California Foundation On The Environment And The Economy
- Assets
- $3.3m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Sacramento, CA
- Founding
- 07/1979
- Data as of
- 12/2022
- EIN
- 94-2579986
Organization Overview
California Foundation On The Environment And The Economy is located in Sacramento, CA. The organization was established in 1979. 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 12/2022, California Foundation On The Environment And The Economy employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Foundation On The Environment And The Economy 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, California Foundation On The Environment And The Economy generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 1.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE "O"
Describe the Organization's Program Activity:
Part 3 - Line 4a
CFEE HELD FIVE CONFERENCES FOCUSED ON A VARIETY OF TOPICS WITHIN OUR ISSUE AREAS. KEY ACCOMPLISHMENTS IN OUR CONFERENCES DURING 2022 INCLUDED:1. IDENTIFYING FEDERAL FUNDING OPPORTUNITIES TO BUILD TRANSPORTATION, WATER, ENERGY, AND TELECOMMUNICATIONS INFRASTRUCTURE IN CALIFORNIA.2. EXAMINING THE NEEDED POWER PLANTS, TRANSMISSION AND DISTRIBUTION INFRASTRUCTURE, AND CUSTOMER PROGRAMS TO ENSURE ELECTRIC GRID RELIABILITY.3. UNDERSTANDING POLICY AND FUNDING OPTIONS TO ACHIEVE UNIVERSAL BROADBAND CONNECTIVITY IN CALIFORNIA WHILE IMPROVING EQUITY AND USER SAFETY IN TELEMEDICINE AND DISTANCE LEARNING.4. EXPLORING WHAT CLIMATE-RESILIENT TRANSPORTATION INFRASTRUCTURE CAN LOOK LIKE IN CALIFORNIA AND SECURING STABLE SUPPLY CHAINS FOR CRITICAL MINERALS NEEDED FOR THE STATE'S EVOLVING FUEL DEMAND.5. HIGHLIGHTING THE NECESSITY TO IMPROVE CALIFORNIA'S GROUNDWTER STORAGE IN RESPONSE TO CHANGING HYDROLOGY AND FORGING A MORE OPTIMIZED WATER MANAGEMENT STRATEGY FOR ENVIRONMENTAL AND AGRICULTURAL NEEDS.
CFEE CONDUCTED THREE STUDY TRAVEL PROJECTS IN 2022. THE PROJECTS FACILITATE HANDS ON LEARNING IN OUR KEY ISSUE AREAS. CFEE CONDUCTED A TOUR TO ICELAND TO STUDY HOW THE ARCTIC NATION IS BECOMING A GLOBAL LEADER IN REDUCING GREENHOUSE GAS EMISSIONS THROUGH THE DEVELOPMENT OF GEOTHERMAL POWER PLANTS AND THE DEPLOYMENT OF CARBON CAPTURE TECHNOLOGY. THE CFEE DELEGATION ALSO LEEARNED HOW ICELAND IS ENHANCING THE RESILIENCY OF ITS FOOD SUPPLY BY INVESTING IN INDOOR FARMING AND AQUICULTURE.THE SECOND STUDY TRAVEL PROJECT TO MAINE AND CANADA FOCUSED ON THE CIRCULAR ECONOMY AND RECYCLING. THE PROGRAM FEATURED BEST PRACTICES ON BOTTLE AND CAN REUSE AND RECYCLING, FOOD WASTE REDUCTION IN THE FISHERIES INDUSTRY, ELECTRIC VEHICLE BATTERY RECYCLING, WASTE-TO-ENERGY TECHNOLOGY, GLASS BOTTLE PRODUCTION, AND RECYCLING PAPER WASTE INTO PAPERBOARD FOOD SERVICE PRODUCTS.OUR THIRD AND FINAL TOUR BROUGHT CFEE TO JAPAN TO SEE FIRSTHAND HOW THE HYDROGEN ECONOMY IS EMERGING IN THEIR POWER SYSTEMS, PORT INFRASTRUCURE, AND THE TRANSPORTATION SYSTEM. THE PROGRAM ALSO HIGHLIGHTED THE WORLD CLASS JAPANESE BULLET TRAIN AS PARTICIPANTS CONSIDERED HOW TO SUPPORT THE DEVELPMENT OF HIGH SPEED RAIL IN CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Hansen President & CEO | Officer | 40 | $339,760 |
Celeste Cremen Office Manager | 40 | $169,636 | |
Wyatt Lundy Dir Of Rsrch& Ops | 40 | $112,226 | |
Martin Adams Director | Trustee | 0.4 | $0 |
Jason Barbose Director | Trustee | 0.4 | $0 |
Heidi Barsuglia Director | Trustee | 0.4 | $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 | $2,161,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,161,500 |
| Total Program Service Revenue | $7,751 |
| Investment income | $61,894 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $49,366 |
| Net Gain/Loss on Asset Sales | -$40,815 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,239,696 |
| 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. | $368,964 |
| Compensation of current officers, directors, key employees. | $129,137 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $294,108 |
| Pension plan accruals and contributions | $68,210 |
| Other employee benefits | $48,567 |
| Payroll taxes | $39,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,896 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,818 |
| Fees for services: Other | $38,973 |
| Advertising and promotion | $0 |
| Office expenses | $31,323 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $195,883 |
| Travel | $27,068 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $594,850 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,992 |
| Insurance | $5,864 |
| All other expenses | $35,721 |
| Total functional expenses | $2,358,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,994 |
| Savings and temporary cash investments | $1,025,033 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $513,405 |
| 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 | $32,730 |
| Net Land, buildings, and equipment | $16,398 |
| Investments—publicly traded securities | $1,686,758 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,337 |
| Total assets | $3,300,655 |
| Accounts payable and accrued expenses | $391,264 |
| 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 | $123,477 |
| Total liabilities | $514,741 |
| Net assets without donor restrictions | $2,768,664 |
| Net assets with donor restrictions | $17,250 |
| 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 | $3,300,655 |