New Power Tour Inc
- Assets
- $73.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hancock, MI
- Founding
- 12/2005
- Data as of
- 12/2022
- EIN
- 20-3288835
Organization Overview
New Power Tour Inc is located in Hancock, MI. The organization was established in 2005. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Power Tour Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, New Power Tour Inc generated $197.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $132.0k during the year ending 12/2022. While expenses have increased by 21.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROGRAM EXPENSES. STARTUP COSTS FOR MICRO-BUSINESS INCUBATOR FOCUSING ON BAKED GOODS, SEWN GOODS AND WOOD HOME-STORAGE UNITS. HOMEOWNER SUPPORT FOR SOME ENERGY-EFFICIENCY HVAC RECIPIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Davis Managing Director | 40 | $8,500 | |
Sarah Green President | 0.1 | $0 | |
Lynn Artman Vice President | 0.1 | $0 | |
Valorie Troesch Director | 0.1 | $0 | |
Robert Handler Treasurer | 0.2 | $0 | |
Andy Roth Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,858 |
| Total Program Service Revenue | $111,785 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,125 |
| Total Revenue | $197,828 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $109,315 |
| Occupancy, rent, utilities, and maintenance | $8,717 |
| Printing, publications, postage, and shipping | $76 |
| Other expenses | $13,407 |
| Total expenses | $131,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,430 |
| Other assets | $0 |
| Total assets | $73,430 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,430 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Power Tour Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Klungness Family Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Slipstream Group Inc Madison, WI | $35,851,286 | $48,286,004 |
Conservative Energy Network Lansing, MI | $3,495,908 | $7,400,514 |
Solarbron Pointe Inc Bloomington, IN | $33,791,935 | $3,926,791 |
Michigan Saves Inc Lansing, MI | $18,070,925 | $5,834,358 |
Nextenergy Center Detroit, MI | $5,413,697 | $1,211,953 |
Cleantech Partners Inc Middleton, WI | $8,263,187 | $1,764,935 |
Willard M Cornelius Sr Tr Uw With Willard M Cornelius Jr Detroit, MI | $19,189,108 | $3,463,460 |
Couillard Solar Foundation Inc Deerfield, WI | $4,556,095 | $768,093 |
Greater Cincinnati Energy Alliance Inc Cincinnati, OH | $163,162 | $377,430 |
Associated Plumbing And Hydronic Contractors Of Central Ohio Columbus, OH | $986,222 | $385,871 |
Ohio Conservative Energy Forum Columbus, OH | $43,709 | $0 |
The Last Kilometer Corp Sterling Heights, MI | $186,272 | $0 |