Climate Reality Action Fund

“The climate reality action fund will receive the form 990 from its accounting firm and distribute it to board members for their review. Board members may direct any questions to the person responsible for managing the organization's financial records, who will coordinate with the accounting firm to address any board inquiries prior to filing.”

“Each director, principal officer, and any member of the committee with governing board delegated powers must annually sign a statement which affirms such person: (i) has received a copy of the conflict of interest policy; (ii) has read and understands the policy; (iii) has agreed to comply with the policy; and (iv) understands the organization is tax-exempt, and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. The organization also conducts periodic reviews and consults wih third parties to determine whether the compensation and benefits are reasonable, based on competent survey information, and whether the partnerships, joint ventures, and arrangements with management conform to the organization's written policies, are properly recorded, reflect the climate reality action fund reasonable investment or payment of goods and services, further tax-exempt purposes, and do not result to inurement, impermissible private benefit, or in an excessive benefit transaction.”

“Climate reality action fund relies on the alliance for climate protection dba climate reality project to set officer compensation. Climate reality project is an affiliated organization not related for tax purposes. Climate reality project's process is as follows: the board of directors has set a compensation level consistent with salaries of executive officers at other major national environmental organizations and have referred to relevant compensation studies with the final acceptance of the board. The most recent compensation review took place in may 2022.”

“Climate reality action fund makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Phyllis cuttino, ceo, was compensated by the climate reality project, an unrelated organization in which the action fund has a cost-sharing agreement with. For the year ended 12/31/2024, the action fund reimbursed the climate reality project for their allocable share of compensation. This amount is reflected in form 990, part ix, line 5.”

“The form 990 is being amended to correct information from the original filing. The changes are as follows: - part vii, section a, line 1a - schedule o, part vi, section b, line 11b”

“Other professional fees: program service expenses 1,000. Management and general expenses 3,270. Fundraising expenses 0. Total expenses 4,270. Programmatic production: program service expenses 2,823,799. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,823,799.”