Cool Effect Inc (EIN 475068496) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

RICHARD H LAWRENCE JR

Phone

4154542665

Tax Period

2022-07-01 to 2023-06-30

Cool Effect Inc, founded in 2015, is a mid-sized nonprofit in the Environment sector that reported $18.8M in total revenue in fiscal year 2022.

Mission

Cool Effect's mission is to help cool the earth by supporting verified carbon reducing projects across the globe through crowd funding.

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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 (2022)

Revenue Breakdown

Contributions & Grants $18,629,202

Program Service Revenue $140,000

Investment Income $15,369

Other Revenue $0

TOTAL REVENUE $18,784,571

Expense Breakdown

Grants Paid $121,450

Salaries & Benefits $940,545

Fundraising Expenses $0

Program Expenses $19,006,486

Other Expenses $18,106,974

TOTAL EXPENSES $19,168,969

Year-over-Year Comparison

	2022	2021	Change
Revenue	$18,784,571	$19,212,039	0.0%
Expenses	$19,168,969	$18,714,007	+0.0%
Net Income	$-384,398	$498,032	-1.8%

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

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

$471,151

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jodi Manning	CEO	40.00	Officer	$0	$0	$359,209
JR Patterson	Controller	0.00		$0	$0	$116,507
Mike Bruce	CFO/COO	40.00	Officer	$0	$0	$111,942
RICHARD H LAWRENCE JR	Co-Founder	2.00	Officer Director	$0	$0	$0
DEE LAWRENCE	Co-Founder	40.00	Officer Director	$0	$0	$0
SKYE LAWRENCE	Director	2.00	Officer Director	$0	$0	$0
Dr Robert Dubrow	Advisory Board	0.50	Director	$0	$0	$0
Pavel Molchanov	Advisory Board	0.50	Director	$0	$0	$0
Hector Morales	Advisory Board	0.50	Director	$0	$0	$0
Dr Michael Wara	Advisory Board	0.50	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$18,784,571	$19,168,969	$8,181,551	$-384,398
2022	$19,212,039	$18,714,007	$6,719,079	$498,032
2021	$10,629,134	$9,139,620	$7,010,790	$1,489,514
2020	$9,439,081	$10,237,240	$4,696,241	$-798,159
2019	$5,847,902	$8,096,702	$5,179,518	$-2,248,800

Cool Effect Inc