The Gridwise Alliance Inc
- Assets
- $267.6k
- Revenue
- $781.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 26-0723041
Organization Overview
The Gridwise Alliance Inc is located in Washington, DC. The organization was established in 2009. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gridwise Alliance 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 12/2021, Gridwise Alliance Inc generated $781.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $819.9k during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CHAMPION THE PRINCIPLES, POLICIES, AND INVESTMENTS NEEDED TO TRANSFORM THE ELECTRICITY GRID BY UNDERSTANDING THE DIVERSE PERSPECTIVES AND PRIORITIES OF ALL STAKEHOLDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNOLOGY AND POLICY COUNCILS - THE PURPOSE OF THE TECHNOLOGY COUNCIL IS TO EXPAND THE GRIDWISE ALLIANCE IMPACT AS THE PREMIER "THOUGHT LEADER" REGARDING KEY TECHNOLOGY ISSUES RELATED TO GRID MODERNIZATION. THE PURPOSE OF THE POLICY COUNCIL IS TO POSITION THE GRIDWISE ALLIANCE AS THE PREMIER INDUSTRY GROUP LEADING ACTIVITIES AND INITIATIVES FOCUSED ON STATE AND FEDERAL POLICIES RELATED TO GRID MODERNIZATION.
GRIDCONNEXT - THE ORGANIZATION HELD THIS EVENT WHICH BROUGHT TOGETHER BUSINESS, UTILITY, FINANCE, AND POLICY LEADERS TO EXPLORE THE MOST IMPORTANT TOPICS IMPACTING THE GRID. THE EVENT CONVENED WORLD-CLASS EXPERTS TO EXPLORE DIVERSE PERSPECTIVES AND UNCOVER MARKET INNOVATIONS POISED TO REDRAW THE ELECTRIC UTILITY LANDSCAPE. THIS EVENT ALSO OFFERED OPPORTUNITIES TO CONNECT WITH KEY STAKEHOLDERS AND EXPLORE WHAT'S NEXT IN THE UTILITY SECTOR.
DEVELOPMENT OF GRID MODERNIZATION RESOURCES -THE ORGANIZATION DEFINED AND PROMOTED ITS ROLE AS A REPRESENTATIVE OF THE ENTIRE GRID ECOSYSTEM BY COLLECTING DATA, BEST PRACTICES, AND THOUGHT LEADERSHIP CONTENT TO DESIGN AND PRODUCE WHITE PAPERS, GRID MODERNIZATION INDEX FRAMEWORKS, AND WEBSITE MULTIMEDIA GRAPHICS THAT DEMONSTRATED THE ORGANIZATION'S LEADERSHIP ON GRID MODERNIZATION.
FUTURE OF THE GRID - REPRESENTS THE BROAD AND DIVERSE STAKEHOLDERS THAT DESIGN, BUILD AND OPERATE THE ELECTRIC GRID WHILE EDUCATING LEGISLATORS ABOUT THE CRITICAL NEED TO MODERNIZE THE NATION'S ELECTRICITY SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Wayland CEO | Officer | 40 | $195,000 |
Steven Hauser Former CEO | 40 | $35,000 | |
Gil Quiniones Board Chair | OfficerTrustee | 5 | $0 |
Lisa Barton Vice Chair | OfficerTrustee | 5 | $0 |
Kerrick Johnson Director | Trustee | 1 | $0 |
Lee Krevat Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Management Strategies (Ams) Bookkeeping/consulting | 12/30/21 | $236,600 |
Dentons Us Llp Consulting | 12/30/21 | $105,000 |
Kw Energy Strategies Llc Policy Consultant | 12/30/21 | $195,000 |
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 | $115,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,000 |
| Total Program Service Revenue | $616,844 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $781,844 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $210,000 |
| Compensation of current officers, directors, key employees. | $42,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $236,600 |
| Fees for services: Legal | $885 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,961 |
| Advertising and promotion | $1,060 |
| Office expenses | $121,073 |
| Information technology | $4,623 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $337 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $139,005 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,747 |
| All other expenses | $0 |
| Total functional expenses | $819,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,096 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $132,188 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,317 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $267,601 |
| Accounts payable and accrued expenses | $28,651 |
| Grants payable | $0 |
| Deferred revenue | $167,208 |
| 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 | $195,859 |
| Net assets without donor restrictions | $71,742 |
| Net assets with donor restrictions | $0 |
| 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 | $267,601 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Gridwise Alliance Inc has recieved totaling $70,000.
| Awarding Organization | Amount |
|---|---|
Energy Action Fund San Francisco, CA PURPOSE: TO SUPPORT CLEAN ENERGY POLICY ADVANCEMENT IN THE STATES. | $50,000 |
Electric Power Research Institute Inc Palo Alto, CA PURPOSE: CONTRIBUTION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |
Virginia Tech Applied Research Corporation Arlington, VA | $4,609,993 | $12,977,041 |
Biomedical Research Institute Rockville, MD | $13,124,832 | $4,727,292 |
Japan Electric Power Information Center Usa Washington, DC | $336,624 | $1,683,711 |
The Nasw Foundation Inc Washington, DC | $4,034,849 | $1,641,457 |
Family Online Safety Institute - Us Washington, DC | $1,091,464 | $1,647,196 |
Finreglab Inc Washington, DC | $442,962 | $1,161,009 |
Techfreedom Washington, DC | $682,336 | $1,262,524 |
The Gridwise Alliance Inc Washington, DC | $267,601 | $781,844 |
Dciia Retirement Research Center Washington, DC | $0 | $592,000 |
Interacademy Partnership Inc Washington, DC | $423,156 | $0 |
National Institute Of Innovation And Technology Inc Hanover, MD | $338,205 | $443,557 |