COALITION FOR ENERGY CHOICE INC

EIN: 831530148

ALACHUA, FL

Total Revenue
$4,274,779
Total Expenses
$51,015
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
JAMES PATTON
Phone
3522312579
Tax Period
2020-01-01 to 2020-12-31

COALITION FOR ENERGY CHOICE INC, founded in 2018, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2020. Revenue surged 234% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.2M, a strong 99% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO OPERATE EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE AS PERMITTED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF THE UNITED STATES BY ENGAGING IN, AMONG OTHER THINGS, CITIZEN OUTREACH AND PUBLIC ADVOCACY ON ISSUES RELATED TO COMPETITIVE ELECTRICITY MARKETS. THIS INCLUDES, AMONG OTHER ACTIVITIES, CONTRIBUTING RESOURCES TO THE FLORIDA POLITICAL COMMITTEE, CITIZENS FOR ENERGY CHOICES, WHICH HAS PUT FORTH A STATEWIDE BALLOT INITIATIVE THAT WOULD MAKE FLORIDA'S ELECTRICITY MARKETS COMPETITIVE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $33,130
Program Service Revenue $0
Investment Income $0
Other Revenue $4,241,649
TOTAL REVENUE $4,274,779

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $34,077
Other Expenses $51,015
TOTAL EXPENSES $51,015

Year-over-Year Comparison

2020 2019 Change
Revenue $4,274,779 $1,278,433 +2.3%
Expenses $51,015 $4,825,292 -1.0%
Net Income $4,223,764 $-3,546,859 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES PATTON PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL RUSSEL SECRETARY 1.00
Officer Director
$0 $0 $0
BENJAMIN TORPEY TREASURER 1.00
Officer Director
$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
2020 $4,274,779 $51,015 No data $4,223,764
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare COALITION FOR ENERGY CHOICE INC with other nonprofits in Florida and across the country.