US-China Clean Energy Forum

EIN: 262792356 Community Improvement

Seattle, WA

Total Revenue
$61,415
Total Expenses
$95,783
Total Assets
$4,040
Net Assets
$4,040
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
WA
Principal Officer
Dennis Bracy
Phone
2067787556
Tax Period
2018-01-01 to 2018-12-31

US-China Clean Energy Forum, founded in 2008, is a micro nonprofit in the Community Improvement sector that reported $61K in total revenue in fiscal year 2018. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $96K exceeded revenue, resulting in a 56% operating deficit.

Mission

Recognizing the importance of how the US and China - the world's largest energy users - move toward greater efficiency and the development of clean energy sources, a bipartisan group of senior leaders from the US and senior officials from China's National Development and Reform Commission agreed to create a high-level, private-sector-led organization to address how the US and China can move beyond good intentions and dramatically increase our cooperation on clean energy technologies and alternative fuels by identifying and removing barriers. In addition to developing joint energy projects, there is a heavy emphasis on the policies the two nations must adopt to leverage the results from the joint projects and spread them widely. There also is close cooperation with the official, government-to-government Clean Energy Research Center CERC and the Strategic and Economic Dialogue S&ED so that the solutions developed by the forum can be implemented in the near term by our two nations.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $61,415
Investment Income $0
Other Revenue $0
TOTAL REVENUE $61,415

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $2,433
Program Expenses $100,759
Other Expenses $95,783
TOTAL EXPENSES $95,783

Year-over-Year Comparison

2018 2017 Change
Revenue $61,415 $228,159 -0.7%
Expenses $95,783 $259,294 -0.6%
Net Income $-34,368 $-31,135 +0.1%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
4
Independent Members
2
Employees
N/A
Volunteers
2

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
$55,000
Total Directors
4
$79,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dennis Bracy President & CEO 35.00
Officer Director
$0 $0 $55,000
Stacy Baird Director 10.00
Director
$0 $0 $24,000
Doug Staker Secretary 0.50
Officer Director
$0 $0 $0
John Gardner Director 0.50
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
2018 $61,415 $95,783 $4,040 $-34,368
2017 $228,159 $259,294 $54,418 $-31,135
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