Bank Climate Advocates
- Assets
- $11.3k
- Revenue
- $95.4k
- Investments
- $0.0
- Employees
- 1
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2023
- EIN
- 88-2047353
Organization Overview
Bank Climate Advocates is located in San Francisco, CA. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, 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. Bank Climate Advocates is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO COMBAT CLIMATE CHANGE PRIMARILY BY USING LEGAL ADVOCACY AND ACTION TO ALIGN PUBLIC FINANCIAL INSTITUTIONS' INVESTMENT POLICIES AND PRACTICES WITH THE 1.5C WARMING LIMITATION OBJECTIVE. "(CONTINUED ON SCHEDULE O)"
Describe the Organization's Program Activity:
Part 3 - Line 4a
BCA FOCUSED ITS EFFORTS TO ALIGN PUBLIC FINANCIAL INSTITUTIONS (PFIS) INVESTMENT POLICIES AND PRACTICES WITH THE 1.5C WARMING LIMITATION OBJECTIVE ON THE FOLLOWING MULTILATERAL DEVELOPMENT BANKS: INTERNATIONAL FINANCE CORPORATION, WORLD BANK, ASIAN DEVELOPMENT BANK, EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT, AND MULTILATERAL INVESTMENT GUARANTEE AGENCY. CLOSELY COORDINATED AND PURSUED WITH SUPPORT FROM LEADING CIVIL SOCIETY ORGANIZATIONS FROM THE GLOBAL SOUTH AND NORTH, BCAS CAMPAIGNS WITH THESE PFIS INCLUDE: (1) BCA LED WRITTEN AND ORAL LEGAL ADVOCACY TO PFI MANAGEMENT, MEMBER STATE SHAREHOLDERS, AND ACCOUNTABILITY MECHANISMS; (2) LEGAL RESEARCH AND ANALYSIS; (3) CREATION AND USE OF EVIDENTIARY DATABASES DOCUMENTING A PFIS SYSTEMATIC FAILURES TO ADHERE TO ITS CLIMATE POLICIES AND OBLIGATIONS UNDER INTERNATIONAL LAW ACROSS ALL ITS INVESTMENTS; AND "(CONTINUED ON SCHEDULE O)"
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Weiner Executive Dir. | Officer | 40 | $73,483 |
Maricela Morales President | OfficerTrustee | 1 | $0 |
Donald Rodriguez Treasurer | OfficerTrustee | 1 | $0 |
Adam Keats Secretary | OfficerTrustee | 1 | $0 |
Caryn Mandelbaum Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $95,335 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,335 |
| Total Program Service Revenue | $0 |
| Investment income | $37 |
| 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 | $95,372 |
| 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. | $73,483 |
| Compensation of current officers, directors, key employees. | $8,083 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,922 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $75 |
| Advertising and promotion | $29 |
| Office expenses | $48 |
| 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 | $3,738 |
| All other expenses | $430 |
| Total functional expenses | $87,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,176 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,100 |
| 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 | $11,276 |
| 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 | $7,153 |
| Net assets with donor restrictions | $4,123 |
| 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 | $11,276 |