Clasp FY2020 filing
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Researches and promotes energy efficiency policies and technologies to improve climate mitigation, adaptation, and environmental justice. For fiscal year 2020 it reported $14.6M in revenue, $15.5M in expenses, and $2.7M in net assets.Pt I
Summary of the Filing
Where the work happens
Clean Energy Access
840 million people live without access to electricity, or access to electrical appliances that boost productivity or provide cooling, refrigeration and communications. Distributed renewable energy solutions, including solar home systems and mini-grids, combined with a new generation of high-performing appliances, play a vital role in…
Climate
Clasp supports governments to determine and implement the most ambitious and cost-effective policy solutions, drawing on global best practices and leading technical expertise. Smart policy moves markets towards more energy-efficient and higher quality appliances, fromhigh-efficiency ac units to cookstoves.
Fcdo Low-Energy Inclusive Appliances (leia) Program
Funded by the uk department for international development (dfid), ikea foundation, and good energies foundation, the leia programme is a research and innovation programme that seeks to double the efficiency and half the cost of a range of electrical appliances suited for off- and weak-grid consumers.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Christine Egan’s $388K as Chief Executive Officer is at the 80th 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Christine Egan | $388,158 | $325,835 | $353,187 | $325,408 | $296,637 |
| Fred Sherman | $264,179 | $242,734 | $228,909 | $220,064 | $199,352 |
| Corinne Schneider | $250,102 | $227,690 | $209,945 | $194,476 | $173,647 |
| Eric Gibbs | — | — | — | $203,886 | $194,396 |
| Wendy Wen | $190,315 | $184,490 | $173,474 | $158,676 | $145,201 |
| Jennifer Smith | $176,838 | — | $141,066 | — | — |
| Stephen Pantano | — | — | — | $175,951 | $166,046 |
| Nate Harris | $168,871 | $160,341 | $154,381 | — | — |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 89% | — | — |
| Overhead ratio | 10% | — | — |
| Fundraising cost ratio | 2% | — | — |
| 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.
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