CENTER FOR GREEN MARKET ACTIVATION

EIN: 992868509 501(c)(3) Science & Technology

WASHINGTON, DC

Total Revenue
$7,321,130
Total Expenses
$6,574,547
Total Assets
$8,548,106
Net Assets
$6,651,336
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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
DC
Principal Officer
KIMBERLY CARNAHAN
Phone
2026885270
Tax Period
2025-01-01 to 2025-12-31

CENTER FOR GREEN MARKET ACTIVATION, founded in 2024, is a community nonprofit in the Science & Technology sector that reported $7.3M in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $6.6M left a modest 10% surplus.

Mission

TO PROMOTE THE UPTAKE OF LOW-CARBON AND ZERO-CARBON FUELS AND MATERIALS IN HIGH-EMITTING AND HARD-TO DECARBONIZE SECTORS, AS A MEANS OF COMBATTING CLIMATE CHANGE AND ITS ADVERSE IMPACTS ON THE ENVIRONMENT AND PUBLIC HEALTH.

Program Service Accomplishments

Program 1
Expenses: $1,391,204 Revenue: $697,992

AVIATION - THE ORGANIZATION SERVES AS THE SECRETARIAT FOR THE SUSTAINABLE AVIATION BUYERS ALLIANCE (SABA), A PARTNERSHIP WITH RMI AND EDF THAT ACCELERATES THE PATH TO NET ZERO AIR TRANSPORT BY...

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AVIATION - THE ORGANIZATION SERVES AS THE SECRETARIAT FOR THE SUSTAINABLE AVIATION BUYERS ALLIANCE (SABA), A PARTNERSHIP WITH RMI AND EDF THAT ACCELERATES THE PATH TO NET ZERO AIR TRANSPORT BY DRIVING INVESTMENT INTO HIGH QUALITY SAF, CATALYZING NEW SAF PRODUCTION AND TECHNOLOGICAL INNOVATION, AND SUPPORTING MEMBER ENGAGEMENT IN POLICYMAKING.

Program 2
Expenses: $1,267,930 Revenue: $50,000

CONCRETE AND CEMENT - THE ORGANIZATION PARTNERS WITH RMI ON THIS INITIATIVE TO FACILITATE CAPITAL DEPLOYMENT TOWARDS LOW-CARBON CEMENT AND CONCRETE, ENABLING DRAMATIC REDUCTIONS TO EMBODIED EMISSIONS...

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CONCRETE AND CEMENT - THE ORGANIZATION PARTNERS WITH RMI ON THIS INITIATIVE TO FACILITATE CAPITAL DEPLOYMENT TOWARDS LOW-CARBON CEMENT AND CONCRETE, ENABLING DRAMATIC REDUCTIONS TO EMBODIED EMISSIONS IN THE BUILT ENVIRONMENT. THIS INITIATIVE WILL OPERATE IN TWO PHASES: FIRST LEADING A DIVERSE WORKING GROUP TO DESIGN A CREDIBLE MEASUREMENT AND BOOK AND CLAIM SYSTEM AND SUBSEQUENTLY ESTABLISHING AND COORDINATING A COLLECTIVE PROCUREMENT PROCESS FOR BOTH PHYSICAL AND ATTRIBUTE OFFTAKE.

Program 3
Expenses: $812,306 Revenue: $115,000

HEAVY DUTY TRUCKING - THE ORGANIZATION COORDINATES AND MANAGES GMA TRUCKING, A BUYERS ALLIANCE FOR ZERO EMISSIONS TRUCKING SERVICE ATTRIBUTES WITH THE GOAL OF ACCELERATING THE DECARBONIZATION OF...

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HEAVY DUTY TRUCKING - THE ORGANIZATION COORDINATES AND MANAGES GMA TRUCKING, A BUYERS ALLIANCE FOR ZERO EMISSIONS TRUCKING SERVICE ATTRIBUTES WITH THE GOAL OF ACCELERATING THE DECARBONIZATION OF HEAVY-DUTY TRUCKING. GMA TRUCKING, WITH SUPPORT FROM ITS STRATEGIC PARTNER, THE SMART FREIGHT CENTRE, IS SUPPORTING FIRST-OF-THEIR-KIND, SCALABLE PARTNERSHIPS FOCUSED ON GETTING BATTERY ELECTRIC VEHICLE (BEV) AND FUEL CELL ELECTRIC VEHICLE (FCEV) CLASS 8 TRUCKS ON THE ROAD.

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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 (2025)

Revenue Breakdown

Contributions & Grants $5,277,500
Program Service Revenue $1,987,988
Investment Income $41,384
Other Revenue $14,258
TOTAL REVENUE $7,321,130

Expense Breakdown

Grants Paid $944,500
Salaries & Benefits $4,629,047
Fundraising Expenses $247,499
Program Expenses $5,579,006
Other Expenses $1,001,000
TOTAL EXPENSES $6,574,547

Year-over-Year Comparison

2025 2024 Change
Revenue $7,321,130 $8,651,115 -0.2%
Expenses $6,574,547 $2,746,362 +1.4%
Net Income $746,583 $5,904,753 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
5
Employees
27
Volunteers
5

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
$1,150,793
Total Directors
6
$601,525
Key Employees
1
$380,308
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIM CARNAHAN CEO, BOARD MEMBER 40.00
Officer Director
$581,797 $19,728 $601,525
INGRID IRIGOYEN BOARD MEMBER 1.00
Director
$0 $0 $0
ALEXIA KELLY BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA CHURIE KALLHAUGE BOARD MEMBER 1.00
Director
$0 $0 $0
KELLEY KIZZIER BOARD MEMBER 1.00
Director
$0 $0 $0
KATHRYN ALSEGAF BOARD MEMBER 1.00
Director
$0 $0 $0
ELLEN PALMER CHIEF FINANCE & OPERATIONS OFFICER 40.00
Officer
$253,513 $41,089 $294,602
KARI PEDERSON STRATEGY & EXTERNAL AFFAIRS OFFICER 40.00
Officer
$231,438 $23,228 $254,666
ANDRE DE FONTAINE MANAGING DIRECTOR 40.00
Key Emp
$330,850 $49,458 $380,308
JACQUELINE BREW SENIOR MANAGER 40.00
Highest
$202,900 $24,373 $227,273
JOAN GIBBONS PROGRAM MANAGER 40.00
Highest
$174,392 $18,606 $192,998
CLAYTON GERBER PROGRAM MANAGER 40.00
Highest
$189,010 $20,518 $209,528
ASHINI KHETPAL PROGRAM MANAGER 40.00
Highest
$174,852 $23,685 $198,537
ALISON GREENE COMMUNICATIONS MANAGER 40.00
Highest
$163,900 $23,952 $187,852
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 $7,321,130 $6,574,547 $8,548,106 $746,583
2024 $8,651,115 $2,746,362 $6,026,094 $5,904,753
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