LOCAL ENERGY AGGREGATION NETWORK

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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

2011

Legal Domicile

Principal Officer

JOHN KELLY

Phone

4158888007

Tax Period

2020-01-01 to 2020-12-31

LOCAL ENERGY AGGREGATION NETWORK, founded in 2011, is a small nonprofit in the Environment sector that reported $240K in total revenue in fiscal year 2020. Revenue decreased 12% compared to the prior year. Expenses of $279K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO ACCELERATE THE EXPANSION AND COMPETITIVE SUCCESS OF CLEAN ENERGY CCAS NATIONWIDE

Program Service Accomplishments

Program 1

Expenses: $278,721 Revenue: $202,931

EDUCATING GOVERNMENTS AND CITIZENS ABOUT, AND FOSTERING, CONSUMER ENERGY CHOICE AND AFFORDABLE ELECTRICITY RATES, RAPID EXPANSION OF RENEWABLE POWER AND ENERGY EFFICIENCY, AGGRESSIVE REDUCTION OF...

EDUCATING GOVERNMENTS AND CITIZENS ABOUT, AND FOSTERING, CONSUMER ENERGY CHOICE AND AFFORDABLE ELECTRICITY RATES, RAPID EXPANSION OF RENEWABLE POWER AND ENERGY EFFICIENCY, AGGRESSIVE REDUCTION OF CARBON EMISSIONS, LOCAL CONTROL OF ENERGY RESOURCES, THE REGIONAL BENEFITS THAT CAN BE REALIZED THROUGH EXPANDED COMMUNITY CHOICE AGGREGATION - SUCH AS JOBS CREATION AND ECONOMIC OPPORTUNITY; AND REPRESENTING THE INTERESTS OF CONSUMERS IN ADMINISTRATIVE AND JUDICIAL PROCEEDINGS CONCERNING PUBLIC UTILITIES MATTERS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $35,000

Program Service Revenue $202,931

Investment Income $0

Other Revenue $1,821

TOTAL REVENUE $239,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $137,000

Fundraising Expenses $0

Program Expenses $278,721

Other Expenses $141,721

TOTAL EXPENSES $278,721

Year-over-Year Comparison

	2020	2019	Change
Revenue	$239,752	$273,627	-0.1%
Expenses	$278,721	$292,877	0.0%
Net Income	$-38,969	$-19,250	+1.0%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALISON ELLIOTT	INTERIM EXEC	40.00	Director	$0	$0	$0
MIKE GORDON	DIRECTOR	2.00	Director	$0	$0	$0
PAUL GROMER	DIRECTOR	2.00	Director	$0	$0	$0
CODY HOOVEN	DIRECTOR	2.00	Director	$0	$0	$0
JOHN KELLY	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JEFF SHIELDS	TREASURER	2.00	Officer 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
2020	$239,752	$278,721	$99,157	$-38,969
2019	$273,627	$292,877	$93,797	$-19,250
2018	$529,456	$498,564	$114,830	$30,892