Epic Institute is located in Piedmont, CA. The organization was established in 2019. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Epic Institute 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 12/2021, Epic Institute generated $610.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 63.4% each year . All expenses for the organization totaled $477.4k during the year ending 12/2021. While expenses have increased by 54.7% per year over the past 3 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
EPIC'S MISSION IS TO IDENTIFY, ACCELERATE AND MONITOR THE MOST PROMISING CLIMATE SOLUTIONS GLOBALLY. EPIC WILL MONITOR GLOBAL DATA STREAMS TO TRACK AND ASSESS CLIMATE SOLUTIONS PROGRESS, WHILE CURATING WORKING/LEARNING/CONVENING SPACES TO OPENLY SERVE AS A GLOBAL RESOURCE FOR ACCELERATING THESE SOLUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKING WITH THE ROCKY MOUNTAIN INSTITUTE AND THE NATURE CONSERVANCY, EPIC INSTITUTE IS DEVELOPING TOOLS TO EXPLORE DECARBONIZATION PATHWAYS FOCUSED ON A MINIMUM SET OF PROVEN ACTIONS CURRENTLY SCALING GLOBALLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nick Adams Treasurer & Sec | OfficerTrustee | 40 | $145,890 |
Thomas L Dinwoodie CEO & Director | OfficerTrustee | 20 | $0 |
Paul Bodnar Director | Trustee | 0.5 | $0 |
Danny Kennedy President & Dir | Trustee | 20 | $0 |
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 | $611,628 |
Noncash contributions included in lines 1a–1f | $151,628 |
Total Revenue from Contributions, Gifts, Grants & Similar | $611,628 |
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 | -$1,097 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $610,531 |
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. | $145,890 |
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 | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,005 |
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 | $318,963 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,000 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $477,365 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $144,992 |
Savings and temporary cash investments | $631 |
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 | $0 |
Total assets | $145,623 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $145,623 |
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 | $0 |
Total liabilities and net assets/fund balances | $145,623 |
Over the last fiscal year, we have identified 1 grants that Epic Institute has recieved totaling $470,046.
Awarding Organization | Amount |
---|---|
Edwards Mother Earth Foundation Wilmington, DE PURPOSE: PROPAGATE VENTURES | $470,046 |
Organization Name | Assets | Revenue |
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Social And Environmental Entrepreneurs Inc Calabasas, CA | $72,257,346 | $73,216,227 |
Bay Area Environmental Research Institute Moffett Field, CA | $1,225,608 | $21,976,511 |
Climate Policy Initiative Inc San Francisco, CA | $26,425,515 | $14,303,055 |
San Francisco Estuary Institute Richmond, CA | $18,526,189 | $12,355,424 |
Amazon Watch Oakland, CA | $7,503,411 | $6,232,655 |
New Buildings Institute Inc Portland, OR | $4,008,688 | $6,167,404 |
Institute For Applied Ecology Corvallis, OR | $3,326,897 | $4,624,176 |
Earth Genome Los Altos, CA | $6,421,238 | $8,220,439 |
Green Electronics Council Portland, OR | $5,076,747 | $3,858,996 |
Apparel Impact Institute Oakland, CA | $1,757,136 | $2,682,331 |
Hydrologic Research Center San Diego, CA | $1,964,474 | $2,134,880 |
California Foundation On The Environment And The Economy Sacramento, CA | $3,483,817 | $2,614,586 |