Breakthrough Energy Action Inc
- Assets
- $60.0m
- Revenue
- $40.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Kirkland, WA
- Founding
- Data as of
- 12/2021
- EIN
- 85-3694865
Organization Overview
Breakthrough Energy Action Inc is located in Kirkland, WA. Breakthrough Energy Action Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Breakthrough Energy Action Inc generated $40.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $43.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Breakthrough Energy Action Inc has awarded 25 individual grants totaling $33,351,063. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREAKTHROUGH ENERGY ACTION ADVANCES ITS MISSION BY GRANT-MAKING AND WORKING WITH INDUSTRY EXPERTS AND LAWMAKERS IN THE FOLLOWING AREAS: EDUCATION AND ADVOCACY, POLICY DEVELOPMENT, CAPACITY BUILDING, AND CONVENING, COALITION BUILDING, AND EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonah Goldman Managing Director | OfficerTrustee | 1 | $0 |
Cindy Leeper Secretary & Treasurer | Officer | 1 | $0 |
Michael Boots Evp | Officer | 1 | $0 |
Greg Nelson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capitol Tax Partners Advocacy | 12/30/21 | $150,000 |
Rhodium Group Research Provider | 12/30/21 | $573,737 |
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 | $40,420,820 |
| Noncash contributions included in lines 1a–1f | $40,420,820 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,420,820 |
| Total Program Service Revenue | $0 |
| Investment income | $243 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $289,455 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,710,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,351,063 |
| 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 | $78 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $709 |
| Fees for services: Other | $886,879 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,265,202 |
| Total functional expenses | $43,503,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,594,521 |
| Savings and temporary cash investments | $0 |
| 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 | $2,438,165 |
| 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 | $60,032,686 |
| Accounts payable and accrued expenses | $538,108 |
| Grants payable | $2,024,500 |
| 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 | $2,562,608 |
| Net assets without donor restrictions | $42,470,078 |
| Net assets with donor restrictions | $15,000,000 |
| 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 | $60,032,686 |
Grants Awarded
Over the last fiscal year, Breakthrough Energy Action Inc has awarded $33,351,063 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Sacramento, CA PURPOSE: Federal Clean Energy Investments | $11,000,000 |
Washington, DC PURPOSE: Federal Clean Energy Investments | $5,480,000 |
Washington, DC PURPOSE: Federal Clean Energy Investments | $4,000,000 |
New York, NY PURPOSE: Federal Clean Energy Investments | $2,900,000 |
Minneapolis, MN PURPOSE: Federal Buy Clean/Communications | $1,416,906 |
Washington, DC PURPOSE: Bipartisan Infrastructure/Tax Credits | $1,200,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Breakthrough Energy Action Inc has recieved totaling $48,012,749.
| Awarding Organization | Amount |
|---|---|
Open Philanthropy Action Fund Palo Alto, CA PURPOSE: GENERAL SUPPORT | $48,012,749 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hayward Sisters Hospital Hayward, CA | $71,008,487 | $118,634,519 |
Northwest Kidney Centers Seattle, WA | $220,973,324 | $130,979,970 |
Maniilaq Association Kotzebue, AK | $232,571,023 | $161,317,730 |
The San Diego Foundation San Diego, CA | $1,302,414,916 | $197,035,758 |
California Credit Union Glendale, CA | $4,290,889,688 | $164,391,792 |
Food Forward Inc North Hollywood, CA | $12,955,667 | $128,150,149 |
Silverton Health Silverton, OR | $32,618,919 | $121,849,383 |
Childrens Hunger Fund Mission Hills, CA | $28,471,554 | $123,714,088 |
Childrens Home Society Of California & Affiliated Chapters Los Angeles, CA | $98,045,200 | $128,551,200 |
Planned Parenthood Mar Monte Inc San Jose, CA | $151,623,583 | $120,329,049 |
Bozeman Deaconess Health Services Bozeman, MT | $166,060,049 | $126,684,739 |
Child Development Associates Incorporated Bonita, CA | $16,603,891 | $123,157,181 |