Climate Power EIN 92-2307261

Climate Power

EIN  92-2307261 Membership association Washington, DC Founded 2023
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/7/26 · see original filing: IRS
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Size
$10–100M
What they do
Advocates for climate-friendly policies by supporting or opposing political candidates.
Leadership
Lori Lodes · Executive Director · $306K
Money in and out
$79.4M revenue, $88.3M expenses
Bottom line
-11% operating surplus

Advocates for climate-friendly policies by supporting or opposing political candidates. For fiscal year 2024 it reported $79.4M in revenue, $88.3M in expenses, and $853K in net assets.Pt I

Membership & operating revenue · FY2024
Total revenue
$79.4M
Pt VIII · Ln 12
Total expenses
$88.3M
Pt IX · Ln 25
Net assets
$853K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$8.9M
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.03 Fundraising $0.01
Operating surplus
-11%
revenue over expenses▼ -141% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
14%
of spending is salaries & benefits▼ -21% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$79.4M
FY2024▲ +125%
Expenses
$88.3M
FY2024▲ +245%
Total assets
$1.4M
FY2024▼ -86%
Total liabilities
$597K
FY2024▼ -31%
Total revenue
$79.4M
Pt VIII · Ln 12
Total expenses
$88.3M
Pt IX · Ln 25
Net assets
$853K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$8.9M
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $85.0M of program spending, described in the organization's own filed words · FY2024.
01

Education and Advocacy

Climate power promotes climate action and educates the public about the need for climate progress and the benefits of clean energy by engaging in three types of programming: (I) driving a national narrative about the importance of clean energy investments to supercharge our economy, (ii) engaging key communities of people who can be…

$64.1Mprogram expense
02

Electoral Engagement

Climate power furthers its mission by supporting candidates for elected office who will further our supported policies, or opposing those who actively oppose them.

$20.9Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CClimate Power
EINHdr · item D92-2307261
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jclimatepower.us
Year of formationHdr · item L2023
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFEnvironment (C20)
Ruling yearIRS BMFApr 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$305,742Pt VII · Sec A
Pres. & Chief of People & Culture
$252,498Pt VII · Sec A
Deputy Executive Dir., Campaigns
$251,579Pt VII · Sec A
Chief of Staff
$242,881Pt VII · Sec A
Dir. & Deputy Exec. Dir, Strategy
$230,036Pt VII · Sec A
Treasurer & COO
$229,497Pt VII · Sec A
Deputy Executive Dir., Cpea
$216,492Pt VII · Sec A
Senior Advisor, Strategy
$208,181Pt VII · Sec A

Lori Lodes’s $306K as Executive Director is at the 65th 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 · 8 named individuals · Part VII

NameFY2024FY2023
Lori Lodes$305,742$148,658
Nzinga West$252,498$122,641
Heather Hargreaves$251,579$123,069
Matt Compton$242,881$117,676
Claire Moser$230,036$111,512
Jill Shesol$229,497$110,992
Antonieta Cadiz$216,492$104,794
Noreen Nielsen$208,181

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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Statement of Revenue

Part VIII
Contributions & grants100%$79.4M
Investment income$301
Total revenueLn 12$79.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.03 Fundraising $0.01
Program services96%$85.0M
Management & general3%$2.5M
Fundraising1%$808K
Total functional expensesLn 25$88.3M

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$1.4M
Total liabilitiesLn 26$597K
Total net assetsLn 32$853K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $88.3M
0.2 months
Where the money goes
Program services
Program services $85.0M · Total expenses $88.3M
96%
Management & General
Management & general $2.5M · Total expenses $88.3M
3%
Fundraising
Fundraising $808K · Total expenses $88.3M
1%
Cost to raise $1
Fundraising expense (2-yr avg) $470K · Solicited contributions (2-yr avg) $57.4M
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $79.4M · Total revenue $79.4M
100%
Government reliance
Government grants — · Total revenue $79.4M
Earned-income share
Program service revenue $0 · Total revenue $79.4M
0%
Investment reliance
Investment income $301 · Total revenue $79.4M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $88.3M
0%
Growth & trend
Revenue growth (YoY)
This year $79.4M · Prior year $35.3M
+125%
Net-asset trend (YoY)
End of year $853K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $79.4M · Expenses $88.3M
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $853K · Total assets $1.4M
59%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lori Lodes · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $306K · Total expenses $88.3M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $12.1M · Total expenses $88.3M
14%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 3%
Fundraising cost ratio 1%
Revenue growth 125%
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 · received and paid
Grants received · FY2024
Total grants receivedfrom 6 funders$45.8M
See all 6 funders →
Grants paid · 41 grants · $52.3M · 2023–2024
Future Forward USA ActionDC · FY2024$25,000,000
Climate Power ActionFY2024$10,200,000
Ceres INCMA · FY2024$1,759,380
Crooked OrgCA · FY2024$800,000
Crooked MediaFY2024$350,000
TriplecheckDC · FY2024$177,581
Tides AdvocacyCA · FY2024$130,000
Vote Save AmericaFY2024$128,053
The Climate Group INCNY · FY2024$75,000
Sachamama INCFL · FY2024$60,000
Democratic Mayors AssociationFY2024$50,000
Young Gifted & GreenFY2024$30,000
Rise Action FundCA · FY2024$30,000
My Body PacFY2024$25,000
Common Cause Education FundDC · FY2024$25,000
See all 41 grants →

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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)$79.4M revenue · viewing · ⤓ 990 PDF
FY2023$35.3M revenue · ⤓ 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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