BUILT ENVIRONMENT PLUS

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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

2009

Legal Domicile

Principal Officer

MEREDITH ELBAUM

Phone

6177522422

Tax Period

2023-01-01 to 2023-12-31

BUILT ENVIRONMENT PLUS, founded in 2009, is a small nonprofit in the Education sector that reported $923K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

TO DRIVE SUSTAINABLE AND REGENERATIVE DESIGN, CONSTRUCTION, AND OPERATION OF THE BUILT ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $569,842 Revenue: $288,998

BUILT ENVIRONMENT PLUS, FORMERLY KNOWN AS THE USGBC MASSACHUSETTS CHAPTER, IS A MEMBERSHIP-BASED COMMUNITY ADVOCATING FOR GREEN BUILDINGS AT THE STATE AND LOCAL LEVEL. BUILT ENVIRONMENT PLUS PROVIDES GREEN BUILDING EDUCATION, NETWORKING, ADVOCACY, AND LEADERSHIP OPPORTUNITIES FOR THE SUBSTAINABLE BUILDING PRACTITIONER COMMUNITY AND BEYOND. OUR EVENTS AND PROGRAMMING ARE SUPPORTED AND ENHANCED BY THE VOLUNTEER EFFORTS FOR OUR COMMUNITY MEMBERS.OVER 600 PEOPLE PARTICIPATE AS MEMBERS & ACTIVE VOLUNTEERS, AND OVER 15,000 PEOPLE SUBSCRIBE TO OUR VARIOUS COMMUNICATON LISTS. THROUGH OUR MANY COMMITTEES, WE ADDRESS ALL ASPECTS OF THE GREENING OF THE REAL ESTATE SECTOR: PLANNING, DESIGN & ENGINEERING, CONSTRUCTION, MANAGEMENT & OPERATION, AND BEYOND. WE HELP ALL PRACTITIONERS BY PROMOTING MARKET TRANSFORMATION.

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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 $660,777

Program Service Revenue $288,998

Investment Income $3

Other Revenue $-27,268

TOTAL REVENUE $922,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $583,093

Fundraising Expenses $177,182

Program Expenses $569,842

Other Expenses $414,895

TOTAL EXPENSES $997,988

Year-over-Year Comparison

	2023	2022	Change
Revenue	$922,510	$762,742	+0.2%
Expenses	$997,988	$820,905	+0.2%
Net Income	$-75,478	$-58,163	+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

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

$122,060

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER TARANTO	CHAIR	3.00	Officer Director	$0	$0	$0
GALEN NELSON	TREASURER	1.00	Officer Director	$0	$0	$0
KRISTEN FRITSCH	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
SARAH MICHELMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
JULIE JANISKI	DIRECTOR	0.50	Director	$0	$0	$0
BRAD MAHONEY	DIRECTOR	0.50	Director	$0	$0	$0
REBECCA SCHOFIELD	DIRECTOR	0.50	Director	$0	$0	$0
KATE BUBRISKI	DIRECTOR	0.50	Director	$0	$0	$0
REBECCA RAHMLOW	DIRECTOR	0.50	Director	$0	$0	$0
N JONATHAN UNAKA	DIRECTOR	1.00	Director	$0	$0	$0
NEETU SIDDARTH	DIRECTOR	0.50	Director	$0	$0	$0
CHAD LAURENT	DIRECTOR	0.50	Director	$0	$0	$0
SANDHYA IYER	DIRECTOR	0.50	Director	$0	$0	$0
AXEL JEREMIE	DIRECTOR	1.00	Director	$0	$0	$0
MEREDITH ELBAUM	EXECUTIVE DIRECTOR	40.00	Officer	$122,060	$0	$122,060

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	$922,510	$997,988	$127,180	$-75,478
2022	$762,742	$820,905	$225,673	$-58,163
2021	$624,425	$617,450	$298,347	$6,975
2020	$555,457	$447,049	$220,015	$108,408
2019	$496,193	$502,289	$115,365	$-6,096
2018	$562,122	$663,202	$117,384	$-101,080
2018	$589,895	$689,669	$129,565	$-99,774