INNOVATION CENTER FOR ENERGY AND SUSTAINABILITY (EIN 262619591) - 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

2008

Legal Domicile

Principal Officer

FENG AN

Phone

6265009647

Tax Period

2024-01-01 to 2024-12-31

INNOVATION CENTER FOR ENERGY AND SUSTAINABILITY, founded in 2008, is a small nonprofit in the Environment sector that reported $863K in total revenue in fiscal year 2024. Revenue surged 143% from the prior year, signaling strong growth momentum. The organization ran a surplus of $355K, a strong 41% operating margin.

Mission

PROMOTE CLEAN ENERGY AND SUSTAINABLE TRANSPORTATION TO MITIGATE CLIMATE CHANGE AROUND THE WORLD.

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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 $861,000

Program Service Revenue $0

Investment Income $1,576

Other Revenue $0

TOTAL REVENUE $862,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,344

Fundraising Expenses $0

Program Expenses $449,606

Other Expenses $303,348

TOTAL EXPENSES $507,692

Year-over-Year Comparison

	2024	2023	Change
Revenue	$862,576	$354,512	+1.4%
Expenses	$507,692	$470,561	+0.1%
Net Income	$354,884	$-116,049	-4.1%

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

$137,727

Total Directors

$137,727

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FENG AN	DIRECTORPRESIDENT	40.00	Officer Director	$108,000	$29,727	$137,727
KATE BLUMBERG	DIRECTOR	0.00	Director	$0	$0	$0
JOHN DECICCO	DIRECTOR	0.00	Director	$0	$0	$0
JIM D BOYD	DIRECTOR	0.00	Director	$0	$0	$0
FUQIANG YANG	DIRECTOR	0.00	Director	$0	$0	$0
ROBYN CAMP	DIRECTOR	0.00	Director	$0	$0	$0
JING ZHANG	CFO	0.00	Officer	$0	$0	$0
ALEX MORALES	SECRETARY	0.00	Officer	$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	$862,576	$507,692	$726,076	$354,884
2023	$354,512	$470,561	$330,361	$-116,049
2022	$312,808	$496,184	$405,746	$-183,376
2021	$927,189	$687,422	$608,835	$239,767
2020	$384,054	$474,625	$399,038	$-90,571
2019	$596,914	$407,318	$317,535	$189,596
2018	$468,389	$575,261	$130,842	$-106,872

INNOVATION CENTER FOR ENERGY AND SUSTAINABILITY