Ecority
Nonprofit profile at a glance
- EIN
- 920812171
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- San Antonio, TX, USA
- Phone
- 2104884068
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Urban, Community Economic Development
Reported finances
- Revenue
- $267,544
- Expenses
- $240,710
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- CHUCK PURVIS (DIRECTOR/FORMER INTERIM CEO)
People named in this filing
- P MATHEW VERGHESE (BOARD CHAIR)
- ROBERT VITRANO (VICE CHAIR)
- KIMBERLY LLEWELLYN (DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide financial assistance and other support to consumers, businesses, governments, and other community organizations throughout the united states and affiliated territories through efficient and effective financial products for facilitating the rapid deployment of clean energy and other environmentally beneficial projects.
What it reported doing in 2024
To provide financial assistance and other support to consumers, businesses, governments, and other community organizations throughout the united states and affiliated territories through efficient and effective financial products for facilitating the rapid deployment of clean energy and other environmentally beneficial projects. In the case of the ghgrf funding opportunities, our mission is focused on effectively and efficiently using grant funding awarded by epa to assist credit unions and other community lenders in providing financial assistance to consumers and businesses in local communities through loan guarantees and other financial products for the rapid deployment of clean energy projects that reduce greenhouse gas emissions and other air pollutants.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 37
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.3%; rating input score 88
- Program expense ratio: 98.2%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- 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 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 10.3% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 14.4% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: -68.3% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 88.3% of revenue deployed · 98.2% of spending went to programs
- Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $236K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- 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.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.