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Colorado Clean Energy Fund

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Environmental Quality, Protection and Beautification / Energy Resources Conservation and Development (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.71M (2023)

Expenses
$2M (2023)

Total Assets
$35.7M (2023)

Total Liabilities
$6.54M (2023)

Source: Form 990 tax filings from 2021 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,710,556
Expenses
$1,995,111
Net Income
$715,445
Net Assets
$29,144,317
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,333,333
49.2%
Program Services $444,088
16.4%
Investment Income $975,862
36.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$42,727
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $695,209
34.8%
Professional Fundraising Fees $0
Other Salaries and Wages $373,936
18.7%
Assets/Debt
Total Assets $35,680,608
Total Liabilities $6,536,291
Net Assets $29,144,317
Compensation
Key Employees and Officers Compensation Related Other
Paul Scharfenberger (Ceo) $211,000 $0 $22,427
Heather Braithwaite (Cio) $158,500 $0 $15,832
David Harris (Coo) $148,000 $0 $21,299
Katharine Rushton (Commercial Bus. Director) $103,500 $0 $14,650
Jennifer Gremmert (Board Chairperson & Secretary) $0 $0 $0
Eric Drummond (Director) $0 $0 $0
Will Toor (Director) $0 $0 $0
Keirstin Beck (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,723,635
Expenses
$1,175,095
Net Income
$2,548,540
Net Assets
$28,341,038
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,333,000
89.5%
Program Services $93,059
2.5%
Investment Income $297,576
8.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $181,960
15.5%
Professional Fundraising Fees $0
Other Salaries and Wages $445,452
37.9%
Assets/Debt
Total Assets $28,367,649
Total Liabilities $26,611
Net Assets $28,341,038
Compensation
Key Employees and Officers Compensation Related Other
Paul Scharfenberger (Ceo) $171,086 $0 $10,875
Heather Braithwaite (Cio) $151,000 $0 $7,378
David Harris (Coo) $134,644 $0 $12,043
Jennifer Gremmert (Chairman) $0 $0 $0
Eric Drummond (Director) $0 $0 $0
Will Toor (Director) $0 $0 $0
Keirstin Beck (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,000,252
Expenses
$50,194
Net Income
$25,950,058
Net Assets
$25,950,058
Notable Sources of Revenue Percent of Total Revenue
Contributions $26,000,000
100.0%
Program Services $252
0.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $14,584
29.1%
Professional Fundraising Fees $0
Other Salaries and Wages $11,666
23.2%
Assets/Debt
Total Assets $25,950,058
Total Liabilities $0
Net Assets $25,950,058
Compensation
Key Employees and Officers Compensation Related Other
Paul Scharfenberger (Ceo) $14,583 $0 $0
Jennifer Gremmert (Chairman) $0 $0 $0
Eric Drummond (Director) $0 $0 $0
Will Toor (Director) $0 $0 $0

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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