Civic Intelligence

Clean Energy Works Inc

990 • Fiscal year 2017 • EIN 90-0586696

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

367 CervantesLake Oswego, OR 97035

(503) 490-3014

Siviq Scores

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

Liabilities / Assets

75th percentile

0.38x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

89th percentile

1.52x

Higher debt load relative to revenue than 89% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

1st percentile

-250%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

89th percentile

$186,112

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 28.1% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

3rd percentile

-35%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-80%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,646,306

Down $1,421,122 (-35%) from 2016

Net Assets

Down

$1,644,221

Down $1,068,068 (-39%) from 2016

Liabilities

Down

$1,002,085

Down $353,054 (-26%) from 2016

Revenue

Down

$661,399

Down $2,660,567 (-80%) from 2016

Expenses

Down

$2,314,467

Down $1,124,612 (-33%) from 2016

Net Income

Down

-$1,653,068

Down $1,535,955 (-1312%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $1,527,024Liabilities 2011: $1,467,923Net Assets 2011: $59,1012011Assets 2012: $8,894,715Liabilities 2012: $3,337,872Net Assets 2012: $5,556,8432012Assets 2013: $6,306,507Liabilities 2013: $2,469,277Net Assets 2013: $3,837,2302013Assets 2014: $3,466,701Liabilities 2014: $1,890,079Net Assets 2014: $1,576,6222014Assets 2015: $6,131,779Liabilities 2015: $3,302,377Net Assets 2015: $2,829,4022015Assets 2016: $4,067,428Liabilities 2016: $1,355,139Net Assets 2016: $2,712,2892016Assets 2017: $2,646,306Liabilities 2017: $1,002,085Net Assets 2017: $1,644,2212017Assets 2018: $659,796Liabilities 2018: $613,110Net Assets 2018: $46,6862018Assets 2019: $657,885Liabilities 2019: $618,532Net Assets 2019: $39,3532019Assets 2020: $628,278Liabilities 2020: $273,580Net Assets 2020: $354,6982020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2017

Assets$2,646,306
Liabilities$1,002,085
Net Assets$1,644,221

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,856,226Expenses 2011: $2,797,125Net Income 2011: $59,1012011Expenses 2012: $11,318,5972012Revenue 2013: $7,674,393Expenses 2013: $9,394,006Net Income 2013: -$1,719,6132013Revenue 2014: $3,135,999Expenses 2014: $6,219,577Net Income 2014: -$3,083,5782014Revenue 2015: $7,143,140Expenses 2015: $6,361,863Net Income 2015: $781,2772015Revenue 2016: $3,321,966Expenses 2016: $3,439,079Net Income 2016: -$117,1132016Revenue 2017: $661,399Expenses 2017: $2,314,467Net Income 2017: -$1,653,0682017Revenue 2018: $794,293Expenses 2018: $2,391,828Net Income 2018: -$1,597,5352018Revenue 2019: $3,234Expenses 2019: $10,567Net Income 2019: -$7,3332019Revenue 2020: $67Expenses 2020: $32,078Net Income 2020: -$32,0112020Revenue 2021: $6,827Expenses 2021: $361,525Net Income 2021: -$354,6982021

Highlighted filing

2017

Revenue$661,399
Expenses$2,314,467
Net Income-$1,653,068
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$661,399
Mission and Program Overview

Mission

Enhabit's mission is to advance work in energy efficiency, health and resilience through public-private partnerships, with a clear vision of transforming communities by transforming homes. In addition, enhabit seeks to create social impact through better living spaces.

Enhabit's purpose is to develop and deliver scalable and replicable services that improve energy efficiency, health and resilience, promote the use of renewable energy sources, reduce carbon emissions and create living wage jobs, including economic opportunities and career pathways for historically disadvantaged communities. Enhabit also seeks to create social impact through better living spaces.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,047,065$1,841,373▼ $1,205,692
Cash and Non-Interest-Bearing Accounts$203,600$272,575▲ $68,975
Pledges and Grants Receivable$740,891$224,527▼ $516,364
Land, Buildings, and Equipment, Net$48,702$52,063▲ $3,361
Prepaid Expenses and Deferred Charges$27,170$34,998▲ $7,828
Total Assets$4,067,428$2,646,306▼ $1,421,122
Other Assets Total$0$220,770▲ $220,770
Liabilities
Other Liabilities$1,243,902$654,810▼ $589,092
Deferred Revenue$14,000$251,270▲ $237,270
Accounts Payable and Accrued Expenses$97,237$96,005▼ $1,232
Total Liabilities$1,355,139$1,002,085▼ $353,054
Net Assets / Fund Balance
Unrestricted Net Assets$2,696,946$1,644,221▼ $1,052,725
Temporarily Rstr Net Assets$15,343$0▼ $15,343
Total Net Assets Fund Balance$2,712,289$1,644,221▼ $1,068,068
Total Liabilities and Net Assets / Fund Balance$4,067,428$2,646,306▼ $1,421,122

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$52,063$42,884$94,947
Other Assets Org$220,770--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim MillerPresident and CEOFT$163,647$22,465$186,112
Shirley CyrCFOFT$142,367$22,865$165,232
Scot DavidsonVP of Program OperationsFT$138,622$22,640$161,262
Stephanie SwansonVP CommunicationsFT$125,148$21,044$146,192

Board Members and Trustees

NameTitle
Megan OwenBoard Chair
Aaron FairchildBoard Member
Eric ParkBoard Member
Jeremy HaysBoard Member
Jules BaileyBoard Member
Lisa BatesBoard Member
Maurice RahmingTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Good Energy RetrofitHome Performance Contractor1132 SW 57TH AVE, Portland, OR 97221$262,612
Sqft StudiosBuilder Of Accessory Dwelling Unit929 NE 23RD AVE, Portland, OR 97232$129,780
Thorn Run PartnersLegal Support100 M STREET SE SUITE 750, Washington Dc, DC 20003$108,000
Home Energy Life PerformanceHome Performance Contractor10006 SW CANYON RD, Portland, OR 97225$107,262
Revenue and Support

Revenue Composition

Contributions and Grants
$7,550
Program Service Revenue
$603,194
Investment Income
$3,922
Other Revenue
$46,733
All Other Contributions
$7,550
Change in Net Assets
$-1,653,068

Audited Revenue Reconciliation

Revenue per Audited Statements
$661,399
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$585,000
Total Revenue per Audited Statements
$1,246,399
Total Revenue per Form 990
$661,399
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,415,093
Other Expenses$899,374
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$304,883$270,302-$575,185
Other Salaries and Wages$480,914$61,675-$542,589
Advertising$268,214$3,025-$271,239
Other Employee Benefits$151,622$53,245-$204,867
Occupancy$61,677$46,599-$108,276
Fees for Services Lobbying-$108,000-$108,000
Payroll Taxes$68,424$24,028-$92,452
Fees for Services Other$48,503$41,476-$89,979
Fees for Services Legal$9,435$29,078-$38,513
All Other Expenses$17,334$7,889-$25,223
Fees for Services Accounting$5,870$18,091-$23,961
Depreciation Depletion$799$19,821-$20,620
Travel$9,009$9,614-$18,623
Other Expenses$13,575$3,827-$13,575
Insurance$7,538$4,170-$11,708
Conferences and Meetings$2,318$6,374-$8,692
Office Expenses$695$6,771-$7,466
Total Functional Expenses$1,600,482$713,985$0$2,314,467

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,314,467
Total Expenses per Audited Statements$2,314,467
Total Expenses per Form 990$2,314,467
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Loss Reserve$648,670
Deferred Rent$6,140
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
Yes
Other officer compensation reviewed
Yes
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

Form 990 is provided to all board members for review and comment prior to filing.

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

The board and staff members review the conflict of interest policy annually and sign a statement acknowledging this review and documenting any potential conflicts that are identified. The board of directors identifies and addresses any potential conflicts.

Form 990, Part VI, Section B, Line 15

Enhabit contracted with an outside consulting firm to conduct a survey of salaries for the organization, and to establish a salary range for each position. Annually, an ad-hoc committee of the board of directors reviews the ceo's performance, prepares a written evaluation, and provides recommendations to the full board with respect to compensation.

Form 990, Part VI, Section C, Line 19

Governing documents will be provided upon request.

Filing and Contact Details

Filer

Filer Name
Clean Energy Works Inc
EIN
90-0586696
Phone
5034903014
Address
367 CERVANTES, LAKE OSWEGO, OR 97035
Doing Business As
Enhabit

Signing Officer

Name
Shirley Cyr
Title
CFO
Phone
5034816210
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Miller
Formed
2010
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
21
Volunteers
6

Preparer

Firm
Hoffman Stewart & Schmidt Pc
Address
3 CENTERPOINTE DRIVE SUITE 300, LAKE OSWEGO, OR 97035-3295
Preparer
Robert M Prill
Phone
5032205900
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

During 2017, enhabit contracted with multnomah county, oregon to manage a pilot project on behalf of the county to develop and construct accessory dwelling units (adu's) to be used to provide housing for homeless families.

FORM 990, PART XI, LINE 9:

Releease of loan loss reserve 585,000.

FORM 990, PART XII, LINE 2C:

The process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

Management does not believe that the organization has any uncertain tax positions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Release of loan loss reserve 585,000.

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IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP OF PROGRAM OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP COMMUNICATIONS
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IRS990/MissionDesc0ENHABIT'S MISSION IS TO ADVANCE WORK IN ENERGY EFFICIENCY, HEALTH AND RESILIENCE THROUGH PUBLIC-PRIVATE PARTNERSHIPS, WITH A CLEAR VISION OF TRANSFORMING COMMUNITIES BY TRANSFORMING HOMES. IN ADDITION, ENHABIT SEEKS TO CREATE SOCIAL IMPACT THROUGH BETTER LIVING SPACES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0DURING 2017, ENHABIT BEGAN DEVELOPING ACCESSORY DWELLING UNITS (ADU'S) UNDER A PILOT PROJECT FUNDED BY MULTNOMAH COUNTY, OREGON. ADU'S AIM TO ADDRESS THE RISING HOMELESSNESS AND AFFORDABLE HOUSING CRISIS IN PORTLAND, AND FURTHER ENHABIT'S MISSION TO CREATE SOCIAL IMPACT. UNDER THE ADU PROGRAM, PARTICIPATING HOMEOWNERS ALLOW AN ADU TO BE CONSTRUCTED ON THEIR PROPERTY IN EXCHANGE FOR PROPERTY TAX ABATEMENT AND AN OWNERSHIP INTEREST IN THE ADU. ADU'S WILL BE OCCUPIED BY FAMILIES REFERRED BY MULTNOMAH COUNTY FOR FIVE YEARS, AT WHICH POINT THE HOMEOWNER WILL HAVE UNRESTRICTED USE OF THE ADU.
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IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt02314467
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt0108000

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