Civic Intelligence

Smartpower Connecticut Inc.

990 • Fiscal year 2019 • EIN 03-0375454

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 04, 2020

4075 Wilson Blvd 8th FloorArlington, VA 22203

(202) 674-7509

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

5.36x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

1.20x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

43rd percentile

0.7%

Higher net margin than 43% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

37th percentile

-3.7%

Faster asset growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-43%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$80,710

Down $3,121 (-3.7%) from 2018

Net Assets

Down

-$351,537

Down $487 (-0.1%) from 2018

Liabilities

Down

$432,247

Down $2,634 (-0.6%) from 2018

Revenue

Down

$359,873

Down $275,855 (-43%) from 2018

Expenses

Down

$357,312

Down $339,681 (-49%) from 2018

Net Income

Up

$2,561

Up $63,826 (+104%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500K-$1.0MAssets 2010: $571,133Liabilities 2010: $551,348Net Assets 2010: $19,7852010Assets 2011: $302,346Liabilities 2011: $135,113Net Assets 2011: $167,2332011Assets 2012: $311,958Liabilities 2012: $248,494Net Assets 2012: $63,4642012Assets 2013: $369,372Liabilities 2013: $322,424Net Assets 2013: $46,9482013Assets 2014: $217,778Liabilities 2014: $178,309Net Assets 2014: $39,4692014Assets 2015: $216,033Liabilities 2015: $222,982Net Assets 2015: -$6,9492015Assets 2016: $166,640Liabilities 2016: $252,818Net Assets 2016: -$86,1782016Assets 2017: $177,104Liabilities 2017: $466,888Net Assets 2017: -$289,7842017Assets 2018: $83,831Liabilities 2018: $434,881Net Assets 2018: -$351,0502018Assets 2019: $80,710Liabilities 2019: $432,247Net Assets 2019: -$351,5372019Assets 2020: $170,373Liabilities 2020: $433,020Net Assets 2020: -$262,6472020Assets 2021: $214,153Liabilities 2021: $520,428Net Assets 2021: -$306,2752021Assets 2022: $176,237Liabilities 2022: $886,765Net Assets 2022: -$710,5282022Assets 2023: $249,100Liabilities 2023: $371,419Net Assets 2023: -$122,3192023Assets 2024: $93,000Liabilities 2024: $112,000Net Assets 2024: -$19,0002024

Highlighted filing

2019

Assets$80,710
Liabilities$432,247
Net Assets-$351,537

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,879,0242010Expenses 2011: $1,770,7672011Expenses 2012: $1,242,9172012Revenue 2013: $1,269,223Expenses 2013: $1,088,115Net Income 2013: $181,1082013Revenue 2014: $1,403,247Expenses 2014: $1,410,726Net Income 2014: -$7,4792014Revenue 2015: $1,715,293Expenses 2015: $1,761,710Net Income 2015: -$46,4172015Revenue 2016: $1,434,346Expenses 2016: $1,513,575Net Income 2016: -$79,2292016Revenue 2017: $1,332,296Expenses 2017: $1,535,902Net Income 2017: -$203,6062017Revenue 2018: $635,728Expenses 2018: $696,993Net Income 2018: -$61,2652018Revenue 2019: $359,873Expenses 2019: $357,312Net Income 2019: $2,5612019Revenue 2020: $501,738Expenses 2020: $378,546Net Income 2020: $123,1922020Revenue 2021: $657,113Expenses 2021: $700,741Net Income 2021: -$43,6282021Revenue 2022: $466,715Expenses 2022: $870,968Net Income 2022: -$404,2532022Revenue 2023: $475,846Expenses 2023: $365,907Net Income 2023: $109,9392023Revenue 2024: $382,004Expenses 2024: $64,679Net Income 2024: $317,3252024

Highlighted filing

2019

Revenue$359,873
Expenses$357,312
Net Income$2,561
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 4, 2020
Return Version
2019v5.1
Gross Receipts
$361,004
Mission and Program Overview

Mission

To promote clean energy (energy from sources such as wind, solar and water) by using traditional and collaborative marketing techniques. Our public awareness and customer acquisition campaigns seek to build clean energy markets from state to state and across the nation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$187,000$283,437▲ $96,437
Land, Buildings, and Equipment, Net$41,500$25,865▼ $15,635
Cash and Non-Interest-Bearing Accounts$6,098$14,653▲ $8,555
Accounts Receivable-$3,882-
Prepaid Expenses and Deferred Charges-$2,021-
Total Assets$83,831$80,710▼ $3,121
Other Assets Total$36,233$34,289▼ $1,944
Liabilities
Accounts Payable and Accrued Expenses$171,720$139,369▼ $32,351
Other Liabilities$50,129$0▼ $50,129
Unsecured Notes Loans Payable$26,032$9,441▼ $16,591
Total Liabilities$434,881$432,247▼ $2,634
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-351,050$-351,537▼ $487
Total Net Assets Fund Balance$-351,050$-351,537▼ $487
Total Liabilities and Net Assets / Fund Balance$83,831$80,710▼ $3,121

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,865$84,683$110,548
Other Assets Org$34,289--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gary D SimonChairperson
Brian F KeanePresident
Antonia BouchardBoard Member
Douglas FoyBoard Member
Jamie HawthorneBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$19,627
Program Service Revenue
$341,377
Investment Income
$-1,131
Other Revenue
$0
All Other Contributions
$19,627
Change in Net Assets
$2,561
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$273,802
Salaries, Compensation, and Employee Benefits$83,510
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$201,242--$201,242
Other Salaries and Wages$71,424--$71,424
Depreciation Depletion$14,130--$14,130
Office Expenses$1,651$9,748-$11,399
Advertising$10,290--$10,290
Fees for Services Accounting-$10,030-$10,030
Payroll Taxes$9,267--$9,267
Occupancy$8,735--$8,735
Interest$5,696--$5,696
Fees for Services Legal-$5,539-$5,539
Travel$4,903--$4,903
Other Employee Benefits$2,819--$2,819
Insurance-$1,493-$1,493
Other Expenses$180--$180
Information Technology$165--$165
Total Functional Expenses$330,502$26,810$0$357,312
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Antonia BouchardBod Member/president of Wee GreenConsulting ServicesNo$21,541
Brian KeanePresident/ceo of Wee GreenConsulting ServicesNo$21,541

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$187,000$283,437▲ $96,437
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

The 990 is reviewed by the smartpower president prior to finalizing.

Form 990, Part VI, Section C, Line 19

All requests to view smartpower's governing documents, conflict of interest policies and/or financial statements are available by request to the director of finance.

Filing and Contact Details

Filer

Filer Name
Smart Power Inc
EIN
03-0375454
Phone
2026747509
Address
4075 WILSON BLVD 8TH FLOOR, ARLINGTON, VA 22203

Signing Officer

Name
Brian Keane
Title
President
Phone
2026747509
Signed
2020-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Keane
Formed
2001
Legal Domicile
Ct
Voting Board Members
4
Independent Board Members
3
Employees
1
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Patricia Mcgowan
Phone
9592007000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees: program service expenses 201,242. Management and general expenses 0. Fundraising expenses 0. Total expenses 201,242.

Form 990 Part XII Line 2C

Process has not changed from prior year.

Raw XML AppendixShowing 400 of 409 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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt084683
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0110548
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt034289
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM WEE GREEN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025865
IRS990ScheduleD/TotalBookValueOtherAssetsAmt034289
IRS990/ScheduleJRequiredInd00
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1BRIAN KEANE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOD MEMBER/PRESIDENT OF WEE GREEN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1PRESIDENT/CEO OF WEE GREEN
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt121541
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1CONSULTING SERVICES
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt159500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt295000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd20
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt182000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt295000
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1BOD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2BROTHER TO BRIAN KEANE/PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd20
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE SMARTPOWER PRESIDENT PRIOR TO FINALIZING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL REQUESTS TO VIEW SMARTPOWER'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND/OR FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST TO THE DIRECTOR OF FINANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER FEES: PROGRAM SERVICE EXPENSES 201,242. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 201,242.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt083831
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt01
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0357312
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IRS990/TotalProgramServiceRevenueAmt0341377
IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0341377
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0359873
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt04903
IRS990/TravelGrp/TotalAmt04903
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt026032
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt09441
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0ARLINGTON
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022203
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.SMARTPOWER.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN KEANE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02026747509
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SMART POWER INC
ReturnHeader/Filer/BusinessNameControlTxt0SMAR
ReturnHeader/Filer/EIN0030375454
ReturnHeader/Filer/PhoneNum02026747509
ReturnHeader/Filer/USAddress/AddressLine1Txt04075 WILSON BLVD 8TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0ARLINGTON
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.59.242.36
ReturnHeader/FilingSecurityInformation/IPDt02020-11-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm015:13:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221478099
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHNREZNICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0350 CHURCH STREET 12TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARTFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.09$0.11$0.02$0.38$0.06$0.32
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.37$0.12$0.48$0.37$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.18$0.89$0.71$0.47$0.87$0.40
2021Detailed filing. Detailed filing data is available for this year.$0.21$0.52$0.31$0.66$0.70$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.43$0.26$0.50$0.38$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.43$0.35$0.36$0.36$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.43$0.35$0.64$0.70$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.18$0.47$0.29$1.33$1.54$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.25$0.09$1.43$1.51$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.22$0.01$1.72$1.76$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.18$0.04$1.40$1.41$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.32$0.05$1.27$1.09$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.25$0.06$1.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.14$0.17$1.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.55$0.02$1.88