Civic Intelligence

Nexus Energy Center

EIN 27-1665380 • 501(c)3 • Gurley, AL

Profile

Promoting energy efficiency nexus serves as a catalyst for commercializing/implementing "green technology" including those that reduce energy consumption, throughout huntsville's residential, government/military, and commercial sectors.

9 Braewick PlaceGurley, AL 35748

www.nexusenergycenter.org

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

0.17x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

4th percentile

-594%

Higher net margin than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

38th percentile

-11%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

14th percentile

-58%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$253,523

Down $30,193 (-11%) from 2021

Liabilities

Up

$849

Up $267 (+46%) from 2021

Net Assets

Down

$252,674

Down $30,460 (-11%) from 2021

Revenue

Down

$5,104

Down $6,951 (-58%) from 2021

Expenses

Up

$35,433

Up $4,075 (+13%) from 2021

Net Income

Down

-$30,329

Down $11,026 (-57%) from 2021

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $149,954Liabilities 2010: $2,502Net Assets 2010: $147,4522010Assets 2011: $53,169Liabilities 2011: $3,717Net Assets 2011: $49,4522011Assets 2012: $402,537Liabilities 2012: $356,588Net Assets 2012: $45,9492012Assets 2013: $518,711Liabilities 2013: $393,794Net Assets 2013: $124,9172013Assets 2014: $630,211Liabilities 2014: $197,527Net Assets 2014: $432,6842014Assets 2015: $576,036Liabilities 2015: $171,055Net Assets 2015: $404,9812015Assets 2016: $633,325Liabilities 2016: $237,380Net Assets 2016: $395,9452016Assets 2017: $532,653Liabilities 2017: $179,557Net Assets 2017: $353,0962017Assets 2018: $431,941Liabilities 2018: $148,503Net Assets 2018: $283,4382018Assets 2021: $283,716Liabilities 2021: $582Net Assets 2021: $283,1342021Assets 2022: $253,523Liabilities 2022: $849Net Assets 2022: $252,6742022

Highlighted filing

2022

Assets$253,523
Liabilities$849
Net Assets$252,674

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $54,8002010Expenses 2011: $229,3422011Expenses 2012: $706,4262012Revenue 2013: $1,176,618Expenses 2013: $1,095,682Net Income 2013: $80,9362013Revenue 2014: $811,851Expenses 2014: $533,499Net Income 2014: $278,3522014Revenue 2015: $233,586Expenses 2015: $261,289Net Income 2015: -$27,7032015Revenue 2016: $159,193Expenses 2016: $168,229Net Income 2016: -$9,0362016Revenue 2017: $216,398Expenses 2017: $259,247Net Income 2017: -$42,8492017Revenue 2018: $128,850Expenses 2018: $199,728Net Income 2018: -$70,8782018Revenue 2021: $12,055Expenses 2021: $31,358Net Income 2021: -$19,3032021Revenue 2022: $5,104Expenses 2022: $35,433Net Income 2022: -$30,3292022

Highlighted filing

2022

Revenue$5,104
Expenses$35,433
Net Income-$30,329

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$5,104
Mission and Program Overview

Mission

Promoting eneregy efficiency

Promoting energy efficiency nexus serves as a catalyst for commercializing/implementing "green technology" including those that reduce energy consumption, throughout huntsville's residential, government/military, and commercial sectors.

Program Services

DescriptionGrantsExpenses
NEXUS ENERGY CENTER HAS BEEN ADMINISTERING THE WISE PROGRAM USING GRANT FUNDS FROM THE DOE BETTER BUILDINGS PROGRAM AND THE STATE ENERGY PROGRAM THROUGH ADECA. USING THE GRANT FUNDS, WE HAVE BEEN PROVIDING REBATES TO HOMEOWNERS FOR ENERGY EFFICIENCY MEASURES INSTALLED AS WELL AS PROVIDING MARKETING AND EDUCATIONAL SERVICES TO THE COMMUNITY.-$34,346
NEXUS MANAGES A REVOLVING LOAN PROGRAM FOR ENERGY IMPROVEMENTS THROUGH ADECA USING STATE ENERGY PROGRAM FUNDS.--
EQUIPMENT PURCHASED FOR THE USE OF NEXUS ENERGY CENTER--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RUCHI SINGHALBoard Member-$0--
MAIKE DEMARIABoard Chair-$0--
DEBBIE OVERCASHBoard Member-$0--
JOSEPH VICKBoard Member-$0--
MARGARET RIETHMAIERBoard Member-$0--
ROSEMARY ROBINSONBoard Member-$0--
AMANDA BARNESBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Nexus Energy Center
EIN
27-1665380
Phone
2565396225
Address
9 BRAEWICK PLACE, GURLEY, AL 35748

Signing Officer

Name
Ruchi Singhal
Title
Board Member
Phone
2566841956
Signed
2023-11-14

Preparer

Firm
Sanderson Perry & Associates Pllc
Address
809 SHONEY DR SUITE 203, HUNTSVILLE, AL 35801-6504
Preparer
Bruce W Perry CPA
Phone
2565360558
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses website 186 total 186

Form 990-ez, Part I, Line 20

Book / tax depreciation difference -131

Form 990-ez, Part II, Line 24

Accounts receivable 614 614 loan receivable 38,526 33,478 allowance for uncollectable -29,649 -29,649 1,307 1,307 less accumulated depreciation 479 610 total 10,319 5,140

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses -154 -154 credit card 736 1,003

Form 990-ez, Part III

Promoting energy efficiency nexus serves as a catalyst for commercializing/implementing "green technology" including those that reduce energy consumption, throughout huntsville's residential, government/military, and commercial sectors.

Form 990-ez, Part III, Line 28

Nexus energy center has been administering the wise program using grant funds from the doe better buildings program and the state energy program through adeca. Using the grant funds, we have been providing rebates to homeowners for energy efficiency measures installed as well as providing marketing and educational services to the community.

Form 990-ez, Part III, Line 31

Equipment purchased for the use of nexus energy center

Raw XML Appendix151 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES WEBSITE 186 TOTAL 186
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES -154 -154 CREDIT CARD 736 1,003
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROMOTING ENERGY EFFICIENCY NEXUS SERVES AS A CATALYST FOR COMMERCIALIZING/IMPLEMENTING "GREEN TECHNOLOGY" INCLUDING THOSE THAT REDUCE ENERGY CONSUMPTION, THROUGHOUT HUNTSVILLE'S RESIDENTIAL, GOVERNMENT/MILITARY, AND COMMERCIAL SECTORS.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
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ReturnHeader/Filer/EIN0271665380
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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