GREEN LIGHT NEW YORKINC DBA BUILDING ENERGY EXCHANGE (BEEX)

EIN: 271274041 501(c)(3) Education

NEW YORK, NY

Total Revenue
$1,030,754
Total Expenses
$1,231,781
Total Assets
$773,008
Net Assets
$518,689
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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
NY
Principal Officer
RICHARD YANCEY
Phone
2123493900
Tax Period
2023-01-01 to 2023-12-31

GREEN LIGHT NEW YORKINC DBA BUILDING ENERGY EXCHANGE (BEEX), founded in 2009, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 20% operating deficit.

Mission

GREEN LIGHT NEW YORK, DBA BUILDING ENERGY EXCHANGE (BEEX), IS NEW YORK'S INDEPENDENT, NONPROFIT RESOURCE CENTER FOR ENERGY EFFICIENCY IN THE BUILT ENVIRONMENT. BBEX CONNECTS THE NEW YORK REAL ESTATE AND DESIGN COMMUNITIES TO ENERGY AND LIGHTING EFFICIENCY SOLUTIONS THROUGH EDUCATION, EXHIBITION, TECHNOLOGY DEMONSTRATIONS, AND RESEARCH. BEEX IDENTIFIES OPPORTUNITIES, NAVIGATES BARRIERS TO ADOPTION, BROKERS RELATIONSHIPS, AND SHOWCASES BEST PRACTICES AT ITS RESOURCE CENTER IN DOWNTOWN MANHATTAN.

Program Service Accomplishments

Program 1
Expenses: $1,035,620 Revenue: $1,030,754

42DEVELOPMENT OF A PUBLIC RESOURCE CENTER TO FURTHER ENERGY AND LIGHTING EFFICIENCY IN THE BUILT ENVIRONMENT. DEVELOPMENT AND DELIVERY OF PROGRAMS, TRAINING, AND EVENTS THAT EDUCATE AND ENCOURAGE THE...

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42DEVELOPMENT OF A PUBLIC RESOURCE CENTER TO FURTHER ENERGY AND LIGHTING EFFICIENCY IN THE BUILT ENVIRONMENT. DEVELOPMENT AND DELIVERY OF PROGRAMS, TRAINING, AND EVENTS THAT EDUCATE AND ENCOURAGE THE ADOPTION OF ENERGY AND LIGHTING EFFICIENCY TECHNOLOGIES AND BEST PRACTICES. GRANTS USED FOR EDUCATIONAL PROGRAM DEVELOPMENT AND DELIVERY; RESEARCH ON ENERGY EFFICIENCY OPPORTUNITIES AND TECHNOLOGIES; DESIGN AND FABRICATION OF EXHIBITS ON ENERGY EFFECTIVE LIGHTING; RESOURCE CENTER LEASEHOLD IMPROVEMENT DESIGN AND CONSTRUCTION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,030,754
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,030,754

Expense Breakdown

Grants Paid $0
Salaries & Benefits $688,218
Fundraising Expenses $0
Program Expenses $1,035,620
Other Expenses $543,563
TOTAL EXPENSES $1,231,781

Year-over-Year Comparison

2023 2022 Change
Revenue $1,030,754 $1,143,851 -0.1%
Expenses $1,231,781 $1,318,954 -0.1%
Net Income $-201,027 $-175,103 +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

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

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Governance

Voting Members
21
Independent Members
21
Employees
12
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
5
$200,167
Total Directors
21
$200,167
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD YANCEY EXECUTIVE DIRECTOR 40.00
Officer Director
$200,167 $0 $200,167
JONATHAN FLAHERTY CHAIR OF THE BOARD 5.00
Officer Director
$0 $0 $0
DONNA DE COSTANZO VICE CHAIR 5.00
Officer Director
$0 $0 $0
EMILY DEAN TREASURER 5.00
Officer Director
$0 $0 $0
E GAIL SUCHMAN SECRETARY 5.00
Officer Director
$0 $0 $0
CHARLES CAMERON DIRECTOR 5.00
Director
$0 $0 $0
REBECCA CRAFT DIRECTOR 5.00
Director
$0 $0 $0
JAN BERMAN DIRECTOR 5.00
Director
$0 $0 $0
LOUIS RIZZO DIRECTOR 5.00
Director
$0 $0 $0
PAT SAPINSLEY DIRECTOR 5.00
Director
$0 $0 $0
SYDNEY MAINSTER DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL BARRY DIRECTOR 5.00
Director
$0 $0 $0
DANIEL KINDBERGH DIRECTOR 5.00
Director
$0 $0 $0
GREG ELCOCK DIRECTOR 5.00
Director
$0 $0 $0
CINDY QUAN DIRECTOR 5.00
Director
$0 $0 $0
ZACH STEINBERG DIRECTOR 5.00
Director
$0 $0 $0
DANIEL EGAN DIRECTOR 5.00
Director
$0 $0 $0
LAUREN MOSS DIRECTOR 5.00
Director
$0 $0 $0
ANGELA PINSKY DIRECTOR 5.00
Director
$0 $0 $0
DAVID WORK DIRECTOR 5.00
Director
$0 $0 $0
ELIJAH HUTCHINSON EX-OFFICIO DIRECTOR 5.00
Director
$0 $0 $0
KATIE SCHWAMB DIRECTOR, EDUCATIONAL RESOURCES 40.00
Highest
$108,667 $0 $108,667
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 $1,030,754 $1,231,781 $773,008 $-201,027
2022 $1,143,851 $1,318,954 $904,099 $-175,103
2021 $1,342,984 $1,398,323 $1,181,484 $-55,339
2020 $1,383,178 $1,197,628 $1,187,059 $185,550
2019 $1,393,284 $1,142,847 $892,658 $250,437
2018 $936,274 $935,766 $715,770 $508
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