NEW YORK BATTERY AND ENERGY STORAGE TECHNOLOGY CONSORTIUM INC (EIN 272619304) - 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

2010

Legal Domicile

Principal Officer

WILLIAM ACKER

Phone

5184638644

Tax Period

2023-01-01 to 2023-12-31

NEW YORK BATTERY AND ENERGY STORAGE TECHNOLOGY CONSORTIUM INC, founded in 2010, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2023. Expenses of $1.7M left a modest 11% surplus.

Mission

BUILD A VIBRANT, WORLD CLASS ADVANCE BATTERY AND ENERGY STORAGE SECTOR IN NEW YORK STATE.

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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 $327,656

Program Service Revenue $1,620,494

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,948,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,531,278

Other Expenses $1,729,218

TOTAL EXPENSES $1,729,218

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,948,150	$1,899,830	+0.0%
Expenses	$1,729,218	$1,409,977	+0.2%
Net Income	$218,932	$489,853	-0.6%

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

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

Total Directors

Key Employees

$279,290

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICTOR CARDONA	DIRECTOR	1.00	Director	$0	$0	$0
FOUAD DAGHER	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL FITZGERALD	DIRECTOR	1.00	Director	$0	$0	$0
MATT FRONK	DIRECTOR	1.00	Director	$0	$0	$0
GREGG GELLER	DIRECTOR	1.00	Director	$0	$0	$0
JIM MISEWICH	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA LAMPE-ONNERUD	DIRECTOR	1.00	Director	$0	$0	$0
RYNE RAFFAELLE	DIRECTOR	1.00	Director	$0	$0	$0
SAUL ROJAS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SANDBANK	DIRECTOR	1.00	Director	$0	$0	$0
DAMIAN SCIANO	DIRECTOR	1.00	Director	$0	$0	$0
DAVID WHIPPLE	DIRECTOR	1.00	Director	$0	$0	$0
STANLEY WHITTINGHAM	VICE CHAIR OF RESEARCH	1.00	Officer Director	$0	$0	$0
KELLY SARBER	VICE CHAIR OF INDUSTRY	1.00	Officer Director	$0	$0	$0
PAUL MUTOLO	TREASURER/SECRETARY	5.00	Officer Director	$0	$0	$0
DAVION HILL	VICE CHAIR AT LARGE	5.00	Officer Director	$0	$0	$0
EVA GARDOW	CHAIR	5.00	Officer Director	$0	$0	$0
WILLIAM ACKER	EXECUTIVE DIRECTOR	40.00	Key Emp	$0	$0	$279,290
JOHN CERVENY	DIRECTOR OF RESOURCE MANAGEMENT	40.00	Highest	$0	$0	$130,000

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	$1,948,150	$1,729,218	$5,116,487	$218,932
2023	$1,921,377	$1,729,217	$5,168,398	$192,160
2022	$1,943,722	$1,409,977	$5,177,089	$533,745
2021	$2,108,250	$1,055,269	$4,945,596	$1,052,981
2020	$932,445	$958,210	$4,437,766	$-25,765
2019	$1,033,090	$1,124,327	$4,213,800	$-91,237
2018	$1,254,583	$1,225,291	$5,070,838	$29,292

NEW YORK BATTERY AND ENERGY STORAGE TECHNOLOGY CONSORTIUM INC