ENVIRONMENT NEXT INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ENVIRONMENT NEXT INC (EIN 20-0231609)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202333199349306538
- Schema version
- 2022v5.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T10:54:56-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 251644159 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROWN SCHULTZ SHERIDAN & FRITZ | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 205 EAST MAIN STREET | AddressLine1Txt |
| City | WESTMINSTER | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21157 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200231609 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENVIRONMENT NEXT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ENVI | BusinessNameControlTxt |
| Phone | 2402470630 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 853 MAIN STREET | AddressLine1Txt |
| City | EAST AURORA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14052 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERIC CARLSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2402470630 | PhoneNum |
| Signature | 2023-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ERIC | PersonFirstNm |
| Person Last | CARLSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WANDA K LYNN CPA | PreparerPersonNm |
| PTIN | P00726749 | PTIN |
| Phone | 4108763990 | PhoneNum |
| Preparation | 2023-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ERIC CARLSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 853 MAIN STREET | AddressLine1Txt |
| City | EAST AURORA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14052 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $31,963,258 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | ENVIRONMENTNEXT.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2003 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | REDUCING THE IMPACT OF CLIMATE CHANGE THROUGH REDUCTION OF CO2 EMISSIONS, ENVIRONMENTAL EDUCATION, RENEWABLE AND EFFICIENT ENERGY, AND FORESTRY PROJECTS FOR A CLEANER AND HEALTHIER ENVIRONMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $7,432,475 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,986,424 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $72,593 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $40,711 | CYProgramServiceRevenueAmt |
| PY Investment Income | $224,291 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,206,904 | CYInvestmentIncomeAmt |
| PY Other Revenue | $979,992 | PYOtherRevenueAmt |
| CY Other Revenue | $16,597,385 | CYOtherRevenueAmt |
| PY Total Revenue | $8,709,351 | PYTotalRevenueAmt |
| CY Total Revenue | $28,831,424 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $311,491 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,774,129 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $9,455,866 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $230,852 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,461,402 | PYOtherExpensesAmt |
| CY Other Expenses | $6,825,966 | CYOtherExpensesAmt |
| PY Total Expenses | $5,547,022 | PYTotalExpensesAmt |
| CY Total Expenses | $16,281,832 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,162,329 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,549,592 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $24,217,627 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,227,885 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,083,224 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,786,996 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $20,134,403 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $29,440,889 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THROUGH OCTOBER 2022, OUR MISSION IS TO REDUCE THE IMPACT OF CLIMATE CHANGE THROUGH THE REDUCTION OF CARBON DIOXIDE EMISSIONS, EDUCATE THE PUBLIC ABOUT THE ISSUES OF CLIMATE CHANGE, SUPPORT RENEWABLE ENERGY, ENERGY EFFICIENCY, AND FORESTRY PROJECTS, AND SEEK WAYS TO HAVE A CLEANER AND HEALTHIER ENVIRONMENT. AFTER THIS DATE, THE ORGANIZATION'S MISSION IS TO SUPPORT INDIVIDUALS, NONPROFITS AND BUSINESSES AROUND THE WORLD ON SOLUTIONS TO COMPLEX CLIMATE ISSUES. TO PROVIDE LEADERSHIP, OUTREACH AND COMMUNICATION SUPPORT, GRANTS, AND INVESTMENTS TO EMPOWER LEADERS AND THEIR IDEAS TO SOLVE OUR CLIMATE CRISIS. | MissionDesc |
| Significant New Program Srvc | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | Yes (true) | SignificantChangeInd |
| Expense | $15,002,498 | ExpenseAmt |
| Revenue | $43,203 | RevenueAmt |
| Desc | CARBONFUND.ORG FOUNDATION, INC. SUPPORTED THE REDUCTION OF CARBON OFFSETS, THE PLANTING OF TREES, IN ADDITION TO SUPPORTING NUMEROUS CARBONFREE CERTIFIED PRODUCTS, WATER RESTORATION CREDITS, AND RENEWABLE ENERGY CERTIFICATES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CARBONCO, A WHOLLY-OWNED SUBSIDIARY OF THE FOUNDATION, CONTINUED TO ADVISE AND ASSIST WITH THE IMPLEMENTATION OF FOUR REDD+ CARBON REDUCTION PROJECTS IN THE ACRE, BRAZIL, HELPING TO PRESERVE 750,000 ACRES, VERIFYING THE CARBON REDUCTIONS, ALONG WITH THE COMMUNITY AND BIODIVERSITY BENEFITS TO THE HIGHEST INTERNATIONAL STANDARDS, INCLUDING VCS AND CCBS WITH GOLD LEVEL DISTINCTION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $15,002,498 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | 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 | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | 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 | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BONNIE MOSCATO OUTSIDE ACCOUNTANT | PersonNm |
| Phone | 2402470630 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 853 MAIN STREET | AddressLine1Txt |
| City | EAST AURORA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14052 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ERIC CARLSON | |||||||
| PRESIDENT | 45.00 | Yes (X) | Yes (X) | $7,098,657 | $0 | $35,470 | |
| BRIAN MCFARLAND | |||||||
| SR. VP OF PR | 40.00 | $1,502,189 | $0 | $6,400 | Yes (X) | ||
| JARETT EMERT | |||||||
| VP OF PARTNE | 40.00 | $1,436,931 | $0 | $25,477 | Yes (X) | ||
| LINDA KELLY | |||||||
| VP OF PARTNE | 40.00 | $186,667 | $0 | $16,034 | Yes (X) | ||
| SUZANNE KAUFMAN | |||||||
| CFO/FINANCE | 29.00 | Yes (X) | $160,077 | $0 | $0 | ||
| MARK REES | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| W PAUL ROWLAND | |||||||
| CHAIRMAN | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| REED SPELLMAN | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $10,384,521 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $83,381 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| ARNOLD & PORTER KAYE SCHOLER LLP | |||||||
| 601 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20001 | LEGAL | $299,225 | ||
| THE ENVIRONMENTAL FINANCIAL | |||||||
| 4915 W 31ST AVE | DENVER | CO | 80212 | CONSULTING | $232,500 | CONSULTING GROUP LLC | |
| OSTRYA CONSERVATION INC | |||||||
| PO BOX 153 | SCOTTSVILLE | VA | 24590 | VERIFICATION | $179,500 | ||
| KLEINJOHNSON GROUP LLC | |||||||
| 923 15TH STREET NW | WASHINGTON | DC | 20005 | LOBBYING | $162,500 | SIXTH FLOOR | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $6,986,424 | AllOtherContributionsAmt |
| Noncash Contributions | $5,176 | NoncashContributionsAmt |
| Total Contributions | $6,986,424 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CARBONFREE PRODUCT FEES | Desc |
| Business | 519100 | BusinessCd |
| Total Revenue Column | $40,711 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $40,711 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $40,711 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $216,721 | TotalRevenueColumnAmt |
| Exclusion | $216,721 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $5,000,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $9,817 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $4,990,183 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,990,183 | TotalRevenueColumnAmt |
| Exclusion | $4,990,183 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $19,716,910 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $3,122,017 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,594,893 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $16,594,893 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $2,492 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,492 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,492 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,831,424 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $16,638,096 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $5,206,904 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,687,876 | TotalAmt |
| Program Services | $6,202,203 | ProgramServicesAmt |
| Management And General | $291,404 | ManagementAndGeneralAmt |
| Fundraising | $194,269 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,474,967 | TotalAmt |
| Program Services | $2,474,967 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,500 | TotalAmt |
| Program Services | $23,500 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,089 | TotalAmt |
| Program Services | $65,089 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,434 | TotalAmt |
| Program Services | $193,702 | ProgramServicesAmt |
| Management And General | $6,439 | ManagementAndGeneralAmt |
| Fundraising | $4,293 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $343,453 | TotalAmt |
| Management And General | $343,453 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,138 | TotalAmt |
| Management And General | $76,138 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,000 | TotalAmt |
| Program Services | $150,000 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,335 | TotalAmt |
| Management And General | $9,335 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $363,838 | TotalAmt |
| Program Services | $98,010 | ProgramServicesAmt |
| Management And General | $265,828 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,353 | TotalAmt |
| Program Services | $53,353 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,292 | TotalAmt |
| Management And General | $5,292 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,857 | TotalAmt |
| Program Services | $40,081 | ProgramServicesAmt |
| Management And General | $25,432 | ManagementAndGeneralAmt |
| Fundraising | $24,344 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,434 | TotalAmt |
| Program Services | $198 | ProgramServicesAmt |
| Management And General | $1,236 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,222 | TotalAmt |
| Program Services | $36,180 | ProgramServicesAmt |
| Management And General | $42 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,152 | TotalAmt |
| Management And General | $10,152 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPORT OF CARBON OFFSET | $4,214,162 | $4,214,162 | ||
| EXCISE TAXES | $1,451,053 | $1,451,053 | ||
| LICENSES AND PERMITS | $13,305 | $5,359 | $7,946 | |
| MISCELLANEOUS EXPENSES | $6,437 | $6,437 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,935 | TotalAmt |
| Management And General | $1,935 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,281,832 | TotalAmt |
| Program Services | $15,002,498 | ProgramServicesAmt |
| Management And General | $1,048,482 | ManagementAndGeneralAmt |
| Fundraising | $230,852 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,707,853 | BOYAmt |
| EOY | $88,562 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $11,695,802 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $379,187 | BOYAmt |
| EOY | $481,765 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,380,842 | BOYAmt |
| EOY | $1,411,835 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,129,409 | BOYAmt |
| EOY | $1,062,820 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,940 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,940 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $567 | BOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,574,297 | BOYAmt |
| EOY | $16,237,101 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,472 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $250,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,217,627 | BOYAmt |
| EOY | $31,227,885 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,083,224 | BOYAmt |
| EOY | $335,943 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,451,053 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,083,224 | BOYAmt |
| EOY | $1,786,996 | 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 | $17,853,501 | BOYAmt |
| EOY | $28,950,304 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,280,902 | BOYAmt |
| EOY | $490,585 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,134,403 | BOYAmt |
| EOY | $29,440,889 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,217,627 | BOYAmt |
| EOY | $31,227,885 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,549,592 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$3,153,917 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$89,189 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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 | $2,280,871 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,645,107 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,622,874 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,432,475 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,986,424 | CurrentTaxYearAmt |
| Total | $23,967,751 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,280,871 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,645,107 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,622,874 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,432,475 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,986,424 | CurrentTaxYearAmt |
| Total | $23,967,751 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,690,407 | SubstantialContributorsTotAmt |
| Public Support Total170 | $22,277,344 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $154,833 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $173,756 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $144,367 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $208,146 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $216,721 | CurrentTaxYearAmt |
| Total | $897,823 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,110 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $56,550 | CurrentTaxYearMinus2YearsAmt |
| Total | $64,660 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $24,930,234 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $37,866,441 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.89360 | PublicSupportCY170Pct |
| Public Support PY170 | 0.89760 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $150,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $150,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART II-B, LINE 1 | FormAndLineReferenceDesc |
| Explanation | CARBONFUND.ORG FOUNDATION, INC. WORKED WITH AN INDEPENDENT CONSULTING GROUP TO OBTAIN INSIGHT INTO LEGISLATION AND REGULATIONS REGARDING CARBON CREDITS AND ENVIRONMENTAL ISSUES. THE GROUP ALSO HAS HELPED THE ORGANIZATION COMMUNICATE ITS MESSAGE TO KEY DECISION MAKERS, IN TERMS OF PROMOTING CLIMATE CHANGE MITIGATION AND THE SPECIFIC ROLE CARBON REDUCTION CAN PLAY IN THE EFFORTS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,940 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,940 | DepreciationAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX PAYABLE | Desc |
| Amt | $1,451,053 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,451,053 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $28,831,424 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $28,831,424 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $28,831,424 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $19,524,938 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $3,243,106 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,243,106 | ExpensesNotReportedAmt |
| Expenses Subtotal | $16,281,832 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $16,281,832 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 4, PART XII, LINE 2D | FormAndLineReferenceDesc |
| Explanation | LOSS ON UNCOLLECTIBLE PLEDGES 89,189 UNREALIZED LOSS ON INVESTMENTS 3,153,917 | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | SOUTH AMERICA | RegionTxt |
| Employee | 1 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConductedTxt |
| Specific Services Provided | CARBON CREDIT PROD. | SpecificServicesProvidedTxt |
| Region Total Expenditures | $1,971,451 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Employees | 1 | SubtotalEmployeesCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Subtotal Spent | $1,971,451 | SubtotalSpentAmt |
| Total Spent | $1,971,451 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PAGE 1, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | SOUTH AMERICA 1,971,451 0 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | Yes (true) | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| ERIC CARLSON | |||||
| PRESIDENT | $413,507 | $6,685,150 | $12,200 | $23,270 | $7,134,127 |
| BRIAN MCFARLAND | |||||
| SR. VP OF PROJECTS | $247,264 | $1,254,925 | $6,400 | $1,508,589 | |
| JARETT EMERT | |||||
| VP OF PARTNERSHIPS | $204,182 | $1,232,749 | $8,360 | $17,117 | $1,462,408 |
| LINDA KELLY | |||||
| VP OF PARTNERSHIPS | $186,667 | $7,073 | $8,961 | $202,701 | |
| SUZANNE KAUFMAN | |||||
| CFO/FINANCE MANAGER | $60,077 | $100,000 | $160,077 | ||
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PAGE 1, PART I, LINE 6B | COMPENSATION CONTINGENT UPON NET EARNINGS OF CARBONCO, LLC, THE WHOLLY- OWNED, SINGLE-MEMBER LIMITED LIABILITY COMPANY OF THE ORGANIZATION (AND DISREGARDED FOR TAX PURPOSES). THE BOARD OF CARBONCO ADOPTED SHORT-TERM AND LONG-TERM INCENTIVE PLANS FOR THE PRESIDENT, EXECUTIVE VICE PRESIDENT OF CARBON PROJECTS & ORIGINATION, AND SENIOR VICE PRESIDENT OF CLIMATE STRATEGY & PARTNERSHIPS/CONSERVATION INVESTMENTS. AN INDEPENDENT COMPENSATION CONSULTANT, KORN FERRY, WAS ENGAGED TO PERFORM A COMPARABILITY STUDY AND COMPENSATION ANALYSIS AND DEVELOP AND RECOMMEND THESE PLANS FOR THE BOARD'S REVIEW AND APPROVAL. THE PLANS WERE DEVELOPED AND APPROVED BY THE BOARD TO ALIGN THE INTERESTS OF EMPLOYEES WITH CARBONCO'S BUSINESS PLAN TO SUPPORT THE TAX-EXEMPT PURPOSES OF THE ORGANIZATION, FOCUS ON THE LONG- TERM GROWTH AND PERFORMANCE OF CARBONCO'S BUSINESS, AND RETAIN KEY EMPLOYEES. IN APPROVING THE PLANS, CARBONCO FOLLOWED THE REBUTTABLE PRESUMPTION PROCEDURE DESCRIBED IN REGULATIONS SECTION 53.4958-6(C). |
| SCHEDULE J, PAGE 1, PART I, LINE 7 | ALL EMPLOYEES ARE ELIGIBLE TO RECEIVE BONUSES ANNUALLY. THESE BONUSES ARE DETERMINED BY THE PRESIDENT, WHILE THE PRESIDENT'S BONUS IS DETERMINED BY THE BOARD. |
| SCHEDULE J, PART III | THE FOLLOWING FIGURES REPRESENT AMOUNTS REPORTED ON SCHEDULE J WHICH WERE REIMBURSED BY CARBONCO, LLC, A DISREGARDED ENTITY OF CARBONFUND.ORG FOUNDATION, FOR RELATED WORK PERFORMED: ERIC CARLSON: BASE - 157,435; BONUS - 6,642,950 BRIAN MCFARLAND: BASE - 129,257; BONUS - 1,254,925 JARETT EMERT: BASE - 48,691; BONUS - 1,217,979 SUZANNE KAUFMAN: BASE - 4,619; BONUS - 100,000 THE ORGANIZATION ENGAGED THE LAW FIRM OF ARNOLD & PORTER KAYE SCHOLER LLP TO PROVIDE A WRITTEN LEGAL OPINION ON WHETHER THE COMPENSATION PAID, BASED ON THE COMPARABILITY DATA AND ANALYSIS PROVIDED BY THE INDEPENDENT COMPENSATION CONSULTANT, KORN FERRY, MEETS THE REBUTTABLE PRESUMPTION PROCEDURE DESCRIBED IN REGULATIONS SECTION 53.4958-6(C) AND WHETHER SUCH COMPENSATION IS REASONABLE AND WILL NOT RESULT IN AN EXCESS BENEFIT TRANSACTION SUBJECT TO TAX UNDER SECTION 4958. THE LAW FIRM'S OPINION CONCLUDED THAT, BASED ON THE FACTS PRESENTED AND THE COMPARABILITY DATA AND ANALYSIS PROVIDED BY KORN FERRY, IN THEIR OPINION, IT IS MORE LIKELY THAN NOT THAT THE COMPENSATION PAID IS REASONABLE AND WILL NOT RESULT IN AN EXCESS BENEFIT TRANSACTION SUBJECT TO TAX UNDER SECTION 4958. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THROUGH OCTOBER 2022, OUR MISSION IS TO REDUCE THE IMPACT OF CLIMATE CHANGE THROUGH THE REDUCTION OF CARBON DIOXIDE EMISSIONS, EDUCATE THE PUBLIC ABOUT THE ISSUES OF CLIMATE CHANGE, SUPPORT RENEWABLE ENERGY, ENERGY EFFICIENCY, AND FORESTRY PROJECTS, AND SEEK WAYS TO HAVE A CLEANER AND HEALTHIER ENVIRONMENT. AFTER THIS DATE, THE ORGANIZATION'S MISSION IS TO SUPPORT INDIVIDUALS, NONPROFITS AND BUSINESSES AROUND THE WORLD ON SOLUTIONS TO COMPLEX CLIMATE ISSUES. TO PROVIDE LEADERSHIP, OUTREACH AND COMMUNICATION SUPPORT, GRANTS, AND INVESTMENTS TO EMPOWER LEADERS AND THEIR IDEAS TO SOLVE OUR CLIMATE CRISIS. |
| FORM 990, PAGE 2, PART III, LINE 2 | AFTER THE SALE OF THE INTELLECTUAL PROPERTY RELATED TO CARBONFUND.ORG FOUNDATION, INC., THE ORGANIZATION CHANGED ITS NAME TO ENVIRONMENT NEXT, INC. AND SHIFTED ITS FOCUS TO INSTEAD PROVIDING GRANT AND INVESTMENT FUNDING TO ASSIST IN FINDING SOLUTIONS TO COMPLEX CLIMATE ISSUES. |
| FORM 990, PAGE 2, PART III, LINE 3 | DURING 2022 THE ORGANIZATION SOLD SUBSTANTIALLY ALL OF ITS INTELLECTUAL PROPERTY INCLUDING TRADEMARKS, PROPRIETARY SOFTWARE, DOMAIN NAME, CUSTOMER LISTS AND SOCIAL MEDIA ACCOUNTS RELATED TO CARBONFUND.ORG FOUNDATION, INC. THE ORGANIZATION ALSO SOLD ALL OF ITS PURCHASED CARBON OFFSET INVENTORY ON HAND. THE ORGANIZATION NO LONGER RETIRES CARBON OFFSETS ON BEHALF OF DONORS. ANY OUTSTANDING CARBON OFFSET RETIREMENTS REQUIRED BY DONORS FROM 2022 WERE SATISFIED DURING 2023. |
| FORM 990, PAGE 6, PART VI, LINE 4 | THE ORGANIZATION CHANGED ITS NAME FROM CARBONFUND.ORG FOUNDATION, INC. TO ENVIRONMENT NEXT, INC. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE DRAFT 990 IS REVIEWED IN DETAIL BY THE TREASURER, PRESIDENT, AND THE BOARD OF DIRECTORS BEFORE FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION ADDRESSES CONFLICTS OF INTEREST ON A REGULAR BASIS FOR BOTH THE GOVERNING BODY AS WELL AS EMPLOYEES. THIS IS TYPICALLY DONE DURING SENIOR MANAGEMENT AND BOARD MEETINGS, AND IN ACCORDANCE WITH THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY AND PROCEDURES. BOARD MEMBERS ARE ASKED TO EXCUSE THEMSELVES FROM A DISCUSSION OR VOTE IF THERE IS A CONFLICT OF INTEREST. ALL NEW EMPLOYEES ARE REQUIRED TO READ THE EMPLOYEE HANDBOOK AND ACKNOWLEDGE THE RECEIPT OF IT BY SIGNING IT. THE HANDBOOK CONTAINS THE CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS AND EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY EACH YEAR. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE SALARY OF THE PRESIDENT OF THE ORGANIZATION IS DETERMINED USING AN INDEPENDENT COMPENSATION CONSULTANT, KORN FERRY, WHO DETERMINES A SALARY RANGE BASED ON LIKE WORK PERFORMED AT LIKE COMPANIES (FOR PROFIT AND NONPROFIT), AND IN LIKE CIRCUMSTANCES, PER IRS GUIDELINES. THE BOARD IS RESPONSIBLE FOR SETTING THE SALARY WITHIN THIS RANGE. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE SALARY OF THE OFFICERS AND TOP MANAGEMENT OFFICIALS OF THE ORGANIZATION IS DETERMINED USING AN INDEPENDENT COMPENSATION CONSULTANT, KORN FERRY, WHO DETERMINES A SALARY RANGE BASED ON LIKE WORK PERFORMED AT LIKE COMPANIES (FOR PROFIT AND NONPROFIT), AND IN LIKE CIRCUMSTANCES, PER IRS GUIDELINES. THE PRESIDENT IS RESPONSIBLE FOR SETTING EACH OF THE APPROPRIATE SALARIES WITHIN THIS RANGE. |
| FORM 990, PAGE 6, PART VI, LINE 17 | MASSACHUSETTS, MARYLAND, MAINE, MICHIGAN, MINNESOTA, NORTH CAROLINA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WASHINGTON, WISCONSIN, WEST VIRGINIA |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE AS WELL AS UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | LOSS ON UNCOLLECTIBLE PLEDGES -89,189 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARBONCO LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 853 MAIN STREET | AddressLine1Txt |
| City | EAST AURORA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14052 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 275046022 | EIN |
| Primary Activities | CONSULTING | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $16,635,830 | TotalIncomeAmt |
| End Of Year Assets | $5,869,968 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENVIR NEXT | BusinessNameLine1Txt |
| Business Name Line2 | ENVIRONMENT NEXT INC | BusinessNameLine2Txt |