CLEAN ENERGY FUND OF TEXAS (EIN 871242944) - 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

2021

Legal Domicile

Phone

8323565494

Tax Period

2024-01-01 to 2024-12-31

CLEAN ENERGY FUND OF TEXAS, founded in 2021, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 241% from the prior year, signaling strong growth momentum.

Mission

The Clean Energy Fund of Texas aims to reduce greenhouse gases and address climate equity by financing energy efficiency, weatherization and water conservation.

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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 $1,660,493

Program Service Revenue $39,806

Investment Income $211

Other Revenue $0

TOTAL REVENUE $1,700,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $935,531

Fundraising Expenses $0

Program Expenses $1,650,020

Other Expenses $714,489

TOTAL EXPENSES $1,650,020

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,700,510	$498,294	+2.4%
Expenses	$1,650,020	$472,605	+2.5%
Net Income	$50,490	$25,689	+1.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN K BROWN	Founder and Chairman Emeritus	5.00	Director	$0	$0	$0
MIKE HOKENSON	BOARD MEMBER	0.00	Director	$0	$0	$0
RICK LEVY	BOARD MEMBER	0.00	Director	$0	$0	$0
PATRICIA ZAVALA	VICE CHAIRMAN BOARD MEMBER	0.00	Director	$0	$0	$0
BILLY BRISCOE	CHIEF EXECUTIVE OFFICER	0.00	Officer Director	$0	$0	$0
VIRGINIA PALACIOS	SECRETARY	0.00	Officer	$0	$0	$0
JOHN SCROGGINS	TREASURER	0.00	Officer	$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	$1,700,510	$1,650,020	$523,556	$50,490
2023	$498,294	$472,605	$462,018	$25,689
2022	$662,705	$226,376	$436,329	$436,329

CLEAN ENERGY FUND OF TEXAS