2024-11-06T12:17:26-06:00 2023-12-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2023-01-01 821112859 ELEMENTAL EXCELERATOR INC ELEM 8082375050 1099 ALAKEA ST 1250 HONOLULU HI 96813 DAWN LIPPERT CEO 8082375050 2024-11-06 1 0 RODNEY M HARANO P00389596 8085311040 2024-11-06 2023 2024-10-15 13:58:12Z ELEMENTAL IMPACT DAWN LIPPERT 1099 ALAKEA ST 1250 HONOLULU HI 96813 36800790 0 X WWW.ELEMENTALIMPACT.COM X 2017 DE ELEMENTAL EXCELERATOR (ORGANIZATION) IS A NONPROFIT DELAWARE CORPORATION WHOSE MISSION IS TO SCALE CLIMATE TECHNOLOGIES WITH DEEP COMMUNITY IMPACT. 5 4 69 5 0 0 20391365 34459473 396975 261621 5265955 1021006 0 0 26054295 35742100 8001693 4898013 0 0 6962167 9332236 0 0 1144891 3968760 5748600 18932620 19978849 7121675 15763251 32065270 47432534 1781236 1303399 30284034 46129135 X ELEMENTAL EXCELERATOR (ORGANIZATION) IS A NONPROFIT DELAWARE CORPORATION WHOSE MISSION IS TO SCALE CLIMATE TECHNOLOGIES WITH DEEP COMMUNITY IMPACT. 1 0 14705796 4898013 261621 ELEMENTAL EXCELERATOR (ORGANIZATION) IS A NONPROFIT DELAWARE CORPORATION WHOSE MISSION IS TO SCALE CLIMATE TECHNOLOGIES WITH DEEP COMMUNITY IMPACT. THE ORGANIZATION CONDUCTS A TECHNOLOGY COMMERCIALIZATION PROGRAM THAT SERVES TO CONNECT, COACH AND SUPPORT ENTREPRENEURS BUILDING INNOVATIVE TECHNOLOGY SOLUTIONS ACROSS THE AREAS OF ENERGY, WATER, TRANSPORTATION, FOOD AND AGRICULTURE, NATURE-BASED SOLUTIONS AND INDUSTRY. ADDITIONALLY, IN FURTHERANCE OF ITS EXEMPT PURPOSES, THE ORGANIZATION PROVIDES CATALYTIC FUNDING AND TECHNICAL SERVICES TO THE STARTUPS SELECTED FOR ITS PROGRAM TO IMPLEMENT CLIMATE TECHNOLOGY PROJECTS IN PARTNERSHIP WITH LOCAL CUSTOMERS, POLICYMAKERS AND COMMUNITIES. THE ORGANIZATION WORKS WITH NONPROFIT, GOVERNMENT, AND BUSINESS REPRESENTATIVES TO IDENTIFY LOCAL AND REGIONAL NEEDS FOR INNOVATION AND THEN PROVIDES TAILORED COACHING TO CLIMATE STARTUPS DEPLOYING TECHNOLOGIES THAT BRING ENVIRONMENTAL, HEALTH AND ECONOMIC BENEFITS TO RURAL, TRIBAL AND OTHER DISADVANTAGED COMMUNITIES. THE ORGANIZATION'S TECHNICAL SERVICES ENSURE THAT THESE PROJECTS PROVIDE ACCESS TO WORKFORCE DEVELOPMENT AND OTHER EDUCATIONAL OPPORTUNITIES FOR BIPOC, WOMEN, VETERANS AND OTHER GROUPS WHO HAVE TRADITIONALLY BEEN EXCLUDED FROM THE TECHNOLOGY SECTOR. IN ADDITION, THE ORGANIZATION WORKS WITH POLICYMAKERS TO PROVIDE FRAMEWORKS, RESOURCES AND TOOLS, ALL ROOTED IN ON-THE-GROUND INSIGHTS FROM DEPLOYING CLIMATE PROJECTS, TO HELP NEW TECHNOLOGIES SCALE RAPIDLY AND EQUITABLY. THIS INCLUDES COACHING TO HELP COMPANIES DEVELOP AND INCORPORATE POLICY-RELATED GOALS INTO THEIR GROWTH STRATEGIES.THESE TECHNOLOGIES CATALYZE LOCAL JOBS AND ECONOMIC DEVELOPMENT, REDUCE LOCAL AIR POLLUTION, CREATE UTILITY BILL SAVINGS, AND IMPROVE ACCESS TO CLEAN ENERGY, WATER, FOOD, AND TRANSIT IN CITIES, NEIGHBORHOODS AND HOMES WHERE PROJECTS ARE DEPLOYED BOTH IN THE UNITED STATES AND GLOBALLY. 14705796 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 80 0 1 69 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 1 1 CA HI X MIKE CURTIS 8082375050 1099 ALAKEA ST 1250 HONOLULU HI 96813 KELVIN TAKETA DIRECTOR 1.00 X 10000 0 0 CHERYL MARTIN DIRECTOR 1.00 X 10000 0 0 NAVEEN SIKKA DIRECTOR 1.00 X 10000 0 0 VIVIAN YASUNAGA DIRECTOR 1.00 X 10000 0 0 DAWN LIPPERT DIRECTOR/CHIEF EXECUTIVE OFFICER 32.00 X X 343976 0 15464 LAURENE POWELL JOBS CHAIR OF THE BOARD 1.00 X 0 0 0 AVRA VAN DER ZEE CHIEF OPERATING OFFICER 40.00 X 379765 0 43779 MICHAEL CURTIS CHIEF FINANCIAL OFFICER 40.00 X 229732 0 21763 DANYA HAKEEM VICE PRESIDENT OF PORTFOLIO 40.00 X 213428 0 33961 MELISSA UHL CHIEF GROWTH OFFICER 32.00 X 230104 0 1033 THERESA GARNER MANAGING DIRECTOR, MARKETING & COMMUNICATIONS 40.00 X 218456 0 21876 SARITHA KADERALI HEAD OF CORPORATE PARTNERSHIPS 40.00 X 231114 0 12230 SARA CHANDLER MANAGING DIRECTOR, EQUITY & ACCESS 40.00 X 221595 0 15567 LAUREN TONOKAWA MANAGING DIRECTOR, COMMUNICATIONS 40.00 X 198768 0 18495 CHRISTINA ANGELIDES MANAGING DIRECTOR, POLICY LAB 40.00 X 285693 0 25241 APARNA REDDY GENERAL COUNSEL 40.00 X 204034 0 13439 2796665 0 222848 16 0 1 0 ANANTH PHARSHY 116 WEED STREET NEW CANAAN CT 06840 FINANCIAL MODELING 190297 HINTER MEDIA 3 MONROE PLACE APT 2 BROOKLYN NY 11201 COMMUNICATIONS SUPPORT 105913 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 ACCOUNTING SERVICES 104008 BRIGHTSIDE STRATEGIES 992 CARROLL ST 2F BROOKLYN NY 11225 PROGRAM COACH 103284 4 468504 8006098 25984871 34459473 PROGRAM SERVICE FEES 900099 175421 175421 EVENT TICKET REVENUE 900099 86200 86200 261621 2079696 2079696 1058690 -1058690 -1058690 -1058690 35742100 261621 0 1021006 X 4118013 4118013 780000 780000 1793341 879433 761824 152084 6270574 4194047 1478386 598141 246578 199294 34397 12887 426924 323455 79579 23890 594819 440461 120584 33774 73000 73000 116068 116068 2550 2550 40590 40590 2600317 1611397 713469 275451 183445 183445 153089 45205 107774 110 337381 70127 264840 2414 326078 178313 133869 13896 126711 7557 91945 27209 77000 20891 56109 50368 27543 20679 2146 17367 17367 PROGRAM EVENT 1580041 1577152 0 2889 DUES & SUBSCRIPTIONS 32957 25740 7217 PRINTING, PUBLICATION, 30695 21173 9522 0 REPAIRS AND MAINTENANCE 943 0 943 0 19978849 14705796 4128162 1144891 410165 539672 20396995 17638359 2106091 3098892 1537117 2900217 184806 239259 353317 189111 214574 164206 6724325 22476308 491197 375621 32065270 47432534 961665 897202 308800 510771 406197 1781236 1303399 X 23157471 40463148 7126563 5665987 30284034 46129135 32065270 47432534 15763251 81850 0 X 0 1 X 1 1 1 X 15626900 14661986 15842247 20391365 34459473 100981971 15626900 14661986 15842247 20391365 34459473 100981971 16124928 84857043 266525 72761 51959 319556 2079696 2790497 3090 31609 34699 103807167 830807 0.81740 0.80670 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 3,090. 2020 AMOUNT: $ 31,609. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7675 7675 14698121 14705796 885290 221323 0 0 647458 781736 881452 885290 3195936 4793904 18501 135 64723 7675 91034 161865 195434 220363 221323 798985 1198478 135 472 607 315906 169576 146330 37411 19535 17876 164206 INVESTMENTS IN STARTUP COMPANIES 11931973 C BONDS 10544335 C 22476308 OPERATING LEASE LIABILITIES 406197 406197 X 35618937 81850 225000 306850 35312087 40590 389423 430013 35742100 20163259 225000 225000 19938259 40590 40590 19978849 PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022, AND FOR THE YEARS THEN ENDED, AND DETERMINED THAT IT HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCREASE IN NET ASSETS WITH DONOR RESTRICTIONS 389,423. 1 NORTH AMERICA 0 0 GRANTMAKING 300000 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 30000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 350000 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 100000 0 0 0 0 0 0 780000 0 780000 NORTH AMERICA TO FUND TECHNOLOGICAL SOLUTIONS IN WATER. 100000 WIRE TRANSFER 0 MIDDLE EAST AND NORTH AFRICA TO FUND TECHNOLOGICAL SOLUTIONS IN WATER. 30000 WIRE TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) TO FUND TECHNOLOGICAL SOLUTIONS IN ENERGY. 150000 WIRE TRANSFER 0 SUB-SAHARAN AFRICA TO FUND TECHNOLOGICAL SOLUTIONS IN INDUSTRY. 100000 WIRE TRANSFER 0 NORTH AMERICA TO FUND TECHNOLOGICAL SOLUTIONS IN FOOD AND AG. 200000 WIRE TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) TO FUND TECHNOLOGICAL SOLUTIONS IN INDUSTRY. 200000 WIRE TRANSFER 0 0 6 0 0 0 0 0 0 PART I, LINE 2: REPORTING AND EVIDENCE OF AGREED UPON MILESTONES IS SUBMITTED AND REVIEWED PRIOR TO PAYMENT OF EACH GRANT AWARD. 1 ACTERRA ACTION FOR A HEALTHY PLANET 3921 EAST BAYSHORE ROAD PALO ALTO CA 94303 237064937 501(C)(3) 17600 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) AMALGAMATED CHARITABLE FOUNDATION INC 1825 K STREET NORTHWEST WASHINGTON DC 20006 821517696 501(C)(3) 120000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN NATURE-BASED SOLUTIONS BLUE OCEAN BARNS INC 73-4460 QUEEN KAAHUMANU HWY STE 138 KAILUAKONA HI 96740 842744861 200000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN FOOD & AGRICULTURE BLUE PLANET 126 QUEEN STREET SUITE 204 HONOLULU HI 96813 208247917 501(C)(3) 8800 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) CLIMATE AND ENERGY PROJECT INC 129 WEST 25TH AVENUE HUTCHINSON KS 67502 263450854 7800 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) CLIMATE CABINET ACTION 150 SUTTER ST UNIT 695 SAN FRANCISCO CA 94104 854196094 501(C)(3) 16600 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) CLIMATE POLICY INITIATIVE INC 575 MARKET STREET 4 FL SAN FRANCISCO CA 94105 264129153 17600 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) COI ENERGY SERVICES INC 3802 SPECTRUM BOULEVARD STE 151 TAMPA FL 33612 824176260 9200 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) COMMUNITY ENERGY LABS INC 401 NE 19TH AVE SUITE 200 PORTLAND OR 97232 844242106 306800 0 TO FUND TECHNOLOGICAL SOLUTIONS IN ENERGY CTY INC DBA NUMINA 68 JAY STREET SUITE 501 BROOKLYN NY 11201 812352118 50000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN WATER ENVERID SYSTEMS INC 21 SOUTHWEST PARK WESTWOOD MA 02090 272639480 100000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN ENERGY EVRNU SPC 3200 1ST AVE S 200 SEATTLE WA 98134 471633880 15000 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) FERVO ENERGY COMPANY 609 MAIN STREET 25TH FLOOR HOUSTON TX 77002 823168838 110000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN ENERGY FORUM MOBILITY INC 700 MILL STREET 6 HALF MOON BAY CA 94019 871035983 300000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN MOBILITY GATHER AGRICULTURE INC 1574 W 18TH ST 250 MERCED CA 95340 932811211 350000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN FOOD & AGRICULTURE HAWAII ULU PRODUCERS COOPERATIVE 79-1017 E HONALO RD KAILUA KONA HI 96704 813622889 8800 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) HOHONU INC 98-820 MOANALUA ROAD 15-547 ALEA HI 96701 384120763 200000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN WATER MAST FKA DRONESEED CO 950 NW LEARY WAY SEATTLE WA 98107 810921776 25000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN NATURE-BASED SOLUTIONS MODULAR STREETSCAPE SYSTEMS INC 1150 PACIFIC STREET BROOKLYN NY 11216 821762762 200000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN INDUSTRY MOLG INC 4447-A BROOKFIELD CORPORATE DR CHANTILLY VA 20151 861785173 213200 0 TO FUND TECHNOLOGICAL SOLUTIONS IN INDUSTRY MYTHOS AI INC 516 NORTHWOOD RD UNIT 8096 WEST PALM BEACH FL 33407 863213999 200000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN MOBILITY NITRICITY INC 3450 3RD STREET SUITE 3F SAN FRANCISCO CA 94124 831837729 300000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN FOOD & AGRICULTURE NTH CYCLE INC 100 CUMMINGS CENTER SUITE 151B BEVERLY MA 01915 822655755 25000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN INDUSTRY PANORAMIK 525 SOUTH HEWITT STREET LOS ANGELES CA 90013 820777622 8800 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) PLANET FORWARD INC 24 6TH AVENUE SAN FRANCISCO CA 94118 842169968 20000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN FOOD & AGRICULTURE PROJECT VESTA PBC 584 CASTRO STREET 2054 SAN FRANCISCO CA 94114 870842103 300000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN NATURE-BASED SOLUTIONS RAMUNE BARTUSKAITE 1702 WALLACE STREET UNIT 3 PHILADELPHIA PA 19130 870823202 6400 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) SHIFTED ENERGY 643 ILALO STREET STE 203 HONOLULU HI 96813 471560222 12300 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) SMART ELECTRIC POWER ALLIANCE 1220 19TH STREET NW SUITE 800 WASHINGTON DC 20036 521794095 501(C)(3) 8800 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) SOLARFI 444 SOMERVILLE AVENUE SOMERVILLE MA 02143 831701939 8800 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) SOLSTICE POWER TECHNOLOGIES INC 160 ALEWIFE BROOK PARKWAY 1048 CAMBRIDGE MA 02138 320493145 20460 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) SOURCE GLOBAL PBC 1465 NORTH SCOTTSDALE ROAD SCOTTSDALE AZ 85257 472200450 10000 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) TERVIVA BIOENERGY INC 980 ATLANTIC AVE STE 105 ALAMEDA CA 94501 272547549 20000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN FOOD & AGRICULTURE TRADELANES 3011 CITRUS CIRCLE SUITE 202 WALLNUT CREEK CA 94598 475457640 300000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN FOOD & AGRICULTURE TRANSAERA INC 444 SOMERVILLE AVE SOMMERVILLE MA 02143 820685301 200000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN ENERGY TWELVE BENEFIT CORPORATION 600 BANCROFT WAY BERKELEY CA 94710 474239185 46735 0 TO FUND TECHNOLOGICAL SOLUTIONS IN ENERGY US GREEN BUILDING COUNCIL WEST MICHIGAN 146 MONROE CENTER STREET NORTHWESTSUITE 500 GRAND RAPIDS MI 49503 364555634 8800 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) UNCHARTED POWER INC 69 MARKET STREET POUGHKEEPSIE NY 12601 900716191 17600 0 TO SUPPORT EDICT (EMPOWERING DIVERSE CLIMATE TALENT) INTERN(S) WEAVE GRID INC 222 7TH ST SECOND FLOOR SAN FRANCISCO CA 94103 832785785 300000 0 TO FUND TECHNOLOGICAL SOLUTIONS IN ENERGY 5 34 PART I, LINE 2: REPORTING AND EVIDENCE OF AGREED UPON MILESTONES IS SUBMITTED AND REVIEWED PRIOR TO PAYMENT OF EACH GRANT AWARD. EDICT INTERN & HOST COMPANIES ARE REQUIRED TO ATTEND TRAININGS, CHECK-INS AND INTERVIEWS. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 AVRA VAN DER ZEE CHIEF OPERATING OFFICER 281415 0 98350 0 0 0 22500 0 21279 0 423544 0 0 0 DAWN LIPPERT DIRECTOR/CHIEF EXECUTIVE OFFICER 258176 0 85800 0 0 0 14382 0 1082 0 359440 0 0 0 CHRISTINA ANGELIDES MANAGING DIRECTOR, POLICY LAB 226423 0 59270 0 0 0 11641 0 13600 0 310934 0 0 0 MICHAEL CURTIS CHIEF FINANCIAL OFFICER 191299 0 38433 0 0 0 13800 0 7963 0 251495 0 0 0 DANYA HAKEEM VICE PRESIDENT OF PORTFOLIO 181229 0 32199 0 0 0 11755 0 22206 0 247389 0 0 0 SARITHA KADERALI HEAD OF CORPORATE PARTNERSHIPS 209792 0 21322 0 0 0 11169 0 1061 0 243344 0 0 0 THERESA GARNER MANAGING DIRECTOR, MARKETING & COMMU 181769 0 36687 0 0 0 0 0 21876 0 240332 0 0 0 SARA CHANDLER MANAGING DIRECTOR, EQUITY & ACCESS 190315 0 31280 0 0 0 6869 0 8698 0 237162 0 0 0 MELISSA UHL CHIEF GROWTH OFFICER 190797 0 39307 0 0 0 0 0 1033 0 231137 0 0 0 APARNA REDDY GENERAL COUNSEL 185089 0 18945 0 0 0 5210 0 8229 0 217473 0 0 0 LAUREN TONOKAWA MANAGING DIRECTOR, COMMUNICATIONS 169807 0 28961 0 0 0 9384 0 9111 0 217263 0 0 0 PART I, LINE 1A FIRST-CLASS TRAVEL - PER TRAVEL POLICY EMPLOYEES. "EEX WILL REIMBURSE EMPLOYEES FOR REASONABLE UPGRADE EXPENSES IN THE FOLLOWING SITUATIONS: -FLIGHTS TIMES OF 4 + HOURS - PURCHASE PREMIUM COACH SEATING. -FLIGHT TIMES OF 6+ HOURS - UPGRADE TO BUSINESS CLASS. ONLY IF BUSINESS CLASS IS NOT AVAILABLE CAN TRAVELERS BOOK FIRST CLASS. -OVERNIGHT OR 'RED-EYE' FLIGHTS THAT ARE REQUIRED BY THE BUSINESS PURPOSE/SCHEDULE OF THE TRIP - UPGRADE TO BUSINESS CLASS. ONLY IF BUSINESS CLASS IS NOT AVAILABLE CAN TRAVELERS BOOK FIRST CLASS." PART I, LINE 7 BONUSES ARE AWARDED AS AN INCENTIVE TO RECRUITING, RETENTION AND PERFORMANCE ON SHARED OBJECTIVES AND KEY RESULTS (OKR) PRIORITIES THAT DRIVE ORGANIZATIONAL STRATEGIC GOALS. A REVIEW OF FINANCIAL RESULTS AND FOR THE CURRENT AND PREVIOUS YEARS ARE ANALYZED AND A PORTION IS ALLOCATED FOR BONUSES. THE BONUSES ARE AWARDED TO EMPLOYEES USING POSITION LEVEL FORMULAS. EXECUTIVE LEADERSHIP CAN AWARD DISCRETIONARY AWARDS TO RECOGNIZE EXCEPTIONAL INDIVIDUAL CONTRIBUTIONS TO ORGANIZATIONAL SUCCESS. ANNUAL BONUS RECOMMENDATIONS ARE PREPARED BY THE MANAGING DIRECTOR OF FINANCE USING THE POSITION LEVEL FORMULAS. ALL BONUSES ARE APPROVED BY THE CEO. FORM 990, PART III, LINE 2 ELEMENTAL EXCELERATOR EXPANDED ITS FUNDING AND TECHNICAL SERVICE OFFERINGS TO HELP CLIMATE STARTUPS SCALE UP THEIR TECHNOLOGY FROM DEMONSTRATION STAGE TO COMMERCIAL SCALE DEPLOYMENT. THESE NEW SERVICES INCLUDE PROJECT PRE-DEVELOPMENT SUPPORT, INCLUDING PERMITTING, ENGINEERING STUDIES, COMMUNITY BENEFIT PLANS, AND FINANCIAL MODELING. FORM 990, PART VI, SECTION A, LINE 2 DAWN LIPPERT IS ALSO EMPLOYED AS AN ADVISOR BY A LIMITED LIABILITY COMPANY OF WHICH LAURENE POWELL JOBS IS PRESIDENT. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ORGANIZATION'S BOARD ARE APPOINTED BY THE CLASS 1 AND CLASS 2 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE CLASS I MEMBER HAS RIGHTS TO APPOINT AND REMOVE CLASS 1 DIRECTORS, APPOINT CERTAIN OFFICERS, AND APPROVE OR VETO CERTAIN ACTIONS OF THE BOARD, CLASS II MEMBERS, OR ANY COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PROVIDED TO THE BOARD AUDIT COMMITTEE. COMMITTEE MEMBERS REVIEW AND APPROVE THE DRAFT BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS, KEY EMPLOYEES, AND ANY PERSON(S) WHO, BASED ON FACTS AND CIRCUMSTANCES, ARE DETERMINED TO HAVE SUBSTANTIAL INFLUENCE OVER EEX ARE COVERED BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. CONFLICTS OF INTEREST ARE DETERMINED BY THE BOARD OR A COMMITTEE. PERSONS WITH POTENTIAL CONFLICTS WILL RECUSE HIM- OR HERSELF FROM VOTING OR DISCUSSIONS ON SUCH MATTERS EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO AND OTHER OFFICERS AND KEY EMPLOYEES IS APPROVED BY THE BOARD OF DIRECTORS OR ANOTHER AUTHORIZED BODY AS PART OF THE ANNUAL BUDGET, WITH RELIANCE ON COMPARABILITY DATA FOR DETERMINING THE REASONABLENESS OF THE COMPENSATION IN ACCORDANCE WITH INTERNAL REVENUE CODE SECTION 4958. SUCH DECISIONS ARE DOCUMENTED CONCURRENTLY IN THE ORGANIZATION'S RECORDS. THIS PROCESS WAS LAST UNDERTAKEN IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC TO THE EXTENT REQUIRED BY APPLICABLE LAW. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,611,397. MANAGEMENT AND GENERAL EXPENSES 713,469. FUNDRAISING EXPENSES 275,451. TOTAL EXPENSES 2,600,317.