Civic Intelligence

Microgrid Resources Coalition

990 • Fiscal year 2022 • EIN 87-1531742

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 16, 2024

Organization Profilehttps: microgridresources.org
700 Pennsylvania Ave SE Suite 420Washington, DC 20003

(415) 971-1338

Siviq Scores

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

Liabilities / Assets

80th percentile

0.10x

Higher debt load relative to assets than 80% of similar nonprofits.

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

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

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

Net Margin

63rd percentile

14%

Higher net margin than 63% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

78th percentile

32%

Faster asset growth than 78% of similar nonprofits.

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

Revenue Growth

69th percentile

40%

Faster revenue growth than 69% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$112,743

Up $27,583 (+32%) from 2021

Net Assets

Up

$101,243

Up $29,013 (+40%) from 2021

Liabilities

Down

$11,500

Down $1,430 (-11%) from 2021

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin63rd percentile

Revenue

Up

$210,000

Up $60,000 (+40%) from 2021

Expenses

Up

$180,987

Up $103,217 (+133%) from 2021

Net Income

Down

$29,013

Down $43,217 (-60%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$150K$100K$50K$0-$50KAssets 2021: $85,160Liabilities 2021: $12,930Net Assets 2021: $72,2302021Assets 2022: $112,743Liabilities 2022: $11,500Net Assets 2022: $101,2432022Assets 2023: $27,156Liabilities 2023: $66,303Net Assets 2023: -$39,1472023Assets 2024: $43,613Liabilities 2024: $19,907Net Assets 2024: $23,7062024

Highlighted filing

2022

Assets$112,743
Liabilities$11,500
Net Assets$101,243
Open 2022 Filing

Operations Trend

Revenue Growth69th percentile

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

$400K$200K$0-$200KRevenue 2021: $150,000Expenses 2021: $77,770Net Income 2021: $72,2302021Revenue 2022: $210,000Expenses 2022: $180,987Net Income 2022: $29,0132022Revenue 2023: $216,127Expenses 2023: $356,517Net Income 2023: -$140,3902023Revenue 2024: $186,714Expenses 2024: $123,861Net Income 2024: $62,8532024

Highlighted filing

2022

Revenue$210,000
Expenses$180,987
Net Income$29,013
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 16, 2024
Return Version
2022v5.0
Gross Receipts
$210,000
Mission and Program Overview

Mission

The mrc is a national association of leading microgrid owners, operators, developers, suppliers, and investors seeking to advance microgrids through education, policy advocacy and market development activities that ensure market access, fair compensation for services, and a level playing field for deployment and operations.

MRC is a national association of leading microgrid owners operators developers suppliers and investors seeking to advance microgrids through education policy advocacy and market development activities that ensure market access fair compensation for services and a level playing field for deployment and operations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$85,160$87,743▲ $2,583
Accounts Receivable$0$25,000▲ $25,000
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$85,160$112,743▲ $27,583
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$12,930$11,500▼ $1,430
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$12,930$11,500▼ $1,430
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$72,230$101,243▲ $29,013
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$72,230$101,243▲ $29,013
Total Liabilities and Net Assets / Fund Balance$85,160$112,743▲ $27,583
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Jeff MorrisChairman
Charlie FoxBoard Member
Erica DahlBoard Member
Jennifer ChamberlinBoard member
Meghan NuttingBoard Member
Mike WebsterBoard Member
Tom NyquistBoard Member
Pierson StoeckleinExecutive Director
Serj BerelsonSecretary
Craig PerkinsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Reimagine PowerPolicy consulting77 Sala Terrace, San Francisco, CA 94112-3649$101,230
Revenue and Support

Revenue Composition

Contributions and Grants
$210,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$29,013
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,987
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$63,280$5,330$0$68,610
Fees for Services Lobbying$43,200$0$0$43,200
Fees for Services Legal$0$42,000$0$42,000
Fees for Services Management$0$12,314$0$12,314
Advertising$9,950$1,823$0$11,773
Fees for Services Accounting$0$2,450$0$2,450
Office Expenses$0$560$0$560
Information Technology$0$80$0$80
Total Functional Expenses$116,430$64,557$0$180,987
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-ExDir=partner at PPAConsulting services providedNo$10,500

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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

Part VI, Line 6

“The organization is a non-profit corporation not a stock nor joint-stock corporation that has two classes of members. There are Full Members who have all rights of membership including voting rights and there are Associate Members who have no voting rights.”

Part VI, Line 7A

“Any member may nominate a Board candidate for election by the Membership each year at the annual meeting. Each member that pays membership fees at the highest level set by the Board shall be entitled to a seat on the Board.”

Part VI, Line 8A

“There are no committees.”

Part VI, Line 11A

“The draft 990 is provided to the Executive Director and the Treasurer who review and approve the return for filing. Once the 990 is finalized it is made available to the governing body.”

Part VI, Line 11B

“The draft 990 is provided to the Executive Director and the Treasurer who review and approve the return for filing. Once the 990 is finalized it is made available to the governing body.”

Part VI, Line 19

“Anyone may request the 1024 and 990 filings by email or phone and copies will be provided.”

Filing and Contact Details

Filer

Filer Name
Microgrid Resources Coalition
EIN
87-1531742
In Care Of
% Pierson Stoecklein
Phone
4159711338
Address
700 PENNSYLVANIA AVE SE SUITE 420, Washington, DC 20003

Signing Officer

Name
Pierson Stoeklein
Title
Executive Director
Signed
2024-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pierson Stoecklein
Formed
2021
Legal Domicile
Dc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
wepac LLC
Address
454 Las Gallinas Ave PMB 282, San Rafael, CA 94903
Preparer
Nancy Warren
Supplemental Narrative

Additional Explanations

Part IX, Line 11G

“Line 11g Policy & regulatory consultants $111,730 and Business registration fee $80”

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IRS990/MissionDesc0MRC is a national association of leading microgrid owners operators developers suppliers and investors seeking to advance microgrids through education policy advocacy and market development activities that ensure market access fair compensation for services and a level playing field for deployment and operations.
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Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$112,743
Liabilities
$11,500
Net assets
$101,243
Revenue
$210,000
Expenses
$180,987
Net income
$29,013
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.44$0.20$0.24$1.87$1.24$0.63
2023Detailed filing. Detailed filing data is available for this year.$0.27$0.66$0.39$2.16$3.57$1.40
2022Detailed filing. Detailed filing data is available for this year.$1.13$0.12$1.01$2.10$1.81$0.29
2021Detailed filing. Detailed filing data is available for this year.$0.85$0.13$0.72$1.50$0.78$0.72