Gridlab Inc
- Assets
- $780.1k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Berkeley, CA
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 82-4198360
Organization Overview
Gridlab Inc is located in Berkeley, CA. The organization was established in 2019. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2021, Gridlab Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gridlab Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Gridlab Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 39.9% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRIDLAB PROVIDES TECHNICAL GRID EXPERTISE TO ENHANCE POLICY DECISION-MAKING AND TO ENSURE A RAPID TRANSITION TO A RELIABLE, COST EFFECTIVE, AND LOW CARBON FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRIDLAB PROVIDES TECHNICAL GRID EXPERTISE TO ENHANCE POLICY DECISION-MAKING AND TO ENSURE A RAPID TRANSITION TO A RELIABLE, COST EFFECTIVE, AND LOW CARBON FUTURE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ric O'connell President & Ed | OfficerTrustee | 40 | $238,405 |
Priya Sreedharan Program Director | 40 | $180,200 | |
Curtis Seymour Sctry/treasurer | OfficerTrustee | 1 | $0 |
David Hochschild Board Member | Trustee | 1 | $0 |
Mark Ahlstrom Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Regents Of University Of Ca Program Library & Collab | 12/30/20 | $309,262 |
Synapse Enrgy Ecnmcs Program Technical Labor | 12/30/20 | $101,777 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,001,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,001,000 |
| Total Program Service Revenue | $0 |
| Investment income | $2,338 |
| 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 | $2,004,474 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $135,000 |
| 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. | $244,420 |
| Compensation of current officers, directors, key employees. | $18,670 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $278,370 |
| Pension plan accruals and contributions | $7,382 |
| Other employee benefits | $26,363 |
| Payroll taxes | $31,937 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $855 |
| Fees for services: Accounting | $29,924 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,408,994 |
| Advertising and promotion | $87 |
| Office expenses | $23,122 |
| Information technology | $2,830 |
| Royalties | $0 |
| Occupancy | $25,866 |
| Travel | $504 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,452 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $825 |
| All other expenses | $0 |
| Total functional expenses | $3,224,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,808 |
| Savings and temporary cash investments | $472,334 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $15,005 |
| 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 | $780,147 |
| Accounts payable and accrued expenses | $125,865 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $125,865 |
| Net assets without donor restrictions | -$92,920 |
| Net assets with donor restrictions | $747,202 |
| 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 | $780,147 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Gridlab Inc has recieved totaling $1,500,000.
| Awarding Organization | Amount |
|---|---|
Sea Change Foundation San Francisco, CA PURPOSE: PROMOTE CLEAN ENERGY | $650,000 |
United States Energy Foundation San Francisco, CA PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE. | $650,000 |
Climateworks Foundation San Francisco, CA PURPOSE: PROJECT SUPPORT | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Energy Coalition Irvine, CA | $17,114,410 | $15,434,629 |
Solutions Project Inc Oakland, CA | $43,392,918 | $7,109,557 |
Energy Action Fund San Francisco, CA | $13,042,856 | $15,440,948 |
Californias For Energy Independence San Rafael, CA | $5,056,304 | $11,791,038 |
Calcef Innovations Oakland, CA | $15,783,035 | $8,813,623 |
Global Alliance For Incinerator Alternatives Berkeley, CA | $3,935,588 | $4,680,505 |
Climate Action Reserve Los Angeles, CA | $8,572,004 | $4,530,759 |
Green Building Initiative Inc Portland, OR | $9,419,082 | $7,219,837 |
Western Climate Initiative Inc Sacramento, CA | $14,036,664 | $9,896,538 |
Gridlab Inc Berkeley, CA | $780,147 | $2,004,474 |
California Solar Energy Industries Association Sacramento, CA | $1,192,510 | $3,375,125 |
California Power Exchange Corporation Woodland Hills, CA | $0 | $3,355,148 |