E4thefuture
- Assets
- $19.4m
- Revenue
- $1.4m
- Investments
- $457.9k
- Employees
- 15
- Location
- Framingham, MA
- Founding
- 12/1993
- Data as of
- 12/2021
- EIN
- 22-2547170
Organization Overview
E4thefuture is located in Framingham, MA. The organization was established in 1993. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2021, E4thefuture employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. E4thefuture 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 12/2021, E4thefuture generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (43.6%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, E4thefuture has awarded 136 individual grants totaling $10,212,108. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
E4THEFUTURE'S MISSION IS TO PROMOTE RESIDENTIAL CLEAN ENERGY AND SUSTAINABLE RESOURCE SOLUTIONS TO ADVANCE CLIMATE PROTECTION AND ECONOMIC FAIRNESS BY INFLUENCING FEDERAL, STATE AND LOCAL POLICIES, AND BY HELPING TO BUILD A RESILIENT AND VIBRANT ENERGY EFFICIENCY AND CLEAN ENERGY SECTOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 JUSTICE COMMUNITITES.
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. IMPROVE EFFICIENCY SCREENING PRACTICES THROUGHOUT THE UNITED STATES. SUPPORT THE DEVELOPMENT OF RESEARCH TO ASSESS THE HEALTH IMPACTS OF ENERGY EFFICIENCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Cowell President | Officer | 60 | $292,798 |
Julie Michals Director Of Clean Energy Valuation | 40 | $158,427 | |
Patricia Stanton Director Of Policy | 40 | $148,859 | |
Susan Buchan Director Of Energy Projects | 40 | $135,913 | |
Paula Mcnulty Director Of Operations | 40 | $100,047 | |
John J Sheehan III CFO And Clerk | Officer | 9 | $26,395 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Synapse Energy Economics Inc Energy Research | 12/30/21 | $196,155 |
Anndyl Policy Group Llc Policy Consultant | 12/30/21 | $166,361 |
The Cadmus Group Llc Energy Consultant | 12/30/21 | $233,420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $118,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,236 |
| Total Program Service Revenue | $0 |
| Investment income | $388,190 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $856,906 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,363,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $859,311 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $366,295 |
| Compensation of current officers, directors, key employees. | $79,956 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $998,267 |
| Pension plan accruals and contributions | $29,062 |
| Other employee benefits | $100,576 |
| Payroll taxes | $106,128 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,791 |
| Fees for services: Accounting | $19,482 |
| Fees for services: Lobbying | $54,038 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $103,161 |
| Fees for services: Other | $1,116,365 |
| Advertising and promotion | $576 |
| Office expenses | $23,074 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,754 |
| Travel | $9,427 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,778 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,722 |
| Insurance | $19,124 |
| All other expenses | $0 |
| Total functional expenses | $4,135,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,022 |
| Savings and temporary cash investments | $477,253 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,583 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $46,490 |
| Net Land, buildings, and equipment | $1,114 |
| Investments—publicly traded securities | $18,304,069 |
| Investments—other securities | $457,875 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,416,406 |
| Accounts payable and accrued expenses | $381,973 |
| Grants payable | $617,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $998,973 |
| Net assets without donor restrictions | $18,408,126 |
| Net assets with donor restrictions | $9,307 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,416,406 |
Grants Awarded
Over the last fiscal year, E4thefuture has awarded $772,500 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Moon Township, PA PURPOSE: DEVELOP NETWORK OF STATE COORDINATORS TO ORGANIZE AND COORDINATE STATE RESOURCES TO BUILD CAPACITY OF STATE EE OFFICES AND AGENCIES. EDUCATION UPDATES ON DEVELOPMENTS KEY TO EE RETROFIT MARKETS AS THEY DEVELOP STATE BY STATE | $185,000 |
Boston, MA PURPOSE: SUPPORT FOR POLICY DEVELOPMENT AND ANALYSIS AND REGULATORY INITIATIVES. | $85,000 |
Arlington, VA PURPOSE: TO ENGAGE STATE GOVERNMENTS AND KEY STAKEHOLDER ORGANIZATIONS TO PROMOTE COORDINATED PLANNING AND PROGRAM IMPLEMENTATION TO SUPPORT ECONOMIC RECOVERY AND CLIMATE ACTION. | $80,000 |
Washington, DC PURPOSE: FUNDING WILL SUPPORT THE ADOPTION AND EXPANSION OF ENERGY EFFICIENCY POLICIES IN SIX TO EIGHT TARGET STATES. | $70,000 |
HOME ENERGY EFFICIENCY TEAM PURPOSE: TO ORGANIZE ONE YEAR OF QUARTERLY COMMUNITY CHARRETTES FOR GEOMICRODISTRICT PILOTS. | $60,000 |
Washington, DC PURPOSE: TO CONDUCT REGULATORY OUTREACH AND LEGISLATIVE EDUCATION TO SUPPORT STATE EFFORTS TO ACHIEVE AGGRESSIVE ADVANCED ENERGY INVESTMENT AND CARBON REDUCTION GOALS | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that E4thefuture has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
The Energy Foundation San Francisco, CA PURPOSE: TO PROMOTE EDUCATION AND ANALYSIS FOR ENERGY EFFICIENCY. | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Efficiency Forward Inc Medford, MA | $5,907,697 | $9,722,584 |
Center For Ecotechnology Inc Dalton, MA | $5,279,642 | $8,781,564 |
New York City Energy Efficiency Corporation New York, NY | $49,730,328 | $4,961,348 |
Environment Next Inc East Aurora, NY | $24,217,627 | $8,709,351 |
E4thefuture Framingham, MA | $19,416,406 | $1,363,963 |
Northeast Energy Efficiency Partnerships Inc Lexington, MA | $4,479,644 | $4,251,266 |
Deploy-Us Inc Boston, MA | $2,976,414 | $4,253,205 |
Interstate Renewable Energy Council Albany, NY | $3,755,320 | $4,093,970 |
National Wind Technology Consortium Albany, NY | $2,138,543 | $2,465,652 |
Sustainable Westchester Inc Mount Kisco, NY | $1,228,571 | $2,221,583 |
Ct Energy Efficiency Finance Company Wallingford, CT | $31,376,101 | $1,991,460 |
Clean Energy States Alliance Inc Montpelier, VT | $1,022,746 | $1,229,033 |