Clt Joules FY2019 filing

Tax-deductible

Charlotte, NC501(c)(3)Civil Rights & AdvocacyEIN 45-4670819Revenue $314K in FY2019

On file with the IRSjoulesaccelerator.com112 S Tryon St Ste 800, 28284-2106 · Charlotte, NCTax-exempt since Nov 2013Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

CLT Joules is a 501(c)(3) non-profit working with utilities, industry, municipalities, universities and R&D institutions to identify, advise, connect and deploy cleantech startups with Charlotte and the Research Triangle Park.

501(c)(3) charity; gifts are tax-deductible.
57¢ of each $1 spent went to programs.
$124K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2019 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $66K a year · 15% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
57%
of spending
Worth a look: 57% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$124K
to officers and key staff · 48% of spending
Concern: pay to officers and key staff is 48% of spending; over 30%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$586K
82% of total assets
Concern: liabilities are 82% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$314K
Spent
$258K
To programs
57%
Net assets
$131K
By yearFY2019–FY2024
Revenue
$314K
FY2019
Tap a bar for its year
Revenue by fiscal year
FY2019$314K
FY2020$308K
FY2021$465K
FY2022$538K
FY2023$536K
FY2024$438K
Expenses
$258K
FY2019
Tap a bar for its year
Expenses by fiscal year
FY2019$258K
FY2020$264K
FY2021$309K
FY2022$385K
FY2023$484K
FY2024$504K
Net assets
$131K
FY2019
Tap a bar for its year
Net assets by fiscal year
FY2019$131K
FY2020$175K
FY2021$331K
FY2022$484K
FY2023$535K
FY2024$469K

From the FY2019 Form 990 · see the original

Give Claim
You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $149K Management & general 11% · $28K Fundraising 32% · $82K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

8 people listed on the 990; $124K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$124,000Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Robert Irvin’s $218K as Executive Dir. is at the 98th percentile of top reported officer pay among 1031 $100K–1M civil rights & advocacy 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Robert Irvin$217,870$161,897$171,158$152,460$152,000$124,000
Ryan Rutledge$123,120—————

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.

See Clt Joules executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects cleantech startups with utilities, industry, and research institutions.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $149K · in their own filed words · FY2019
01

There were 2 cohorts to be mentored through the program.

$149Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$50K
Grants paid · 2 grants · $26K · 2023–2024
Unitemized GrantFY2024$6,450
Unitemized GrantFY2023$20,000

By the numbers

The FY2019 990, line by line.

1The main four
Money inPt VIII
$314K
Ln 12
Gifts and grantsLn 1h$314K
Money outPt IX
$258K
Ln 25
Programscol B$149K
Managementcol C$28K
Fundraisingcol D$82K
Owns and owesPt X
$131K
net assets · Ln 32
Cash and savingsLn 1–2$87K
Total assetsLn 16$718K
LiabilitiesLn 26$586K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$314K
Government grantsLn 1e$5K
Total revenueLn 12$314K
Assets in detailPt X, end of year
CashLn 1$87K
Cash and savings togetherLn 1–2$87K
Other assetsLn 15$239
Total assetsLn 16$718K
LiabilitiesLn 26$586K
Net assetsLn 32$131K
OperationsPt I, VI
EmployeesI 52
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY19End FY19
Cash and savingsLn 1–2$118K$87K
Total assetsLn 16$868K$718K
LiabilitiesLn 26$793K$586K
Net assetsLn 32$75K$131K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$124K$99K$12K$12K
Other salaries and wagesLn 7$54K$11K$3K$41K
Other employee benefitsLn 9$5K$2K$342$2K
Payroll taxesLn 10$17K$11K$1K$5K
Accounting feesLn 11c$600$600
Other fees for servicesLn 11g$21K$5K$1K$16K
Advertising and promotionLn 12$600$600
Office expensesLn 13$1K$1K$111$111
OccupancyLn 16$224$179$23$22
TravelLn 17$26K$18K$6K$2K
Conferences, conventions and meetingsLn 19$977$615$82$280
InsuranceLn 23$2K$228$1K$246
Other expenses (24a–d)Ln 24$5K$1K$2K$2K
Total functional expensesLn 25$258K$149K$28K$82K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $438K$504K−$66K$469K 990 PDF
FY2023 $536K$484K$51K$535K 990 PDF
FY2022 $538K$385K$153K$484K 990 PDF
FY2021 $465K$309K$156K$331K 990 PDF
FY2020 $308K$264K$44K$175K 990 PDF
FY2019 Viewing $314K$258K$56K$131K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2019 990 (6 parts)
Part I · Summary $314,341 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $350,000$314,341
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $350,000$314,341
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $133,470$200,475
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $88,356$57,934
I-18 Total expensesPrior year $221,826$258,409
I-19 Revenue less expensesPrior year $128,174$55,932
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $314,341 across 4 lines filed
VIII-1e Government grants$4,726
VIII-1f All other contributions, gifts and grants$309,615
VIII-1h Total contributions, gifts and grants$314,341
VIII-12 Total revenue$314,341
Part IX · Statement of functional expenses $258,409 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $99,200 · Management $12,400 · Fundraising $12,400$124,000
IX-7 Other salaries and wagesPrograms $10,834 · Management $2,709 · Fundraising $40,628$54,171
IX-9 Other employee benefitsPrograms $2,168 · Management $342 · Fundraising $2,328$4,838
IX-10 Payroll taxesPrograms $10,572 · Management $1,463 · Fundraising $5,431$17,466
IX-11c Accounting feesManagement $600$600
IX-11g Other fees for servicesPrograms $4,539 · Management $1,157 · Fundraising $15,644$21,340
IX-12 Advertising and promotionFundraising $600$600
IX-13 Office expensesPrograms $1,128 · Management $111 · Fundraising $111$1,350
IX-16 OccupancyPrograms $179 · Management $23 · Fundraising $22$224
IX-17 TravelPrograms $17,763 · Management $5,907 · Fundraising $2,060$25,730
IX-19 Conferences, conventions and meetingsPrograms $615 · Management $82 · Fundraising $280$977
IX-23 InsurancePrograms $228 · Management $1,420 · Fundraising $246$1,894
IX-24 Other expenses (24a–d)Programs $1,297 · Management $2,084 · Fundraising $1,838$5,219
IX-25 Total functional expensesPrograms $148,523 · Management $28,298 · Fundraising $81,588$258,409
Part X · Balance sheet $717,563 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $117,832$86,939
X-3 Pledges and grants receivableStart of year $750,000$630,385
X-15 Other assetsStart of year $239$239
X-16 Total assetsStart of year $868,071$717,563
X-17 Accounts payable and accrued expensesStart of year $42,648$50,190
X-19 Deferred revenueStart of year $390,000$265,660
X-25 Other liabilitiesStart of year $360,000$270,358
X-26 Total liabilitiesStart of year $792,648$586,208
X-27 Net assets without donor restrictionsStart of year $75,423$131,355
X-32 Total net assets or fund balancesStart of year $75,423$131,355
X-33 Total liabilities and net assetsStart of year $868,071$717,563
Part XI · Reconciliation of net assets $131,355 net assets at year end
XI-1 Total revenue$314,341
XI-2 Total expenses$258,409
XI-3 Revenue less expenses$55,932
XI-4 Net assets at start of year$75,423
XI-10 Net assets at end of year$131,355

Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.