Energy Innovation Center
- Assets
- $301.6k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 47-3459829
Organization Overview
Energy Innovation Center is located in San Antonio, TX. The organization was established in 2015. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy Innovation Center 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 12/2023, Energy Innovation Center generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE ENERGY-SECTOR RESEARCH AND INNOVATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly M Britton CEO | 40 | $338,254 | |
Timothy Heinle Secretary | 1 | $0 | |
Paula Gold Williams Treasurer | 1 | $0 | |
Lauren Dean Board Director | 1 | $0 | |
Cris Eugster PHD Board Director | 1 | $0 | |
Amith Kota Board Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,100 |
| Interest on Savings | $13,694 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,058,719 |
| Total Revenue | $1,073,513 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $338,254 |
| Other employee salaries and wages | $486,020 |
| Pension plans, employee benefits | $97,427 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,341 |
| Occupancy | $6,145 |
| Travel, conferences, and meetings | $8,679 |
| Printing and publications | $0 |
| Other expenses | $46,422 |
| Total operating and administrative expenses | $1,468,272 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,468,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,934 |
| Savings and temporary cash investments | $233,640 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $301,574 |
| Accounts payable and accrued expenses | $4,016 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,016 |