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CLIMATE BREAKTHROUGH INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CLIMATE BREAKTHROUGH INC (EIN 88-0587390)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-13
IRS object ID
202433189349310833
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-13T18:12:57-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN881478669PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11899 L STREET NW 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN880587390EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CLIMATE BREAKTHROUGH INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCLIMBusinessNameControlTxt
Phone5102244184PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12625 ALCATRAZ AVE 116AddressLine1Txt
CityBERKELEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94705ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRACHEL FERGUSONPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5102244184PhoneNum
Signature2024-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAARON M FOXPreparerPersonNm
PTINP01365820PTIN
Phone2022274000PhoneNum
Preparation2024-11-08PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRACHEL FERGUSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12625 ALCATRAZ AVE 116AddressLine1Txt
CityBERKELEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94705ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$54,540,237GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CLIMATEBREAKTHROUGH.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2022FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionCLIMATE BREAKTHROUGH IS A GLOBAL PHILANTHROPY SUPPORTING AMBITIOUS AND TRANSFORMATIVE CLIMATE ACTIONActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$12,000,000PYContributionsGrantsAmt
CY Contributions Grants$54,539,466CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$771CYOtherRevenueAmt
PY Total Revenue$12,000,000PYTotalRevenueAmt
CY Total Revenue$54,540,237CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$15,976,344CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$684,746PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,855,904CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$174,808CYTotalFundraisingExpenseAmt
PY Other Expenses$173,164PYOtherExpensesAmt
CY Other Expenses$1,216,030CYOtherExpensesAmt
PY Total Expenses$857,910PYTotalExpensesAmt
CY Total Expenses$19,048,278CYTotalExpensesAmt
PY Revenues Less Expenses$11,142,090PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$35,491,959CYRevenuesLessExpensesAmt
Total Assets BOY$11,188,925TotalAssetsBOYAmt
Total Assets EOY$55,924,205TotalAssetsEOYAmt
Total Liabilities BOY$46,835TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,290,156TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,142,090NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$46,634,049NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCLIMATE BREAKTHROUGH WORKED WITH OUR NETWORK OF SCOUTS AROUND THE GLOBE TO IDENTIFY POTENTIAL AWARDEES AND PROVIDE GRANTS IN SUPPORT OF LARGE-SCALE CLIMATE MITIGATION STRATEGIES. CLIMATE BREAKTHROUGH SUPPORTED AWARDEES WITH CAPACITY BUILDING SERVICES, INCLUDING THOSE FOCUSED ON IMPACT AND LEARNING, ORGANIZATIONAL DEVELOPMENT, AND EXECUTIVE COACHING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$17,890,373ExpenseAmt
Grant$15,976,344GrantAmt
DescCLIMATE BREAKTHROUGH WORKED WITH OUR NETWORK OF SCOUTS AROUND THE GLOBE TO IDENTIFY POTENTIAL GRANTEES AND ULTIMATELY AWARDED THREE GRANTS IN SUPPORT OF LARGE-SCALE CLIMATE MITIGATION STRATEGIES. CLIMATE BREAKTHROUGH SUPPORTED GRANTEES WITH CAPACITY BUILDING SERVICES, INCLUDING THOSE FOCUSED ON IMPACT AND LEARNING, ORGANIZATIONAL DEVELOPMENT, AND EXECUTIVE COACHING.Desc
Total Program Service Expenses$17,890,373TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee13EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DAWN BICKETTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5102244184PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12625 ALCATRAZ AVE 116AddressLine1Txt
CityBERKELEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94705ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
WALT REID
CHAIR1.00Yes (X)Yes (X)$0$0$0
DANA BOURLAND
SECRETARY1.00Yes (X)Yes (X)$0$0$0
CHELSEA HILLARD
TREASURER (AS OF 12/2023)1.00Yes (X)Yes (X)$0$0$0
STEPHANIE JONES
DIRECTOR1.00Yes (X)$0$0$0
LIZ MCKEON
DIRECTOR1.00Yes (X)$0$0$0
TESSA KHAN
DIRECTOR1.00Yes (X)$0$0$0
BILHA NDIRANGU
DIRECTOR1.00Yes (X)$0$0$0
JESS AYERS
DIRECTOR1.00Yes (X)$0$0$0
CRESSIDA POLLOCK
TREASURER (UNTIL 10/2023)1.00Yes (X)Yes (X)$0$0$0
RACHEL A FERGUSON
EXECUTIVE DIRECTOR31.50Yes (X)$150,843$0$25,248
DAWN BICKETT
DIRECTOR, OPS AND STRATEGY35.00Yes (X)$149,456$0$28,103
ALEXANDRA WANG
DIRECTOR, PROGRAMS31.50$165,890$0$17,866Yes (X)
JESSICA ROSALYN GALERIA
DIRECTOR,PHILANTHROPY P'SHIPS35.00$149,890$0$9,958Yes (X)
TASHIE SLOLEY
SENIOR GRANTS MGR35.00$135,793$0$17,637Yes (X)
ROBIN BECK
SENIOR PORTFOLIO MGR26.00$129,911$0$7,795Yes (X)
OLIVIA DEICH
DIRECTOR, IMPACT & LEARNING31.50$119,457$0$7,654Yes (X)
MICHAELA KOKE
MANAGER OF CANDIDATES/PARTNERSHIPS35.00$110,569$0$17,426Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,111,809TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$131,687TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K8IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARCUM LLPBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11899 L STREET NW 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
ServicesACCOUNTING/TAX SERVICESServicesDesc
Compensation$135,559CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$54,539,466AllOtherContributionsAmt
Total Contributions$54,539,466TotalContributionsAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$771TotalRevenueColumnAmt
Exclusion$771ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$771OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$54,540,237TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$771ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,690,611TotalAmt
Program Services$5,690,611ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$10,285,733TotalAmt
Program Services$10,285,733ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$537,406TotalAmt
Program Services$298,582ProgramServicesAmt
Management And General$185,996ManagementAndGeneralAmt
Fundraising$52,828FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,063,466TotalAmt
Program Services$783,388ProgramServicesAmt
Management And General$202,380ManagementAndGeneralAmt
Fundraising$77,698FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$58,308TotalAmt
Program Services$43,370ProgramServicesAmt
Management And General$10,766ManagementAndGeneralAmt
Fundraising$4,172FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$81,247TotalAmt
Program Services$65,903ProgramServicesAmt
Management And General$10,149ManagementAndGeneralAmt
Fundraising$5,195FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$115,477TotalAmt
Program Services$79,039ProgramServicesAmt
Management And General$27,156ManagementAndGeneralAmt
Fundraising$9,282FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$158,933TotalAmt
Program Services$3,247ProgramServicesAmt
Management And General$155,686ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$150,471TotalAmt
Management And General$150,471ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$619,009TotalAmt
Program Services$481,220ProgramServicesAmt
Management And General$129,514ManagementAndGeneralAmt
Fundraising$8,275FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$422TotalAmt
Management And General$422ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$43,152TotalAmt
Management And General$43,152ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$58,498TotalAmt
Program Services$27,837ProgramServicesAmt
Management And General$20,000ManagementAndGeneralAmt
Fundraising$10,661FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$121,912TotalAmt
Program Services$108,883ProgramServicesAmt
Management And General$7,933ManagementAndGeneralAmt
Fundraising$5,096FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,376TotalAmt
Management And General$2,376ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,118TotalAmt
Management And General$5,118ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PAYROLL FEES$25,994$16,194$8,199$1,601
TELECOMMUNICATION$25,889$5,224$20,665
MISCELLANEOUS$3,826$1,142$2,684
BUSINESS LICENSES$430$430

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$19,048,278TotalAmt
Program Services$17,890,373ProgramServicesAmt
Management And General$983,097ManagementAndGeneralAmt
Fundraising$174,808FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,164,571BOYAmt
EOY$23,969,260EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,000,000BOYAmt
EOY$31,872,364EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$1,164EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$10,000BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$75,970LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,376LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,354BOYAmt
EOY$73,594EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,000BOYAmt
EOY$7,823EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,188,925BOYAmt
EOY$55,924,205EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$46,835BOYAmt
EOY$150,956EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$9,139,200EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$46,835BOYAmt
EOY$9,290,156EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,142,090BOYAmt
EOY$14,176,671EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,000,000BOYAmt
EOY$32,457,378EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,142,090BOYAmt
EOY$46,634,049EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,188,925BOYAmt
EOY$55,924,205EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$35,491,959ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$12,000,000CurrentTaxYearMinus1YearAmt
Current Tax Year$54,539,466CurrentTaxYearAmt
Total$66,539,466TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$12,000,000CurrentTaxYearMinus1YearAmt
Current Tax Year$54,539,466CurrentTaxYearAmt
Total$66,539,466TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$51,668,441SubstantialContributorsTotAmt
Public Support Total170$14,871,025PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$771CurrentTaxYearAmt
Total$771TotalAmt
FieldValueIRS element (for citing)
Total Support$66,540,237TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:OTHER INCOME - CREDIT CARD REWARDS
SCHEDULE A, PART II:CLIMATE BREAKTHROUGH, INC. WAS LEGALLY INCORPORATED ON JANUARY 12, 2022, AND AS SUCH THE 2022 COLUMN OF THE PUBLIC SUPPORT TEST HERE REPRESENTS THE PERIOD JANUARY 12 TO DECEMBER 31, 2022.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$75,970OtherCostOrOtherBasisAmt
Depreciation$2,376DepreciationAmt
Book Value$73,594BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$73,594TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$54,540,237TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$54,540,237RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$54,540,237TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$19,048,278TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$19,048,278ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$19,048,278TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationFOR THE YEAR ENDED DECEMBER 31, 2023, NO PROVISION FOR UNRELATED BUSINESS INCOME TAXES IS REQUIRED. CLIMATE BREAKTHROUGH HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31, 2023. CLIMATE BREAKTHROUGH, UNDER THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL AS OF DECEMBER 31, 2023.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
EAST ASIA & THE PACIFIC00GRANTMAKING$911,619
EUROPE (INCLUDING ICELAND & GREENLAND)00GRANTMAKING$4,798,705
NORTH AMERICA (WHICH INCLUDES CANADA AND MEXICO, BUT NOT THE U.S.)00GRANTMAKING$900,000
SOUTH AMERICA00GRANTMAKING$2,672,529
SOUTH ASIA00GRANTMAKING$252,880
SUB-SAHARAN AFRICA00GRANTMAKING$750,000
NORTH AMERICA00PROGRAM SERVICES$98,810AWARDEE RETREAT AND MEETINGS
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$10,384,543SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$10,384,543TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (11 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATESTO ADDRESS DEFORESTATION THROUGH RENEWABLE RESOURCES.$900,000E-PAYMENT$0
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMTO BUILD CLIMATE RESILIENCE IN VULNERABLE REGIONS.$1,800,000E-PAYMENT$0
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMTO SUPPORT RENEWABLE ENERGY IN EUROPE.$2,629,060E-PAYMENT$0
SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,TO SUPPORT SOLUTIONS IN MOBILITY, AGRICULTURE, AND LAND RESTORATION.$252,880E-PAYMENT$0
SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,TO SUPPORT CLIMATE LEADERSHIP DEVELOPMENT.$2,672,529E-PAYMENT$0
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMTO SUPPORT RENEWABLE ENERGY ACCESS IN DEVELOPING COUNTRIES.$67,031E-PAYMENT$0
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,TO SUPPORT SUSTAINABLE ECONOMIC PRACTICES IN INDONESIA.$300,000E-PAYMENT$0
SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,TO SUPPORT RENEWABLE ENERGY APPROACHES IN AFRICA.$750,000E-PAYMENT$0
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMTO SUPPORT AN EQUITABLE ENERGY TRANSITION IN THE UNITED KINGDOM.$302,614E-PAYMENT$0
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,TO SUPPORT ENERGY TRANSITION SOLUTIONS IN VIETNAM.$211,176E-PAYMENT$0
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,TO SUPPORT SUSTAINABLE ECONOMIC DEVELOPMENT IN INDONESIA.$400,000E-PAYMENT$0
FieldValueIRS element (for citing)
Total501c3 Org9Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationBEFORE GRANTING TO A NON-U.S. BASED ORGANIZATION, CLIMATE BREAKTHROUGH REQUIRES DOCUMENTATION CONFIRMING AND DESCRIBING THE ORGANIZATION'S LEGAL STATUS, PURPOSE AND MISSION, AND CAPACITY TO CARRY OUT THE GRANT PURPOSES. CLIMATE BREAKTHROUGH REQUIRES ALL GRANTEES TO SIGN A WRITTEN GRANT AGREEMENT GOVERNING USE OF THE GRANT FUNDS, INCLUDING REQUIRING GRANT FUNDS TO BE USED EXCLUSIVELY FOR CHARITABLE PURPOSES. DURING THE GRANT PERIOD, WE HAVE QUARTERLY MEETINGS TO COLLECT INFORMATION FROM GRANTEES REGARDING THEIR ACTIVITIES AND USE OF GRANT FUNDS. WE ALSO COLLECT AND REVIEW ANNUAL FINANCIAL REPORTS TO ENSURE THE USE OF OUR GRANT FUNDS COMPLY WITH THE TERMS OF THE GRANT AGREEMENT.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
DALBERG CATALYST
1401 K STREET NW 900WASHINGTONDC20005812108637501(C)(3)$2,656,648$0TO SUPPORT SUSTAINABLE ECONOMIC SOLUTIONS IN AFRICA.
EMERALD CITIES COLLABORATIVE INC
1140 CONNECTICUT AVENUE NWWASHINGTONDC20036270920269501(C)(3)$2,633,963$0TO SUPPORT CULTURAL SOLUTIONS TO DE-CARBONIZATION.
BOLD EDUCATION FUND
PO BOX 254HASTINGSNE68902455369198501(C)(3)$300,000$0GENERAL OPERATING SUPPORT
NC STATE NATURAL RESOURCES FOUNDATION
NCSU BOX 7207RALEIGHNC27695560653350501(C)(3)$100,000$0TO SUPPORT RESEARCH ASSESSING THE SUSTAINABILITY AND CARBON FOOTPRINT OF CONVENTIONAL AND ALTERNATIVE FIBERS.
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationBEFORE GRANTING TO U.S.-BASED ORGANIZATIONS, CLIMATE BREAKTHROUGH REQUIRES DOCUMENTATION CONFIRMING AND DESCRIBING THE ORGANIZATION'S LEGAL STATUS, PURPOSE AND MISSION, AND CAPACITY TO CARRY OUT THE GRANT PURPOSES. CLIMATE BREAKTHROUGH REQUIRES ALL GRANTEES TO SIGN A WRITTEN GRANT AGREEMENT GOVERNING USE OF THE GRANT FUNDS, INCLUDING REQUIRING GRANT FUNDS TO BE USED EXCLUSIVELY FOR CHARITABLE PURPOSES. DURING THE GRANT PERIOD, WE HAVE QUARTERLY MEETINGS TO COLLECT INFORMATION FROM GRANTEES REGARDING THEIR ACTIVITIES AND USE OF GRANT FUNDS. WE ALSO COLLECT AND REVIEW ANNUAL FINANCIAL REPORTS TO ENSURE THE USE OF OUR GRANT FUNDS COMPLY WITH THE TERMS OF THE GRANT AGREEMENT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ALEXANDRA WANG
DIRECTOR, PROGRAMS$165,890$0$0$0$0$0$10,411$0$7,455$0$183,756$0$0$0
DAWN BICKETT
DIRECTOR, OPS AND STRATEGY$149,456$0$0$0$0$0$9,275$0$18,828$0$177,559$0$0$0
RACHEL A FERGUSON
EXECUTIVE DIRECTOR$150,843$0$0$0$0$0$9,550$0$15,698$0$176,091$0$0$0
JESSICA ROSALYN GALERIA
DIRECTOR,PHILANTHROPY P'SHIPS$149,890$0$0$0$0$0$8,805$0$1,153$0$159,848$0$0$0
TASHIE SLOLEY
SENIOR GRANTS MGR$135,793$0$0$0$0$0$8,190$0$9,447$0$153,430$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationROBIN BECK RECEIVED A NON-FIXED, DISCRETIONARY BONUS DURING 2023.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY OUTSIDE TAX ACCOUNTANTS. THE FORM IS REVIEWED BY MANAGEMENT, AND THEN SENT TO ALL VOTING MEMBERS OF THE BOARD BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL INCOMING DIRECTORS AND OFFICERS. IT IS THEN PROVIDED ANNUALLY TO ALL INCUMBENT DIRECTORS AND OFFICERS. EACH OFFICER AND DIRECTOR ANNUALLY CONFIRMS THAT THEY UNDERSTAND AND WILL COMPLY WITH THE POLICY AND MUST PROVIDE THE FOLLOWING INFORMATION: (A) THE DIRECTOR OR OFFICER'S (OR A FAMILY MEMBER'S) OUTSIDE EMPLOYMENT OR CONSULTING WORK; (B) THE DIRECTOR OR OFFICER'S (OR A FAMILY MEMBER'S) BOARD MEMBERSHIP OR AFFILIATION WITH OTHER ORGANIZATIONS; AND (C) EACH ENTITY IN WHICH THE DIRECTOR OR OFFICER (OR FAMILY MEMBER) HAS DIRECTLY OR INDIRECTLY A 35% OWNERSHIP INTEREST. THE BOARD OF DIRECTORS DETERMINES IF AN ACTUAL OR APPARENT CONFLICT EXISTS AND IS RESPONSIBLE FOR ANY REQUIRED REVIEW AND ACTION. IN ALL CASES, THE CONFLICTED DIRECTORS MUST RECUSE THEMSELVES FROM VOTING ON MATTERS INVOLVING A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15ATHE ORGANIZATION ENGAGED AN OUTSIDE COMPENSATION EXPERT FIRM TO REVIEW COMPENSATION DATA FOR THE EXECUTIVE POSITIONS OF CLIMATE BREAKTHROUGH'S PEER ORGANIZATIONS. RESULTS OF THIS ANALYSIS WERE PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW, DISCUSSION, AND DOCUMENTATION. THE BOARD SET THE EXECUTIVE DIRECTOR'S COMPENSATION IN ALIGNMENT WITH THE COMPENSATION ANALYSIS. THIS PROCESS WAS LAST UNDERTAKEN ON MARCH 14, 2022.
FORM 990, PART VI, SECTION C, LINE 19CLIMATE BREAKTHROUGH MAKES ITS GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.