Global Warming Mitigation Project
- Assets
- $1.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 7
- Location
- Aspen, CO
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-3056808
Organization Overview
Global Warming Mitigation Project is located in Aspen, CO. The organization was established in 2018. 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 12/2022, Global Warming Mitigation Project employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Warming Mitigation Project 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, Global Warming Mitigation Project generated $1.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $946.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Global Warming Mitigation Project has awarded 29 individual grants totaling $712,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AWARDING THE KEELING CURVE PRIZE TO ORGANIZATIONS OR INDIVIDUALS WHO MAKE A SUBSTANTIAL IMPACT IN EFFORTS TO MITIGATE GLOBAL WARMING AS IT AFFECTS THE UNITED STATES AND ELSEWHERE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DOES EXTENSIVE ANALYSIS AND VETTING AND ADDS RESOURCES (PAID INTERNSHIPS), VISIBILITY, CREDIBILITY, AND FUNDING TO SCIENCE-BACKED CLIMATE SOLUTIONS, WHILE ALSO PROVIDING INCLUSIVE AND POSITIVE OPPORTUNITIES FOR INDIVIDUALS, COMPANIES, AND ORGANIZATIONS TO MITIGATE GLOBAL WARMING EMISSIONS AND THEIR IMPACTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Klein President | OfficerTrustee | 0.25 | $0 |
Michael Klein Treasurer | Officer | 0.25 | $0 |
Jacquelyn Francis Executive Director | Officer | 40 | $0 |
Jacquelyn Francis Secretary | Officer | 2 | $120,000 |
Andrei Ruckenstein Director | Trustee | 0.5 | $0 |
Jonathan Silver Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,050 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,045,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,049,325 |
| Total Program Service Revenue | $0 |
| Investment income | $217 |
| 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 | $1,050,048 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $175,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $100,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $202,062 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,207 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,454 |
| Fees for services: Accounting | $6,027 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,853 |
| 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 | $0 |
| Insurance | $656 |
| All other expenses | $232,360 |
| Total functional expenses | $946,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,314,505 |
| 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 | $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 | $250 |
| Total assets | $1,314,755 |
| Accounts payable and accrued expenses | $6,887 |
| 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 | $6,887 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,307,868 |
| Total liabilities and net assets/fund balances | $1,314,755 |
Grants Awarded
Over the last fiscal year, Global Warming Mitigation Project has awarded $175,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MEETS ACCELERATOR COALITION PURPOSE: Climate Change Achievement | $25,000 |
AIR COMPANY PURPOSE: Climate Change Achievement | $25,000 |
ENZINC PURPOSE: Climate Change Achievement | $25,000 |
NITRICITY INC PURPOSE: Climate Change Achievement | $25,000 |
GREENMAX CAPITAL ADVISORS PURPOSE: Climate Change Achievement | $25,000 |
SYMBROSIA INC PURPOSE: Climate Change Achievement | $25,000 |