2025-11-17T17:07:31+00:00 2024-12-31 440160260 Forvis Mazars LLP 14221 Dallas Parkway Suite 400 Dallas TX 75254 990 2024-01-01 843656302 New Energy Nexus Enventure NEWE 4159570167 2150 Allston Way Suite 360 Berkeley CA 94704 Christina Borsum Treasurer & Secretary 4159570167 2025-11-18 true true Andrew Gray P01517705 9727028262 2025-11-17 2024 2025-03-06 01:10:19Z Christina Borsum 2150 Allston Way Suite 360 Berkeley CA 94704 106494 false X HTTPS://WWW.ENVENTUREENTERPRISES.ORG/ X 2019 CA SUPPORT RURAL COOPERATIVES AND COMMUNITY-BASED ORGANIZATIONS IN UGANDA WORKING ON CLEAN ENERGY INITIATIVES 4 4 0 4 0 35250 106494 0 0 0 0 0 0 35250 106494 35000 135000 0 0 0 0 0 0 0 3547 14361 38547 149361 -3297 -42867 39216 165277 0 168928 39216 -3651 SUPPORT RURAL COOPERATIVES AND COMMUNITY-BASED ORGANIZATIONS IN UGANDA WORKING ON CLEAN ENERGY INITIATIVES false false 135235 135000 NEW ENERGY NEXUS ENVENTURE IS WORKING ON COMPLETING THE MERGER WITH ENVENTURE AND IS ALREADY CONTINUING THE ACTIVITIES OF ENVENTURE: SUPPORTING RURAL COOPERATIVES AND COMMUNITYBASED ORGANIZATIONS IN UGANDA WORKING ON CLEAN ENERGY INITIATIVES. THE ACTIVITIES INCLUDEPROVIDING SEED FUNDING AND ACCELERATOR PROGRAMS TO HELP ENTREPRENEURS IN THE CLEAN ENERGY SPACE SCALE THEIR BUSINESSES IN UGANDA. 135235 true true false false false false false false false false false false false false true false false false false false true true false false false false false false false true false false false false false false false false false false false false false false false true false false false false true X 0 0 0 false true BE false false false false false false false false false false X 4 4 false false false false false false false true true false false false false true true true true true true true false false CA X Grace Nitafan 4159570167 2150 ALLSTON WAY STE CA 94704 Ian Rogoff Chair 1.0 6.0 X X 0 0 0 Jon Foster Secretary/Treasurer 1.0 6.0 X X 0 0 0 Chia-Lin Simmons Board Member 1.0 1.0 X 0 0 0 Michel Gelobter Board Member 1.0 1.0 X 0 0 0 Christina Borsum CFO 1.0 39.0 X 0 207783 13592 Danny Kennedy Executive Director END: 7/2024 1.0 39.0 X 0 129471 28332 Henri Van Eeghen CEO START: 8/2024 1.0 39.0 X 0 112485 7529 Grace Nitafan Controller 1.0 39.0 X 0 176109 15694 0 625848 65147 4 false true false 0 0 0 0 105000 0 1494 0 106494 0 0 0 0 0 0 0 0 0 0 0 0 0 0 106494 0 0 0 0 0 0 0 135000 135000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5310 5310 0 0 0 0 0 0 0 0 0 0 1140 1140 235 235 BANK FEES 780 780 EXCHANGE LOSS 6896 6896 0 0 0 0 149361 135235 14126 0 39191 165252 0 0 0 0 0 0 0 25 25 39216 165277 0 762 0 0 168166 0 168928 X 39216 -3651 39216 -3651 39216 165277 -42867 0 X false false false X X 1 CalCEF Innovations 261339988 7 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Federal Income Taxes Intercompany Payables 168166 168166 true Sub-Saharan Africa 0 0 Grantmaking 135000 0 0 0 0 0 0 135000 0 135000 Sub-Saharan Africa FISCAL SPONSORSHIP 135000 Wire 0 1 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds An update on work progress is requested. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements SUB-SAHARAN AFRICA-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements SUB-SAHARAN AFRICA-Accrual X X X X X X false false false false false false false false false Christina Borsum CFO 0 207783 0 0 0 0 0 6300 0 7292 0 221375 0 0 Danny Kennedy Executive Director END: 7/2024 0 129471 0 0 0 0 0 3884 0 24448 0 157803 0 0 Grace Nitafan Controller 0 176109 0 0 0 0 0 5383 0 10311 0 191803 0 0 Form 990, Part VI, Line 11b Review of form 990 by governing body THE CFO WILL REVIEW THE RETURN BEFORE IT IS FILED. Form 990, Part VI, Line 12c Conflict of interest policy ANNUAL DISCLOSURE BY DIRECTORS, CORPORATE OFFICERS, TOP MANAGEMENT, KEY EMPLOYEES; BOARD REVIEW AND DISPOSITION PER POLICY STANDARDS' DETAILED RECORDS. Form 990, Part VI, Line 15a Process to establish compensation of top management official CALIFORNIA CLEAN ENERGY FUND'S HR STAFF CONDUCTED A SALARY BENCHMARKING STUDY FOR THE CEO OVERSEEN BY A BOARD the board chair DURING THE FIRST HALF OF 2024. THE INSIGHTS FROM THIS BENCHMARKING STUDY WERE OVERLAID WITH MARKET INTELLIGENCE FROM THE INDEPENDENT RECRUITING FIRM RETAINED TO SOURCE A NEW CEO TO ARRIVE AT A PAY RANGE. THE FINAL SALARY WAS NEGOTIATED and approved by the board, TAKING INTO ACCOUNT THE RECRUITED CANDIDATES PRIOR WORK HISTORY IN THE CONTEXT OF SALARY RANGE. Form 990, Part VI, Line 15b Process to establish compensation of other employees CALIFORNIA CLEAN ENERGY FUND'S HR STAFF CONDUCTED A SALARY BENCHMARKING STUDY FOR THE CEO OVERSEEN BY A BOARD the board chair DURING THE FIRST HALF OF 2024. THE INSIGHTS FROM THIS BENCHMARKING STUDY WERE OVERLAID WITH MARKET INTELLIGENCE FROM THE INDEPENDENT RECRUITING FIRM RETAINED TO SOURCE A NEW CEO TO ARRIVE AT A PAY RANGE. THE FINAL SALARY WAS NEGOTIATED and approved by the board, TAKING INTO ACCOUNT THE RECRUITED CANDIDATES PRIOR WORK HISTORY IN THE CONTEXT OF SALARY RANGE. Form 990, Part VI, Line 19 Required documents available to the public IN 2024, NEW ENERGY NEXUS ENVENTURE DID NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CALIFORNIA CLEAN ENERGY FUND DBA CALCEF VENTURES 2150 ALLSTON WAY STE 360 BERKELEY CA 94704 770640000 MANAGE FUNDS TO ADDRESS CRITICAL GAPS IN THE CLEAN ENERGY MARKETPLACE CA 501(c)(4) NA false CALCEF INNOVATIONS 2150 ALLSTON WAY STE 360 BERKELEY CA 94704 261339988 GROW CLEAN ENERGY MARKETS AND ACCELERATE THE ADOPTION OF CLEAN ENERGY CA 501(c)(3) 7 CALIRFORNIA CLEAN ENERGY FUND true false false true false false false false false false false false false false true true false false false false