Climate Solutions Action Fund
Nonprofit profile at a glance
- EIN
- 365016879
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Seattle, WA, USA
- Phone
- 2064439570
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $538,000
- Expenses
- $389,308
- Assets
- $321,083
- Liabilities
- $102,576
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- AISLING KERINS (BOARD PRESIDENT)
- GREGG SMALL (EXECUTIVE DIRECTOR)
People named in this filing
- AISLING KERINS (BOARD PRESIDENT)
- MARC DAUDON (SECRETARY)
- EDIE GILLISS (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The climate solutions action fund works to speed up and complete a virtuous cycle of effective policy leading to real progress on the ground, shifting public perception about climate and clean energy, and creating an environment of political accountability and positive politics around climate change in the pacific northwest.
What it reported doing in 2024
The climate solutions action fund works to speed up and complete a virtuous cycle of effective policy leading to real progress on the ground, shifting public perception about climate and clean energy, and creating an environment of political accountability and positive politics around climate change in the pacific northwest. Policy - we will secure good policies and implement them equitably and swiftly with investments at scale. Progress - we will achieve tangible progress with physical solutions that make peoples' lives better.perception - we will make progress in changing public perception with real stories of the progress happening on the ground in our communities.politics - with progress on the ground and thus more positive public perception, an increasing number of elected officials and candidates will embrace our policies. More and more candidates and elected officials will talk up (rather than run from) and actively support climate action.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 65% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 86
- Accountability: 82
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.4%; rating input score 65
- Program expense ratio: 90.4%; rating input score 90
- Fundraising efficiency: $227.48 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 91.3%; rating input score 91; 39th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 27.6%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 0.82; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 51% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 57.3% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 36.5% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 65.4% of revenue deployed · 90.4% of spending went to programs
- Governance: 6 of 6 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $352K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors and grants
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 23/100.