Net Zero Energy Coalition Inc

Nonprofit profile at a glance

EIN
821685401
IRS 990-EZ coverage
2020–2021
Forms available
Form 990-EZ 2021, Form 990-N 2019
Location
Plymouth, MN, USA
Phone
9528811098
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Energy Resources Conservation and Development

Reported finances

Revenue
$27,968
Expenses
$58,303
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • FRANK BAKER (PRESIDENT)

People named in this filing

  • FRANK BAKER (PRESIDENT)
  • KARLA BUTTERFIELD (VICE PRESIDE)
  • AARON SMITH (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-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Team zero, formerly the net zero energy coalition, helps homeowners, builders, and industry professionals work towards a zero energy future.

What it reported doing in 2021

Team zero, formerly the net zero energy coalition, helps homeowners, builders, and industry professionals work towards a zero energy future. Team zero provides vital education and resources for everyone to learn about energy efficient homes and sustainable building practices. Team zero believe in the rapid adoption of zero energy and zero carbon solutions, and values job creation, accessible resources, collaboration, and innovation. This year, team zero has expanded its vital asset, the inventory of zero energy homes by launching an interactive, online version that homeowners and builders can update periodically. Team zero also produced a directory of zero energy home professionals that allows leaders in the green building industry to find and connect with one another. Team zero has strengthened its collaboration with partners, eeba and zero energy project. Team zero worked with eeba to launch the "better homes, better future" podcast. As stated in schedule n, the organization dissolved during 2021 and contributed the remaining assets to eeba, a similar organization.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 48% for direct work, and 52% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 82
  • Sustainability: 11
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 79.5%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -108.5%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -19.8% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: -96.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 79.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $46K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2020 to 2021
  • 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.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.