599 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 932684544 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIMATE ARC INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLIM | BusinessNameControlTxt |
| Phone | 9042249917 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 THE GREEN SUITE B | AddressLine1Txt |
| City | DOVER | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19901 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Richard Craig | PersonNm |
| Person Title | HEAD OF BUSINESS OPS | PersonTitleTxt |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TODD TERESCO | PreparerPersonNm |
| PTIN | P00247720 | PTIN |
| Phone | 7038930600 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Richard Craig | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 THE GREEN SUITE B | AddressLine1Txt |
| City | DOVER | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $44,432,743 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://CLIMATEARC.ORG/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2023 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | CLIMATE ARC INC. SEEKS TO PROVIDE SOLUTIONS TO THE PROBLEM OF CLIMATE CHANGE BY DEVELOPING THE FRAMEWORKS, METHODOLOGIES, AND STANDARDS THAT GUIDE FINANCIAL DECISION-MAKING, CURATING GLOBAL FLOWS OF DATA AND INSIGHTS, AND BUILDING NETWORKS OF PEOPLE WORLDWIDE TO INTEGRATE CLIMATE SCIENCE INTO FINANCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Total Volunteers | 2 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,606,235 | PYContributionsGrantsAmt |
| CY Contributions Grants | $44,217,959 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,567 | PYInvestmentIncomeAmt |
| CY Investment Income | $209,378 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $5,406 | CYOtherRevenueAmt |
| PY Total Revenue | $2,609,802 | PYTotalRevenueAmt |
| CY Total Revenue | $44,432,743 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $14,495,141 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,496,537 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $515,677 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,248 | PYOtherExpensesAmt |
| CY Other Expenses | $3,994,011 | CYOtherExpensesAmt |
| PY Total Expenses | $8,248 | PYTotalExpensesAmt |
| CY Total Expenses | $22,985,689 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,601,554 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $21,447,054 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,601,589 | TotalAssetsBOYAmt |
| Total Assets EOY | $30,450,458 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $35 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,401,850 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,601,554 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $24,048,608 | NetAssetsOrFundBalancesEOYAmt |
| Mission | CLIMATE ARC INC. SEEKS TO PROVIDE SOLUTIONS TO THE PROBLEM OF CLIMATE CHANGE BY (1) DEVELOPING THE FRAMEWORKS, METHODOLOGIES, AND STANDARDS THAT GUIDE THE DIRECTION AND PACE OF FINANCIAL DECISIONS, (2) OPENING UP AND CURATING GLOBAL FLOWS OF DATA, INFORMATION, AND INSIGHTS, AND (3) UPSKILLING AND CREATING NETWORKS OF PEOPLE WORLDWIDE TO INTEGRATE CLIMATE SCIENCE INTO FINANCIAL DECISIONS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $15,525,701 | ExpenseAmt |
| Grant | $14,495,141 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Partnerships and Impact - Covers the Grant making Program, which funds projects developing climate-finance tools, datasets, and methodologies (e.g., PACTA 2.0, Lobby Map, Resilient Planet Data Hub), and the Climate Finance Hub Brazil, a localized coalition focused on upskilling the Brazilian financial community and producing in-depth corporate climate-transition analysis. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,507,093 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Research and Programs - Includes TransitionArc, a proprietary platform that aggregates climate-transition data and analysis to support financial institutions in assessing corporate climate performance, freely accessible to registered users. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $766,505 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Communications and Engagement - Focuses on collaboration with financial institutions, nonprofits, and climate experts to promote common standards, share insights, and drive systemic change through communication campaigns and sector convenings. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $18,799,299 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Policies Reference Chapters | false | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELAINE MILLER CO BDO USA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7038930600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 THE GREEN B | AddressLine1Txt |
| City | DOVER | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19901 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MERYAM OMI | |||||||
| CHIEF EXECUTIVE OFFICER | 35.0 | Yes (X) | Yes (X) | $393,762 | $0 | $80,896 | |
| BILL BIEN | |||||||
| DIRECTOR | 1.0 | Yes (X) | $2,422 | $0 | $0 | ||
| DARLENE CURRIE | |||||||
| DIRECTOR | 1.0 | Yes (X) | $9,807 | $0 | $0 | ||
| EMMA HOWARD-BOYD | |||||||
| CHAIR | 1.0 | Yes (X) | $33,458 | $0 | $0 | ||
| BEATE VAN LOO- BORN | |||||||
| FORMER CCO | 35.0 | Yes (X) | $331,358 | $0 | $3,883 | ||
| FELIX Preston | |||||||
| Director of Research & Program | 35.0 | $241,005 | $0 | $50,073 | Yes (X) | ||
| JOEL Paque | |||||||
| Head of Fundraising | 35.0 | $199,304 | $0 | $26,400 | Yes (X) | ||
| KAYE Bettney | |||||||
| Director of People & Culture | 35.0 | $139,834 | $0 | $28,943 | Yes (X) | ||
| Lukasz Mastalerz | |||||||
| Head of Technology | 35.0 | $124,455 | $0 | $0 | Yes (X) | ||
| Marta Guglielmetti | |||||||
| Former Director of Partnerships | 35.0 | $169,394 | $0 | $4,847 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,644,799 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $195,042 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|
| Applied Works | |||||||||
| The Old Map Room Makerversity Some | London | UK | WC2R1LA | Design & Communications Consultants | $1,006,974 | ||||
| Sigma Labs | |||||||||
| 20-22 Wenlock Road | London | UK | N17GU | Technology Consultant | $252,248 | ||||
| Jen Johnston Executive Coaching | |||||||||
| Harwood House | London | UK | SW64QP | Executive Coaching | $150,482 | ||||
| BDO USA | |||||||||
| Accounting Services | $136,264 | PO Box 642743 | Pittsburgh | PA | 15264 | ||||
| Corporate Knights Inc | |||||||||
| 147 Spadina Avenue Suite 207 | Toronto | CA | M5V2L7 | Sustainable Economy Intelligence Database | $121,400 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $44,217,959 | AllOtherContributionsAmt |
| Total Contributions | $44,217,959 | TotalContributionsAmt |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $209,378 | TotalRevenueColumnAmt |
| Exclusion | $209,378 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $5,406 | TotalRevenueColumnAmt |
| Exclusion | $5,406 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,406 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $44,432,743 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $214,784 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $418,205 | TotalAmt |
| Program Services | $418,205 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,076,936 | TotalAmt |
| Program Services | $14,076,936 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $809,899 | TotalAmt |
| Management And General | $617,717 | ManagementAndGeneralAmt |
| Fundraising | $192,182 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,842,701 | TotalAmt |
| Program Services | $1,733,956 | ProgramServicesAmt |
| Management And General | $785,250 | ManagementAndGeneralAmt |
| Fundraising | $323,495 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,627 | TotalAmt |
| Program Services | $112,904 | ProgramServicesAmt |
| Management And General | $125,723 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $195,545 | TotalAmt |
| Program Services | $104,999 | ProgramServicesAmt |
| Management And General | $90,546 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $409,765 | TotalAmt |
| Program Services | $196,233 | ProgramServicesAmt |
| Management And General | $213,532 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,568 | TotalAmt |
| Management And General | $235,568 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,161 | TotalAmt |
| Management And General | $220,161 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,729,656 | TotalAmt |
| Program Services | $1,310,850 | ProgramServicesAmt |
| Management And General | $418,806 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,441 | TotalAmt |
| Program Services | $4,441 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,612 | TotalAmt |
| Program Services | $251 | ProgramServicesAmt |
| Management And General | $6,361 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $627,683 | TotalAmt |
| Program Services | $523,690 | ProgramServicesAmt |
| Management And General | $103,993 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,188 | TotalAmt |
| Management And General | $125,188 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,381 | TotalAmt |
| Program Services | $157,894 | ProgramServicesAmt |
| Management And General | $102,487 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,006 | TotalAmt |
| Program Services | $61,006 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,005 | TotalAmt |
| Management And General | $52,005 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,222 | TotalAmt |
| Program Services | $1,079 | ProgramServicesAmt |
| Management And General | $25,143 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| TRAINING AND DEVELOPMENT | $175,022 | $541 | $174,481 |
| PAYROLL PROCESSING FEE | $132,094 | $132,094 | |
| FOREIGN EXCHANGE LOSS | $123,208 | $123,208 | |
| EVENT COST | $93,379 | $76,469 | $16,910 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,385 | TotalAmt |
| Program Services | $19,845 | ProgramServicesAmt |
| Management And General | $101,540 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,985,689 | TotalAmt |
| Program Services | $18,799,299 | ProgramServicesAmt |
| Management And General | $3,670,713 | ManagementAndGeneralAmt |
| Fundraising | $515,677 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,517,656 | BOYAmt |
| EOY | $20,987,744 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $7,710,300 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,884 | BOYAmt |
| EOY | $94,822 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $460,708 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $52,005 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $408,703 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,071,049 | BOYAmt |
| EOY | $1,248,889 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,601,589 | BOYAmt |
| EOY | $30,450,458 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35 | BOYAmt |
| EOY | $934,555 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $5,467,295 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35 | BOYAmt |
| EOY | $6,401,850 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,601,554 | BOYAmt |
| EOY | $24,048,608 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,601,554 | BOYAmt |
| EOY | $24,048,608 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,601,589 | BOYAmt |
| EOY | $30,450,458 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $21,447,054 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,606,235 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,217,959 | CurrentTaxYearAmt |
| Total | $46,824,194 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,606,235 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,217,959 | CurrentTaxYearAmt |
| Total | $46,824,194 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $23,136,602 | SubstantialContributorsTotAmt |
| Public Support Total170 | $23,687,592 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $3,567 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $209,378 | CurrentTaxYearAmt |
| Total | $212,945 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,406 | CurrentTaxYearAmt |
| Total | $5,406 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $47,042,545 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $0 | GrossReceiptsRltdActivitiesAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 5406.0, COLUMN F - 5406.0; | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,926 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,307 | DepreciationAmt |
| Book Value | $38,619 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $408,782 | OtherCostOrOtherBasisAmt |
| Depreciation | $38,698 | DepreciationAmt |
| Book Value | $370,084 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $408,703 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $44,432,743 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $44,432,743 | RevenueSubtotalAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $44,432,743 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $22,985,689 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $22,985,689 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,985,689 | TotalExpensesPerForm990Amt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | Grantmaking | $25,966 |
| Europe (Including Iceland and Greenland) | 1 | 43 | Fundraising,Grantmaking | $13,488,332 |
| South America | 0 | 1 | Grantmaking | $1,078,315 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 44 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 44 | TotalEmployeeCnt |
| Subtotal Spent | $14,592,613 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $14,592,613 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (13 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| East Asia and the Pacific | develop & show application of a framework for how companies can assess their scope 3 decarbonisation potential | $25,966 | ACH |
| Europe (Including Iceland and Greenland) | support the continuity and expansion of Carbon Tracker's following programs | $2,000,000 | ACH |
| Europe (Including Iceland and Greenland) | for research regarding various public interventions interactions with private sector initiatives to align private financial flows with climate goals. | $80,667 | ACH |
| Europe (Including Iceland and Greenland) | pilot project to test the automation of the manual TPI framework assessment process | $388,435 | ACH |
| Europe (Including Iceland and Greenland) | support the mobilisation of finance and investment for adaptation and resilience in emerging and developing economies. | $31,788 | ACH |
| Europe (Including Iceland and Greenland) | deepen the partnership between Arc and InfluenceMap with more data sharing and new areas of work to improve linkages between policies and corporate stance | $1,611,404 | ACH |
| Europe (Including Iceland and Greenland) | building a methodological foundation for FI assessment. | $170,183 | ACH |
| South America | to address the urgent shortage of local analysts proficient in collecting crucial data and conducting both company specific and sectoral climate transition analyses | $1,078,315 | ACH |
| Europe (Including Iceland and Greenland) | support the creation of the Transition Pathway Initiative (the "TPI") Global Climate Transition Centre (the "GCTC") | $2,549,191 | ACH |
| Europe (Including Iceland and Greenland) | test AI-related tools to speed up and expand the scope of the corporate analysis | $363,473 | ACH |
| Europe (Including Iceland and Greenland) | Renewal of Arc funding to WBA | $4,657,237 | ACH |
| Europe (Including Iceland and Greenland) | supporting research and benchmarking activities in the financial sector. | $488,509 | ACH |
| Europe (Including Iceland and Greenland) | Completion of SBTi's Financial Institutions Net Zero (FINZ) Standard. | $631,768 | ACH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 13 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds | The organization monitors the use of its grants outside of the US via financial reporting. |
| Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH AMERICA-Accrual |
| Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements | EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH AMERICA-Accrual |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Climate Policy Init Inc | |||||||
| 575 Market St 4th Fl | San Fran | CA | 94105 | 264129153 | 501(C)(3) | $248,205 | SEE PART IV |
| The Trustees of Columbia University | |||||||
| 615 W 131st St | New York | NY | 10027 | 135598093 | 501(C)(3) | $170,000 | SEE PART IV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule I, Part II, Line 1 | This grant is intended to be used for the following charitable purpose: pilot project aimed at closing the knowledge methodology and technical gap related to private & public financing flows, and refine estimates for financing need for climate solutions. |
| Schedule I, Part II, Line 1 | Identify a credible and practical set of metrics by which to assess Financial Institutions and carry out engagementwork with analysis providers with aim of achieving buy-in |
| Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds | The organization monitors the use of its grants in the US via financial reporting. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MERYAM OMI | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $393,762 | $0 | $0 | $0 | $0 | $0 | $28,163 | $0 | $52,733 | $0 | $474,658 | $0 | $0 | $0 |
| BEATE VAN LOO- BORN | ||||||||||||||
| FORMER CCO | $331,358 | $0 | $0 | $0 | $0 | $0 | $2,835 | $0 | $1,048 | $0 | $335,241 | $0 | $0 | $0 |
| Marta Guglielmetti | ||||||||||||||
| Former Director of Partnerships | $169,394 | $0 | $0 | $0 | $0 | $0 | $4,062 | $0 | $785 | $0 | $174,241 | $0 | $0 | $0 |
| FELIX Preston | ||||||||||||||
| Director of Research & Program | $241,005 | $0 | $0 | $0 | $0 | $0 | $18,421 | $0 | $31,652 | $0 | $291,078 | $0 | $0 | $0 |
| KAYE Bettney | ||||||||||||||
| Director of People & Culture | $139,834 | $0 | $0 | $0 | $0 | $0 | $11,252 | $0 | $17,691 | $0 | $168,777 | $0 | $0 | $0 |
| JOEL Paque | ||||||||||||||
| Head of Fundraising | $199,304 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26,400 | $0 | $225,704 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 5 Employer of Record Disclosure | Climate Arc Inc. does not directly employ staff. Personnel who perform services for the organisation are employed through a third-party Employer of Record (EOR) that manages payroll, benefits, and statutory employment obligations in relevant jurisdictions. The organisation reimburses the EOR for all related salary, benefits, and employment-cost expenses, which are reported as compensation expense in Part IX. Accordingly, "0" is shown on line 5 for employees of the organisation. |
| Form 990, Part I, Line 16a No Professional Fundraisers | During the tax year, Climate Arc Inc. did not engage any professional fundraisers or conduct fundraising activities through outside professional fundraising firms. Professional services reported in Part IX line 11e represent internal fundraising support and related professional services, not the use of a professional fundraiser as defined for Schedule G purposes. |
| Form 990, Part IV, Line 12a Independent Audit | Climate Arc Inc. engaged an independent accounting firm to conduct an audit of its financial statements for the fiscal year. The audit was completed and issued separately, and the Audit Committee reviewed and accepted the report. The organisation has completed Schedule D, Parts XI and XII to reconcile the audited financial statements to the Form 990. |
| Form 990, Part VI, Line 15 | The Board reviews and approves the compensation of Climate Arc Inc.'s CEO and key employees each year. Independent board members base their review on benchmarking data and supporting analysis provided to them to help ensure salaries are reasonable and aligned with market levels. The process and decisions are documented in the Remuneration Committee meeting minutes. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | The Form 990 was prepared by outside accountants and reviewed by the corporation's Head of Finance and the Executive Director & Head of Business Operations. |
| Form 990, Part VI, Line 12c Conflict of interest policy | THE CORPORATE SECRETARY OF ARC ANNUALLY CIRCULATES A DISCLOSURE FORM FOR DIRECTORS, OFFICERS, AND STAFF TO LIST ORGANIZATIONS IN WHICH THE DIRECTOR, OFFICER OR STAFF MEMBER OR A FAMILY MEMBER PLAYS A FIDUCIARY OR LEADING ROLE. IN ADDITION, DIRECTORS, OFFICERS, AND STAFF MUST LIST THOSE ORGANIZATIONS IN WHICH THEY OR AN IMMEDIATE FAMILY MEMBER HOLDS A SIGNIFICANT FINANCIAL INTEREST AND WITH WHICH ARC HAS A BUSINESS RELATIONSHIP. ON THE SAME FORM, DIRECTORS, OFFICERS, AND STAFF MUST ACKNOWLEDGE THAT THEY UNDERSTAND AND ADHERE TO THE ARC'S CONFLICT OF INTEREST POLICY AND PROCEDURE. DIRECTORS, OFFICERS, AND STAFF MUST INFORM THE SECRETARY OF ARC OF ANY CHANGES OR NEW RELATIONSHIPS. |
| Form 990, Part VI, Line 19 Required documents available to the public | The corporation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Climate Arc UK | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Unit 5 111 Finsbury Pavement | AddressLine1Txt |
| City | London | CityNm |
| Country | UK | CountryCd |
| Foreign Postal | EC2A1RS | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Supports the Mission of Climate Arc Inc | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | UK | LegalDomicileForeignCountryCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | climate arc | BusinessNameLine1Txt |
Comments