Hydrogen Fuel Cell Bus Council DC

EIN: 923667701 Science & Technology

Washington, DC

Total Revenue
$56,884
Total Expenses
$77,829
Total Assets
$114,182
Net Assets
$114,182
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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
2022
Legal Domicile
DC
Principal Officer
Karl Gnadt
Phone
2022402857
Tax Period
2023-01-01 to 2023-12-31

Hydrogen Fuel Cell Bus Council DC, founded in 2022, is a micro nonprofit in the Science & Technology sector that reported $57K in total revenue in fiscal year 2023. Expenses of $78K exceeded revenue, resulting in a 37% operating deficit.

Mission

The missiion of Hydrogen Fuel Cell Bus Council is to educate policymakers, regulators and transportation stakeholders of the benefits of hydrogen fuel cell electric buses and related infrastructure

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $56,884
Investment Income $0
Other Revenue $0
TOTAL REVENUE $56,884

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $69,816
Other Expenses $77,829
TOTAL EXPENSES $77,829

Year-over-Year Comparison

2023 2022 Change
Revenue $56,884 N/A N/A
Expenses $77,829 N/A N/A
Net Income $-20,945 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

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Governance

Voting Members
5
Independent Members
5
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karl Gnadt President 5.00
Director
$0 $0 $0
Doran Barnes Treasurer 1.00
Director
$0 $0 $0
Kirt Conrad Secretary 1.00
Director
$0 $0 $0
Lauren Skiver Vice President 1.00
Director
$0 $0 $0
MJ Maynard Trustee 1.00
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 $56,884 $77,829 $114,182 $-20,945
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