CLIMABLE INC

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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

2012

Legal Domicile

Principal Officer

SHANNONLEE MISSION

Phone

6179348170

Tax Period

2023-01-01 to 2023-12-31

CLIMABLE INC, founded in 2012, is a small nonprofit in the Environment sector that reported $579K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

TO MAKE CLIMATE SCIENCE AND CLEAN ENERGY UNDERSTANDABLE AND ACTIONABLE FOR EVERYONE. CLIMABLE DOES THIS BY ORGANIZING COMMUNITY-BASED CLEAN ENERGY ACCESSIBILITY PROGRAMS, DEVELOPING MATERIALS, TEACHING CLIMATE PROGRAMMING, AND FACILITATING STAKEHOLDER ENGAGEMENT EFFORTS.CLIMABLE'S END GOALS ARE ENERGY DEMOCRACY (PUBLIC PARTICIPATION IN THE ENERGY TRANSITION) AND CLIMATE RESILIENCE (IMPROVED AVENUES FOR ANTICIPATING, PREPARING FOR, AND RESPONDING TO CLIMATE DISASTERS). IN OTHER WORDS, WE EMPOWER PEOPLE TO COMBAT CLIMATE CHANGE WHILE PREPARING FOR ITS IMPACTS. TO ACHIEVE THIS, CLIMABLE FOCUSES ON FOUR ACTIONS: 1)DEVELOP AND DISSEMINATE FACTUAL, EASY-TO-UNDERSTAND INFORMATION FOR ALL;2) EDUCATE AND TRAIN FUTURE LEADERS IN THE FIELD; 3)PROVIDE SUPPORT FOR ENVIRONMENTALLY CONSCIOUS ORGANIZATIONS; AND 4) ORGANIZE COMMUNITY-BASED CLEAN ENERGY ACCESSIBILITY PROGRAMS, WITH A FOCUS IN THE NEW ENGLAND AREA.

Program Service Accomplishments

Program 1

Expenses: $519,777

ORGANIZATION AND PROMOTION OF EDUCATIONAL AND SCIENTIFIC PURPOSES. TO SUPPORT THE ORGANIZATION'S DAILY OPERATIONS DURING THE YEAR.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $453,658

Program Service Revenue $122,702

Investment Income $2,566

Other Revenue $0

TOTAL REVENUE $578,926

Expense Breakdown

Grants Paid $0

Salaries & Benefits $401,678

Fundraising Expenses $12,564

Program Expenses $519,777

Other Expenses $180,231

TOTAL EXPENSES $581,909

Year-over-Year Comparison

	2023	2022	Change
Revenue	$578,926	$628,535	-0.1%
Expenses	$581,909	$369,567	+0.6%
Net Income	$-2,983	$258,968	-1.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

110

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASA AULIN AHLBERG	DIRECTOR	1.00	Director	$0	$0	$0
MARY CUSTIC	DIRECTOR/BOARD CHAIR	5.00	Director	$0	$0	$0
CAROLYN GILLETTE	DIRECTOR	1.00	Director	$0	$0	$0
GABRIELLE LAPORTA	DIRECTOR/TREASURER	1.00	Director	$0	$0	$0
MARJORIE MORALES	DIRECTOR	1.00	Director	$0	$0	$0
AWINJA MARY OTIATO	DIRECTOR	1.00	Officer Director	$0	$0	$0
NICOLE ANNE BARNA	DIRECTOR	1.00	Director	$0	$0	$0
SOLONI DAGA	DIRECTOR	1.00	Director	$0	$0	$0
JEANNIE RAMEY	DIRECTOR	1.00	Director	$0	$0	$0
SAMANTHA SHARMA	DIRECTOR/SECRETARY	1.00	Director	$0	$0	$0
EMILY HWANG	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$578,926	$581,909	$388,261	$-2,983
2022	$628,535	$369,567	$386,471	$258,968