THE ENERGY INDUSTRIES OF OHIO

EIN: 341928623 501(c)(3)

Independence, OH

Total Revenue
N/A
Total Expenses
$624,234
Total Assets
N/A
Net Assets
N/A
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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
2000
Legal Domicile
OH
Principal Officer
EDWARD J GALASKA
Phone
2167718038
Tax Period
2023-01-01 to 2023-12-31

Mission

TO DEVELOP, DEMONSTRATE, AND INCUBATETECHNOLOGIES THAT WILL IMPROVE THE COMPETITIVENESSD OF OHIO INDUSTRIES THROUGH INCREASED ENERGY EFFICIENCY, REDUCED OPERATING COSTS AND IMPROVED ENVIRONMENTAL PERFORMANCE.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $535,162
Fundraising Expenses $0
Program Expenses $390,329
Other Expenses $89,072
TOTAL EXPENSES $624,234

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $2,031,210 -1.0%
Expenses $624,234 $2,177,453 -0.7%
Net Income N/A $-146,243 N/A
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
5
Independent Members
3
Employees
3
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
2
$434,382
Total Directors
5
$208,943
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD J GALASKA SECRETARY AND TREASURER 050.00
Officer
$175,530 $49,909 $225,439
ROBERT PURGERT PRESIDENT 040.00
Officer Director
$164,000 $44,943 $208,943
RAM NARULA TRUSTEE 001.00
Director
$0 $0 $0
NICK GATTOZZI TRUSTEE 001.00
Director
$0 $0 $0
ROBERT DZUGAN TRUSTEE 001.00
Director
$0 $0 $0
CHARLES HESSE TRUSTEE 001.00
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
2023 No data $624,234 No data No data
2022 $2,031,210 $2,177,453 $624,234 $-146,243
2021 $4,328,724 $4,136,715 $770,477 $192,009
2020 $3,293,106 $3,299,662 $578,468 $-6,556
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