Climate Access Fund Corporation
EIN: 824597787 · Baltimore, MD · NTEE: C60
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $303K |
| Net Assets | $1.9M |
Is Climate Access Fund Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Climate Access Fund Corporation
Climate Access Fund Corporation (EIN: 824597787) is a nonprofit organization based in Baltimore, MD, classified under NTEE code C60. The organization reported total revenue of $404K and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Climate Access Fund Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Climate Access Fund Corporation is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $173K |
| Total Expenses | $303K |
| Surplus / Deficit | $-129,603 |
| Total Assets | $2.2M |
| Total Liabilities | $350K |
| Net Assets | $1.9M |
| Operating Margin | -74.8% |
| Debt-to-Asset Ratio | 15.8% |
| Months of Reserves | 88.0 months |
Financial Health Grade: B
In 2023, Climate Access Fund Corporation reported a deficit of $130K with expenses exceeding revenue, holds 88.0 months of operating reserves (strong position), has a debt-to-asset ratio of 15.8% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Climate Access Fund Corporation's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.9% | +41.7% | +9.1% |
| 2022 | +16.1% | -16.0% | +16.5% |
| 2021 | -54.0% | +44.1% | +11.5% |
| 2020 | +25.2% | +1.0% | +93.1% |
| 2019 | +216.3% | +288.2% | +275.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Climate Access Fund Corporation 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 Climate Access Fund Corporation 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 deficit of $130K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.8%.
Frequently Asked Questions about Climate Access Fund Corporation
Is Climate Access Fund Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Climate Access Fund Corporation (EIN: 824597787) insufficient data. 0 red flags identified, 0 strengths noted.
How does Climate Access Fund Corporation spend its money?
Detailed spending breakdown data is not yet available for Climate Access Fund Corporation. Check back for updated IRS 990 analysis.
Are donations to Climate Access Fund Corporation tax-deductible?
Climate Access Fund Corporation is registered as a tax-exempt nonprofit (EIN: 824597787). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Climate Access Fund Corporation located?
Climate Access Fund Corporation is headquartered in Baltimore, Maryland and files with the IRS under EIN 824597787. It is classified under NTEE code C60.
How many years of IRS 990 filings does Climate Access Fund Corporation have?
Climate Access Fund Corporation has 6 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 $404K in total revenue.
Filing History
IRS 990 filing history for Climate Access Fund Corporation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Climate Access Fund Corporation's revenue has declined by 27.9%, moving from $240K to $173K. Total assets increased by 927.6% over the same period, from $216K to $2.2M. Total functional expenses rose by 573.1%, from $45K to $303K. In its most recent filing year (2023), Climate Access Fund Corporation reported a deficit of $130K, with expenses exceeding revenue. The organization holds $350K in liabilities against $2.2M in assets (debt-to-asset ratio: 15.8%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $173K | $303K | $2.2M | $350K | — | — |
| 2022 | $509K | $214K | $2.0M | $3K | — | View 990 |
| 2021 | $438K | $254K | $1.7M | $6K | — | View 990 |
| 2020 | $953K | $177K | $1.6M | $10K | — | — |
| 2019 | $761K | $175K | $812K | $30K | — | View 990 |
| 2018 | $240K | $45K | $216K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $173K, expenses of $303K, and assets of $2.2M (revenue -65.9% year-over-year).
- 2022: Revenue of $509K, expenses of $214K, and assets of $2.0M (revenue +16.1% year-over-year).
- 2021: Revenue of $438K, expenses of $254K, and assets of $1.7M (revenue -54.0% year-over-year).
- 2020: Revenue of $953K, expenses of $177K, and assets of $1.6M (revenue +25.2% year-over-year).
- 2019: Revenue of $761K, expenses of $175K, and assets of $812K (revenue +216.3% year-over-year).
- 2018: Revenue of $240K, expenses of $45K, and assets of $216K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Climate Access Fund Corporation:
Data Sources and Methodology
This transparency report for Climate Access Fund Corporation 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.