Civic Intelligence

Evhybridnoire Inc.

990 • Fiscal year 2023 • EIN 83-2138544

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 24, 2024

3315 South Cobb Dr 813113 Ste 700Smyrna, GA 30080

(919) 824-3781

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.16x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.17x

Higher debt load relative to revenue than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

51st percentile

4.7%

Higher net margin than 51% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

85th percentile

$160,200

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

58th percentile

7.6%

Faster asset growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

58th percentile

12%

Faster revenue growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,701,110

Up $191,823 (+7.6%) from 2022

Net Assets

Up

$2,278,813

Up $120,546 (+5.6%) from 2022

Liabilities

Up

$422,297

Up $71,277 (+20%) from 2022

Revenue

Up

$2,543,475

Up $269,196 (+12%) from 2022

Expenses

Up

$2,422,929

Up $544,717 (+29%) from 2022

Net Income

Down

$120,546

Down $275,521 (-70%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2019: $28,303Liabilities 2019: $0Net Assets 2019: $28,3032019Assets 2020: $626,540Liabilities 2020: $0Net Assets 2020: $626,5402020Assets 2021: $2,592,407Liabilities 2021: $23,437Net Assets 2021: $2,568,9702021Assets 2022: $2,509,287Liabilities 2022: $351,020Net Assets 2022: $2,158,2672022Assets 2023: $2,701,110Liabilities 2023: $422,297Net Assets 2023: $2,278,8132023Assets 2024: $2,003,825Liabilities 2024: $111,865Net Assets 2024: $1,891,9602024

Highlighted filing

2023

Assets$2,701,110
Liabilities$422,297
Net Assets$2,278,813

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $36,287Expenses 2019: $7,984Net Income 2019: $28,3032019Revenue 2020: $799,700Expenses 2020: $201,463Net Income 2020: $598,2372020Revenue 2021: $2,730,520Expenses 2021: $785,113Net Income 2021: $1,945,4072021Revenue 2022: $2,274,279Expenses 2022: $1,878,212Net Income 2022: $396,0672022Revenue 2023: $2,543,475Expenses 2023: $2,422,929Net Income 2023: $120,5462023Revenue 2024: $2,428,279Expenses 2024: $2,815,132Net Income 2024: -$386,8532024

Highlighted filing

2023

Revenue$2,543,475
Expenses$2,422,929
Net Income$120,546
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 24, 2024
Return Version
2023v5.0
Gross Receipts
$2,543,475
Mission and Program Overview

Mission

We work to advance evs and multimodal e-mobility solutions across the u.s., and ensure those solutions are inclusive and equitable.

Evhybridnoire works to advance electric vehicles and multimodal e- mobility solutions across the u.s., and ensure those solutions are inclusive and equitable.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,158,267$2,278,813▲ $120,546
Cash and Non-Interest-Bearing Accounts$2,200,722$2,096,699▼ $104,023
Accounts Receivable$125,305$415,978▲ $290,673
Receivables From Officers Etc$176,960$182,133▲ $5,173
Total Assets$2,509,287$2,701,110▲ $191,823
Other Assets Total$6,300$6,300→ $0
Liabilities
Accounts Payable and Accrued Expenses$322,715$381,373▲ $58,658
Unsecured Notes Loans Payable$28,305$26,763▼ $1,542
Deferred Revenue-$14,161-
Total Liabilities$351,020$422,297▲ $71,277
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,158,267$2,278,813▲ $120,546
Total Liabilities and Net Assets / Fund Balance$2,509,287$2,701,110▲ $191,823
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr Shelley a FrancisCo-director/FT$160,200$160,200
Terry TravisCo-director/FT$160,200$160,200
Dr Shelley a FrancisCo-director/founder-$160,200$160,200
Terry TravisCo-director/founder-$160,200$160,200

Board Members and Trustees

NameTitle
Dr Glenda FrancisBoard Chair
Kevin HarrisBoard Treasu
Anika RobertsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,818,898
Program Service Revenue
$708,717
Investment Income
$15,860
Other Revenue
$0
All Other Contributions
$1,818,898
Change in Net Assets
$120,546

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,543,475
Total Revenue per Audited Statements
$2,543,475
Total Revenue per Form 990
$2,543,475
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,709,179
Other Expenses$713,750
Total Fundraising Expense$89,546
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,117,639$400,460$80,365$1,598,464
Fees for Services Other$263,617$62,742$892$327,251
Other Employee Benefits$62,536$43,011$5,168$110,715
Travel$93,224$706$1,184$95,114
Office Expenses$38,716$19,300$90$58,106
Fees for Services Accounting-$56,734-$56,734
Fees for Services Legal$41,485$12,404$580$54,469
Advertising$38,749$1,584-$40,333
Conferences and Meetings$27,417$15-$27,432
Insurance$2,906$4,216-$7,122
Other Expenses$2,676$1,009$1,267$3,685
Information Technology$240$2,272-$2,512
Total Functional Expenses$1,709,990$623,393$89,546$2,422,929

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,422,929
Total Expenses per Audited Statements$2,422,929
Total Expenses per Form 990$2,422,929
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
-Co-directorsWorking Capital LoanNo$182,133

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$176,960$182,133▲ $5,173
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with 35% controlled entity
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
No
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

Our business manager reviews this form prior to transmitting, as well as members of the governing body.

Form 990, Page 6, Part VI, Line 19

All documents, policies, and financial statements available on request.

Filing and Contact Details

Filer

Filer Name
Evhybridnoire Inc
EIN
83-2138544
Phone
9198243781
Address
3315 SOUTH COBB DR 813113 STE 700, SMYRNA, GA 30080

Signing Officer

Name
Dr Glenda Francis
Title
Board Chair
Phone
9198243781
Signed
2024-09-24

Organization Details

Principal Officer
Dr Glenda Francis
Formed
2018
Legal Domicile
Ga
Voting Board Members
3
Independent Board Members
3
Employees
23
Volunteers
1,800

Preparer

Firm
Wells CPA LLC
Address
215 N FRONT ST STE 110, COLUMBUS, OH 43215
Preparer
Donald Wells
Phone
6143968974
Supplemental Narrative

Additional Explanations

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

Evhybridnoire is the nation's largest network of diverse ev drivers and enthusiasts. We have over 6,000, members with close to 30 chapters across the united states, canada, europe, africa, asia, and the caribbean. During the last year, we grew our membership by 25%. We also have several thousand additional members who prefer not to be active on social media. During 2023, we received 45 media hits and provided thought leadership at 100+ scientific panels / presentations. We worked across the federal administration to inform their strategic priorities and to accelerate equitable, multimodal clean transportation and clean energy initiatives. Our team and members provided expert testimony for the epa, the american lung association, the department of energy, the department of transportation, the white house, the congressional black caucus annual legislative conference, the congressional hispanic caucus annual legislative conference, and the house of representatives and senate. In addition, during our annual national e-mobility dei conference, our team provided thought leadership to more than 1600+ attendees from across the globe during the two-day conference. Evhybridnoire 1) engages with communities often left out of e-mobility discussions, 2) advocates for e- mobility solutions that benefit under-resourced communities, and 3) shifts the narrative about emobility to be more inclusive of diverse populations. Our work spans many aspects of e-mobility and equity, including climate justice, workforce development,public health, multimodal mobility, and creative financing of e-mobility solutions. Tactically, our work involves the following: 1) grassroots outreach: we engage communities impacted worst and first by climate change and air pollution to raise awareness of e-mobility's benefits. 2) decision-maker education: we meet with elected officials and regulators,to ensure they are aware of the diverse support for e-mobility solutions, and that e-mobility policies incorporate elements of diversity equity, and are inclusive 3) media outreach & marketing campaigns: via op-eds and earned media coverage, our story can strengthen narratives about the broad appeal of evs. 4) speaking engagements & opinion leader events: our team are sought-after thought leaders in e-mobility and environmental equity who are invited to speak at over 100+ events every year, and we also work with partners to set up in person and online events of our own. 5) research: our extensive research documents the public health impacts of air pollution and explores which e-mobility options make the most sense for local communities.

Form 990, Part IX, Line 11G

Contractors 263,617 62,742 892

Form 990, Part XI, Line 9

Owner's investment 0 py reclass to refundable advance 0

Financial Statement Notes

Schedule D, Page 3, Part X

Evhybridnoire, inc. Is tax-exempt under section 501(c)(3) of the internal revenue code. Consequently, no provisions for income taxes have been made in the accompanying financial statement. Additionally, the internal revenue service has not classified evhybridnoire, inc. As a private foundation because it is an organization of the type described in sections 509(a)(1) and 170 (b)(a)(vi) of the code. Evhybridnoire, inc. Follows the financial accounting standards board's guidance on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, evhybridnoire, inc. May recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of evhybridnoire, inc., and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. On december 31, 2023 and 2022, there were no material unrecognized tax benefits identified or recorded as liabilities. Evhybridnoire, inc.'s federal exempt organization tax returns (form 990) are subject to examination by the internal revenue service, generally for three years after they are filed. All tax returns for years ending after december 31, 2020 are open for examination.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EVHYBRIDNOIRE, INC. IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CONSEQUENTLY, NO PROVISIONS FOR INCOME TAXES HAVE BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENT. ADDITIONALLY, THE INTERNAL REVENUE SERVICE HAS NOT CLASSIFIED EVHYBRIDNOIRE, INC. AS A PRIVATE FOUNDATION BECAUSE IT IS AN ORGANIZATION OF THE TYPE DESCRIBED IN SECTIONS 509(A)(1) AND 170 (B)(A)(VI) OF THE CODE. EVHYBRIDNOIRE, INC. FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD'S GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, EVHYBRIDNOIRE, INC. MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF EVHYBRIDNOIRE, INC., AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. ON DECEMBER 31, 2023 AND 2022, THERE WERE NO MATERIAL UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. EVHYBRIDNOIRE, INC.'S FEDERAL EXEMPT ORGANIZATION TAX RETURNS (FORM 990) ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. ALL TAX RETURNS FOR YEARS ENDING AFTER DECEMBER 31, 2020 ARE OPEN FOR EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EVHYBRIDNOIRE IS THE NATION'S LARGEST NETWORK OF DIVERSE EV DRIVERS AND ENTHUSIASTS. WE HAVE OVER 6,000, MEMBERS WITH CLOSE TO 30 CHAPTERS ACROSS THE UNITED STATES, CANADA, EUROPE, AFRICA, ASIA, AND THE CARIBBEAN. DURING THE LAST YEAR, WE GREW OUR MEMBERSHIP BY 25%. WE ALSO HAVE SEVERAL THOUSAND ADDITIONAL MEMBERS WHO PREFER NOT TO BE ACTIVE ON SOCIAL MEDIA. DURING 2023, WE RECEIVED 45 MEDIA HITS AND PROVIDED THOUGHT LEADERSHIP AT 100+ SCIENTIFIC PANELS / PRESENTATIONS. WE WORKED ACROSS THE FEDERAL ADMINISTRATION TO INFORM THEIR STRATEGIC PRIORITIES AND TO ACCELERATE EQUITABLE, MULTIMODAL CLEAN TRANSPORTATION AND CLEAN ENERGY INITIATIVES. OUR TEAM AND MEMBERS PROVIDED EXPERT TESTIMONY FOR THE EPA, THE AMERICAN LUNG ASSOCIATION, THE DEPARTMENT OF ENERGY, THE DEPARTMENT OF TRANSPORTATION, THE WHITE HOUSE, THE CONGRESSIONAL BLACK CAUCUS ANNUAL LEGISLATIVE CONFERENCE, THE CONGRESSIONAL HISPANIC CAUCUS ANNUAL LEGISLATIVE CONFERENCE, AND THE HOUSE OF REPRESENTATIVES AND SENATE. IN ADDITION, DURING OUR ANNUAL NATIONAL E-MOBILITY DEI CONFERENCE, OUR TEAM PROVIDED THOUGHT LEADERSHIP TO MORE THAN 1600+ ATTENDEES FROM ACROSS THE GLOBE DURING THE TWO-DAY CONFERENCE. EVHYBRIDNOIRE 1) ENGAGES WITH COMMUNITIES OFTEN LEFT OUT OF E-MOBILITY DISCUSSIONS, 2) ADVOCATES FOR E- MOBILITY SOLUTIONS THAT BENEFIT UNDER-RESOURCED COMMUNITIES, AND 3) SHIFTS THE NARRATIVE ABOUT EMOBILITY TO BE MORE INCLUSIVE OF DIVERSE POPULATIONS. OUR WORK SPANS MANY ASPECTS OF E-MOBILITY AND EQUITY, INCLUDING CLIMATE JUSTICE, WORKFORCE DEVELOPMENT,PUBLIC HEALTH, MULTIMODAL MOBILITY, AND CREATIVE FINANCING OF E-MOBILITY SOLUTIONS. TACTICALLY, OUR WORK INVOLVES THE FOLLOWING: 1) GRASSROOTS OUTREACH: WE ENGAGE COMMUNITIES IMPACTED WORST AND FIRST BY CLIMATE CHANGE AND AIR POLLUTION TO RAISE AWARENESS OF E-MOBILITY'S BENEFITS. 2) DECISION-MAKER EDUCATION: WE MEET WITH ELECTED OFFICIALS AND REGULATORS,TO ENSURE THEY ARE AWARE OF THE DIVERSE SUPPORT FOR E-MOBILITY SOLUTIONS, AND THAT E-MOBILITY POLICIES INCORPORATE ELEMENTS OF DIVERSITY EQUITY, AND ARE INCLUSIVE 3) MEDIA OUTREACH & MARKETING CAMPAIGNS: VIA OP-EDS AND EARNED MEDIA COVERAGE, OUR STORY CAN STRENGTHEN NARRATIVES ABOUT THE BROAD APPEAL OF EVS. 4) SPEAKING ENGAGEMENTS & OPINION LEADER EVENTS: OUR TEAM ARE SOUGHT-AFTER THOUGHT LEADERS IN E-MOBILITY AND ENVIRONMENTAL EQUITY WHO ARE INVITED TO SPEAK AT OVER 100+ EVENTS EVERY YEAR, AND WE ALSO WORK WITH PARTNERS TO SET UP IN PERSON AND ONLINE EVENTS OF OUR OWN. 5) RESEARCH: OUR EXTENSIVE RESEARCH DOCUMENTS THE PUBLIC HEALTH IMPACTS OF AIR POLLUTION AND EXPLORES WHICH E-MOBILITY OPTIONS MAKE THE MOST SENSE FOR LOCAL COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUR BUSINESS MANAGER REVIEWS THIS FORM PRIOR TO TRANSMITTING, AS WELL AS MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACTORS 263,617 62,742 892
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OWNER'S INVESTMENT 0 PY RECLASS TO REFUNDABLE ADVANCE 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
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