Association for Demand Response & Smart Grid
Nonprofit profile at a glance
- EIN
- 200994899
- IRS 990 coverage
- 2010–2015
- Forms available
- Form 990 2015
- Location
- Washington, DC, USA
- Phone
- 2022961640
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Research Institutes and Public Policy Analysis
Reported finances
- Revenue
- $825,928
- Expenses
- $868,610
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- DAN DELUREY (EXECUTIVE DIRECTOR)
People named in this filing
- HOWARD SMITH (CHAIRMAN)
- CHRIS KING (VICE CHAIRMAN)
- FRANK LACEY (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To increase the knowledge base in
What it reported doing in 2015
Membership: annual or pro-rated memberships for members to benefit from discounts on ads events, meetings, newsletters and also advertising space.
Operating model
- Revenue model
- Earned-program. 99% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 70
- Accountability: 70
- Sustainability: 10
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.5%; rating input score 94
- Program expense ratio: 89%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Limited
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.2%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 4.5% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 93.5% of revenue deployed · 89% of spending went to programs
- Governance: 16 of 16 board members independent · 2 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $773K in reported program spending
- Leadership: top reported pay $0 · 16 people listed · 1 of 6 pay-setting controls reported
- Consistency: 18 of 18 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 5 filing years from 2010 to 2015
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Operating margin scored 22/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.