2026-01-14T09:09:53-06:00 2025-06-30 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2024-07-01 680477330 Climate Action Reserve CLIM 2138911444 453 S Spring St Ste 400 146 Los Angeles CA 90013 Robin Rix President 2138911444 2026-01-14 1 1 Jie Chen CPA P01049760 7038930300 2024 2025-03-06 01:10:19Z X Robin Rix 453 S Spring St Ste 400 146 Los Angeles CA 90013 5833644 0 X www.climateactionreserve.org X 2001 CA The Climate Action Reserve develops and implements trusted market-based programs to advance climate action for people and planet. A pioneer in carbon accounting, the Reserve promotes and fosters the reduction of greenhouse gas (GHG) emissions through credible market-based policies and solutions. As a high-quality carbon credit registry for voluntary and compliance carbon markets, the Reserve establishes rigorous standards involving multi-sector stakeholder workgroup development and local engagement and issues carbon credits in a transparent and publicly available system. The Reserve also supports compliance carbon markets in California, Washington and internationally. 9 9 24 0 0 0 106513 8471 5085867 5738602 98972 73670 14806 12901 5306158 5833644 0 0 0 0 3150185 3697315 0 0 133844 2443252 2538529 5593437 6235844 -287279 -402200 31450902 3086336 28366015 403649 3084887 2682687 X The Climate Action Reserve develops and implements trusted market-based programs to advance climate action for people and planet. A pioneer in carbon accounting, the Reserve promotes and fosters the reduction of greenhouse gas (GHG) emissions through credible market-based policies and solutions. As a high-quality carbon credit registry for voluntary and compliance carbon markets, the Reserve establishes rigorous standards involving multi-sector stakeholder workgroup development and local engagement and issues carbon credits in a transparent and publicly available system. The Reserve also supports compliance carbon markets in California, Washington and internationally. 0 0 3545962 4199513 The Reserve's carbon credit programs establish rigorous carbon accounting standards for the issuance of high-quality carbon credits which represent real, additional, verifiable, and permanent greenhouse gas emission reductions. Projects registered with the Reserve also deliver environmental and community co-benefits. The Reserve issues carbon credits to projects that report under one of its approved carbon crediting protocols across a range of sectors. In addition, the Reserve issues Registry Offset Credits for compliance use under California and Washington's Cap-and-Invest programs. 848110 1079665 The North American Carbon World (NACW) is a leading industry conference for carbon market and climate professionals. NACW provides attendees with valuable insights into voluntary and compliance market trends and policy developments. The conference facilitates engagement among carbon markets professionals to strengthen and scale global carbon markets. NACW offers presentations by keynote speakers, panels, and networking opportunities. Over its history, NACW has featured numerous keynote addresses from distinguished climate and policy leaders. 507721 459424 The Reserve continues to expand its works internationally by developing new carbon crediting protocols in Latin America and by continuing to implement and support its existing international protocols in Latin America, Canada, and China. These efforts include refining and updating protocols, providing technical assistance, and working with account holders to advance high-quality program delivery. Additionally, the Reserve participated in speaking engagements, conferences, and meetings abroad to share technical expertise, engage with international stakeholders, and to support the development of high-integrity carbon markets. 4901793 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 24 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X Ramon Lee 2135420289 453 S Spring St Ste 400 146 Los Angeles CA 90013 Linda Adams Board Chair 1.00 X X 0 0 0 Peter Miller Board Secretary 1.00 X X 0 0 0 Jan Schori Board Audit Committee Chair until Jan 2025 1.00 X 0 0 0 Teveia Barnes Board Audit Committee Chair from Jan 2025 1.00 X 0 0 0 Steve Corneli Board Nominating Committee Chair 1.00 X 0 0 0 Peter Liu Board member 1.00 X 0 0 0 Heather O'Neill Board member 1.00 X 0 0 0 Eduardo Piquero Board member 1.00 X 0 0 0 Tim Profeta Board member 1.00 X 0 0 0 Katie Sullivan Board member 1.00 X 0 0 0 Robin Rix President from 3.24.25 40.00 X 0 0 0 Craig Ebert President until 3.23.25 40.00 X 280931 0 36492 Kristen Gorguinpour VP of Prog/Ops as of 5.25 40.00 X 186189 0 20830 Ramon Lee Chief Financial Controller 40.00 X 152862 0 14290 Christopher Reid Lee Dir of Oper until 5.12.25 40.00 X 136154 0 29332 Jennifer Weiss VP of Communications 40.00 X 181706 0 39929 Jonathan Remucal Director, Nature-based Solutions 40.00 X 144478 0 5290 Amy Portillo-Kessler Director of Latin America 40.00 X 142741 0 19429 Rhey Lee Senior Communications Manager 40.00 X 112967 0 15649 McKenzie Smith Associate Director 40.00 X 103697 0 10725 1441725 0 191966 9 0 1 0 Hilton San Francisco Union Square Hotel 333 Ofarrell Street San Francisco CA 94102 Hotel, Event, & Catering for Conference 680736 Dogwood Springs Forestry LLC 461 Burnette Way Ukiah CA 95482 Forestry Consultant 123143 2 8471 8471 Registry Income 900099 4504188 4504188 Conference Income 900099 1075165 1075165 Workshop Income 900099 80860 80860 Contract Income 900099 78389 78389 5738602 73670 73670 Other income 900099 12901 12901 12901 5833644 5738602 0 86571 1189254 921474 227058 40722 1739415 1347758 332098 59559 67220 52085 12834 2301 491313 380686 93804 16823 210113 162803 40116 7194 17594 13722 3343 529 29725 29725 373511 282296 91215 26969 26969 88566 22602 65964 117502 97273 17624 2605 54923 42566 10490 1867 130508 100126 30382 591604 589637 1967 12033 12033 65998 51148 12606 2244 Registry Fees 675344 675344 Bad Debt Expenses 230644 18944 211700 Equipment Rental 87287 87287 Dues and Subscriptions 35853 28790 7063 468 283 185 6235844 4901793 1200207 133844 391499 336631 711412 1338709 451170 800068 390028 328804 103258 61059 72012 57142 19862 14870 1433615 0 27950058 206195 31450902 3086336 440422 292695 0 28503 27925593 82451 28366015 403649 X 3084887 2682687 3084887 2682687 31450902 3086336 -402200 0 X 0 1 X 1 0 X 539746 123597 150885 106513 8471 929212 3348812 4406500 4568451 5085867 5738602 23148232 3888558 4530097 4719336 5192380 5747073 24077444 0 2141747 1189693 2066 1002384 1650004 5985894 2141747 1189693 2066 1002384 1650004 5985894 18091550 633 662 55254 98972 73670 229191 633 662 55254 98972 73670 229191 18832 14806 12901 46539 3889191 4530759 4793422 5306158 5833644 24353174 0.74290 0.79010 0.00940 0.00680 X 72012 57142 14870 14870 Security Deposits 127031 Right-of-use Asset - Operating lease 79164 206195 Lease Liability-Operating Lease 82451 82451 X 5880101 46457 46457 5833644 0 5833644 6282301 46457 46457 6235844 0 6235844 Part X, Line 2: Management evaluated the Organization's tax positions and concluded that the financial statements do not include any uncertain tax positions. North America - Mexico 0 1 Program Services International initiatives 182528 North America - Canada 0 1 Program Services International initiatives 101834 Europe 0 1 Program Services International initiatives 118956 East Asia and the Pacific 0 0 Program Services International initiatives 137 0 3 0 0 0 3 403455 0 403455 0 0 0 0 0 0 X X X X 0 0 0 0 0 0 0 0 0 Craig Ebert President until 3.23.25 280931 0 0 0 0 0 2400 0 34092 0 317423 0 0 0 Jennifer Weiss VP of Communications 181706 0 0 0 0 0 5837 0 34092 0 221635 0 0 0 Kristen Gorguinpour VP of Prog/Ops as of 5.25 186189 0 0 0 0 0 6124 0 14706 0 207019 0 0 0 Ramon Lee Chief Financial Controller 152862 0 0 0 0 0 5457 0 8833 0 167152 0 0 0 Christopher Reid Lee Dir of Oper until 5.12.25 136154 0 0 0 0 0 5134 0 24198 0 165486 0 0 0 Amy Portillo-Kessler Director of Latin America 142741 0 0 0 0 0 5277 0 14152 0 162170 0 0 0 Form 990, Part VI, Section B, line 11b The Form 990 is prepared by the organization's external auditor on the basis of its audit, following its completion of the audit and subsequently the review and approval of the audit by the Audit Committee of the organization's governing body. The Form 990 is then reviewed by senior staff in the organization. Following filing, a copy of the Form 990 is circulated to members of the organization's governing body. Form 990, Part VI, Section B, line 12c The Climate Action Reserve has scheduled meetings to review policy and procedures and consistently monitors and enforces compliance with the policies during the review process. The Reserve has full Board of Directors meetings, audit committee meetings, nominating committee meetings and Executive Committee meetings. During the reporting period, the Executive Committee gathered four times to review policy and procedures to enforce compliance. Form 990, Part VI, Section B, line 15a The Board of Directors makes decisions on compensation for the President using compensation information gathered from, inter alia, the form 990s of peer organizations, employment contracts, and compensation surveys. The process is done in closed session and decisions are forwarded via electronic mail to the President and then to relevant senior staff for review and processing. Form 990, Part VI, Section C, line 19 Public documents as determined by the Organization are available upon written request. Copies of the Organization's financial statements and forms 990 are also made available by email request through a link on the Organization's website.