Form 990 for the fiscal year ending December 2021 (IRS tax year 2021).
Status and standing
Where the money goes
Statement of Functional Expenses
Financial health
Summary of the Filing
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 87% | — | — |
| Overhead ratio | 13% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -42% | — | — |
| Investment management fee ratio | 0.5% | — | — |
| Legal fee ratio | 0.4% | — | — |
| Accounting fee ratio | 0.5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Officers, Directors & Key Employees
Julie Michals’s $274K as Director of Valuation is at the 100th percentile of top reported officer pay among 1989 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Stephen Cowell | — | $218,476 | $282,795 | $379,951 | $292,798 | $297,114 |
| Julie Michals | $273,605 | $192,753 | $170,850 | $162,724 | $158,427 | — |
| Patricia Stanton | $252,601 | $267,235 | $212,405 | $166,457 | $148,859 | $151,638 |
| Paula McNulty | $206,376 | $205,719 | $185,028 | $115,597 | $100,047 | — |
| Susan Buchan | — | $203,818 | $183,333 | $154,190 | $135,913 | $145,487 |
| Julie Michaels | — | — | — | — | — | $164,990 |
| Carol Harley | — | $131,576 | — | — | — | — |
| Audrey Bragg | — | — | — | $101,370 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Governance & Policies
Mission and programs
Advocates for clean energy policies and a strong efficiency sector to protect the climate and promote fairness.
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Where the work happens
Federal and state policy supportsupport selected federal and state state-level campaigns where the residential clean energy policy environment is at risk or can be significantly advanced. Focus E4THEFUTURE resources and leadership on states in which it can have a significant impact on policy.
Strengthen the industryprovide leadership to drive collaboration among industry participants. Develop standards to improve the process in which utility customer-funded electricity and natural gas energy efficiency resources are assessed for cost-effectiveness and compared to other resource investments.
Community clean energy project (ccep)the purpose of the project is to develop clean energy programs and pilots to provide disadvantaged communities with equitable access to clean energy. A majority of these projects focus on reducing green house gas emmissions through transportation electrification and shared mobility in environmental…
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Funders
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2025 Latest | $465K | $6.4M | -31% | 990 PDF |
| FY2024 | $676K | $3.8M | -77% | 990 PDF |
| FY2023 | $2.9M | $3.7M | ×21 | 990 PDF |
| FY2022 | $136K | $3.8M | -90% | 990 PDF |
| FY2021 Viewing | $1.4M | $4.1M | -42% | 990 PDF |
| FY2020 | $2.3M | $4.2M | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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Sources
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