Central Coast Energy Services Inc

Nonprofit profile at a glance

EIN
651190535
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Watsonville, CA, USA
Phone
8317617080
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
In-Home Assistance

Official website

Reported finances

Revenue
$14,559,978
Expenses
$13,730,054
Assets
$6,614,898
Liabilities
$2,765,280

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • DENNIS OSMER (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • DENNIS OSMER (CHIEF EXECUTIVE OFFICER): $310,911 total reported compensation
  • CHRISTOPHER JOHNSON (LEAD SOFTWARE ARCHITECT): $209,773 total reported compensation
  • PATRICE JACKSON-RODUNER (CHIEF FINANCIAL OFFICER): $203,318 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of central coast energy services, inc. ("cces") is to improve household safety, health, and economic security within communities in California. We provide energy conservation, consumer education & advocacy, home improvement, utility assistance, job training, work force development, and other services to people in need. We promote an environment of safety, hard work, teamwork, and high quality services.

What it reported doing in 2024

The agency administers the portable battery pilot program for pacific gas and electric (pg&e) company to provide relief to low-income households during public safety power shutoffs. A public safety power shutoff, also called a psps, occurs in response to severe weather conditions. Pg&e turns off power to help prevent wildfires. The agency provides solar batteries to low-income households to power life sustaining devices during a psps event. The agency contracted with pg&e to support marketing, education, and outreach efforts for multiple programs targeting "hard to reach" populations, as well as local and tribal governments and community based organization across the service area. Specifically, the agency performs marketing and outreach for the California alternate rates and energy (care), family electric rate assistance (fera), and other energy service assistance programs.

Operating model

Revenue model
Grant-funded. 85% of the money available for current operations came from government grants.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 84
  • Accountability: 95
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.6%; rating input score 81
  • Program expense ratio: 85.5%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: 5.7%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.42; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 9.7%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 12.8% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 13.8% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 17% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 80.6% of revenue deployed · 85.5% of spending went to programs
  • Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $11.7M in reported program spending
  • Leadership: top reported pay $311K · 16 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $518K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.