Breakthrough Energy Foundation

EIN: 853672460 501(c)(3) Public & Societal Benefit

KIRKLAND, WA

Total Revenue
$115,229,753
Total Expenses
$107,742,439
Total Assets
$149,387,605
Net Assets
$144,961,050
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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
2020
Legal Domicile
DE
Phone
4254974300
Tax Period
2023-01-01 to 2023-12-31

Breakthrough Energy Foundation, founded in 2020, is a major nonprofit in the Public & Societal Benefit sector that reported $115.2M in total revenue in fiscal year 2023. Revenue surged 2051% from the prior year, signaling strong growth momentum. Expenses of $107.7M left a modest 6% surplus.

Mission

Working with our world-class network of innovators, business and industry leaders, and policy experts, we accelerate the innovation of climate technologies at every stage - from discovery to development to deployment.

Program Service Accomplishments

Program 1
Expenses: $63,723,505 Revenue: $0

The world's economic and energy policies are built around technologies that emit greenhouse gases. That must change. We develop and advocate for smart policies that public and private sector leaders...

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The world's economic and energy policies are built around technologies that emit greenhouse gases. That must change. We develop and advocate for smart policies that public and private sector leaders can implement to support clean energy solutions.

Program 2
Expenses: $43,527,907 Revenue: $0

Many of the solutions we need to build a clean energy future are either in their infancy or do not yet exist. So, the first step in out-innovating climate change is to support solutions where they...

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Many of the solutions we need to build a clean energy future are either in their infancy or do not yet exist. So, the first step in out-innovating climate change is to support solutions where they start: discovery. Our global Breakthrough Energy Fellows Program offers early-stage innovators support to bridge the gap from lab to market.

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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 $110,900,255
Program Service Revenue $0
Investment Income $4,201,447
Other Revenue $128,051
TOTAL REVENUE $115,229,753

Expense Breakdown

Grants Paid $96,480,930
Salaries & Benefits $0
Fundraising Expenses $82,583
Program Expenses $107,251,412
Other Expenses $11,261,509
TOTAL EXPENSES $107,742,439

Year-over-Year Comparison

2023 2022 Change
Revenue $115,229,753 $5,356,937 +20.5%
Expenses $107,742,439 $124,246,345 -0.1%
Net Income $7,487,314 $-118,889,408 -1.1%
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
2
Independent Members
2
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A MANAGING DIRECTOR 2.0
Officer Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A SECRETARY & TREASURER 6.0
Officer
$0 $0 $0
N/A EVP 4.0
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 $115,229,753 $107,742,439 $149,387,605 $7,487,314
2022 $5,356,937 $124,246,345 $151,460,317 $-118,889,408
2021 $265,222,424 $798,762 $265,129,750 $264,423,662
2021 $53,009,802 $63,309,136 $272,263,093 $-10,299,334
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