HOME ENERGY EFFICIENCY TEAM INC (EIN 800388618) - 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

2009

Legal Domicile

Principal Officer

ZEYNEB MAGAVI

Phone

5169004338

Tax Period

2024-01-01 to 2024-12-31

HOME ENERGY EFFICIENCY TEAM INC, founded in 2009, is a community nonprofit in the Housing & Shelter sector that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $3.4M left a modest 4% surplus.

Mission

TO EVOLVE THE ENERGY SYSTEM TO MEET THE NEEDS OF THE FUTURE.

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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 $3,528,667

Program Service Revenue $6,000

Investment Income $27,187

Other Revenue $-13,251

TOTAL REVENUE $3,548,603

Expense Breakdown

Grants Paid $352,875

Salaries & Benefits $1,089,259

Fundraising Expenses $173,005

Program Expenses $2,813,920

Other Expenses $1,959,317

TOTAL EXPENSES $3,401,451

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,548,603	$2,319,399	+0.5%
Expenses	$3,401,451	$2,132,797	+0.6%
Net Income	$147,152	$186,602	-0.2%

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

$234,491

Total Directors

$1,413

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANA MARIA CAMARGO	PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM HARKINS	TREASURER	8.00	Officer Director	$0	$0	$0
DAVID OLIVER	CLERK	1.00	Officer Director	$0	$0	$0
JASON TAYLOR	BOARD MEMBER/CONSULTANT	1.00	Director	$1,413	$0	$1,413
KAREN MARTIN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARILYN RAY SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN REINHARDT	BOARD MEMBER	1.00	Director	$0	$0	$0
HG CHISSELL	BOARD MEMBER	1.00	Director	$0	$0	$0
AUDREY SCHULMAN	CO-EXEC DIRECTOR THRU 3/31/24	40.00	Officer	$29,020	$7,936	$36,956
ZEYNEB MAGAVI	EXECUTIVE DIRECTOR	40.00	Officer	$94,656	$0	$94,656
NOPALZIN TORRES	DIRECTOR OF FINANCE	40.00	Officer	$89,481	$13,398	$102,879

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	$3,548,603	$3,401,451	$2,368,908	$147,152
2023	$2,319,399	$2,132,797	$2,119,303	$186,602
2022	$1,763,681	$1,034,890	$1,743,592	$728,791
2021	$930,657	$571,768	$974,000	$358,889
2020	$871,580	$540,832	$628,451	$330,748
2019	$499,022	$343,614	$227,823	$155,408

HOME ENERGY EFFICIENCY TEAM INC