Efficiency Forward Inc
- Assets
- $5.9m
- Revenue
- $9.7m
- Investments
- $0.0
- Employees
- 25
- Location
- Medford, MA
- Founding
- 03/1998
- Data as of
- 12/2021
- 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 12/2021, Efficiency Forward Inc employed 25 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 12/2021, Efficiency Forward Inc generated $9.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $9.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 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
2021
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 LIGHTING PRODUCTS. THE LIST PROMOTES ENERGY EFFICIENCY BY DISTINGUISHING QUALITY, HIGH-PERFORMANCE LED PRODUCTS.
DLC HORTICULTURAL LIGHTING PROGRAM - A SUITE OF TOOLS AND RESOURCES TO ENABLE WIDESPREAD ADOPTION OF ENERGY-SAVING LED TECHNOLOGY IN THE HORTICULTURAL LIGHTING SECTOR. WORKING IN PARTNERSHIP WITH UTILITIES, ENERGY EFFICIENCY PROGRAMS, AND THE LIGHTING INDUSTRY, THE DLC WILL BUILD, DISTRIBUTE, AND UPDATE THESE TOOLS AS THIS SECTOR CONTINUES ITS RAPID EVOLUTION.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Halfpenny Executive Director | Officer | 40 | $221,032 |
Stephen White Chief Operating Officer | Officer | 40 | $195,685 |
Dorene Maniccia Director Of Strategic Market Development | 40 | $169,656 | |
Stuart Berjansky Technical Director | 40 | $159,994 | |
Liesel Whitney-Schulte Program Director | 40 | $148,230 | |
Bernadette Boudreaux Senior Technical Operations Manager | 40 | $146,812 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
D&r International Ltd Energy Efficiency Consulting | 12/30/21 | $4,314,310 |
Groe Advisors Llc Consulting And Staffing Services | 12/30/21 | $222,273 |
Clifton Larson Allen Llp (Cla) Accounting Services | 12/30/21 | $105,109 |
Cohen Ventures Inc Dba Energy Solutions Energy Efficiency Consulting | 12/30/21 | $103,725 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $580,987 |
| 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 | $580,987 |
| Total Program Service Revenue | $9,133,076 |
| Investment income | $8,521 |
| 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 | $9,722,584 |
| 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. | $521,338 |
| Compensation of current officers, directors, key employees. | $193,294 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,307,062 |
| Pension plan accruals and contributions | $120,418 |
| Other employee benefits | $262,826 |
| Payroll taxes | $196,619 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,675 |
| Fees for services: Accounting | $168,188 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,168,394 |
| Advertising and promotion | $0 |
| Office expenses | $4,289 |
| Information technology | $45,933 |
| Royalties | $0 |
| Occupancy | $80,168 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,792 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $244,978 |
| Insurance | $22,627 |
| All other expenses | $0 |
| Total functional expenses | $9,845,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,754 |
| Savings and temporary cash investments | $4,423,669 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $269,235 |
| 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 | $87,524 |
| Net Land, buildings, and equipment | $1,106,515 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $5,907,697 |
| Accounts payable and accrued expenses | $1,067,801 |
| Grants payable | $0 |
| Deferred revenue | $340,398 |
| 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 | $1,408,199 |
| Net assets without donor restrictions | $4,499,498 |
| 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 | $5,907,697 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Efficiency Forward Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Energy Federation Inc Marlborough, MA PURPOSE: TO SUPPORT EE EFFORTS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Efficiency Forward Inc Medford, MA | $5,907,697 | $9,722,584 |
Center For Ecotechnology Inc Dalton, MA | $5,279,642 | $8,781,564 |
New York City Energy Efficiency Corporation New York, NY | $49,730,328 | $4,961,348 |
Environment Next Inc East Aurora, NY | $24,217,627 | $8,709,351 |
E4thefuture Framingham, MA | $19,416,406 | $1,363,963 |
Northeast Energy Efficiency Partnerships Inc Lexington, MA | $4,479,644 | $4,251,266 |
Deploy-Us Inc Boston, MA | $2,976,414 | $4,253,205 |
Interstate Renewable Energy Council Albany, NY | $3,755,320 | $4,093,970 |
National Wind Technology Consortium Albany, NY | $2,138,543 | $2,465,652 |
Sustainable Westchester Inc Mount Kisco, NY | $1,228,571 | $2,221,583 |
Ct Energy Efficiency Finance Company Wallingford, CT | $31,376,101 | $1,991,460 |
Clean Energy States Alliance Inc Montpelier, VT | $1,022,746 | $1,229,033 |