Overview
What is Carbon Mapper Inc?
Carbon Mapper Inc is a newly-established nonprofit organization, founded in 2020, based on utilizing advanced remote sensing technology to pinpoint and quantify methane emissions from individual facilities. The ultimate objective of Carbon Mapper is to enhance global monitoring of methane and carbon dioxide emissions, aiming for science-based decision-making and reducing greenhouse gas emissions. Currently in its demonstration phase, lasting nine months, Carbon Mapper lays the groundwork for Phase 2, which plans to expand into an operational network of satellites capable of delivering daily to weekly real-time emission monitoring.
Official website here: www.carbonmapper.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
Carbon Mapper Inc has received an outstanding Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score for its majority independent board members and financial oversight, the organization demonstrates a commitment to transparency and responsible management of funds. It has effectively maintained a low material diversion of assets, ensuring that contributions are directed towards its mission.
The nonprofit excels in program spending, with an impressive program expense ratio of 98.93%, showcasing its dedication to impactful initiatives. Additionally, it has an exemplary fundraising efficiency ratio, indicating minimal costs associated with raising funds. The organization’s financial health is further supported by a low liabilities to assets ratio, signifying stability and prudent fiscal management.
While Carbon Mapper Inc shows many strengths, it’s important for potential donors to consider the organization’s working capital ratio of 0.55 years, which suggests that it may benefit from increased reserves for unforeseen challenges. Overall, the organization stands out as a model of effective nonprofit governance and programmatic commitment.
This AI summary has been generated from information found on Charity Navigator.
Is Carbon Mapper Inc legitimate?
Carbon Mapper Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carbon Mapper Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $543,382
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,643,435
For more financial information, click here
Official website here: www.carbonmapper.org
What is the mission statement of Carbon Mapper Inc?
Carbon Mapper Inc is dedicated to advancing global efforts to monitor greenhouse gas emissions, particularly methane, through innovative remote sensing technology. Their mission is to facilitate science-based decision making and reduce emissions by providing comprehensive and transparent data. currently in a demonstration phase, Carbon Mapper aims to expand its capabilities in phase 2 by establishing an operational constellation of satellites, enabling daily to weekly real-time monitoring of emissions. The ultimate goal is to drive global climate action and improve the accuracy and accessibility of emissions data.
Official website here: www.carbonmapper.org
Who is the CEO of Carbon Mapper Inc?
Richard Lawrence is the Principal Officer of Carbon Mapper Inc. The CEO's salary of Carbon Mapper Inc is $160,373 and their total compensation is $171,599.
Official website here: www.carbonmapper.org
What is the revenue of Carbon Mapper Inc?
Carbon Mapper Inc's revenue in 2023 was $17,694,496.
Official website here: www.carbonmapper.org
Who are the executives of Carbon Mapper Inc and what are their salaries?
The average compensation at Carbon Mapper Inc during 2023 was $138,557. There are 23 employees at Carbon Mapper Inc.
Here are 14 key members and their salaries (Carbon Mapper Inc's CEO's salary is $160,373 and their total compensation is $171,599):
- Compensation: $223,171
- Related: $0
- Other: $36,168
- Compensation: $207,776
- Related: $0
- Other: $38,199
- Compensation: $189,630
- Related: $0
- Other: $40,064
- Compensation: $207,090
- Related: $0
- Other: $21,695
- Compensation: $196,681
- Related: $0
- Other: $28,200
- Compensation: $159,838
- Related: $0
- Other: $35,533
- Compensation: $171,615
- Related: $0
- Other: $12,807
- Compensation: $160,373
- Related: $0
- Other: $11,226
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.carbonmapper.org
Where can I find the form 990 for Carbon Mapper Inc?
Carbon Mapper Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.carbonmapper.org
Learn more at the official website: www.carbonmapper.org
Mission Statement of Carbon Mapper Inc
Carbon Mapper Inc, a mission-driven organization, strives to advance global efforts in monitoring greenhouse gas emissions, particularly methane and carbon dioxide, through innovative remote sensing technology. With a vision to enhance transparency and data availability for science-based decision-making, Carbon Mapper was established in 2020.
In its initial phase, Carbon Mapper is currently engaged in a 9-month demonstration project. This foundation-laying stage sets the groundwork for Phase 2, where the organization aims to expand its capabilities by establishing an operational constellation of satellites. These advanced satellites will provide real-time monitoring of greenhouse gas emissions on a daily to weekly basis.
Carbon Mapper's unique approach involves detecting, locating, and quantifying methane emissions at the level of individual facilities. By implementing cutting-edge remote sensing technology, this nonprofit organization is dedicated to providing comprehensive, transparent monitoring to facilitate climate action and reduce global greenhouse gas emissions.
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Impact
October, 2024
Carbon Mapper Inc significantly advances global efforts in greenhouse gas (GHG) monitoring by utilizing cutting-edge satellite technology to detect, pinpoint, and quantify methane emissions at individual facilities. By improving the accuracy and transparency of emissions data, Carbon Mapper enables governments, businesses, and stakeholders to make informed decisions aimed at reducing GHG emissions.
Formed in 2020, the organization is currently in a demonstration phase aimed at establishing the groundwork for an operational satellite constellation. This strategic initiative is planned to enhance global monitoring capabilities, shifting from infrequent assessments to daily and weekly real-time monitoring of methane and carbon dioxide emissions.
The impact of Carbon Mapper lies in its commitment to facilitating science-based climate action, ultimately helping to drive a significant reduction in global GHG emissions and fostering accountability among emitters. The organization’s focus on comprehensive and transparent data collection positions it as a critical player in the global effort to combat climate change, encouraging timely and effective responses from various sectors.
This information is meant to be a general summary of Carbon Mapper Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $572,455
- Program Service Revenue: $1,600,448
- Gross Receipts: $17,718,675
Assets and Liabilities:
- Total Assets: $20,949,541
- Total Liabilities: $1,662,458
- Net Assets: $19,287,083
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Project Revenue
Revenue
$1,600,448
Organization Details
Founding Year
2020
Phone
(626) 698-8186Principal Officer
Richard Lawrence
Main Address
12 S Raymond Avenue B, Pasadena, CA, 91105
Website
www.carbonmapper.orgNTEE Category
Code: C20 - Environment
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