DISTRIBUTED WIND ENERGY ASSOCIATION INC (EIN 273336976) - 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

Michael Bergey

Phone

4052046653

Tax Period

2023-01-01 to 2023-12-31

DISTRIBUTED WIND ENERGY ASSOCIATION INC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $276K in total revenue in fiscal year 2023. Revenue surged 162% from the prior year, signaling strong growth momentum. The organization ran a surplus of $112K, a strong 41% operating margin.

Mission

The Distributed Wind Energy Association is a collaborative group comprised of manufacturers, distributors, project developers, dealers, installers, and advocates whose primary mission is to promote and foster all aspects of the U.S. distributed wind industry.

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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 $500

Program Service Revenue $175,835

Investment Income $0

Other Revenue $100,000

TOTAL REVENUE $276,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $167,681

Other Expenses $164,224

TOTAL EXPENSES $164,224

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,335	$105,375	+1.6%
Expenses	$164,224	$117,006	+0.4%
Net Income	$112,111	$-11,631	-10.6%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Bergey	President	5	Officer Director	$0	$0	$0
James Duffy	Secretary	0	Officer Director	$0	$0	$0
Trudy Forsyth	Vice President	0	Officer Director	$0	$0	$0
Padma Kasthurirangan	Treasurer	0	Officer Director	$0	$0	$0
Jaron Goddard	Director	0	Director	$0	$0	$0
Ryan Storke	Director	0	Director	$0	$0	$0
Daniel Clunies	Director	0	Director	$0	$0	$0
Velumani Vadiappan	Director	0	Director	$0	$0	$0
Robert Wills	Director	0	Director	$0	$0	$0
Chris Diaz	Director	0	Director	$0	$0	$0
Ian Sleger	Director	0	Director	$0	$0	$0
Shawn Martin	Director	0	Director	$0	$0	$0
John Mogensen	Director	0	Director	$0	$0	$0
Ken Kotalik	Director	0	Director	$0	$0	$0
Paul Rowan	Director	0	Director	$0	$0	$0
Steve Sherr	Director	0	Director	$0	$0	$0
Brett Pingree	Director	0	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
2024	No data	No data	No data	No data
2023	$276,335	$164,224	$169,475	$112,111

DISTRIBUTED WIND ENERGY ASSOCIATION INC