Advocates For Climate Innovation
Advocates For Climate Innovation faces recent significant deficits despite substantial past revenues, drawing down assets.
EIN: 133748063 · New York, NY · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.6M |
| Total Expenses | $4.1M |
| Program Spending | 80% |
| Net Assets | $18.6M |
| Transparency Score | 70/100 |
Is Advocates For Climate Innovation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Advocates For Climate Innovation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Advocates For Climate Innovation
Advocates For Climate Innovation (EIN: 133748063) is a nonprofit organization based in New York, NY, classified under NTEE code T23. The organization reported total revenue of $12.6M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advocates For Climate Innovation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Advocates For Climate Innovation is a large nonprofit that has been operating for 32 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $4.1M |
| Surplus / Deficit | $-3,049,021 |
| Total Assets | $19.9M |
| Total Liabilities | $1.3M |
| Net Assets | $18.6M |
| Operating Margin | -297.9% |
| Debt-to-Asset Ratio | 6.4% |
| Months of Reserves | 58.5 months |
Financial Health Grade: B
In 2023, Advocates For Climate Innovation reported a deficit of $3.0M with expenses exceeding revenue, holds 58.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Advocates For Climate Innovation's revenue has declined at a compound annual growth rate (CAGR) of -8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.7% | -9.9% | +1.3% |
| 2022 | -91.2% | +74.8% | -26.5% |
| 2021 | +25.2% | -42.2% | +11.2% |
| 2020 | -23.4% | -50.7% | +3.5% |
| 2019 | +22.8% | +55.5% | -8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Advocates For Climate Innovation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Advocates For Climate Innovation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, directors, or trustees, which is highly unusual for an organization of its size and revenue, suggesting either volunteer leadership or compensation is reported under other expense categories.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Advocates For Climate Innovation's IRS 990 filings:
- Significant and sustained deficits in recent years (e.g., $3M+ deficit in 2023, $3.7M+ deficit in 2022).
- Declining asset base from $26.6M in 2021 to $19.8M in 2023, suggesting reliance on reserves.
- Unusually consistent 0% officer compensation for an organization of this scale, which may obscure actual leadership compensation.
Strengths
The following positive indicators were identified for Advocates For Climate Innovation:
- Historically strong revenue generation, reaching over $9 million in multiple years.
- Substantial asset base ($19.8M in 2023) provides a buffer against recent deficits.
- Consistent reporting of 0% officer compensation, indicating a potential commitment to minimizing executive pay or volunteer leadership.
Frequently Asked Questions about Advocates For Climate Innovation
Is Advocates For Climate Innovation a legitimate charity?
Advocates For Climate Innovation (EIN: 133748063) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 9 years of IRS 990 filings on record. Total revenue: $12.6M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Advocates For Climate Innovation spend its money?
Advocates For Climate Innovation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Advocates For Climate Innovation tax-deductible?
Advocates For Climate Innovation is registered as a tax-exempt nonprofit (EIN: 133748063). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Advocates For Climate Innovation's spending goes to programs?
Advocates For Climate Innovation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Advocates For Climate Innovation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Advocates For Climate Innovation is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Advocates For Climate Innovation located?
Advocates For Climate Innovation is headquartered in New York, New York and files with the IRS under EIN 133748063. It is classified under NTEE code T23.
How many years of IRS 990 filings does Advocates For Climate Innovation have?
Advocates For Climate Innovation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $12.6M in total revenue.
Why has Advocates For Climate Innovation experienced significant deficits in 2022 and 2023?
In 2023, expenses ($4,072,533) were nearly four times revenue ($1,023,512), and in 2022, expenses ($4,519,810) were almost six times revenue ($759,619). This could be due to a decline in donations, a strategic decision to spend down reserves for specific projects, or a shift in funding cycles.
What is the reason for the consistent 0% officer compensation reported?
Reporting 0% officer compensation for an organization with revenues reaching over $9 million in some years is highly unusual. It suggests that leadership may be entirely volunteer-based, or that compensation for key personnel is categorized differently (e.g., as program staff salaries) and not reported under 'officer compensation' on the 990.
How has the organization's asset base changed over time?
Assets peaked at $26,681,648 in 2021 but have since declined to $19,852,346 by 2023, indicating a reduction in reserves or investments, likely to cover operational deficits.
Is the organization financially stable given the recent deficits?
While the organization has substantial assets ($19,852,346 in 2023), the recent trend of expenses significantly exceeding revenue in 2022 and 2023 raises concerns about long-term financial stability if this pattern continues without a corresponding increase in income or reduction in spending.
Filing History
IRS 990 filing history for Advocates For Climate Innovation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Advocates For Climate Innovation's revenue has declined by 66.7%, moving from $3.1M to $1.0M. Total assets decreased by 16.4% over the same period, from $23.8M to $19.9M. Total functional expenses rose by 8.1%, from $3.8M to $4.1M. In its most recent filing year (2023), Advocates For Climate Innovation reported a deficit of $3.0M, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $19.9M in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $18.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $4.1M | $19.9M | $1.3M | — | View 990 |
| 2022 | $760K | $4.5M | $19.6M | $1.0M | — | — |
| 2021 | $8.6M | $2.6M | $26.7M | $869K | — | View 990 |
| 2020 | $6.9M | $4.5M | $24.0M | $4.9M | — | View 990 |
| 2019 | $9.0M | $9.1M | $23.2M | $7.4M | — | View 990 |
| 2014 | $7.3M | $5.8M | $25.2M | $0 | — | View 990 |
| 2013 | $3.7M | $3.4M | $23.7M | $0 | — | View 990 |
| 2012 | $3.7M | $4.0M | $23.4M | $0 | — | View 990 |
| 2011 | $3.1M | $3.8M | $23.8M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $4.1M, and assets of $19.9M (revenue +34.7% year-over-year).
- 2022: Revenue of $760K, expenses of $4.5M, and assets of $19.6M (revenue -91.2% year-over-year).
- 2021: Revenue of $8.6M, expenses of $2.6M, and assets of $26.7M (revenue +25.2% year-over-year).
- 2020: Revenue of $6.9M, expenses of $4.5M, and assets of $24.0M (revenue -23.4% year-over-year).
- 2019: Revenue of $9.0M, expenses of $9.1M, and assets of $23.2M (revenue +22.8% year-over-year).
- 2014: Revenue of $7.3M, expenses of $5.8M, and assets of $25.2M (revenue +98.7% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.4M, and assets of $23.7M (revenue +0.6% year-over-year).
- 2012: Revenue of $3.7M, expenses of $4.0M, and assets of $23.4M (revenue +19.3% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.8M, and assets of $23.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Advocates For Climate Innovation:
Data Sources and Methodology
This transparency report for Advocates For Climate Innovation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.