Potential Energy Inc

EIN: 261321043 501(c)(3) International Affairs

Emeryville, CA

Total Revenue
$310,571
Total Expenses
$359,368
Total Assets
$224,876
Net Assets
$52,702
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CA
Principal Officer
Jessica De Clerck
Phone
9713863195
Tax Period
2024-01-01 to 2024-12-31

Potential Energy Inc, founded in 2007, is a small nonprofit in the International Affairs sector that reported $311K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $359K exceeded revenue, resulting in a 16% operating deficit.

Mission

Potential Energy adapts and scales technologies that improve lives in developing countries.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,367
Program Service Revenue $0
Investment Income $335,012
Other Revenue $-36,808
TOTAL REVENUE $310,571

Expense Breakdown

Grants Paid $5,138
Salaries & Benefits $291,918
Fundraising Expenses $28,658
Program Expenses $279,520
Other Expenses $62,312
TOTAL EXPENSES $359,368

Year-over-Year Comparison

2024 2023 Change
Revenue $310,571 $555,573 -0.4%
Expenses $359,368 $332,052 +0.1%
Net Income $-48,797 $223,521 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
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
2
$252,162
Total Directors
6
$252,162
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessica De Clerck Managing Director 40.00
Officer Director
$252,162 $0 $252,162
Tyler Valiquette Board Chair 1.00
Officer Director
$0 $0 $0
Mikhail Sharov Board Member 1.00
Director
$0 $0 $0
Kevin Blake Board Member 1.00
Director
$0 $0 $0
Tracy Cheung Board Member 1.00
Director
$0 $0 $0
Brad Alexander Board Member 1.00
Director
$0 $0 $0
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 $310,571 $359,368 $224,876 $-48,797
2023 $555,573 $332,052 $278,610 $223,521
2020 $241,580 $163,184 $22,859 $78,396
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Potential Energy Inc with other nonprofits in California and across the country.