Center for Ecotechnology Inc

Overview

Mission

The Center for EcoTechnology helps people and businesses save energy and reduce waste. For more than 40 years, weve offered proven advice and resources to save you money, make you more comfortable at home, and help your business perform better.Working with partners throughout the region, were helping transform the way we live and work for a better community, economy, and environment now and for the future. We provide practical solutions that save energy, materials and money and have a positive impact on our environment and community. We serve residents, business and communities in the areas of energy efficiency and waste reduction.

What it reported doing in 2023

RESIDENTIAL - CET partners with government, industry and foundations to perform innovative pilot programs to help increase energy savings in homes, participation in these practices, and the health and economic benefits to participants. CET also provides energy efficiency services to existing single family homes for customers of utility companies. These services include energy audits with installation of energy efficient lighting and other savings measures as well as recommending, arranging and inspecting contracted insulation and air sealing work to save additional energy. CET also provides technical assistance to builders and homeowners to improve the environmental performance of new homes. Services include plan review, recommendations, inspection and verification, and assistance with participation in incentive and rating programs (Energy Star, LEED for Homes) and code compliance.

Operating model

Revenue model
Earned-program. 66% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
042611726
IRS 990 coverage
2011–2023
Forms available
Form 990 2023
Headquarters
Dalton, MA, USA
Phone
4134454556
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Energy Resources Conservation and Development

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 65
  • Accountability: 95
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.3%; rating input score 96
  • Program expense ratio: 85.7%; rating input score 86
  • Fundraising efficiency: $38 raised per $1 spent on fundraising; rating input score 71; 71st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.3%; rating input score 92; 25th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.4%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.51; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 5.8% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 1.2% per year; rating input score 100; 15th percentile among comparable filings

Details

  • Where the money goes: 96.3% of revenue deployed · 85.7% of spending went to programs
  • Governance: 12 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $10.4M in reported program spending
  • Leadership: top reported pay $156K · 18 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 13 annual filings from 2011 to 2023
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Leadership & pay

18 people listed

Highest reported compensation

  • ASHLEY MUSPRATT (President & CEO): $155,975 total reported compensation
  • LORENZO MACALUSO (CHIEF GROWTH OFF): $152,493 total reported compensation
  • CHRISTINA BICKSLER (CHIEF OP OFFICER): $148,467 total reported compensation

Source: IRS Form 990. Selected filing: FY2023.