2024-11-14T17:41:56-06:00 2023-12-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2023-01-01 884336644 CLIMATE LEAD INC CLIM 8778295500 1 FERRY BUILDING 350 SAN FRANCISCO CA 94111 GAURAV VASHIST MD OF FINANCE, OP & PEOPLE 8778295500 2024-11-04 1 1 QI WEN LIANG P01270238 4159561500 2024-11-04 2023 2024-10-15 13:58:12Z GAURAV VASHIST 1 FERRY BUILDING 350 SAN FRANCISCO CA 94111 30996407 0 X WWW.CLIMATELEAD.ORG X 2022 DE CLIMATE LEAD MOBILIZES AND CHANNELS THE CREATIVITY, PASSION, AND GENEROSITY OF PHILANTHROPISTS TO ADDRESS THE MOST PROFOUND CHALLENGE OF OUR TIME - CLIMATE CHANGE. WE BALANCE RIGOR WITH URGENCY IN OUR WORK TO NIMBLY ENGAGE DONORS WITH EXPERT INSIGHTS AND TAILORED GIVING OPPORTUNITIES THAT CROSS-CUT ISSUES SUCH AS HEALTH, POVERTY, FOOD AND WATER, ECONOMIC JUSTICE, AND BIODIVERSITY, ALL OF WHICH INTERSECT WITH THE CLIMATE. CLIMATE LEAD IS NOT A GRANTMAKING ORGANIZATION. INSTEAD, WE SOURCE AND VET SOLUTIONS FROM THE BROADER CLIMATE COMMUNITY ACROSS SECTORS, GEOGRAPHIES, AND STRATEGIES; AND CONNECT PHILANTHROPISTS DIRECTLY TO THE ORGANIZATIONS IMPLEMENTING THEM. THESE SOLUTIONS RANGE FROM PROMISING EARLY-STAGE IDEAS TO PROVEN OPPORTUNITIES READY FOR SCALE. 7 7 38 7 0 0 0 30914476 0 0 0 81931 0 0 0 30996407 0 0 0 0 0 4917520 0 0 167611 0 3114809 0 8032329 0 22964078 0 24402091 0 1438013 0 22964078 X CLIMATE LEAD MOBILIZES AND CHANNELS THE CREATIVITY, PASSION, AND GENEROSITY OF PHILANTHROPISTS TO ADDRESS THE MOST PROFOUND CHALLENGE OF OUR TIME - CLIMATE CHANGE. WE BALANCE RIGOR WITH URGENCY IN OUR WORK TO NIMBLY ENGAGE DONORS WITH EXPERT INSIGHTS AND TAILORED GIVING OPPORTUNITIES THAT CROSS-CUT ISSUES SUCH AS HEALTH, POVERTY, FOOD AND WATER, ECONOMIC JUSTICE, AND BIODIVERSITY, ALL OF WHICH INTERSECT WITH THE CLIMATE. CLIMATE LEAD IS NOT A GRANTMAKING ORGANIZATION. INSTEAD, WE SOURCE AND VET SOLUTIONS FROM THE BROADER CLIMATE COMMUNITY ACROSS SECTORS, GEOGRAPHIES, AND STRATEGIES; AND CONNECT PHILANTHROPISTS DIRECTLY TO THE ORGANIZATIONS IMPLEMENTING THEM. THESE SOLUTIONS RANGE FROM PROMISING EARLY-STAGE IDEAS TO PROVEN OPPORTUNITIES READY FOR SCALE. 0 0 5864956 CLIMATE LEAD PROVIDES TAILORED GUIDANCE, CONNECTIONS TO PEERS AND A DIVERSE EXPERT NETWORK, AND SOURCES AN ARRAY OF OPPORTUNITIES TO FUND HIGH-IMPACT CLIMATE SOLUTIONS WITH A PROVEN OR CLEAR POTENTIAL FOR IMPACT. 5864956 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 1 38 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X GAURAV VASHIST 4152239805 1 FERRY BUILDING 305 SAN FRANCISCO CA 94111 TOM STEINBACH BOARD CHAIR 1.00 X X 0 0 0 JORGEN THOMSEN TREASURER 0.50 X X 0 0 0 LARRY KRAMER SECRETARY (THRU 12/23) 0.50 X X 0 0 0 CHRIS DECARDY DIRECTOR 0.50 X 0 0 0 CHRISTIE ULMAN DIRECTOR 0.50 X 0 0 0 MARISA DE BELLOY DIRECTOR 0.50 X 0 0 0 SONIA MEDINA DIRECTOR 0.50 X 0 0 0 SUE TIERNEY DIRECTOR 0.50 X 0 0 0 JENNIFER KITT PRESIDENT 40.00 X 658227 0 55513 GAURAV VASHIST MD OF FINANCE, OP & PEOPLE 40.00 X 186975 0 16964 ROBYNN STEFFEN EXECUTIVE VP, PHILANTHROPY 40.00 X 443557 0 40073 JENNIFER MARLOW CHIEF COMMUNICATIONS OFFICER 40.00 X 302987 0 40125 MARIA ATHENA R BALLESTEROS MD OF GLOBAL CLIMATE STRATEGIES 40.00 X 342028 0 38890 DANIELLE JENSEN DEPUTY MD OF PHILANTHROPY 40.00 X 300069 0 17878 WHITNEY KOLLAR SENIOR PHILANTHROPY ADVISOR 40.00 X 288690 0 31949 GIDEON BRESLER SENIOR PHILANTHROPY ADVISOR 40.00 X 223836 0 21753 CHRISTOPHER KYRIACOU DIRECTOR, PRESIDENTS OFFICE 40.00 X 193330 0 26615 THOMAS DAMASSA ASSOCIATE DIRECTOR, GCS 40.00 X 191950 0 26237 3131649 0 315997 12 0 1 1 VELOCITY GLOBAL 3827 LAFAYETTE STREET SUITE 107 DENVER CO 802055092 EMPLOYER OF RECORD & IMMIGRATION SERVICE 724889 RODRIGUEZ COMMUNITY GROUP LLC 572 S GAYLORD DENVER CO 80209 CONSULTING 277924 HYPERAKT DESIGN GROUP INC 400A PROSPECT AVE BROOKLYN NY 11215 CONSULTING 185000 X EQUALS PRODUCTIONS 1904 WESTMARK TOWER 1 NEWCASTLE PL LONDON UK W2 1BW UK CONSULTING 166355 SUSAN BELL ASSOCIATES LLC 570 OAK KNOLL LANE MENLO PARK CA 94025 CONSULTING 132329 5 30914476 30914476 81931 81931 30996407 0 0 81931 X 2125339 1778652 203939 142748 1803650 1487571 316079 316604 272397 44207 421427 354779 58241 8407 250500 196875 37169 16456 78041 78041 77829 77829 1221792 690076 531716 238541 238541 118904 26351 92553 68595 34350 34245 233089 16048 217041 338814 322134 16680 348288 348288 33849 33849 STAFF RECRUITMENT 150938 16257 134681 EMPLOYEE DEVELOPMENT & 111344 6450 104894 PAYROLL FEES 49644 44356 5288 EMPLOYEE RELATED EVENTS 15942 6854 9088 29199 24977 4222 8032329 5864956 1999762 167611 3515937 19581931 48498 0 1255725 0 24402091 225380 0 1212633 0 1438013 X 22964078 0 22964078 0 24402091 22964078 0 X 0 1 X 1 0 X 0 30914476 30914476 30914476 30914476 14140216 16774260 0 81931 81931 30996407 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OTHER RECEIVABLES 222 SECURITY DEPOSITS 90882 RIGHT OF USE ASSET 1164621 1255725 SHORT TERM LEASE LIABILITY 684582 LONG TERM LEASE LIABILITY 482824 PAYROLL LIABILITIES 45227 1212633 X 17748598 0 17748598 13247809 13247809 30996407 8032329 0 8032329 0 8032329 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT CALIFORNIA CORPORATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME AS DEFINED UNDER IRC SECTIONS 511 THROUGH 515. FOR THE PERIOD ENDED DECEMBER 31, 2023, NO PROVISION FOR UNRELATED BUSINESS INCOME TAXES IS REQUIRED. THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31, 2023. THE ORGANIZATION, UNDER THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES, HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL AS OF DECEMBER 31, 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT FROM FISCAL SPONSOR EUROPE (INCLUDING ICELAND & GREENLAND) 0 5 PROGRAM SERVICES PHILANTHROPIC ADVISING 701419 0 5 0 0 0 5 701419 0 701419 0 0 0 0 0 0 X X X 0 0 0 0 0 0 0 1 0 JENNIFER KITT PRESIDENT 639412 0 0 0 18815 0 35458 0 20055 0 713740 0 0 0 ROBYNN STEFFEN EXECUTIVE VP, PHILANTHROPY 400913 0 20000 0 22644 0 25709 0 14364 0 483630 0 0 0 MARIA ATHENA R BALLESTEROS MD OF GLOBAL CLIMATE STRATEGIES 336431 0 0 0 5597 0 19820 0 19070 0 380918 0 0 0 JENNIFER MARLOW CHIEF COMMUNICATIONS OFFICER 288369 0 0 0 14618 0 17833 0 22292 0 343112 0 0 0 WHITNEY KOLLAR SENIOR PHILANTHROPY ADVISOR 280167 0 0 0 8523 0 16866 0 15083 0 320639 0 0 0 DANIELLE JENSEN DEPUTY MD OF PHILANTHROPY 290372 0 5000 0 4697 0 17282 0 596 0 317947 0 0 0 GIDEON BRESLER SENIOR PHILANTHROPY ADVISOR 187125 0 0 0 36711 0 16694 0 5059 0 245589 0 0 0 CHRISTOPHER KYRIACOU DIRECTOR, PRESIDENTS OFFICE 182339 0 5000 0 5991 0 11468 0 15147 0 219945 0 0 0 THOMAS DAMASSA ASSOCIATE DIRECTOR, GCS 181269 0 0 0 10681 0 11402 0 14835 0 218187 0 0 0 GAURAV VASHIST MD OF FINANCE, OP & PEOPLE 181231 0 0 0 5744 0 3997 0 12967 0 203939 0 0 0 PART I, LINE 7 ROBYNN STEFFEN, DANIELLE JENSEN, AND CHRISTOPHER KYRIACOU RECEIVED DISCRETIONARY BONUSES IN 2023. FORM 990, PART VII, LINE 5: PRIOR TO JULY 1, 2023, THE ORGANIZATION FUNCTIONED WITHIN A FISCAL SPONSORSHIP FRAMEWORK, MOST RECENTLY UNDER ROCKEFELLER PHILANTHROPY ADVISORS (RPA). FROM JANUARY 1, 2023 TO JUNE 30, 2023, THE INDIVIDUALS REPORTED ON PART VII RECEIVED COMPENSATION THROUGH RPA FOR SERVICES PROVIDED TO THE ORGANIZATION. EFFECTIVE JULY 1, 2023, THE INDIVIDUALS REPORTED ON PART VII BEGAN RECEIVING COMPENSATION FROM THE ORGANIZATION WHICH SPUN-OFF FROM RPA AS A SEPARATE SEC. 501(C)(3) ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED ON JUNE 22, 2023 TO SEPARATE THE ROLES OF PRESIDENT AND BOARD CHAIR. THE ARTICLES OF INCORPORATION WERE AMENDED ON MARCH 13, 2024 FOR THE NAME CHANGE FROM CLIMATE LEADERSHIP INITIATIVE, INC. TO CLIMATE LEAD, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND THEN REVIEWED BY THE ENTIRE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C CLIMATE LEAD'S POLICY GOVERNS CONFLICTS OF INTEREST THAT ARISE WHEN A STAFF MEMBER'S PERSONAL INTERESTS, OR THOSE OF THEIR FAMILY OR FRIENDS, RISK COMPROMISING THEIR JUDGMENT AND NEGATIVELY IMPACTING THE ORGANIZATION. WHILE NOT LIMITED TO THESE AREAS, THE POLICY EXPLICITLY ADDRESSES INTERACTING WITH ENTITIES IN COMPETITION WITH CLIMATE LEAD, TAKING EMPLOYMENT OUTSIDE CLIMATE LEAD, USING COMPANY EQUIPMENT FOR ANOTHER EMPLOYER, AND SERVING ON A BOARD OR IN AN ADVISORY ROLE TO ANOTHER ORGANIZATION. ALL MEMBERS ARE ASKED TO REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN IT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS IS RUN BY THE HR DEPARTMENT USING ANNUALLY BENCHMARKED MARKET DATA, OVERSEEN AND APPROVED BY THE PERSONNEL COMMITTEE OF THE BOARD AND SUPPORTED BY EXTERNAL HR CONSULTANTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 586,092. MANAGEMENT AND GENERAL EXPENSES 526,885. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,112,977. DESIGNER: PROGRAM SERVICE EXPENSES 71,516. MANAGEMENT AND GENERAL EXPENSES 4,831. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,347. HONORARIUM PAYMENTS FOR STRATEGIC ADVISORS: PROGRAM SERVICE EXPENSES 32,468. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,468.