Climate Xchange Education And Research Inc is located in Boston, MA. The organization was established in 2015. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 06/2023, Climate Xchange Education And Research Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Climate Xchange Education And Research 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 06/2023, Climate Xchange Education And Research Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $1.0m during the year ending 06/2023. While expenses have increased by 25.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ACHIEVE A RAPID AND EQUITABLE TRANSITION TOWARDS A ZERO-EMISSIONS ECONOMY BY ADVANCING STATE CLIMATE POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPOWER STATE AND LOCAL POLICY MAKERS, BUSINESS LEADERS, AND ADVOCATES WITH THE INFORMATION, RESOURCES, AND NETWORKS THEY NEED TO ACHIEVE A RAPID AND EQUITABLE TRANSITION TOWARDS A ZERO-EMISSIONS ECONOMY IN A WAY THAT BEST SERVES LOCAL COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cathy Carruthers Director | Trustee | 5 | $0 |
Laura Teicher Director | Trustee | 2 | $0 |
Peter Kirby President | Officer | 8 | $0 |
Quinton Zondervan Treasurer | Officer | 5 | $0 |
Kalman Gacs Clerk | Officer | 5 | $0 |
Paola Ferreira Miani Executive Director | 40 | $119,169 |
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 | $634,179 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $634,179 |
Total Program Service Revenue | $25,000 |
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 | $709,205 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,368,384 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $623,551 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,531 |
Payroll taxes | $55,436 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,026 |
Fees for services: Accounting | $74,039 |
Fees for services: Lobbying | $14,813 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $177,874 |
Advertising and promotion | $0 |
Office expenses | $780 |
Information technology | $27,605 |
Royalties | $0 |
Occupancy | $38,882 |
Travel | $12,456 |
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 | $0 |
Insurance | $4,570 |
All other expenses | $0 |
Total functional expenses | $1,048,222 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $376,029 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $217,679 |
Accounts receivable, net | $25,000 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,320 |
Total assets | $620,028 |
Accounts payable and accrued expenses | $34,448 |
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 | $0 |
Total liabilities | $34,448 |
Net assets without donor restrictions | $217,901 |
Net assets with donor restrictions | $367,679 |
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 | $620,028 |