DRIVE CLEAN COLORADO

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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

2019

Legal Domicile

Principal Officer

BONNIE TROWBRIDGE

Phone

3035194144

Tax Period

2024-10-01 to 2025-09-30

DRIVE CLEAN COLORADO, founded in 2019, is a community nonprofit in the Environment sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 7% surplus.

Mission

DRIVE CLEAN COLORADO IS A NON-PROFIT COALITION WORKING COLLABORATIVELY WITH ITS MEMBERS TO ACCELERATE THE EQUITABLE ADOPTION OF CLEAN TRANSPORTATION IN THE STATE.

Program Service Accomplishments

Program 1

Expenses: $498,793 Revenue: $19,165

COLORADO RECHARGE PROGRAM - THE COLORADO ENERGY OFFICE RECHARGE COLORADO PROGRAM WORKS TO ADVANCE THE ADOPTION OF ELECTRIC VEHICLES (EVS) AND INSTALLATION OF CHARGING INFRASTRUCTURE ACROSS THE STATE. DRIVE CLEAN COLORADO HELPS CONSUMERS, LOCAL GOVERNMENTS, WORKPLACES, AND MULTIUNIT HOUSING DEVELOPMENTS IDENTIFY MONETARY SAVINGS, GRANT OPPORTUNITIES, AND OTHER ADVANTAGES RELATED TO DEPLOYING EVS AND CHARGING INFRASTRUCTURE.

Program 2

Expenses: $349,155

DOE CLEAN CITIES AND COMMUNITIES PROGRAM - AS PARTNERS WITH DOE'S VEHICLE TECHNOLOGIES OFFICE (VTO), DRIVE CLEAN COLORADO DEPLOYS AFFORDABLE, EFFICIENT, AND CLEAN TRANSPORTATION FUELS...

DOE CLEAN CITIES AND COMMUNITIES PROGRAM - AS PARTNERS WITH DOE'S VEHICLE TECHNOLOGIES OFFICE (VTO), DRIVE CLEAN COLORADO DEPLOYS AFFORDABLE, EFFICIENT, AND CLEAN TRANSPORTATION FUELS; ENERGY-EFFICIENT MOBILITY SYSTEMS; AND OTHER FUEL-SAVING TECHNOLOGIES AND PRACTICES. SINCE DRIVE CLEAN COLORADO'S INCEPTION IN 1993 (OVER 30 YEARS), DRIVE CLEAN COLORADO'S ACTIVITIES HAVE SIGNIFICANTLY REDUCED GREENHOUSE GAS EMISSIONS AND ACHIEVED A CUMULATIVE IMPACT ON ENERGY USE. DRIVE CLEAN COLORADO HAS CREATED A COMPOUNDING IMPACT STATEWIDE THAT ADVANCES U.S. ENERGY RESILIENCE AND REDUCES VEHICLE EMISSIONS WHILE SUPPORTING REGIONAL ECONOMIC DEVELOPMENT AND JOB GROWTH.

Program 3

Expenses: $149,638

OTHER PROGRAMS - DRIVE CLEAN COLORADO WORKS ON OTHER PROJECTS TO DEPLOY AFFORDABLE, EFFICIENT, AND CLEAN TRANSPORTATION FUELS. DRIVE CLEAN COLORADO WORKS WITH VARIOUS FLEETS TO DEPLOY FULLY ELECTRIC, PROPANE, AND OTHER ALTERNATE FUEL TECHNOLOGIES TO REDUCE THEIR CARBON FOOTPRINT IN THEIR COMMUNITIES. DRIVE CLEAN COLORADO ACTIVELY COLLABORATES WITH COMMUNITIES, FIRST RESPONDERS, AND BUSINESSES TO PROVIDE WORKPLACE CHARGING FOR EVS AND WORKFORCE DEVELOPMENT FOR NOT ONLY EVS BUT FOR CHARGING INFRASTRUCTURE.

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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 $1,312,168

Program Service Revenue $19,165

Investment Income $0

Other Revenue $623

TOTAL REVENUE $1,331,956

Expense Breakdown

Grants Paid $0

Salaries & Benefits $994,950

Fundraising Expenses $20,227

Program Expenses $997,586

Other Expenses $238,146

TOTAL EXPENSES $1,233,096

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,331,956	$1,312,330	+0.0%
Expenses	$1,233,096	$1,376,115	-0.1%
Net Income	$98,860	$-63,785	-2.5%

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

$146,144

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BONNIE TROWBRIDGE	EXECUTIVE DI	40.00	Officer	$117,387	$28,757	$146,144
TYLER SVITAK	PRESIDENT	5.00	Officer Director	$0	$0	$0
MARY TILL	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
MIKE KING	BOARD SECRET	5.00	Officer Director	$0	$0	$0
JESSIE LUND	BOARD TREASU	5.00	Officer Director	$0	$0	$0
TOM BRADLEY	BOARD MEMBER	5.00	Director	$0	$0	$0
MATT GOBLE	BOARD MEMBER	5.00	Director	$0	$0	$0
JOHN GONZALES	BOARD MEMBER	5.00	Director	$0	$0	$0
JULIE RODRIGUEZ	BOARD MEMBER	5.00	Director	$0	$0	$0
ROBERT SPOTTS	BOARD MEMBER	5.00	Director	$0	$0	$0
IAN STERN-MARKOVITZ	BOARD MEMBER	5.00	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
2025	$1,331,956	$1,233,096	$266,037	$98,860
2024	$1,312,330	$1,376,115	$257,882	$-63,785
2023	$780,380	$752,738	$141,883	$27,642
2022	$520,704	$506,925	$85,254	$13,779
2021	$422,149	$431,747	$31,562	$-9,598