Southeastern Wind Coalition Inc

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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

2012

Legal Domicile

Principal Officer

Katharine Kollins

Phone

3035649687

Tax Period

2024-01-01 to 2024-12-31

Southeastern Wind Coalition Inc, founded in 2012, is a community nonprofit in the Environment sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $287K, a strong 28% operating margin.

Mission

To advance the wind industry in ways that result in net economic benefits to industry, utilities, ratepayers, and citizens of the Southeast.

Program Service Accomplishments

Program 1

Expenses: $661,725 Revenue: $121,000

All programming consists of wind energy education and outreach to utilities, communities, as well as state and local decision makers. SEWC conducts individual, group, and conference education...

All programming consists of wind energy education and outreach to utilities, communities, as well as state and local decision makers. SEWC conducts individual, group, and conference education opportunities through both direct contact as well as in partnership with other clean energy stakeholders to reach as many relevant people and decision makers as possible. SEWC and our partners worked with thousands of stakeholders over the year. SEWC completed a deep dive analysis into all eleven states and the factors in those states that may affect the development of wind energy. SEWC staff spoke at numerous online webinars and energy education events. Additionally SEWC organized two Utility Advisory Group meetings for representatives of utilities across the Southeast - hosted online via web conferencing.

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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 $846,750

Program Service Revenue $121,000

Investment Income $53,303

Other Revenue $947

TOTAL REVENUE $1,022,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $641,172

Fundraising Expenses $9,701

Program Expenses $661,725

Other Expenses $93,590

TOTAL EXPENSES $734,762

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,022,000	$692,259	+0.5%
Expenses	$734,762	$670,649	+0.1%
Net Income	$287,238	$21,610	+12.3%

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

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

$164,478

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Katharine Kollins	President	40.00	Officer	$158,152	$6,326	$164,478
Olu Ajala	Director	0.50	Director	$0	$0	$0
Weston Adams	Director	0.50	Director	$0	$0	$0
Lisa Bianchi-Fossati	Director	0.50	Director	$0	$0	$0
Lori Collins	Director	0.50	Director	$0	$0	$0
Wes Davis	Director	0.50	Director	$0	$0	$0
Chad Comeault	Director	0.50	Director	$0	$0	$0
Scott Coenen	Director	0.50	Director	$0	$0	$0
Mark McIntire	Director	0.50	Director	$0	$0	$0
Wade Giltz	Director	0.50	Director	$0	$0	$0
John Larson	Director	0.50	Director	$0	$0	$0
Erica Holloway	Director	0.50	Director	$0	$0	$0
Paul Quinlan	Director	0.50	Director	$0	$0	$0
Katherine Ross	Director	0.50	Director	$0	$0	$0
Dave Belote	Director	0.50	Director	$0	$0	$0
Frank Fisher	Director	0.50	Director	$0	$0	$0
Tamah Morant	Director	0.50	Director	$0	$0	$0
Kate McKeever	Director	0.50	Director	$0	$0	$0
Shafin Khan	Director	0.50	Director	$0	$0	$0
Jennifer Banks	Director	0.50	Director	$0	$0	$0
Mike Conn	Director	0.50	Director	$0	$0	$0
Cliff Mensah	Director	0.50	Director	$0	$0	$0
Montravias King	Director	0.50	Director	$0	$0	$0
Brian O'Hara	Director	0.50	Director	$0	$0	$0
Laura Senn	Director	0.50	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	$1,022,000	$734,762	$1,625,210	$287,238
2023	$692,259	$670,649	$1,130,637	$21,610
2022	$886,500	$447,039	$1,093,424	$439,461
2021	$438,690	$334,648	$649,305	$104,042
2020	$367,289	$286,231	$539,484	$81,058
2019	$290,025	$268,221	$461,959	$21,804
2018	$380,183	$323,992	$436,298	$56,191