PRIME COALITION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PRIME COALITION INC (EIN 46-4621007)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-31
- IRS object ID
- 202443059349301974
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-31T12:36:46-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 TIMES SQUARE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464621007 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRIME COALITION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRIM | BusinessNameControlTxt |
| Phone | 4046254884 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 MASSACHUSETTS AVENUE 2ND FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JULIE REMMELTS | PersonNm |
| Person Title | DIR. OF FINANCE AND OPERATIONS | PersonTitleTxt |
| Phone | 4046254884 | PhoneNum |
| Signature | 2024-10-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN LO | PreparerPersonNm |
| PTIN | P01434915 | PTIN |
| Phone | 2123721000 | PhoneNum |
| Preparation | 2024-10-31 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SARAH KEARNEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 MASSACHUSETTS AVENUE 2ND FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,932,163 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PRIMECOALITION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2014 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | UNLOCK CATALYTIC CAPITAL AND CHANGE THE FUTURE OF CLIMATE FINANCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Total Volunteers | 55 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,178,212 | PYContributionsGrantsAmt |
| CY Contributions Grants | $8,175,405 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $250,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $250,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $109 | PYInvestmentIncomeAmt |
| CY Investment Income | $587,461 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,053,890 | PYOtherRevenueAmt |
| CY Other Revenue | $919,297 | CYOtherRevenueAmt |
| PY Total Revenue | $11,482,211 | PYTotalRevenueAmt |
| CY Total Revenue | $9,932,163 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $250,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,365,485 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,479,828 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $279,131 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,297,245 | PYOtherExpensesAmt |
| CY Other Expenses | $7,812,001 | CYOtherExpensesAmt |
| PY Total Expenses | $6,662,730 | PYTotalExpensesAmt |
| CY Total Expenses | $10,541,829 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,819,481 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$609,666 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $108,161,828 | TotalAssetsBOYAmt |
| Total Assets EOY | $94,941,276 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $30,223,032 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $36,318,078 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $77,938,796 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $58,623,198 | NetAssetsOrFundBalancesEOYAmt |
| Mission | WE ENVISION A WORLD IN WHICH HUMANITY THRIVES WITHOUT THE THREAT OF CLIMATE CHANGE BY SUPPORTING PEOPLE, PROGRAMS, AND INNOVATIONS THAT CAN HELP SPARK, DEEPEN, OR ACCELERATE CLIMATE SOLUTIONS. WE SEEK TO FILL GAPS OR ENABLE OUTCOMES THAT ARE UNLIKELY WITHOUT OUR SUPPORT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,270,092 | ExpenseAmt |
| Grant | $250,000 | GrantAmt |
| Revenue | $1,169,297 | RevenueAmt |
| Desc | (A) CATALYTIC INVESTING: MOBILIZED OVER $315MM IN CATALYTIC CAPITAL IN PARTNERSHIP WITH 247 PHILANTHROPIC ORGS TO BACK 32 EARLY-STAGE VENTURES VIA PRIME IMPACT FUND & AZOLLA VENTURES. EACH VENTURE HOLDS THE PROMISE TO MITIGATE GIGATON-SCALE CO2-EQUIVALENT EMISSIONS BY 2050 WHEN DEPLOYED AT COMMERCIAL SCALE. A NEW PROGRAM, TRELLIS CLIMATE, AIMS TO ADDRESS SYSTEMIC CLIMATE CHANGE MITIGATION BARRIERS, ENABLING NOVEL CLIMATE SOLUTIONS TO ACHIEVE SCALE WITH SPEED. (B) IMPACT ACCOUNTABILITY: WORKS TO SUPPORT THE WHOLE FIELD OF EARLY-STAGE CLIMATE INVESTORS WITH FORWARD-LOOKING IMPACT ASSESSMENT & ACCOUNTABILITY TOOLS: CRANE, AN OPEN-SOURCE TOOL SUPPORTING "EMISSIONS REDUCTION POTENTIAL" CALCULATIONS; PROJECT FRAME, GALVANIZING INVESTORS AROUND CLIMATE IMPACT STANDARDS & BEST PRACTICES FOR ASSESSMENT. | Desc |
| Total Program Service Expenses | $9,270,092 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 51 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 21 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAICA ROLLIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4046254884 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 MASSACHUSETTS AVENUE 2ND FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| SARAH KEARNEY | |||||||||
| EXECUTIVE DIRECTOR | 45.00 | 0.00 | Yes (X) | Yes (X) | $278,065 | $0 | $28,111 | ||
| MARGOT BROWN | |||||||||
| DIRECTOR (AS OF 07/18/23) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LUBNA ELIA | |||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFF MCCARTHY | |||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALICIA SEIGER | |||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NICOLE SYSTROM | |||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GEOFF CHAPIN | |||||||||
| CHAIR/TREASURER | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| FIONA MURRAY | |||||||||
| SECRETARY | 0.50 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JULIE REMMELTS | |||||||||
| DIRECTOR OF FINANCE AND OPERATIONS | 45.00 | 0.00 | Yes (X) | $175,869 | $0 | $23,224 | |||
| LARA PIERPOINT - MANAGING DIR | |||||||||
| TRELLIS CLIMATE (AS OF 04/17/23) | 45.00 | 0.00 | $213,388 | $0 | $313 | Yes (X) | |||
| ANNA GOLDSTEIN | |||||||||
| DIRECTOR OF IMPACT | 45.00 | 0.00 | $194,258 | $0 | $683 | Yes (X) | |||
| KERI BROWDER | |||||||||
| DIRECTOR OF IMPACT ACCOUNTABILITY | 45.00 | 0.00 | $160,140 | $0 | $18,868 | Yes (X) | |||
| MARGARET CUTTS - DIR OF P'SHIPS | |||||||||
| (THRU 04/14/23) SR. ADVISOR, P'SHIPS | 30.00 | 0.00 | $234,556 | $0 | $2,747 | Yes (X) | |||
| EMILY LEWIS O'BRIEN - PRINCIPAL | |||||||||
| TRELLIS CLIMATE (AS OF 01/06/23) | 45.00 | 0.00 | $183,361 | $0 | $313 | Yes (X) | |||
| DON NELSON | |||||||||
| SENIOR MANAGER, CORP. PARTNERSHIPS | 45.00 | 0.00 | $153,203 | $0 | $28,892 | Yes (X) | |||
| MAICA ROLLIN | |||||||||
| SENIOR MANAGER, ACCOUNTING | 30.00 | 0.00 | $120,725 | $0 | $18,959 | Yes (X) | |||
| MARGARET LEE | |||||||||
| MANAGER, PARTNERSHIPS STRATEGY | 45.00 | 0.00 | $120,615 | $0 | $11,435 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,834,180 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $133,545 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| RHO IMPACT INC | ||||||||||
| 935 KING WILLIAM DRIVE | CHARLOTTESVILLE | VA | 22901 | SOFTWARE DEVELOPMENT AND PROJECT SUPPORT | $490,546 | |||||
| ALLIANCE FOR SUSTAINABLE ENERGY LLC | ||||||||||
| 15013 DENVER WEST PARKWAY | GOLDEN | CO | 80401 | CONTRACTOR | $271,200 | |||||
| LIONSPRIDE ASSISTANT LLC | ||||||||||
| 1202 IRVING ROAD | RANDOLPH | MA | 02368 | EXECUTIVE ASSISTANCE | $238,233 | |||||
| RSM US LLP | ||||||||||
| 80 CITY SQUARE | BOSTON | MA | 02129 | AUDITOR/TAX PREP | $185,880 | |||||
| KELSEY LITWIN | ||||||||||
| CONTRACTOR | $103,500 | 119 3E AVENUE | VERDUN | QUEBEC | CA | H4G 2X1 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $8,175,405 | AllOtherContributionsAmt |
| Total Contributions | $8,175,405 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICES | Desc |
| Business | 541900 | BusinessCd |
| Total Revenue Column | $250,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $250,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $250,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $587,461 | TotalRevenueColumnAmt |
| Exclusion | $587,461 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MANAGEMENT FEE INCOME | Desc |
| Business | 541610 | BusinessCd |
| Total Revenue Column | $919,297 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $919,297 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $919,297 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,932,163 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,169,297 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $587,461 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,000 | TotalAmt |
| Program Services | $250,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,092,200 | TotalAmt |
| Program Services | $740,536 | ProgramServicesAmt |
| Management And General | $297,483 | ManagementAndGeneralAmt |
| Fundraising | $54,181 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,128,218 | TotalAmt |
| Program Services | $943,035 | ProgramServicesAmt |
| Management And General | $107,802 | ManagementAndGeneralAmt |
| Fundraising | $77,381 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,353 | TotalAmt |
| Program Services | $75,665 | ProgramServicesAmt |
| Management And General | $12,128 | ManagementAndGeneralAmt |
| Fundraising | $7,560 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,057 | TotalAmt |
| Program Services | $127,329 | ProgramServicesAmt |
| Management And General | $27,629 | ManagementAndGeneralAmt |
| Fundraising | $9,099 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,431 | TotalAmt |
| Program Services | $22,438 | ProgramServicesAmt |
| Management And General | $1,993 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,615 | TotalAmt |
| Program Services | $54,329 | ProgramServicesAmt |
| Management And General | $110,488 | ManagementAndGeneralAmt |
| Fundraising | $798 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $836,380 | TotalAmt |
| Program Services | $836,380 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,087,043 | TotalAmt |
| Program Services | $1,704,641 | ProgramServicesAmt |
| Management And General | $268,662 | ManagementAndGeneralAmt |
| Fundraising | $113,740 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,728 | TotalAmt |
| Program Services | $32,728 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,291 | TotalAmt |
| Program Services | $122,291 | ProgramServicesAmt |
| Management And General | $31,001 | ManagementAndGeneralAmt |
| Fundraising | $4,999 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,154 | TotalAmt |
| Program Services | $74,365 | ProgramServicesAmt |
| Management And General | $17,848 | ManagementAndGeneralAmt |
| Fundraising | $6,941 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $301,308 | TotalAmt |
| Program Services | $187,982 | ProgramServicesAmt |
| Management And General | $110,065 | ManagementAndGeneralAmt |
| Fundraising | $3,261 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,495 | TotalAmt |
| Program Services | $3,921 | ProgramServicesAmt |
| Fundraising | $574 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,075,061 | TotalAmt |
| Program Services | $4,075,061 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,784 | TotalAmt |
| Program Services | $7,381 | ProgramServicesAmt |
| Management And General | $1,806 | ManagementAndGeneralAmt |
| Fundraising | $597 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUES & SUBSCRIPTIONS | Desc |
| Total | $17,711 | TotalAmt |
| Program Services | $12,010 | ProgramServicesAmt |
| Management And General | $5,701 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,541,829 | TotalAmt |
| Program Services | $9,270,092 | ProgramServicesAmt |
| Management And General | $992,606 | ManagementAndGeneralAmt |
| Fundraising | $279,131 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,194,948 | BOYAmt |
| EOY | $34,258,326 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,628,576 | BOYAmt |
| EOY | $771,856 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,321,456 | BOYAmt |
| EOY | $59,877,435 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,848 | BOYAmt |
| EOY | $33,659 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,161,828 | BOYAmt |
| EOY | $94,941,276 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $523,019 | BOYAmt |
| EOY | $134,767 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,700,013 | BOYAmt |
| EOY | $36,183,311 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,223,032 | BOYAmt |
| EOY | $36,318,078 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,424,954 | BOYAmt |
| EOY | $33,327,063 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,513,842 | BOYAmt |
| EOY | $25,296,135 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,938,796 | BOYAmt |
| EOY | $58,623,198 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,161,828 | BOYAmt |
| EOY | $94,941,276 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$609,666 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$18,705,932 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,456,933 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,554,517 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,737,565 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,178,212 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,175,405 | CurrentTaxYearAmt |
| Total | $53,102,632 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,456,933 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,554,517 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,737,565 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,178,212 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,175,405 | CurrentTaxYearAmt |
| Total | $53,102,632 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $10,926,060 | SubstantialContributorsTotAmt |
| Public Support Total170 | $42,176,572 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $4 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $49,208 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $109 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $587,461 | CurrentTaxYearAmt |
| Total | $636,782 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $53,739,414 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $5,730,554 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.78480 | PublicSupportCY170Pct |
| Public Support PY170 | 0.72260 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN PRIME IMPACT EQUITY FUND I, LLC | $55,629,667 | C |
| INVESTMENT IN AZOLLA VENTURES CATALYTIC FUND I, LP | $4,234,444 | F |
| INVESTMENT IN AZOLLA VENTURES GP, LP | $13,324 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $59,877,435 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| INTEREST PAYABLE | $10,116,113 |
| MASTER FUNDING AGREEMENT LOANS | $15,750,000 |
| PROGRAM RELATED INVESTMENT LOAN INTEREST PAYABLE | $1,475,531 |
| PROGRAM RELATED INVESTMENT LOAN PAYABLE | $8,841,667 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $36,183,311 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION FOLLOWS ACCOUNTING STANDARDS RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT ASSESSED WHETHER THERE WERE ANY UNCERTAIN TAX POSITIONS WHICH MAY GIVE RISE TO INCOME TAX LIABILITIES AND DETERMINED THAT THERE WERE NO SUCH MATTERS REQUIRING RECOGNITION IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THREE YEARS FROM THE FILING DATE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 485 BROADWAY MAIL CODE 8838 | AddressLine1Txt |
| City | REDWOOD CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94063 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 941156365 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $250,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Purpose Of Grant | DEMAND FLEXIBILITY PROJECT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | A SCOPE OF WORK SETS FORTH THE KEY REPORTS, DELIVERABLES, AND MEETING PARAMETERS TO MONITOR USE OF GRANT FUNDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SARAH KEARNEY | ||||||||||||||
| EXECUTIVE DIRECTOR | $276,715 | $0 | $0 | $0 | $1,350 | $0 | $0 | $0 | $28,111 | $0 | $306,176 | $0 | $0 | $0 |
| MARGARET CUTTS - DIR OF P'SHIPS | ||||||||||||||
| (THRU 04/14/23) SR. ADVISOR, P'SHIPS | $234,056 | $0 | $0 | $0 | $500 | $0 | $0 | $0 | $2,747 | $0 | $237,303 | $0 | $0 | $0 |
| LARA PIERPOINT - MANAGING DIR | ||||||||||||||
| TRELLIS CLIMATE (AS OF 04/17/23) | $211,538 | $0 | $0 | $0 | $1,850 | $0 | $0 | $0 | $313 | $0 | $213,701 | $0 | $0 | $0 |
| JULIE REMMELTS | ||||||||||||||
| DIRECTOR OF FINANCE AND OPERATIONS | $174,519 | $0 | $0 | $0 | $1,350 | $0 | $0 | $0 | $23,224 | $0 | $199,093 | $0 | $0 | $0 |
| ANNA GOLDSTEIN | ||||||||||||||
| DIRECTOR OF IMPACT | $192,908 | $0 | $0 | $0 | $1,350 | $0 | $0 | $0 | $683 | $0 | $194,941 | $0 | $0 | $0 |
| EMILY LEWIS O'BRIEN - PRINCIPAL | ||||||||||||||
| TRELLIS CLIMATE (AS OF 01/06/23) | $181,561 | $0 | $0 | $0 | $1,800 | $0 | $0 | $0 | $313 | $0 | $183,674 | $0 | $0 | $0 |
| DON NELSON | ||||||||||||||
| SENIOR MANAGER, CORP. PARTNERSHIPS | $151,903 | $0 | $0 | $0 | $1,300 | $0 | $0 | $0 | $28,892 | $0 | $182,095 | $0 | $0 | $0 |
| KERI BROWDER | ||||||||||||||
| DIRECTOR OF IMPACT ACCOUNTABILITY | $158,990 | $0 | $0 | $0 | $1,150 | $0 | $0 | $0 | $18,868 | $0 | $179,008 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S DIRECTOR OF FINANCE AND OPERATIONS REVIEWS ALL THE LINE ITEMS ON THE FORM 990. ONCE THE FORM 990 IS COMPLETE AND ACCURATE AN ELECTRONIC VERSION OF THE FORM 990 IS MAILED TO EACH BOARD MEMBER FOR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | PRIME'S CONFLICT OF INTEREST POLICY STATES THAT DISCLOSURE MUST OCCUR WHENEVER ANY DIRECTOR, OFFICER, COMMITTEE MEMBER, OR EMPLOYEE OF THE CORPORATION BECOMES AWARE THAT THE CORPORATION IS CONSIDERING A TRANSACTION THAT POTENTIALLY CREATES A CONFLICT OF INTEREST. THE INDIVIDUAL IS OBLIGATED TO NOTIFY THE BOARD OR RELEVANT COMMITTEE AND TO DISCLOSE ALL MATERIAL FACTS RELATING TO THE INTEREST IN THE TRANSACTION. THE BOARD OR COMMITTEE WILL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS AND TAKE ACTION THAT IT DEEMS APPROPRIATE. THE INTERESTED PERSON MAY NOT BE PRESENT WHEN THE BOARD OR COMMITTEE MAKES ITS DETERMINATION OTHER THAN TO ANSWER QUESTIONS. IF NO CONFLICT OF INTEREST IS FOUND TO EXIST, THE MINUTES OF THE MEETING MUST RECORD THE BASIS OF THE BOARD'S OR COMMITTEE'S DETERMINATION. IF THE BOARD OR RELEVANT COMMITTEE DETERMINES THAT A TRANSACTION WOULD CREATE A CONFLICT OF INTEREST, THE TRANSACTION MUST BE APPROVED IN ADVANCE BY ONLY THOSE BOARD OR COMMITTEE MEMBERS WHO DO NOT HAVE A CONFLICT WITH RESPECT TO THE TRANSACTION. ANY INTERESTED PERSON THEREFORE MUST RECUSE THEMSELF FROM CONSIDERATION OF THE TRANSACTION AND MAY NOT VOTE ON THE TRANSACTION OR BE PRESENT WHEN THE VOTE IS TAKEN. FURTHERMORE, THE INTERESTED PERSON MAY NOT BE PRESENT DURING ANY DISCUSSION OF THE TRANSACTION OTHER THAN TO ANSWER QUESTIONS, AND MUST REFRAIN FROM USING THEIR PERSONAL INFLUENCE TO ENCOURAGE THE CORPORATION TO ENTER INTO THE TRANSACTION. IF THE BOARD OR RELEVANT COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THEM AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE INTERESTED PERSON HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL TAKE APPROPRIATE ACTION WHICH MAY INCLUDE RECOMMENDATION TO THE BOARD FOR REMOVAL FROM THE BOARD OR TERMINATION OF EMPLOYMENT, AS WELL AS RECONSIDERATION OF WHETHER THE TRANSACTION OR ARRANGEMENT WAS IN THE BEST INTERESTS OF AND FAIR AND REASONABLE TO THE CORPORATION AT THE TIME IT WAS UNDERTAKEN. IF IT IS DETERMINED THAT THE TRANSACTION WAS NOT FAIR AND REASONABLE TO THE CORPORATION, THE CORPORATION, IN ITS DISCRETION, MAY VOID THE CONTRACT AND/OR REQUIRE THE INTERESTED PERSON TO RESTORE THE CORPORATION TO THE FINANCIAL POSITION IT WOULD HAVE BEEN IN IF SUCH PERSON HAD BEEN DEALING UNDER THE HIGHEST FIDUCIARY STANDARD. WHERE THE LATTER REMEDY IS EMPLOYED, THE INTERESTED PERSON WILL BE REQUIRED TO MAKE PAYMENTS OF CASH OR PROPERTY TO THE CORPORATION IN AMOUNTS EQUAL TO THE VALUE OF THE EXCESS BENEFIT HE OR SHE RECEIVED PLUS INTEREST. ANY INTERESTED PERSON WHO VIOLATES THIS POLICY ALSO MAY BE LIABLE FOR TAXES IMPOSED UNDER THE FEDERAL INTERMEDIATE SANCTIONS REGULATIONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF ALL OFFICERS IS DETERMINED BY THE INDEPENDENT VOTING MEMBERS OF THE BOARD ON AN ANNUAL BASIS. THE ORGANIZATION USES COMPARABILITY DATA FROM FORMS 990 OF SIMILARLY SITUATED ORGANIZATIONS AND MARKET ANALYSIS UTILIZING A RANGE OF REPUTABLE SOURCES FOR COMPENSATION SURVEYS. THESE SURVEYS DEPEND ON PARTICIPATING ORGANIZATIONS TO ALIGN THEIR JOB ROLES WITH PREDEFINED SURVEY JOB DESCRIPTIONS AND TO SUBMIT CORRESPONDING SALARY DATA. FOR MARKET BENCHMARKING, THE ORGANIZATION MATCHES ITS JOB ROLES TO THOSE IN THE SURVEYS THROUGH A DETAILED ANALYSIS OF JOB-SPECIFIC ATTRIBUTES, INCLUDING RESPONSIBILITIES, SKILLS, AND QUALIFICATIONS. IN DETERMINING THE COMPENSATION, THE ORGANIZATION SUBSTANTIATES THE DECISIONS MADE BY THE INDEPENDENT VOTING MEMBERS OF THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION'S FORM 990 WITHOUT SCHEDULE B IS LOCATED ON PROPUBLICA AND THE IRS TAX EXEMPT ORGANIZATION SEARCH PLATFORM. UPON REQUEST, THE ORGANIZATION WILL SEND ELECTRONICALLY OR MAIL A COPY OF THE FORM 1023 OR A PUBLIC DISCLOSURE COPY OF FORM 990 TO THE REQUESTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND ITS CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 3,772. MANAGEMENT AND GENERAL EXPENSES 28,093. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,865. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 15,872. MANAGEMENT AND GENERAL EXPENSES 3,463. FUNDRAISING EXPENSES 1,032. TOTAL EXPENSES 20,367. SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 1,684,874. MANAGEMENT AND GENERAL EXPENSES 237,106. FUNDRAISING EXPENSES 112,708. TOTAL EXPENSES 2,034,688. OTHER: PROGRAM SERVICE EXPENSES 123. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 123. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| PRIME IMPACT LOAN FUND I LLC | |||||||||
| 625 MASSACHUSETTS AVENUE 2ND FLOOR | CAMBRIDGE | MA | 02139 | 831885728 | CHARITABLE - PROGRAM RELATED INVESTMENT ACTIVITY | MA | $0 | $55,629,886 | PRIME COALITION INC |
| PRIME MANAGEMENT COMPANY I LLC | |||||||||
| 625 MASSACHUSETTS AVENUE 2ND FLOOR | CAMBRIDGE | MA | 02139 | 832381434 | CHARITABLE - MANAGEMENT ACTIVITY | MA | $923,164 | $376,790 | PRIME COALITION INC |
| PRIME MANAGEMENT COMPANY II LLC | |||||||||
| 625 MASSACHUSETTS AVENUE 2ND FLOOR | CAMBRIDGE | MA | 02139 | 992098830 | CHARITABLE - MANAGEMENT ACTIVITY | MA | $0 | $0 | PRIME COALITION INC |
| TRELLIS CLIMATE FUND I LLC | |||||||||
| 625 MASSACHUSETTS AVENUE 2ND FLOOR | CAMBRIDGE | MA | 02139 | 992084468 | CHARITABLE - PROGRAM RELATED INVESTMENT ACTIVITY | MA | $0 | $0 | PRIME COALITION INC |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PRIME IMPACT EQUITY FUND I LLC | |||||||||||||
| 625 MASSACHUSETTS AVENUE 2ND FLOOR | CAMBRIDGE | MA | 02139 | 831823073 | INVESTMENT | MA | PRIME IMPACT LOAN FUND I LLC | RELATED | $239,779 | $27,146,601 | 0 | Yes (1) | 0.62450 |
| AZOLLA VENTURES CATALYTIC FUND I LP | |||||||||||||
| 625 MASSACHUSETTS AVENUE 2ND FLOOR | CAMBRIDGE | MA | 02139 | 863738720 | INVESTMENT | MA | AZOLLA VENTURES GP LP | RELATED | $28,419 | $4,518,582 | 0 | Yes (1) | 0.44080 |
| AZOLLA VENTURES GP LP | |||||||||||||
| 625 MASSACHUSETTS AVENUE 2ND FLOOR | CAMBRIDGE | MA | 02139 | 863706917 | INVESTMENT | MA | PRIME COALITION INC | RELATED | $360 | $13,852 | 0 | 0 | 0.51340 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| AZOLLA VENTURES CATALYTIC FUND I LP | ||
| B | $2,606,268 | FMV |
| PRIME IMPACT EQUITY FUND I LLC | ||
| B | $650,000 | FMV |
| PRIME IMPACT EQUITY FUND I LLC | ||
| L | $919,297 | FMV |