NEARZERO

EIN: 273849204 501(c)(3) Public & Societal Benefit

SEATTLE, WA

Total Revenue
$180,012
Total Expenses
$157,697
Total Assets
$105,033
Net Assets
$97,195
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
WA
Principal Officer
KAREN FRIES
Phone
2067796102
Tax Period
2018-01-01 to 2018-12-31

NEARZERO, founded in 2010, is a small nonprofit in the Public & Societal Benefit sector that reported $180K in total revenue in fiscal year 2018. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $158K left a modest 12% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO MITIGATE ANTHROPOGENIC CLIMATE CHANGE THROUGH SCIENTIFIC INQUIRY AND BY SERVING AS A SOURCE OF INFORMATION FOR SCIENTIFICALLY GROUNDED POLICY DECISIONS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $150,000
Program Service Revenue $30,000
Investment Income $12
Other Revenue $0
TOTAL REVENUE $180,012

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $139,098
Other Expenses $157,697
TOTAL EXPENSES $157,697

Year-over-Year Comparison

2018 2017 Change
Revenue $180,012 $308,902 -0.4%
Expenses $157,697 $269,896 -0.4%
Net Income $22,315 $39,006 -0.4%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

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
3
Independent Members
3
Employees
N/A
Volunteers
1

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN FRIES EXEC. DIRECTOR/TREASURER 10.00
Director
$0 $0 $0
STEVEN J DAVIS DIRECTOR/PRESIDENT 1.00
Director
$0 $0 $0
MICHAEL MASTRANDREA CO-EXECUTIVE DIRECTOR/VP/SECRETARY 10.00
Director
$0 $0 $0
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
2018 $180,012 $157,697 $105,033 $22,315
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