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
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
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™ 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
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
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.
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
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 1.412M | 100.00% |
| Program Services | 0 | 0.00% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 1.412M | 100.00% |