Low Carbon Fuels Coalition
- Assets
- $434.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-3595102
Organization Overview
Low Carbon Fuels Coalition is located in Sacramento, CA. The organization was established in 2016. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Low Carbon Fuels Coalition is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Low Carbon Fuels Coalition generated $1.1m in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 86.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CORPORATION IS TO ENGAGE IN ACTIVITIES WHICH IMPROVE BUSINESS CONDITIONS IN THE LOW CARBON FUELS INDUSTRY, INCLUDING BUT NOT NECESSARILY LIMITED TO MONITORING , COMMUNICATING , AND ADVOCATING ON POLICY ISSUES IMPORTANT TO THE LOW CARBON FUELS INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED POLICY TRACING REPORTS ON A BI-WEEKLY BASIS. HELD AN ANNUAL MEETING VIRTUALLY. PROVIDED IN PERSON AND VIRTUAL OUTREACH ON ISSUES TO DRIVE INDUSTRY CONSENSUS.
PROVIDED POLICY TRACING REPORTS ON A BI-WEEKLY BASIS. HELD AN ANNUAL MEETING VIRTUALLY. PROVIDED IN PERSON AND VIRTUAL OUTREACH ON ISSUES TO DRIVE INDUSTRY CONSENSUS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Barry Director | Trustee | 1 | $0 |
Jordan Haverly Director | Trustee | 1 | $0 |
Dingeman Kooijman Director | Trustee | 1 | $0 |
Ashley Beaty Director | Trustee | 1 | $0 |
Amy Brown Director | Trustee | 1 | $0 |
John Thornton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $489,886 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $579,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,069,386 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,101,553 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $300 |
| Fees for services: Accounting | $34,666 |
| Fees for services: Lobbying | $5,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $884,076 |
| Advertising and promotion | $4,418 |
| Office expenses | $99 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,345 |
| Travel | $39,212 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,839 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $601 |
| All other expenses | $7,531 |
| Total functional expenses | $1,159,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,593 |
| Savings and temporary cash investments | $2,704 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $182,583 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,316 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $434,196 |
| Accounts payable and accrued expenses | $50,709 |
| Grants payable | $0 |
| Deferred revenue | $254,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $305,209 |
| Net assets without donor restrictions | -$136,013 |
| Net assets with donor restrictions | $265,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $434,196 |