REMOTE ENERGY

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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

Principal Officer

Chris Brooks

Phone

2064945870

Tax Period

2024-01-01 to 2024-12-31

REMOTE ENERGY, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $422K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $591K exceeded revenue, resulting in a 40% operating deficit.

Mission

Remote Energy trains and mentors solar energy educators and technicians in underrepresented populations worldwide to bring energy independence career opportunities and improved quality of life to their communities.

Program Service Accomplishments

Program 1

Expenses: $32,382 Revenue: $0

Curriculum Development: In 2024 Remote Energy developed 192 hours of new curriculum for our classes. Included in that was: UAF Teacher Training 28 hours U3-U4 Labs 35 hours BRIDGE Pre Apprenticeship...

Program 2

Expenses: $183,939 Revenue: $293,587

Instruction: In 2024 Remote Energy trained 627 people 606 were students receiving solar technician training and 21 were educators receiving solar train-the-trainers courses. New Solar Educators...

Instruction: In 2024 Remote Energy trained 627 people 606 were students receiving solar technician training and 21 were educators receiving solar train-the-trainers courses. New Solar Educators received 49 mentoring experiences and our teacher trainings totaled to 1371 contact hours. Gender 74% women indirect beneficiaries impacted 6,340.

Program 3

Expenses: $234,435 Revenue: $0

Project Management: Successfully managed and implemented 44 individual projects.

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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 $127,716

Program Service Revenue $293,587

Investment Income $437

Other Revenue $0

TOTAL REVENUE $421,740

Expense Breakdown

Grants Paid $0

Salaries & Benefits $297,042

Fundraising Expenses $85,228

Program Expenses $450,756

Other Expenses $251,552

TOTAL EXPENSES $591,254

Year-over-Year Comparison

	2024	2023	Change
Revenue	$421,740	$463,271	-0.1%
Expenses	$591,254	$452,217	+0.3%
Net Income	$-169,514	$11,054	-16.3%

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

N/A

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

Total Directors

Key Employees

$33,439

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Katharine Rushton	Chair of the Board	0.25	Officer	$0	$0	$0
Marja Williams	Treasurer	0.25	Officer	$0	$0	$0
James Dailey	Board Member	0.25	Director	$0	$0	$0
Pam Baldinger	Board Member	0.25	Director	$0	$0	$0
Christopher Brooks	Managing Director	17.00	Key Emp	$33,439	$0	$33,439

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	$421,740	$591,254	$173,037	$-169,514
2023	$463,271	$452,217	$323,950	$11,054
2022	$559,952	$552,098	$412,116	$7,854
2021	$668,749	$360,006	$314,054	$308,743
2020	$285,878	$343,115	$53,457	$-57,237