PORTLAND ENERGY CONSERVATION INC

EIN: 930770824 501(c)(3)

PORTLAND, OR

Total Revenue
$119,811
Total Expenses
$1,610,451
Total Assets
$4,162,408
Net Assets
$4,087,293
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
OR
Principal Officer
TIM MILLER
Phone
5034069410
Tax Period
2019-01-01 to 2019-12-31

PORTLAND ENERGY CONSERVATION INC, founded in 1979, is a small nonprofit that reported $120K in total revenue in fiscal year 2019. Revenue surged 125% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 1244% operating deficit.

Mission

PECI IS DEDICATED TO THE PROTECTION AND PRESERVATION OF THE ENVIRONMENT THROUGH THE PROMOTION OF ENERGY EFFICIENCY, CONSERVATION, AND CLEAN ENERGY TECHNOLOGIES THAT HELP CONSUMERS AND BUSINESSES USE ENERGY RESOURCES IN A MORE SUSTAINABLE MANNER.

Program Service Accomplishments

Program 1
Expenses: $806,924

POLICY - AS PART OF ITS POLICY PROGRAM, PECI IS FOCUSED ON PARTNERING WITH OTHER NONPROFITS IN ADDRESSING TRANSPORTATION DECARBONIZATION AND REDUCING THE CLIMATE IMPACT OF BUILDINGS. THIS WORK WILL...

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POLICY - AS PART OF ITS POLICY PROGRAM, PECI IS FOCUSED ON PARTNERING WITH OTHER NONPROFITS IN ADDRESSING TRANSPORTATION DECARBONIZATION AND REDUCING THE CLIMATE IMPACT OF BUILDINGS. THIS WORK WILL HELP ADVANCE ENERGY-RELATED POLICIES THAT WILL HELP ADDRESS CLIMATE CHANGE WHILE INTEGRATING EQUITY CONSIDERATIONS. IN 2019, AS PART OF ITS POLICY PROGRAM, PECI SELECTED SIX NONPROFITS TO RECEIVE GRANT FUNDS TO ACCOMPLISH WORK IN THE SUSTAINABLE ENERGY AND CLIMATE CHANGE SPACE. REFER TO SCHEDULE I FOR MORE DETAILS.

Program 2
Expenses: $437,412

OTHER PROGRAMS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $50,000
Program Service Revenue $0
Investment Income $66,127
Other Revenue $3,684
TOTAL REVENUE $119,811

Expense Breakdown

Grants Paid $689,280
Salaries & Benefits $711,921
Fundraising Expenses $0
Program Expenses $1,244,336
Other Expenses $209,250
TOTAL EXPENSES $1,610,451

Year-over-Year Comparison

2019 2018 Change
Revenue $119,811 $53,239 +1.3%
Expenses $1,610,451 $838,912 +0.9%
Net Income $-1,490,640 $-785,673 +0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
4
Volunteers
8

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
5
$290,282
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ASHWORTH PRESIDENT 1.00
Officer Director
$0 $0 $0
AMANDA POTTER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
STEPHEN EICHENLAUB TREASURER 1.00
Officer Director
$0 $0 $0
JEFF ALLEN DIRECTOR 1.00
Director
$0 $0 $0
BILL EDMONDS DIRECTOR 1.00
Director
$0 $0 $0
JOHN AUDLEY DIRECTOR 1.00
Director
$0 $0 $0
SUSAN ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
NANCY JOANNE HAMILTON DIRECTOR 1.00
Director
$0 $0 $0
PHIL WELKER SECRETARY AND ADVISOR 20.00
Officer
$100,755 $6,285 $107,040
TIM MILLER EXECUTIVE DIRECTOR 25.00
Officer
$183,242 $0 $183,242
JEFFREY COLE SR. PRODUCT DEV. & PROJECT MGR. 32.00
Highest
$121,400 $0 $121,400
MICHAELA RAMSEY SR. PRODUCT DEV. & PROJECT MGR. 32.00
Highest
$127,292 $14,424 $141,716
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
2019 $119,811 $1,610,451 $4,162,408 $-1,490,640
2018 $53,239 $838,912 $5,761,932 $-785,673
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