Civic Intelligence

Clean Energy Works

990 • Fiscal year 2020 • EIN 46-4930631

Jan 01, 2020 to Dec 31, 2020 • Filed on May 13, 2021

1666 Connecticut Ave NW No 100Washington, DC 20009

(202) 838-6124

Siviq Scores

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

Liabilities / Assets

49th percentile

0.04x

Higher debt load relative to assets than 49% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

49th percentile

0.05x

Higher debt load relative to revenue than 49% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

13th percentile

-27%

Higher net margin than 13% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

95th percentile

$162,500

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 29.2% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

6th percentile

-21%

Faster asset growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

21st percentile

-27%

Faster revenue growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$668,223

Down $179,447 (-21%) from 2019

Net Assets

Down

$639,385

Down $150,880 (-19%) from 2019

Liabilities

Down

$28,838

Down $28,567 (-50%) from 2019

Revenue

Down

$556,367

Down $210,053 (-27%) from 2019

Expenses

Up

$707,247

Up $228,876 (+48%) from 2019

Net Income

Down

-$150,880

Down $438,929 (-152%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2016: $104,668Liabilities 2016: $6,500Net Assets 2016: $98,1682016Assets 2017: $187,710Liabilities 2017: $15,186Net Assets 2017: $172,5242017Assets 2018: $548,993Liabilities 2018: $46,777Net Assets 2018: $502,2162018Assets 2019: $847,670Liabilities 2019: $57,405Net Assets 2019: $790,2652019Assets 2020: $668,223Liabilities 2020: $28,838Net Assets 2020: $639,3852020Assets 2021: $2,814,593Liabilities 2021: $23,053Net Assets 2021: $2,791,5402021Assets 2022: $4,323,507Liabilities 2022: $70,858Net Assets 2022: $4,252,6492022Assets 2023: $6,203,563Liabilities 2023: $45,162Net Assets 2023: $6,158,4012023Assets 2024: $5,576,289Liabilities 2024: $397,121Net Assets 2024: $5,179,1682024

Highlighted filing

2020

Assets$668,223
Liabilities$28,838
Net Assets$639,385

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2016: $146,195Expenses 2016: $48,175Net Income 2016: $98,0202016Revenue 2017: $200,151Expenses 2017: $125,795Net Income 2017: $74,3562017Revenue 2018: $667,292Expenses 2018: $337,600Net Income 2018: $329,6922018Revenue 2019: $766,420Expenses 2019: $478,371Net Income 2019: $288,0492019Revenue 2020: $556,367Expenses 2020: $707,247Net Income 2020: -$150,8802020Revenue 2021: $3,159,194Expenses 2021: $1,007,039Net Income 2021: $2,152,1552021Revenue 2022: $2,806,726Expenses 2022: $1,345,617Net Income 2022: $1,461,1092022Revenue 2023: $3,628,030Expenses 2023: $1,722,278Net Income 2023: $1,905,7522023Revenue 2024: $1,413,501Expenses 2024: $2,392,734Net Income 2024: -$979,2332024

Highlighted filing

2020

Revenue$556,367
Expenses$707,247
Net Income-$150,880
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.1
Gross Receipts
$556,367
Mission and Program Overview

Mission

To promote competitive, market-based approaches that clear barriers for enterreneurs with innovative solutions and spur new job opportunities.

Clean energy works accelerates inclusive investments that open the clean energy economy to all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$544,974$603,387▲ $58,413
Pledges and Grants Receivable$200,000--
Accounts Receivable$98,904$61,044▼ $37,860
Prepaid Expenses and Deferred Charges$3,792$3,792→ $0
Total Assets$847,670$668,223▼ $179,447
Liabilities
Accounts Payable and Accrued Expenses$57,405$28,838▼ $28,567
Total Liabilities$57,405$28,838▼ $28,567
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$415,265$569,385▲ $154,120
Net Assets With Donor Restrictions$375,000$70,000▼ $305,000
Total Net Assets Fund Balance$790,265$639,385▼ $150,880
Total Liabilities and Net Assets / Fund Balance$847,670$668,223▼ $179,447
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Holmes HummelBoard Chair/acting SecretaryFT$162,500$162,500

Board Members and Trustees

NameTitle
Kenneth AlstonBoard Member
Vien TruongBoard Member
Trenton AllenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Margarita ParraProgram Consultants1666 CONNECTICUT AVE NW, Washingthon, DC 20009$101,238
Revenue and Support

Revenue Composition

Contributions and Grants
$287,000
Program Service Revenue
$252,467
Investment Income
$0
Other Revenue
$16,900
All Other Contributions
$287,000
Change in Net Assets
$-150,880

Audited Revenue Reconciliation

Revenue per Audited Statements
$556,367
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$556,367
Total Revenue per Form 990
$556,367
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$582,249
Salaries, Compensation, and Employee Benefits$124,998
Total Fundraising Expense$24,281
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$450,655$36,265$16,218$503,138
Current Officers, Directors, Trustees, and Key Employees$70,002$14,222$3,276$87,500
Other Salaries and Wages$10,985$13,335$3,040$27,360
Fees for Services Accounting$492$20,202$56$20,750
Travel$17,727$858-$18,585
Conferences and Meetings$13,577$1,519-$15,096
Payroll Taxes$6,326$3,083$729$10,138
Fees for Services Legal-$6,519-$6,519
Office Expenses$205$2,214$12$2,431
Insurance$1,312$639$151$2,102
Information Technology$1,089$530$126$1,745
Occupancy$786$383$91$1,260
Other Expenses$474$231$55$760
Total Functional Expenses$578,234$104,732$24,281$707,247

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$707,247
Total Expenses per Audited Statements$707,247
Total Expenses per Form 990$707,247
Expenses Not Reported on Financial Statements$0
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
Lobbying activity
No
Subject to proxy tax
No
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
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 was prepared by an outside accountant. The 990 was reviewed by the senior management before the return was filed.

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

In adherence with clear energy works conflict of interest policy and board of directors and senior staff must disclose any conflicts of interest and abstain from voting on any matters for which he/she has a conflict. The member with a conflict recuses himself/herself from the discussion, and the remaining board members resolve the matter in what is deemed the best interest of clear energy works.

Form 990, Part VI, Section C, Line 19

Clear energy works makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Clean Energy Works
EIN
46-4930631
Phone
2028386124
Address
1666 CONNECTICUT AVE NW NO 100, WASHINGTON, DC 20009

Signing Officer

Name
Holmes Hummel
Title
Board Chair
Phone
2028386124
Signed
2021-05-13

Organization Details

Principal Officer
Holmes Hummel
Formed
2014
Legal Domicile
Dc
Voting Board Members
4
Independent Board Members
3
Employees
2
Volunteers
0

Preparer

Firm
Salti & Associates LLC
Address
1310 L STREET NW, WASHINGTON, DC 20005
Preparer
Salti Associates LLC
Phone
2027283312
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Program related consulting fees: program service expenses 450,655. Management and general expenses 35,477. Fundraising expenses 16,218. Total expenses 502,350. Payroll processing fee: program service expenses 0. Management and general expenses 788. Fundraising expenses 0. Total expenses 788.

Financial Statement Notes

PART X, LINE 2:

For the ended december 31, 2020, cew has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements. The federal form 990, return of organization exempt from income, is subject to examination by the internal revenue service, generally for three years after it is filed.

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01663966
IRS990ScheduleA/TotalSupportAmt01663966
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0707247
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0556367
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOR THE ENDED DECEMBER 31, 2020, CEW HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FEDERAL FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME, IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER IT IS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0707247
IRS990ScheduleD/TotalRevenuePerForm990Amt0556367
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0556367
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0707247
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0162500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HOLMES HUMMEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0BOARD CHAIR/ACTING SECRETARY
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WAS PREPARED BY AN OUTSIDE ACCOUNTANT. THE 990 WAS REVIEWED BY THE SENIOR MANAGEMENT BEFORE THE RETURN WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ADHERENCE WITH CLEAR ENERGY WORKS CONFLICT OF INTEREST POLICY AND BOARD OF DIRECTORS AND SENIOR STAFF MUST DISCLOSE ANY CONFLICTS OF INTEREST AND ABSTAIN FROM VOTING ON ANY MATTERS FOR WHICH HE/SHE HAS A CONFLICT. THE MEMBER WITH A CONFLICT RECUSES HIMSELF/HERSELF FROM THE DISCUSSION, AND THE REMAINING BOARD MEMBERS RESOLVE THE MATTER IN WHAT IS DEEMED THE BEST INTEREST OF CLEAR ENERGY WORKS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CLEAR ENERGY WORKS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM RELATED CONSULTING FEES: PROGRAM SERVICE EXPENSES 450,655. MANAGEMENT AND GENERAL EXPENSES 35,477. FUNDRAISING EXPENSES 16,218. TOTAL EXPENSES 502,350. PAYROLL PROCESSING FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 788. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 788.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/StatesWhereCopyOfReturnIsFldCd1DC
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IRS990/TerminateOperationsInd00
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IRS990/TotalEmployeeCnt02
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0104732
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0578234
IRS990/TotalFunctionalExpensesGrp/TotalAmt0707247
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt057405
IRS990/TotalLiabilitiesEOYAmt028838
IRS990/TotalLiabilitiesGrp/BOYAmt057405
IRS990/TotalLiabilitiesGrp/EOYAmt028838
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0790265
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0639385
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0578234
IRS990/TotalProgramServiceRevenueAmt0252467
IRS990/TotalReportableCompFromOrgAmt0162500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0269367
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0556367
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0847670
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0668223
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0858
IRS990/TravelGrp/ProgramServicesAmt017727
IRS990/TravelGrp/TotalAmt018585
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01666 CONNECTICUT AVE NW NO 100
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020009
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0CLEANENERGYWORKS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HOLMES HUMMEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02028386124
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLEAN ENERGY WORKS
ReturnHeader/Filer/BusinessNameControlTxt0CLEA
ReturnHeader/Filer/EIN0464930631
ReturnHeader/Filer/PhoneNum02028386124
ReturnHeader/Filer/USAddress/AddressLine1Txt01666 CONNECTICUT AVE NW NO 100
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC

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