ENVIRONMENTAL & ENERGY TECHNOLOGY … - Form 990 Financial Data

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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

2003

Legal Domicile

Principal Officer

ORION BREEN

Phone

2078008324

Tax Period

2024-07-01 to 2025-06-30

ENVIRONMENTAL & ENERGY TECHNOLOGY COUNCIL OF MAINE, founded in 2003, is a small nonprofit in the Environment sector that reported $237K in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. Expenses of $216K left a modest 9% surplus.

Mission

SEEK TO BUILD AND EXPAND MAINE'S ENVIRONMENTAL, ENERGY, AND CLEAN TECHNOLOGY SECTORS. E2TECH ACTS AS A CATALYST TO STIMULATE GROWTH IN THIS SECTOR BY FACILITATING NETWORKING, SERVING AS A CLEARING HOUSE FOR OBJECTIVE INFORMATION, AND LEADING EFFORTS TO PROMOTE THE SECTOR.

Program Service Accomplishments

Program 1

Expenses: $26,356 Revenue: $18,715

CLEARING HOUSE / GRANT AND CONTRACT FUNDED PROJECTS: MANAGE EXTERNALLY FUNDED INITIATIVES RELATED TO ENVIRONMENTAL PROTECTION, ENERGY EFFICIENCY, AND PLANNING, INCLUDING WEEKLY FUEL SURVEYS, RESEARCH...

Program 2

Expenses: $29,345 Revenue: $0

CATALYST / FORUMS AND WORKSHOPS: E2TECH, ALONE AND IN PARTNERSHIP WITH OTHER INSTITUTIONS, HELD MORE THAN 50 FORUMS, WORKSHOPS, AND OTHER PROGRAMS TO FACILITATE INFORMATION SHARING, BUSINESS...

CATALYST / FORUMS AND WORKSHOPS: E2TECH, ALONE AND IN PARTNERSHIP WITH OTHER INSTITUTIONS, HELD MORE THAN 50 FORUMS, WORKSHOPS, AND OTHER PROGRAMS TO FACILITATE INFORMATION SHARING, BUSINESS DEVELOPMENT, AND ENERGY AND ENVIRONMENTAL AWARENESS AMONG MEMBERS AND WITH THE PUBLIC AT LARGE.

Program 3

Expenses: $79,029 Revenue: $0

PROMOTION: WITH MEMBERS AND STAKEHOLDERS HAVING A VESTED INTEREST IN THE REGION, E2TECH'S MEMBERSHIP PROGRAM PLAYS AN ACTIVE ROLE IN PROMOTING THE ACTIVITIES OF THOSE IN OUR COMMUNITY TO SUPPORT...

PROMOTION: WITH MEMBERS AND STAKEHOLDERS HAVING A VESTED INTEREST IN THE REGION, E2TECH'S MEMBERSHIP PROGRAM PLAYS AN ACTIVE ROLE IN PROMOTING THE ACTIVITIES OF THOSE IN OUR COMMUNITY TO SUPPORT ECONOMIC GROWTH, TECHNOLOGY INNOVATION, SUSTAINABILITY, AND/OR CLIMATE ACTION.

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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 $212,335

Program Service Revenue $18,715

Investment Income $5,867

Other Revenue $0

TOTAL REVENUE $236,917

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,895

Fundraising Expenses $0

Program Expenses $134,730

Other Expenses $65,332

TOTAL EXPENSES $216,227

Year-over-Year Comparison

	2024	2023	Change
Revenue	$236,917	$141,485	+0.7%
Expenses	$216,227	$201,607	+0.1%
Net Income	$20,690	$-60,122	-1.3%

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

$109,176

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS ESCHNER	PRESIDENT	2.00	Officer Director	$0	$0	$0
RUSS ABELL	TREASURER	2.00	Officer Director	$0	$0	$0
ERIK CLAPP	SECRETARY	2.00	Officer Director	$0	$0	$0
ELLEN BALKNAP	DIRECTOR	1.00	Director	$0	$0	$0
VANESSA BERRY	DIRECTOR (THRU AUG. 2024)	1.00	Director	$0	$0	$0
BENJI BOROWSKI	DIRECTOR	1.00	Director	$0	$0	$0
JOHN CARROLL	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
TERRA DUNHAM	DIRECTOR	1.00	Director	$0	$0	$0
DAVID ERTZ	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM FERDINAND JR	DIRECTOR	1.00	Director	$0	$0	$0
MATT GAMACHE	DIRECTOR	1.00	Director	$0	$0	$0
MAUREEN KIRKPATRICK	DIRECTOR	1.00	Director	$0	$0	$0
DALE KNAPP	DIRECTOR	1.00	Director	$0	$0	$0
LEIGH LAMARTINA	DIRECTOR	1.00	Director	$0	$0	$0
JEFF MARKS	DIRECTOR	1.00	Director	$0	$0	$0
J TIM SOLEY	DIRECTOR (THRU AUG. 2024)	1.00	Director	$0	$0	$0
MICHAEL STODDARD	DIRECTOR	1.00	Director	$0	$0	$0
SARAH TRACY	DIRECTOR	1.00	Director	$0	$0	$0
PIPS VEAZEY	DIRECTOR (THRU AUG. 2024)	1.00	Director	$0	$0	$0
SARAH WATTS	DIRECTOR	1.00	Director	$0	$0	$0
PAUL WILLIAMSON	DIRECTOR (THRU DEC. 2024)	1.00	Director	$0	$0	$0
ERIC HOWARD	EXECUTIVE DIRECTOR	40.00	Officer	$98,308	$10,868	$109,176

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	$236,917	$216,227	$158,935	$20,690
2018	$161,438	$312,912	$12,618	$-151,474

ENVIRONMENTAL & ENERGY TECHNOLOGY COUNCIL OF MAINE