Skip to main content

Nonprofit · EIN 88-3587010

CLIMATE EQUITY ACTION FUND

Tax-exempt · WASHINGTON, DC 20005

Financials

$230K$58K2023$11.6M$10.4M2024
Revenue Expenses · by fiscal year end
Financials of CLIMATE EQUITY ACTION FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,593,121$10,361,856$1,231,265$4,316,567$2,913,515$1,403,052
December 31, 2023990$230,000$58,213$171,787$223,150$51,363$171,787
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$11,593,121
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$9,440,000
Compensation of officers, directors and key employees
$26,388
Other salaries and wages
$553,566
Salaries, compensation and benefits (total)
$713,123
Professional fundraising fees
$0
Legal fees
$30,758
Accounting fees
$29,885
Occupancy
$3,565
Travel
$13,856
Depreciation
$12,991
Program services (functional)
$9,823,949
Management and general (functional)
$427,350
Fundraising (functional)
$110,557

Balance sheet and other

Total assets, start of year
$223,150
Total assets, end of year
$4,316,567
Total liabilities, end of year
$2,913,515
Net assets, end of year
$1,403,052
Net assets without donor restrictions
$1,403,052
Gross receipts
$11,593,121
Employees
0
Volunteers
3
Year formed
2022
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.

NameTitleHours / weekCompensation
ROGER KIMPRESIDENT - UNTIL 04/2024
Trustee or director, Officer
4$0
MICHELLE DEPASSCHAIR
Trustee or director, Officer
4$0
JULIE FERNANDESTREASURER
Trustee or director, Officer
4$0
SARAH CHRISTIANSENSECRETARY
Trustee or director, Officer
4$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ROGER KIMPRESIDENT
Trustee or director, Officer
0.4$0
SARAH CHRISTIANSENSECRETARY
Trustee or director, Officer
0.4$0
JULIE FERNANDESTREASURER
Trustee or director, Officer
0.4$0

Address and contacts

Address (IRS master file)
1100 13TH ST NW STE 800, WASHINGTON, DC 20005-4281
In care of
% ROGER KIM
Principal officer (990 for 2024)
ANDREA CRISTINA MERCADO, 1100 13TH ST NW 800, WASHINGTON, DC 20005
Signed the 990
ANDREA CRISTINA MERCADO, PRESIDENT & CEO
Phone
(202) 595-1061
990-N for 2022 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Roger Kim, 1629 K Street NW Ste 300, Washington DC 20006. Mailing address: 1629 K Street NW Ste 300, Washington DC 20006.
Return prepared by
CBIZ ADVISORS LLC

Mission

THE CLIMATE EQUITY ACTION FUND (CEAF) WORKS HAND-IN-HAND WITH COMMUNITY-BASED PARTNERS IN CRITICAL STATES ACROSS THE COUNTRY TO SECURE AND SUSTAIN POLICY WINS FOR CLIMATE AND CLEAN ENERGY. BUILDING ON OVER A DECADE OF TRUST WITH LEADING INDEPENDENT ADVOCACY ORGANIZATIONS IN EACH STATE, WE DEPLOY STRATEGIC GRANTS AND TECHNICAL ASSISTANCE TO BUILD A BROAD AND DIVERSE BASE OF SUPPORT THAT ACHIEVES RESULTS. THE EQUITY ACTION FUND ALSO SELECTIVELY HELPS ELECT CLEAN ENERGY CHAMPIONS TO PUBLIC OFFICE.

990 for the year ended December 31, 2024

Program accomplishments

  • GRANT PROGRAMS: GRANTMAKING, POLICY RESEARCH, STRATEGIC COMMUNICATIONS, AND TECHNICAL ASSISTANCE THAT INCREASE THE IMPACT, EFFICACY AND SCALE OF COMMUNITY-LED NON-PARTISAN CIVIC PARTICIPATION AND POLICY ADVOCACY.TECHNICAL ASSISTANCE WITH THE DEVELOPMENT AND DEPLOYMENT OF VOTER MODELING AND OTHER SPECIALIZED RESOURCES.
    Expenses $9,720,707 · grants $9,440,000
  • POLICY ACCELERATOR: DONOR ADVISING AND GRANTMAKING THAT PROPELS MULTI-RACIAL VOTER SUPPORT TO ELECT CLIMATE CHAMPIONS AND SECURE POLICY WINS FOR CLIMATE ACTION AND CLEAN ENERGY BY INCREASING THE VOTE SHARE, POLITICAL POWER AND POLICY RESPONSIVENESS TO BLACK, INDIGENOUS, LATINX, AAPI, IMMIGRANT, AND LOW-WEALTH MULTIRACIAL COMMUNITIES.
    Expenses $103,242

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-3587010
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C01)
Assets (IRS master file)
$4,316,567
Income (IRS master file)
$11,593,121

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,593,121$10,361,856$4,316,567IRS
990December 2023$230,000$58,213$223,150XML
990-N for 2022
Officer: Roger Kim
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2022≤ $50,000 receipts––e-Postcard

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 88-3587010).

Questions about CLIMATE EQUITY ACTION FUND

What is the EIN of CLIMATE EQUITY ACTION FUND?
The employer identification number (EIN) of CLIMATE EQUITY ACTION FUND is 88-3587010.
Is CLIMATE EQUITY ACTION FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2024.
Are donations to CLIMATE EQUITY ACTION FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CLIMATE EQUITY ACTION FUND 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 CLIMATE EQUITY ACTION FUND 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 CLIMATE EQUITY ACTION FUND 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 CLIMATE EQUITY ACTION FUND?
The 990 for the year ended December 31, 2024 names ANDREA CRISTINA MERCADO.
Who are the officers and directors of CLIMATE EQUITY ACTION FUND?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does CLIMATE EQUITY ACTION FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,593,121, expenses of $10,361,856 and total assets of $4,316,567 at year end.

Other nonprofits in WASHINGTON

All nonprofits in WASHINGTON · District of Columbia · Environment