The Regeneration Project

EIN: 943335236 501(c)(3)

Oakland, CA

Total Revenue
$1,603,183
Total Expenses
$2,405,351
Total Assets
$821,933
Net Assets
$418,975
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Principal Officer
Susan Hendershot
Phone
5104444891
Tax Period
2023-01-01 to 2023-12-31

The Regeneration Project, founded in 2000, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 50% operating deficit.

Mission

Interfaith Power & Light (IPL) inspires and mobilizes people of faith and conscience to take bold and just action on climate change.

Program Service Accomplishments

Program 1
Expenses: $1,974,561 Revenue: $22,565

National program expenditures funded educational campaigns on climate and creation care, organizational support for affiliates, and policy advocacy for clean energy and climate solutions. A few...

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National program expenditures funded educational campaigns on climate and creation care, organizational support for affiliates, and policy advocacy for clean energy and climate solutions. A few highlights were: our national conference held in person again in Washington, DC, which brought 70 state and national IPL leaders together to share best practices and build community; Faith Climate Action Week which supported over 1,500 congregations to hold worship services or other activities focused on climate , as well as garden planting ; the Cool Congregations Challenge to inspire and recognize outstanding efforts to green houses of worship and build sustainable communities; and a nonpartisan faith voter mobilization campaign. In 2022 IPL earned hundreds of news media mentions and hundreds of social media posts, generating millions of impressions. IPL and our affiliates regularly communicated with more than 100,000 supporters and reached more than 22,000 congregations. In addition, our staff and board leaders addressed dozens of faith community gatherings held around the country.Another significant program expense was support grants for state affiliates. State IPLs engaged congregations in their states in climate solutions, broadcast the call for a faithful response to climate change, advocated for clean energy, and sponsored voter education and mobilization campaigns.California Interfaith Power & Light (CIPL) educated its 720+ member congregations about global warming and advocated for equitable and effective climate policies at the state level. Highlights of the year included equipping several congregations in the Bay Area to become climate resiliency hubs to support their communities in times of emergency such as extreme heat or wildfire smoke. CIPL also promoted renewable energy and energy conservation. We supported congregations in lower income areas in accessing EV rebates and incentives. We advocated for policies at the state and local level to reduce pollution and advance environmental justice, including a state policy to phase out gas-powered cars by 2035.

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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 $1,576,446
Program Service Revenue $22,565
Investment Income $4,172
Other Revenue $0
TOTAL REVENUE $1,603,183

Expense Breakdown

Grants Paid $377,600
Salaries & Benefits $1,131,371
Fundraising Expenses $246,367
Program Expenses $1,974,561
Other Expenses $896,380
TOTAL EXPENSES $2,405,351

Year-over-Year Comparison

2023 2022 Change
Revenue $1,603,183 $2,453,020 -0.3%
Expenses $2,405,351 $2,223,006 +0.1%
Net Income $-802,168 $230,014 -4.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
12
Volunteers
65

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
6
$281,110
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rev Susan Hendershot President 40.00
Officer
$137,984 $7,300 $145,284
Susan Stephenson Executive Dir. 40.00
Officer
$130,549 $5,277 $135,826
Rev Dr Gerald Durley Board Chair 2.00
Officer Director
$0 $0 $0
Melissa Gavin Vice Chair 1.00
Officer Director
$0 $0 $0
Sam Schuchat Treasurer 1.50
Officer Director
$0 $0 $0
Gregory Lopez Secretary 1.00
Officer Director
$0 $0 $0
Rabbi Fred Scherlinder Dobb Board Member 1.00
Director
$0 $0 $0
Joshua Low Board Member 1.00
Director
$0 $0 $0
Nathan Wilcox Board Member 1.00
Director
$0 $0 $0
The Rev Melanie Mullen Board Member 1.00
Director
$0 $0 $0
Codi Norred Board Member 1.00
Director
$0 $0 $0
Rev Vy Nguyen Board Member 1.00
Director
$0 $0 $0
Sarah Spengeman Board Member 1.00
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
2023 $1,603,183 $2,405,351 $821,933 $-802,168
2022 $2,453,020 $2,223,006 $1,444,409 $230,014
2021 $1,563,526 $1,363,688 $1,106,469 $199,838
2020 $1,392,074 $1,493,759 $910,119 $-101,685
2019 $1,774,314 $1,390,483 $1,102,119 $383,831
2018 $873,913 $1,502,202 $675,182 $-628,289
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