EVERGREEN CLIMATE INNOVATIONS

EIN: 272378677 501(c)(3) Environment

CHICAGO, IL

Total Revenue
$3,672,788
Total Expenses
$3,168,634
Total Assets
$19,236,717
Net Assets
$15,696,591
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Principal Officer
MICHELLE CARR
Phone
7737423418
Tax Period
2024-01-01 to 2024-12-31

EVERGREEN CLIMATE INNOVATIONS, founded in 2010, is a community nonprofit in the Environment sector that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. Expenses of $3.2M left a modest 14% surplus.

Mission

WE DEPLOY PATIENT CAPITAL FOR A WORLD THAT CAN'T AFFORD TO WAIT. WE CULTIVATE EARLY POTENTIAL: INVESTING WHERE OTHERS SEE RISK, WE TURN POSSIBILITY INTO REALITY. WE CONNECT THE CLIMATE ECOSYSTEM: BRINGING TOGETHER INNOVATORS, INVESTORS, AND INSTITUTIONS, WE HARNESS THE MIDWEST'S POTENTIAL. WE CATALYZE OUTSIZED IMPACT: INVESTING WITH AGILITY AND EFFICIENCY, WE UNCOVER THE CLIMATE SOLUTIONS THAT WILL CHANGE THE WORLD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,500,104
Program Service Revenue $232,997
Investment Income $-60,313
Other Revenue $0
TOTAL REVENUE $3,672,788

Expense Breakdown

Grants Paid $115,000
Salaries & Benefits $2,053,441
Fundraising Expenses $459,919
Program Expenses $2,483,695
Other Expenses $1,000,193
TOTAL EXPENSES $3,168,634

Year-over-Year Comparison

2024 2023 Change
Revenue $3,672,788 $1,937,956 +0.9%
Expenses $3,168,634 $3,098,560 +0.0%
Net Income $504,154 $-1,160,604 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
11
Volunteers
35

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$384,481
Total Directors
13
$0
Key Employees
2
$598,030
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY FRANCETIC BOARD CHAIRWOMAN / FORMER CEO 1.00
Officer Director
$0 $0 $0
KAREN KERR TREASURER 1.00
Officer Director
$0 $0 $0
TIM STOJKA DEVELOPMENT CHAIR 1.00
Officer Director
$0 $0 $0
SANJEEV KRISHNAN BOARD MEMBER 1.00
Director
$0 $0 $0
COLLEEN CALHOUN BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS O'NEILL BOARD MEMBER 1.00
Director
$0 $0 $0
MAGGIE PAKULA BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY YINGLING BOARD MEMBER 1.00
Director
$0 $0 $0
DR CHERYL MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW SCHWERTFEGER BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL STAR BOARD MEMBER 1.00
Director
$0 $0 $0
KISHORE RAO BOARD MEMBER 1.00
Director
$0 $0 $0
NOELLE LAING BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE CARR CEO 40.00
Officer
$357,500 $26,981 $384,481
PAUL SEIDLER MANAGING PARTNER 40.00
Key Emp
$285,990 $28,037 $314,027
IAN ADAMS MANAGING PARTNER 40.00
Key Emp
$256,434 $27,569 $284,003
SHASHANK CHURUKANTI SENIOR ANALYST 40.00
Highest
$190,128 $26,598 $216,726
MARC ALTMAN DIRECTOR OF DEVELOPMENT 40.00
Highest
$179,843 $26,510 $206,353
ESTELLE M RICHARDS DIRECTOR OF OPERATIONS 40.00
Highest
$150,874 $15,250 $166,124
DYLAN J O'REILLY SENIOR PROGRAM MANAGER 40.00
Highest
$119,576 $10,882 $130,458
RACHEL L SEBALD DIRECTOR OF MARKETING & COMMUNICATIONS 40.00
Highest
$106,439 $7,625 $114,064
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,672,788 $3,168,634 $19,236,717 $504,154
2023 $1,937,956 $3,098,560 $15,377,405 $-1,160,604
2022 $4,404,859 $2,788,904 $15,417,166 $1,615,955
2021 $4,384,622 $2,109,911 $8,886,958 $2,274,711
2020 $1,382,266 $1,657,939 $5,517,927 $-275,673
2019 $2,479,951 $1,927,443 $5,819,005 $552,508
2018 $2,662,371 $2,162,101 $5,228,207 $500,270
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