CLAREMONT, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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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