Civic Intelligence

Climate Central Inc.

990 • Fiscal year 2019 • EIN 26-1797336

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization ProfileWWW.CLIMATECENTRAL.ORG

View Organization Page

1 Palmer Square No 402Princeton, NJ 08542

(609) 924-3800

Siviq Scores

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

Liabilities / Assets

45th percentile

0.11x

Higher debt load relative to assets than 45% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

35th percentile

0.09x

Higher debt load relative to revenue than 35% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

90th percentile

$325,114

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

93rd percentile

53%

Faster asset growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-4.8%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$6,480,933

Up $2,247,042 (+53%) from 2018

Net Assets

Up

$5,737,750

Up $2,591,922 (+82%) from 2018

Liabilities

Down

$743,183

Down $344,880 (-32%) from 2018

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin84th percentile

Revenue

Down

$8,530,427

Down $428,734 (-4.8%) from 2018

Expenses

Down

$5,938,505

Down $157,534 (-2.6%) from 2018

Net Income

Down

$2,591,922

Down $271,200 (-9.5%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

2019

Assets$6,480,933
Liabilities$743,183
Net Assets$5,737,750
Open 2019 Filing

Operations Trend

Revenue Growth28th percentile

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

2019

Revenue$8,530,427
Expenses$5,938,505
Net Income$2,591,922
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$8,562,631
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.

Communicate the science and effects of climate change to the public and decision-makers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,345,912$4,684,029▲ $2,338,117
Other Notes and Loans Receivable, Net$1,275,000$1,075,000▼ $200,000
Accounts Receivable$184,834$214,838▲ $30,004
Land, Buildings, and Equipment, Net$214,440$181,464▼ $32,976
Intangible Assets$106,400$114,100▲ $7,700
Pledges and Grants Receivable-$75,613-
Prepaid Expenses and Deferred Charges$42,637$68,461▲ $25,824
Savings and Temporary Cash Investments$62,749$63,379▲ $630
Investments in Publicly Traded Securities$1,919$4,049▲ $2,130
Total Assets$4,233,891$6,480,933▲ $2,247,042
Liabilities
Accounts Payable and Accrued Expenses$1,013,216$686,473▼ $326,743
Deferred Revenue$74,847$56,710▼ $18,137
Total Liabilities$1,088,063$743,183▼ $344,880
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,192,691$4,025,781▲ $1,833,090
Net Assets Without Donor Restrictions$953,137$1,711,969▲ $758,832
Total Net Assets Fund Balance$3,145,828$5,737,750▲ $2,591,922
Total Liabilities and Net Assets / Fund Balance$4,233,891$6,480,933▲ $2,247,042

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$143,497$583,641$727,138
Leasehold Improvements$37,967$212,971$250,938
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Benjamin StraussCEO & Chief ScientistFT$259,594$65,520$325,114
Steven RushVP for Finance & Admin and TreasurerFT$210,452$59,371$269,823
Bernadette PlackyDirector-climate MattersFT$178,846$47,365$226,211
Karen FloriniVP for Programs & Asst SecretaryFT$195,052$26,007$221,059
Barbara CharbonnetActing VP for DevelopmentFT$174,046$37,440$211,486
Scott KulpSenior Computational Scientist & Senior DeveloperFT$159,077$45,025$204,102
Scott KulpSenior Computational Scientist & Sen-$159,077$45,025$204,102
Don BainSenior AdvisorPT$134,434$55,166$189,600
Daniel RizzaManager External Relations & Business DevelopmentFT$123,387$46,903$170,290
Daniel RizzaManager External Relations & Busines-$123,387$46,903$170,290
Jennifer BradyManager Analysis & ProductionFT$117,371$25,878$143,249
Peter GirardDirector of CommunicationsFT$113,530$14,923$128,453

Board Members and Trustees

NameTitle
Stephen PacalaChair
Michael OppenheimerVice Chair
Bob LittermanBoard Member
Carl FerenbachBoard Member
Decker AnstromBoard Member
Frances BeineckeBoard Member
Jim BildnerBoard Member
Kathryn MurdochBoard Member
Randall HackBoard Member
Sally BensonBoard Member
Wendy SchmidtSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
University Of OxfordScience Consulting On Weather Events500 5TH AVE, New York, NY 10110$102,551
Revenue and Support

Revenue Composition

Contributions and Grants
$8,338,334
Program Service Revenue
$32,025
Investment Income
$674
Other Revenue
$159,394
All Other Contributions
$7,728,620
Change in Net Assets
$2,591,922

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,530,427
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,530,427
Total Revenue per Form 990
$8,530,427
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,408,589
Other Expenses$1,529,916
Total Fundraising Expense$827,652
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,622,858$356,842$290,582$2,270,282
Current Officers, Directors, Trustees, and Key Employees$727,686$160,007$130,296$1,017,989
Fees for Services Other$494,360$9,300$75,829$579,489
Other Employee Benefits$369,947$88,257$64,386$522,590
Pension Plan Contributions$251,167$59,920$43,714$354,801
Occupancy$229,790$45,280$46,069$321,139
Payroll Taxes$170,986$41,453$30,488$242,927
Information Technology$197,997$9,333$12,238$219,568
Depreciation Depletion$90,973$17,927$18,238$127,138
Travel$65,474$15,429$37,705$118,608
Insurance$34,966$6,890$7,011$48,867
Fees for Services Accounting-$40,777-$40,777
Office Expenses$22,361$7,005$7,602$36,968
Fees for Services Legal$10,821$3,513-$14,334
Conferences and Meetings-$5,050-$5,050
Other Expenses$424,596$-483,701$59,105$0
Total Functional Expenses$4,720,298$390,555$827,652$5,938,505

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,938,505
Total Expenses per Audited Statements$5,938,505
Total Expenses per Form 990$5,938,505
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
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 B, Line 11B

“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 any conflicts of interst 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 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 ceo/president 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. The compensation for the ceo/president is approved by the board of directors.”

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

Filer Name
Climate Central Inc
EIN
26-1797336
Phone
6099243800
Address
1 PALMER SQUARE NO 402, PRINCETON, NJ 08542

Signing Officer

Name
Benjamin Strauss
Title
CEO and Chief Scientist
Phone
6099243800
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Strauss
Formed
2008
Legal Domicile
Nj
Voting Board Members
11
Independent Board Members
9
Employees
38
Volunteers
0

Preparer

Firm
Citrin Cooperman & Company Llp
Address
2 BETHESDA METRO CENTER 11TH FLOOR, BETHESDA, MD 20814
Preparer
Brian J Giganti
Phone
3016549000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process has not changed from prior year”

Financial Statement Notes

PART X, LINE 2:

“The organization follows accounting requirements associated with uncertainty in income taxes using the provisions of the financial accounting standards board ("fasb") accounting standards codification ("asc") 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more likely than not that the positions will not be sustained upon examination by the taxing authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. As of december 31, 2019 and 2018, the organization had no uncertain tax positions that qualified for either recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 712 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm10FRANCES BEINECKE
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IRS990/Form990PartVIISectionAGrp/PersonNm13BARBARA CHARBONNET
IRS990/Form990PartVIISectionAGrp/PersonNm14STEVEN RUSH
IRS990/Form990PartVIISectionAGrp/PersonNm15BERNADETTE PLACKY
IRS990/Form990PartVIISectionAGrp/PersonNm16SCOTT KULP
IRS990/Form990PartVIISectionAGrp/PersonNm17DANIEL RIZZA
IRS990/Form990PartVIISectionAGrp/PersonNm18JENNIFER BRADY
IRS990/Form990PartVIISectionAGrp/PersonNm19DON BAIN
IRS990/Form990PartVIISectionAGrp/PersonNm20PETER GIRARD
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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO & CHIEF SCIENTIST
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP FOR PROGRAMS & ASST SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13ACTING VP FOR DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP FOR FINANCE & ADMIN AND TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR-CLIMATE MATTERS
IRS990/Form990PartVIISectionAGrp/TitleTxt16SENIOR COMPUTATIONAL SCIENTIST & SENIOR DEVELOPER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MANAGER EXTERNAL RELATIONS & BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18MANAGER ANALYSIS & PRODUCTION
IRS990/Form990PartVIISectionAGrp/TitleTxt19SENIOR ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF COMMUNICATIONS
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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 INTERNATIONALLY. 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 BY ILLUMINATING THE SCIENTIFIC FACTS OF CLIMATE, USING PIONEERING ANALYSIS AND DATA VISUALIZATION TECHNIQUES. OUR SURGING SEAS PROGRAM AND ITS SUITE OF INTERACTIVE WEB-BASED TOOLS DEPICTING THREATS FROM SEA LEVEL RISE AND COASTAL FLOODING CONTINUE TO BE USED TO INFORM RISK ASSESSMENTS, EMERGENCY PREPAREDNESS EFFORTS, COMMUNICATION ACTIVITIES, AND POLICY ANALYSES. THE SEA LEVEL RISE SCIENTISTS COMPLETED WORK ON THE NEXT GENERATION OF GLOBAL MAPS, COASTAL/DEMTM. THE IMPROVED TOOL ALLOWED FOR GREATER PRECISION IN THE ASSESSMENT OF THE IMPACTS OF SEA LEVEL RISE ON SENSITIVE AREAS OF RISK SUCH AS AFFORDABLE HOUSING EXPOSED TO COASTAL FLOOD RISK. THE RESEARCH CONDUCTED AND THE FINALIZED COASTAL/DEMTM TOOL HIGHLIGHTED A THREEFOLD INCREASE IN THE ESTIMATES OF GLOBAL VULNERABILITY TO SEA-LEVEL RISE AND COASTAL FLOODING. THE NEW MAPS WERE RELEASED IN OCTOBER 2019.THE PAPER RELEASED IN SUPPORT OF THE COASTAL DEMTM RESEARCH AND TOOLS WAS THE #1 CLIMATE SCIENCE PAPER OF 2019.IN 2019, CLIMATE CENTRAL EXTENDED THE ENTERPRISE PROGRAM WHICH FOCUSES ON MARKETING AND LICENSING ORGANIZATIONAL TOOLS AND DATA TO DOMESTIC AND FOREIGN CORPORATIONS SUCH AS INSURANCE AND REAL ESTATE COMPANIES, RATING AGENCIES AND NATIONAL, STATE AND LOCAL GOVERNMENTAL ENTITIES.OUTREACH AND EDUCATION CONTINUED TO BE A KEY COMPONENT OF DELIVERING THE SEA LEVEL RISE INFORMATION TO AUDIENCES MOST IMPACTED. CLIMATE CENTRAL CONTINUED ITS RELATIONSHIP WITH NAACP TRAINING TEAMS, WORKING WITH COMMUNITIES IN NEED OR SUPPORT.
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Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,480,933
Liabilities
$743,183
Net assets
$5,737,750
Revenue
$8,530,427
Expenses
$5,938,505
Net income
$2,591,922
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