EcoWorks

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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

1981

Legal Domicile

Phone

3138941030

Tax Period

2022-06-01 to 2023-05-31

EcoWorks, founded in 1981, is a community nonprofit in the Housing & Shelter sector that reported $1.9M in total revenue in fiscal year 2022. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $311K, a strong 17% operating margin.

Mission

EcoWorks creates opportunities to learn and practice the sustainable use of energy and natural resources through innovative education, job training, consulting, social business and advocacy.

Program Service Accomplishments

Program 1

Expenses: $43,447 Revenue: $0

The Youth Energy Squad (YES) grows the next generation of green leaders by engaging young people from diverse backgrounds in hands-on and place-based projects that make their homes, schools and...

The Youth Energy Squad (YES) grows the next generation of green leaders by engaging young people from diverse backgrounds in hands-on and place-based projects that make their homes, schools and communities more sustainable for everyone. We facilitate student-led green teams in more than 50 Detroit area schools and provide weekly, placed-based education programming to address pressing environmental and social justice issues.

Program 2

Expenses: $816,286 Revenue: $0

Eco-D (formerly Residential Education) - Eco-D provides residents and community organizations with resources to achieve healthy affordable, resileint and energy secure homes and neighborhoods. This work includes teaching residents low and no cost ways to reduce their energy and water consumption, in-home nergy assessments and efficiency upgrages, and researsh and advocacy for a stronger utility affordability safety net.

Program 3

Expenses: $308,211 Revenue: $0

Strategic Community Initiatives developes custom-fit energy efficiency and clean nergy solutions for municipalities, school districts, hospitals, small businesses and non-profit organizations. Our...

Strategic Community Initiatives developes custom-fit energy efficiency and clean nergy solutions for municipalities, school districts, hospitals, small businesses and non-profit organizations. Our holistic energy management approach enables clients to: 1) meet climate and clean energy targets; 2) improve resiience to extreme weather events, 3) and promote an equitable, just transition to a carbon-free future.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,170,872

Program Service Revenue $619,299

Investment Income $0

Other Revenue $88,495

TOTAL REVENUE $1,878,666

Expense Breakdown

Grants Paid $53,885

Salaries & Benefits $425,326

Fundraising Expenses $0

Program Expenses $1,167,944

Other Expenses $1,088,080

TOTAL EXPENSES $1,567,291

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,878,666	$1,984,326	-0.1%
Expenses	$1,567,291	$1,691,079	-0.1%
Net Income	$311,375	$293,247	+0.1%

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

Volunteers

200

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

$77,761

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J SCOTT BECKERMAN	CHAIR	3.00	Director	$0	$0	$0
DONOVAN WHITE	VICE PRESIDENT	3.00	Director	$0	$0	$0
ERIN GRAY	TREASURER	3.00	Director	$0	$0	$0
JOHN OILAR	SECRETARY	3.00	Director	$0	$0	$0
MELANIE ODOM	INTERIM EXECUTIVE DIRECTOR	40.00	Officer	$28,800	$0	$28,800
BRYAN LEWIS	EXECUTIVE DIRECTOR	40.00	Officer	$48,961	$0	$48,961

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	$1,878,666	$1,567,291	$1,461,827	$311,375
2022	$1,984,326	$1,691,079	$1,467,952	$293,247
2021	$1,669,950	$1,973,729	$1,097,616	$-303,779
2020	$1,415,046	$1,438,140	$1,095,746	$-23,094
2019	$3,233,946	$2,884,944	$1,026,856	$349,002
2019	$3,068,593	$2,905,227	$1,051,008	$163,366
2018	$2,326,447	$2,517,348	$1,039,882	$-190,901