Civic Intelligence

Oregon Built Environment & Sustainable Technologies Center Inc

990 • Fiscal year 2023 • EIN 26-1652936

Jul 01, 2022 to Jun 30, 2023 • Filed on May 06, 2024

Organization ProfileVERTUELAB.ORG

View Organization Page

PO Box 212Portland, OR 97207

(971) 770-2378

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.54x

Higher debt load relative to assets than 81% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

1.75x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

9th percentile

-38%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$237,530

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

45th percentile

3.9%

Faster asset growth than 45% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

16th percentile

-22%

Faster revenue growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$7,145,334

Up $264,961 (+3.9%) from 2022

Net Assets

Down

$3,274,228

Down $860,847 (-21%) from 2022

Liabilities

Up

$3,871,106

Up $1,125,808 (+41%) from 2022

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin9th percentile

Revenue

Down

$2,215,379

Down $611,708 (-22%) from 2022

Expenses

Up

$3,064,486

Up $1,181,405 (+63%) from 2022

Net Income

Down

-$849,107

Down $1,793,113 (-190%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,143,105Liabilities 2010: $47,746Net Assets 2010: $1,095,3592010Assets 2011: $1,202,154Liabilities 2011: $441,017Net Assets 2011: $761,1372011Assets 2012: $1,570,539Liabilities 2012: $636,152Net Assets 2012: $934,3872012Assets 2013: $1,197,618Liabilities 2013: $449,456Net Assets 2013: $748,1622013Assets 2014: $1,729,088Liabilities 2014: $493,352Net Assets 2014: $1,235,7362014Assets 2015: $2,046,501Liabilities 2015: $564,462Net Assets 2015: $1,482,0392015Assets 2016: $2,222,954Liabilities 2016: $485,297Net Assets 2016: $1,737,6572016Assets 2017: $2,627,658Liabilities 2017: $689,777Net Assets 2017: $1,937,8812017Assets 2019: $1,965,082Liabilities 2019: $289,619Net Assets 2019: $1,675,4632019Assets 2020: $2,547,836Liabilities 2020: $248,940Net Assets 2020: $2,298,8962020Assets 2021: $3,945,647Liabilities 2021: $829,563Net Assets 2021: $3,116,0842021Assets 2022: $6,880,373Liabilities 2022: $2,745,298Net Assets 2022: $4,135,0752022Assets 2023: $7,145,334Liabilities 2023: $3,871,106Net Assets 2023: $3,274,2282023Assets 2024: $5,987,072Liabilities 2024: $3,540,384Net Assets 2024: $2,446,6882024

Highlighted filing

2023

Assets$7,145,334
Liabilities$3,871,106
Net Assets$3,274,228
Open 2023 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $579,4002010Expenses 2011: $1,908,8052011Expenses 2012: $1,778,2692012Expenses 2013: $2,229,0562013Revenue 2014: $3,477,433Expenses 2014: $2,989,859Net Income 2014: $487,5742014Revenue 2015: $3,333,974Expenses 2015: $3,087,671Net Income 2015: $246,3032015Revenue 2016: $3,444,384Expenses 2016: $3,188,766Net Income 2016: $255,6182016Revenue 2017: $3,468,768Expenses 2017: $3,268,544Net Income 2017: $200,2242017Revenue 2019: $1,717,887Expenses 2019: $1,661,452Net Income 2019: $56,4352019Revenue 2020: $2,374,129Expenses 2020: $1,750,696Net Income 2020: $623,4332020Revenue 2021: $2,326,583Expenses 2021: $1,509,395Net Income 2021: $817,1882021Revenue 2022: $2,827,087Expenses 2022: $1,883,081Net Income 2022: $944,0062022Revenue 2023: $2,215,379Expenses 2023: $3,064,486Net Income 2023: -$849,1072023Revenue 2024: $1,737,181Expenses 2024: $2,695,497Net Income 2024: -$958,3162024

Highlighted filing

2023

Revenue$2,215,379
Expenses$3,064,486
Net Income-$849,107
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 6, 2024
Return Version
2022v5.0
Gross Receipts
$2,215,379
Mission and Program Overview

Mission

Create economic growth and environmental protection through funding and support for clean technology researchers and startups. Support the innovation and cleantech ecosystems.

To unleash innovation and entrepreneurship that will solve environmental challenges and catalyze shared economic prosperity. Provide funding and holistic entrepreneurial support to cleantech startups.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,208,712$4,079,644▼ $1,129,068
Investments Program Related$1,446,993$2,713,254▲ $1,266,261
Pledges and Grants Receivable$224,654$343,824▲ $119,170
Prepaid Expenses and Deferred Charges-$8,606-
Other Notes and Loans Receivable, Net$14$6▼ $8
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$6,880,373$7,145,334▲ $264,961
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$2,600,000$3,546,943▲ $946,943
Accounts Payable and Accrued Expenses$138,798$312,663▲ $173,865
Deferred Revenue$6,500$11,500▲ $5,000
Total Liabilities$2,745,298$3,871,106▲ $1,125,808
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,354,634$1,681,478▼ $673,156
Net Assets With Donor Restrictions$1,780,441$1,592,750▼ $187,691
Total Net Assets Fund Balance$4,135,075$3,274,228▼ $860,847
Total Liabilities and Net Assets / Fund Balance$6,880,373$7,145,334▲ $264,961
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David KenneyPast Exec DirectorFT$223,206$14,324$237,530
Johanna BrickmanDep Dir/impact StrFT$150,875$11,431$162,306
Marion VaughnDirector Impact InvestmFT$151,374$4,068$155,442
Erin ClementsDirector Strategic PartPT$106,667$9,663$116,330

Board Members and Trustees

NameTitle
Heather AndersenChair
Anna MccoyDirector
Carol DahlDirector
Dennis WildeDirector
Jeff CaninDirector
Kelly LyonsDirector
Miguel SossaDirector
Aina AbiodunExecutive Director
Joe ConnorsSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$2,147,778
Program Service Revenue
$35,000
Investment Income
$32,601
Other Revenue
$0
All Other Contributions
$295,463
Change in Net Assets
$-849,107

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,215,379
Revenue Not Reported on Form 990
$-11,740
Total Revenue per Audited Statements
$2,203,639
Total Revenue per Form 990
$2,215,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,881,423
Other Expenses$1,095,463
Total Fundraising Expense$446,939
Grants and Similar Amounts Paid$87,600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$880,477$287,651$225,263$1,393,391
Fees for Services Other$362,632$22,161$46,858$431,651
Current Officers, Directors, Trustees, and Key Employees$158,950$51,929$40,666$251,545
Payroll Taxes$81,598$26,658$20,876$129,132
Grants to Domestic Orgs$87,600--$87,600
Other Employee Benefits$49,658$16,223$12,704$78,585
Advertising$67,551$333$10,525$78,409
Fees for Services Lobbying--$60,000$60,000
Travel$35,419$16,475$2,325$54,219
Pension Plan Contributions$18,180$5,939$4,651$28,770
Fees for Services Legal$21,042--$21,042
Conferences and Meetings$15,399$650-$16,049
Other Expenses$5,000$134,135$2,232$5,000
Insurance$150$3,837-$3,987
All Other Expenses$59,786$-102,584$20,839$-21,959
Total Functional Expenses$2,154,140$463,407$446,939$3,064,486

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,064,486
Total Expenses per Audited Statements$3,064,486
Total Expenses per Form 990$3,064,486
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Beyond ToxicsEugene, OR-Capacity Grant$25,000
Warm Springs Community ActionWarm Springs, OR-Capacity Grant$25,000
Onboard DynamicsBend, OR-Internship Grant$10,000
Skip TechnologiesPortland, OR-Internship Grant$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Some of vertuelab's board members may have business dealings with one another.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the executive director and the executive committee of the board, and made available to entire board to review prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members receive a copy of the conflict of interest policy at the beginning of their term. The policy requires them to disclose any conflict of interest. Board members complete an annual disclosure form that lists employer and any known conflicts. Board meeting agendas include a note reminding board members to disclose potential conflicts”

Form 990, Part VI, Section B, Line 15B

“The board reviews compensation of executive director and seeks comparability data.”

Form 990, Part VI, Section C, Line 19

“Reasonable requests for financial statements and governing documents are furnished upon request at the offices of vertuelab.”

Filing and Contact Details

Filer

Filer Name
VertueLab
EIN
26-1652936
Phone
9717702378
Address
PO Box 212, Portland, OR 97207

Signing Officer

Name
Aina Abiodun
Title
Executive Director
Signed
2024-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aina Abiodun
Formed
2007
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
21
Volunteers
15

Preparer

Firm
Kern & Thompson LLC
Address
1800 SW First Avenue Suite 410, Portland, OR 97201
Preparer
Cheryl L Morgan CPA
Phone
5032223338
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

“Other program services 4: fuel- as part of its environmental and social impact activity, vertuelab hosts fuel, an annual summit that brings together a community of future-focused leaders, innovators, entrepreneurs, and investors to catalyze solutions for climate change.”

Raw XML AppendixShowing 400 of 642 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0138798
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0312663
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO UNLEASH INNOVATION AND ENTREPRENEURSHIP THAT WILL SOLVE ENVIRONMENTAL CHALLENGES AND CATALYZE SHARED ECONOMIC PROSPERITY. PROVIDE FUNDING AND HOLISTIC ENTREPRENEURIAL SUPPORT TO CLEANTECH STARTUPS.
IRS990/AdvertisingGrp/FundraisingAmt010525
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0333
IRS990/AdvertisingGrp/ProgramServicesAmt067551
IRS990/AdvertisingGrp/TotalAmt078409
IRS990/AllOtherContributionsAmt0295463
IRS990/AllOtherExpensesGrp/FundraisingAmt020839
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0-102584
IRS990/AllOtherExpensesGrp/ProgramServicesAmt059786
IRS990/AllOtherExpensesGrp/TotalAmt0-21959
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0AINA ABIODUN
IRS990/BooksInCareOfDetail/PhoneNum09717702378
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 212
IRS990/BooksInCareOfDetail/USAddress/CityNm0PORTLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097207
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05208712
IRS990/CashNonInterestBearingGrp/EOYAmt04079644
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt040666
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt051929
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0158950
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0251545
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0650
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt015399
IRS990/ConferencesMeetingsGrp/TotalAmt016049
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02147778
IRS990/CYGrantsAndSimilarPaidAmt087600
IRS990/CYInvestmentIncomeAmt032601
IRS990/CYOtherExpensesAmt01095463
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt035000
IRS990/CYRevenuesLessExpensesAmt0-849107
IRS990/CYSalariesCompEmpBnftPaidAmt01881423
IRS990/CYTotalExpensesAmt03064486
IRS990/CYTotalFundraisingExpenseAmt0446939
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02215379
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt06500
IRS990/DeferredRevenueGrp/EOYAmt011500
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0CATALYZE IMPACT ENCOMPASSES ACTIVITIES FOCUSED ON MEASURING AND MANAGING THE SOCIAL, ECONOMIC, AND ENVIRONMENTAL IMPACT OF VERTUELAB'S PIPELINE COMPANIES, AND THEIR PORTFOLIO COMPANIES, INCREASING THE IMPACT OF INNOVATION, AND CONVENING THE CLUSTER TO INCREASE IMPACT, PLAN FOR AND VERIFY MAXIMUM TRIPLE-BOTTOM-LINE IMPACT: IMPACT MEASUREMENT, DEI STRATEGY & PRACTICE, AND INNOVATION IMPLEMENTED.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01780441
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01592750
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt021
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0928155
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt021042
IRS990/FeesForServicesLegalGrp/TotalAmt021042
IRS990/FeesForServicesLobbyingGrp/FundraisingAmt060000
IRS990/FeesForServicesLobbyingGrp/TotalAmt060000
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt046858
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt022161
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0362632
IRS990/FeesForServicesOtherGrp/TotalAmt0431651
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt330.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt014324
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt111431
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt24068
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt39663
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID KENNEY
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHANNA BRICKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2MARION VAUGHN
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIN CLEMENTS
IRS990/Form990PartVIISectionAGrp/PersonNm4HEATHER ANDERSEN
IRS990/Form990PartVIISectionAGrp/PersonNm5JOE CONNORS
IRS990/Form990PartVIISectionAGrp/PersonNm6ANNA MCCOY
IRS990/Form990PartVIISectionAGrp/PersonNm7DENNIS WILDE
IRS990/Form990PartVIISectionAGrp/PersonNm8MIGUEL SOSSA
IRS990/Form990PartVIISectionAGrp/PersonNm9CAROL DAHL
IRS990/Form990PartVIISectionAGrp/PersonNm10KELLY LYONS
IRS990/Form990PartVIISectionAGrp/PersonNm11JEFF CANIN
IRS990/Form990PartVIISectionAGrp/PersonNm12AINA ABIODUN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0223206
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1150875
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2151374
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3106667
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST EXEC DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DEP DIR/IMPACT STR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIR IMPACT INVESTM
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIR STRATEGIC PART
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary/Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt01852315
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt087600
IRS990/GrantsToDomesticOrgsGrp/TotalAmt087600
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02215379
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03837
IRS990/InsuranceGrp/ProgramServicesAmt0150
IRS990/InsuranceGrp/TotalAmt03987
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt08982
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt023619
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032601
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01446993
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02713254
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO UNLEASH INNOVATION AND ENTREPRENEURSHIP THAT WILL SOLVE ENVIRONMENTAL CHALLENGES AND CATALYZE SHARED ECONOMIC PROSPERITY. PROVIDE FUNDING AND HOLISTIC ENTREPRENEURIAL SUPPORT TO CLEANTECH STARTUPS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04135075
IRS990/NetAssetsOrFundBalancesEOYAmt03274228
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-11740
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02354634
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01681478
IRS990/NoncashContributionsAmt05000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012704
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016223
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt049658
IRS990/OtherEmployeeBenefitsGrp/TotalAmt078585
IRS990/OtherExpensesGrp/Desc0IMPAIRMENT OF VALUE
IRS990/OtherExpensesGrp/Desc1OPERATING EXPENSES
IRS990/OtherExpensesGrp/Desc2INTERNSHIPS
IRS990/OtherExpensesGrp/Desc3IN-KIND
IRS990/OtherExpensesGrp/FundraisingAmt02232
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0134135
IRS990/OtherExpensesGrp/ProgramServicesAmt0271998
IRS990/OtherExpensesGrp/ProgramServicesAmt118351
IRS990/OtherExpensesGrp/ProgramServicesAmt220349
IRS990/OtherExpensesGrp/ProgramServicesAmt35000
IRS990/OtherExpensesGrp/TotalAmt0271998
IRS990/OtherExpensesGrp/TotalAmt1154718
IRS990/OtherExpensesGrp/TotalAmt220349
IRS990/OtherExpensesGrp/TotalAmt35000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0225263
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0287651
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0880477
IRS990/OtherSalariesAndWagesGrp/TotalAmt01393391
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt014
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt020876
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026658
IRS990/PayrollTaxesGrp/ProgramServicesAmt081598
IRS990/PayrollTaxesGrp/TotalAmt0129132
IRS990/PensionPlanContributionsGrp/FundraisingAmt04651
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05939
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018180
IRS990/PensionPlanContributionsGrp/TotalAmt028770
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0224654
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0343824
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08606
IRS990/PrincipalOfficerNm0AINA ABIODUN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541700
IRS990/ProgramServiceRevenueGrp/Desc0VERTUELAB IMPACT SUMMIT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035000
IRS990/ProgSrvcAccomActy2Grp/Desc0CATALYZE COMPANIES IS FOCUSED ON DIRECT ENGAGEMENT WITH EARLY-STAGE INNOVATORS AND STARTUP COMPANIES DEVELOPING TECHNOLOGIES THAT ADDRESS ENVIRONMENTAL CHALLENGES TO PROVIDE COACHING AND SUPPORT, IMPROVING THEIR SUCCESS. ON A LIMITED BASIS THE ORGANIZATION ALSO HELPS COMPANIES FROM OTHER TECHNOLOGY SECTORS. DURING THE FISCAL YEAR, THE ORGANIZATION CONNECTS STARTUP COMPANIES TO POTENTIAL PRIVATE INVESTORS, HOSTS A 18-WEEK PROGRAM DELIVERING MENTORSHIP, HELPS COMPANIES APPLY FOR FEDERAL SBIR/STTR FUNDING, FUNDS INTERNS TO WORK AT STARTUP COMPANIES, AND HELPS TO SHOWCASE STARTUP COMPANIES TO INVESTORS AND PARTNERS AT MAJOR EVENTS. THE ORGANIZATION ALSO MATCHES COLLEGE STUDENTS WITH PAID SUMMER INTERNSHIPS AT STARTUPS THEY SUPPORT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0891212
IRS990/ProgSrvcAccomActy3Grp/Desc0CATALYZE CAPITAL IS FOCUSED ON ADDRESSING THE NEED FOR IMPROVED ACCESS TO CAPITAL FOR EARLY STAGE CLEANTECH VENTURES AND INCREASING THE BASE OF RISK CAPITAL AVAILABLE IN THE REGION. THE ORGANIZATION ALSO RAISED CAPITAL FOR AND INITIATED INVESTMENT ACTIVITIES FROM A CLIMATE IMPACT FUND THAT PROVIDES RISK-TOLERANT CAPITAL TO STARTUPS FROM THE UNITED STATES AND CANADA WORKING TO ADDRESS THE GLOBAL CLIMATE CRISIS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0307358
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02122074
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt029103
IRS990/PYInvestmentIncomeAmt0660648
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0624679
IRS990/PYProgramServiceRevenueAmt044365
IRS990/PYRevenuesLessExpensesAmt0944006
IRS990/PYSalariesCompEmpBnftPaidAmt01229299
IRS990/PYTotalExpensesAmt01883081
IRS990/PYTotalRevenueAmt02827087
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-849107
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02215379
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02827088
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02265348
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02278869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01641237
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011227921
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08892
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04695
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt014616
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt013650
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt041853
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0961065
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02752
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02752
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99600
IRS990ScheduleA/PublicSupportPY170Pct00.99600
IRS990ScheduleA/PublicSupportTotal170Amt011227921
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02215379
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02827088
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02265348
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02278869
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01641237
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011227921
IRS990ScheduleA/TotalSupportAmt011272526
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt060000
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt061039

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,145,334
Liabilities
$3,871,106
Net assets
$3,274,228
Revenue
$2,215,379
Expenses
$3,064,486
Net income
-$849,107
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.99$3.54$2.45$1.74$2.70$0.96
2023Detailed filing. Detailed filing data is available for this year.$7.15$3.87$3.27$2.22$3.06$0.85
2022Detailed filing. Detailed filing data is available for this year.$6.88$2.75$4.14$2.83$1.88$0.94
2021Detailed filing. Detailed filing data is available for this year.$3.95$0.83$3.12$2.33$1.51$0.82
2020Detailed filing. Detailed filing data is available for this year.$2.55$0.25$2.30$2.37$1.75$0.62
2019Detailed filing. Detailed filing data is available for this year.$1.97$0.29$1.68$1.72$1.66$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.63$0.69$1.94$3.47$3.27$0.20
2016Detailed filing. Detailed filing data is available for this year.$2.22$0.49$1.74$3.44$3.19$0.26
2015Detailed filing. Detailed filing data is available for this year.$2.05$0.56$1.48$3.33$3.09$0.25
2014Detailed filing. Detailed filing data is available for this year.$1.73$0.49$1.24$3.48$2.99$0.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.45$0.75$2.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.64$0.93$1.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.44$0.76$1.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.05$1.10$0.58