DIGITAL ENERGY COUNCIL

EIN: 932140757 Community Improvement

WASHINGTON, DC

Total Revenue
$200,000
Total Expenses
$51,512
Total Assets
$153,896
Net Assets
$148,488
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DC
Principal Officer
THOMAS MAPES
Phone
2027426322
Tax Period
2023-01-01 to 2023-12-31

DIGITAL ENERGY COUNCIL, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $200K in total revenue in fiscal year 2023. The organization ran a surplus of $148K, a strong 74% operating margin.

Mission

DIGITAL ENERGY COUNCIL (DEC) IS THE FIRST MEMBER ASSOCIATION FOCUSED SOLELY ON DIGITAL ENERGY. DEC WORKS TO PROMOTE THE DIGITAL ENERGY INDUSTRY, BUILD AND FOSTER RELATIONSHIPS THROUGHOUT THE ENERGY AND DIGITAL ASSET MINING INDUSTRIES, CONNECT MEMBERS AND KEY STAKEHOLDERS, AND ADVANCE STRATEGIC INITIATIVES IN THE AREAS OF DIGITAL ASSET MINING, ENERGY PRODUCTION, NATIONAL SECURITY, GREEN ENERGY TRANSITION, AND ECONOMIC DEVELOPMENT THROUGHOUT THE UNITED STATES.

Program Service Accomplishments

Program 1
Expenses: $32,144

DEC HAS ESTABLISHED ITSELF AS A LEADING AUTHORITY FOR ENERGY POLICY DEVELOPMENT. IT IS THE VOICE FOR ENERGY AND DIGITAL ASSET MINING INDUSTRY LEADERS AND A KEY RESOURCE FOR FACILITATING DIALOGUE...

Read more

DEC HAS ESTABLISHED ITSELF AS A LEADING AUTHORITY FOR ENERGY POLICY DEVELOPMENT. IT IS THE VOICE FOR ENERGY AND DIGITAL ASSET MINING INDUSTRY LEADERS AND A KEY RESOURCE FOR FACILITATING DIALOGUE BETWEEN INDUSTRY, POLICYMAKERS, AND REGULATORS AROUND THE BIPARTISAN ISSUES OF DIGITAL ASSET MINING, U.S. ENERGY SECURITY, SUSTAINABILITY, AND GRID MODERNIZATION.DURING ITS FIRST MONTHS OF OPERATION, DEC GAINED SUPPORT FROM SENATORS LISA MURKOWSKI, CHAIR OF THE SENATE ENERGY AND NATURAL RESOURCES COMMITTEE FROM 2015 TO 2021, AND CYNTHIA LUMMIS LENDING THEIR VOICES FOR THE NEED FOR COORDINATION BETWEEN THE TECHNOLOGY AND ENERGY INDUSTRIES. DEC ALSO BEGAN MEETING WITH OFFICES, INCLUDING THE U.S. SENATE COMMITTEE ON FINANCE AS WELL AS THE ENERGY AND COMMERCE SUBCOMMITTEE ON ENERGY, CLIMATE, AND GRID SECURITY PROVIDING RECOMMENDATIONS FOR DIGITAL ASSET MINING-RELATED TAX POLICY AND EXPLANATIONS AS TO HOW DIGITAL ASSETS CAN BE USED AS A TOOL FOR GRID STABILITY AS WELL AS HOW DIGITAL ASSET MINING SUPPORTS THE ADOPTION OF RENEWABLE ENERGY SOURCES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $200,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,913
Fundraising Expenses $0
Program Expenses $32,144
Other Expenses $24,599
TOTAL EXPENSES $51,512

Year-over-Year Comparison

2023 2022 Change
Revenue $200,000 N/A N/A
Expenses $51,512 N/A N/A
Net Income $148,488 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
1
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
3
$25,000
Total Directors
3
$25,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS MAPES BOARD MEMBER,EXEC DIR,PRESIDENT 40.00
Officer Director
$25,000 $0 $25,000
ZACH BRADFORD BOARD MEMBER,TREASURER 1.00
Officer Director
$0 $0 $0
MELISSA NETRAM BOARD MEMBER,SECRETARY 1.00
Officer 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
2023 $200,000 $51,512 $153,896 $148,488
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare DIGITAL ENERGY COUNCIL with other nonprofits in District of Columbia and across the country.