EIN 47-1444637

Watttime Corporation

IRS 501(c) type
501(c)(3)
Num. employees
29
Year formed
2014
Most recent tax filings
2023-06-01
Description
Watttime Corporation raises awareness about reducing environmental harm by shifting electricity use to particular times and encourages the development and spread of common protocols for this practice. In fy22, the company continued its research program with a focus on developing transparent, scientifically rigorous approaches that anyone can use to validate the accuracy of the "marginal emissions" data that quantify which times cause more or less environmental impact.
Total revenues
$12,087,174
2023
Total expenses
$12,462,010
2023
Total assets
$5,784,742
2023
Num. employees
29
2023

Program areas at Watttime Corporation

In fy23 Watttime's progress accelerated rapidly, on multiple fronts.- aer assistance: we saw a dramatic increase in the number of people we were able to help shift electricity to cleaner times by automating their devices to do so (now called "automated emissions reduction or aer). This year we helped 330 million new devices adopt aer, including e.g. Apple iphones, bmw electric vehicles, and others in the countries where the data to make aer possible (known as "marginal emissions data") exist yet. - research to make aer possible globally: in fy23, we also neared completion of a long-standing Watttime goal, (cont. On sch. O)which was to develop marginal emissions data estimates for every country worldwide, sufficient to make aer possible anywhere on earth. As of the end of fy23 we had developed a method to do so and were preparing to implement the method in fy24. Thanks to this progress, we are anticipating being able to in fy24 finally make aer possible in over 150 new countries, further dramatically increasing the number of people able to use it. This very significant technical milestone is possible in large part to our climate trace initiative (mentioned below) to gather and harmonize global emisisons data from the world's power grids and other sources.- marginal emissions data validation research: as aer becomes more widespread, it is a growing issue that there are not yet a widely agreed-upon standards regarding how best to validate the accuracy marginal emissions estimates. Consistent with our mission to develop and spread common protocols for this practice, this year we particularly focused on developing such methods and launching a coalition to debate, review and harmonize around them. Our new coalition, veraci-t.org, consists of marginal emissions data experts at universities, companies, and power grid operators. Through veraci-t, Watttime and other exeprts co-develop, review, and harmonize around open, free, peer-reviewed, standardized approaches that anyone can use to validate the accuracy of marginal emissions data estimates.- climate trace emissions data reseach: the climate trace research project has now begun providing data of sufficient global availability and detail to begin making global aer viable. In fy23, it also began producing enormous amounts of other useful emissions data. We led this growing coalition of collaborating environmental nonprofits, universities, and tech companies in greatly improving the start of the art in global emissions monitoring of electrical grids, but also many other forms of pollution. In particular, in december 2023 the coalition released by far the most comprehensive greenhouse gas emissions dataset in history, representing detailed open, free emissions estimates for over 352 million of the largest sources of emissions on the planet. Watttime incurs general & administrative and fundraising costs in support of its overall mission, which includes climate trace. Climate trace program costs do not represent the full costs of running climate trace.- exploring novel applications of emissions data: we also deepened our growing explorations into whether the advanced emissions data from climate trace might make possible novel new emissions-reducing strategies similar to, but distinct from, Watttime's original core mission of shifting electricity to cleaner times to reduce environmental harm. For example, we piloted using climate trace data a technique to shift steel manufacturing to cleaner facilities to reduce environmental harm. We a number of the world's largest buyers of steel (including gm, tesla, boeing, and others) in piloting this technique. While still early days, the techniques appear successful and in fy24 Watttime will explore whether it may make sense to expand our nonprofit mission to also include developing, raising awareness of, and developing common protocols for a wider range of environmentally beneficial practices.

Grants made by Watttime Corporation

GranteeGrant descriptionAmount
The Earth GenomeBuilding the Application Programming Interface and Website To Host An Open, Public Database of All Greenhouse Gas Emissions Worldwide As Part of the Climate Trace Project.$1,014,839
Rocky Mountain InstituteBuilding An Open, Public Database of All Greenhouse Gas Emissions From Oil and Gas Worldwide As Part of the Climate Trace Project.$672,500
Global Energy MonitorDeveloping Methodology As Well As Updating and Enhancing Current Data for "gem Trackers" As Part of the Climate Trace Project.$326,862
...and 1 more grant made

Who funds Watttime Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Tides FoundationSustainable Environment$2,381,078
Tides FoundationSustainable Environment$2,381,078
The Patrick J McGovern FoundationTo Support Climate Trace Coalition Strategic Priorities and Goals$2,000,000
...and 5 more grants received

Personnel at Watttime Corporation

NameTitleCompensation
Katie RyanChief Operating Officer$115,654
Eric NguyenChief Product Officer
Sasha ShahidiVice President of Operations
Joel CofieldVice President of Engineering , Aer
Laura CorsoVice President of Strategic Growth$209,939
...and 14 more key personnel

Financials for Watttime Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$10,347,478
Program services$1,706,204
Investment income and dividends$31,392
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,100
Total revenues$12,087,174

Form 990s for Watttime Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-07-18990View PDF
2020-062021-05-18990View PDF
2019-062020-08-26990View PDF
...and 5 more Form 990s

Organizations like Watttime Corporation

OrganizationLocationRevenue
Environment NextEast Aurora, NY$5,482,060
Climate VaultChicago, IL$5,293,047
Property and Environment Research Center (PERC)Bozeman, MT$5,931,884
The Water Research Foundation (WRF)Denver, CO$24,487,541
Center for Coastal StudiesProvincetown, MA$6,311,067
NatureServeArlington, VA$10,238,144
Center of Excellence for Hazardous Materials (CEHMM)Carlsbad, NM$7,919,968
Center for International Forestry Research (CIFOR)Indonesia, $34,622,932
Delaware Bay and River Cooperative (DBRC)Lewes, DE$3,076,512
Stroud Water Research CenterAvondale, PA$8,604,154
Data update history
July 20, 2024
Used new vendors
Identified 5 new vendors, including , , , , and
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $2,381,078 from Tides Foundation
April 18, 2024
Updated personnel
Identified 2 new personnel
February 3, 2024
Received grants
Identified 1 new grant, including a grant for $73,008 from Carbon Mapper
January 17, 2024
Updated personnel
Identified 6 new personnel
Nonprofit Types
Research centersEnvironmental organizationsCharities
Issues
Science and technologyPollutionEnvironment
Characteristics
Conducts researchLobbyingOperates internationallyTax deductible donationsAccepts online donations
General information
Address
490 43rd St 221
Oakland, CA 94609
Metro area
San Francisco-Oakland-Berkeley, CA
County
Alameda County, CA
Website URL
watttime.org/ 
Phone
(857) 540-3535
IRS details
EIN
47-1444637
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C20: Pollution Abatement and Control Services
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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