Skip to main content

Nonprofit · EIN 47-5068496

COOL EFFECT INC

Also known as COOL EFFECT

Tax-exempt · GREENBRAE, CA 94904

Financials

$21.1M$21.4M2023$14.6M$15.6M2024
Revenue Expenses · by fiscal year end
Financials of COOL EFFECT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$14,590,555$15,604,765-$1,014,210$6,027,945$2,170,865$3,857,080
June 30, 2024990$21,068,410$21,356,903-$288,493$7,320,152$2,430,432$4,889,720
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$14,387,797
Program service revenue
$122,794
Investment income
$79,964
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$1,155,016
Salaries, compensation and benefits (total)
$1,173,751
Professional fundraising fees
$0
Legal fees
$9,457
Accounting fees
$23,720
Occupancy
$122,747
Travel
$76,537
Depreciation
$183,063
Program services (functional)
$15,463,407
Management and general (functional)
$141,358

Balance sheet and other

Total assets, start of year
$7,320,152
Total assets, end of year
$6,027,945
Total liabilities, end of year
$2,170,865
Net assets, end of year
$3,857,080
Land, buildings and equipment
$3,122
Publicly traded securities
$252,295
Net assets without donor restrictions
$3,857,080
Gross receipts
$14,590,555
Employees
9
Volunteers
10
Year formed
2015
State of legal domicile
DE

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Jodi ManningCEO
Trustee or director, Officer
0$0$373,224
Blake LawrenceMarketing Mgr0$0$161,902
JR PattersonController0$0$125,075
Mike BruceCFO/COO
Trustee or director, Officer
5$0$117,737
RICHARD H LAWRENCE JRCo-Founder
Trustee or director, Officer
10$0$0
DEE LAWRENCECo-Founder
Trustee or director, Officer
10$0$0
SKYE LAWRENCEDirector
Trustee or director
1$0$0
Dr Robert DubrowAdvisory Board
Trustee or director
1$0$0
Hector MoralesAdvisory Board
Trustee or director
1$0$0
Dr Michael WaraAdvisory Board
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgs
Jodi ManningMarketing
Officer
40$0$373,224
Blake LawrenceMarketing Mgr0$0$161,902
JR PattersonController0$0$125,075
Mike BruceCFO/COO
Officer
20$0$117,737
RICHARD H LAWRENCE JRCo-Founder
Trustee or director, Officer
2$0$0
DEE LAWRENCECo-Founder
Trustee or director, Officer
40$0$0
SKYE LAWRENCEDirector
Trustee or director, Officer
2$0$0
Dr Robert DubrowAdvisory Board
Trustee or director
0.5$0$0
Hector MoralesAdvisory Board
Trustee or director
0.5$0$0
Dr Michael WaraAdvisory Board
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
100 DRAKES LANDING RD STE 260, GREENBRAE, CA 94904-3121
In care of
% INVERNESS COUNSEL
Principal officer (990 for 2024)
RICHARD H LAWRENCE JR, 100 Drakes Landing 260, Greenbrae, CA 94904
Signed the 990
RICHARD H LAWRENCE JR, Co-Founder
Phone
(415) 454-2665
Return prepared by
REGALIA BERGER & BERGER CPAS

California records

California keeps its own records of charities and corporations. Search them by EIN 47-5068496 or by the name COOL EFFECT INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $15,463,407
  • 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.

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-5068496
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C60)
Assets (IRS master file)
$6,027,945
Income (IRS master file)
$14,590,555

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$14,590,555$15,604,765$6,027,945XML
990June 2024$21,068,410$21,356,903$7,320,152IRS
990June 2023$18,784,571$19,168,969$8,181,551IRS
990June 2022$19,212,039$18,714,007$6,719,079IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 47-5068496).

Questions about COOL EFFECT INC

What is the EIN of COOL EFFECT INC?
The employer identification number (EIN) of COOL EFFECT INC is 47-5068496.
Is COOL EFFECT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to COOL EFFECT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COOL EFFECT INC 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 COOL EFFECT INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COOL EFFECT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of COOL EFFECT INC?
The 990 for the year ended June 30, 2025 names RICHARD H LAWRENCE JR.
Who are the officers and directors of COOL EFFECT INC?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does COOL EFFECT INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $14,590,555, expenses of $15,604,765 and total assets of $6,027,945 at year end.

Other nonprofits in GREENBRAE

All nonprofits in GREENBRAE · California · Environment