Vineyard Energy Project Inc
Nonprofit profile at a glance
- EIN
- 020684218
- IRS 990-EZ coverage
- 2013–2021
- Forms available
- Form 990 2012, Form 990-EZ 2021
- Location
- Vineyard Haven, MA, USA
- Phone
- 5086933002
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Utilities
Reported finances
- Revenue
- $14,394
- Expenses
- $59,271
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Susan Wasserman (President)
People named in this filing
- Susan Wasserman (President)
- John Christensen (Treasurer/Clerk)
- Sue Hruby (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-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Vineyard Energy Project is dedicated to meeting the needs for greater energy knowledge on the island of Martha's Vineyard. Vineyard Energy Project is also focused on education, advocacy and developing community-based solutions to the energy crisis.
What it reported doing in 2021
Promotion, education and advocacy of renewable energy and solar panel installations.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 9
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.7%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -311.8%; rating input score 4; 4th 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: 52.9% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: -27.9% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -7.1% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $58K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 9 filing years from 2013 to 2021
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 4/100.
- 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.