Civic Intelligence

Accelerate Climate Solutions

990 • Fiscal year 2023 • EIN 92-1759737

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

Organization ProfileWWW.ACCELERATECLIMATESOLUTIONS.ORG
34 W Chicago Ave Suite ANaperville, IL 60540

(630) 621-6176

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

89th percentile

46%

Higher net margin than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Flat

$12,073

Flat from 2023

Net Assets

Flat

$12,073

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin89th percentile

Revenue

Flat

$26,509

Flat from 2023

Expenses

Flat

$14,234

Flat from 2023

Net Income

Flat

$12,275

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2023: $12,073Liabilities 2023: $0Net Assets 2023: $12,0732023Assets 2023: $12,073Liabilities 2023: $0Net Assets 2023: $12,0732023Assets 2024: $40,627Liabilities 2024: $3,566Net Assets 2024: $37,0612024

Highlighted filing

2023

Assets$12,073
Liabilities$0
Net Assets$12,073
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80K$60K$40K$20K$0Revenue 2023: $26,509Expenses 2023: $14,234Net Income 2023: $12,2752023Revenue 2023: $26,509Expenses 2023: $14,234Net Income 2023: $12,2752023Revenue 2024: $77,267Expenses 2024: $52,279Net Income 2024: $24,9882024

Highlighted filing

2023

Revenue$26,509
Expenses$14,234
Net Income$12,275
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$26,509
Mission and Program Overview

Mission

Accelerate climate solutions educates youth and empowers neighbors to deploy climate solutions, creating a just world and a healthy planet.

Accelerate climate solutions mission is to help our neighbors benefit from the green economy while also driving down greenhouse gas emissions. To do this, we work to ensure that local climate solutions are deployed rapidly and broadly; that residents, businesses, and government have the knowledge needed to make climate positive choices; and that students have the resources needed to pursue climate solutions careers. Reducing greenhouse gas emissions will drive other co-benefits, including improved health, better indoor and outdoor air quality, cost savings, and job creation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$12,073-
Total Assets$0$12,073▲ $12,073
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$12,073-
Total Net Assets Fund Balance$0$12,073▲ $12,073
Total Liabilities and Net Assets / Fund Balance$0$12,073▲ $12,073
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Catherine ClarkinPresident
Ashfaq SyedDirector
Maureen StillmanDirector
Marylee LeuSecretary
Briana MooreTreasurer
Anu VermaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$26,509
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$22,959
Change in Net Assets
$12,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,234
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$11,163--$11,163
Insurance-$1,256-$1,256
Other Expenses$440$876-$440
Office Expenses-$396-$396
Advertising-$54-$54
Travel-$49-$49
Total Functional Expenses$11,603$2,631$0$14,234
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The organization contains individuals as members.”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Accelerate Climate Solutions
EIN
92-1759737
Phone
6306216176
Address
34 W CHICAGO AVE SUITE A, NAPERVILLE, IL 60540

Signing Officer

Name
Catherine Clarkin
Title
President
Phone
6306216176
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Clarkin
Formed
2023
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
10

Preparer

Firm
Chawla & Associates Inc
Address
2752 FORGUE DR STE 100B, NAPERVILLE, IL 60564
Preparer
Harpreet S Chawla
Phone
6309228600
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Accelerate climate solutions mission is to help our neighbors benefit from the green economy while also driving down greenhouse gas emissions. To do this, we work to ensure that local climate solutions are deployed rapidly and broadly; that residents, businesses, and government have the knowledge needed to make climate positive choices; and that students have the resources needed to pursue climate solutions careers. Reducing greenhouse gas emissions will drive other co-benefits, including improved health, better indoor and outdoor air quality, cost savings, and job creation.”

Form 990, Page 2, Part III, Line 4A

“At accelerate climate solutions, our goal is to help our neighbors benefit from the green economy while also driving down greenhouse gas emissions. To do this, we work to ensure that local climate solutions are deployed rapidly and broadly; that residents, businesses, and government have the knowledge needed to make climate positive choices; and that students have the resources needed to pursue climate solutions careers. Accelerate climate solutions bridges the gap between education, outreach, end users, decision-makers, and vendors who design and install solutions. We connect end users to public and private funding, with a special focus on disadvantaged or environmental justice communities.”

Form 990, Part IX, Line 11G

“Contract services 2,050 0 0 contratual services 9,113 0 0 total 11,163 0 0”

Form 990, Part XI, Line 9

“Adjustment to fund balance -202”

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCELERATE CLIMATE SOLUTIONS MISSION IS TO HELP OUR NEIGHBORS BENEFIT FROM THE GREEN ECONOMY WHILE ALSO DRIVING DOWN GREENHOUSE GAS EMISSIONS. TO DO THIS, WE WORK TO ENSURE THAT LOCAL CLIMATE SOLUTIONS ARE DEPLOYED RAPIDLY AND BROADLY; THAT RESIDENTS, BUSINESSES, AND GOVERNMENT HAVE THE KNOWLEDGE NEEDED TO MAKE CLIMATE POSITIVE CHOICES; AND THAT STUDENTS HAVE THE RESOURCES NEEDED TO PURSUE CLIMATE SOLUTIONS CAREERS. REDUCING GREENHOUSE GAS EMISSIONS WILL DRIVE OTHER CO-BENEFITS, INCLUDING IMPROVED HEALTH, BETTER INDOOR AND OUTDOOR AIR QUALITY, COST SAVINGS, AND JOB CREATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT ACCELERATE CLIMATE SOLUTIONS, OUR GOAL IS TO HELP OUR NEIGHBORS BENEFIT FROM THE GREEN ECONOMY WHILE ALSO DRIVING DOWN GREENHOUSE GAS EMISSIONS. TO DO THIS, WE WORK TO ENSURE THAT LOCAL CLIMATE SOLUTIONS ARE DEPLOYED RAPIDLY AND BROADLY; THAT RESIDENTS, BUSINESSES, AND GOVERNMENT HAVE THE KNOWLEDGE NEEDED TO MAKE CLIMATE POSITIVE CHOICES; AND THAT STUDENTS HAVE THE RESOURCES NEEDED TO PURSUE CLIMATE SOLUTIONS CAREERS. ACCELERATE CLIMATE SOLUTIONS BRIDGES THE GAP BETWEEN EDUCATION, OUTREACH, END USERS, DECISION-MAKERS, AND VENDORS WHO DESIGN AND INSTALL SOLUTIONS. WE CONNECT END USERS TO PUBLIC AND PRIVATE FUNDING, WITH A SPECIAL FOCUS ON DISADVANTAGED OR ENVIRONMENTAL JUSTICE COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION CONTAINS INDIVIDUALS AS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT SERVICES 2,050 0 0 CONTRATUAL SERVICES 9,113 0 0 TOTAL 11,163 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADJUSTMENT TO FUND BALANCE -202
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060564
ReturnHeader/PreparerPersonGrp/PhoneNum06309228600
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HARPREET S CHAWLA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-15T14:44:07-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CATHERINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CLARKIN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,073
Liabilities
$0
Net assets
$12,073
Revenue
$26,509
Expenses
$14,234
Net income
$12,275
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.6$3.57$37.1$77.3$52.3$25.0
2023Detailed filing. Detailed filing data is available for this year.$12.1$0.00$12.1$26.5$14.2$12.3
2023Summary only. Only limited summary data is available for this year.$12.1$0.00$12.1$26.5$14.2$12.3