PROJECT DRAWDOWN: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
PROJECT DRAWDOWN (EIN 38-3705448)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-10-24
IRS object ID
201722979349300247
Schema version
2016v3.0
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 ReturnHeader

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Return2017-10-24T12:47:41-07:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

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Business Name Line1Chuah Puentes LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

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Address Line16360 Clark AvenueAddressLine1Txt
CityDublinCityNm
State AbbreviationCAStateAbbreviationCd
ZIP945683036ZIPCd
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Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

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EIN383705448EIN

Business Name BusinessName

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Business Name Line1PROJECT DRAWDOWNBusinessNameLine1Txt
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Business Name ControlPROJBusinessNameControlTxt
Phone2072064634PhoneNum

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State AbbreviationCAStateAbbreviationCd
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Business Officer BusinessOfficerGrp

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PersonPAUL HAWKENPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Signature2017-10-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

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Preparer PersonBunny Chuah CPAPreparerPersonNm
PTINP00185436PTIN
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Self EmployedYes (X)SelfEmployedInd
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Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

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Gross Receipts$1,158,862GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.drawdown.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionProject Drawdown is facilitating a broad coalition of researchers, scientists, graduate students, PhDs, post-docs, policy makers, business leaders and activists to assemble and present the best available information on climate solutions in order to describe their beneficial financial, social and environmental impact over the next thirty years.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Volunteers1TotalVolunteersCnt
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CY Contributions Grants$1,158,862CYContributionsGrantsAmt
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CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$400PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$716,234PYTotalRevenueAmt
CY Total Revenue$1,158,862CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$321,244PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$532,588CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$75,584CYTotalFundraisingExpenseAmt
PY Other Expenses$255,145PYOtherExpensesAmt
CY Other Expenses$633,374CYOtherExpensesAmt
PY Total Expenses$576,389PYTotalExpensesAmt
CY Total Expenses$1,165,962CYTotalExpensesAmt
PY Revenues Less Expenses$139,845PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$7,100CYRevenuesLessExpensesAmt
Total Assets BOY$159,453TotalAssetsBOYAmt
Total Assets EOY$217,486TotalAssetsEOYAmt
Total Liabilities BOY$12,390TotalLiabilitiesBOYAmt
Total Liabilities EOY$77,523TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$147,063NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$139,963NetAssetsOrFundBalancesEOYAmt
MissionProject Drawdown is facilitating a broad coalition of researchers, scientists, graduate students, PhDs, post-docs, policy makers, business leaders and activists to assemble and present the best available information on climate solutions in order to describe their beneficial financial, social and environmental impact over the next thirty years.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$982,979ExpenseAmt
DescWe had success in our research process, outreach campaign, and coalition building. We focused on completing the research; and designing, writing and producing the Penguin Random House book. We continued to assemble a broad-based coalition of climatologists, engineers, biologists, fellows, financial analysts, architects, indigenous leaders, agronomists, activists, NGOs, and agencies to review and validate all data, models, and text.RESEARCHoWe continued to support our global Research Fellowship program. Each Fellow came to us with considerable expertise in their field, and our fellowship program fostered their development into a cohort of up-and-coming climate leaders. These students, scholars, scientists, entrepreneurs, and advocates learned how to describe a realistic path forward in which humanity achieves drawdown. They completed extensive literature reviews and created climate and financial models for each solution. They received public speaking and media training to prepare them to be spokespersons for Project Drawdown.oUnder the guidance of the Senior Research Team, composed of our Research Director Chad Frischmann and five Senior Fellows, a cohort of 32 Research Fellows completed a second phase of research, analysis, and modeling of the Drawdown solutions. During the 2016 Fellowship, the Drawdown Research Team evaluated and augmented the initial research conducted by previous cohorts of Drawdown Fellows, collected additional data as needed, revised and refined model methodology as needed. At the conclusion of the 2016 fellowship, the Senior Research Team did the vastly complex work of integrating the solutions models into sector and global models, which included analysis of double counting, systems dynamics, and rebound effects. The results of this effort are published in Drawdown.OUTREACHoThe first written draft of Drawdown, our book that maps, measures, models, and describes the 100 most substantive solutions to global warming, was completed. For each solution featured in Drawdown, we describe its history, the carbon impact it provides, the relative cost and savings, the path to adoption, and how it works. oThe initial design and layout of Drawdown was conceived and created by editor Paul Hawken and executed by designer Janet Mumford was completed. oWe submitted page layouts and book proposals to 30 foreign publishers at the London Book Fair April 14-15, 2016. oWe completed the architecture and pre-wireframes for our website and Drawdown Interactive (a scenario building site where the solutions and sectors can be modified and customized by users worldwide).COALITIONoWe added the following people to our Board of Directors: Peter Byck, director of Carbon Nation, Professor at ASU and former Governor of Maryland Martin OMalley.oWe increased the size of our Coalition by 25%, adding the 30 new members.Desc
Total Program Service Expenses$982,979TotalProgramServiceExpensesAmt
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Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

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AMANDA RAVENHILL
OPERATIONS DIR.40.000.00Yes (X)Yes (X)$62,350$0$0
PAUL HAWKEN
President & ED40.000.00Yes (X)Yes (X)$100,524$0$0
PETER BYCK
Director2.000.00Yes (X)$0$0$0
JOHN LANIER
Sec/Treasurer2.000.00Yes (X)Yes (X)$0$0$0
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Director2.000.00Yes (X)$0$0$0
LYN DAVIS LEAR
Director2.000.00Yes (X)$0$0$0
PEGGY LIU
Director2.000.00Yes (X)$0$0$0
MARTIN O'MALLEY
Director2.000.00Yes (X)$0$0$0
JOHN WICK
Director2.000.00Yes (X)$0$0$0
SHANA RAPPAPORT
Director2.000.00Yes (X)$0$0$0
CHAD FRISCHMANN
FINANCE DIR40.000.00Yes (X)$115,490$0$0
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Benefits To Members BenefitsToMembersGrp

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Program Services$175,776ProgramServicesAmt
Management And General$7,331ManagementAndGeneralAmt
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Pension Plan Contributions PensionPlanContributionsGrp

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Other Employee Benefits OtherEmployeeBenefitsGrp

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Program Services$20,196ProgramServicesAmt
Management And General$2,524ManagementAndGeneralAmt
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Payroll Taxes PayrollTaxesGrp

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Program Services$31,757ProgramServicesAmt
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Program Services$60,008ProgramServicesAmt
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Occupancy OccupancyGrp

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Management And General$30,000ManagementAndGeneralAmt

Travel TravelGrp

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Interest InterestGrp

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Insurance InsuranceGrp

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Management And General$6,800ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PUBLICATION MATERIALS$25,476$25,476
DUES &,SUBSCRIPTIONS$7,786$3,500$3,416$870
REPAIRS AND MAINTENANCE$1,160$1,160
TELECOMMUNICATION & SERVERS$1,024$640$135$249

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Management And General$709ManagementAndGeneralAmt
Fundraising$2FundraisingAmt

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Management And General$107,399ManagementAndGeneralAmt
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EOY$197,461EOYAmt

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EOY$13,471EOYAmt

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EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

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BOY$6,500BOYAmt
EOY$6,502EOYAmt

Total Assets TotalAssetsGrp

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BOY$159,453BOYAmt
EOY$217,486EOYAmt

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EOY$27,523EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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Other Liabilities OtherLiabilitiesGrp

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EOY$77,523EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

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EOY$139,963EOYAmt

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EOY$139,963EOYAmt

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EOY$217,486EOYAmt
FieldValueIRS element (for citing)
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Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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Current Tax Year Minus3 Years$67,657CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$80,295CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$691,634CurrentTaxYearMinus1YearAmt
Current Tax Year$1,158,862CurrentTaxYearAmt
Total$2,466,437TotalAmt

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Total$0TotalAmt

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Current Tax Year Minus3 Years$67,657CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$80,295CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$691,634CurrentTaxYearMinus1YearAmt
Current Tax Year$1,158,862CurrentTaxYearAmt
Total$2,466,437TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
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Current Tax Year Minus3 Years$5,643CurrentTaxYearMinus3YearsAmt
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Total$6,786TotalAmt

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Total$0TotalAmt

Other Income170 OtherIncome170Grp

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Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$2,473,223TotalSupportAmt
Public Support CY1700.99730PublicSupportCY170Pct
Public Support PY1700.99610PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,316OtherCostOrOtherBasisAmt
Depreciation$1,014DepreciationAmt
Book Value$7,302BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,730OtherCostOrOtherBasisAmt
Depreciation$561DepreciationAmt
Book Value$6,169BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$13,471TotalBookValueLandBuildingsAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonPAUL HAWKENPersonNm
Relationship With OrgEXECUTIVE DIRECTORRelationshipWithOrgTxt
Loan PurposeWORKING CAPITALLoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$100,000OriginalPrincipalAmt
Balance Due$50,000BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementYes (true)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$50,000TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 11b: Form 990 Review ProcessForm 990 is e-mailed to the Executive Director by the CPA prior to filing for review and comment. The electronic copy is then e-mailed to board members for their review. Majority of input on the Form 990 is from the Executive Director.Comments are then faxed to the CPA for incorporation into the final filing copy.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsA conflict of interest form is completed and signed by each board member regarding conflict of interest issues such as business relationships and compensation including certain payments made to key employees at the end of each board meeting in December 2011.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key EmployeesTHE ORGANIZATION CONDUCTS A ONLINE MARKET RESEARCH FOR COMPARABLE ORGANIZATIONS.
Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableThe organization's tax returns and any other related documents pertinent to the public's interest is made available to the public only upon request. The organization complies with all reasonable request for review of its records.

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