Civic Intelligence

Local Energy Alliance Program Inc.

990 • Fiscal year 2018 • EIN 27-1155142

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 15, 2019

608 Ridge StCharlottesville, VA 22902

(434) 227-4666

Siviq Scores

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

Liabilities / Assets

87th percentile

0.58x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.32x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

7th percentile

-27%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

7.7%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$512,076

Down $188,895 (-27%) from 2017

Net Assets

Down

$215,374

Down $234,280 (-52%) from 2017

Liabilities

Up

$296,702

Up $45,385 (+18%) from 2017

Revenue

Up

$914,623

Up $65,544 (+7.7%) from 2017

Expenses

Up

$1,102,274

Up $258,510 (+31%) from 2017

Net Income

Down

-$187,651

Down $192,966 (-3631%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2012: $1,215,791Liabilities 2012: $819,128Net Assets 2012: $396,6632012Assets 2013: $1,896,246Liabilities 2013: $1,282,296Net Assets 2013: $613,9502013Assets 2014: $963,890Liabilities 2014: $583,763Net Assets 2014: $380,1272014Assets 2015: $797,668Liabilities 2015: $480,399Net Assets 2015: $317,2692015Assets 2017: $700,971Liabilities 2017: $251,317Net Assets 2017: $449,6542017Assets 2018: $512,076Liabilities 2018: $296,702Net Assets 2018: $215,3742018Assets 2019: $463,894Liabilities 2019: $241,563Net Assets 2019: $222,3312019Assets 2020: $540,183Liabilities 2020: $656,741Net Assets 2020: -$116,5582020Assets 2021: $475,433Liabilities 2021: $319,828Net Assets 2021: $155,6052021Assets 2022: $502,701Liabilities 2022: $360,326Net Assets 2022: $142,3752022Assets 2024: $1,024,829Liabilities 2024: $616,273Net Assets 2024: $408,5562024

Highlighted filing

2018

Assets$512,076
Liabilities$296,702
Net Assets$215,374

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 2012: $1,998,2362012Revenue 2013: $3,127,761Expenses 2013: $2,910,474Net Income 2013: $217,2872013Revenue 2014: $1,706,204Expenses 2014: $1,940,027Net Income 2014: -$233,8232014Revenue 2015: $1,159,051Expenses 2015: $1,221,909Net Income 2015: -$62,8582015Revenue 2017: $849,079Expenses 2017: $843,764Net Income 2017: $5,3152017Revenue 2018: $914,623Expenses 2018: $1,102,274Net Income 2018: -$187,6512018Revenue 2019: $1,331,427Expenses 2019: $1,324,470Net Income 2019: $6,9572019Revenue 2020: $1,376,734Expenses 2020: $1,589,554Net Income 2020: -$212,8202020Revenue 2021: $2,951,127Expenses 2021: $2,678,964Net Income 2021: $272,1632021Revenue 2022: $2,341,672Expenses 2022: $2,354,905Net Income 2022: -$13,2332022Revenue 2024: $6,055,491Expenses 2024: $5,805,413Net Income 2024: $250,0782024

Highlighted filing

2018

Revenue$914,623
Expenses$1,102,274
Net Income-$187,651
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 15, 2019
Return Version
2018v3.1
Gross Receipts
$914,623
Mission and Program Overview

Mission

Leap's mission is to implement energy efficient technologies in buildings for energy and cost savings, economic stimulus and local job creation.

The local energy alliance program inc.s (leap) mission is to promote and implement clean energy technologies and services in virginia to achieve cost savings, local economic development, and climate change mitigation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$654,492$480,243▼ $174,249
Pledges and Grants Receivable$39,733--
Accounts Receivable-$21,585-
Prepaid Expenses and Deferred Charges-$5,440-
Inventories for Sale or Use$6,041$3,821▼ $2,220
Land, Buildings, and Equipment, Net$105$387▲ $282
Total Assets$700,971$512,076▼ $188,895
Other Assets Total$600$600→ $0
Liabilities
Deferred Revenue$243,439$183,378▼ $60,061
Other Liabilities-$84,360-
Accounts Payable and Accrued Expenses$7,878$28,964▲ $21,086
Total Liabilities$251,317$296,702▲ $45,385
Net Assets / Fund Balance
Temporarily Rstr Net Assets$296,320$131,941▼ $164,379
Unrestricted Net Assets$153,334$83,433▼ $69,901
Total Net Assets Fund Balance$449,654$215,374▼ $234,280
Total Liabilities and Net Assets / Fund Balance$700,971$512,076▼ $188,895

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$387$36,531$36,918
Other Land Buildings-$3,501$3,501
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kristel RiddervoldChair
Ann MallekVice Chair
Andy LoweDirector
Bill PrindleDirector
Bob LazarroDirector
David SlutzkyDirector
Deborah LawrenceDirector
MATT O'HAREDirector
Mike SignerDirector
Norman DillDirector
Oliver PriceDirector
Will ClevelandDirector
Annie SuttleSecretary
Chris WeatherfordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$185,256
Program Service Revenue
$729,074
Investment Income
$293
Other Revenue
$0
All Other Contributions
$1,148
Change in Net Assets
$-187,651

Audited Revenue Reconciliation

Revenue per Audited Statements
$914,623
Total Revenue per Audited Statements
$914,623
Total Revenue per Form 990
$914,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$760,612
Salaries, Compensation, and Employee Benefits$341,662
Total Fundraising Expense$6,692
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,441$154,033$6,153$307,627
All Other Expenses$44,086$18,960-$63,046
Payroll Taxes$13,736$12,658$539$26,933
Other Expenses$17,908$4,477-$22,385
Insurance-$15,795-$15,795
Occupancy-$15,762-$15,762
Fees for Services Accounting-$8,750-$8,750
Other Employee Benefits$4,435$2,667-$7,102
Fees for Services Other$1,359--$1,359
Depreciation Depletion$174$9-$183
Total Functional Expenses$862,471$233,111$6,692$1,102,274

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,102,274
Total Expenses per Audited Statements$1,102,274
Total Expenses per Form 990$1,102,274
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fiscal Agent Funds$84,360
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 family members
No
Business relationship with organization members
No
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, Page 6, Part VI, Line 11B

The executive director reviews the draft 990 and, after any changes are needed, submits it to bhe board of directors for review and approval.

Form 990, Page 6, Part VI, Line 12C

Each party required to sign annual statement: received, understands and agrees to comply with policy; organization conducts periodic reviews to ensure operation is consistent with its tax exempt status.

Form 990, Page 6, Part VI, Line 19

Governing documents made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Local Energy Alliance Program
EIN
27-1155142
Address
608 RIDGE ST, CHARLOTTESVILLE, VA 22902

Signing Officer

Name
Chris Meyer
Title
Executive Director
Signed
2019-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andy Lowe
Formed
2009
Legal Domicile
Va
Voting Board Members
14
Independent Board Members
14
Employees
8
Volunteers
14

Preparer

Firm
Monfalcone & Garris Pc
Address
1140 EAST MARKET STREET, CHARLOTTESVILLE, VA 22902
Preparer
Christina Monfalcone CPA
Phone
4349717255
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Energy efficiency programs leap offers walk-through and comprehensive energy audits and general consulting to residential and non-residential clients. When supported by a utility rebate (such as the dominion home energy check-up or the charlottesville gas savings program) these audits may include "direct install" services such as high-efficiency light bulbs, low-flow aerators, and hot water pipe wrap. In the city of charlottesville, commercial audits, commercial outreach, residential audits, and residential outreach are supported by grant funds from the city of charlottesville. Also, in the city of charlottesville, leap offers interest rate buy down programs for residential and commercial investments in efficiency improvements and on- site renewables. The funds for the buy-downs were granted by the city of charlottesville.

Form 990, Page 2, Part III, Line 4B

Solarize campaign working with various partners, leap executes these group-purchasing programs to reduce the cost of residential and commercial pv installations in communities from charlottesville to northern virginia. Local partners primarily assist with promotion. Leap issues an rfp to secure a campaign contractor, conducts educational seminars, promotes via multiple media channels, qualifies clients, and represents the clients to the contractor. In northern virginia, the northern virginia regional commission (nvrc) is an integral partner, bringing in new muncipal sponsors and promoting the concept widely. Leap pays nvrc a fee based on completed installations in that region for their help. Cash support has come from muncipal partners (charlottesville and alexandria), the metro-washington council of governments, and the non-profit community power network. The bulk of the revenue for the program comes from referral fees paid to leap by the campaign contractor when an installation occurs. We also promote our energy audit services via these campaigns.

Form 990, Page 2, Part III, Line 4D

Other efforts including training related to odec (old dominion electric cooperative).

Form 990, Part XI, Line 9

During the 2018 financial reporting process, leap management discovered earned revenue from one of its grants had been duplicated in 2016 in the amount of 46,629. Accordingly, a prior period adjustment to decrease net assets without donor restrictions at january 1, 2017 has been made in the referenced amount.

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IRS990/MissionDesc0LEAP'S MISSION IS TO IMPLEMENT ENERGY EFFICIENT TECHNOLOGIES IN BUILDINGS FOR ENERGY AND COST SAVINGS, ECONOMIC STIMULUS AND LOCAL JOB CREATION.
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IRS990/OtherExpensesGrp/Desc0INTEREST RATE BUYDOWN
IRS990/OtherExpensesGrp/Desc1ENERGY EFFICIENCY IMPROVE
IRS990/OtherExpensesGrp/Desc2PAYMENTS TO SUBRECIPIENTS
IRS990/OtherExpensesGrp/Desc3SUPPLIES
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IRS990/OtherExpensesGrp/ProgramServicesAmt277181
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IRS990/PrincipalOfficerNm0ANDY LOWE
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IRS990/ProgramServiceRevenueGrp/Desc0ENERGY UTILITIES REVENUE (ESW
IRS990/ProgramServiceRevenueGrp/Desc1CLEAN ENERGY LOAN PROGAM
IRS990/ProgramServiceRevenueGrp/Desc2ENERGY UTILTIES REVENUE(IAHQU
IRS990/ProgramServiceRevenueGrp/Desc3SOLARIZATION PROJECT
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IRS990/ProgSrvcAccomActy2Grp/Desc0SOLARIZE CAMPAIGN WORKING WITH VARIOUS PARTNERS, LEAP EXECUTES THESE GROUP-PURCHASING PROGRAMS TO REDUCE THE COST OF RESIDENTIAL AND COMMERCIAL PV INSTALLATIONS IN COMMUNITIES FROM CHARLOTTESVILLE TO NORTHERN VIRGINIA. LOCAL PARTNERS PRIMARILY ASSIST WITH PROMOTION. LEAP ISSUES AN RFP TO SECURE A CAMPAIGN CONTRACTOR, CONDUCTS EDUCATIONAL SEMINARS, PROMOTES VIA MULTIPLE MEDIA CHANNELS, QUALIFIES CLIENTS, AND REPRESENTS THE CLIENTS TO THE CONTRACTOR. IN NORTHERN VIRGINIA, THE NORTHERN VIRGINIA REGIONAL COMMISSION (NVRC) IS AN INTEGRAL PARTNER, BRINGING IN NEW MUNCIPAL SPONSORS AND PROMOTING THE CONCEPT WIDELY. LEAP PAYS NVRC A FEE BASED ON COMPLETED INSTALLATIONS IN THAT REGION FOR THEIR HELP. CASH SUPPORT HAS COME FROM MUNCIPAL PARTNERS (CHARLOTTESVILLE AND ALEXANDRIA), THE METRO-WASHINGTON COUNCIL OF GOVERNMENTS, AND THE NON-PROFIT COMMUNITY POWER NETWORK. THE BULK OF THE REVENUE FOR THE PROGRAM COMES FROM REFERRAL FEES PAID TO LEAP BY THE CAMPAIGN CONTRACTOR WHEN AN INSTALLATION OCCURS. WE ALSO PROMOTE OUR ENERGY AUDIT SERVICES VIA THESE CAMPAIGNS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt089684
IRS990/ProgSrvcAccomActy3Grp/Desc0LOW-INCOME WEATHERIZATION PROGRAM LEAP IS A PARTICIPATING CONTRACTOR IN DOMINION VIRGINIA POWER'S IAQHIP AND ENERGYSHARE PROGRAMS WHICH PROVIDE ENERGY AUDITS, BASIC ENERGY-SAVING EQUIPMENT, ATTIC INSULATION, AND OTHER SERVICES AT NO COST TO QUALIFYING HOUSEHOLDS (INCLUDING THOSE WITH LOW-INCOME, ELDERLY, AND DISABLED RESIDENTS). THESE PROGRAMS SERVE BOTH RENTERS AND OWNERS IN BOTH MULTI- FAMILY AND SINGLE-FAMILY DWELLINGS. LEAP STAFF PERFORM THE AUDITS AND BASIC INSTALLATIONS AND CONTRACT OUT THE INSULATION AND HVAC SERVICES. DOMINION PAYS LEAP DIRECTLY FOR SOME JOBS, AND WE ALSO EXECUTE THESE SAME PROGRAMS AS A SUB-CONTRACTOR TO OTHER AGENCIES. OUR WORK IS FOCUSED IN THE GREATER CHARLOTTESVILLE AND NORTHER VIRGINIA MARKETS AS WELL AS AREAS IN BETWEEN.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt047829
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER EFFORTS INCLUDING TRAINING RELATED TO ODEC (OLD DOMINION ELECTRIC COOPERATIVE).
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02113375
IRS990ScheduleA/TotalSupportAmt02127923
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt036531
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ENERGY EFFICIENCY PROGRAMS LEAP OFFERS WALK-THROUGH AND COMPREHENSIVE ENERGY AUDITS AND GENERAL CONSULTING TO RESIDENTIAL AND NON-RESIDENTIAL CLIENTS. WHEN SUPPORTED BY A UTILITY REBATE (SUCH AS THE DOMINION HOME ENERGY CHECK-UP OR THE CHARLOTTESVILLE GAS SAVINGS PROGRAM) THESE AUDITS MAY INCLUDE "DIRECT INSTALL" SERVICES SUCH AS HIGH-EFFICIENCY LIGHT BULBS, LOW-FLOW AERATORS, AND HOT WATER PIPE WRAP. IN THE CITY OF CHARLOTTESVILLE, COMMERCIAL AUDITS, COMMERCIAL OUTREACH, RESIDENTIAL AUDITS, AND RESIDENTIAL OUTREACH ARE SUPPORTED BY GRANT FUNDS FROM THE CITY OF CHARLOTTESVILLE. ALSO, IN THE CITY OF CHARLOTTESVILLE, LEAP OFFERS INTEREST RATE BUY DOWN PROGRAMS FOR RESIDENTIAL AND COMMERCIAL INVESTMENTS IN EFFICIENCY IMPROVEMENTS AND ON- SITE RENEWABLES. THE FUNDS FOR THE BUY-DOWNS WERE GRANTED BY THE CITY OF CHARLOTTESVILLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SOLARIZE CAMPAIGN WORKING WITH VARIOUS PARTNERS, LEAP EXECUTES THESE GROUP-PURCHASING PROGRAMS TO REDUCE THE COST OF RESIDENTIAL AND COMMERCIAL PV INSTALLATIONS IN COMMUNITIES FROM CHARLOTTESVILLE TO NORTHERN VIRGINIA. LOCAL PARTNERS PRIMARILY ASSIST WITH PROMOTION. LEAP ISSUES AN RFP TO SECURE A CAMPAIGN CONTRACTOR, CONDUCTS EDUCATIONAL SEMINARS, PROMOTES VIA MULTIPLE MEDIA CHANNELS, QUALIFIES CLIENTS, AND REPRESENTS THE CLIENTS TO THE CONTRACTOR. IN NORTHERN VIRGINIA, THE NORTHERN VIRGINIA REGIONAL COMMISSION (NVRC) IS AN INTEGRAL PARTNER, BRINGING IN NEW MUNCIPAL SPONSORS AND PROMOTING THE CONCEPT WIDELY. LEAP PAYS NVRC A FEE BASED ON COMPLETED INSTALLATIONS IN THAT REGION FOR THEIR HELP. CASH SUPPORT HAS COME FROM MUNCIPAL PARTNERS (CHARLOTTESVILLE AND ALEXANDRIA), THE METRO-WASHINGTON COUNCIL OF GOVERNMENTS, AND THE NON-PROFIT COMMUNITY POWER NETWORK. THE BULK OF THE REVENUE FOR THE PROGRAM COMES FROM REFERRAL FEES PAID TO LEAP BY THE CAMPAIGN CONTRACTOR WHEN AN INSTALLATION OCCURS. WE ALSO PROMOTE OUR ENERGY AUDIT SERVICES VIA THESE CAMPAIGNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER EFFORTS INCLUDING TRAINING RELATED TO ODEC (OLD DOMINION ELECTRIC COOPERATIVE).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR REVIEWS THE DRAFT 990 AND, AFTER ANY CHANGES ARE NEEDED, SUBMITS IT TO BHE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH PARTY REQUIRED TO SIGN ANNUAL STATEMENT: RECEIVED, UNDERSTANDS AND AGREES TO COMPLY WITH POLICY; ORGANIZATION CONDUCTS PERIODIC REVIEWS TO ENSURE OPERATION IS CONSISTENT WITH ITS TAX EXEMPT STATUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DURING THE 2018 FINANCIAL REPORTING PROCESS, LEAP MANAGEMENT DISCOVERED EARNED REVENUE FROM ONE OF ITS GRANTS HAD BEEN DUPLICATED IN 2016 IN THE AMOUNT OF 46,629. ACCORDINGLY, A PRIOR PERIOD ADJUSTMENT TO DECREASE NET ASSETS WITHOUT DONOR RESTRICTIONS AT JANUARY 1, 2017 HAS BEEN MADE IN THE REFERENCED AMOUNT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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