COLORADO INDEPENDENT ENERGY ASSOCIATION (EIN 841181008) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

William Coyne

Phone

3038347799

Tax Period

2024-01-01 to 2024-12-31

COLORADO INDEPENDENT ENERGY ASSOCIATION, founded in 1991, is a small nonprofit that reported $272K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $75K, a strong 27% operating margin.

Mission

Advancing understanding of the benefits and interests of independent power producers in Colorado before the Colorado Public Utilities Commission, the Colorado Legislature, and the general public.

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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 $272,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $272,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $197,317

TOTAL EXPENSES $197,317

Year-over-Year Comparison

	2024	2023	Change
Revenue	$272,000	$227,000	+0.2%
Expenses	$197,317	$169,888	+0.2%
Net Income	$74,683	$57,112	+0.3%

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

N/A

Volunteers

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rob Witwer	Director	0.2	Director	$0	$0	$0
Peter Colussy	Director	0.2	Director	$0	$0	$0
Nelli	Doroshkin	0.2	Director	$0	$0	$0
Julia Zuckerman	Director	0.2	Director	$0	$0	$0
Kevin Lynch	Director	0.2	Director	$0	$0	$0
Betsy Engelking	Director	0.2	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
2024	$272,000	$197,317	$118,919	$74,683
2023	$227,000	$169,888	$44,236	$57,112
2022	$382,000	$404,375	$2,074	$-22,375
2021	$288,200	$307,938	$24,449	$-19,738
2020	$172,333	$127,340	$44,187	$44,993
2019	$110,000	$135,205	$428	$-25,205
2018	$151,000	$157,520	$24,428	$-6,520

COLORADO INDEPENDENT ENERGY ASSOCIATION