Reflective INC EIN 93-2809510 Form 990 (PDF) Claim this org

Reflective INC FY2023 filing

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Accelerating research and technology for solar radiation management to inform critical climate decisions. For fiscal year 2023 it reported $375K in revenue, $173K in expenses, and $202K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
San Francisco, CA
Website
www.reflective.org
Filings
2 on file (2023–2023)
Revenue
$375KFY2023
Expenses
$173K
Net assets
$202K
People
3
Filings
2
Updates
0
More identity details & actions ⌄
EIN  93-2809510 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
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 8/27/26 · see original: IRS
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Size
$1–10M
What they do
Accelerating research and technology for solar radiation management to inform critical climate decisions.
Leadership
Dakota Gruener · President · $131K
Money in and out
$375K revenue, $173K expenses
Bottom line
42% program efficiency
Where the money goes · FY2023
Total revenue
$375K
Pt VIII · Ln 12
Total expenses
$173K
Pt IX · Ln 25
Net assets
$202K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $202K
Where spending went · Part IX cols B–D
Program services $0.42 Management & general $0.37 Fundraising $0.21
Program efficiency
42%
of spending reaches programs
Operating runway
21.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+54%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$375K
FY2023
Expenses
$173K
FY2023
Total assets
$309K
FY2023
Total liabilities
$107K
FY2023
Total revenue
$375K
Pt VIII · Ln 12
Total expenses
$173K
Pt IX · Ln 25
Net assets
$202K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$202K
Total assetsPt X · Ln 16$309K
Program-expense ratioPt IX · col B42%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CReflective INC
EINHdr · item D93-2809510
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.reflective.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C05)
Ruling yearIRS BMFApr 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$131,479Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A
$0Pt VII · Sec A

Dakota Gruener’s $331K as President is at the 98th percentile of top reported officer pay among 1845 $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 · 1 named individual · Part VII

NameFY2024FY2023
Dakota Gruener$331,483$131,479

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

1 program service account for $72K of program spending, described in the organization's own filed words · FY2023.
01

The organization was formed to accelerate the science and technology of solar radiation management (SRM) so that it can be available on climate-relevant timescales if it turns out to be safe and necessary. The organization prioritizes these initial ACTIVITIES:1.

$72Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$375K
Total revenueLn 12$375K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.42 Management & general $0.37 Fundraising $0.21
Program services42%$72K
Management & general37%$65K
Fundraising21%$36K
Total functional expensesLn 25$173K

Balance Sheet

Part X · end of year
CashLn 1$309K
Total assetsLn 16$309K
Total liabilitiesLn 26$107K
Total net assetsLn 32$202K
Months of cash on handcomputed21.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $309K · Operating expenses/yr $173K
21.5 months
Where the money goes
Program services
Program services $72K · Total expenses $173K
42%
Management & General
Management & general $65K · Total expenses $173K
37%
Fundraising
Fundraising $36K · Total expenses $173K
21%
Cost to raise $1
Fundraising expense $36K · Solicited contributions $375K
$0.10 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $375K · Total revenue $375K
100%
Government reliance
Government grants — · Total revenue $375K
Earned-income share
Program service revenue $0 · Total revenue $375K
0%
Investment reliance
Investment income $0 · Total revenue $375K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $173K
0%
Growth & trend
Revenue growth (YoY)
This year $375K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $202K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $375K · Expenses $173K
+54%
Liabilities-to-Assets
Total liabilities — · Total assets $309K
Net-asset ratio
Net assets $202K · Total assets $309K
65%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $309K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dakota Gruener · Reported title PRESIDENT · Highest reported compensation $131K · Total expenses $173K
76%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $142K · Total expenses $173K
82%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 42%
Overhead ratio 37%
Fundraising cost ratio 10%
Accounting fee ratio 3%

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
See all 6 funders →
Grants paid · 3 grants · $248K · 2024–2024
Cornell UniversityNY · FY2024$125,000
Stanford UniversityFY2024$93,000
U C San Diego FoundationCA · FY2024$30,000

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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)$3.6M revenue · ⤓ 990 PDF
FY2023$375K revenue · viewing · ⤓ 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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