Southeastern Wind Coalition Inc

EIN: 455022829 501(c)(3) Environment

Chapel Hill, NC

Total Revenue
$1,022,000
Total Expenses
$734,762
Total Assets
$1,625,210
Net Assets
$1,386,033
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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
NC
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.

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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%)

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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

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Governance

Voting Members
24
Independent Members
24
Employees
9
Volunteers
25

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
1
$164,478
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
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
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
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