Project Innerspace Inc. Logo

MIP Score

45

Environment
Environmental Advocacy

Project Innerspace Inc.

Mission

Project InnerSpace is the leading independent organization dedicated to rapid global development of geothermal energy. Leveraging the financial support of climate-conscious donors and the technical expertise of the oil and gas industry, the nonprofit aims to accelerate geothermal energy production. Their approach includes facilitating the transfer of technology and know-how from the oil and gas sector, and deploying geothermal energy solutions to meet global electricity and heat demand.

Basic Information

Tax-Exempt

Address

1227 South River Street, Marshfield, Massachusetts, 02050

View all Marshfield charities

Founded in

2021

EIN

87-3285334

Total Assets

$762.3 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Building Bridges Conference

Building Bridges Conference

PIVOT2023 adopted a new format with hundreds of speakers across virtual content and in-person conferences around the globe. Key topics included geothermal potential, technology advancements, and collaborative efforts with oil and gas industries.

GeoMap™ Launch

GeoMap™ Launch

GeoMap™ North America was launched as a groundbreaking tool that combines subsurface expertise with data from Google Maps to reveal significant geothermal potential beneath U.S. military bases, coal plants, and industrial sites.

Collaborative Studies

Collaborative Studies

Project InnerSpace's collaborative studies in Texas highlight growing momentum for geothermal energy. Detailed reports have helped in strategizing geothermal development and demonstrating its potential to replace fossil fuels.

Impact Stats

Hundreds

geothermal sites identified

Launch of GeoMap™

Project InnerSpace launched GeoMap™ North America, a first-of-its-kind geothermal resource mapping and prospecting tool showcasing massive untapped geothermal potential in the US.

14,000+

participants

Pivot Conference Series

PIVOT is a global conference series launched in 2020 that brings together thought leaders and change-makers in the geothermal energy sector. The series has attracted over 14,000 participants from 120 countries.

Past Events

PIVOT2023

2023

PIVOT2023 gathered thought leaders from government, startups, nonprofits, and the oil and gas industry to discuss the future of geothermal energy and its role in the sustainable energy transition.

Texas Geothermal Consortium Launch

03/26/2024

The Texas Geothermal Consortium launched to roadmap geothermal capabilities, beginning a detailed study on the state's geothermal energy potential.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

45

52

/100

Program Expense Ratio

87.53%

18

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.08113

20

/20

Working Capital Ratio

0.9843

10

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants1.412M100.00%
Program Services00.00%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue1.412M100.00%