2025-11-07T10:13:42-08:00 2025-06-30 680260103 REGALIA BERGER & BERGER CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2024-07-01 475068496 Cool Effect Inc COOL 4154542665 100 Drakes Landing 260 Greenbrae CA 94904 RICHARD H LAWRENCE JR Co-Founder 4154542665 2025-11-07 true true Douglas W Regalia P00186389 9253140390 2024 2025-03-06 01:10:19Z RICHARD H LAWRENCE JR 100 Drakes Landing 260 Greenbrae CA 94904 14590555 false X www.cooleffect.org X 2015 DE Cool Effects mission is to help individuals and businesses understand and reduce their carbon footprint by supporting verified carbon reducing projects across the globe. 8 6 9 10 0 20954558 14387797 30750 122794 83102 79964 0 21068410 14590555 0 0 1266849 1173751 0 0 20090054 14431014 21356903 15604765 -288493 -1014210 7320152 6027945 2430432 2170865 4889720 3857080 Cool Effect believes that small actions ignite planet-sized changes. The Organization developed a platform that brings people together to support the worlds best carbon emission reduction projects. false false 15463407 Cool Effects mission is to reduce carbon emissions by supporting projects across the globe that reduce carbon dioxide. Cool Effect educates the public on the effects of carbon on the climate and solicits donations to support carbon reduction projects, empowering individuals and businesses to take action in minimizing the emissions of carbon into the atmosphere.Cool Effect performs a deep analysis on both the science and the business structure of projects that claim to remove carbon from the atmosphere. All projects under consideration must first be approved by third-party standard-keeping organizations such as the gold standard, verified carbon standard, and CCR, among others. Cool Effect then undertakes an extensive review process using its team of scientiststo ensure the project meets very tough standards. At that same time, Cool Effect also reviews project management to assess whether donations are going where theyshould and that the project will operate well into the future. 15463407 true true false false false false false false false false true false false false false true true false false true false false false false false false false false false true false false false false false false false false false false false false false true false false false true 8 0 true 9 true false false false false false false false 0 false false false false false false false X 8 6 true false false false false false false true true false false true true true true true true true true true true CA DE NY X X X JR Patterson 4154542665 100 Drakes Landing Suite 260 Greenbrae CA 94904 Jodi Manning CEO 0.00 40.00 X X 0 373224 0 Blake Lawrence Marketing Mgr 0.00 40.00 0 161902 0 JR Patterson Controller 0.00 20.00 0 125075 0 Mike Bruce CFO/COO 5.00 20.00 X X 0 117737 0 RICHARD H LAWRENCE JR Co-Founder 10.00 0.00 X X 0 0 0 DEE LAWRENCE Co-Founder 10.00 0.00 X X 0 0 0 SKYE LAWRENCE Director 1.00 0.00 X 0 0 0 Dr Robert Dubrow Advisory Board 1.00 0.00 X 0 0 0 Hector Morales Advisory Board 1.00 0.00 X 0 0 0 Dr Michael Wara Advisory Board 1.00 0.00 X 0 0 0 777938 0 false true false Demonstrate PR LLC 2513 Van Ness Avenue San Francisco CA 94109 Public Relations 663733 Inetz Media Group 1055 E 3900 S Salt Lake City UT 84124 Web Systems 213901 2 14387797 14387797 Other Income 541700 59189 59189 Project Finder Fees 541700 63605 63605 122794 79964 79964 0 0 0 0 0 0 0 0 14590555 122794 79964 0 0 0 0 0 0 1155016 1041358 113658 0 0 18735 16891 1844 0 9457 9457 23720 20953 2767 0 0 3948 3948 0 686227 686227 47824 43042 4782 129422 129422 0 122747 110472 12275 76537 76537 0 0 0 0 183063 164756 18307 0 Carbon reduction projects 13107053 13107053 Outside consulting services 119397 119397 Bank charges and fees 44366 44366 x-Less In Kind Rent -122747 -110472 -12275 0 15604765 15463407 141358 0 664884 809572 0 0 0 0 0 0 3918838 2715350 1918088 1956921 65076 61954 5806 3122 436907 252295 0 0 375629 290685 0 7320152 6027945 532512 272945 1897920 1897920 2430432 2170865 X 4889720 3857080 4889720 3857080 7320152 6027945 -1014210 -18430 X false true X true false X 10484292 18358826 18629202 20954558 14387797 82814675 0 0 10484292 18358826 18629202 20954558 14387797 82814675 23774139 59040536 144852 853213 15369 83102 79964 1176500 0 0 83991175 293544 0.70290 0.75320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11847 11847 50176 47054 3122 3053 3053 3122 X 14694872 -18430 122747 104317 14590555 14590555 15727512 122747 122747 15604765 15604765 Part X : FIN48 Footnote Financial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, Cool Effect is required to report information regarding its exposure to various tax positions taken by Cool Effect and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that Cool Effect has adequately evaluated its current tax positions and has concluded that as of June 30, 2025, Cool Effect does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.Cool Effect has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that Cool Effect continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. Cool Effect may periodically receive unrelated business income (such as sublease rental income) requiring Cool Effect to file separate tax returns under federal and state statutes. Under such conditions, Cool Effect calculates and accrues the applicable taxes. false false false false false false false false false Blake Lawrence Marketing Mgr 161902 161902 Jodi Manning CEO 373224 373224 Form 990, Part VI, Section A, Line 2 Board members Richard Lawrence, Jr. and DEE LAWRENCE are husband and wife. Board member SKYE LAWRENCE is the daughter of Richard Lawrence, Jr. and DEE LAWRENCE. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service. Form 990, Part VI, Section B, Line 12c Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures. Form 990, Part VI, Section B, Line 15a Cool Effect does not have any employees. Overlook Investment Inc., an independent fund management company owned by Cool Effect Co-Founder Richard H. Lawrence, Jr., provides ongoing staffing and managerial services. These estimated payroll costs are allocated to Cool Effect based on analysis of employee time studies. Form 990, Part VI, Section B, Line 15b Cool Effect does not have any employees. Overlook Investment Inc., an independent fund management company owned by Cool Effect Co-Founder Richard H. Lawrence, Jr., provides ongoing staffing and managerial services. These estimated payroll costs are allocated to Cool Effect based on analysis of employee time studies. Form 990, Part VI, Section C, Line 18 Tax returns are available for download from several websites and by request from the organization's office in Greenbrae, California. Form 990, Part VI, Section C, Line 19 All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office. OVERLOOK INVESTMENTS INC 100 Drakes Landing Rd Ste 275 Greenbrae CA 94904 943351878 Fund Management CA N/A C Corp false false false false false false false false false false false false false false true true false false false false OVERLOOK INVESTMENTS INC o 1173751 Cost Allocation