Civic Intelligence

Global Energy Monitor

EIN 82-2723327 • 501(c)3 • Covina, CA

Profile

Global Energy Monitor develops and analyzes data on energy infrastructure, resources, and uses. We provide open access to information that is essential to building a sustainable energy future.

440 N Barranca Ave 2878Covina, CA 91723

www.globalenergymonitor.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.15x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

39th percentile

0.09x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

32nd percentile

-1.7%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$161,762

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

32nd percentile

-1.0%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

3.3%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,799,924

Down $57,935 (-1.0%) from 2023

Liabilities

Up

$878,885

Up $105,980 (+14%) from 2023

Net Assets

Down

$4,921,039

Down $163,915 (-3.2%) from 2023

Revenue

Up

$9,612,516

Up $302,685 (+3.3%) from 2023

Expenses

Up

$9,776,431

Up $1,444,204 (+17%) from 2023

Net Income

Down

-$163,915

Down $1,141,519 (-117%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2018: $386,817Liabilities 2018: $10,035Net Assets 2018: $376,7822018Assets 2019: $840,837Liabilities 2019: $22,299Net Assets 2019: $818,5382019Assets 2020: $987,979Liabilities 2020: $175,744Net Assets 2020: $812,2352020Assets 2021: $3,048,707Liabilities 2021: $121,605Net Assets 2021: $2,927,1022021Assets 2022: $4,515,868Liabilities 2022: $408,518Net Assets 2022: $4,107,3502022Assets 2023: $5,857,859Liabilities 2023: $772,905Net Assets 2023: $5,084,9542023Assets 2024: $5,799,924Liabilities 2024: $878,885Net Assets 2024: $4,921,0392024

Highlighted filing

2024

Assets$5,799,924
Liabilities$878,885
Net Assets$4,921,039

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2018: $627,185Expenses 2018: $400,403Net Income 2018: $226,7822018Revenue 2019: $1,174,924Expenses 2019: $741,796Net Income 2019: $433,1282019Revenue 2020: $1,543,001Expenses 2020: $1,516,304Net Income 2020: $26,6972020Revenue 2021: $5,161,395Expenses 2021: $3,036,051Net Income 2021: $2,125,3442021Revenue 2022: $6,281,028Expenses 2022: $5,100,780Net Income 2022: $1,180,2482022Revenue 2023: $9,309,831Expenses 2023: $8,332,227Net Income 2023: $977,6042023Revenue 2024: $9,612,516Expenses 2024: $9,776,431Net Income 2024: -$163,9152024

Highlighted filing

2024

Revenue$9,612,516
Expenses$9,776,431
Net Income-$163,915

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$9,612,516
Mission and Program Overview

Mission

CoalSwarm develops and shares information on fossil fuel projects in support of the worldwide movement for clean energy.

Global Energy Monitor develops and analyzes data on energy infrastructure, resources, and uses. We provide open access to information that is essential to building a sustainable energy future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$3,461,828$2,663,560▼ $798,268
Savings and Temporary Cash Investments$1,196,558$2,059,625▲ $863,067
Cash and Non-Interest-Bearing Accounts$765,086$860,248▲ $95,162
Investments in Publicly Traded Securities$164,470$0▼ $164,470
Prepaid Expenses and Deferred Charges$84,563$34,788▼ $49,775
Accounts Receivable-$6,715-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$5,857,859$5,799,924▼ $57,935
Other Assets Total$185,354$174,988▼ $10,366
Liabilities
Accounts Payable and Accrued Expenses$772,905$878,885▲ $105,980
Total Liabilities$772,905$878,885▲ $105,980
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,504,891$3,763,352▼ $741,539
Net Assets Without Donor Restrictions$580,063$1,157,687▲ $577,624
Total Net Assets Fund Balance$5,084,954$4,921,039▼ $163,915
Total Liabilities and Net Assets / Fund Balance$5,857,859$5,799,924▼ $57,935
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louisa PlotnickAssociate DirectorFT$137,739$24,023$161,762
Ryan Driskell TateAssociate DirectorFT$149,259$1,000$156,182
Maisie BirdChief Data OfficerFT$150,790$6,923$151,790
Caitlin SwalecProgram DirectorFT$126,086$12,849$138,935
Joshua KruskalDirector Fin. & OpsFT$114,978$18,701$133,679
Flora ChampenoisProgram DirectorFT$118,061$12,619$130,680
Theodore NaceExecutive DirectorPT$125,715$4,903$130,618
Aiqun YuResearch AnalystFT$128,091-$128,091

Board Members and Trustees

NameTitle
Daniel NewmanDirector
Han ChenDirector
Jenny ChuDirector
Sheldon RamptonDirector
Ashish FernandesSecretary
Paula BakerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,394,995
Program Service Revenue
$157,000
Investment Income
$58,038
Other Revenue
$2,483
All Other Contributions
$9,394,995
Change in Net Assets
$-163,915

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,612,516
Total Revenue per Audited Statements
$9,612,516
Total Revenue per Form 990
$9,612,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,825,681
Other Expenses$850,750
Total Fundraising Expense$332,435
Grants and Similar Amounts Paid$100,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,394,078$520,660$173,607$7,088,345
Other Employee Benefits$593,927$1,962$8,352$604,241
Payroll Taxes$423,800$52,049$21,112$496,961
Fees for Services Other$300,127$142,687$4,154$446,968
Current Officers, Directors, Trustees, and Key Employees$142,853$174,745$109,148$426,746
Pension Plan Contributions$70,800$132,361$6,227$209,388
Information Technology$138,108$18,561$1,102$157,771
Travel$106,858$9,245$2,253$118,356
Foreign Grants$100,000--$100,000
Fees for Services Accounting-$35,226-$35,226
Office Expenses$19,317$2,689$4,554$26,560
Fees for Services Legal$17,406$2,600-$20,006
Other Expenses$6,974$14,117$1,781$14,117
Insurance$3,687$1,887$145$5,719
Advertising$5,038--$5,038
Total Functional Expenses$8,322,973$1,121,023$332,435$9,776,431

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,776,431
Total Expenses per Audited Statements$9,776,431
Total Expenses per Form 990$9,776,431
International Activity

International Summary

Employees
16
Spending
$1,309,740

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgramResearch, editing, writing07$721,701
Mexico & Canada (No. America)ProgramResearch, editing, writing03$226,361
East Asia & the PacificProgramResearch, editing, writing03$226,331
South AmericaProgramResearch, editing, writing01$61,127
South AsiaProgramResearch, editing, writing01$44,347
Sub-Saharan AfricaProgramResearch, editing, writing01$29,873
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
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 A, Line 4

-We updated our bylaws to reflect our 2020 name change to Global Energy Monitor.-Removed provisions giving directors the authority to supervise, appoint, and remove staff members besides the Executive Director.-Adjusted description of Treasurer's responsibilities to allow delegation of day-to-day financial management functions.-Removed provision requiring the use of Robert's Rules of Order.

Form 990, Part VI, Section B, Line 11B

The Board President, ED, and Treasurer review.

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

We have board members sign an acknowledgment form annually.

Form 990, Part VI, Section B, Line 15A

Pay for the Executive Director is included in our compensation framework. As part of our annual review of the framework, Executive Director pay goes through a review process that includes compensation benchmarking (using Washington D.C. as a reference city given availability of relevant data), review of the previous year's inflation numbers, the organization's financial health, and strategic goals. These findings are then presented to the Board of Directors, who may elect to do additional review and make a final decision about the Executive Directors pay.

Form 990, Part VI, Section B, Line 15B

Pay for key employees is outlined in our compensation framework, which is updated annually after going through a review process that includes compensation benchmarking (using Washington D.C. as a reference city given availability of relevant data), review of the previous year's inflation numbers, the organization's financial health, and strategic goals.

Form 990, Part VI, Section C, Line 19

Forms 990 are available for public access on our website. Form 1023 may be provided upon request.

Form 990, Part VII, Section B, Line 1 - Independent Contractors

The Organization contracts with Deel for services provided by international staff. No staff individually was paid more than $100,000 during the year ended December 31, 2024.

Filing and Contact Details

Filer

Filer Name
Global Energy Monitor
EIN
82-2723327
Phone
6262190030
Address
440 N Barranca Ave 2878, Covina, CA 91723

Signing Officer

Name
Joshua Kruskal
Title
Director Fin. & Ops
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin Locke
Formed
2017
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
86
Volunteers
6

Preparer

Firm
Crosby & Kaneda CPAs LLP
Address
548 Market St PMB 97503, San Francisco, CA 94104
Preparer
Tierna Jensen
Phone
5108352727
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

We launched a new Global Iron Ore Mines Tracker and the Global Integrated Power Tracker. We also updated and consolidated our Global Steel Plant Tracker & Global Blast Furnace Tracker into the rebranded Global Iron and Steel Tracker.

Financial Statement Notes

Part X : FIN48 Footnote

The Internal Revenue Service and the California Franchise Tax Board have determined that the Organization is exempt from federal and state income taxes under IRC 501(c)(3) and California RTC 23701(d). The Organization has evaluated its current tax positions as of December 31, 2024 and is not aware of any significant uncertain tax positions for which a reserve would be necessary. The Organizations tax returns are generally subject to examination by federal and state taxing authorities for three and four years, respectively, after they are filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt6Executive Dir.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Oil & Gas: Global Energy Monitor's oil and gas program includes projects tracking oil and gas extraction, infrastructure, power plants, and regional gas production, as well as a weekly newsletter. Each tracker includes interactive maps, summary tables, and a downloadable data set with links to footnoted wiki pages on each facility. Some trackers also publish reports about notable trends. These tools are made publicly available under an open source license and are commonly used by nonprofit groups, universities, international agencies, media organizations, and others.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Coal: Global Energy Monitor's coal program includes projects tracking coal plants, mines, terminals, and finance, as well as a weekly newsletter. Each tracker includes interactive maps, summary tables, and a downloadable data set with links to footnoted wiki pages on each facility. Some trackers also publish reports about notable trends. These tools are made publicly available under an open source license and are commonly used by nonprofit groups, universities, international agencies, media organizations, and others.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Heavy Industry: Global Energy Monitors heavy industry program includes projects tracking iron and steel plants, iron mining, and cement and concrete plants. Each tracker includes interactive maps, summary tables, and a downloadable data set with links to footnoted wiki pages on each facility. Some trackers also publish reports about notable trends. These tools are made publicly available under an open source license and are commonly used by nonprofit groups, universities, international agencies, media organizations, and others.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Other programs: Other projects at GEM include cross-cutting work such as: 1) Our Energy Transition Tracker, which identifies zones with potential for scaling up renewable energy and provides centralized data, maps, and information about factors that facilitate or obstruct the transition, to help stakeholders drive real change in the energy transition. 2) Our Global Integrated Power Tracker, which combines data from all power generation trackers for improved visualization, understanding, and ease of use. 3) Our Global Energy Ownership Tracker, which provides ownership data for facilitates in nine of our other trackers. 4) Our Methane Emitters Tracker, which provides estimates of fossil fuel emissions at oil and gas and coal extraction sites, natural gas transmission pipelines, proposed projects and reserves, and attribution of remotely-sensed methane plumes. And 5) Our Private Equity Tracker, which is part of a multi-organization initiative known as the Private Equity Climate Risks (PECR) project.
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