WATTTIME CORPORATION (EIN 471444637) - 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

2014

Legal Domicile

Principal Officer

GAVIN MCCORMICK

Phone

8575403535

Tax Period

2024-07-01 to 2025-06-30

WATTTIME CORPORATION, founded in 2014, is a mid-sized nonprofit in the Science & Technology sector that reported $16.4M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $18.1M exceeded revenue, resulting in a 10% operating deficit.

Mission

TO RAISE AWARENESS ABOUT THE POTENTIAL TO REDUCE ENVIRONMENTAL HARM BY SHIFTING ELECTRICITY USE TO PARTICULAR TIMES; AND TO ENCOURAGE THE DEVELOPMENT AND SPREAD OF COMMON PROTOCOLS FOR THIS PRACTICE.

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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 $13,385,612

Program Service Revenue $3,011,001

Investment Income $44,515

Other Revenue $5,472

TOTAL REVENUE $16,446,600

Expense Breakdown

Grants Paid $5,130,937

Salaries & Benefits $7,630,429

Fundraising Expenses $96,055

Program Expenses $16,233,366

Other Expenses $5,348,374

TOTAL EXPENSES $18,109,740

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,446,600	$21,292,468	-0.2%
Expenses	$18,109,740	$16,782,583	+0.1%
Net Income	$-1,663,140	$4,509,885	-1.4%

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

$537,710

Total Directors

$227,392

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY FREEMAN	SOFTWARE ENG	40.00	Highest	$238,576	$54,055	$292,631
WILLIAM COFIELD	SR DATA SCIE	40.00	Highest	$243,857	$20,729	$264,586
LAURA CIRINCIONE	DIR. OF PART	40.00	Highest	$223,653	$28,784	$252,437
ERIC D NGUYEN	CHIEF PRODUC	40.00	Highest	$215,465	$26,746	$242,211
SAM KOEBRICH	PPAL ENGINEE	40.00	Highest	$211,297	$26,897	$238,194
GAVIN MCCORMICK	EXECUTIVE DI	40.00	Officer Director	$207,505	$19,887	$227,392
SASHA SHAHIDI	CFO / TREASU	40.00	Officer	$146,206	$17,730	$163,936
ALEXANDRIA SHUSTER	SECRETARY	40.00	Officer	$122,686	$23,696	$146,382
SCOTT MOURA	DIRECTOR	2.00	Director	$0	$0	$0
LYNN THOMAN	CHAIR	2.00	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	$16,446,600	$18,109,740	$17,572,422	$-1,663,140
2024	No data	No data	No data	No data
2023	$12,087,174	$12,462,010	$5,784,742	$-374,836
2022	$13,336,081	$11,987,727	$7,163,583	$1,348,354
2021	$8,951,529	$6,894,710	$5,558,811	$2,056,819
2020	$5,134,350	$3,582,003	$3,146,793	$1,552,347
2019	$1,614,370	$1,446,115	$1,377,078	$168,255
2018	$576,644	$1,069,999	$461,095	$-493,355

WATTTIME CORPORATION