ADOPT A CHARGER INC (EIN 451608783) - 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

2011

Legal Domicile

Phone

3107667160

Tax Period

2024-01-01 to 2024-12-31

ADOPT A CHARGER INC, founded in 2011, is a community nonprofit in the Environment sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 666% from the prior year, signaling strong growth momentum. Expenses of $3.6M left a modest 5% surplus.

Mission

ADOPT A CHARGER, INC. EXISTS TO SOLICIT CORPORATE SPONSORSHIP OF ELECTRIC VEHICLE CHARGERS IN PUBLIC PLACES TO PROMOTE THE WIDE SPREAD ADOPTION OF ELECTRIC VEHICLES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,582,932

Program Service Revenue $201,600

Investment Income $650

Other Revenue $0

TOTAL REVENUE $3,785,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,257

Fundraising Expenses $0

Program Expenses $3,575,781

Other Expenses $3,467,675

TOTAL EXPENSES $3,597,932

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,785,182	$494,065	+6.7%
Expenses	$3,597,932	$264,709	+12.6%
Net Income	$187,250	$229,356	-0.2%

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

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

$121,000

Total Directors

$121,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHRYN ADAMS HOKSBERGEN	Secretary	30.00	Officer Director	$121,000	$0	$121,000
PAUL SCOTT	President	10.00	Officer Director	$0	$0	$0
MARC GELLER	Director	10.00	Director	$0	$0	$0
Elise Keddie	Director	10.00	Director	$0	$0	$0
Felix Oduyemi	Director	10.00	Director	$0	$0	$0
David Patterson	Treasurer	10.00	Officer Director	$0	$0	$0
Dean Taylor	Director	5.00	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
2025	No data	No data	No data	No data
2024	$3,785,182	$3,597,932	$617,749	$187,250
2022	$351,021	$527,060	$191,618	$-176,039
2021	$431,714	$298,297	$320,645	$133,417

ADOPT A CHARGER INC