Civic Intelligence

Climate Central Inc.

990 • Fiscal year 2021 • EIN 26-1797336

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 02, 2022

Organization ProfileWWW.CLIMATECENTRAL.ORG

View Organization Page

1 Palmer Square 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

0.10x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.07x

Higher debt load relative to revenue than 33% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

17th percentile

-4.4%

Higher net margin than 17% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

90th percentile

$325,663

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

11th percentile

-5.6%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

20%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$5,643,548

Down $336,325 (-5.6%) from 2020

Net Assets

Down

$5,097,106

Down $330,730 (-6.1%) from 2020

Liabilities

Down

$546,442

Down $5,595 (-1.0%) from 2020

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin17th percentile

Revenue

Up

$7,434,167

Up $1,223,740 (+20%) from 2020

Expenses

Up

$7,764,897

Up $1,244,556 (+19%) from 2020

Net Income

Down

-$330,730

Down $20,816 (-6.7%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth11th 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

2021

Assets$5,643,548
Liabilities$546,442
Net Assets$5,097,106
Open 2021 Filing

Operations Trend

Revenue Growth60th 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

2021

Revenue$7,434,167
Expenses$7,764,897
Net Income-$330,730
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 2, 2022
Return Version
2021v4.2
Gross Receipts
$7,434,167
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$5,358,118$4,756,178▼ $601,940
Pledges and Grants Receivable$69,775$252,643▲ $182,868
Land, Buildings, and Equipment, Net$239,317$248,009▲ $8,692
Intangible Assets$105,202$198,451▲ $93,249
Prepaid Expenses and Deferred Charges$74,569$68,719▼ $5,850
Savings and Temporary Cash Investments$64,016$64,659▲ $643
Accounts Receivable$59,216$40,062▼ $19,154
Investments in Publicly Traded Securities$9,660$14,827▲ $5,167
Total Assets$5,979,873$5,643,548▼ $336,325
Liabilities
Accounts Payable and Accrued Expenses$499,521$498,814▼ $707
Deferred Revenue$52,516$47,628▼ $4,888
Total Liabilities$552,037$546,442▼ $5,595
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,283,818$2,721,609▲ $437,791
Net Assets With Donor Restrictions$3,144,018$2,375,497▼ $768,521
Total Net Assets Fund Balance$5,427,836$5,097,106▼ $330,730
Total Liabilities and Net Assets / Fund Balance$5,979,873$5,643,548▼ $336,325

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$176,529$679,809$856,338
Leasehold Improvements$71,480$312,207$383,687
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Benjamin StraussCEO & Chief ScientistFT$263,505$62,158$325,663
Jessica CashdanVP for DevelopmentFT$228,166$55,758$283,924
Scott KulpSenior Computational ScienFT$180,695$72,797$253,492
Daniel DodsonChief Technology OfficerFT$201,500$31,183$232,683
Bernadette PlackyDirector-climate MattersFT$177,274$46,333$223,607
Karen FloriniVP for Programs & Asst SecFT$188,373$30,668$219,041
Andrew PershingDirector of Climate ScienceFT$167,274$45,730$213,004
Barbara CharbonnetActing VP for DevelopmentFT$169,154$36,680$205,834
Peter GirardDirector of CommunicationsFT$166,000$35,737$201,737
Shari BellSr Director, Special ProjectsFT$164,872$36,578$201,450
Steven RushVP for Finance & Admin andFT$105,102$19,279$124,381

Board Members and Trustees

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

Highest Paid Contractors

ContractorServicesLocationCompensation
10x ManagementSoftware Programming Consultant39 WEST 32ND STREET SUITE 1403, New York, NY 10001$268,380
Alexander KatsnelsonSoftware Programming Consultant3 BRIAR LANE, Marblehead, MA 01945$123,000
Alan FriedmanSoftware Programming Consultant180 MYRTLE AVE APT 11N, Brooklyn, NY 11201$118,457
Revenue and Support

Revenue Composition

Contributions and Grants
$7,133,066
Program Service Revenue
$125,887
Investment Income
$644
Other Revenue
$174,570
All Other Contributions
$7,032,781
Change in Net Assets
$-330,730

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,434,167
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,434,167
Total Revenue per Form 990
$7,434,167
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,584,677
Other Expenses$2,180,220
Total Fundraising Expense$700,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,394,244$439,209$264,738$3,098,191
Current Officers, Directors, Trustees, and Key Employees$1,090,284$199,040$119,974$1,409,298
Fees for Services Other$1,068,168$89,319$134,626$1,292,113
Pension Plan Contributions$358,608$63,947$38,545$461,100
Payroll Taxes$262,884$48,225$29,068$340,177
Occupancy$240,565$40,560$27,917$309,042
Other Employee Benefits$214,583$38,264$23,064$275,911
Information Technology$214,178$9,983$8,827$232,988
Depreciation Depletion$85,021$14,334$9,867$109,222
Insurance$55,887$9,422$6,486$71,795
Office Expenses$31,574$4,549$12,643$48,766
Travel$38,565$7,220$1,547$47,332
Fees for Services Accounting-$28,546-$28,546
Fees for Services Legal$281$11,107-$11,388
Other Expenses$197,712$-216,211$18,499$0
Total Functional Expenses$6,263,230$800,951$700,716$7,764,897

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,764,897
Total Expenses per Audited Statements$7,764,897
Total Expenses per Form 990$7,764,897
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

“The organization shares a copy of form 990 with the finance and audit committee and the full board of trustees for review before filing it.”

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 402, PRINCETON, NJ 08542

Signing Officer

Name
Benjamin Strauss
Title
CEO and Chief Scientist
Phone
6099243800
Signed
2022-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Strauss
Formed
2008
Legal Domicile
Nj
Voting Board Members
10
Independent Board Members
10
Employees
46
Volunteers
0

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 1,068,168. Management and general expenses 89,319. Fundraising expenses 134,626. Total expenses 1,292,113.”

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, 2021 and 2020, the organization had no uncertain tax positions that qualified for either recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 761 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/PersonNm7MICHAEL OPPENHEIMER
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IRS990/Form990PartVIISectionAGrp/PersonNm13DANIEL DODSON
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IRS990/Form990PartVIISectionAGrp/PersonNm19SHARI BELL
IRS990/Form990PartVIISectionAGrp/PersonNm20ANDREW PERSHING
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO & CHIEF SCIENTIST
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP FOR FINANCE & ADMIN AND
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP FOR PROGRAMS & ASST SEC
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF TECHNOLOGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR-CLIMATE MATTERS
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP FOR DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16ACTING VP FOR DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17SENIOR COMPUTATIONAL SCIEN
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt19SR DIRECTOR, SPECIAL PROJECTS
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF CLIMATE SCIENCE
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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. (CONTINUED ON SCHEDULE O).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/Desc0CLIMATE MATTERSCLIMATE MATTERS IS A CLIMATE REPORTING RESOURCE PROGRAM GROUNDED IN THE LATEST SCIENCE THAT HELPS METEOROLOGISTS AND JOURNALISTS REPORT ON CLIMATE IMPACTS AND SOLUTIONS IN WAYS THAT ARE LOCAL, IMMEDIATE, AND PERSONAL.THE ORGANIZATION'S TEAM OF SCIENTISTS, DATA ANALYSTS AND VISUAL ARTISTS IDENTIFY AND INTERPRET DATA AND PRODUCE EASY TO UNDERSTAND TEXT AND VISUAL MATERIALS, INCLUDING GRAPHICS, INTERACTIVES AND VIDEOS, TO HELP JOURNALISTS BUILD STORIES THAT WILL ENGAGE AND ENLIGHTEN THEIR AUDIENCE.THE ORGANIZATION'S REPORTING TOOLS ARE AVAILABLE, FREE OF CHARGE, TO ANYONE INTERESTED IN TELLING ENGAGING LOCAL, SCIENCE-BASED STORIES ABOUT HOW GLOBAL CLIMATE CHANGE IS IMPACTING THEIR COMMUNITY, WHY IT MATTERS, AND WHAT CAN BE DONE ABOUT IT.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SEA LEVEL RISETHE ORGANIZATION'S PROGRAM ON SEA LEVEL RISE STRIVES TO PROVIDE ACCURATE, CLEAR AND GRANULAR INFORMATION ABOUT SEA LEVEL RISE AND COASTAL FLOOD HAZARDS BOTH LOCALLY AND GLOBALLY, TODAY AND TOMORROW. ANCHORED IN RIGOROUS PRIMARY RESEARCH, THE ORGANIZATION'S WORK DISTINGUISHES ITSELF BY ITS USER-FRIENDLY MAPS AND TOOLS, EXTENSIVE DATASETS, AND HIGH QUALITY VISUAL PRESENTATIONS. THE PROGRAM DEDICATES ITS EFFORTS TO HELPING CITIZENS, COMMUNITIES, BUSINESSES, ORGANIZATIONS, AND GOVERNMENTS AT EVERY LEVEL TO UNDERSTAND THE CONSEQUENCES OF DIFFERENT CARBON PATHWAYS AND TO NAVIGATE THE SHIFTING WATERS OF OUR WARMING WORLD.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0125887
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PARTNERSHIPS JOURNALISMTHE ORGANIZATION BRINGS A PARTNERSHIPS JOURNALISM INITIATIVE TO THE SERVICE OF CLIMATE MATTERS AND SEA LEVEL RISE TO ADD DEPTH TO THE UNDERSTANDING OF THE HUMAN IMPACTS OF CLIMATE CHANGE AND, WHEN APPLICABLE, ITS PROMISING SOLUTIONS.PARTNERING WITH LOCAL AND NATIONAL MEDIA ORGANIZATIONS, THE ORGANIZATION PRODUCES AND HELPS DEVELOP STORIES FOR A WIDE VARIETY OF PRINT, DIGITAL, RADIO, AND TV OUTLETS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1ENTERPRISEIN ADDITION TO THE ABOVE PROGRAMS, THERE IS ANOTHER PROGRAM TITLED "ENTERPRISE" 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.
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Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,643,548
Liabilities
$546,442
Net assets
$5,097,106
Revenue
$7,434,167
Expenses
$7,764,897
Net income
-$330,730
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
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