BLOCKCHAIN FOR ENERGY INC (EIN 852400134) - 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

2020

Legal Domicile

Principal Officer

REBECCA HOFMANN

Phone

6469266633

Tax Period

2024-01-01 to 2024-12-31

BLOCKCHAIN FOR ENERGY INC, founded in 2020, is a community nonprofit in the Environment sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $478K, a strong 19% operating margin.

Mission

TO HELP TRANSITION THE ENERGY INDUSTRY INTO THE NEXT GENERATION OF THE INTERNET (WEB3) THROUGH DEVELOPING AND DEPLOYING INNOVATIVE AND VALUE-ADDED DIGITAL SOLUTIONS IN A COLLABORATIVE, NON-COMPETITIVE ENVIRONMENT.

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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 $354,128

Program Service Revenue $2,162,500

Investment Income $21

Other Revenue $0

TOTAL REVENUE $2,516,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,392

Fundraising Expenses $0

Program Expenses $1,843,149

Other Expenses $2,015,981

TOTAL EXPENSES $2,038,373

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,516,649	$1,337,500	+0.9%
Expenses	$2,038,373	$1,658,985	+0.2%
Net Income	$478,276	$-321,485	-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

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

$20,859

Total Directors

$20,859

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA HOFMANN	PRESIDENT &	60.00	Officer Director	$19,500	$1,359	$20,859
RAQUEL CLEMENT	CHAIRPERSON	5.00	Officer Director	$0	$0	$0
JASON JONES	TREASURER	2.00	Officer	$0	$0	$0
RAJ RAPAKA	VICE CHAIRPE	2.00	Director	$0	$0	$0
NURIA AVALOS	BOARD MEMBER	1.00	Director	$0	$0	$0
ZACH GRAGG	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE WEMPE	BOARD MEMBER	1.00	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
2024	$2,516,649	$2,038,373	$826,235	$478,276
2023	$1,337,500	$1,658,985	$800,213	$-321,485
2022	$850,000	$882,732	$624,493	$-32,732
2021	$707,481	$1,162,676	$436,325	$-455,195
2020	$883,000	$30,580	$882,884	$852,420

BLOCKCHAIN FOR ENERGY INC