Allied Climate Partners Inc
78% goes to programs $0 to raise $100 Strong reserves Growing revenue
Allied Climate Partners Inc is a 501(c)(3) organization based in New York, New York, registered in 2023, with $66,539,772 in FY2024 revenue. CharityIndex grades it B+, and it directs about 78% of spending to programs.
712 Fifth Avenue 47, New York, NY, 10019 EIN 93-2878604 Since 2023
Revenue (FY2024)
$66.5M
▲ 753.1% vs prior year
Environment median: $250K
Expenses (FY2024)
$2.4M
Net assets
$71.1M
Employees
6
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating78% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Allied Climate Partners Inc: 78% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating354 mo reserves · +96% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Allied Climate Partners Inc: 354 mo reserves · +96% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Allied Climate Partners Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Allied Climate Partners Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Using innovative financing mechanisms to increase the flow of philanthropic catalytic capital to climate-related projects and businesses in emerging markets and developing economies that will have a significant impact on the adverse effects of climate change and enhance the ability of vulnerable and at-risk communities to effectively manage climate risk, promote climate resiliency, and support economic development.
Contact & location
- Address
- 712 Fifth Avenue 47, New York, NY, 10019
- City
- New York
- State
- New York
- Category
- Environment
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $7.8M (FY2023) to $66.5M (FY2024) across 2 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $290KNet assets $71.1M
Operating margin
96.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$71.4M
Total liabilities
$290K
Net assets
$71.1M
Salaries & benefits
$1.4M
56% of expenses
Board members
5
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $66,539,772▲753% | $2,411,788▲212% | $71,111,776▲912% | $71,401,707▲888% | 990 |
| 2023 | $7,800,000 | $772,048 | $7,027,952 | $7,228,465 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Ahmed Saeed — $642,669 (26.65% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ahmed Saeed | Chief Executive Officer | 40 | $642,669 |
| Sarah Frandsen | Principal | 40 | $154,417 |
| Chin-ting Jennifer Jian | Director of Finance & Operations | 40 | $71,467 |
| Daniel Hullah | Treasurer | 2 | — |
| Mark Gallogly | Director and Chair | 10 | — |
| Paul Bodnar | Director | 0.5 | — |
| Taylor Ray | Secretary | 1 | — |
| Tony Curnes | Director | 0.5 | — |
| William R Baker | Director | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Morgan Lewis & Bockius LLP | Legal Services | $238,564 |
| Impactadvise Ltd | Advisory Services | $154,476 |
Grants received · $19.3M total
4 grants to Allied Climate Partners Inc totaling $19.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2024 | $8,400,000 |
| The New York Community Trust | For general support. | 2024 | $5,833,333 |
| Combined Jewish Philanthropies of Greater Boston Inc | Daf - environment | 2023 | $5,000,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $50,000 |
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Compare Allied Climate Partners Inc
Frequently asked questions
- Is Allied Climate Partners Inc a legitimate nonprofit?
- Yes. Allied Climate Partners Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 93-2878604, based in New York, New York. Donations are tax-deductible.
- What is Allied Climate Partners Inc's EIN?
- Allied Climate Partners Inc's Employer Identification Number (EIN) is 93-2878604.
- How much revenue does Allied Climate Partners Inc report?
- Allied Climate Partners Inc reported $66,539,772 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Allied Climate Partners Inc's spending goes to programs?
- Allied Climate Partners Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Allied Climate Partners Inc have?
- CharityIndex grades Allied Climate Partners Inc B+, based on program efficiency and fundraising cost.
- How much does Allied Climate Partners Inc's highest-paid employee make?
- The highest reported compensation on Allied Climate Partners Inc's latest Form 990 is $642,669, paid to Ahmed Saeed (Chief Executive Officer).
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Data for Allied Climate Partners Inc (EIN 93-2878604) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.