Efficiency Forward Inc
- Assets
- $6.1m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 28
- Location
- Medford, MA
- Founding
- 03/1998
- Data as of
- 12/2023
- EIN
- 04-3323169
Organization Overview
Efficiency Forward Inc is located in Medford, MA. The organization was established in 1998. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2023, Efficiency Forward Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Efficiency Forward Inc 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, Efficiency Forward Inc generated $9.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $9.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 8 years. 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
EFFICIENCY FORWARD, INC. IS A NON-PROFIT THAT ADMINISTERS AND RUNS THE DLC.THE DESIGNLIGHTS CONSORTIUM (DLC) IS A NON-PROFIT ORGANIZATION WITH A MISSION TO ACHIEVE ENERGY OPTIMIZATION BY ENABLING CONTROLLABILITY WITH A FOCUS ON QUALITY, PEOPLE, AND THE ENVIRONMENT.AS A NON-PROFIT, THE DLC IS COMMITED TO IMPROVING ENERGY EFFICIENCY FOR COMMERCIAL LIGHTING THROUGHOUT NORTH AMERICA, AND TO MAKING A POSITIVE CLIMATE IMPACT WORLDWIDE. IT'S OUR GOAL TO PROVIDE A TRUSTED, IMPARTIAL ASSESSMENT OF THE INDUSTRY'S HIGHEST PERFORMING LIGHTING PRODUCTS AND SYSTEMS TO BOOST CONSUMER TRUST AND ADOPTION OF THE TECHNOLOGIES THAT SAVE THE MOST ENERGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DESIGNLIGHTS CONSORTIUM (DLC) SOLID-STATE LIGHTING QUALIFIED PRODUCT LIST (QPL) - THE DLC'S SOLID-STATE LIGHTING QPL IS THE INDUSTRY'S LARGEST VERIFIED LIST OF HIGH PERFORMING LED LIGHTINGPRODUCTS. THE LIST PROMOTES ENERGY EFFICIENCY BY DISTINGUISHING QUALITY, HIGH-PERFORMANCE LED PRODUCTS. LUNA WAS ADDED IN 2022 TO SUPPORT RESPONSIBLE LIGHT AT NIGHT PRODUCT QUALIFICATIONS.
DLC NETWORKED LIGHTING CONTROLS (NLC) PROGRAM - THE DLC'S NLC PROGRAM IS A SUITE OF TOOLS AND RESOURCES THAT SUPPORT ENERGY EFFICIENCY ADMINISTRATORS AND OTHER STAKEHOLDERS TO ENABLE THE WIDESPREAD ADOPTION OF NLC WITH THE EFFECT OF SIGNIFICANTLY REDUCING ENERGY USE IN COMMERCIAL BUILDINGS.
DLC MEMBERS ARE STATE REGIONAL, AND UTILITY ENERGY EFFICIENCY PROGRAMS THROUGHOUT THE UNITED STATES AND CANADA. MEMBERS ARE INTEGRAL TO THE SUCCESS OF THE DLC. OUR MEMBERS PROVIDE EXPERTISE AND INSIGHT INTO POLICY AND SPECIFICATION DEVELOPMENT PROCESSES AND ON TOPICS RELATED TO QUALITY, PERFORMANCE, ENERGY EFFICIENCY, AND LIGHTING MARKET TRANSFORMATION. IN RETURN, DLC MEMBERS USE DLC RESOURCES TO IMPROVE THEIR EFFICIENCY INCENTIVE PROGRAMS, MEET THEIR ENERGY SAVINGS GOALS, AND PROVIDE PRODUCT QUALITY AND PERFORMANCE ASSURANCE TO THEIR CUSTOMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Halfpenny Executive Director | Officer | 40 | $242,337 |
Stephen White Chief Operating Officer | Officer | 40 | $198,928 |
Jason Jeunnette Technical Manager | 40 | $115,871 | |
Stuart Berjansky Technical Director | 40 | $169,989 | |
Liesel Whitney-Schulte Program Director | 40 | $119,477 | |
Levin Nock Program Director | 40 | $135,454 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
D&r International Ltd Energy Efficiency Consulting | 12/30/23 | $3,208,670 |
Sitation Llc Consulting Services - It | 12/30/23 | $299,914 |
Clifton Larson Allen Llp (Cla) Accounting Services | 12/30/23 | $228,928 |
Visual Net Design Lc (Vnd) Consulting Services - It | 12/30/23 | $207,494 |
Salsify Inc Consulting Services - Pxm Subscription S | 12/30/23 | $201,746 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $318,409 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,409 |
| Total Program Service Revenue | $8,946,516 |
| Investment income | $140,126 |
| 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 | $9,405,051 |
| 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. | $523,024 |
| Compensation of current officers, directors, key employees. | $193,217 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,314,209 |
| Pension plan accruals and contributions | $107,746 |
| Other employee benefits | $203,788 |
| Payroll taxes | $213,073 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99,115 |
| Fees for services: Accounting | $170,701 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,075,922 |
| Advertising and promotion | $0 |
| Office expenses | $52 |
| Information technology | $61,100 |
| Royalties | $0 |
| Occupancy | $74,742 |
| Travel | $73,930 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $152,947 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $360,770 |
| Insurance | $25,323 |
| All other expenses | $10 |
| Total functional expenses | $9,308,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,161 |
| Savings and temporary cash investments | $4,823,393 |
| Pledges and grants receivable | $318,409 |
| Accounts receivable, net | $239,423 |
| 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 | $89,972 |
| Net Land, buildings, and equipment | $356,933 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $260,416 |
| Total assets | $6,092,707 |
| Accounts payable and accrued expenses | $796,832 |
| Grants payable | $0 |
| Deferred revenue | $259,774 |
| 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 | $251,220 |
| Total liabilities | $1,307,826 |
| Net assets without donor restrictions | $4,784,881 |
| Net assets with donor restrictions | $0 |
| 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 | $6,092,707 |