Nonprofits›Hourglass Climate Inc
Environment
Hourglass Climate Inc
MONTCLAIR, NJ
Total revenue
$7.6M
Total expenses
$1.6M
Net assets
$6.0M
Grants received
$7.0M
2 grants
EIN
991349001
Tax year
2024
Mission
To protect the natural environment by strategically researching the safety and efficacy of ocean alkalinity enhancement ("oae")-based carbon dioxide removal techniques and disseminate the results of such research to accelerate responsible carbon dioxide removal and climate impact at scale.
Financials
FY 2024
Revenue
Contributions & grants$7.5M
Program service revenue$54K
Investment income$26K
Other revenue—
Total revenue$7.6M
Expenses
Grants paid—
Salaries & benefits$861K
Fundraising$54K
Other expenses$708K
Total expenses$1.6M
Total assets$6.1M
Net assets$6.0M
People
3 listed
NameRoleCompensation
MARGARET ANDREWS
EXECUTIVE DIRECTOR
Board
$96K
40 hrs/wk
ANTONIUS GAGERN
SECRETARY
Board
—
1 hrs/wk
KEVIN TIDWELL
TREASURER
Board
—
1 hrs/wk
Grants received
Showing 2 of 2
FromAmountPurposeYear
Funded by
$7.0M from 2 funders · 2 grants · 2024
Windward Fund
$3.9M · 1 grant · 2024
The Jeremy And Hannelore Grantham
$3.1M · 1 grant · 2024
Details
EIN991349001
NTEE codeC05
Subsection03
Ruling date2024-12
Formed2024
Employees14
Volunteers3