ENERGY FEDERATION INC (EIN 042790398) - 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

1982

Legal Domicile

Principal Officer

PAUL DANEHY

Phone

5088702277

Tax Period

2022-07-01 to 2023-06-30

ENERGY FEDERATION INC, founded in 1982, is a mid-sized nonprofit that reported $14.4M in total revenue in fiscal year 2022. Revenue decreased 14% compared to the prior year. Expenses of $19.6M exceeded revenue, resulting in a 36% operating deficit.

Mission

ENERGY FEDERATION, INC. (EFI) WAS ESTABLISHED IN 1982 AS A MASSACHUSETTS 501(C)(4) NOT FOR PROFIT ORGANIZATION WITH THE PURPOSE OF PROVIDING QUALITY AFFORDABLE CONSERVATION PRODUCTS TO THE PUBLIC AND ASSISTING THEM IN USING ENERGY RESOURCES EFFICIENTLY. IN 1985 EFI PARTNERED WITH OTHER ORGANIZATIONS TO DESIGN AND IMPLEMENT SUCCESSFUL RESOURCE CONSERVATION SERVICE AUDIT PROGRAMS FOR ELECTRIC UTILITIES. THIS LED TO EFI SUPPLYING ENERGY EFFICIENCY PRODUCTS FOR INSTALLATION IN HOMES DURING ENERGY AUDITS.TODAY, EFI'S CURRENT WORK CAN LARGELY CAN BE SEGMENTED INTO TWO CATEGORIES:-THE DISTRIBUTION OF ENERGY EFFICIENCY-RELATED PRODUCTS, AND -THE PROVISION OF SERVICES THROUGH WHICH FINANCIAL INCENTIVES ARE USED TO ACCELERATE THE ADOPTION OF ENERGY EFFICIENT TECHNOLOGIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,615,677

Investment Income $2,658

Other Revenue $8,787,801

TOTAL REVENUE $14,406,136

Expense Breakdown

Grants Paid $10,300

Salaries & Benefits $10,119,297

Fundraising Expenses $0

Program Expenses $14,379,554

Other Expenses $9,500,478

TOTAL EXPENSES $19,630,075

Year-over-Year Comparison

	2022	2021	Change
Revenue	$14,406,136	$16,691,076	-0.1%
Expenses	$19,630,075	$20,836,329	-0.1%
Net Income	$-5,223,939	$-4,145,253	+0.3%

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

189

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

$1,660,491

Total Directors

$1,125,822

Key Employees

$750,579

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID LONG	DIRECTOR	1.00	Director	$2,000	$0	$2,000
RACHEL KEMP	DIRECTOR	1.00	Director	$2,000	$0	$2,000
LAURA MATZ	DIRECTOR	1.00	Director	$2,000	$0	$2,000
NANCY NYLEN	DIRECTOR	1.00	Director	$2,000	$0	$2,000
PAUL DANEHY	CEO/PRESIDENT	40.00	Officer Director	$724,975	$35,876	$760,851
JULIA HARMATZ	GENERAL COUNSEL/SEC (UNTIL 7/22)	40.00	Officer Director	$115,749	$15,829	$131,578
DONALD MUIR	CFO/TREASURER	40.00	Officer Director	$202,434	$22,959	$225,393
JOHN NAUGHTON	CHIEF OPERATING OFF (UNTIL 7/22)	40.00	Officer	$250,582	$17,851	$268,433
DAVID LEUCI	CHIEF INFORMATION OFFICER	40.00	Officer	$240,446	$33,790	$274,236
PHILIP SCARBRO	VP OF BUSINESS DEVELOPMENT	40.00	Key Emp	$171,179	$32,129	$203,308
JONATHAN COONS	DIRECTOR, MARKETING (UNTIL 6/23)	40.00	Key Emp	$153,673	$2,455	$156,128
BRIAN KISSANE	DIRECTOR, CLIENT SUCCESS MANAGEMENT	40.00	Key Emp	$151,351	$32,172	$183,523
SHAWN BARRATT	IT APPLICATIONS DEVELOPMENT MANAGER	40.00	Key Emp	$175,206	$32,414	$207,620
STAHLER JOSEPH	SYSTEM ADMINISTRATOR	40.00	Highest	$129,545	$31,950	$161,495
CHRISTOPHER PALAIMA	DIRECTOR, SUPPLY CHAIN (UNTIL 4/23)	40.00	Highest	$140,444	$21,065	$161,509
JOHN MARSHEA	DIRECTOR, FINANCE	40.00	Highest	$133,890	$32,145	$166,035
STEPHEN STARK	PRINCIPLE ENGINEER	40.00	Highest	$121,564	$31,932	$153,496
THOMAS GENDRON	MANAGER, PROJECT MGMT (UNTIL 6/23)	40.00	Highest	$123,017	$31,805	$154,822

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$14,406,136	$19,630,075	$48,036,597	$-5,223,939
2022	$16,691,076	$20,836,329	$39,580,023	$-4,145,253
2021	$24,563,944	$24,117,819	$40,085,660	$446,125
2020	$23,838,913	$23,420,975	$36,369,024	$417,938
2019	$25,255,706	$24,270,700	$43,397,812	$985,006
2018	$23,053,787	$22,212,927	$62,981,839	$840,860

ENERGY FEDERATION INC