Carbon Offsets To Alleviate Poverty (EIN 274220630) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Timothy R Whitley

Phone

5108463384

Tax Period

2023-01-01 to 2023-12-31

Carbon Offsets To Alleviate Poverty, founded in 2010, is a small nonprofit in the Environment sector that reported $323K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $387K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE MISSION OF CARBON OFFSETS TO ALLEVIATE POVERTY (COTAP) IS TO EMPOWER INDIVIDUALS AND ORGANIZATIONS IN DEVELOPED COUNTRIES TO ADDRESS BOTH CLIMATE CHANGE AND GLOBAL POVERTY. COTAP COUNTERACTS YOUR CARBON EMISSIONS THROUGH CERTIFIED FORESTRY PROJECTS IN LEAST-DEVELOPED REGIONS WHICH CREATE TRANSPARENT, ACCOUNTABLE, AND LIFE- CHANGING EARNINGS FOR RURAL FARMING COMMUNITIES WHERE INCOME LEVELS ARE LESS THAN $2 PER DAY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $321,176

Program Service Revenue $0

Investment Income $2,075

Other Revenue $0

TOTAL REVENUE $323,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,141

Fundraising Expenses $0

Program Expenses $290,559

Other Expenses $323,037

TOTAL EXPENSES $387,178

Year-over-Year Comparison

	2023	2022	Change
Revenue	$323,251	$360,304	-0.1%
Expenses	$387,178	$410,213	-0.1%
Net Income	$-63,927	$-49,909	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$59,583

Total Directors

$59,583

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Timothy R Whitley	CEO	45.00	Officer Director	$59,583	$0	$59,583
Steve Wolf	Secretary	1.00	Director	$0	$0	$0
David Minor	Director	1.00	Director	$0	$0	$0
Philip A Curry	CFO	1.00	Officer	$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
2024	No data	No data	No data	No data
2023	$323,251	$387,178	$189,371	$-63,927
2022	$360,304	$410,213	$291,116	$-49,909
2021	$528,144	$478,650	$402,849	$49,494
2020	$254,990	$204,650	$186,315	$50,340
2019	$210,950	$215,743	$162,581	$-4,793

Carbon Offsets To Alleviate Poverty