Alliance For Climate Transition Inc
EIN: 261281012 · Somerville, MA · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $2.7M |
| Net Assets | $641K |
Is Alliance For Climate Transition Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alliance For Climate Transition Inc
Alliance For Climate Transition Inc (EIN: 261281012) is a nonprofit organization based in Somerville, MA, classified under NTEE code S40. The organization reported total revenue of $3.5M and total assets of $890K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alliance For Climate Transition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alliance For Climate Transition Inc is a mid-size nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$320K |
| Total Assets | $927K |
| Total Liabilities | $286K |
| Net Assets | $641K |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 30.8% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2023, Alliance For Climate Transition Inc reported a surplus of $320K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 30.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Alliance For Climate Transition Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.4% | +30.1% | +53.9% |
| 2022 | +31.0% | +34.8% | -13.5% |
| 2021 | +6.9% | -1.5% | +60.0% |
| 2020 | -12.4% | -1.6% | -6.4% |
| 2019 | +10.8% | +5.8% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alliance For Climate Transition Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alliance For Climate Transition Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $320K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.8%.
Frequently Asked Questions about Alliance For Climate Transition Inc
Is Alliance For Climate Transition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alliance For Climate Transition Inc (EIN: 261281012) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alliance For Climate Transition Inc spend its money?
Detailed spending breakdown data is not yet available for Alliance For Climate Transition Inc. Check back for updated IRS 990 analysis.
Are donations to Alliance For Climate Transition Inc tax-deductible?
Alliance For Climate Transition Inc is registered as a tax-exempt nonprofit (EIN: 261281012). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alliance For Climate Transition Inc located?
Alliance For Climate Transition Inc is headquartered in Somerville, Massachusetts and files with the IRS under EIN 261281012. It is classified under NTEE code S40.
How many years of IRS 990 filings does Alliance For Climate Transition Inc have?
Alliance For Climate Transition Inc has 12 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 $3.5M in total revenue.
Filing History
IRS 990 filing history for Alliance For Climate Transition Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Alliance For Climate Transition Inc's revenue has grown by 244.8%, moving from $889K to $3.1M. Total assets increased by 414.8% over the same period, from $180K to $927K. Total functional expenses rose by 254%, from $775K to $2.7M. In its most recent filing year (2023), Alliance For Climate Transition Inc reported a surplus of $320K, with revenue exceeding expenses. The organization holds $286K in liabilities against $927K in assets (debt-to-asset ratio: 30.8%), resulting in net assets of $641K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.7M | $927K | $286K | — | — |
| 2022 | $2.2M | $2.1M | $602K | $282K | — | View 990 |
| 2021 | $1.7M | $1.6M | $697K | $465K | — | View 990 |
| 2020 | $1.6M | $1.6M | $435K | $317K | — | View 990 |
| 2019 | $1.8M | $1.6M | $465K | $329K | — | View 990 |
| 2018 | $1.6M | $1.5M | $416K | $457K | — | View 990 |
| 2017 | $821K | $700K | $205K | $338K | — | View 990 |
| 2016 | $865K | $1.0M | $199K | $454K | — | View 990 |
| 2014 | $622K | $653K | $249K | $210K | — | View 990 |
| 2013 | $649K | $704K | $297K | $227K | — | View 990 |
| 2012 | $691K | $697K | $261K | $137K | — | View 990 |
| 2011 | $889K | $775K | $180K | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.7M, and assets of $927K (revenue +39.4% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.1M, and assets of $602K (revenue +31.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $697K (revenue +6.9% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.6M, and assets of $435K (revenue -12.4% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.6M, and assets of $465K (revenue +10.8% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.5M, and assets of $416K (revenue +96.9% year-over-year).
- 2017: Revenue of $821K, expenses of $700K, and assets of $205K (revenue -5.0% year-over-year).
- 2016: Revenue of $865K, expenses of $1.0M, and assets of $199K (revenue +39.0% year-over-year).
- 2014: Revenue of $622K, expenses of $653K, and assets of $249K (revenue -4.2% year-over-year).
- 2013: Revenue of $649K, expenses of $704K, and assets of $297K (revenue -6.0% year-over-year).
- 2012: Revenue of $691K, expenses of $697K, and assets of $261K (revenue -22.3% year-over-year).
- 2011: Revenue of $889K, expenses of $775K, and assets of $180K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alliance For Climate Transition Inc:
Data Sources and Methodology
This transparency report for Alliance For Climate Transition Inc 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.