MID-HUDSON ENERGY TRANSITION INC (EIN 872100911) - 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

Principal Officer

SIMON STRAUSS

Phone

8453831050

Tax Period

2023-01-01 to 2023-12-31

MID-HUDSON ENERGY TRANSITION INC, founded in 2021, is a small nonprofit in the Environment sector that reported $806K in total revenue in fiscal year 2023. Revenue surged 153% from the prior year, signaling strong growth momentum. The organization ran a surplus of $153K, a strong 19% operating margin.

Mission

OUR MISSION IS TO EMPOWER MUNICIPALITIES, RESIDENTS, AND BUSINESSES (CONTINUED ON SCHEDULE O) TO OWN AND SHARE RENEWABLE ENERGY, CREATE HEALTHIER BUILDINGS, AND JOIN IN COMMUNITY WEALTH-BUILDING TO STRENGTHEN THE RESILENCE OF THE HUDSON VALLEY IN THE FACE OF CLIMATE CHANGE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $763,143

Program Service Revenue $0

Investment Income $42,134

Other Revenue $575

TOTAL REVENUE $805,852

Expense Breakdown

Grants Paid $0

Salaries & Benefits $373,724

Fundraising Expenses $44,742

Program Expenses $337,012

Other Expenses $279,501

TOTAL EXPENSES $653,225

Year-over-Year Comparison

	2023	2022	Change
Revenue	$805,852	$318,118	+1.5%
Expenses	$653,225	$94,379	+5.9%
Net Income	$152,627	$223,739	-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

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

$134,845

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCY CLEVELAND	MEMBER	8.00	Director	$0	$0	$0
JOEL HERM	SECRETARY	8.00	Officer Director	$0	$0	$0
JASMINE GRAHAM	MEMBER	40.00	Director	$121,573	$13,272	$134,845
SAMRAT PATHANIA THRU APRIL	MEMBER	8.00	Director	$0	$0	$0
PEGGY GANS THRU APRIL	MEMBER	8.00	Director	$0	$0	$0
SUSAN GILLESPIE	PRESIDENT	8.00	Officer	$0	$0	$0
SIMON STRAUSS	TREASURER	8.00	Officer	$0	$0	$0
DANA HALL THRU NOVEMBER	SECRETARY	8.00	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	No data	No data	No data	No data
2023	$805,852	$653,225	$935,457	$152,627
2022	$1,558,118	$94,379	$1,519,241	$1,463,739

MID-HUDSON ENERGY TRANSITION INC