TRUSTED CLIMATE DATA INITIATIVE INC

EIN: 832748245 501(c)(3)

CAMBRIDGE, MA

Total Revenue
$152
Total Expenses
$652
Total Assets
$5,525
Net Assets
$-4,475
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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
2018
Legal Domicile
MA
Principal Officer
DANIEL HARPLE
Phone
4019352896
Tax Period
2023-01-01 to 2023-12-31

TRUSTED CLIMATE DATA INITIATIVE INC, founded in 2018, is a micro nonprofit that reported $152 in total revenue in fiscal year 2023. Revenue surged 794% from the prior year, signaling strong growth momentum. Expenses of $652 exceeded revenue, resulting in a 329% operating deficit.

Mission

CONVENING THE GLOBAL COMMONS TO ACCELERATE POSITIVE CLIMATE ACTION. TRUSTED CLIMATE DATA INITIATIVE EXISTS TO ORGANIZE MASSIVE AND OTHERWISE DISAGGREGATED DATASETS TO PROVIDE A PUBLICLY ACCESSIBLE DATA PLATFORM THAT WILL CONNECT ALL THE WORLD'S CLIMATE DATA. THE TCDI DATA PLATFORM WILL ALSO ATTEST TO THE SOURCES OF DATA AND VERIFY THAT THE DATA FROM THE SOURCE IS PROTECTED AND FREE FROM MANIPULATION. THE RESULTING PLATFORM AND ITS UTILZATION BY INCREASING NUMBERS OF PARTICIPANTS WILL DRIVE NEW AND IMPROVED SOLUTIONS TO ACCELERATE AND SCALE THE MITIGATION OF THE NEGATIVE EFFECTS OF CLIMATE CHANGE.

Program Service Accomplishments

Program 1

ENHANCEMENT ACTION PROJECT 1 - SCIENCE-BASED, DATA DRIVEN METHODS FOR IMPROVING US INVENTORIES AND REPORTING ON EMISSIONS OF INDUSTRIAL HALOCARBON GREENHOUSE GASES

Program 2

ENHANCEMENT ACTION PROJECT 2 - CREATION, DEVELOPMENT, AND RELEASE OF HIGH-RESOLUTION PRODUCTS FOR CARBON MONITORING SYSTEMS

Program 3

ENHANCEMENT ACTION PROJECT 3 - DEVELOPMENT AND LAUNCH OF TRUSTED BIG DATA SOURCES AND ANALYTICS USING MACHINE LEARNING AND ARTIFICIAL INTELLIGENCE TO DELIVER THE NORTH AMERICAN OIL AND GAS CLIMATE...

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ENHANCEMENT ACTION PROJECT 3 - DEVELOPMENT AND LAUNCH OF TRUSTED BIG DATA SOURCES AND ANALYTICS USING MACHINE LEARNING AND ARTIFICIAL INTELLIGENCE TO DELIVER THE NORTH AMERICAN OIL AND GAS CLIMATE IMPACT INDEX (OCI2)

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $152
Other Revenue $0
TOTAL REVENUE $152

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $652
TOTAL EXPENSES $652

Year-over-Year Comparison

2023 2022 Change
Revenue $152 $17 +7.9%
Expenses $652 $1,538 -0.6%
Net Income $-500 $-1,521 -0.7%
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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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL HARPLE PRESIDENT 1.00
Officer Director
$0 $0 $0
KEVIN TIDWELL DIRECTOR 1.00
Director
$0 $0 $0
MARISA DE BELLOY DIRECTOR 1.00
Director
$0 $0 $0
BRUCE HATHAWAY TREASURER 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
2023 $152 $652 $5,525 $-500
2022 $17 $1,538 $6,025 $-1,521
2021 No data $15,621 $7,546 No data
2020 $150,000 $185,278 $23,167 $-35,278
2019 $1,400,000 $1,351,555 $50,924 $48,445
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