Evhybridnoire Inc

What it reported doing in 2024

Evhybridnoire is the nation's largest network of diverse ev drivers and enthusiasts. We have over 7,500 members with close to 30 chapters across the united states, canada, europe, africa, asia, and the caribbean. During the last year, we grew our membership by 20%. We also have several thousand additional members who prefer not to be active on social media. During 2024, we received 56 media hits and provided thought leadership at 80+ scientific panels / presentations. We worked across the federal administration to inform their strategic priorities and to accelerate equitable, multimodal clean transportation and clean energy initiatives. Our team also facilitates workforce and economic development programs via our flagship e-mobility fellowship program where we currently engage with over 20 institutions of higher education from around the country reaching a cohort of about 50 students per cohort / per year. The students receive training from not only our team but also additional subject matter experts in the ev/av sector, preparing them for career opportunities in this field. Our goal is to create a direct career pipeline for young professionals who are interested in working in the e-mobility sector. Our team and members provided our expertise to the following agencies and organizations including the epa, departments of transportation and energy, the white house, the congressional black caucus annual legislative conference, the congressional hispanic caucus annual legislative conference, and the house of representatives and senate. Our work spans many aspects of e-mobility and equity, including climate justice, workforce development, public health, multimodal mobility, and creative financing of e-mobility solutions. Tactically, our work involves the following: 1) grassroots outreach: we engage communities impacted worst and first by climate change and air pollution to raise awareness of e-mobility's benefits; 2) decision-maker education: we meet with elected officials and regulators, to ensure they are aware of the diverse support for e-mobility solutions, and that e-mobility policies incorporate elements of diversity equity, and are inclusive; 3) media outreach & marketing campaigns: via op-eds and earned media coverage, our story can strengthen narratives about the broad appeal of evs; 4) speaking engagements & opinion leader events: our team are sought-after thought leaders in e-mobility and environmental equity who are invited to speak at over 80+ events every year, and we also work with partners to set up in person and online events of our own, and; 5) research: our extensive research documents the public health impacts of air pollution and explores which e-mobility options make the most sense for local communities.

Financial Efficiency

• Mission deployment rate: 85%; rating input score 85
• Program expense ratio: 73.2%; rating input score 73
• Fundraising efficiency: $10.8 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 3 of 8 controls in place; rating input score 43
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Limited
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -15.9%; rating input score 9; 9th percentile among comparable filings
• Total-asset coverage ratio: 0.71; rating input score 26; 26th percentile among comparable filings
• Liabilities to assets ratio: 0.06; rating input score 68; 68th percentile among comparable filings
• Officer compensation ratio: 12%; rating input score 24; 24th percentile among comparable filings

Growth

• Program expense growth: 35.7% per year; rating input score 100; 94th percentile among comparable filings
• Revenue growth: 32.1% per year; rating input score 100; 95th percentile among comparable filings
• Asset growth: 31.5% per year; rating input score 100; 94th percentile among comparable filings