Energy Outreach Colorado

What it reported doing in 2024

The crisis internvention program is funded by the Colorado low-income energy assistance program and provides eligible households with emergency furnace repair and replacement services to ensure families have adequate access to heat. The nonprofit energy assistance program (neep) provides long term solutions and energy efficiency upgrades in nonprofit facilities to reduce energy use and lower energy bills. Current funders include the city of denver, state of Colorado, and xcel energy; funds are restricted. Advocacy and commission is setup to advocate for the energy needs of low- income Colorado residents. Low income energy assistance payments were made to the Colorado department of human services to be used in their leap program that provides benefits to low-income individuals to pay energy bills. Energy outreach Colorado conducts education and outreach programs to the public. Specifically, the nffn/nliec program targes low-income advocacy nationally and through the national fuel funds network (nffn)and the national low income energy consortium (nliec). The objective of the central 70 program is to reduce noice and dust related to the i70 construction project. 251 homes received services from energy outreach. Addtionally, energy outreach completed emergency safety repairs on one-third of the homes immediately during the home assessments. Each participating home received an energy assessment, complete installation of every home improvement, and a final inspection all at no cost to residents.

Financial Efficiency

• Mission deployment rate: 86.7%; rating input score 87
• Program expense ratio: 94.9%; rating input score 95
• Fundraising efficiency: $61.23 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 28th 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: 99%; rating input score 99; 37th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 77th 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: 9.5%; rating input score 71; 71st percentile among comparable filings
• Total-asset coverage ratio: 0.66; rating input score 25; 25th percentile among comparable filings
• Liabilities to assets ratio: 0.18; rating input score 71; 71st percentile among comparable filings
• Officer compensation ratio: 1.8%; rating input score 60; 60th percentile among comparable filings

Growth

• Program expense growth: 13.8% per year; rating input score 100; 85th percentile among comparable filings
• Revenue growth: 14.8% per year; rating input score 100; 88th percentile among comparable filings
• Asset growth: 7.8% per year; rating input score 100; 58th percentile among comparable filings