Civic Intelligence

Climate Central Inc.

990 • Fiscal year 2013 • EIN 26-1797336

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 04, 2014

1 Palmer Square Suite 330 No 33008542

(609) 924-3800

Siviq Scores

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

Liabilities / Assets

81st percentile

0.66x

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

57th percentile

0.26x

Higher debt load relative to revenue than 57% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

91st percentile

$386,779

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

94th percentile

53%

Faster asset growth than 94% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$2,619,807

Up $907,577 (+53%) from 2012

Net Assets

Up

$891,301

Up $957,703 (+1442%) from 2012

Liabilities

Down

$1,728,506

Down $50,126 (-2.8%) from 2012

Revenue

$6,713,762

No earlier filing loaded for comparison.

Expenses

Up

$5,756,059

Up $1,058,009 (+23%) from 2012

Net Income

$957,703

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $1,561,547Liabilities 2010: $1,724,778Net Assets 2010: -$163,2312010Assets 2011: $1,055,321Liabilities 2011: $1,863,735Net Assets 2011: -$808,4142011Assets 2012: $1,712,230Liabilities 2012: $1,778,632Net Assets 2012: -$66,4022012Assets 2013: $2,619,807Liabilities 2013: $1,728,506Net Assets 2013: $891,3012013Assets 2014: $5,886,878Liabilities 2014: $1,868,002Net Assets 2014: $4,018,8762014Assets 2015: $4,071,929Liabilities 2015: $2,118,065Net Assets 2015: $1,953,8642015Assets 2016: $2,547,721Liabilities 2016: $1,324,829Net Assets 2016: $1,222,8922016Assets 2017: $2,160,941Liabilities 2017: $1,878,235Net Assets 2017: $282,7062017Assets 2018: $4,233,891Liabilities 2018: $1,088,063Net Assets 2018: $3,145,8282018Assets 2019: $6,480,933Liabilities 2019: $743,183Net Assets 2019: $5,737,7502019Assets 2020: $5,979,873Liabilities 2020: $552,037Net Assets 2020: $5,427,8362020Assets 2021: $5,643,548Liabilities 2021: $546,442Net Assets 2021: $5,097,1062021Assets 2022: $11,460,930Liabilities 2022: $780,134Net Assets 2022: $10,680,7962022Assets 2023: $11,399,908Liabilities 2023: $1,797,255Net Assets 2023: $9,602,6532023Assets 2024: $6,058,894Liabilities 2024: $1,852,763Net Assets 2024: $4,206,1312024

Highlighted filing

2013

Assets$2,619,807
Liabilities$1,728,506
Net Assets$891,301

Operations Trend

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

$15M$10M$5.0M$0-$5.0M-$10MExpenses 2010: $3,562,7402010Expenses 2011: $3,926,0282011Expenses 2012: $4,698,0502012Revenue 2013: $6,713,762Expenses 2013: $5,756,059Net Income 2013: $957,7032013Revenue 2014: $9,390,764Expenses 2014: $6,263,189Net Income 2014: $3,127,5752014Revenue 2015: $8,232,395Expenses 2015: $10,297,407Net Income 2015: -$2,065,0122015Revenue 2016: $9,141,153Expenses 2016: $9,872,125Net Income 2016: -$730,9722016Revenue 2017: $7,213,418Expenses 2017: $8,153,604Net Income 2017: -$940,1862017Revenue 2018: $8,959,161Expenses 2018: $6,096,039Net Income 2018: $2,863,1222018Revenue 2019: $8,530,427Expenses 2019: $5,938,505Net Income 2019: $2,591,9222019Revenue 2020: $6,210,427Expenses 2020: $6,520,341Net Income 2020: -$309,9142020Revenue 2021: $7,434,167Expenses 2021: $7,764,897Net Income 2021: -$330,7302021Revenue 2022: $14,428,899Expenses 2022: $8,845,209Net Income 2022: $5,583,6902022Revenue 2023: $9,593,449Expenses 2023: $10,671,592Net Income 2023: -$1,078,1432023Revenue 2024: $6,791,657Expenses 2024: $12,188,179Net Income 2024: -$5,396,5222024

Highlighted filing

2013

Revenue$6,713,762
Expenses$5,756,059
Net Income$957,703
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 4, 2014
Return Version
2013v3.0
Gross Receipts
$6,713,762
Mission and Program Overview

Mission

Climate central (the organization) is an independent, not-for-profit organization of leading scientists and journalists whose mission is to communicate the science and effects of climate change to the public and decision-makers. The organization surveys and conducts scientific research on climate change and informs the public of key findings. The organization is not an advocacy organization and does not lobby or support any specific legislation, policy or bill regarding climate change.

Climate central, inc.'s mission is to provide factual information to help the public and decision-makers make sound choices about climate change.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$1,653,764$1,669,764▲ $16,000
Savings and Temporary Cash Investments$680,855$1,458,590▲ $777,735
Pledges and Grants Receivable$395,441$500,000▲ $104,559
Prepaid Expenses and Deferred Charges$17,314$41,314▲ $24,000
Cash and Non-Interest-Bearing Accounts$365,783$39,479▼ $326,304
Land, Buildings, and Equipment, Net$154,106$38,099▼ $116,007
Accounts Receivable$44,256$20,334▼ $23,922
Investments in Publicly Traded Securities$87$18,971▲ $18,884
Intangible Assets$53,338$18,201▼ $35,137
Total Assets$1,712,230$2,619,807▲ $907,577
Other Assets Total$1,050$484,819▲ $483,769
Liabilities
Accounts Payable and Accrued Expenses$82,660$58,742▼ $23,918
Deferred Revenue$42,208$0▼ $42,208
Total Liabilities$1,778,632$1,728,506▼ $50,126
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,096,721$1,945,169▲ $848,448
Unrestricted Net Assets$-1,163,123$-1,053,868▲ $109,255
Total Net Assets Fund Balance$-66,402$891,301▲ $957,703
Total Liabilities and Net Assets / Fund Balance$1,712,230$2,619,807▲ $907,577

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33,218$414,056-
Leasehold Improvements$4,881$171,258-
Other Assets Org$4,050--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Heidi CullenChief ClimatologistFT$326,322$60,457$386,779
Dr Paul a HanlePresident & CEOFT$290,500$70,846$361,346
Heather Seagroatt PittmanVP for DevelopmentFT$209,780$69,873$279,653
Richard WilesVP for Strategic CommunicaFT$197,125$57,710$254,835
Dr Benjamin StraussVP for Climate Impact/sea Level RiseFT$191,439$44,071$235,510
Shari BellExecutive ProducerFT$158,850$33,521$192,371
Geoff GrantManaging EditorFT$148,333$31,142$179,475
Claudia TebaldiSenior ScientistFT$121,300$24,224$145,524
David PontellDirector of Finance and AdministrationFT$105,000$27,036$132,036
Dennis Adams-smithSenior Data AnalystFT$103,593$28,072$131,665

Board Members and Trustees

NameTitle
Dr Stephen PacalaBoard Member & Chair
Dr Michael OppenheimerBoard Member & Vice Chair
Carl FerenbachBoard Member
Decker AnstromBoard Member
Dr Mary Evelyn TuckerBoard Member
Dr Sally BensonBoard Member
John MoragneBoard Member
Marshall ShepherdBoard Member
Wendy SchmidtBoard Member & Secretar
Dr Arthur LupiaTreasurer & Board Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Bocoup LLCWeb Design And Programming-$147,600
Bluewater Strategies LLCStrategic Consulting-$130,000
Revenue and Support

Revenue Composition

Contributions and Grants
$6,556,201
Program Service Revenue
$51,216
Investment Income
$5,649
Other Revenue
$100,696
All Other Contributions
$6,318,791
Change in Net Assets
$957,703

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,713,762
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,713,762
Total Revenue per Form 990
$6,713,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,025,484
Other Expenses$1,730,575
Total Fundraising Expense$365,889
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,502,088$230,251$104,838$1,837,177
Current Officers, Directors, Trustees, and Key Employees$1,179,981$193,323$140,830$1,514,134
Fees for Services Other$837,693$109,451$41,155$988,299
Other Employee Benefits$232,023$31,642$18,865$282,530
Occupancy$169,429$53,534-$222,963
Payroll Taxes$162,108$25,651$14,730$202,489
Pension Plan Contributions$153,550$24,598$11,006$189,154
Depreciation Depletion-$168,756-$168,756
Travel$72,598$12,577$24,543$109,718
Information Technology$48,490$5,391-$53,881
Conferences and Meetings$22,079$13,155$9,772$45,006
Fees for Services Accounting-$29,450-$29,450
Office Expenses$18,063$9,611$150$27,824
Insurance$20,102$7,435-$27,537
Interest-$16,000-$16,000
Other Expenses$5,815$3,569-$9,384
Fees for Services Legal-$1,197-$1,197
Total Functional Expenses$4,446,328$943,842$365,889$5,756,059

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,756,059
Total Expenses per Audited Statements$5,756,059
Total Expenses per Form 990$5,756,059
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
--Support of ExpensesNo$800,000
--Support of ExpensesNo$800,000
--Accrued InterestNo$69,764

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,653,764$1,669,764▲ $16,000
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 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 B, Line 11

A copy of the form 990 is distributed to the chair of the board for review prior to filing. The chair shares the form 990 with the other board members as needed and at the chair's discretion.

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

Each board member , officer, and key employee is required to annually affirm that they understand the conflict of interest policy, affirm that they have no conflicts of interest, and disclose, in writing, any conflicts of interest that may exist. "covered persons" are required to disclose any possible conflict of interest as soon as they arise. After the "covered person" has disclosed the existence of a financial interest or a possible financial interest, the board shall determine if a conflict of interest exists because the "covered person" has an actual financial interest in the proposed transaction and that he or she shall benefit from such proposed transaction. If the board has a reasonable cause to believe that a "covered person" has failed to disclose a financial interest, it shall inform the "covered person" of the basis for such belief and afford the "covered person" an opportunity to explain the failure of such disclosure.

Form 990, Part VI, Section B, Line 15

The compensation for the executive director and highest compensated employees is based on compensation of comparable positions at universities and teaching colleges, compensation of comparable positions at nonprofit organizations of similar purpose and budget, and compensation of employees at most recent employers.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request to the public.

Filing and Contact Details

Filer

EIN
26-1797336
Phone
6099243800

Signing Officer

Name
Paul a Hanle
Title
President and CEO
Phone
6099243800
Signed
2014-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul a Hanle
Formed
2008
Legal Domicile
Nj
Voting Board Members
10
Independent Board Members
10
Employees
33
Volunteers
0

Preparer

Preparer
Kevin Ryan CPA
Phone
2155454800
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside science consultants: program service expenses 263,133. Management and general expenses 0. Fundraising expenses 0. Total expenses 263,133. Production: program service expenses 50,897. Management and general expenses 0. Fundraising expenses 22,665. Total expenses 73,562. Program evaluation consultants: program service expenses 108,525. Management and general expenses 0. Fundraising expenses 0. Total expenses 108,525. Other: program service expenses 151,939. Management and general expenses 109,451. Fundraising expenses 18,490. Total expenses 279,880. Web design: program service expenses 263,199. Management and general expenses 0. Fundraising expenses 0. Total expenses 263,199.

Related Party Transactions- Schmidt Family Foundation

The organization received contribution support of $2,341,390 from the schmidt family foundation and the 11th hour project for the year ended december 31, 2013. The 11th hour project is a project sponsored by the schmidt family foundation. An officer of the schmidt family foundation is also a founding board member of climate central, inc. The organization also subleases its california office space from the schmidt family foundation. The total rental expense for this space was $425 for the year ended december 31, 2013.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER & BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER & VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER & CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER & SECRETAR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF CLIMATOLOGIST
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP FOR CLIMATE IMPACT/SEA LEVEL RISE
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP FOR DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP FOR STRATEGIC COMMUNICA
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE PRODUCER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MANAGING EDITOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17SENIOR SCIENTIST
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF FINANCE AND ADMINISTRATION
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IRS990/MissionDesc0CLIMATE CENTRAL (THE ORGANIZATION) IS AN INDEPENDENT, NOT-FOR-PROFIT ORGANIZATION OF LEADING SCIENTISTS AND JOURNALISTS WHOSE MISSION IS TO COMMUNICATE THE SCIENCE AND EFFECTS OF CLIMATE CHANGE TO THE PUBLIC AND DECISION-MAKERS. THE ORGANIZATION SURVEYS AND CONDUCTS SCIENTIFIC RESEARCH ON CLIMATE CHANGE AND INFORMS THE PUBLIC OF KEY FINDINGS. THE ORGANIZATION IS NOT AN ADVOCACY ORGANIZATION AND DOES NOT LOBBY OR SUPPORT ANY SPECIFIC LEGISLATION, POLICY OR BILL REGARDING CLIMATE CHANGE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0RESEARCH: CLIMATE CENTRAL SCIENTISTS PUBLISH PEER-REVIEWED RESEARCH ON CLIMATE SCIENCE; ENERGY; IMPACTS SUCH AS SEA LEVEL RISE; CLIMATE ATTRIBUTION AND MORE. OUR INDEPENDENT RESEARCH IS DESIGNED TO ENGAGE THE PUBLIC AND ILLUMINATE THE SCIENTIFIC FACTS OF CLIMATE, USING PIONEERING ANALYSIS AND DATA VISUALIZATION TECHNIQUES. IN 2012, THE ORGANIZATION LAUNCHED THE JOINT RESEARCH AND WEB PROJECT, SURGING SEAS, WHICH PROVIDES INTERACTIVE, ON-LINE MAPS, TIMELINES AND ANALYSIS OF LOCAL SEA LEVEL RISE AND COASTAL FLOODING RISK THROUGHOUT THE UNITED STATES AND OVER THIS CENTURY. THIS TOOL IS THE FIRST-IN-THE-NATION INTERACTIVE SEA LEVEL RISE MAP AND ALLOWS ANY AMERICAN TO TYPE IN THEIR ZIP CODE TO LEARN THEIR COMMUNITY'S RISK OF BEING FLOODED, AND THE TIMEFRAME, DUE TO STORM SURGE AND SEA LEVEL RISE. SURGING SEAS 2.0 WAS RELEASED IN 2013, WHICH CONSISTS OF 2 PARTS: THE SURGING SEAS RISK FINDER AND THE SUBMERGENCE RISK MAP. THIS NEW TOOL ENABLES DETAILED ANALYSES THAT SHOW VULNERABILITY TO FLOODING FROM COMBINED SEA LEVEL RISE, STORM SURGE AND TIDES. IN ADDITION, IT PROJECTS PERMANENT SUBMERGENCE DUE TO LONG-TERM SEA LEVEL RISE AND CAN BE CALIBRATED TO REFLECT VARYING CARBON EMISSION SCENARIOS. CLIMATE CENTRAL WORKED RIGOROUSLY WITH THE EPA AND OTHER FEDERAL AGENCIES TO INCLUDE A WIDE RANGE OF FEDERAL DATASETS FOR IMPACT ANALYSIS. SURGING SEAS 2.0 INCLUDES MORE THAN 100 DIFFERENT POPULATION, INFRASTRUCTURE AND ASSET VARIABLES SUCH AS AIRPORTS, ROADS, SCHOOLS, HOSPITALS, CULTURAL CENTERS, WASTEWATER TREATMENT PLANTS AND MORE. CLIMATE CENTRAL CONDUCTED RESEARCH TO HELP THE PUBLIC UNDERSTAND HOW CLIMATE CHANGE HAS DRAMATICALLY INCREASED THE ODDS OF EXTREME WEATHER EVENTS AS THEY OCCUR. OUR ABILITY TO QUICKLY GENERATE SOPHISTICATED AND HIGHLY ACCURATE FORECASTING AROUND EXTREME WEATHER EVENTS HAS ALLOWED US TO REACH A LARGER AUDIENCE WHO MAY BE RECEPTIVE TO INFORMATION ABOUT LINKS BETWEEN EXTREME WEATHER AND CLIMATE CHANGE. THIS MAXIMIZES OUR ABILITY TO CONNECT WITH A CAPTIVE AUDIENCE AND TO PROVIDE VALUABLE SERVICE TO LOCAL LEADERS AND METEOROLOGISTS. CLIMATE CENTRAL PUBLISHED 6 ORIGINAL RESEARCH REPORTS ON CLIMATE CHANGE IMPACTS AND ENERGY THAT GENERATED MORE THAN 1500 ON-LINE, PRINT, AND BROADCAST STORIES NATIONWIDE. THESE REPORTS INCLUDED WILDFIRES AND AIR POLLUTION, CLIMATE FRIENDLY CARS, NATURAL GAS AND CLIMATE CHANGE, SEWAGE OVERFLOWS FROM HURRICANE SANDY, HARDEST HIT STATES FOR CROP DAMAGE, AND WARMING WINTERS: U.S. TEMPERATURE TRENDS.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.06$1.85$4.21$6.79$12.2$5.40
2023Detailed filing. Detailed filing data is available for this year.$11.4$1.80$9.60$9.59$10.7$1.08
2022Detailed filing. Detailed filing data is available for this year.$11.5$0.78$10.7$14.4$8.85$5.58
2021Detailed filing. Detailed filing data is available for this year.$5.64$0.55$5.10$7.43$7.76$0.33
2020Detailed filing. Detailed filing data is available for this year.$5.98$0.55$5.43$6.21$6.52$0.31
2019Detailed filing. Detailed filing data is available for this year.$6.48$0.74$5.74$8.53$5.94$2.59
2018Detailed filing. Detailed filing data is available for this year.$4.23$1.09$3.15$8.96$6.10$2.86
2017Detailed filing. Detailed filing data is available for this year.$2.16$1.88$0.28$7.21$8.15$0.94
2016Detailed filing. Detailed filing data is available for this year.$2.55$1.32$1.22$9.14$9.87$0.73
2015Detailed filing. Detailed filing data is available for this year.$4.07$2.12$1.95$8.23$10.3$2.07
2014Detailed filing. Detailed filing data is available for this year.$5.89$1.87$4.02$9.39$6.26$3.13
2013Detailed filing. Detailed filing data is available for this year.$2.62$1.73$0.89$6.71$5.76$0.96
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$1.78$0.07$4.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$1.86$0.81$3.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$1.72$0.16$3.56