Rocky Mountain Institute International
- Assets
- -$8.0k
- Revenue
- $9.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 10/2017
- Data as of
- 06/2020
- EIN
- 47-3919461
Organization Overview
Rocky Mountain Institute International is located in Boulder, CO. The organization was established in 2017. According to its NTEE Classification (U11) the organization is classified as: Single Organization Support, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Mountain Institute International 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 06/2020, Rocky Mountain Institute International generated $9.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (50.7%) each year. All expenses for the organization totaled $79.8k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (43.7%) per year over the past 5 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TRANSFORM THE GLOBAL ENERGY SYSTEM TO SECURE A CLEAN, PROSPEROUS, ZERO-CARBON FUTURE FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHINA: RMI IS PROVIDING THE TECHNICAL AND ECONOMIC PATHWAYS FOR CHINA TO PEAK CARBON EMISSIONS BY 2030 AND REACH A ZERO-CARBON ECONOMY BY 2050.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jules Kortenhorst Secretary | OfficerTrustee | 1 | $0 |
Edward White Treasurer | OfficerTrustee | 1 | $0 |
Martha Pickett President | OfficerTrustee | 1 | $0 |
Heather Mccreery CFO | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $160 |
| 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 | $9,098 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,787 |
| Payroll taxes | $18,453 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,512 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,322 |
| Advertising and promotion | $0 |
| Office expenses | $363 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $6,457 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $79,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,623 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | -$90,543 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $592 |
| Other assets | $0 |
| Total assets | -$8,006 |
| Accounts payable and accrued expenses | $4,122 |
| 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 | $362,206 |
| Total liabilities | $366,328 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$374,334 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rocky Mountain Institute International has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Middlecott Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Mexico Tech Foundation Socorro, NM | $38,498,574 | $2,517,298 |
Seg Foundation Tulsa, OK | $27,222,426 | $2,585,485 |
Lowell Observatory Foundation Flagstaff, AZ | $10,878,749 | $1,073,893 |
Watson Caring Science Institute Boulder, CO | $339,933 | $730,953 |
Gates Biomanufacturing Facility Support Foundation Aurora, CO | $1,778,251 | $750,281 |
Rocky Mountain Institute International Boulder, CO | -$8,006 | $9,098 |
Missouri Society Of Professional Educational Foundation Topeka, KS | $912,011 | $76,854 |
Pittsburg State University Research Foundation Pittsburg, KS | $17,001 | $0 |
Eegs Foundation Denver, CO | $47,327 | $0 |
Alcor Care Tr Supporting Organization 06062016 Scottsdale, AZ | $19,097,468 | $454,000 |