HEAT PUMP NATION INC

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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

2023

Legal Domicile

Principal Officer

PANAMA BARTHOLOMY

Phone

4123024784

Tax Period

2023-01-24 to 2023-12-31

HEAT PUMP NATION INC, founded in 2023, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. The organization ran a surplus of $608K, a strong 55% operating margin.

Mission

OUR MISSION IS TO ACHIEVE A JUST AND EQUITABLE TRANSITION TO 100% CLEAN BUILDINGS ACROSS THE U.S. BY 2050. WE WORK TO REPOWER OUR COMMUNITIES WITH ELECTRIC APPLIANCES AND BUILD A THRIVING CLEAN ECONOMY WITH HIGH-ROAD JOBS AND AFFORDABLE ENERGY FOR ALL.

Program Service Accomplishments

Program 1

Expenses: $506,828

HEAT PUMP NATION ADVOCATES FOR THE FULL DECARBONIZATION OF THE BUILT ENVIRONMENT. THIS MEANS THE REPLACEMENT OF ALL APPLIANCES IN BUILDINGS THAT CURRENTLY USE NATURAL GAS WITH HIGHLY EFFICIENT...

HEAT PUMP NATION ADVOCATES FOR THE FULL DECARBONIZATION OF THE BUILT ENVIRONMENT. THIS MEANS THE REPLACEMENT OF ALL APPLIANCES IN BUILDINGS THAT CURRENTLY USE NATURAL GAS WITH HIGHLY EFFICIENT ELECTRIC ALTERNATIVES TO REDUCE AIR POLLUTION, FIGHT CLIMATE CHANGE, PROTECT RATEPAYERS FROM RISING ENERGY COSTS AND SUPPORT HIGH-ROAD JOBS.

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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 $1,115,000

Program Service Revenue $0

Investment Income $642

Other Revenue $0

TOTAL REVENUE $1,115,642

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $506,828

Other Expenses $507,481

TOTAL EXPENSES $507,481

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,115,642	N/A	N/A
Expenses	$507,481	N/A	N/A
Net Income	$608,161	N/A	N/A

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
PANAMA BARTHOLOMY	PRESIDENT	4.00	Officer Director	$0	$0	$0
DONALD SIMON	SECRETARY	4.00	Officer Director	$0	$0	$0
RICK BROWN	TREASURER	4.00	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	No data	No data	No data	No data
2023	$1,115,642	$507,481	$674,761	$608,161