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Nonprofit · EIN 93-2117635

CASCADE CLIMATE INC

Tax-exempt · SOMERVILLE, MA 02143

Financials

$3.6M$732K2023$5.7M$3.1M2024
Revenue Expenses · by fiscal year end
Financials of CASCADE CLIMATE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,675,000$3,095,955$2,579,045$5,661,115$203,539$5,457,576
December 31, 2023990$3,610,033$731,502$2,878,531$2,878,782$251$2,878,531
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,675,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$400,862
Other salaries and wages
$1,976,127
Salaries, compensation and benefits (total)
$2,217,082
Professional fundraising fees
$0
Occupancy
$91,851
Travel
$152,666
Program services (functional)
$2,603,398
Management and general (functional)
$379,908
Fundraising (functional)
$112,649

Balance sheet and other

Total assets, start of year
$2,878,782
Total assets, end of year
$5,661,115
Total liabilities, end of year
$203,539
Net assets, end of year
$5,457,576
Net assets without donor restrictions
$4,407,576
Net assets with donor restrictions
$1,050,000
Gross receipts
$5,675,000
Employees
17
Year formed
2023
State of legal domicile
MA

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 / weekCompensationOther / benefits
David EllisCEO
Officer
40$248,624$7,269
Vilas RaoDirector of Operations
Key employee
40$228,459$8,432
Zhixin WangChief Programs Officer
Highest-paid employee
0$186,460$14,057
Jenny MillsCo-Founder
Highest-paid employee
0$142,055$1,308
Tannis SullivanSenior Program Director
Highest-paid employee
0$124,651$4,985
Bradley RochlinProgram Manager
Highest-paid employee
0$110,435$3,577
Elena CavalleroDirector
Trustee or director, Institutional trustee
2$0$0
Anil SoniPresident
Trustee or director
2$0$0
Antonius GagernClerk
Trustee or director
2$0$0
Elaine HsiehTreasurer
Institutional trustee
2$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
David EllisCEO
Officer
40$133,830
Vilas RaoDirector of Operations
Key employee
40$90,879
Antonius GagernClerk
Trustee or director
2$0
Anil SoniPresident
Trustee or director
2$0
Elena CavalleroDirector
Trustee or director, Institutional trustee
2$0
Elaine HsiehTreasurer
Institutional trustee
2$0

Address and contacts

Address (IRS master file)
444 SOMERVILLE AVE STE 2, SOMERVILLE, MA 02143-3270
In care of
% DAVID O ELLIS
Principal officer (990 for 2024)
David Ellis, 77 Highland Road, Somerville, MA 02144
Signed the 990
DAVID O ELLIS, CEO
Phone
(401) 373-0068
Return prepared by
Gregory Csikos CPA PC

Mission

To accelerate progress in interventions that harness Earths natural systems to stabilize the climate.

990 for the year ended December 31, 2024

Program accomplishments

  • Enhanced Rock Weathering is a natural system climate intervention which accelerates the existing chemical weathering reactions to durably remove CO2 from the atmosphere. Cascade helps remove the biggest bottlenecks inhibiting ERWs progress by coordinating ambitious cross-sector initiatives, building tools and infrastructure that unlock cycles of learning-by-doing, and resourcing high-leverage R&D and policy work.
    Expenses $2,603,398 · grants $400,862 · revenue $5,675,000

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
93-2117635
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
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C05)
Assets (IRS master file)
$5,661,115
Income (IRS master file)
$5,675,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,675,000$3,095,955$5,661,115XML
990December 2023$3,610,033$731,502$2,878,782XML

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 93-2117635).

Questions about CASCADE CLIMATE INC

What is the EIN of CASCADE CLIMATE INC?
The employer identification number (EIN) of CASCADE CLIMATE INC is 93-2117635.
Is CASCADE CLIMATE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to CASCADE CLIMATE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CASCADE CLIMATE 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 CASCADE CLIMATE INC 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 CASCADE CLIMATE INC 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 CASCADE CLIMATE INC?
The 990 for the year ended December 31, 2024 names David Ellis.
Who are the officers and directors of CASCADE CLIMATE INC?
The 990 for the year ended December 31, 2024 lists 10 people; 6 received compensation from the organization, the highest $248,624 (David Ellis, CEO).
How much revenue does CASCADE CLIMATE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,675,000, expenses of $3,095,955 and total assets of $5,661,115 at year end.

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