Efficiency Valuation Organization EIN 91-2154725

Efficiency Valuation Organization

EIN  91-2154725 Public charity (501(c)(3)) Washington, DC
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Helps people engineer and invest in energy efficiency projects globally.
Leadership
Denis Tanguay · Executive Director · $147K
Money in and out
$430K revenue, $442K expenses
Bottom line
74% program efficiency

Helps people engineer and invest in energy efficiency projects globally. For fiscal year 2024 it reported $430K in revenue, $442K in expenses, and $144K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$430K
Pt VIII · Ln 12
Total expenses
$442K
Pt IX · Ln 25
Net assets
$144K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$13K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.26
Program efficiency
74%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
2.8mo
months of highly liquid reserves at operating expense rate▼ -3% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▲ +89% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$430K
FY2024▲ +24%
Expenses
$442K
FY20240%
Total assets
$167K
FY2024▼ -15%
Total liabilities
$24K
FY2024▼ -36%
Total revenue
$430K
Pt VIII · Ln 12
Total expenses
$442K
Pt IX · Ln 25
Net assets
$144K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$13K
Total assetsPt X · Ln 16$167K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $328K of program spending, described in the organization's own filed words · FY2024.
01

Training & Certification

Evo provides M&V (measurement & verification) training tailored to the needs of an international audience. We offer a variety of introductory, intermediate, and advanced training and workshops to help M&V professionals stay up to date on the latest trends in measurement and verification.

$146Kprogram expense
02

M&v Materials & Services

Evo strives to support and provide access to the global base of knowledge in the field of resource efficiency measurement and valuation. Energy efficiency projects and programs are different all over the world. Evo is uniquely positioned to develop and disseminate such education tailored to the needs of different regions.

$120Kprogram expense
03

Evo Website

Evo's website content is continually improved to enable M&V professionals to affiliate with the foremost industry voice for news and events and to stay current with M&V policy and practices. It provides links to all the products & services, upcoming training, and documents.

$62Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEfficiency Valuation Organization
EINHdr · item D91-2154725
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.evo-world.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C35)
Ruling yearIRS BMFDec 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$146,752Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Denis Tanguay’s $147K as Executive Director is at the 95th percentile of top reported officer pay among 1981 $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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Denis Tanguay$146,752$144,252$136,080$129,600$140,000

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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Statement of Revenue

Part VIII
Program service revenue$394K · 92%
Contributions & grants$36K · 8%
Program service revenue92%$394K
Contributions & grants8%$36K
Total revenueLn 12$430K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.26
Program services74%$328K
Management & general26%$115K
Total functional expensesLn 25$442K

Balance Sheet

Part X · end of year
CashLn 1$102K
Total assetsLn 16$167K
Total liabilitiesLn 26$24K
Total net assetsLn 32$144K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $102K · Operating expenses/yr $442K
2.8 months
Where the money goes
Program services
Program services $328K · Total expenses $442K
74%
Management & General
Management & general $115K · Total expenses $442K
26%
Fundraising
Fundraising $0 · Total expenses $442K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $28K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $36K · Total revenue $430K
8%
Government reliance
Government grants — · Total revenue $430K
Earned-income share
Program service revenue $394K · Total revenue $430K
92%
Investment reliance
Investment income $0 · Total revenue $430K
0%
Program self-sufficiency
Program service revenue $394K · Total expenses $442K
89%
Growth & trend
Revenue growth (YoY)
This year $430K · Prior year $347K
+24%
Revenue CAGR
FY2020 $698K · FY2024 $430K
-11%
Net-asset trend (YoY)
End of year $144K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $430K · Expenses $442K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $167K
Net-asset ratio
Net assets $144K · Total assets $167K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $167K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Denis Tanguay · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $147K · Total expenses $442K
33%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $147K · Total expenses $442K
33%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 26%
Fundraising cost ratio 0%
Revenue growth 24%
Legal fee ratio 0%
Accounting fee ratio 4%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$5K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$430K revenue · viewing · ⤓ 990 PDF
FY2023$347K revenue · ⤓ 990 PDF
FY2022$404K revenue · ⤓ 990 PDF
FY2021$587K revenue · ⤓ 990 PDF
FY2020$698K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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