Climate Generation
Climate Generation experiences recent deficit despite strong asset growth and zero officer compensation.
EIN: 20712905 · Minneapolis, MN · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $861K |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Climate Generation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Climate Generation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Climate Generation
Climate Generation (EIN: 20712905) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code B99. The organization reported total revenue of $861K and total assets of $750K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Climate Generation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Climate Generation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-373,989 |
| Total Assets | $1.5M |
| Total Liabilities | $317K |
| Net Assets | $1.2M |
| Operating Margin | -28.4% |
| Debt-to-Asset Ratio | 21.1% |
| Months of Reserves | 10.7 months |
Financial Health Grade: B
In 2023, Climate Generation reported a deficit of $374K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 21.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Climate Generation's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.2% | +11.5% | -9.5% |
| 2022 | -14.3% | +26.4% | +5.5% |
| 2021 | +51.4% | +17.5% | +49.8% |
| 2020 | +15.7% | +16.4% | +43.0% |
| 2019 | +33.0% | +6.4% | +30.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Climate Generation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Climate Generation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $374K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with revenues exceeding $1 million annually.
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 Climate Generation's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202308) by over $370,000.
- Significant increase in liabilities from $98,668 in 202208 to $317,018 in 202308.
Strengths
The following positive indicators were identified for Climate Generation:
- Consistent 0% officer compensation across all reported periods, indicating strong commitment to mission spending.
- Substantial asset growth over the past decade, from $405,320 in 201408 to $1,505,412 in 202308.
- History of strong revenue generation, exceeding $1 million annually for several years.
- Positive net assets, indicating financial solvency.
Frequently Asked Questions about Climate Generation
Is Climate Generation a legitimate charity?
Climate Generation (EIN: 20712905) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $861K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Climate Generation spend its money?
Climate Generation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Climate Generation tax-deductible?
Climate Generation is registered as a tax-exempt nonprofit (EIN: 20712905). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Climate Generation CEO make?
Climate Generation's highest-compensated officer earns $1 annually. The organization reported $861K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Climate Generation's spending goes to programs?
Climate Generation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Climate Generation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Climate Generation is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Climate Generation located?
Climate Generation is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 20712905. It is classified under NTEE code B99.
How many years of IRS 990 filings does Climate Generation have?
Climate Generation has 13 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 $861K in total revenue.
Is Climate Generation financially stable given the recent deficit?
While the 202308 period showed expenses exceeding revenue by over $370,000, Climate Generation has a substantial asset base of $1,505,412, which provides a buffer. The organization has also demonstrated periods of significant surplus in prior years (e.g., 202108), suggesting a capacity for recovery. Continued monitoring of future filings is recommended.
How does Climate Generation fund its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that key leadership roles may be filled by volunteers, or compensated through other means not classified as officer compensation on the 990, or that the organization prioritizes directing all funds to program and operational staff.
What caused the significant increase in liabilities in 202308?
Liabilities increased from $98,668 in 202208 to $317,018 in 202308. Without access to the full 990 form, the specific reasons for this increase (e.g., new loans, deferred revenue, accounts payable) cannot be determined, but it warrants further investigation.
Filing History
IRS 990 filing history for Climate Generation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Climate Generation's revenue has grown by 212%, moving from $422K to $1.3M. Total assets increased by 464.9% over the same period, from $267K to $1.5M. Total functional expenses rose by 305.1%, from $418K to $1.7M. In its most recent filing year (2023), Climate Generation reported a deficit of $374K, with expenses exceeding revenue. The organization holds $317K in liabilities against $1.5M in assets (debt-to-asset ratio: 21.1%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.7M | $1.5M | $317K | — | View 990 |
| 2022 | $1.6M | $1.5M | $1.7M | $99K | — | View 990 |
| 2021 | $1.8M | $1.2M | $1.6M | $66K | — | View 990 |
| 2020 | $1.2M | $1.0M | $1.1M | $176K | — | View 990 |
| 2019 | $1.0M | $878K | $736K | $49K | — | View 990 |
| 2018 | $787K | $825K | $566K | $47K | — | View 990 |
| 2017 | $938K | $763K | $596K | $39K | — | View 990 |
| 2016 | $721K | $753K | $460K | $77K | — | View 990 |
| 2015 | $680K | $629K | $468K | $52K | — | View 990 |
| 2014 | $610K | $480K | $405K | $40K | — | View 990 |
| 2013 | $585K | $482K | $283K | $48K | — | View 990 |
| 2012 | $380K | $457K | $177K | $45K | — | View 990 |
| 2011 | $422K | $418K | $267K | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.7M, and assets of $1.5M (revenue -16.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $1.7M (revenue -14.3% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.2M, and assets of $1.6M (revenue +51.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.0M, and assets of $1.1M (revenue +15.7% year-over-year).
- 2019: Revenue of $1.0M, expenses of $878K, and assets of $736K (revenue +33.0% year-over-year).
- 2018: Revenue of $787K, expenses of $825K, and assets of $566K (revenue -16.1% year-over-year).
- 2017: Revenue of $938K, expenses of $763K, and assets of $596K (revenue +30.1% year-over-year).
- 2016: Revenue of $721K, expenses of $753K, and assets of $460K (revenue +6.1% year-over-year).
- 2015: Revenue of $680K, expenses of $629K, and assets of $468K (revenue +11.4% year-over-year).
- 2014: Revenue of $610K, expenses of $480K, and assets of $405K (revenue +4.2% year-over-year).
- 2013: Revenue of $585K, expenses of $482K, and assets of $283K (revenue +53.8% year-over-year).
- 2012: Revenue of $380K, expenses of $457K, and assets of $177K (revenue -9.9% year-over-year).
- 2011: Revenue of $422K, expenses of $418K, and assets of $267K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Climate Generation:
Data Sources and Methodology
This transparency report for Climate Generation 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.