E4thefuture
- Assets
- $10.7m
- Revenue
- $2.9m
- Investments
- $412.2k
- Employees
- 19
- Location
- Franklin, MA
- Founding
- 12/1993
- Data as of
- 12/2023
- EIN
- 22-2547170
Organization Overview
E4thefuture is located in Franklin, MA. The organization was established in 1993. 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, E4thefuture employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. E4thefuture 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, E4thefuture generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $3.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, E4thefuture has awarded 127 individual grants totaling $10,122,388. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
E4THEFUTURE'S MISSION IS TO PROMOTE RESIDENTIAL CLEAN ENERGY AND SUSTAINABLE RESOURCE SOLUTIONS TO ADVANCE CLIMATE PROTECTION AND ECONOMIC FAIRNESS BY INFLUENCING FEDERAL, STATE AND LOCAL POLICIES, AND BY HELPING TO BUILD A RESILIENT AND VIBRANT ENERGY EFFICIENCY AND CLEAN ENERGY SECTOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY CLEAN ENERGY PROJECT (CCEP)THE PURPOSE OF THE PROJECT IS TO DEVELOP CLEAN ENERGY PROGRAMS AND PILOTS TO PROVIDE DISADVANTAGED COMMUNITIES WITH EQUITABLE ACCESS TO CLEAN ENERGY. A MAJORITY OF THESE PROJECTS FOCUS ON REDUCING GREEN HOUSE GAS EMMISSIONS THROUGH TRANSPORTATION ELECTRIFICATION AND SHARED MOBILITY IN ENVIRONMENTAL JUSTICE COMMUNITITES.
FEDERAL AND STATE POLICY SUPPORTSUPPORT SELECTED FEDERAL AND STATE STATE-LEVEL CAMPAIGNS WHERE THE RESIDENTIAL CLEAN ENERGY POLICY ENVIRONMENT IS AT RISK OR CAN BE SIGNIFICANTLY ADVANCED. FOCUS E4THEFUTURE RESOURCES AND LEADERSHIP ON STATES IN WHICH IT CAN HAVE A SIGNIFICANT IMPACT ON POLICY.
STRENGTHEN THE INDUSTRYPROVIDE LEADERSHIP TO DRIVE COLLABORATION AMONG INDUSTRY PARTICIPANTS. DEVELOP STANDARDS TO IMPROVE THE PROCESS IN WHICH UTILITY CUSTOMER-FUNDED ELECTRICITY AND NATURAL GAS ENERGY EFFICIENCY RESOURCES ARE ASSESSED FOR COST-EFFECTIVENESS AND COMPARED TO OTHER RESOURCE INVESTMENTS. IMPROVE EFFICIENCY SCREENING PRACTICES THROUGHOUT THE UNITED STATES. SUPPORT THE DEVELOPMENT OF RESEARCH TO ASSESS THE HEALTH IMPACTS OF ENERGY EFFICIENCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Cowell Former President | 0 | $282,795 | |
Paula Mcnulty Deputy Director/ Secretary And Clerk | Officer | 40 | $185,028 |
Patricia Stanton Executive Director | Officer | 40 | $212,405 |
Julie Michals Director Of Valuation | 40 | $170,850 | |
Susan Buchan Executive Dir. Of Good2go (as Of 5/23) | Officer | 40 | $183,333 |
David O'connor President/ Chair | OfficerTrustee | 1 | $6,800 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Synapse Energy Economics Inc Energy Research | 12/30/23 | $181,365 |
Anndyl Policy Group Llc Consulting Services | 12/30/23 | $166,274 |
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 | $248,660 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $248,660 |
| Total Program Service Revenue | $81,446 |
| Investment income | $227,688 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,353,060 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,923,733 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $736,501 |
| 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. | $462,716 |
| Compensation of current officers, directors, key employees. | $94,502 |
| Compensation to disqualified persons | $293,863 |
| Other salaries and wages | $722,971 |
| Pension plan accruals and contributions | $21,040 |
| Other employee benefits | $36,691 |
| Payroll taxes | $87,973 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,026 |
| Fees for services: Accounting | $23,513 |
| Fees for services: Lobbying | $5,650 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $79,932 |
| Fees for services: Other | $662,296 |
| Advertising and promotion | $3,132 |
| Office expenses | $40,415 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $113,934 |
| Travel | $42,655 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,326 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,004 |
| Insurance | $25,933 |
| All other expenses | $0 |
| Total functional expenses | $3,700,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,914 |
| Savings and temporary cash investments | $1,251,902 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $85,894 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $56,874 |
| Net Land, buildings, and equipment | $177,267 |
| Investments—publicly traded securities | $8,632,585 |
| Investments—other securities | $412,161 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,694,597 |
| Accounts payable and accrued expenses | $503,292 |
| Grants payable | $75,000 |
| Deferred revenue | $0 |
| 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 | $578,292 |
| Net assets without donor restrictions | $9,916,305 |
| Net assets with donor restrictions | $200,000 |
| 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 | $10,694,597 |
Grants Awarded
Over the last fiscal year, E4thefuture has awarded $736,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BW RESEARCH PURPOSE: TO PROVIDE DETAILED DATA ON JOB LOSSES IN ENERGY EFFICIENCY IN THE UNITED STATES | $25,000 |
AMERICAN COUNCIL FOR AN ENERGY-EFFICIENT ECONOMY PURPOSE: FUNDING WILL SUPPORTOUTREACH TO VARIOUS STATE AGENCIES ON ADOPTING REGULATORY OPTIONS FOR REDUCING ENERGY BURDENS | $90,000 |
ENVIRONMENTAL LEAGUE OF MASSACHUSETTS PURPOSE: FUNDING WOULD SUPPORT GRANTEE'S CAPACITY TO ADVOCATE FOR MORE RESPONSIBLY DEVELOPED OFFSHORE WIND IN MASSACHUSETTS; PILOT NOVEL MODELS FOR INCREASING MINORITY ECONOMIC PARTICIPATION IN OFFSHORE WIND AND; LEAD THE NEW ENGLAND FOR OFFSHORE WIND COALITION. | $10,000 |
NORTHEAST CLEAN ENERGY COUNCIL PURPOSE: TO INTERVENE IN THE MASS DPU PROCEEDINGS RELATED TO ELECTRIC PROGRAM ADMINISTRATORS 3 YEAR EE PLANS FOR MEMBERS-AMENDMENT ADD FUNDS. | $90,000 |
NATIONAL ASSOCIATON OF STATE ENERGY OFFICIALS PURPOSE: TO SUPPORT EDUCATIONAL SESSIONS ON THE IMPORTANCE OF ENERGY CONSERVATION AND CLEAN ENERGY TO HEALTH AND WEALTH IN THE COMMUNITY. | $80,000 |
ADVANCED ENERGY ECONOMY INSTITUTE PURPOSE: TO CONDUCT REGULATORY OUTREACH AND LEGISLATIVE EDUCATION TO SUPPORT STATE EFFORTS TO ACHIEVE AGGRESSIVE ADVANCED ENERGY INVESTMENT AND CARBON REDUCTION GOALS | $96,500 |