Financial Transparency

Carbon Neutral Indiana (CNI) is a project of the Indiana Forest Alliance (IFA), a 501c3 non-profit. Every year, non-profits make their Form 990 tax documents available publicly. You can explore IFA's financial documents using ProPublica's Nonprofit Explorer tool.

Since CNI was founded April 7, 2020, we have not yet reported our finances to the IRS.

The climate crisis requires us to move quickly. The two largest obstacles to CNI growing quickly are education and trust:

Obstacle #1 - Education

 

According to researchers at Yale, over 50% of Hoosiers are worried about climate. Most of them don't know it's easy to measure their carbon footprints and affordable to clean them up. Once people learn this, many want to do their part and "clean up their carbon trash." So the first obstacle to growing quickly is simply education.

Obstacle #2 - Trust

 

CNI hasn't received grants yet. In the meantime, we fundraise by selling high quality carbon offsets (learn more here). The voluntary carbon offset market has been around since the 90s. Still, it's new to a lot of people. Because it's new -- and because it's so abstract -- it requires more trust than, say, Girl Scouts fundraising by selling Girl Scout cookies. So we at CNI are following the advice of Stephen M. R. Covey from his book The Speed of Trust to intentionally cultivate and grow trust. Radical transparency is one way to do this.

This page is a work in progress. We're working with IFA's bookkeeper, Lora Bowman, to find the best ways to share our finances publicly much more frequently than in our yearly report to the IRS. We'd like to update this page monthly.

Income

 

Deposits for Carbon Offsets

 

April, 2020 - $190.70 for 13 offsets

May, 2020 - $312.20 for 21 offsets

June, 2020 - $1,969.39 for 132 offsets

July, 2020 - $1,740.62 for 117 offsets

August, 2020 - $2,349.28 for 157 offsets

September, 2020 - $3,456.20 for 231 offsets

October, 2020 - $3,513.22 for 235 offsets

 

Donations

 

Coming soon

 

Expenses

 

Carbon Offsets Purchases

 

July 2, 2020 - Retired 13 offsets (View public record)

Aug 7, 2020 - Retired 21 offsets (View public record)

Sept 14, 2020 - Retired 132 offsets (View public record)

Nov 15, 2020 - Retired 117 offsets (View public record)

Nov 15, 2020 - Retired 157 offsets (View public record)

 

Other

 

Coming soon