Climate Central Inc
- Assets
- $11.5m
- Revenue
- $14.4m
- Investments
- $0.0
- Employees
- 40
- Location
- Princeton, NJ
- Founding
- 11/2008
- Data as of
- 12/2022
- EIN
- 26-1797336
Organization Overview
Climate Central Inc is located in Princeton, NJ. The organization was established in 2008. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Climate Central Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Climate Central Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Climate Central Inc generated $14.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $8.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNICATE THE SCIENCE AND EFFECTS OF CLIMATE CHANGE TO THE PUBLIC AND DECISION-MAKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLIMATE MATTERSCLIMATE MATTERS IS A CLIMATE REPORTING RESOURCE PROGRAM GROUNDED IN THE LATEST SCIENCE THAT HELPS METEOROLOGISTS AND JOURNALISTS REPORT ON CLIMATE IMPACTS AND SOLUTIONS IN WAYS THAT ARE LOCAL, IMMEDIATE, AND PERSONAL.THE ORGANIZATION'S TEAM OF SCIENTISTS, DATA ANALYSTS AND VISUAL ARTISTS IDENTIFY AND INTERPRET DATA AND PRODUCE EASY-TO-UNDERSTAND TEXT AND VISUAL MATERIALS, INCLUDING GRAPHICS, INTERACTIVE CONTENT AND VIDEOS, TO HELP JOURNALISTS BUILD STORIES THAT WILL ENGAGE AND ENLIGHTEN THEIR AUDIENCE.THE ORGANIZATION'S REPORTING TOOLS ARE AVAILABLE, FREE OF CHARGE, TO ANYONE INTERESTED IN TELLING ENGAGING LOCAL, SCIENCE-BASED STORIES ABOUT HOW GLOBAL CLIMATE CHANGE IS IMPACTING THEIR COMMUNITY, WHY IT MATTERS, AND WHAT CAN BE DONE ABOUT IT.
ATTRIBUTION + CLIMATE FINGERPRINTSTHE ORGANIZATION PLAYED A LEAD ROLE IN TRANSFORMING THE PUBLIC NARRATIVE TO RECOGNIZE THAT SOME EXTREME WEATHER EVENTS CAN BE ATTRIBUTED TO CLIMATE CHANGE, A CLAIM VALIDATED BY THE NATIONAL ACADEMY OF SCIENCES IN 2016. THIS PIONEERING RESEARCH IS JUST ONE EXAMPLE OF HOW THE ORGANIZATION'S SCIENTISTS HELPED CHANGE THE GLOBAL CLIMATE CONVERSATION. THE ORGANIZATION CONTINUES TO ADVANCE SCIENCE THAT WILL ENABLE THE QUANTIFICATION OF CLIMATE FINGERPRINTS IN WORLDWIDE LOCAL WEATHER DAILY A TRUE GRAIL FOR CLIMATE COMMUNICATIONS. TO ACHIEVE THIS IMPACT, THE ATTRIBUTION SCIENCE + CLIMATE FINGERPRINTS PROGRAM DEVELOPS TOOLS TO HELP REVEAL HOW CLIMATE CHANGE IS DISRUPTING OUR WORLD. ITS FIRST OPERATIONAL TOOL, THE CLIMATE SHIFT INDEX, PROVIDES DAILY ESTIMATES OF HOW CLIMATE CHANGE IS IMPACTING AIR TEMPERATURE.
REALTIME CLIMATEREALTIME CLIMATE IS AN INITIATIVE TO DISPATCH TIMELY ALERTS AND RELATED CONTENT TO METEOROLOGISTS, OTHER JOURNALISTS, AND OTHER SUBSCRIBERS WHEN CURRENT LOCAL CONDITIONS PRESENT A NOTABLE OPPORTUNITY TO COMMUNICATE ABOUT CLIMATE CHANGE, ITS IMPACTS, OR ITS SOLUTIONS. AT REALTIME CLIMATE'S CORE IS A CONTINUALLY UPDATED SOFTWARE SYSTEM THAT MONITORS A GROWING RANGE OF DATA STREAMS FROM LOCAL WEATHER FORECASTS TO COASTAL WATER LEVELS TO LOCAL RENEWABLE ENERGY GENERATION. WHEN KEY THRESHOLDS ARE MET, THE SYSTEM ASSEMBLES RELATED CONTENT, LARGELY LEVERAGING RESEARCH AND MATERIALS FROM THE CLIMATE MATTERS AND SEA LEVEL RISE PROGRAMS, AND SENDS ALERTS TO SUBSCRIBERS IN THE AREAS EXPERIENCING THRESHOLD CONDITIONS. SUBSCRIBERS INCLUDE PARTICIPANTS IN THE CLIMATE MATTERS PROGRAM AND MANY STAKEHOLDERS OF THE SEA LEVEL RISE PROGRAM, AS WELL AS ANYONE WHO OPTS IN USING AN ONLINE FORM ON CLIMATE CENTRAL'S WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Decker Anstrom Board Member | Trustee | 2 | $0 |
Carl Ferenbach Board Member | Trustee | 2 | $0 |
Randall Hack Board Member | Trustee | 2 | $0 |
Bob Litterman Board Member | Trustee | 2 | $0 |
Michael Oppenheimer Board Member, Vice Chair | OfficerTrustee | 2 | $0 |
Stephen Pacala Board Member, Chair | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
10x Management It Consultant | 12/30/22 | $457,185 |
Lear & Pannepacker Llp Accounting Consultant | 12/30/22 | $211,556 |
Alan Friedman It Consultant | 12/30/22 | $148,000 |
Lucasie Limited It Consultant | 12/30/22 | $126,480 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,008 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,814,439 |
| Noncash contributions included in lines 1a–1f | $4,291,686 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,892,447 |
| Total Program Service Revenue | $207,850 |
| Investment income | $112,142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,428,899 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,380,330 |
| Compensation of current officers, directors, key employees. | $125,104 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,165,427 |
| Pension plan accruals and contributions | $470,788 |
| Other employee benefits | $339,891 |
| Payroll taxes | $341,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,500 |
| Fees for services: Accounting | $250,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,086 |
| Fees for services: Other | $1,789,509 |
| Advertising and promotion | $0 |
| Office expenses | $40,670 |
| Information technology | $337,402 |
| Royalties | $0 |
| Occupancy | $307,782 |
| Travel | $121,461 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $166,310 |
| Insurance | $71,572 |
| All other expenses | $0 |
| Total functional expenses | $8,845,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,134,299 |
| Savings and temporary cash investments | $64,769 |
| Pledges and grants receivable | $230,994 |
| Accounts receivable, net | $1,009 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $92,792 |
| Net Land, buildings, and equipment | $223,279 |
| Investments—publicly traded securities | $4,288,442 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $227,157 |
| Other assets | $198,189 |
| Total assets | $11,460,930 |
| Accounts payable and accrued expenses | $558,761 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $221,373 |
| Total liabilities | $780,134 |
| Net assets without donor restrictions | $2,861,055 |
| Net assets with donor restrictions | $7,819,741 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,460,930 |