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Trusted Climate Data Initiative INC FY2020 filing

Cambridge, MAUnknown exempt organizationEIN 83-2748245Revenue $150K in FY2020

On file with the IRStrustedclimatedata.org222 Third Street 2163 · Cambridge, MA

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Convening the global commons to accelerate positive Climate action

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 4
filings with a surplus
Average deficit $13K a year · 35% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $150K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$10K
43% of total assets
Looks good: liabilities are 43% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$150K
Spent
$185K
To programs
100%
Net assets
$13K
By yearFY2020–FY2023
Revenue
$150K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$150K
FY2021$0
FY2022$17
FY2023$152
Expenses
$185K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$185K
FY2021$16K
FY2022$2K
FY2023$652
Net assets
$13K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$13K
FY2021−$2K
FY2022−$4K
FY2023−$4K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $185K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Daniel Harple
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Trusted Climate Data Initiative INC executive salaries →

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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 15aNo

Programs and updates

Convenes global leaders to speed up climate solutions.

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Provided by the organization

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3 programs · $185K · in their own filed words · FY2020
01

Enhancement Action Project 1

Science-based, data driven methods for improving us inventories and reporting on emissions of industrial halocarbon greenhouse gases

$150Kprogram expense
02

Enhancement Action Project 2

Creation, development, and release of high-resolution products for carbon monitoring systems

$35Kprogram expense
03

Enhancement Action Project 3

Development and launch of trusted big data sources and analytics using machine learning and artificial intelligence to deliver the north american oil and gas climate impact index (OCI2)

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2020
The Grantham Foundation for the Protection of the EnvironmentFY2020$150K
Total grants receivedfrom 1 funder$150K

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$150K
Ln 12
Gifts and grantsLn 1h$150K
Money outPt IX
$185K
Ln 25
Programscol B$185K
Owns and owesPt X
$13K
net assets · Ln 32
Cash and savingsLn 1–2$23K
Total assetsLn 16$23K
LiabilitiesLn 26$10K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$150K
Total revenueLn 12$150K
Assets in detailPt X, end of year
CashLn 1$23K
Cash and savings togetherLn 1–2$23K
Total assetsLn 16$23K
LiabilitiesLn 26$10K
Net assetsLn 32$13K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
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 FY20End FY20
Cash and savingsLn 1–2$51K$23K
Total assetsLn 16$51K$23K
LiabilitiesLn 26$2K$10K
Net assetsLn 32$48K$13K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$350$350
Accounting feesLn 11c$500$500
Other fees for servicesLn 11g$183K$183K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$395$395
Total functional expensesLn 25$185K$185K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $152$652−$500−$4K 990 PDF
FY2022 $17$2K−$2K−$4K 990 PDF
FY2021 $0$16K−$16K−$2K 990 PDF
FY2020 Viewing $150K$185K−$35K$13K 990 PDF

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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 FY2020 990 (6 parts)
Part I · Summary $150,000 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,400,000$150,000
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,400,000$150,000
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,351,555$185,278
I-18 Total expensesPrior year $1,351,555$185,278
I-19 Revenue less expensesPrior year $48,445−$35,278
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $150,000 across 3 lines filed
VIII-1f All other contributions, gifts and grants$150,000
VIII-1h Total contributions, gifts and grants$150,000
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$150,000
Part IX · Statement of functional expenses $185,278 across 5 lines filed
IX-11b Legal feesPrograms $350$350
IX-11c Accounting feesPrograms $500$500
IX-11g Other fees for servicesPrograms $183,000$183,000
IX-23 InsurancePrograms $1,033$1,033
IX-24 Other expenses (24a–d)Programs $395$395
IX-25 Total functional expensesPrograms $185,278 · Management $0 · Fundraising $0$185,278
Part X · Balance sheet $23,167 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $50,924$23,167
X-16 Total assetsStart of year $50,924$23,167
X-17 Accounts payable and accrued expensesStart of year $2,479$0
X-25 Other liabilitiesStart of year $0$10,000
X-26 Total liabilitiesStart of year $2,479$10,000
X-27 Net assets without donor restrictionsStart of year $48,445$13,167
X-32 Total net assets or fund balancesStart of year $48,445$13,167
X-33 Total liabilities and net assetsStart of year $50,924$23,167
Part XI · Reconciliation of net assets $13,167 net assets at year end
XI-1 Total revenue$150,000
XI-2 Total expenses$185,278
XI-3 Revenue less expenses−$35,278
XI-4 Net assets at start of year$48,445
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,167

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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