CLT Joules (EIN 454670819) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Robert Irvin

Phone

7046440235

Tax Period

2023-01-01 to 2023-12-31

CLT Joules, founded in 2012, is a small nonprofit in the Civil Rights & Advocacy sector that reported $536K in total revenue in fiscal year 2023. Expenses of $484K left a modest 10% surplus.

Mission

CLT Joules is a 501(c)(3) non-profit working with utilities, industry, municipalities, universities and R&D institutions to identify, advise, connect and deploy cleantech startups with Charlotte and the Research Triangle Park.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $535,544

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $535,544

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $431,786

Fundraising Expenses $195,797

Program Expenses $243,640

Other Expenses $32,455

TOTAL EXPENSES $484,241

Year-over-Year Comparison

	2023	2022	Change
Revenue	$535,544	$538,059	0.0%
Expenses	$484,241	$385,367	+0.3%
Net Income	$51,303	$152,692	-0.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$161,897

Total Directors

$161,897

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Irvin	Executive Dir.	40.00	Officer Director	$161,897	$0	$161,897
Brian Savoy	Exec. Sponsor	10.00	Officer Director	$0	$0	$0
Sharai Lavoie	Treasurer	10.00	Officer Director	$0	$0	$0
Mark Boomgarden	Director	10.00	Director	$0	$0	$0
Paul Stein	Director	10.00	Director	$0	$0	$0
Claudia Cosoreanu	Director	10.00	Director	$0	$0	$0
Hamed Heyhat	Director	10.00	Director	$0	$0	$0
Brian Coble	Director	10.00	Director	$0	$0	$0
Sal Gill	Director	10.00	Director	$0	$0	$0
David Jones	Director	10.00	Director	$0	$0	$0
Danny Cotter	Director	10.00	Director	$0	$0	$0
Kumar Chandran	Director	10.00	Director	$0	$0	$0
John Mitchell	Director	10.00	Director	$0	$0	$0
Zachary Kuznar	Director	10.00	Director	$0	$0	$0
Melisa Johns	Chairperson	10.00	Director	$0	$0	$0
Ben Rogers	Director	10.00	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
2024	No data	No data	No data	No data
2023	$535,544	$484,241	$538,904	$51,303
2022	$538,059	$385,367	$485,350	$152,692
2021	$465,139	$309,307	$386,984	$155,832
2020	$308,186	$264,215	$485,462	$43,971
2019	$314,341	$258,409	$717,563	$55,932
2018	$350,000	$221,826	$868,071	$128,174

CLT Joules