Civic Intelligence

Nextenergy Center

EIN 02-0648628 • 501(c)3 • Detroit, MI

Profile

To enable the commercialization of energy technologies that positively contribute to economic competitiveness, energy security, and the environment.

440 Burroughs St Suite 370Detroit, MI 48202

www.nextenergy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.65x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.96x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

26th percentile

-4.9%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

92nd percentile

55%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

28%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,817,443

Up $3,119,609 (+55%) from 2023

Liabilities

Up

$5,690,762

Up $3,373,690 (+146%) from 2023

Net Assets

Down

$3,126,681

Down $254,081 (-7.5%) from 2023

Revenue

Up

$5,925,997

Up $1,314,272 (+28%) from 2023

Expenses

Up

$6,213,987

Up $1,635,407 (+36%) from 2023

Net Income

Down

-$287,990

Down $321,135 (-969%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $21,056,621Liabilities 2011: $1,149,651Net Assets 2011: $19,906,9702011Assets 2012: $20,500,663Liabilities 2012: $902,751Net Assets 2012: $19,597,9122012Assets 2013: $20,234,354Liabilities 2013: $1,206,824Net Assets 2013: $19,027,5302013Assets 2014: $18,744,505Liabilities 2014: $1,602,766Net Assets 2014: $17,141,7392014Assets 2015: $16,294,288Liabilities 2015: $434,026Net Assets 2015: $15,860,2622015Assets 2016: $14,095,963Liabilities 2016: $105,329Net Assets 2016: $13,990,6342016Assets 2017: $12,236,521Liabilities 2017: $505,171Net Assets 2017: $11,731,3502017Assets 2018: $6,600,679Liabilities 2018: $382,107Net Assets 2018: $6,218,5722018Assets 2019: $5,617,948Liabilities 2019: $435,804Net Assets 2019: $5,182,1442019Assets 2020: $6,584,676Liabilities 2020: $2,473,436Net Assets 2020: $4,111,2402020Assets 2021: $5,413,697Liabilities 2021: $1,906,396Net Assets 2021: $3,507,3012021Assets 2022: $5,322,913Liabilities 2022: $1,985,816Net Assets 2022: $3,337,0972022Assets 2023: $5,697,834Liabilities 2023: $2,317,072Net Assets 2023: $3,380,7622023Assets 2024: $8,817,443Liabilities 2024: $5,690,762Net Assets 2024: $3,126,6812024

Highlighted filing

2024

Assets$8,817,443
Liabilities$5,690,762
Net Assets$3,126,681

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0M-$10MRevenue 2011: $5,265,400Expenses 2011: $7,194,643Net Income 2011: -$1,929,2432011Expenses 2012: $8,165,2252012Revenue 2013: $6,281,643Expenses 2013: $6,852,025Net Income 2013: -$570,3822013Revenue 2014: $5,688,559Expenses 2014: $7,574,350Net Income 2014: -$1,885,7912014Revenue 2015: $4,418,807Expenses 2015: $5,700,284Net Income 2015: -$1,281,4772015Revenue 2016: $3,032,794Expenses 2016: $4,902,422Net Income 2016: -$1,869,6282016Revenue 2017: $1,803,063Expenses 2017: $4,062,347Net Income 2017: -$2,259,2842017Revenue 2018: -$2,162,194Expenses 2018: $3,353,290Net Income 2018: -$5,515,4842018Revenue 2019: $1,092,414Expenses 2019: $2,169,366Net Income 2019: -$1,076,9522019Revenue 2020: $1,632,250Expenses 2020: $2,660,493Net Income 2020: -$1,028,2432020Revenue 2021: $1,211,953Expenses 2021: $1,801,915Net Income 2021: -$589,9622021Revenue 2022: $2,559,674Expenses 2022: $2,782,246Net Income 2022: -$222,5722022Revenue 2023: $4,611,725Expenses 2023: $4,578,580Net Income 2023: $33,1452023Revenue 2024: $5,925,997Expenses 2024: $6,213,987Net Income 2024: -$287,9902024

Highlighted filing

2024

Revenue$5,925,997
Expenses$6,213,987
Net Income-$287,990

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.82$5.69$3.13$5.93$6.21$0.29
2023Detailed filing. Detailed filing data is available for this year.$5.70$2.32$3.38$4.61$4.58$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.32$1.99$3.34$2.56$2.78$0.22
2021Detailed filing. Detailed filing data is available for this year.$5.41$1.91$3.51$1.21$1.80$0.59
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.58$2.47$4.11$1.63$2.66$1.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.62$0.44$5.18$1.09$2.17$1.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$0.38$6.22$2.16$3.35$5.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$0.51$11.7$1.80$4.06$2.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$0.11$14.0$3.03$4.90$1.87
2015Detailed filing. Detailed filing data is available for this year.$16.3$0.43$15.9$4.42$5.70$1.28
2014Detailed filing. Detailed filing data is available for this year.$18.7$1.60$17.1$5.69$7.57$1.89
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$20.2$1.21$19.0$6.28$6.85$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$0.90$19.6$8.17
2011Summary only. Only limited summary data is available for this year.$21.1$1.15$19.9$5.27$7.19$1.93
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2025
Return Version
2023v6.0
Gross Receipts
$5,925,997
Mission and Program Overview

Mission

To enable the commercialization of energy technologies that positivelycontribute to economic competitiveness, energy security, and the environment.

Nextenergy works with innovators to accelerate smarter, cleaner, more accessible communities and cities. Nextenergy is a convener, collaborator and service provider accelerating the development and growth of smart grid and smart mobility companies, technologies, and industries with an aim of creating more sustainable cities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,727,652$4,447,225▲ $2,719,573
Accounts Receivable$1,988,772$2,299,693▲ $310,921
Savings and Temporary Cash Investments$927,281$857,616▼ $69,665
Investments in Publicly Traded Securities$454,620$483,385▲ $28,765
Land, Buildings, and Equipment, Net$163,051$29,553▼ $133,498
Prepaid Expenses and Deferred Charges$14,250$6,491▼ $7,759
Total Assets$5,697,834$8,817,443▲ $3,119,609
Other Assets Total$422,208$693,480▲ $271,272
Liabilities
Accounts Payable and Accrued Expenses$2,147,993$5,557,668▲ $3,409,675
Other Liabilities$169,079$133,094▼ $35,985
Total Liabilities$2,317,072$5,690,762▲ $3,373,690
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,380,762$3,126,681▼ $254,081
Total Net Assets Fund Balance$3,380,762$3,126,681▼ $254,081
Total Liabilities and Net Assets / Fund Balance$5,697,834$8,817,443▲ $3,119,609

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,553$803,789$833,342
Other Assets Org$129,710--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James SaberPresident & CEOFT$228,959$24,362$253,321
William SiddallChief Operating OfficerFT$133,723$11,231$144,954

Board Members and Trustees

NameTitle
Lizabeth ArdisanaBoard Chair
Eric ShrefflerDirector
John Hale IiiDirector
Kellee ChristensenDirector
Marco BruzzanoDirector
Ned StaeblerDirector
Rick SpinaDirector
Rob StevensDirector
Steven HilfingerSecretary-treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Public Sector ConsultantsWebsite Maintenace & Support, Newsletter230 N WASHINGTON SQUARE SUITE 300, Lansing, MI 48933, Ca$287,393
Testnet Canada INCHydrogen Gas Hose Testing-$145,420
Revenue and Support

Revenue Composition

Contributions and Grants
$5,892,156
Program Service Revenue
$0
Investment Income
$25,191
Other Revenue
$8,650
Change in Net Assets
$-287,990

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,925,997
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$33,909
Total Revenue per Audited Statements
$5,959,906
Total Revenue per Form 990
$5,925,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,249,684
Other Expenses$1,511,784
Salaries, Compensation, and Employee Benefits$1,452,519
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,217,538--$3,217,538
Other Salaries and Wages$705,669$265,126-$970,795
Occupancy$329,689$14,505-$344,194
Current Officers, Directors, Trustees, and Key Employees$193,165$60,156-$253,321
All Other Expenses$134,000$86,195-$220,195
Depreciation Depletion$103,089$30,408-$133,497
Other Employee Benefits$138,961$-10,230-$128,731
Advertising$98,323$8,594-$106,917
Payroll Taxes$76,969$22,703-$99,672
Fees for Services Accounting$61,173$18,044-$79,217
Fees for Services Legal$60,951$17,979-$78,930
Fees for Services Lobbying$46,333$13,667-$60,000
Insurance$32,894$9,703-$42,597
Travel$16,390$21,633-$38,023
Office Expenses$27,217$8,148-$35,365
Foreign Grants$32,146--$32,146
Conferences and Meetings$6,369$1,479-$7,848
Information Technology$5,168$1,524-$6,692
Other Expenses$324,243$66-$66
Total Functional Expenses$5,610,287$603,700$0$6,213,987

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,213,987
Total Expenses per Audited Statements$6,213,987
Total Expenses per Form 990$6,213,987
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Regents of the University of MichiganPittsburgh, PAGovtTo Support Technology Demonstrations in the United States.$453,225
Kettering UniversityFlint, MIOtherTo Support Technology Demonstrations in the United States.$345,270
Civilized CyclesBrooklyn, NYOtherTo Support Technology Demonstrations in the United States.$227,604
Adastec CorpEast Lansing, MIOtherTo Support Technology Demonstrations in the United States.$190,800
Voltaic Marine IncBeaverton, OROtherTo Support Technology Demonstrations in the United States.$138,118
HyfiAnn Arbor, MIOtherTo Support Technology Demonstrations in the United States.$123,072
IntramotevSt Louis, MOOtherTo Support Technology Demonstrations in the United States.$120,000
Orange Sparkle Ball IncAtlanta, GAOtherTo Support Technology Demonstrations in the United States.$115,116
BrandmotionNovi, MIOtherTo Support Technology Demonstrations in the United States.$106,785
Grounded Rvs IncDetroit, MIOtherTo Support Technology Demonstrations in the United States.$105,384
Michigan Technological UniversityHoughton, MIOtherTo Support Technology Demonstrations in the United States.$102,635
City of MarquetteMarquette, MIGovtTo Support Technology Demonstrations in the United States.$93,015
WorkhorseSharonville, OHOtherTo Support Technology Demonstrations in the United States.$93,000
Joule Labs IncSan Jose, CAOtherTo Support Technology Demonstrations in the United States.$65,609
IT'S ELECTRIC INCBrooklyn, MIOtherTo Support Technology Demonstrations in the United States.$64,250
Sway Mobility IncShaker Heights, OHOtherTo Support Technology Demonstrations in the United States.$56,444
Elevated ParkingDetroit, MIOtherTo Support Technology Demonstrations in the United States.$53,675
Lilypad Labs IncHolland, MIOtherTo Support Technology Demonstrations in the United States.$51,724
Meili TechnologiesBrooklyn, NYOtherTo Support Technology Demonstrations in the United States.$50,000
NuminaBrooklyn, NYOtherTo Support Technology Demonstrations in the United States.$49,420
Mitsubishi ElectricNorthville, MIOtherTo Support Technology Demonstrations in the United States.$47,615
Kerb-e IncSanta Monica, CAOtherTo Support Technology Demonstrations in the United States.$33,800
Autowed LLCColumbus, INOtherTo Support Technology Demonstrations in the United States.$33,755
Just Air SolutionsDetroit, MIOtherTo Support Technology Demonstrations in the United States.$32,000
Chargeway IncPortland, OROtherTo Support Technology Demonstrations in the United States.$30,629
Gekot IncBloomfield Twp, MIOtherTo Support Technology Demonstrations in the United States.$27,200
City of DetroitDetroit, MIGovtTo Support Technology Demonstrations in the United States.$27,000
Aqua Super PowerWilmington, DEOtherTo Support Technology Demonstrations in the United States.$25,255
Adaptable Powerful Transformative Solar Solutions LLCAnn Arbor, MIOtherTo Support Technology Demonstrations in the United States.$21,500
Volta ChargingSan Francisco, CAOtherTo Support Technology Demonstrations in the United States.$20,375
Arc Boat CompanySan Francisco, CAOtherTo Support Technology Demonstrations in the United States.$20,000
Kuhmute IncWilmington, DEOtherTo Support Technology Demonstrations in the United States.$17,575
Revision AutonomyKalamazoo, MIOtherTo Support Technology Demonstrations in the United States.$16,000
Grid Link Holdings IncChicago, ILOtherTo Support Technology Demonstrations in the United States.$15,300
American Center for MobilityAnn Arbor, MI501c3To Support Technology Demonstrations in the United States.$15,025
Spanio IncSan Francisco, CAOtherTo Support Technology Demonstrations in the United States.$14,919
Fleet LabAnn Arbor, MIOtherTo Support Technology Demonstrations in the United States.$8,500
Keweenaw Mountain LodgeCooper Harbor, MIOtherTo Support Technology Demonstrations in the United States.$8,000
Hercules Electric Mobility IncNovi, MIOtherTo Support Technology Demonstrations in the United States.$7,500
Hiper Fiber LLCTaylor, MIOtherTo Support Technology Demonstrations in the United States.$6,667

International Summary

Offices
0
Employees
0
Spending
$32,146

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)GrantsSee Part V00$32,146
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$133,094
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is first reviewed by the ceo. After satisfactory review by management, the form 990 is given to the board audit & finance committee to conduct a review. Upon satisfactory review by the finance committee, the final 990 is provided to each director.

Form 990, Part VI, Section B, Line 12C

A. Each director, officer and employee is provided with and asked to review a copy of this policy and to acknowledge in writing that he or she has done so. B. Annually each director, officer and employee completes a disclosure form identifying any relationships, positions or circumstances in which he or she is involved that he or she believes could contribute to a conflict of interest. Such relationships, positions or circumstances might include service as a director or of consultant to another nonprofit organization, or ownership of a business that might provide goods or services to nextenergy. Any such information regarding the business interests of a director, officer, employee or volunteer, or a family member thereof, shall be treated as confidential and shall generally be made available only to the chair, the president, and any committee appointed to address conflicts of interest, except to the extent additional disclosure is necessary in connection with the implementation of this policy. C. This policy is reviewed annually by each member of the board of directors. Any changes to the policy shall be communicated to all directors, officers and employees.

Form 990, Part VI, Section B, Line 15

An annual review of ceo compensation is performed by the nomination & compensation committee. They provide written recommendations for compensation based on annual salary surveys reviewed. An annual review of compensation of officers and key employees is performed by executive staff. They review industry specific salary surveys and provide written recommendations for compensation.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Nextenergy Center
EIN
02-0648628
Phone
3138330100
Address
440 BURROUGHS ST SUITE 370, DETROIT, MI 48202

Signing Officer

Name
James Saber
Title
President & CEO
Phone
3138330100
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Saber
Formed
2002
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
15
Volunteers
9

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
1000 TOWN CENTER STE 2700, SOUTHFIELD, MI 48075
Preparer
Troy Marine CPA
Phone
2483727300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

Nextenergy has received notification that it qualifies as a tax-exempt organization under section 501(c)(3) of the u.s. Internal revenue code and corresponding provisions of state law and, accordingly, is not subject to federal or state income taxes on related income. Nextenergy follows guidelines included in standards relating to the accounting for uncertainty in income taxes. The tax effects from an uncertain tax position can be recognized in the financial statements, only if the position is more likely than not to be sustained on audit, based on the technical merits of the position. Nextenergy recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized, upon ultimate settlement with the relevant tax authority.

Raw XML AppendixShowing 400 of 1,008 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm4KELLEE CHRISTENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm5MARCO BRUZZANO
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IRS990/Form990PartVIISectionAGrp/PersonNm7RICK SPINA
IRS990/Form990PartVIISectionAGrp/PersonNm8ROB STEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES SABER
IRS990/Form990PartVIISectionAGrp/PersonNm10WILLIAM SIDDALL
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF OPERATING OFFICER
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IRS990/ProgSrvcAccomActy3Grp/Desc0DEMONSTRATION CENTER - TO MAINTAIN A FACILITY WHICH WILL PROVIDE TESTING, DEMONSTRATION AND VALIDATION CONSULTING SERVICES FOR EMERGING SMART GRID AND SMART MOBILITY TECHNOLOGIES.
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0COMMUNICATING WITH PUBLIC OFFICIALS REGARDING LEGISLATIVE AND ADMINISTRATIVE MATTERS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2129710
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN SUBSIDIARY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RELATED PARTY RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OPERATING LEASE RIGHT-OF-USE ASSET

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