N โ€” Recreation & SportsEIN: 844244790ยท Ruling Year: 2020

The Climate Initiative

Cape Porpoise, Maine

BHealth Score
61B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

๐Ÿ’ฐ
$2.9M
Total Revenue
๐Ÿ“Š
$2.5M
Total Expenses
๐Ÿฆ
$4.6M
Net Assets
๐Ÿ“‹
$425K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+11.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.81
Net assets divided by total expenses
Liabilities-to-Assets
8.5%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$2,852,103โ†“18%$2,538,577โ†‘1%$5,017,242โ†‘2%
2022$3,473,694โ†“41%$2,508,710โ†“6%$4,913,596โ†‘14%
2021$5,851,622โ†‘355%$2,677,735โ†‘138%$4,314,972โ†‘2454%
2020$1,285,850$1,124,152$168,963

Frequently Asked Questions

What does The Climate Initiative do?โ–ผ

The Climate Initiative is a recreation & sports nonprofit organization based in Maine. It is classified under NTEE code N12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Climate Initiative financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for The Climate Initiative.

How much revenue does The Climate Initiative generate?โ–ผ

The Climate Initiative reports $570K in annual revenue and holds $4.1M in total assets, based on IRS filings.

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The Climate Initiative โ€” Cape Porpoise, ME | GiveScope