CENTER FOR ECOTECHNOLOGY INC

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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

1976

Legal Domicile

Phone

4134454556

Tax Period

2023-11-01 to 2024-10-31

CENTER FOR ECOTECHNOLOGY INC, founded in 1976, is a mid-sized nonprofit in the Environment sector that reported $12.0M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

The Center for EcoTechnology helps people and businesses save energy and reduce waste. For more than 40 years, weve offered proven advice and resources to save you money, make you more comfortable at home, and help your business perform better.Working with partners throughout the region, were helping transform the way we live and work for a better community, economy, and environment now and for the future. We provide practical solutions that save energy, materials and money and have a positive impact on our environment and community. We serve residents, business and communities in the areas of energy efficiency and waste reduction.

Program Service Accomplishments

Program 1

Expenses: $6,067,714

COMMERCIAL - CET partners with government, industry and foundations to provide outreach, education and technical assistance to businesses, institutions and farms to help them save energy, reduce...

COMMERCIAL - CET partners with government, industry and foundations to provide outreach, education and technical assistance to businesses, institutions and farms to help them save energy, reduce waste and improve environmental performance. Services include innovative pilot and production scale work in wasted food recovery, energy efficiency, renewable energy, waste reduction and recycling. CET also provides energy efficiency services to existing multi-family homes for customers of utility companies. These services included energy audits with installation of energy efficient lighting and other savings measures as well as recommending, arranging and inspecting contracted insulation and air sealing work to save additional energy.

Program 2

Expenses: $2,878,745

RESIDENTIAL - CET partners with government, industry and foundations to perform innovative pilot programs to help increase energy savings in homes, participation in these practices, and the health...

RESIDENTIAL - CET partners with government, industry and foundations to perform innovative pilot programs to help increase energy savings in homes, participation in these practices, and the health and economic benefits to participants. CET also provides energy efficiency services to existing single family homes for customers of utility companies. These services include energy audits with installation of energy efficient lighting and other savings measures as well as recommending, arranging and inspecting contracted insulation and air sealing work to save additional energy. CET also provides technical assistance to builders and homeowners to improve the environmental performance of new homes. Services include plan review, recommendations, inspection and verification, and assistance with participation in incentive and rating programs (Energy Star, LEED for Homes) and code compliance.

Program 3

Expenses: $1,415,255

RETAIL - CET OPERATES ECOBUILDING BARGAINS, A USED BUILDING MATERIALS STORE THAT ACCEPTS DONATIONS OF USED AND SURPLUS DOORS, WINDOWS, CABINETS, AND PLUMBING AND ELECTRICAL FIXTURES TO SAVE THEM FROM...

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,571,549

Program Service Revenue $7,152,100

Investment Income $30,767

Other Revenue $1,235,720

TOTAL REVENUE $11,990,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,375,068

Fundraising Expenses $93,976

Program Expenses $10,424,941

Other Expenses $3,784,688

TOTAL EXPENSES $12,159,756

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,990,136	$10,965,901	+0.1%
Expenses	$12,159,756	$11,377,414	+0.1%
Net Income	$-169,620	$-411,513	-0.6%

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

122

Volunteers

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

$155,975

Total Directors