NATIONAL ENERGY & FUELS INSTITUTE INC FORMERLY NEW ENGLAND FUEL INSTITUTE INC (EIN 042078321) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1942

Legal Domicile

Principal Officer

JAMES COLLURA

Phone

6179241000

Tax Period

2024-01-01 to 2024-12-31

NATIONAL ENERGY & FUELS INSTITUTE INC FORMERLY NEW ENGLAND FUEL INSTITUTE INC, founded in 1942, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024.

Mission

THE NATIONAL ENERGY & FUEL INSTITUTE'S MISSION IS TO PROTECT, STRENGTHEN, AND ADVANCE THE MARKET FOR LIQUID HEATING FUEL PROVIDERS THROUGH ADVOCACY WITH INNOVATION, KNOWLEDGE, AND POLICY DEVELOPMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,782,869

Investment Income $0

Other Revenue $105,640

TOTAL REVENUE $1,888,509

Expense Breakdown

Grants Paid $0

Salaries & Benefits $779,928

Fundraising Expenses $0

Program Expenses $1,523,654

Other Expenses $1,080,629

TOTAL EXPENSES $1,860,557

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,888,509	$1,967,638	0.0%
Expenses	$1,860,557	$2,000,891	-0.1%
Net Income	$27,952	$-33,253	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$190,612

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY HART	IMMEDIATE PAST CHAIRPERSON	3.00	Officer Director	$0	$0	$0
TED NOONAN	CHAIRPERSON	3.00	Officer Director	$0	$0	$0
MARTY KIRSHNER	TREASURER	3.00	Officer Director	$0	$0	$0
CLAUDETTE TOWNSEND	SECRETARY	3.00	Officer Director	$0	$0	$0
LESLIE CERNAK	DIRECTOR/EVENTS CHAIR	1.00	Director	$0	$0	$0
KEVIN BECKETT	DIRECTOR	1.00	Director	$0	$0	$0
JAMES TOWNSEND	DIRECTOR/BIOFUELS POLICY CHAIR	1.00	Director	$0	$0	$0
MICHAEL ESTES	DIRECTOR/ GOVT AFFAIRS CHA	1.00	Director	$0	$0	$0
ANTHONY SILECCIA JR	DIRECTOR	1.00	Director	$0	$0	$0
DOUG WOOSNAM	DIRECTOR	1.00	Director	$0	$0	$0
GARY SIPPIN	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES UGLIETTO	DIRECTOR/ RLHF TASKFORCE C	1.00	Director	$0	$0	$0
DAN FALCONE	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE ERASMUS	DIRECTOR	1.00	Director	$0	$0	$0
STEVE WALSH	VICE CHAIRPERSON	3.00	Officer Director	$0	$0	$0
DIANE QUESNELLE	DIRECTOR/EDUCATION CHAIR	1.00	Director	$0	$0	$0
JASON LAWRENCE	DIRECTOR/COMM. CHAIR	1.00	Director	$0	$0	$0
SCOTT MCFARLAINE JR	DIRECTOR/PAC CHAIR	1.00	Director	$0	$0	$0
JAMES COLLURA	PRESIDENT & CEO	40.00	Officer	$190,612	$0	$190,612
LISA AVERY	BUSINESS MANAGER	40.00	Highest	$131,666	$0	$131,666

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,888,509	$1,860,557	$692,805	$27,952
2023	$1,967,638	$2,000,891	$548,943	$-33,253
2022	$2,012,095	$1,930,168	$760,664	$81,927
2021	$1,881,576	$1,965,489	$718,912	$-83,913
2020	$1,711,205	$1,527,417	$962,691	$183,788
2019	$1,558,861	$1,748,392	$385,915	$-189,531
2018	$1,281,644	$1,393,239	$527,257	$-111,595

NATIONAL ENERGY & FUELS INSTITUTE INC FORMERLY NEW ENGLAND FUEL INSTITUTE INC