CLEAN ENERGY ECONOMY MINNESOTA

EIN: 812294812 501(c)(3) Environment

MINNEAPOLIS, MN

Total Revenue
$1,063,326
Total Expenses
$892,209
Total Assets
$247,627
Net Assets
$186,913
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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
2016
Legal Domicile
MN
Principal Officer
GREGG MAST
Phone
6127439157
Tax Period
2023-01-01 to 2023-12-31

CLEAN ENERGY ECONOMY MINNESOTA, founded in 2016, is a community nonprofit in the Environment sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $171K, a strong 16% operating margin.

Mission

TO PROVIDE EDUCATIONAL LEADERSHIP, COLLABORATION, AND POLICY ANALYSIS THAT ACCELERATES CLEAN ENERGY MARKET GROWTH AND SMART ENERGY POLICIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,063,326
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,063,326

Expense Breakdown

Grants Paid $0
Salaries & Benefits $508,471
Fundraising Expenses $51,493
Program Expenses $715,656
Other Expenses $383,738
TOTAL EXPENSES $892,209

Year-over-Year Comparison

2023 2022 Change
Revenue $1,063,326 $667,883 +0.6%
Expenses $892,209 $806,041 +0.1%
Net Income $171,117 $-138,158 -2.2%
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

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Governance

Voting Members
11
Independent Members
10
Employees
7
Volunteers
11

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
$124,468
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOLLY LAHD BOARD CHAIR 2.00
Officer Director
$0 $0 $0
DAN O'NEILL TREASURER 2.00
Officer Director
$0 $0 $0
NINA AXELSON DIRECTOR 1.00
Director
$0 $0 $0
BRADLEY HEITLAND DIRECTOR 1.00
Director
$0 $0 $0
STEVE POLSKI DIRECTOR 1.00
Director
$0 $0 $0
MARTIN MORUD DIRECTOR 1.00
Director
$0 $0 $0
BECKY WACKER DIRECTOR 1.00
Director
$0 $0 $0
JAMIE BORELL DIRECTOR 1.00
Director
$0 $0 $0
TARIQ SAMAD DIRECTOR 1.00
Director
$0 $0 $0
TENA MONSON DIRECTOR 1.00
Director
$0 $0 $0
TUSHAR GANPULE DIRECTOR 1.00
Director
$0 $0 $0
GREGG MAST EXECUTIVE DIRECTOR 40.00
Officer
$117,464 $7,004 $124,468
AMELIA CERLING HENNES MANAGING DIRECTOR 40.00
Highest
$103,174 $3,095 $106,269
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 No data No data No data No data
2023 $1,063,326 $892,209 $247,627 $171,117
2022 $667,883 $806,041 $58,878 $-138,158
2021 $664,959 $647,873 $198,416 $17,086
2020 $660,761 $589,526 $177,032 $71,235
2019 $513,181 $627,121 $104,231 $-113,940
2018 $348,789 $487,676 $220,848 $-138,887
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