Carbon Endowment Inc
- Assets
- $490.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bozeman, MT
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 82-2265172
The information for Carbon Endowment Inc is as of the organization's most recent filing in December '21. This organization is located in Bozeman, MT. It has been in existence for 3 years, following its founding in 2018.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Carbon Endowment Inc is an organization dedicated to environmental causes. Its NTEE code is C20, indicating that it falls under the category of Pollution Abatement & Control. The organization's mission is to ensure that communities have a clean and healthful environment, free from pollution, hazardous substances, and excessive noise. Carbon Endowment Inc is also classified as a 501(c)(3) organization, which means it is engaged in charitable work related to the environment.
Program Areas
The pursued opportunities to acquire and retire fossil fuel rights within the general fund aim to restore lands and waters impacted by fossil fuel resource extraction.
Organization Growth
Based on the given information, it can be concluded that the nonprofit organization Carbon Endowment Inc has not grown over the given time period. The contributions and grants received remained the same at $500.0K in 2018, and the total expenses also remained the same at $1.1K in 2018. Additionally, the total revenue decreased from $500.0K in 2018 to $0 in 2021, indicating a decline rather than growth.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Schrag Board Chair | 2 | $0 | |
Peter Lehner Secretary | 1 | $0 | |
Megan Starr Treasurer | 1 | $0 | |
Maria Zuber Vice Chair | 1 | $0 | |
Eric Love Incorporator | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $725 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $63 |
| Total expenses | $788 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $490,456 |
| Other assets | $0 |
| Total assets | $490,457 |
| Total liabilities | $0 |
| Net assets or fund balances | $490,457 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carbon Endowment Inc has recieved totaling $76,475.
| Awarding Organization | Amount |
|---|---|
Nature Conservancy Arlington, VA PURPOSE: CONSERVATION ACTIVITIES | $76,475 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Well Done Foundation Inc Shelby, MT | $236,673 | $660,087 |
Whitefish Lake Institute Whitefish, MT | $1,965,322 | $429,860 |
International Association Of Heat & Frost Insulators & Allied Workers Bismarck, ND | $188,689 | $172,100 |
North Dakota Water And Pollution Control Conference Bismarck, ND | $158,522 | $173,284 |
Jackson Hole Center For Global Affairs Inc Jackson, WY | $295,582 | $300,482 |
Cottonwood Environmental Law Center Bozeman, MT | $8,850 | $0 |
Terragraphics International Foundation Inc Moscow, ID | $156,385 | $0 |
Bozeman Bike Kitchen Bozeman, MT | $158,571 | $0 |
North Dakota Solid Waste And Recycling Association Bismarck, ND | $86,845 | $0 |
South Dakota Solid Waste Management Association Aberdeen, SD | $148,598 | $0 |
R A I N Inc Boise, ID | $287,129 | $6,882 |
Community Pride Foundation Torrington, WY | $68,623 | $0 |