Climate Neutral FY2023 filing

Public charity (501(c)(3)) San Francisco, CA EIN 83-3404014 NTEE C20
Revenue
$1.7M
▼ -3%
FY2023 · Pt VIII · Ln 12
Expenses
$1.5M
▲ +14%
FY2023 · Pt IX · Ln 25
Net assets
$919K
FY2023 · Pt X · Ln 32
To programs
86%
FY2023 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2024
Revenue
$1.7M
FY2023▼ -3%
Expenses
$1.5M
FY2023▲ +14%

Engages consumers and brands to eliminate carbon emissions and achieve climate neutrality.

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Tax-deductible?
Yes
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
2 funders, incl. Ffwd
$113K in the latest grant year. Details →
Spent on programs?
86% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
$1–10M
↓ -3% vs prior year Details →

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).


Engages consumers and brands to eliminate carbon emissions and achieve climate neutrality.

Type
Public charity (501(c)(3)) · Environment
Location
San Francisco, CA
Website
www.climateneutral.org
Filings
5 on file (2020–2023)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/22/26 · see original: IRS
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Where the money goes · FY2023
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs
Operating runway
7.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$1.0M
FY2023▲ +5%
Total liabilities
$104K
FY2023▼ -49%
Revenue less expensesPt I · Ln 19$149K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CClimate Neutral
EINHdr · item D83-3404014
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.climateneutral.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C20)
Ruling yearIRS BMFNov 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Engineer Dir.
$136,283Pt VII · Sec A
Certification Dir.
$130,853Pt VII · Sec A
Ed/Secretary
$120,000Pt VII · Sec A
Partnerships Dir.
$110,279Pt VII · Sec A
Co-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Patrick Gold’s $132K as Engineer Dir. is at the 54th percentile of top reported officer pay among 1851 $1–10M 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 · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Patrick Gold$132,422$136,283$102,489——
Ellie Read$125,663$130,853$101,250——
Austin Whitman————$129,423
Austin Whitman$128,292$120,000$120,000$120,000—
Greg Andeck$113,834$110,279———
Isabella Todaro——$102,350——

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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Mission & Programs · Part III

Where the work happens

2 program services account for $1.3M of program spending, described in the organization's own filed words · FY2023.
01

Program

Tools & Education- Provided GHG management tools to 1000 users- Provided GHG management software via licensed API to 800 companies- Provided GHG reduction target setting guidance to 24 companies- Provided climate strategy training to 24 companies- Provided introduction to GHG management webinars to 700 people- Conducted 3 major marketing…

$881Kprogram expense
02

Program

Certification- Certified 348 companies with 1.4 million tonnes of GHGs- Conducted stakeholder outreach and education to 900 consumers

$418Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$1.2M · 74%
Contributions & grants$428K · 26%
Program service revenue74%$1.2M
Contributions & grants26%$428K
Other revenue$245
Total revenueLn 12$1.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$1.3M
Management & general14%$212K
Total functional expensesLn 25$1.5M

Balance Sheet

Part X · end of year
CashLn 1$926K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$104K
Total net assetsLn 32$919K
Months of cash on handcomputed7.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $926K · Operating expenses/yr $1.5M
7.4 months
Where the money goes
Program services
Program services $1.3M · Total expenses $1.5M
86%
Management & General
Management & general $212K · Total expenses $1.5M
14%
Fundraising
Fundraising $0 · Total expenses $1.5M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $495K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $428K · Total revenue $1.7M
26%
Government reliance
Government grants — · Total revenue $1.7M
—
Earned-income share
Program service revenue $1.2M · Total revenue $1.7M
74%
Investment reliance
Investment income $0 · Total revenue $1.7M
0%
Program self-sufficiency
Program service revenue $1.2M · Total expenses $1.5M
82%
Growth & trend
Revenue growth (YoY)
This year $1.7M · Prior year $1.7M
-3%
Net-asset trend (YoY)
End of year $919K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.7M · Expenses $1.5M
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
—
Net-asset ratio
Net assets $919K · Total assets $1.0M
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.0M
0%
People & payroll
Highest Reported Total Compensation
Individual Patrick Gold · Reported title Engineer Dir. · Highest reported compensation $136K · Total expenses $1.5M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.1M · Total expenses $1.5M
73%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 86%——
Overhead ratio 14%——
Fundraising cost ratio 0%——
Revenue growth -3%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0%——
Fundraising 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 · funders on record
Grants received · FY2024
FfwdFY2024$88K
Total grants receivedfrom 2 funders$113K

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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)$1.5M revenue · ⤓ 990 PDF
FY2023$1.7M revenue · viewing · ⤓ 990 PDF
FY2022$1.7M revenue · ⤓ 990 PDF
FY2021$2.2M revenue · ⤓ 990 PDF
FY2020$981K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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