Nonprofit · EIN 93-2684544
CLIMATE ARC INC
Tax-exempt · DOVER, DE 19901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $44,432,743 | $22,985,689 | $21,447,054 | $30,450,458 | $6,401,850 | $24,048,608 |
| December 31, 2023 | 990 | $2,609,802 | $8,248 | $2,601,554 | $2,601,589 | $35 | $2,601,554 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $44,217,959
- Program service revenue
- $0
- Investment income
- $209,378
- Other revenue
- $5,406
Expenses
- Grants and similar amounts paid
- $14,495,141
- Compensation of officers, directors and key employees
- $809,899
- Other salaries and wages
- $2,842,701
- Salaries, compensation and benefits (total)
- $4,496,537
- Professional fundraising fees
- $0
- Legal fees
- $235,568
- Accounting fees
- $220,161
- Occupancy
- $125,188
- Travel
- $260,381
- Depreciation
- $52,005
- Program services (functional)
- $18,799,299
- Management and general (functional)
- $3,670,713
- Fundraising (functional)
- $515,677
Balance sheet and other
- Total assets, start of year
- $2,601,589
- Total assets, end of year
- $30,450,458
- Total liabilities, end of year
- $6,401,850
- Net assets, end of year
- $24,048,608
- Land, buildings and equipment
- $408,703
- Net assets without donor restrictions
- $24,048,608
- Gross receipts
- $44,432,743
- Employees
- 1
- Volunteers
- 2
- Year formed
- 2023
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MERYAM OMI | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 35 | $393,762 | $80,896 |
| BEATE VAN LOO- BORN | FORMER CCO Officer | 35 | $331,358 | $3,883 |
| FELIX Preston | Director of Research & Program Highest-paid employee | 35 | $241,005 | $50,073 |
| JOEL Paque | Head of Fundraising Highest-paid employee | 35 | $199,304 | $26,400 |
| Marta Guglielmetti | Former Director of Partnerships Highest-paid employee | 35 | $169,394 | $4,847 |
| KAYE Bettney | Director of People & Culture Highest-paid employee | 35 | $139,834 | $28,943 |
| Lukasz Mastalerz | Head of Technology Highest-paid employee | 35 | $124,455 | $0 |
| EMMA HOWARD-BOYD | CHAIR Trustee or director | 1 | $33,458 | $0 |
| DARLENE CURRIE | DIRECTOR Trustee or director | 1 | $9,807 | $0 |
| BILL BIEN | DIRECTOR Trustee or director | 1 | $2,422 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEATE VAN LOO-BORN | DIRECTOR Trustee or director, Officer | 1 | $0 |
| MERYAM OMI | DIRECTOR Trustee or director, Officer | 1 | $0 |
| EMMA HOWARD-BOYD | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8 THE GREEN SUITE B, DOVER, DE 19901-3618
- In care of
- % ELAINE MILLER
- Principal officer (990 for 2024)
- Richard Craig, 8 THE GREEN SUITE B, DOVER, DE 19901
- Signed the 990
- Richard Craig, HEAD OF BUSINESS OPS
- Phone
- (904) 224-9917
- Website
- HTTPS://CLIMATEARC.ORG/
- Return prepared by
- BDO USA
Mission
CLIMATE ARC INC. SEEKS TO PROVIDE SOLUTIONS TO THE PROBLEM OF CLIMATE CHANGE BY (1) DEVELOPING THE FRAMEWORKS, METHODOLOGIES, AND STANDARDS THAT GUIDE THE DIRECTION AND PACE OF FINANCIAL DECISIONS, (2) OPENING UP AND CURATING GLOBAL FLOWS OF DATA, INFORMATION, AND INSIGHTS, AND (3) UPSKILLING AND CREATING NETWORKS OF PEOPLE WORLDWIDE TO INTEGRATE CLIMATE SCIENCE INTO FINANCIAL DECISIONS.
Program accomplishments
- Partnerships and Impact - Covers the Grant making Program, which funds projects developing climate-finance tools, datasets, and methodologies (e.g., PACTA 2.0, Lobby Map, Resilient Planet Data Hub), and the Climate Finance Hub Brazil, a localized coalition focused on upskilling the Brazilian financial community and producing in-depth corporate climate-transition analysis.Expenses $15,525,701 · grants $14,495,141
- Research and Programs - Includes TransitionArc, a proprietary platform that aggregates climate-transition data and analysis to support financial institutions in assessing corporate climate performance, freely accessible to registered users.Expenses $2,507,093
- Communications and Engagement - Focuses on collaboration with financial institutions, nonprofits, and climate experts to promote common standards, share insights, and drive systemic change through communication campaigns and sector convenings.Expenses $766,505
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
- 93-2684544
- 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 (C01)
- Assets (IRS master file)
- $30,450,458
- Income (IRS master file)
- $44,432,743
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $44,432,743 | $22,985,689 | $30,450,458 | XML |
| 990 | December 2023 | $2,609,802 | $8,248 | $2,601,589 | XML |
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 93-2684544).
Questions about CLIMATE ARC INC
- What is the EIN of CLIMATE ARC INC?
- The employer identification number (EIN) of CLIMATE ARC INC is 93-2684544.
- Is CLIMATE ARC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to CLIMATE ARC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLIMATE ARC 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 CLIMATE ARC 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 CLIMATE ARC 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 CLIMATE ARC INC?
- The 990 for the year ended December 31, 2024 names Richard Craig.
- Who are the officers and directors of CLIMATE ARC INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 10 received compensation from the organization, the highest $393,762 (MERYAM OMI, CHIEF EXECUTIVE OFFICER).
- How much revenue does CLIMATE ARC INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $44,432,743, expenses of $22,985,689 and total assets of $30,450,458 at year end.
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