CENTER FOR ENERGY WORKFORCE DEVELOPMENT (EIN 204504014) - 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

2006

Legal Domicile

Principal Officer

MELISSA HENRIKSEN

Phone

2026385802

Tax Period

2023-01-01 to 2023-12-31

CENTER FOR ENERGY WORKFORCE DEVELOPMENT, founded in 2006, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 115% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 35% operating margin.

Mission

TO BUILD THE ALLIANCES, PROCESSES, AND TOOLS TO DEVELOP TOMORROW'S ENERGY WORKFORCE.

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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 $3,279,946

Program Service Revenue $158,405

Investment Income $4,494

Other Revenue $0

TOTAL REVENUE $3,442,845

Expense Breakdown

Grants Paid $120

Salaries & Benefits $615,459

Fundraising Expenses $121,362

Program Expenses $1,955,050

Other Expenses $1,627,463

TOTAL EXPENSES $2,248,580

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,442,845	$1,603,073	+1.1%
Expenses	$2,248,580	$1,826,730	+0.2%
Net Income	$1,194,265	$-223,657	-6.3%

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

N/A

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

$1,476,363

Total Directors

$14,400,618

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR THOMAS KUHN	MEMBER	1.00	Director	$0	$8,803,592	$14,400,618
MR VIVEK ARORA	CHAIR	1.00	Director	$0	$0	$0
MR SILAS DULAN	VICE CHAIR	1.00	Director	$0	$0	$0
MR LUKE LITTEKEN	VICE CHAIR	1.00	Director	$0	$0	$0
MR RONALD REISING	VICE CHAIR	1.00	Director	$0	$0	$0
MS SHEILA ROSTIAC	VICE CHAIR	1.00	Director	$0	$0	$0
MS ADJA BA	MEMBER (AS OF JUNE 2023)	1.00	Director	$0	$0	$0
MR DONALD COLSTON	MEMBER	1.00	Director	$0	$0	$0
MS FRANKI COULTER	MEMBER (AS OF SEPT 2023)	1.00	Director	$0	$0	$0
MR ROBERT DARDEN	MEMBER	1.00	Director	$0	$0	$0
MS JOY DITTO	MEMBER (UNTIL JAN 2023)	1.00	Director	$0	$0	$0
MS SLOANE DRAKE	MEMBER (UNTIL JUNE 2023)	1.00	Director	$0	$0	$0
MS MEGAN DUNN	MEMBER	1.00	Director	$0	$0	$0
MR PETER FOJTIK	MEMBER (UNTIL MAY 2023)	1.00	Director	$0	$0	$0
MR GERARD GORLA	MEMBER	1.00	Director	$0	$0	$0
MS MARIA KORSNICK	MEMBER	1.00	Director	$0	$0	$0
MR MARK LINDGREN	MEMBER (AS OF JUNE 2023)	1.00	Director	$0	$0	$0
MS MCKELL PURNELL	MEMBER	1.00	Director	$0	$0	$0
MS SHERYL RIGGS	MEMBER (UNTIL MAY 2023)	1.00	Director	$0	$0	$0
MS MICHELE RINN	MEMBER	1.00	Director	$0	$0	$0
MR DAVID SCHRYVER	MEMBER	1.00	Director	$0	$0	$0
MS TRACEY STEINER	MEMBER (AS OF 6/2023)	1.00	Director	$0	$0	$0
MS JEN SZARO	MEMBER (AS OF 11/2023)	1.00	Director	$0	$0	$0
MR DAVID VOSVICK	MEMBER (UNTIL 6/2023)	1.00	Director	$0	$0	$0
MS DARLA ZINK	MEMBER (JUNE-SEPT 2023)	1.00	Director	$0	$0	$0
MS MELISSA HENRIKSEN	EXECUTIVE DIRECTOR	45.00	Officer	$315,546	$42,537	$358,083
MS COURTNEY PETERSON	CHIEF ADMINISTRATIVE OFFICER	3.00	Officer	$0	$65,250	$554,149
MR LOUIS BECKA	TREASURER	1.00	Officer	$0	$50,402	$278,976
MS VICTORIA CALDERON	GENERAL COUNSEL & SECRETARY	1.00	Officer	$0	$50,193	$285,155
MS LORI BRADY	DEPUTY DIRECTOR	1.00	Officer	$0	$0	$0
MS KRISTIE KELLEY	DIRECTOR, WORKFORCE DEVELOPMENT	45.00	Highest	$132,950	$39,865	$172,815

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	No data	No data	No data	No data
2023	$3,442,845	$2,248,580	$2,939,791	$1,194,265
2022	$1,603,073	$1,826,730	$1,611,293	$-223,657
2021	$1,954,932	$1,228,434	$1,886,153	$726,498
2020	$1,075,273	$1,054,820	$785,270	$20,453
2019	$1,278,146	$1,379,591	$618,788	$-101,445
2018	$1,310,422	$1,247,516	$598,100	$62,906

CENTER FOR ENERGY WORKFORCE DEVELOPMENT