The Climate Group Inc

Nonprofit profile at a glance

EIN
432073566
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
6462330550
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$3,326,433
Expenses
$3,348,283
Assets
$440,215
Liabilities
$650,635

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • WILLIAM RITTER JR (CHAIR & PRESIDENT)
  • DOUGLAS LAWRENCE (VICE PRESIDENT)
  • ANGELA BARRANCO (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ANGELA BARRANCO (EXECUTIVE DIRECTOR): $243,505 total reported compensation
  • SYDNEY SNOW (HEAD OF PROGRAMS): $158,454 total reported compensation
  • ADAM LAKE (HEAD OF COMMUNICATIONS): $148,167 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Climate group advances climate action by mobilizing business and government leadership to drive systemic decarbonization across energy, transport, and industry, while engaging the public through large-scale convenings and global platforms. Through programs such as climate week nyc, re100, ev100, ev100+, and industrial decarbonization initiatives, climate group catalyzes market demand, influences policy and investment, and accelerates the adoption of clean technologies to reduce greenhouse gas emissions and support a just transition to a low-carbon economy.

What it reported doing in 2024

Climate week nyc and u.s. Leaders' forum: climate week nyc is climate group's flagship convening platform advancing climate action through public engagement, cross-sector collaboration, and leadership programming. In fy25, climate week nyc delivered 1,007 official events and engaged 100,000+ participants across New York city. The program generated 13,100 media mentions across 2,900 outlets, with an estimated global reach exceeding 26 billion, and reached 94 million people through digital engagement. Climate group also delivered the hub live, featuring 220 speakers and 5,573 total participants (2,534 in-person; 3,039 virtual), representing 1,754 organizations, 148 governments, 85 countries, and 47 u.s. States.the u.s. Leaders' forum is climate group's north america-focused leadership convening, held in Washington, d.c., that brings together senior decision-makers from business, government, and civil society to advance implementation-oriented climate collaboration. In fy25, the u.s. Leaders' forum strengthened cross-sector coordination and helped align stakeholders around actionable priorities, supporting progress on clean energy adoption, zero-emission transport, and industrial decarbonization across the united states and north america.clean energy transition (re100): climate group's clean energy program accelerates the global transition to renewable electricity by mobilizing corporate demand and supporting enabling market and policy conditions. The program includes re100, a global initiative of 400+ companies across 120 markets committed to sourcing 100% renewable electricity by 2050 at the latest.in fy25, re100 member companies reported sourcing approximately 50% renewable electricity on average. Collectively, re100 members represent renewable electricity demand greater than the total electricity consumption of france, demonstrating the program's significant influence on global clean energy markets and emissions reductions.ev100 / ev100+ / steel programming: climate group's transport and industrial programs accelerate decarbonization by leveraging corporate leadership to shift procurement, investment, and supply chains toward zero-emission solutions. The program includes ev100, comprising 120+ companies across 117 markets committed to electrifying vehicle fleets and installing charging infrastructure by 2030. In fy25, ev100 members had deployed 600,000+ electric vehicles and installed 31,000+ charging points.the program also includes ev100+, focused on transitioning medium- and heavy-duty vehicles to zero-emission solutions by 2040 across oecd markets, india, and china. In addition, climate group advanced industrial decarbonization through steel programming, supporting corporate demand signals and collaboration to accelerate production and procurement of low-carbon steel.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 74% for direct work, and 26% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 17
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.6%; rating input score 71
  • Program expense ratio: 70.1%; rating input score 70
  • Fundraising efficiency: $26.53 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Pass
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 72nd 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: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.7%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 1.48; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 19.8%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 13.3% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 7.9% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: 70.6% of revenue deployed · 70.1% of spending went to programs
  • Governance: 10 of 10 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.3M in reported program spending
  • Leadership: top reported pay $244K · 14 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.