PITTSBURGH, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CENTER FOR RESPONSIBLE SHALE DEVELOPMENT INC, founded in 2011, is a small nonprofit in the Environment sector that reported $120K in total revenue in fiscal year 2018. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $180K exceeded revenue, resulting in a 50% operating deficit.
THE CENTER FOR RESPONSIBLE SHALE DEVELOPMENT, INC. (CRSD) BRINGS TOGETHER ENVIRONMENTAL, INDUSTRY, AND COMMUNITY RESPONSIBILITY WHEN A DECISION IS MADE TO DEVELOP AND EXTRACT SHALE
BEGINNING IN 2013, WE ADMINISTERED A THIRD-PARTY CERTIFICATION PROGRAM FOR SHALE OPERATORS WHO EXHIBITED LEADERSHIP IN ENVIRONMENTAL RESPONSIBILITY WHEN SHALE GAS RESOURCES ARE DEVELOPED. SHALE...
BEGINNING IN 2013, WE ADMINISTERED A THIRD-PARTY CERTIFICATION PROGRAM FOR SHALE OPERATORS WHO EXHIBITED LEADERSHIP IN ENVIRONMENTAL RESPONSIBILITY WHEN SHALE GAS RESOURCES ARE DEVELOPED. SHALE OPERATORS WITH OPERATIONS IN THE APPALACHIAN BASIN COULD APPLY FOR THIRD-PARTY CERTIFICATION FOR MEETING OR EXCEEDING OUR ORGANIZATION'S LEADING ENVIRONMENTAL PERFORMANCE STANDARDS. IN 2018, SEEING THAT A NUMBER OF OUR STANDARDS HAD BEEN MATCHED BY STATE REGULATORS AND SEEING THAT COMPANIES HAD INTERNALIZED OUR STANDARDS AS PRACTICES, CRSD BEGAN TO LOOK AT OPPORTUNITIES TO APPLY OUR KNOWLEDGE AND COMMITMENT TO ENVIRONMENTAL EXCELLENCE IN OTHER ASPECTS OF THE INDUSTRY. TO THAT END, WE UNDERTOOK A STRATEGIC PLANNING PROCESS TO BUILD ON OUR SUCCESSES AND LOOK FOR GREATER INFLUENCE. THE OUTCOMES OF THAT PROCESS WILL BE ADDRESSED IN 2019 AND LIKELY APPLIED IN 2020 WITH A GREATER FOCUS ON IMPACTS ALL ACROSS THE SHALE GAS VALUE CHAIN IN APPALACHIA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $120,253 | $359,540 | -0.7% |
| Expenses | $179,936 | $573,699 | -0.7% |
| Net Income | $-59,683 | $-214,159 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ARMOND COHEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR JARED COHON | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICHOLAS J DELULIIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JANE CS LONG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINE TODD WHITMAN | FORMER DIRECTOR - EXIT 9/2018 | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVITT WOODWELL | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL O'NEILL | FORMER DIRECTOR - EXIT 9/2018 | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN SCHLOTTERBECK | FORMER DIRECTOR - EXIT 9/2018 | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL DE WITT | FORMER DIRECTOR - EXIT 3/2018 | 1.00 |
Director
|
$0 | $0 | $0 |
| DR BERNARD GOLDSTEIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GWEN RUTA | FORMER DIRECTOR - EXIT 9/2018 | 1.00 |
Director
|
$0 | $0 | $0 |
| STACEY OLSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TONYA WILLIAMS | DIRECTOR - START 3/2018 | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN PACKARD LEGROS | PRES/EXEC DIRECTOR EXIT 3/2018 | 40.00 |
Officer
|
$66,209 | $0 | $66,209 |
| RICHARD WIEDMAN | SECRETARY | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $120,253 | $179,936 | $105,713 | $-59,683 |
Compare CENTER FOR RESPONSIBLE SHALE DEVELOPMENT INC with other nonprofits in Pennsylvania and across the country.