Power Shift Network
- Assets
- $362.1k
- Revenue
- $999.9k
- Investments
- $0.0
- Employees
- 12
- Location
- Washington, DC
- Founding
- 02/2014
- Data as of
- 06/2021
- EIN
- 45-5616367
Organization Overview
Power Shift Network is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 06/2021, Power Shift Network employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power Shift Network 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 06/2021, Power Shift Network generated $999.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 0.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE POWER SHIFT NETWORK MOBILIZES THE COLLECTIVE POWER OF YOUNG PEOPLE TO MITIGATE CLIMATE CHANGE AND CREATE A JUST, CLEAN ENERGY FUTURE AND RESILIENT, THRIVING COMMUNITIES FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POWER SHIFT NETWORK IS A NATIONAL NETWORK OF CLIMATE AND ENVIRONMENTAL ORGANIZATIONS THAT FOCUSES ON MITIGATING THE CLIMATE CRISIS AND THROUGH THE COLLECTIVE POWER OF YOUNG PEOPLE THROUGH CAMPAIGNS, SUPPORTING YOUTH-LED ORGANIZATIONS, AND TRAINING AND CONVENING YOUNG PEOPLE. IN FY21 WE PUSHED BACK AGAINST PROPOSED PROJECTS TO EXPAND THE USE OF FOSSIL FUELS, COORDINATED AND FACILITATED TRAININGS FOR YOUTH CLIMATE ACTIVISTS AND CONTINUED TO FISCALLY SPONSOR AND MENTOR YOUTH CLIMATE LEADERS, ESPECIALLY THOSE FROM BIPOC AND OTHER MARGINALIZED IDENTITIES. WE ALSO HELD A NATIONAL CONVENING FOR YOUTH ACTIVISTS TO BUILD SKILLS ON ORGANIZING AND CAMPAIGNING FOR CLIMATE JUSTICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dany Sigwalt Executive Director | Officer | 40 | $74,450 |
Jordan Marie Daniel Treasurer | OfficerTrustee | 5 | $0 |
Sadie Thompson Co-Chair | OfficerTrustee | 5 | $0 |
Natalie Mebane Secretary Until Dec. 2020 | OfficerTrustee | 5 | $0 |
Jay Monteverde Member | Trustee | 5 | $0 |
Charlie Jiang Co-Chair Until Dec. 2020 | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $994,845 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $994,845 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $999,899 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,052 |
| 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. | $99,910 |
| Compensation of current officers, directors, key employees. | $17,984 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $394,293 |
| Pension plan accruals and contributions | $2,985 |
| Other employee benefits | $39,817 |
| Payroll taxes | $39,076 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,640 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $311,472 |
| Advertising and promotion | $0 |
| Office expenses | $61,005 |
| Information technology | $36,899 |
| Royalties | $0 |
| Occupancy | $4,914 |
| Travel | $42,757 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,557 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,565 |
| Insurance | $10,609 |
| All other expenses | $0 |
| Total functional expenses | $1,107,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,202 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $104,000 |
| Accounts receivable, net | $0 |
| 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 | $3,830 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $105 |
| Total assets | $362,137 |
| Accounts payable and accrued expenses | $43,725 |
| 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 | $160,700 |
| Other liabilities | $0 |
| Total liabilities | $204,425 |
| Net assets without donor restrictions | $17,633 |
| Net assets with donor restrictions | $140,079 |
| 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 | $362,137 |
Grants Awarded
Over the last fiscal year, Power Shift Network has awarded $700,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: Zero Hr Movement | $265,000 |
Memphis, TN PURPOSE: Zero Hr Movement | $265,000 |
Annapolis, MD PURPOSE: Zero Hr Movement | $75,000 |
Annapolis, MD PURPOSE: Zero Hr Movement | $75,000 |
Lexington, KY PURPOSE: KY Student Envi Coalition | $10,000 |
Lexington, KY PURPOSE: KY Student Envi Coalition | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Power Shift Network has recieved totaling $786,330.
| Awarding Organization | Amount |
|---|---|
The Jpb Foundation New York, NY PURPOSE: POWER SHIFT NETWORK'S TRAINING AND POLITICAL EDUCATION PROGRAM | $200,000 |
The Jpb Foundation New York, NY PURPOSE: POWER SHIFT NETWORK'S TRAINING AND POLITICAL EDUCATION PROGRAM | $200,000 |
Women Donors Network San Francisco, CA PURPOSE: GENERAL SUPPORT | $100,000 |
Amalgamated Charitable Foundation Inc Washington, DC PURPOSE: General operating support | $85,000 |
United States Energy Foundation San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT. | $50,000 |
Impactassets Inc Bethesda, MD PURPOSE: NEWARK WATER COALITION | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Alliance For Climate Protection Washington, DC | $25,753,907 | $26,022,257 |
National Recreation & Park Association Ashburn, VA | $21,753,457 | $20,081,113 |
Clean Future Forum Inc Washington, DC | $8,962,972 | $9,558,489 |
Chesapeake Bay Trust Annapolis, MD | $22,649,655 | $15,960,669 |
Council On Library And Information Resources Alexandria, VA | $9,356,231 | $5,065,712 |
Rights And Resources Institute Inc Washington, DC | $36,334,536 | $33,675,806 |
Business Network For Maryland Offshore Wind Inc Baltimore, MD | $8,195,711 | $11,516,807 |
Environmental Law Institute Inc Washington, DC | $12,016,596 | $6,844,953 |
Oyster Recovery Partnership Inc Annapolis, MD | $2,077,192 | $6,281,689 |
Nature Forward Inc Chevy Chase, MD | $13,470,867 | $5,136,432 |
Capital Region Land Conservancy Inc Richmond, VA | $3,496,641 | $3,866,671 |
Western Maryland Resource Conservation And Development Hagerstown, MD | $687,522 | $3,323,285 |