CHERP INC

EIN: 473281527 501(c)(3) Community Improvement

CLAREMONT, CA

Total Revenue
$148,066
Total Expenses
$519,809
Total Assets
$1,155,602
Net Assets
$615,566
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CA
Principal Officer
DEVON HARTMAN
Phone
9097218631
Tax Period
2022-01-01 to 2022-12-31

CHERP INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $148K in total revenue in fiscal year 2022. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $520K exceeded revenue, resulting in a 251% operating deficit.

Mission

OUR MISSION IS TO EXTEND THE REACH OF RENEWABLE ENERGY TO ECONOMICALLY DISADVANTAGED COMMUNITIES. WE'RE DEDICATED TO CREATING GREEN-SECTOR JOBS PARTICULARLY FOR THOSE WITH BARRIERS TO ENTRY IN THE WORKFORCE. WE AIM TO STIMULATE LOCAL ECONOMIES, PURSUE ENVIRONMENTAL JUSTICE AND ACHIEVE GREENHOUSE GAS REDUCTIONS.

Program Service Accomplishments

Program 1
Expenses: $295,873

THE COMMUNITY HOME ENERGY REVOLUTION PROJECT (CHERP) IS A NON- PROFIT ORGANIZATION THAT WAS CREATED TO ELIMINATE THE BARRIERS TO SUCCESS OF OUR CRITICAL, NATIONAL, ENERGY EFFICIENCY GOALS. CHERP IS...

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THE COMMUNITY HOME ENERGY REVOLUTION PROJECT (CHERP) IS A NON- PROFIT ORGANIZATION THAT WAS CREATED TO ELIMINATE THE BARRIERS TO SUCCESS OF OUR CRITICAL, NATIONAL, ENERGY EFFICIENCY GOALS. CHERP IS ENGAGED IN A COMPREHENSIVE, REPLICABLE, COMMUNITY-WIDE PROGRAM TO HELP ACHIEVE AGGRESSIVE GOALS FOR IMPROVED ENERGY EFFICIENCY AND ENERGY RESILIENCY. THIS PROGRAM IS AN UNPRECEDENTED COMMUNITY-BASED, NATION-WIDE EFFORT BY PRACTICING THE MOTTO OF "RADICAL INCLUSION AND UNITING AS MANY HOMEOWNERS, BUSINESSES, COMMUNITY ORGANIZATIONS, AND CITY GOVERNMENTS AS POSSIBLE IN THE LASER-SHARP GOAL OF BRINGING THE VALUE CHAIN OF ENERGY BACK INTO THE HANDS OF LOCAL COMMUNITIES. WE'RE EXTENDING THE REACH OF RENEWABLE ENERGY TO ECONOMICALLY DISINVESTED AND ENVIRONMENTALLY BURDENED COMMUNITIES, CREATING GREEN-SECTOR JOBSPARTICULARLY FOR THOSE WITH BARRIERS TO ENTRY IN THE WORKFORCE, STIMULATING LOCAL ECONOMIES, PURSUING ENVIRONMENTAL JUSTICE, ALL THE WHILE ACHIEVING SIGNIFICANT GREENHOUSE GAS REDUCTIONS. WE WILL SOON BE PRODUCING THE WORLD'S MOST ADVANCED SOLAR PANELS, IN A NON-PROFIT MICROFACTORY FACTORY IN POMONA, CALIFORNIA. WE'RE ALSO INCUBATING A NETWORK OF DISTRIBUTED MANUFACTURING CENTERS, CALLED THE LOCALLY GROWN POWER NATIONAL SOLAR FACTORY NETWORK, IN ECONOMICALLY DISADVANTAGED AND ENVIRONMENTALLY BURDENED COMMUNITIES ACROSS THE COUNTRY THROUGH PARTNERSHIPS WITH LOCAL NONPROFITS. WE'RE CURRENTLY IN CONVERSATION WITH OVER 15 CITIES ACROSS THE NATION ABOUT THIS OPPORTUNITY. IN 2022, OUR PRIMARY PROGRAM WAS BUILDING UP, AND COMMUNITY ENGAGEMENT AROUND, OUR NONPROFIT MICROFACTRY IN POMONA. WITHIN THIS PROGRAM, OUR FOCUS AREAS WERE: 1) GETTING OUR MODULES READY FOR SUBMISSION TO THE ELECTRICAL TESTING LAB FOR UL CERTIFICATION; 2) WORKING WITH, AND PREPARING EDUCATIONAL MATERIALS FOR OVER 15 GROUPS IN CITIES ACROSS THE NATION WHO ARE INTERESTED IN BRINGING A NONPROFIT SOLAR MICROFACTORY TO THEIR COMMUNITY; 3) PROVIDING SERVICE LEARNING OPPORTUNITIES TO OVER 25 CAL POLY POMONA STUDENTS; 4) PROVIDING OVER 15 TOURS TO GROUPS AND INDIVIDUALS, INCLUDING TWO TOURS TO HIGH-SCHOOL CLASSES; AND 4) COLLABORATING WITH MISSION-ALIGNED ORGANIZATIONS ON GRANTS, SUCH AS POMONA'S TRANSFORMATIONAL CLIMATE COMMUNITIES PLANNING GRANT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $146,381
Program Service Revenue $0
Investment Income $1
Other Revenue $1,684
TOTAL REVENUE $148,066

Expense Breakdown

Grants Paid $0
Salaries & Benefits $289,007
Fundraising Expenses $0
Program Expenses $295,873
Other Expenses $230,802
TOTAL EXPENSES $519,809

Year-over-Year Comparison

2022 2021 Change
Revenue $148,066 $234,606 -0.4%
Expenses $519,809 $741,357 -0.3%
Net Income $-371,743 $-506,751 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
5
Volunteers
6

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEVON HARTMAN EXECUTIVE DIRECTOR 40.00
Officer Director
$0 $0 $0
DAVE ROBINSON TREASURER 1.00
Officer Director
$0 $0 $0
MARK PETERSON SECRETARY 1.00
Officer Director
$0 $0 $0
KASH GOKLI BOARD MEMBER 1.00
Director
$0 $0 $0
ENRIQUE MEDINA BOARD MEMBER 1.00
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
2022 $148,066 $519,809 $1,155,602 $-371,743
2021 $234,606 $741,357 $1,526,339 $-506,751
2020 $164,165 $828,161 $1,595,138 $-663,996
2019 $2,229,979 $206,956 $2,367,315 $2,023,023
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