Electrification Coalition Foundation
- Assets
- $2.2m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 01-0927327
Organization Overview
Electrification Coalition Foundation is located in Washington, DC. The organization was established in 2010. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electrification Coalition Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Electrification Coalition Foundation generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $4.2m during the year ending 12/2023. While expenses have increased by 24.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE ELECTRIC VEHICLE DEPLOYMENT TO COMBAT ECONOMIC/ENVIRONMENTAL/SECURITY RISKS FROM OIL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLICY GUIDANCE - THE EC IDENTIFIES AND EDUCATES OTHERS ON THE OPPORTUNITIES TO ADVANCE FUNDING AND PROGRAMMING FOR ELECTRIC VEHICLES AND CHARGING INFRASTRUCTURE AT THE FEDERAL, STATE, AND LOCAL LEVELS. THESE POLICY OPTIONS ADDRESS TRANSPORTATION ELECTRIFICATION ACROSS A SPECTRUM OF APPLICATIONS INCLUDING LIGHT-, MEDIUM-, AND HEAVY-DUTY VEHICLES, FREIGHT, AND PORT ELECTRIFICATION. WE ALSO COORDINATE WITH OTHER PARTNERS AND ORGANIZATIONS TO UNDERSTAND THE OPPORTUNITIES AND PATHWAYS TO SCALE EV ADOPTION.
IMPLEMENTATION TECHNICAL ASSISTANCE - THE EC CONSULTS, PROVIDES GUIDANCE AND MAKES RECOMMENDATIONS TO PARTNERS WHO ARE NAVIGATING DECISIONS REGARDING EV AND CHARGING INVESTMENTS. WE PERFORM FLEET ASSESSMENTS, DEVELOP TRANSPORTATION ELECTRIFICATION ROADMAPS USING OUR DASHBOARD FOR RAPID VEHICLE ELECTRIFICATION, OR DRVE TOOL. WE ALSO ASSIST PARTNERS IN IDENTIFYING OPTIONS FOR FINANCING AND PROCUREMENT USING THE EV FUNDING FINDER AND THE CLIMATE MAYORS PURCHASING COLLABORATIVE, AN AGGREGATED PROCUREMENT PROGRAM.
EDUCATION - THE EC DEVELOPS MESSAGING AND RESOURCES TO INFORM THE GENERAL PUBLIC, INFLUENTIAL LEADERS AND KEY DECISION MAKERS ON THE NATIONAL AND ECONOMIC SECURITY, SOCIETAL AND ENVIRONMENTAL BENEFITS OF MASS SCALE TRANSPORTATION ELECTRIFICATION. WE DO THIS THROUGH WRITTEN REPORTS, FACTSHEETS, PRESENTATIONS, WEBINARS, DISCUSSION FORUMS, EARNED MEDIA, AND EVENTS.PROJECT AND PROGRAM MANAGEMENT - THE EC PROPOSES CONCEPTS, SECURES FUNDING, AND MANAGES TASKS AND DELIVERABLES FOR PROJECTS AND PROGRAMS RELATED TO EVS AND CHARGING INFRASTRUCTURE. WE DO THIS INDEPENDENTLY AND IN COORDINATION WITH OTHER ORGANIZATIONS.
STAKEHOLDER ENGAGEMENT - THE EC HOSTS A NUMBER OF INDUSTRY OR PEER ENGAGEMENT FORUMS TO COLLABORATE AND ADVANCE TRANSPORTATION ELECTRIFICATION LEARNINGS. THIS INCLUDES THE ELECTRIFICATION COALITION BUSINESS COUNCIL, ELECTRIC FREIGHT CONSORTIUM, PORT ELECTRIFICATION NETWORK, AND STATE FLEET ELECTRIFICATION COHORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raphael Diamond President & CEO | OfficerTrustee | 19 | $41,673 |
Lance Bultena Chairman | OfficerTrustee | 1 | $0 |
Barry Caldwell Board Director | Trustee | 1 | $0 |
Amy Malaki Board Director | Trustee | 1 | $0 |
Patricia Monahan Board Director | Trustee | 1 | $0 |
General Charles F Wald Usaf (ret.), Board Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,822,319 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,822,319 |
| Total Program Service Revenue | $293,274 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,115,630 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $377,708 |
| Compensation of current officers, directors, key employees. | $144,604 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,070,130 |
| Pension plan accruals and contributions | $57,784 |
| Other employee benefits | $158,481 |
| Payroll taxes | $178,217 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,513 |
| Fees for services: Accounting | $99,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $512,420 |
| Advertising and promotion | $149,697 |
| Office expenses | $34,348 |
| Information technology | $51,209 |
| Royalties | $0 |
| Occupancy | $160,473 |
| Travel | $165,962 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,807 |
| Interest | $6,416 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,440 |
| Insurance | $33,916 |
| All other expenses | $0 |
| Total functional expenses | $4,202,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $668,690 |
| Savings and temporary cash investments | $10,558 |
| Pledges and grants receivable | $407,943 |
| Accounts receivable, net | $103,399 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,768 |
| Net Land, buildings, and equipment | $10,059 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $941,786 |
| Total assets | $2,168,203 |
| Accounts payable and accrued expenses | $104,703 |
| Grants payable | $0 |
| Deferred revenue | $14,825 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $119,528 |
| Net assets without donor restrictions | -$135,988 |
| Net assets with donor restrictions | $2,184,663 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,168,203 |