Civic Intelligence

Poweroptions Inc

990 • Fiscal year 2020 • EIN 22-3041893

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 19, 2020

129 South Street 5th FloorBoston, MA 02111

(617) 737-8480

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.11x

Higher debt load relative to assets than 43% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.26x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

40th percentile

0.8%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

91st percentile

$358,622

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

37th percentile

2.0%

Faster asset growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-7.3%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$7,129,167

Up $137,092 (+2.0%) from 2019

Net Assets

Up

$6,327,595

Up $255,337 (+4.2%) from 2019

Liabilities

Down

$801,572

Down $118,245 (-13%) from 2019

Revenue

Down

$3,114,285

Down $246,909 (-7.3%) from 2019

Expenses

Down

$3,088,345

Down $100,743 (-3.2%) from 2019

Net Income

Down

$25,940

Down $146,166 (-85%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $1,988,698Liabilities 2011: $342,087Net Assets 2011: $1,646,6112011Assets 2012: $2,188,510Liabilities 2012: $400,719Net Assets 2012: $1,787,7912012Assets 2013: $2,490,642Liabilities 2013: $369,167Net Assets 2013: $2,121,4752013Assets 2014: $2,670,832Liabilities 2014: $421,510Net Assets 2014: $2,249,3222014Assets 2015: $3,938,801Liabilities 2015: $514,772Net Assets 2015: $3,424,0292015Assets 2016: $4,907,534Liabilities 2016: $576,228Net Assets 2016: $4,331,3062016Assets 2017: $6,325,026Liabilities 2017: $644,783Net Assets 2017: $5,680,2432017Assets 2018: $6,734,691Liabilities 2018: $1,002,761Net Assets 2018: $5,731,9302018Assets 2019: $6,992,075Liabilities 2019: $919,817Net Assets 2019: $6,072,2582019Assets 2020: $7,129,167Liabilities 2020: $801,572Net Assets 2020: $6,327,5952020Assets 2021: $8,674,578Liabilities 2021: $783,641Net Assets 2021: $7,890,9372021Assets 2022: $7,567,467Liabilities 2022: $798,393Net Assets 2022: $6,769,0742022Assets 2023: $8,290,776Liabilities 2023: $979,935Net Assets 2023: $7,310,8412023Assets 2024: $9,756,577Liabilities 2024: $1,336,817Net Assets 2024: $8,419,7602024Assets 2025: $11,088,678Liabilities 2025: $2,153,942Net Assets 2025: $8,934,7362025

Highlighted filing

2020

Assets$7,129,167
Liabilities$801,572
Net Assets$6,327,595

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,481,2702011Expenses 2012: $1,702,7182012Expenses 2013: $1,684,3392013Revenue 2014: $2,108,245Expenses 2014: $1,980,398Net Income 2014: $127,8472014Revenue 2015: $3,139,003Expenses 2015: $1,936,994Net Income 2015: $1,202,0092015Revenue 2016: $3,162,557Expenses 2016: $2,411,340Net Income 2016: $751,2172016Revenue 2017: $3,922,329Expenses 2017: $2,884,973Net Income 2017: $1,037,3562017Revenue 2018: $3,376,978Expenses 2018: $3,506,819Net Income 2018: -$129,8412018Revenue 2019: $3,361,194Expenses 2019: $3,189,088Net Income 2019: $172,1062019Revenue 2020: $3,114,285Expenses 2020: $3,088,345Net Income 2020: $25,9402020Revenue 2021: $3,347,845Expenses 2021: $2,632,752Net Income 2021: $715,0932021Revenue 2022: $2,891,389Expenses 2022: $2,885,595Net Income 2022: $5,7942022Revenue 2023: $3,789,504Expenses 2023: $3,674,773Net Income 2023: $114,7312023Revenue 2024: $5,160,023Expenses 2024: $4,746,997Net Income 2024: $413,0262024Revenue 2025: $6,458,794Expenses 2025: $6,303,275Net Income 2025: $155,5192025

Highlighted filing

2020

Revenue$3,114,285
Expenses$3,088,345
Net Income$25,940
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 19, 2020
Return Version
2019v5.1
Gross Receipts
$5,458,096
Mission and Program Overview

Mission

The mission of poweroptions is to empower non-profits and public entities with solutions to reduce the cost, carbon, and complexity of energy. It leverages its large non-profit membership to secure favorable pricing terms and conditions for energy and also offers energy related services in the competitive market. In doing so, poweroptions helps its members save money that can be deployed in the furtherance of the missions of the individual non-profit organizations in the consortium.

Poweroptions is a non-profit energy buying consortium for non-profits, cities, towns and government agencies throughout the commonwealth of massachusetts as well as connecticut and rhode island. It provides more than 400 members with pre-negotiated terms and conditions for electricity, natural gas supply and solar power, which have been competitvely procured on behalf of the consortium.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,329,163$6,440,001▲ $110,838
Cash and Non-Interest-Bearing Accounts$433,386$438,414▲ $5,028
Accounts Receivable$110,405$156,858▲ $46,453
Savings and Temporary Cash Investments$29,511$29,570▲ $59
Land, Buildings, and Equipment, Net$30,526$19,362▼ $11,164
Prepaid Expenses and Deferred Charges$29,528$15,406▼ $14,122
Total Assets$6,992,075$7,129,167▲ $137,092
Other Assets Total$29,556$29,556→ $0
Liabilities
Accounts Payable and Accrued Expenses$557,330$410,509▼ $146,821
Deferred Revenue$362,487$391,063▲ $28,576
Total Liabilities$919,817$801,572▼ $118,245
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,072,258$6,327,595▲ $255,337
Total Net Assets Fund Balance$6,072,258$6,327,595▲ $255,337
Total Liabilities and Net Assets / Fund Balance$6,992,075$7,129,167▲ $137,092

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,362$134,733$154,095
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cynthia ArcatePresident and CEOFT$261,202$97,420$358,622
Margaret LusardiExecutive Vice PresidentFT$196,715$61,433$258,148
Liam SullivanVice President of MarketingFT$137,496$44,633$182,129
Rita a Moran GreimanBusiness Development ManagFT$128,341$28,890$157,231
Kristen a PatneaudeDirector of InnovationFT$118,393$30,637$149,030

Board Members and Trustees

NameTitle
Janet Gail BesserChair
Christine SchusterPresident and CEO (resigned June 20)
John CochraneVice Chair & Treasurer
John DicksonVice Chair and Treasurer (resigned June 20)
Barbara Kates-garnickTrustee
Frederick KleinTrustee
Moumita PurkayasthaTrustee
Patricia BegrowiczTrustee
Thomas E RogersTrustee
Tina BennettTrustee
Emily ReichertTrustee (resigned Feb 20)
Robert Ruddock EsqSecretary & Clerk

Highest Paid Contractors

ContractorServicesLocationCompensation
Howell Energy Consulting LLCEnergy Consultant494 FERN STREET, West Hartford, CT 06107$132,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,886,066
Investment Income
$228,219
Other Revenue
$0
Change in Net Assets
$25,940

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,067,566
Revenue Not Reported on Financial Statements
$46,719
Revenue Not Reported on Form 990
$229,397
Total Revenue per Audited Statements
$3,296,963
Total Revenue per Form 990
$3,114,285
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,737,060
Other Expenses$1,351,285
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$808,962$89,885-$898,847
Other Salaries and Wages$514,448$57,161-$571,609
Fees for Services Other$214,538$216,596-$431,134
Advertising$213,532--$213,532
Occupancy$187,371$20,819-$208,190
Fees for Services Legal$103,906$25,977-$129,883
Other Employee Benefits$104,912$11,769-$116,681
Fees for Services Accounting-$101,859-$101,859
Payroll Taxes$83,876$9,320-$93,196
Fees for Services Lobbying$57,500--$57,500
Pension Plan Contributions$51,055$5,672-$56,727
Fees for Service Investment Mgmnt Fees-$46,719-$46,719
Information Technology$37,976$4,220-$42,196
Other Expenses$34,611$3,999-$38,610
Travel$36,178--$36,178
Insurance$2,511$22,602-$25,113
Depreciation Depletion$10,048$1,116-$11,164
Office Expenses$8,286$921-$9,207
Total Functional Expenses$2,469,710$618,635$0$3,088,345

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,088,345
Expenses per Audited Statements$3,041,626
Total Expenses per Audited Statements$3,041,626
Expenses Not Reported on Financial Statements$46,719
Expenses Not Reported on Form 990$0
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
In-house lobbying only
No
Subject to proxy tax
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990, part vi, line 11 - form 990 review process - the form 990 is reviewed and approved by the audit committee and is distributed to the board prior to filing.

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

Form 990, part vi, line 12c - conflict of interest policy - trustees, officers and employees are required to complete and return an annual conflict disclosure questionnaire distributed by poweroptions and maintained in the organization's records.

Form 990, Part VI, Section B, Line 15

Form 990, part vi, line 15 - executive compensation - the compensation committee of the board has the responsibility for reviewing and making recommendations to the board for the compensation of officers of the organization. Compensation is reviewed periodically. A salary survey is conducted by an independent third-party firm that uses a proprietary job evaluation model

Form 990, Part VI, Section C, Line 19

Form 990, part vi, line 19 - public availability of organization documents - all documents are available upon request within the timeframes as required.

Filing and Contact Details

Filer

Filer Name
Poweroptions Inc
EIN
22-3041893
Phone
6177378480
Address
129 SOUTH STREET 5TH FLOOR, BOSTON, MA 02111

Signing Officer

Name
Heather Takle
Title
President and CEO
Phone
6177378480
Signed
2020-11-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Takle
Formed
1989
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
13
Volunteers
8

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
David Kelleher CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees : program service expenses 214,538. Management and general expenses 216,596. Fundraising expenses 0. Total expenses 431,134.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Poweroptions accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statements regarding a tax position taken or expected to be taken in a tax return. Poweroptions has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at june 30, 2020. Poweroptions' information returns are subject to examination by the federal and state jurisdictions.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt3BUSINESS DEVELOPMENT MANAG
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF INNOVATION
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT AND CEO (RESIGNED JUNE 20)
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR AND TREASURER (RESIGNED JUNE 20)
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIR & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY & CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE (RESIGNED FEB 20)
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt097575
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02441386
IRS990/GrossReceiptsAmt05458096
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04220
IRS990/InformationTechnologyGrp/ProgramServicesAmt037976
IRS990/InformationTechnologyGrp/TotalAmt042196
IRS990/InsuranceGrp/ManagementAndGeneralAmt022602
IRS990/InsuranceGrp/ProgramServicesAmt02511
IRS990/InsuranceGrp/TotalAmt025113
IRS990/InvestmentIncomeGrp/ExclusionAmt0130644
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0130644
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06329163
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06440001
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0134733
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030526
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019362
IRS990/LandBldgEquipCostOrOtherBssAmt0154095
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02343811
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF POWEROPTIONS IS TO USE THE LEVERAGE OF ITS LARGE NON-PROFIT MEMBERSHIP TO SECURE FAVORABLE PRICING TERMS AND CONDITIONS FOR ENERGY AND ENERGY RELATED SERVICES IN THE COMPETITIVE MARKET. IN DOING SO, POWEROPTIONS HELPS ITS MEMBERS SAVE MONEY THAT CAN BE DEPLOYED IN THE FURTHERANCE OF THE MISSIONS OF THE INDIVIDUAL NON-PROFIT ORGANIZATIONS IN THE CONSORTIUM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06072258
IRS990/NetAssetsOrFundBalancesEOYAmt06327595
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt097575
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt097575
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0229397
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06072258
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06327595
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt020819
IRS990/OccupancyGrp/ProgramServicesAmt0187371
IRS990/OccupancyGrp/TotalAmt0208190
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0921
IRS990/OfficeExpensesGrp/ProgramServicesAmt08286
IRS990/OfficeExpensesGrp/TotalAmt09207
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt029556
IRS990/OtherAssetsTotalGrp/EOYAmt029556
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011769
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0104912
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0116681
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03999
IRS990/OtherExpensesGrp/ProgramServicesAmt034611
IRS990/OtherExpensesGrp/TotalAmt038610
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt057161
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0514448
IRS990/OtherSalariesAndWagesGrp/TotalAmt0571609
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09320
IRS990/PayrollTaxesGrp/ProgramServicesAmt083876
IRS990/PayrollTaxesGrp/TotalAmt093196
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05672
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt051055
IRS990/PensionPlanContributionsGrp/TotalAmt056727
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029528
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015406
IRS990/PrincipalOfficerNm0HEATHER TAKLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1211110
IRS990/ProgramServiceRevenueGrp/Desc0ENERGY SUPPLIER CONTRACT FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM PARTICIPATION FEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02671403
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1214663
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02671403
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1214663
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0377322
IRS990/PYOtherExpensesAmt01492282
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02983872
IRS990/PYRevenuesLessExpensesAmt0172106
IRS990/PYSalariesCompEmpBnftPaidAmt01696806
IRS990/PYTotalExpensesAmt03189088
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03361194
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt025940
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02886066
IRS990/SavingsAndTempCashInvstGrp/BOYAmt029511
IRS990/SavingsAndTempCashInvstGrp/EOYAmt029570
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt019362
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0134733
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0154095
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt046719
IRS990ScheduleD/ExpensesSubtotalAmt03041626
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt046719
IRS990ScheduleD/InvestmentExpensesNotIncldAmt046719
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0229397
IRS990ScheduleD/RevenueNotReportedAmt0229397
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt046719
IRS990ScheduleD/RevenueSubtotalAmt03067566
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0POWEROPTIONS ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. POWEROPTIONS HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2020. POWEROPTIONS' INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019362
IRS990ScheduleD/TotalExpensesPerForm990Amt03088345
IRS990ScheduleD/TotalRevenuePerForm990Amt03114285
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03296963
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03041626
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0261202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1196715
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2137496
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3128341
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount053427
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount130094
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount211591
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount311588
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.1$2.15$8.93$6.46$6.30$0.16
2024Detailed filing. Detailed filing data is available for this year.$9.76$1.34$8.42$5.16$4.75$0.41
2023Detailed filing. Detailed filing data is available for this year.$8.29$0.98$7.31$3.79$3.67$0.11
2022Detailed filing. Detailed filing data is available for this year.$7.57$0.80$6.77$2.89$2.89$0.01
2021Detailed filing. Detailed filing data is available for this year.$8.67$0.78$7.89$3.35$2.63$0.72
2020Detailed filing. Detailed filing data is available for this year.$7.13$0.80$6.33$3.11$3.09$0.03
2019Detailed filing. Detailed filing data is available for this year.$6.99$0.92$6.07$3.36$3.19$0.17
2018Detailed filing. Detailed filing data is available for this year.$6.73$1.00$5.73$3.38$3.51$0.13
2017Detailed filing. Detailed filing data is available for this year.$6.33$0.64$5.68$3.92$2.88$1.04
2016Summary only. Only limited summary data is available for this year.$4.91$0.58$4.33$3.16$2.41$0.75
2015Detailed filing. Detailed filing data is available for this year.$3.94$0.51$3.42$3.14$1.94$1.20
2014Detailed filing. Detailed filing data is available for this year.$2.67$0.42$2.25$2.11$1.98$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.37$2.12$1.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.40$1.79$1.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.34$1.65$1.48