SALT LAKE CITY, UT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HONNOLD FOUNDATION, founded in 2018, is a community nonprofit in the Environment sector that reported $1.9M in total revenue in fiscal year 2023. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $3.6M exceeded revenue, resulting in a 83% operating deficit.
THE HONNOLD FOUNDATIONS MISSION IS TO PARTNER WITH MARGINALIZED COMMUNITIES TO EXPAND EQUITABLE SOLAR ENERGY ACCESS. HF FUNDS EARLY-STAGE SOLAR ENERGY SOLUTIONS IN MARGINALIZED COMMUNITIES, BUILDS CAPACITY, AND AMPLIFIES LOCAL SOLUTIONS BECAUSE WE BELIEVE THOSE EXPERIENCING THE GREATEST IMPACTS FROM CLIMATE CHANGE, ECONOMIC INSTABILITY, AND SOCIAL INJUSTICE STAND TO BENEFIT THE MOST FROM THE RENEWABLE ENERGY TRANSITION, AND THEIR VISION AND EXPERTISE CAN LEAD THE WAY.
CORE FUND: THE HONNOLD FOUNDATION FOCUSES ITS WORK AROUND THREE CORE STRATEGIES: RESOURCING COMMUNITY-LED RENEWABLE ENERGY ACCESS, STRENGTHENING GRASSROOTS ORGANIZATIONS AND NETWORKS, AND AMPLIFYING...
CORE FUND: THE HONNOLD FOUNDATION FOCUSES ITS WORK AROUND THREE CORE STRATEGIES: RESOURCING COMMUNITY-LED RENEWABLE ENERGY ACCESS, STRENGTHENING GRASSROOTS ORGANIZATIONS AND NETWORKS, AND AMPLIFYING GRASSROOTS VOICES THROUGH STORYTELLING AND POLICY ADVOCACY. AS PART OF THIS WORK, THE HONNOLD FOUNDATION PROVIDES UNRESTRICTED GRANTS FOR GRASSROOTS NONPROFITS DOING SOLAR ENERGY ACCESS WORK WORLDWIDE. DETAILS OF DOMESTIC AND INTERNATIONAL GRANTS MADE IN 2023 CAN BE FOUND IN SCHEDULE I.
LEVINE IMPACT LAB: LAUNCHED IN 2022, THE LEVINE IMPACT LAB PROGRAM PROVIDES 3 YEARS OF NONPROFIT LEADERSHIP AND ORGANIZATIONAL CAPACITY BUILDING SUPPORT TO GRASSROOTS ENVIRONMENTAL JUSTICE...
LEVINE IMPACT LAB: LAUNCHED IN 2022, THE LEVINE IMPACT LAB PROGRAM PROVIDES 3 YEARS OF NONPROFIT LEADERSHIP AND ORGANIZATIONAL CAPACITY BUILDING SUPPORT TO GRASSROOTS ENVIRONMENTAL JUSTICE NON-PROFITS IN THE US. ADDITIONALLY, EACH YEAR, ORGANIZATIONS IN THIS PROGRAM RECEIVE FINANCIAL SUPPORT THROUGH ANNUAL GRANTS. THE PROGRAM WAS SPUN OFF INTO AN INDEPENDENT NONPROFIT ORGANIZATION AT THE END OF 2023, AND FUNDS PLEDGED TO THE PROGRAM IN 2022 WERE REALLOCATED TO THIS NEW 501C3.
MICROGRID PROGRAM: THIS PROGRAM DESIGNS AND IMPLEMENTS COOPERATIVELY- MANAGED, LOCALLY OWNED SOLAR MICROGRIDS SERVING COMMUNITIES ESPECIALLY IMPACTED BY THE EFFECTS OF CLIMATE CHANGE. THE HONNOLD...
MICROGRID PROGRAM: THIS PROGRAM DESIGNS AND IMPLEMENTS COOPERATIVELY- MANAGED, LOCALLY OWNED SOLAR MICROGRIDS SERVING COMMUNITIES ESPECIALLY IMPACTED BY THE EFFECTS OF CLIMATE CHANGE. THE HONNOLD FOUNDATION'S MICROGRID PROGRAM IS A FLAGSHIP INITIATIVE THAT DEVELOPS COMMUNITY- OWNED SOLAR MICROGRIDS IN PLACES ESPECIALLY SUSCEPTIBLE TO THE IMPACTS OF CLIMATE CHANGE. OUR INAUGURAL PROJECT IS THE ADJUNTAS MICROGRID, A 187 KW PHOTOVOLTAIC SYSTEM POWERING 13 BUSINESSES IN A SMALL TOWN IN PUERTO RICO. IN 2022, WE FINALIZED ALL SOLAR INSTALLATIONS AND BEGAN PREPARATIONS FOR BATTERY STORAGE FINALIZATION IN 2023.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,944,526 | $6,977,163 | -0.7% |
| Expenses | $3,563,493 | $2,838,169 | +0.3% |
| Net Income | $-1,618,967 | $4,138,994 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| EMILY TEITSWORTH | EXECUTIVE DI | 45.00 |
Officer
|
$154,990 | $18,838 | $173,828 |
| KATE TRUJILLO | DEPUTY DIREC | 45.00 |
Highest
|
$110,148 | $15,738 | $125,886 |
| NANCY FEAGIN | TREASURER | N/A |
Director
|
$0 | $0 | $0 |
| ALEX HONNOLD | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| PETER MARTIN | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| LEN NECEFER | VICE-CHAIR | N/A |
Director
|
$0 | $0 | $0 |
| BRADY ROBINSON | CHAIR | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,944,526 | $3,563,493 | $1,808,042 | $-1,618,967 |
| 2022 | $6,977,163 | $2,838,169 | $6,354,284 | $4,138,994 |
| 2021 | $2,549,011 | $1,525,476 | $2,206,815 | $1,023,535 |
| 2020 | $1,449,007 | $1,391,075 | $1,184,394 | $57,932 |
| 2019 | $1,456,231 | $546,345 | $1,123,534 | $909,886 |
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