Watttime Corporation

“Before filing, the executive director reviews the 990 and sends a copy to the board. Board members are given the opportunity to review before submitting.”

“The independent members of the board annually designate a compensation committee to review the executive director's compensation based on comparability data. The committee then suggests any appropriate compensation changes to be voted on by the board. This process is concurrently documented.”

“All governing documents, conflict of interest policy, and financial statements were available to the public upon request. Executive director gavin mccormick kept electronic copies of all these documents, and the primary means of inspection was delivering these documents by email upon request.”

“In fy24 watttime's progress accelerated rapidly, on multiple fronts: aer assistance: watttime continued to increase the number of people we were able to help shift electricity to cleaner times by automating their devices to do so (now called "automated emissions reduction- or aer). This year we reached 900 million devices using aer. We estimate that our work has now caused a total of 50 million tons of carbon dioxide reductions globally. Making aer possible globally: the key requirement to adopt aer is having access to data on marginal emissions. In fy24 we were able to operationalize the algorithms we developed the previous year to expand marginal emissions data into over 150 new countries; nearly everywhere on earth. This dramatically increased the number of people able to use it. This very significant technical milestone was possible in large part to our climate trace initiative (mentioned below) to gather and harmonize global emissions data from the world's power grids and other sources. Supporting harmonization of methods. In fy24, watttime joined the technical working group for the widely used greenhouse gas protocol to help support harmonization of different methods different experts use to measure and account for the environmental impact of shifting electricity use to cleaner times. Climate trace emissions data reseach: the climate trace research project continued to progress rapidly in fy24. In november 2024 watttime led this growing coalition of collaborating environmental nonprofits, universities, and tech companies in significantly advancing the global state of the art in emissions monitoring. The coalition completed analyzing the ghg emissions of the largest 660 million emitting assets worldwide; it was able to use this to develop comprehensive ghg emissions inventories for every country, state, and county on the planet as well as the largest 9,000 urban areas; it expanded environmental monitoring from just ghg emissions to also key non-ghg emissions such as sulfur dioxide pollution; and it advanced from monitoring emissions once per year to once per month. This last was particularly relevant to aer which requires detailed data on timing to shift electricity to cleaner times. Exploring novel applications of emissions data: in fy24, we also confirmed that it is in fact possible to apply similar methods to aer in other fields outside of electricity, using data from climate trace. Watttime concluded successful pilots applying similar techniques to reduce emissions from steel and aluminum manufacturing, and began conducting research on similar methods in many other emitting sectors, from wastewater treatment to oil refining. Although such techniques are still in their infancy, at some point it may make sense for watttime to expand its mission slightly to focus on a wider range of environmentally beneficial practices.”

“Other professional expenses 0 135,576 0 contractors 4,708,674 62,738 1,652 total 4,708,674 198,314 1,652”