Sustainable Water Energy and Economic Transition in Alabama

EIN: 825045504 501(c)(3) Housing & Shelter

Birmingham, AL

Total Revenue
$545,126
Total Expenses
$534,409
Total Assets
$641,534
Net Assets
$641,534
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
AL
Principal Officer
Kari Swenson-Powell
Phone
9145886799
Tax Period
2024-01-01 to 2024-12-31

Sustainable Water Energy and Economic Transition in Alabama, founded in 2017, is a small nonprofit in the Housing & Shelter sector that reported $545K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

We are connecting communities to resources for energy efficiency, sustainability, and affordable homes.

Program Service Accomplishments

Program 1
Expenses: $421,971

We fiscally sponsored People's Budget Birmingham and Birmingham Earth Coalition.

Program 2
Expenses: $51,751

We conducted a 20-week Home Energy Retrofit Street Team and hired six residents from local communities experiencing high energy burden and taught them how to retrofit homes. In addition to...

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We conducted a 20-week Home Energy Retrofit Street Team and hired six residents from local communities experiencing high energy burden and taught them how to retrofit homes. In addition to retrofitting homes, the Street Team was active in conducting regular community mutual aid events and resource fairs as a tool for building relationships in the community and conducting surveys through door-to-door canvassing and phone banks. Thoughout the Summer and Fall we facilitated eight HER Clinics, which included hands on training while retrofitting a resident's home. All eight clinics were conducted in communities with high energy burden. In the late Fall we hired our first ever Energy Equity Organizer to manage and expand our HER programming in 2026. Throughout the Fall we partnered with a community cultural center to host a resource event, where we distributed over 50 Home Energy Retrofit DIY kits to residents.

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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 (2024)

Revenue Breakdown

Contributions & Grants $544,871
Program Service Revenue $0
Investment Income $255
Other Revenue $0
TOTAL REVENUE $545,126

Expense Breakdown

Grants Paid $64,291
Salaries & Benefits $179,628
Fundraising Expenses $17,509
Program Expenses $473,722
Other Expenses $274,490
TOTAL EXPENSES $534,409

Year-over-Year Comparison

2024 2023 Change
Revenue $545,126 $848,242 -0.4%
Expenses $534,409 $319,136 +0.7%
Net Income $10,717 $529,106 -1.0%
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
4
Independent Members
3
Employees
15
Volunteers
15

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
4
$37,800
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J Robert Burton Executive Dir. 38.00
Officer
$30,000 $0 $30,000
Kari Swenson-Powell Treasurer 1.00
Officer
$7,800 $0 $7,800
Caitlin Cruz President 3.00
Officer
$0 $0 $0
La'Tanya Scott Vice President 2.00
Officer
$0 $0 $0
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 $545,126 $534,409 $641,534 $10,717
2023 $848,242 $319,136 $630,817 $529,106
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