Clean Future Forum INC FY2021 filing

Tax-deductible

Washington, DC501(c)(3)Since 2019EnvironmentEIN 84-3845806

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To research, develop, and educate the public and policymakers about the economic growth and emissions reduction benefits of clean energy.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$45K 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

FY2021 · 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
2 of 5
filings with a surplus
Average surplus $904K a year · 6% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$45K
to officers and key staff · 0.3% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $15.8M
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$468K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.6M
-59% vs prior year
Spent
$15.9M
To programs
96%
Net assets
$8.5M
By yearFY2020–FY2024
Revenue
$9.6M
FY2021▼ -59%
Revenue by fiscal year
FY2020$23.3M
FY2021$9.6M
FY2022$25.2M
FY2023$10.2M
FY2024$11.1M
FY2024$35.4M
Expenses
$15.9M
FY2021▲ +89%
Expenses by fiscal year
FY2020$8.4M
FY2021$15.9M
FY2022$19.7M
FY2023$14.7M
FY2024$16.1M
FY2024$22.1M
Net assets
$8.5M
FY2021▼ -43%
Net assets by fiscal year
FY2020$14.9M
FY2021$8.5M
FY2022$14.0M
FY2023$9.5M
FY2024$4.5M
FY2024$17.8M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 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 Apr 2020.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $15.3M Management & general 4% · $671K

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

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Who runs it and what they're paid

3 people listed on the 990; $45K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director
$15,000Pt VII · Sec A
Director, President
$15,000Pt VII · Sec A
Director, Treasurer, Secre
$15,000Pt VII · Sec A

Michael Napolitano’s $112K as Secretary is at the 6th 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 · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Michael Napolitano$112,500————
Mark Ventola$16,250$15,000$15,000$15,000$15,000
Brian Jones$16,250$15,000$15,000$15,000$15,000
Alicia Downs$16,250$15,000$15,000$15,000$15,000

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 Clean Future Forum 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

Educate, lobby, and advocate for policies to speed up clean energy.

Provided by the organization

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2 programs · $15.3M · in their own filed words · FY2020
01

Research and Education

The Research and Education programs included quantitative and qualitative research on clean energy and conservation issues. The types of studies included: public opinion surveys, in-person and online focus groups, and analysis of the public social media conversation related to clean energy and conservation issues.

$15.1Mprogram expense
02

Policy

The Policy program included expenses related to research and analysis of various clean energy, conservation, and advanced energy infrastructure public policies. Grants were also provided to non-profit partners to support technical and economic modeling, and to educate the public and policy makers on clean energy and conservation policy…

$199Kprogram 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
See all 5 funders →
Grants paid · 60 grants · $73.3M · 2019–2024
See all 60 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$9.6M
Ln 12
Gifts and grantsLn 1h$9.6M
Investment incomeLn 3$4K
Money outPt IX
$15.9M
Ln 25
Programscol B$15.3M
Managementcol C$671K
Owns and owesPt X
$8.5M
net assets · Ln 32
Cash and savingsLn 1–2$8.7M
Total assetsLn 16$9.0M
LiabilitiesLn 26$468K
PeoplePt VI, VII
3
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9.6M
Investment incomeLn 3$4K
Total revenueLn 12$9.6M
Assets in detailPt X, end of year
CashLn 1$536K
SavingsLn 2$8.2M
Cash and savings togetherLn 1–2$8.7M
Other assetsLn 15$4K
Total assetsLn 16$9.0M
LiabilitiesLn 26$468K
Net assetsLn 32$8.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$10.3M$8.7M
Total assetsLn 16$18.5M$9.0M
LiabilitiesLn 26$3.7M$468K
Net assetsLn 32$14.9M$8.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$12.0M$12.0M
Pay of current officers, directors and key staffLn 5$45K$45K
Management feesLn 11a$540K$540K
Legal feesLn 11b$22K$22K
Accounting feesLn 11c$33K$33K
Other fees for servicesLn 11g$1.0M$1.0M
Information technologyLn 14$1K$1K
OccupancyLn 16$21K$21K
TravelLn 17$15K$5K$10K
Other expenses (24a–d)Ln 24$2.3M$2.3M
Total functional expensesLn 25$15.9M$15.3M$671K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $11.1M$16.1M−$5.0M$4.5M 990 PDF
FY2023 $10.2M$14.7M−$4.5M$9.5M 990 PDF
FY2022 $25.2M$19.7M$5.5M$14.0M 990 PDF
FY2021 Viewing $9.6M$15.9M−$6.4M$8.5M 990 PDF
FY2020 $23.3M$8.4M$14.9M$14.9M 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $9,558,489 across 4 lines filed
VIII-1f All other contributions, gifts and grants$9,554,227
VIII-1h Total contributions, gifts and grants$9,554,227
VIII-3 Investment incomeExcluded from tax $4,262$4,262
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $4,262$9,558,489
Part IX · Statement of functional expenses $15,933,528 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $11,988,125$11,988,125
IX-5 Pay of current officers, directors and key staffManagement $45,000$45,000
IX-11a Management feesManagement $540,000$540,000
IX-11b Legal feesManagement $22,340$22,340
IX-11c Accounting feesManagement $32,980$32,980
IX-11g Other fees for servicesPrograms $1,005,000$1,005,000
IX-14 Information technologyPrograms $1,335$1,335
IX-16 OccupancyManagement $20,632$20,632
IX-17 TravelPrograms $5,051 · Management $9,582$14,633
IX-24 Other expenses (24a–d)Programs $2,263,483$2,263,483
IX-25 Total functional expensesPrograms $15,262,994 · Management $670,534 · Fundraising $0$15,933,528
Part X · Balance sheet $8,962,972 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $999,771$535,769
X-2 Savings and temporary cash investmentsStart of year $9,300,658$8,174,443
X-4 Accounts receivableStart of year $8,235,000$238,323
X-9 Prepaid expenses and deferred chargesStart of year $0$10,103
X-15 Other assets$4,334
X-16 Total assetsStart of year $18,535,429$8,962,972
X-17 Accounts payable and accrued expensesStart of year $510,951$468,283
X-18 Grants payableStart of year $3,154,750$0
X-26 Total liabilitiesStart of year $3,665,701$468,283
X-27 Net assets without donor restrictionsStart of year $6,634,728$8,259,689
X-28 Net assets with donor restrictionsStart of year $8,235,000$235,000
X-32 Total net assets or fund balancesStart of year $14,869,728$8,494,689
X-33 Total liabilities and net assetsStart of year $18,535,429$8,962,972
Part XI · Reconciliation of net assets $8,494,689 net assets at year end
XI-1 Total revenue$9,558,489
XI-2 Total expenses$15,933,528
XI-3 Revenue less expenses−$6,375,039
XI-4 Net assets at start of year$14,869,728
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,494,689

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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