Climate Arc Inc
EIN: 932684544 · Dover, DE · NTEE: C01
| Metric | Value |
|---|---|
| Total Revenue | $44.4M |
| Total Expenses | $8K |
| Net Assets | $2.6M |
Is Climate Arc Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Climate Arc Inc
Climate Arc Inc (EIN: 932684544) is a nonprofit organization based in Dover, DE, classified under NTEE code C01. The organization reported total revenue of $44.4M and total assets of $30.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Climate Arc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Climate Arc Inc is a large nonprofit that has been operating for 2 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $8K |
| Surplus / Deficit | +$2.6M |
| Total Assets | $2.6M |
| Total Liabilities | $35 |
| Net Assets | $2.6M |
| Operating Margin | 99.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3785.0 months |
Financial Health Grade: A
In 2023, Climate Arc Inc reported a surplus of $2.6M with revenue exceeding expenses, holds 3785.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Climate Arc 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 Climate Arc 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 $2.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Climate Arc Inc
Is Climate Arc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Climate Arc Inc (EIN: 932684544) insufficient data. 0 red flags identified, 0 strengths noted.
How does Climate Arc Inc spend its money?
Detailed spending breakdown data is not yet available for Climate Arc Inc. Check back for updated IRS 990 analysis.
Are donations to Climate Arc Inc tax-deductible?
Climate Arc Inc is registered as a tax-exempt nonprofit (EIN: 932684544). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Climate Arc Inc located?
Climate Arc Inc is headquartered in Dover, Delaware and files with the IRS under EIN 932684544. It is classified under NTEE code C01.
Filing History
IRS 990 filing history for Climate Arc Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Climate Arc Inc reported a surplus of $2.6M, with revenue exceeding expenses. The organization holds $35 in liabilities against $2.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $8K | $2.6M | $35 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Climate Arc Inc:
Data Sources and Methodology
This transparency report for Climate Arc 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.