Cause IQ organization profile

Cool Effect

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Cool Effect is a physical or earth sciences research center based in Greenbrae, CA that was founded in 2015. As of 2019 they had $5.8 million in revenue and $5.1 million in assets.

Cool Effect believes that small actions ignite planet-sized changes. The Organization developed a platform that brings people together to support the worlds best carbon emission reduction projects.

EIN:
47-5068496
City:
State:
Metro:
Website:
Phone:
415-454-2665
Facebook:
Twitter:
Founded:
2015
Type:
501(c)(3)
NTEE:
Revenue:
$5,847,902
Assets:
$5,179,518
Employees:
3
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at Cool Effect

Cool effects mission is to reduce carbon emissions by supporting projects across the globe that reduce CO2. Cool effect educates the public on the effects of climate change and solicits donations to support carbon reduction projects, empowering individuals and businesses to take action in the fight against climate change. Cool effect performs a deep analysis on both the science and the business structure of projects that claim to remove carbon from the atmosphere. All projects under consideration must first be approved by third-party standard-keeping organizations such as the gold standard, verified carbon standard, and climate action reserve, among others.Cool effect then undertakes an extensive review process using its team of scientists to ensure the project meets very tough standards. At that same time, cool effect

also reviews project management to assess whether donations are going where they should and that the project will operate well into the future.

Form 990s for Cool Effect

Fiscal year endingDate received by IRSFormPDF link
2019-06Jan 10, 2020990View PDF
2018-06Dec 22, 2018990View PDF
2017-06Jan 18, 2018990View PDF
2016-06Jan 17, 2017990View PDF

Financials for Cool Effect

Field2019
Total grants, contributions, etc.$5,828,834
Program services$0
Investment income and dividends$19,068
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,847,902

Vendors for Cool Effect

VendorServicesAmount paidDate
KimbiaFundraising software2020-03-01
███████ ███ ████Fundraising software; Payment processing2020-03-01
███████ ███ ██████████ ████Tax accounting2018-12-03
███████████ ██ ███Public Relations$647,7402018-06-01
█████Advertising Marketng$7,431,5032018-06-01
██████ ███Software2018-04-28

Personnel at Cool Effect

NameTitleCompensationMost recent data
Marisa de BelloyChief Executive Officer$192,000July 5, 2020
Pavel MolchanovSenior Vice President, Equity Research-July 5, 2020
████ ███████Director of Marketing$262,641July 5, 2020
██████ ██████Faculty Director, Yale Climate Change and Health Initiative-July 5, 2020
█████ ████████Marketing Manager-July 5, 2020
███████ ██ █████████ ███Co - Founder$0July 5, 2020
████ ████████Director$0July 5, 2020

Peer physical and earth sciences research centers

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1Palo Alto Partners in Education (PiE)501(c)(3)$6.0 millionPalo Alto, CA
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8BioOne501(c)(3)$12 millionWashington, DC
9Biobat501(c)(3)$2.2 millionBrooklyn, NY
10Maharishi Purusha Program501(c)(3)$1.8 millionRomney, WV
11Cortex501(c)(3)$23 millionSt Louis, MO
12Raam Raj Foundation501(c)(3)$3.9 millionFairfield, IA
13Dayton Area Graduate Studies Institute501(c)(3)$2.4 millionKettering, OH
14IIT Madras Foundation501(c)(3)$4.1 millionCupertino, CA
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23Great Public Schools Now501(c)(3)$24 millionLos Angeles, CA
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