Co2 Solved Foundation EIN 84-3139949

Co2 Solved Foundation

EIN  84-3139949 Public charity (501(c)(3)) Junction City, OR
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Size
$100K–1M
What they do
Develops products to combat climate change effects through research and innovation.
Leadership
George B Baker · President
Money in and out
$369K revenue, $357K expenses
Bottom line
100% program efficiency

Develops products to combat climate change effects through research and innovation. For fiscal year 2024 it reported $369K in revenue, $357K in expenses, and $12K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$369K
Pt VIII · Ln 12
Total expenses
$357K
Pt IX · Ln 25
Net assets
$12K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $12K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$369K
Pt VIII · Ln 12
Total expenses
$357K
Pt IX · Ln 25
Net assets
$12K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$12K
Total assetsPt X · Ln 16$12K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $356K of program spending, described in the organization's own filed words · FY2024.
01

The organization supports research and development efforts related to solbere, a patented product designed to address the impacts of climate change. When applied to plants and trees, it functions like a sunscreen and protects against overheating.

$356Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCo2 Solved Foundation
EINHdr · item D84-3139949
Principal addressHdr · item CJunction City, OR
WebsiteHdr · item Jco2solvedfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C20)
Ruling yearIRS BMFJun 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$369K
Total revenueLn 12$369K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$356K
Management & general$638
Total functional expensesLn 25$357K

Balance Sheet

Part X · end of year
CashLn 1$12K
Total assetsLn 16$12K
Total liabilitiesLn 26$0
Total net assetsLn 32$12K
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12K · Operating expenses/yr $357K
0.4 months
Where the money goes
Program services
Program services $356K · Total expenses $357K
100%
Management & General
Management & general $638 · Total expenses $357K
0%
Fundraising
Fundraising $0 · Total expenses $357K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $369K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $369K · Total revenue $369K
100%
Government reliance
Government grants — · Total revenue $369K
Earned-income share
Program service revenue $0 · Total revenue $369K
0%
Investment reliance
Investment income $0 · Total revenue $369K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $357K
0%
Growth & trend
Revenue growth (YoY)
This year $369K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $12K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $369K · Expenses $357K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $12K
Net-asset ratio
Net assets $12K · Total assets $12K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $12K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual George B Baker · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $357K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $357K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
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 · this organization's grantmaking
Grants paid · 1 grant · $355K · 2024–2024
University of OregonFY2024$354,870

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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)$369K revenue · viewing · ⤓ 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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