Clean Air Task Force INC EIN 04-3512550

Clean Air Task Force INC

EIN  04-3512550 Public charity (501(c)(3)) Boston, MA Founded 2000
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/9/26 · see original filing: IRS
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Size
$10–100M
What they do
Combats climate change by advocating for the rapid global development and deployment of low-carbon energy technologies through research, public advocacy, and private-sector partnerships.
Leadership
Armond M Cohen · Executive Di · $350K
Money in and out
$50.1M revenue, $40.4M expenses
Bottom line
69% program efficiency

Combats climate change by advocating for the rapid global development and deployment of low-carbon energy technologies through research, public advocacy, and private-sector partnerships. For fiscal year 2024 it reported $50.1M in revenue, $40.4M in expenses, and $42.0M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$50.1M
Pt VIII · Ln 12
Total expenses
$40.4M
Pt IX · Ln 25
Net assets
$42.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9.6M
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.28 Fundraising $0.03
Program efficiency
69%
of spending reaches programs▼ -6% vs prior filing year
Operating runway
8.8mo
months of highly liquid reserves at operating expense rate▲ +87% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▲ +204% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$50.1M
FY2024▲ +8%
Expenses
$40.4M
FY2024▼ -26%
Total assets
$47.2M
FY2024▲ +27%
Total liabilities
$5.2M
FY2024▲ +8%
Total revenue
$50.1M
Pt VIII · Ln 12
Total expenses
$40.4M
Pt IX · Ln 25
Net assets
$42.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9.6M
Total assetsPt X · Ln 16$47.2M
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $12.1M of program spending, described in the organization's own filed words · FY2024.
01

Methane Pollution Prevention International

Catalyze deep, global reductions in methane emissions to reduce near-term warming and protect against the risk of irreversible changes to our climate. Catf advocates for super pollutant emissions reductions like methane around the world by supporting scientific research, promoting policy initiatives, encouraging the development of…

$5.1Mprogram expense
02

Nuclear

Catf has been a pioneer advocating for advanced nuclear energy since 2007, working to accelerate research, development, and demonstration of these technologies. The organization engages with private sector partners, governments at all levels, and other stakeholders to help build a strong nuclear energy ecosystem capable of delivering…

$5.0Mprogram expense
03

Fusion

Catf is leading efforts to advance fusion energy by advocating for the development of a global market and regulatory frameworks. Our fusion energy team works with industry leaders, governments, and stakeholders to create harmonized standards, promote safety protocols, and address technical challenges like supply chain issues.

$2.0Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CClean Air Task Force INC
EINHdr · item D04-3512550
Principal addressHdr · item CBoston, MA
WebsiteHdr · item Jwww.catf.us
Year of formationHdr · item L2000
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C012)
Ruling yearIRS BMFSep 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$350,340Pt VII · Sec A
Senior Dir.
$246,057Pt VII · Sec A
Senior Dir E
$239,827Pt VII · Sec A
Dir. Super H
$228,825Pt VII · Sec A
Legal Direct
$222,507Pt VII · Sec A
Treas/Coo(th
$220,541Pt VII · Sec A
$214,236Pt VII · Sec A
Global Dir.
$195,153Pt VII · Sec A

Armond M Cohen’s $350K as Executive Di is at the 75th percentile of top reported officer pay among 324 $10–100M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Amanda Nell Storm Schuster$386,119
Armond M Cohen$350,340$350,503$310,747$267,335$233,044
Kay McConagha$220,541$291,440$274,533$200,300$56,500
Kurt Waltzer$277,196$213,281$183,593
Amanda Storm-Schuster$256,920$192,405
Sarah Smith$232,729$251,480$159,740$124,657
Conrad Schneider$246,057$240,503
Conrad G Schneider$240,747$215,636$187,897

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$48.8M · 98%
Program service revenue$618K · 1%
Investment income$617K · 1%
Contributions & grants98%$48.8M
Program service revenue1%$618K
Investment income1%$617K
Total revenueLn 12$50.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.28 Fundraising $0.03
Program services69%$28.1M
Management & general28%$11.3M
Fundraising3%$1.1M
Total functional expensesLn 25$40.4M

Balance Sheet

Part X · end of year
CashLn 1$26.0M
Total assetsLn 16$47.2M
Total liabilitiesLn 26$5.2M
Total net assetsLn 32$42.0M
Months of cash on handcomputed7.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $29.1M · Operating expenses (Pt IX) $40.4M · Less non-cash grants $692K · Cash operating expenses/yr $39.8M
8.8 months
Where the money goes
Program services
Program services $28.1M · Total expenses $40.4M
69%
Management & General
Management & general $11.3M · Total expenses $40.4M
28%
Fundraising
Fundraising $1.1M · Total expenses $40.4M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $2.1M · Solicited contributions (3-yr avg) $48.2M
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $48.8M · Total revenue $50.1M
98%
Government reliance
Government grants — · Total revenue $50.1M
Earned-income share
Program service revenue $618K · Total revenue $50.1M
1%
Investment reliance
Investment income $617K · Total revenue $50.1M
+1%
Program self-sufficiency
Program service revenue $618K · Total expenses $40.4M
2%
Growth & trend
Revenue growth (YoY)
This year $50.1M · Prior year $46.3M
+8%
Revenue CAGR
FY2020 $19.6M · FY2024 $50.1M
+26%
Net-asset trend (YoY)
End of year $42.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $50.1M · Expenses $40.4M
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $47.2M
Net-asset ratio
Net assets $42.0M · Total assets $47.2M
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $47.2M
6%
People & payroll
Highest Reported Total Compensation
Individual Armond M Cohen · Reported title EXECUTIVE DI · Highest reported compensation $350K · Total expenses $40.4M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $23.8M · Total expenses $40.4M
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 28%
Fundraising cost ratio 2%
Revenue growth 8%
Legal fee ratio 1%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 7 funders$134K
See all 7 funders →
Grants paid · 27 grants · $4.5M · 2020–2024
Efi FoundationDC · FY2024$1,576,848
Energy and Environmental EconomicsFY2024$22,000
Acadia CenterME · FY2023$225,000
Western Resource AdvocatesCO · FY2023$100,000
Third Way InstituteDC · FY2023$100,000
National Wildlife FederationVA · FY2023$100,000
Bluegreen Alliance INCMN · FY2023$100,000
Energy and Enviornmental EconomicsFY2023$57,000
Catf Action INCMA · FY2023$50,000
Turpentine INCFY2023$25,000
Catf Action INCMA · FY2022$740,000
See all 27 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$50.1M revenue · viewing · ⤓ 990 PDF
FY2023$46.3M revenue · ⤓ 990 PDF
FY2022$51.1M revenue · ⤓ 990 PDF
FY2021$31.6M revenue · ⤓ 990 PDF
FY2020$19.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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