TECH BELT ENERGY INNOVATION CENTER (EIN 272660738) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

RICK STOCKBURGER

Phone

3303953500

Tax Period

2023-01-01 to 2023-12-31

TECH BELT ENERGY INNOVATION CENTER, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $2.6M left a modest 12% surplus.

Mission

BRITE IS AN INNOVATION-FIRST ECOSYSTEM ADVANCING THE TRANSITION TO A CLEAN ENERGY ECONOMY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,533,989

Program Service Revenue $367,949

Investment Income $23

Other Revenue $383

TOTAL REVENUE $2,902,344

Expense Breakdown

Grants Paid $110,000

Salaries & Benefits $999,844

Fundraising Expenses $94,325

Program Expenses $1,953,355

Other Expenses $1,388,564

TOTAL EXPENSES $2,560,446

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,902,344	$2,228,427	+0.3%
Expenses	$2,560,446	$2,153,189	+0.2%
Net Income	$341,898	$75,238	+3.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$149,602

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE HRIPKO	CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL STACEY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
TIM PETREY	TREASURER	1.00	Officer Director	$0	$0	$0
DJIFA AMEFIA	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN BRIDGES	SECRETARY	1.00	Officer Director	$0	$0	$0
MUHAMMAD EJAZ	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY GRAS	DIRECTOR	1.00	Director	$0	$0	$0
AL GREEN	DIRECTOR	1.00	Director	$0	$0	$0
ALEX FITZSIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
ALEXA SWEENEY-BLACKANN	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER TAYLOR-MIESLE	DIRECTOR	1.00	Director	$0	$0	$0
STAN FERET	DIRETOR	1.00	Director	$0	$0	$0
CHUCK GEORGE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HARTLEY	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY TREVENA	DIRECTOR	1.00	Director	$0	$0	$0
RICK STOCKBURGER	CEO & PRESIDENT	50.00	Officer	$127,590	$22,012	$149,602
SARA DAUGHERTY	CHIEF OF STAFF	40.00	Highest	$109,089	$9,293	$118,382
JING LYON	INNOVATION SERVICES DIRECTOR	40.00	Highest	$101,770	$3,017	$104,787

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	$2,902,344	$2,560,446	$4,808,591	$341,898
2022	$2,228,427	$2,153,189	$4,246,321	$75,238
2021	$1,534,649	$1,780,293	$4,035,636	$-245,644
2020	$1,537,403	$1,525,199	$4,240,707	$12,204
2019	$706,108	$675,794	$4,063,611	$30,314
2018	$271,152	$721,703	$3,914,450	$-450,551

TECH BELT ENERGY INNOVATION CENTER