Southwest Energy Efficiency Project
Nonprofit profile at a glance
- EIN
- 841593046
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Boulder, CO, USA
- Phone
- 3034470078
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Energy Resources Conservation and Development
Reported finances
- Revenue
- $3,107,827
- Expenses
- $2,828,336
- Assets
- $3,153,543
- Liabilities
- $230,313
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Highest reported compensation
- Elise Jones (Executive Dir.): $167,470 total reported compensation
- Matthew S Frommer (Sr Transport Assoc): $123,305 total reported compensation
- James E Meyers (Buildings Prog Dir): $114,345 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To ensure a healthy, equitable and low carbon future by promoting energy efficiency, electrification, and clean transportation in Colorado, Utah, Arizona, New Mexico, Nevada, and Wyoming by working on policy/program development, analysis and advocacy, evaluation of energy savings measures and efficiency potential, and documentation/analysis of ongoing projects.
What it reported doing in 2025
The southwest energy efficiency project (sweep) is a public-interest organization promoting energy efficiency, electrification, and clean transportation in Arizona, Colorado, Nevada, New Mexico, Utah, and Wyoming to reduce utility bills, improve air quality, reduce climate emissions, promote equity, and create clean energy jobs. Traditionally, this was a high-growth region where energy efficiency efforts were lagging compared to some other regions and emphasis was placed on energy production. Due in large part to the efforts of sweep, the region has made great strides in advancing energy efficiency over the past 23 years. Sweep focused initially on utility energy efficiency policy and programs.programs on buildings, industrial, and transportation efficiency and electrification were subsequently added. Sweep collaborates with businesses, utilities, state and local governments, environmental and consumer groups, advocates for lower income families and disproportionately-impacted communities, and other energy experts. Utility program: sweep promotes the expansion and improvement of utility energy efficiency programs in the southwest, including for underserved households and communities. We work on legislation to establish energy savings and decarbonization goals or requirements, and policies to allow utilities to benefit financially when they help their customers save energy. We advocate for just and equitable transition policies and funding to support communities impacted by closure of fossil-fuel energy facilities. We advise utilities as they design energy efficiency and building and transportation electrification programs and design rates to include demand response and better integrate increasing amounts of renewable energy onto the grid. We frequently appear before state public utility commissions. Buildings program: sweep supports the adoption of stronger building energy codes at the state and local level, including provisions to require pre-wiring for solar and electric vehicles and appliances or all-electric or net zero construction, as well as stronger code implementation and enforcement efforts. In addition, sweep promotes construction of new homes and commercial buildings that are more energy-efficient than minimum code requirements, including zero energy and all-electric buildings, as well as strategies for expanding retrofit of existing homes and commercial buildings to be more efficient and use electric space and water heating and appliances, especially in low income and underserved communities. Transportation program: sweep advances equitable and effective state and regional policies that will increase the fuel efficiency of new vehicles, promote the adoption of plug-in electric vehicles (evs), and reduce motor vehicle use (vehicle-miles traveled, or vmt). These policies include increased funding for ev charging infrastructure, state tax credits and utility incentives for ev purchases, increased funding for public transit systems including bus rapid transit, and policies to promote location-efficient and transit-supportive land use. Industrial program: sweep supports policies and programs to improve industrial and agricultural energy efficiency in the region. Sweep also leads an energy efficiency networking program for industries in Colorado. State and local assistance: sweep provides advice and technical assistance to help state and local governments in the region improve their energy efficiency, electrification, and clean transportation strategies, policies, and programs. We are frequently called upon to contribute to state and local energy or climate plans. Information exchange and communications: sweep provides fact sheets, news items, program summaries, case studies and research reports through its website, blogs, op-eds, and social media. Sweep also organizes regional workshops to foster exchange of information on state-of-the-art technologies, policies, and programs. Sweep works to increase media coverage of
Operating model
- Revenue model
- Donor-supported. 75% 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
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: 79
- Transparency & Controls: 71
- Accountability: 81
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.4%; rating input score 76
- Program expense ratio: 83.8%; rating input score 84
- Fundraising efficiency: $44.5 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 18th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- 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: 83.3%; rating input score 83; 17th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- 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%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 1.11; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 17.9%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 3.3% per year; rating input score 100; 25th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 22nd percentile among comparable filings
Details
- Where the money goes: 76.4% of revenue deployed · 83.8% of spending went to programs
- Governance: 10 of 12 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.4M in reported program spending
- Leadership: top reported pay $167K · 15 people listed · 2 of 6 pay-setting controls reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 4 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Sustainability: Operating margin scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 18/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.