Nonprofit · EIN 33-1112770
CLASP
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $28,948,146 | $26,779,509 | $2,168,637 | $23,594,117 | $16,916,881 | $6,677,236 |
| December 31, 2023 | 990 | $26,255,991 | $24,936,191 | $1,319,800 | $20,990,341 | $16,428,198 | $4,562,143 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $27,255,347
- of which government grants
- $3,513,481
- Program service revenue
- $609,216
- Investment income
- $577,971
- Other revenue
- $505,612
Expenses
- Grants and similar amounts paid
- $4,294,264
- Compensation of officers, directors and key employees
- $1,181,342
- Other salaries and wages
- $4,473,129
- Salaries, compensation and benefits (total)
- $7,003,940
- Professional fundraising fees
- $0
- Legal fees
- $206,975
- Accounting fees
- $48,630
- Occupancy
- $451,112
- Travel
- $1,134,170
- Depreciation
- $139,250
- Program services (functional)
- $24,210,788
- Management and general (functional)
- $2,384,072
- Fundraising (functional)
- $184,649
Balance sheet and other
- Total assets, start of year
- $20,990,341
- Total assets, end of year
- $23,594,117
- Total liabilities, end of year
- $16,916,881
- Net assets, end of year
- $6,677,236
- Land, buildings and equipment
- $424,689
- Publicly traded securities
- $3,074,066
- Net assets without donor restrictions
- $4,703,632
- Net assets with donor restrictions
- $1,973,604
- Gross receipts
- $28,948,146
- Employees
- 38
- Volunteers
- 12
- Year formed
- 2005
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTINE EGAN | CHIEF EXECUTIVE OFFICER Officer | 40 | $388,158 | $33,314 |
| FRED SHERMAN | CHIEF OPERATING OFFICER Officer | 40 | $264,179 | $27,723 |
| CORINNE SCHNEIDER | CHIEF COMM. & DVLPT. OFFICER Key employee | 40 | $250,102 | $26,378 |
| WENDY WEN | DIRECTOR OF FINANCE Highest-paid employee | 40 | $190,315 | $22,831 |
| NATE HARRIS | DIRECTOR OF HUMAN RESOURCES Highest-paid employee | 40 | $168,871 | $26,091 |
| JENNIFER SMITH | CHIEF OF PROGRAMS Key employee | 40 | $176,838 | $14,650 |
| ANA MARIA CARRENO | SR. DIRECTOR OF CLIMATE Highest-paid employee | 40 | $161,665 | $24,605 |
| ARI REEVES | SENIOR DIR. OF RESEARCH Highest-paid employee | 40 | $147,201 | $28,270 |
| ANDREA TESTA | SENIOR MANAGER, LEGAL & CONTRACTS Highest-paid employee | 40 | $126,909 | $14,571 |
| STEPHEN WIEL | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOYITA MUKHERJEE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOHN MOLLET | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SUJEESH KRISHNAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANIBAL DE ALMEIDA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DEMBA DIOP | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HILARY MCMAHON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MERRILL SHUGOLL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MARIE-VINCENTE PASDELOUP | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MIRKA DELLA CAVA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ROSE MUTISO | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ASTRID VERMEER | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTINE EGAN | CHIEF EXECUTIVE OFFICER Officer | 40 | $325,835 | $32,253 |
| FRED SHERMAN | CHIEF OPERATING OFFICER Officer | 40 | $242,734 | $26,208 |
| CORINNE SCHNEIDER | CHIEF COMM. & DVLPT. OFFICER Key employee | 40 | $227,690 | $24,715 |
| WENDY WEN | DIRECTOR OF FINANCE Highest-paid employee | 40 | $184,490 | $22,025 |
| NATE HARRIS | DIRECTOR OF HUMAN RESOURCES Highest-paid employee | 40 | $160,341 | $25,387 |
| ANA MARIA CARRENO | SR. DIRECTOR OF CLIMATE Highest-paid employee | 40 | $153,976 | $23,967 |
| MATEUSZ MALINOWSKI | DIRECTOR OF CLIMATE RESEARCH Highest-paid employee | 40 | $147,942 | $28,188 |
| JENNIFER CORRY SMITH | CHIEF OF PROGRAMS Key employee | 40 | $160,908 | $12,908 |
| ARI REEVES | SENIOR DIR. OF RESEARCH Highest-paid employee | 40 | $144,477 | $27,902 |
| STEPHEN WIEL | CHAIRMAN Trustee or director | 2 | $0 | $0 |
| JOHN MOLLET | SECRETARY Trustee or director | 1 | $0 | $0 |
| SUJEESH KRISHNAN | TREASURER Trustee or director | 1 | $0 | $0 |
| ANIBAL DE ALMEIDA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DEMBA DIOP | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HILARY MCMAHON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MERRILL SHUGOLL | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARIE-VINCENTE PASDELOUP | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MIRKA DELLA CAVA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ROSE MUTISO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JOYITA MUKHERJEE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ASTRID VERMEER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1401 K ST NW STE 1100, WASHINGTON, DC 20005-3457
- Principal officer (990 for 2024)
- FRED SHERMAN, 1401 K STREET NW 1100, WASHINGTON, DC 20005
- Signed the 990
- CHRISTINE EGAN, CHIEF EXECUTIVE OFFICER
- Phone
- (202) 750-5600
- Website
- WWW.CLASP.NGO
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
CLASP IMPROVES THE ENERGY AND ENVIRONMENTAL PERFORMANCE OF THE APPLIANCES AND EQUIPMENT WE USE EVERY DAY, ACCELERATING OUR TRANSITION TO A MORE SUSTAINABLE WORLD.
Program accomplishments
- CLEAN ENERGY ACCESS: CLASP SUPPORTS PROGRESS ON SUSTAINABLE DEVELOPMENT GOAL (SDG) 7 - AFFORDABLE, RELIABLE, SUSTAINABLE AND MODERN ENERGY FOR ALL. CLASP HELPS BUILD HEALTHY MARKETS FOR OFF-GRID SOLAR APPLIANCES AND EQUIPMENT BY DRIVING INNOVATION AND SALES IN EARLY-STAGE PRODUCT MARKETS; SURFACING DATA AND RESEARCH ON PRODUCT PERFORMANCE, MARKET TRENDS, AND CONSUMER PREFERENCES; ESTABLISHING TECHNICAL FOUNDATIONS FOR CONSUMER PROTECTION; BUILDING FINANCING MECHANISMS; AND ALIGNING SECTOR STAKEHOLDERS ACROSS THE VALUE-CHAIN. CLASP'S ENERGY ACCESS PROGRAMS INCLUDE THE EFFICIENCY FOR ACCESS COALITION, THE GLOBAL LEAP AWARDS, AND VERASOL QUALITY ASSURANCE, AMONG OTHER INITIATIVES.Expenses $14,100,150 · grants $4,294,264 · revenue $360,071
- CLIMATE: CLASP FOCUSES ON EVIDENCE-BASED PATHWAYS TO MITIGATE THE CLIMATE CRISIS AND PROMOTE UPTAKE OF SUPER-EFFICIENT TECHNOLOGIES. ENERGY-EFFICIENT APPLIANCES ARE ONE OF THE MOST COST-EFFECTIVE METHODS FOR MITIGATING CLIMATE CHANGE. THEY SAVE MONEY FOR GOVERNMENTS AND CONSUMERS, REDUCE PEAK ENERGY DEMAND, AND BOLSTER ECONOMIC AND ENERGY SECURITY. CLASP PARTNERS WITH GOVERNMENTS, INDUSTRY AND OTHER EXPERTS TO CATALYZE MARKETS FOR ENERGY EFFICIENT TECHNOLOGIES. OUR EXPERTISE INCLUDES:- TECHNOLOGY AND MARKET ASSESSMENTS- ENERGY EFFICIENCY AND PERFORMANCE POLICY ADVICE - CONSUMER PRODUCT LABELING- MARKET TRANSFORMATION PILOTS AND POLICY COMPLIANCE AND ENFORCEMENTExpenses $7,856,850
- RESEARCH: CLASP'S RESEARCH TEAM SPANS CLIMATE AND CLEAN ENERGY ACCESS AND WORKS TO IDENTIFY THE MOST IMPACTFUL AND INNOVATIVE OPPORTUNITIES TO IMPROVE CLIMATE MITIGATION, ADAPTATION, EQUITY, AND ENVIRONMENTAL JUSTICE AND PROTECTION. CLASP'S RESEARCH BRIDGES THE GAP BETWEEN ANALYSIS AND ACTION - DEVELOPING THOUGHT LEADERSHIP, MARKET MONITORING, CONSUMER RESEARCH, AND MANAGING TOOLS LIKE MESPY, WORLD'S BEST MEPS, AND THE CLASP POLICY RESOURCE CENTER.Expenses $1,077,408
- COMMUNICATION: CLASP COMMUNICATIONS ARE IMPACT-FOCUSED, DATA-BACKED AND REINFORCE THE MESSAGE THAT IMPROVING APPLIANCE EFFICIENCY IS A PROVEN, COST-EFFECTIVE SOLUTION TO SLASH CLIMATE EMISSIONS AND IMPROVE LIVES. OUR CHANNELS, CAMPAIGNS, AND EVENTS PROMOTE CASE STUDIES, SOUND POLICY RECOMMENDATIONS, INNOVATIVE TOOLS, AND GROUNDBREAKING RESEARCH TO ADVANCE APPLIANCE EFFICIENCY PLANS THAT DRIVE MEANINGFUL RESULTS. THE COMMUNICATIONS TEAM RAISES AWARENESS AND SUPPORTS ALL CLASP WORKSTREAMS.Expenses $927,235
- THE ENERGY ACCESS INSTITUTIONS FACILITY ("EAIF OR "THE FACILITY") IS A JOINT DONOR INITIATIVE THAT PROVIDES NON-EARMARKED, FLEXIBLE FUNDING TO MARKET INSTITUTIONS (MI'S) THAT STRENGTHEN MARKET HEALTH AND ACCELERATE GROWTH IN THE DISTRIBUTED RENEWABLE ENERGY (DRE) SECTOR, ENHANCING LONG-TERM SUSTAINABILITY AND REDUCING FUNDRAISING BURDENS. CLASP WAS DESIGNATED AS THE EAIF MANAGER. 2024 MARKED CLASP'S FIRST FULL YEAR IN THIS ROLE. DURING THE REPORTING PERIOD, CLASP DISTRIBUTED MORE THAN SEK 30.3 MILLION IN SUB-GRANTS TO MI'S INCLUDING TO THE VERASOL QUALITY ASSURANCE PROGRAM, A JOINT PROGRAM OF CLASP AND THE SCHATZ ENERGY RESEARCH CENTER AT CALIFORNIA STATE POLYTECHNIC UNIVERSITY. SPECIFICALLY, VERASOL RECEIVED AN ALLOCATION OF USD$ 483,540.77 FROM THE EAIF GRANT, WHICH INCLUDES $249,145 FOR FY 2024 AND $234,395 FOR FY 2025. THIS FUNDING SUPPORTS VERASOL'S INDEPENDENT QUALITY ASSURANCE FRAMEWORK FOR OFF-GRID SOLAR PRODUCTS, SUCH AS HOUSEHOLD APPLIANCES AND AGRICULTURAL EQUIPMENT. KEY ACTIVITIES INCLUDE THE TESTING, EVALUATION, AND CERTIFICATION OF SOLAR PRODUCTS, DEVELOPMENT OF TEST METHODS AND STANDARDS, AND TECHNICAL AND ANALYTICAL SUPPORT TO GOVERNMENTS, E.G. THE PROVISION OF DATA.Expenses $249,145 · revenue $249,145
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-1112770
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C35)
- Assets (IRS master file)
- $23,594,117
- Income (IRS master file)
- $28,948,146
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $28,948,146 | $26,779,509 | $23,594,117 | XML |
| 990 | December 2023 | $26,255,991 | $24,936,191 | $20,990,341 | XML |
| 990 | December 2022 | $21,103,602 | $20,891,075 | $22,730,125 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-1112770).
Questions about CLASP
- What is the EIN of CLASP?
- The employer identification number (EIN) of CLASP is 33-1112770.
- Is CLASP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to CLASP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLASP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CLASP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLASP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CLASP?
- The 990 for the year ended December 31, 2024 names FRED SHERMAN.
- Who are the officers and directors of CLASP?
- The 990 for the year ended December 31, 2024 lists 21 people; 9 received compensation from the organization, the highest $388,158 (CHRISTINE EGAN, CHIEF EXECUTIVE OFFICER).
- How much revenue does CLASP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $28,948,146, expenses of $26,779,509 and total assets of $23,594,117 at year end.
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