Evo is a non-profit Organization whose products and services help people engineer and invest in energy Efficiency projects worldwide.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$144K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $54K a year · 11% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$144K
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$37K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$347K
-14% vs prior year
Spent
$443K
To programs
73%
Net assets
$159K
By yearFY2020–FY2024
Revenue
$347K
FY2023▼ -14%
Tap a bar for its year
Revenue by fiscal year
FY2020$698K
FY2021$587K
FY2022$404K
FY2023$347K
FY2024$430K
Expenses
$443K
FY2023▼ -32%
Tap a bar for its year
Expenses by fiscal year
FY2020$623K
FY2021$580K
FY2022$649K
FY2023$443K
FY2024$442K
Net assets
$159K
FY2023▼ -38%
Tap a bar for its year
Net assets by fiscal year
FY2020$492K
FY2021$499K
FY2022$257K
FY2023$159K
FY2024$144K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $325K Management & general 27% · $118K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $144K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$144,252Pt 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 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 · 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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps people engineer and invest in energy efficiency projects globally.

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Provided by the organization

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3 programs · $325K · in their own filed words · FY2023
01

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.

$129Kprogram expense
02

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.

$128Kprogram 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.

$68Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

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

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$347K
Ln 12
Fees for servicesLn 2g$321K
Gifts and grantsLn 1h$25K
Investment incomeLn 3$700
Money outPt IX
$443K
Ln 25
Programscol B$325K
Managementcol C$118K
Owns and owesPt X
$159K
net assets · Ln 32
Cash and savingsLn 1–2$105K
Total assetsLn 16$196K
LiabilitiesLn 26$37K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25K
Fees for servicesLn 2g$321K
Investment incomeLn 3$700
Total revenueLn 12$347K
Assets in detailPt X, end of year
CashLn 1$105K
Cash and savings togetherLn 1–2$105K
Total assetsLn 16$196K
LiabilitiesLn 26$37K
Net assetsLn 32$159K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$275K$105K
Total assetsLn 16$404K$196K
LiabilitiesLn 26$147K$37K
Net assetsLn 32$257K$159K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$144K$84K$60K
Management feesLn 11a$121K$102K$19K
Legal feesLn 11b$732$732
Accounting feesLn 11c$20K$20K
Office expensesLn 13$5K$1K$4K
Information technologyLn 14$42K$42K
TravelLn 17$8K$8K
Conferences, conventions and meetingsLn 19$898$898
Depreciation, depletion and amortizationLn 22$430$430
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$101K$95K$6K
Total functional expensesLn 25$443K$325K$118K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $430K$442K−$13K$144K 990 PDF
FY2023 Viewing $347K$443K−$96K$159K 990 PDF
FY2022 $404K$649K−$245K$257K 990 PDF
FY2021 $587K$580K$7K$499K 990 PDF
FY2020 $698K$623K$76K$492K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $347,126 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $25,000$25,000
I-9 Program service revenuePrior year $379,182$321,426
I-10 Investment incomePrior year $26$700
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $404,208$347,126
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $136,080$144,252
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $513,114$298,900
I-18 Total expensesPrior year $649,194$443,152
I-19 Revenue less expensesPrior year −$244,986−$96,026
Part VI · Governance 5 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $347,126 across 5 lines filed
VIII-1f All other contributions, gifts and grants$25,000
VIII-1h Total contributions, gifts and grants$25,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $321,426$321,426
VIII-3 Investment incomeExcluded from tax $700$700
VIII-12 Total revenueRelated to mission $321,426 · Unrelated business $0 · Excluded from tax $700$347,126
Part IX · Statement of functional expenses $443,152 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $84,488 · Management $59,764$144,252
IX-11a Management feesPrograms $102,195 · Management $18,511$120,706
IX-11b Legal feesManagement $732$732
IX-11c Accounting feesManagement $19,784$19,784
IX-13 Office expensesPrograms $1,266 · Management $3,517$4,783
IX-14 Information technologyPrograms $41,592$41,592
IX-17 TravelManagement $7,518$7,518
IX-19 Conferences, conventions and meetingsManagement $898$898
IX-22 Depreciation, depletion and amortizationManagement $430$430
IX-23 InsuranceManagement $1,724$1,724
IX-24 Other expenses (24a–d)Programs $95,118 · Management $5,615$100,733
IX-25 Total functional expensesPrograms $324,659 · Management $118,493 · Fundraising $0$443,152
Part X · Balance sheet $196,430 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $275,493$105,365
X-4 Accounts receivableStart of year $87,960$85,826
X-9 Prepaid expenses and deferred chargesStart of year $36,695$2,120
X-14 Intangible assetsStart of year $3,549$3,119
X-16 Total assetsStart of year $403,697$196,430
X-17 Accounts payable and accrued expensesStart of year $146,543$37,126
X-26 Total liabilitiesStart of year $146,543$37,126
X-27 Net assets without donor restrictionsStart of year $257,154$159,304
X-32 Total net assets or fund balancesStart of year $257,154$159,304
X-33 Total liabilities and net assetsStart of year $403,697$196,430
Part XI · Reconciliation of net assets $159,304 net assets at year end
XI-1 Total revenue$347,126
XI-2 Total expenses$443,152
XI-3 Revenue less expenses−$96,026
XI-4 Net assets at start of year$257,154
XI-9 Other changes in net assets−$1,824
XI-10 Net assets at end of year$159,304

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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