Efficiency Valuation Organization
- Assets
- $403.7k
- Revenue
- $404.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/2001
- Data as of
- 12/2022
- EIN
- 91-2154725
Organization Overview
Efficiency Valuation Organization is located in Washington, DC. The organization was established in 2001. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, 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. Efficiency Valuation Organization 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 12/2022, Efficiency Valuation Organization generated $404.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $649.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EVO IS A NON-PROFIT ORGANIZATION WHOSE PRODUCTS AND SERVICES HELP PEOPLE ENGINEER AND INVEST IN ENERGY EFFICIENCY PROJECTS WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING & CERTIFICATION - EVO PROVIDES M&V (MEASUREMENT & VERIFICATION) TRAINING TAILORED TO THE NEEDS OF AN INTERNATIONAL AUDIENCE. WE OFFER A VARIETY OF INTRODUCTORY, INTERMEDIATE, AND ADVANCED TRAINING AND WORKSHOPS TO HELP M&V PROFESSIONALS STAY UP TO DATE ON THE LATEST TRENDS IN MEASUREMENT AND VERIFICATION. EVO IS THE EXCLUSIVE GLOBAL TRAINING BODY FOR THE PERFORMANCE MEASUREMENT AND VERIFICATION ANALYST (PMVA), AND FOR THE PERFORMANCE MEASUREMENT AND VERIFICATION EXPERT (PMVE) PROGRAMS. BOTH PROGRAMS WERE ESTABLISHED IN 2022 AFTER THE TERMINATION OF A PARTNERSHIP WITH ANOTHER ASSOCIATION. THE RIGHT TO USE THE PMVA TITLE IS GRANTED TO THOSE WHO DEMONSTRATE DEMONSTRATED M&V CAPABILITIES, INCLUDING A GOOD THEORETICAL UNDERSTANDING OF APPLYING THE IPMVP TO DETERMINE SAVINGS BY PASSING A FOUR-HOUR WRITTEN EXAM AND MEETING THE REQUIRED ACADEMIC AND PROFESSIONAL QUALIFICATIONS. THE RIGHT TO USE THE PMVE TITLE IS GRANTED TO THOSE WHO HAVE DEMONSTRATED ADVANCED APPLIED AND PRACTICAL EXPERTISE IN VARIOUS ASPECTS OF M&V IN ACCORDANCE WITH THE IPMVP BY PASSING A FOUR-HOUR WRITTEN EXAM AND MEETING THE REQUIRED ACADEMIC AND PROFESSIONAL QUALIFICATIONS. DURING 2022, 322 PARTICIPANTS ATTENDED 37 TRAINING SESSIONS ESTABLISHING THE NUMBER OF PMVAS TO 1178 AND THE NUMBER OF PMVE TO 12 AROUND THE WORLD.
M&V MATERIALS & SERVICES - EVO STRIVES TO SUPPORT AND PROVIDE ACCESS TO THE GLOBAL BASE OF KNOWLEDGE IN THE FIELD OF RESOURCE EFFICIENCY MEASUREMENT AND VALUATION. ENERGY EFFICIENCY PROJECTS AND PROGRAMS ARE DIFFERENT ALL OVER THE WORLD. EVO IS UNIQUELY POSITIONED TO DEVELOP AND DISSEMINATE SUCH EDUCATION TAILORED TO THE NEEDS OF DIFFERENT REGIONS. BUILDING AN INTERNATIONAL COMMUNITY IS ALSO CRITICAL TO THE GLOBAL PROMOTION OF THE EFFICIENT USE OF NATURAL RESOURCES. TO THIS END, EVO'S MULTI-NATIONAL BOARD OF DIRECTORS AND VOLUNTEER-SUPPORTED COMMITTEES PARTNER WITH LIKE-MINDED ORGANIZATIONS AROUND THE WORLD. WORKING WITH SUCH GROUPS, EVO PROVIDES OUTREACH AT NUMEROUS CONFERENCES AROUND THE WORLD AND VIA INTERNATIONAL PUBLICATIONS. THANKS TO OUR INTERNATIONAL ORGANIZATIONAL SUPPORTERS, EVO CAN CONTINUE TO PROVIDE OUR PUBLICATIONS TO INDUSTRY M&V PROFESSIONALS WORLDWIDE AND TO DEVELOP AND IMPROVE M&V PROTOCOLS AND OTHER RELATED PRODUCTS AND TECHNICAL GUIDES.
EVO WEBSITE - EVO'S WEBSITE CONTENT IS CONTINUALLY IMPROVED TO ENABLE M&V PROFESSIONALS TO AFFILIATE WITH THE FOREMOST INDUSTRY VOICE FOR NEWS AND EVENTS AND TO STAY CURRENT WITH M&V POLICY AND PRACTICES. IT PROVIDES LINKS TO ALL THE PRODUCTS & SERVICES, UPCOMING TRAINING, AND DOCUMENTS. WEBSITE SUBSCRIBERS GAIN ACCESS TO PREMIUM CONTENT, INCLUDING THE MOST CURRENT PUBLICATIONS, M&V TOOLS, AND OTHER RESOURCES. EVO'S WEBSITE HAD 85,637 VISITS IN 2022 FOR AN AVERAGE OF 235 SESSIONS PER DAY, OF WHICH 62.28% WERE FROM THE US. THE PERCENTAGE OF NEW VISITORS DURING THE YEAR WAS 83.9%.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Lister Chair | OfficerTrustee | 2 | $0 |
Thomas K Dreessen Treasurer | OfficerTrustee | 1.5 | $0 |
Laura Van Wie Mcgrory Secretary | OfficerTrustee | 1.5 | $0 |
Phil Coleman Director | Trustee | 1 | $0 |
Don Gilligan Vice Chair | OfficerTrustee | 1 | $0 |
Denis Tanguay Executive Director | Trustee | 40 | $136,080 |
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 | $25,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| Total Program Service Revenue | $379,182 |
| Investment income | $26 |
| 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 | $404,208 |
| 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. | $136,080 |
| Compensation of current officers, directors, key employees. | $56,378 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $111,959 |
| Fees for services: Legal | $11,467 |
| Fees for services: Accounting | $21,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,302 |
| Advertising and promotion | $0 |
| Office expenses | $4,266 |
| Information technology | $205,281 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $125 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,188 |
| Interest | $121 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86 |
| Insurance | $1,756 |
| All other expenses | $315 |
| Total functional expenses | $649,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $275,493 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $87,960 |
| 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 | $36,695 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,549 |
| Other assets | $0 |
| Total assets | $403,697 |
| Accounts payable and accrued expenses | $146,543 |
| Grants payable | $0 |
| 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 | $146,543 |
| Net assets without donor restrictions | $257,154 |
| 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 | $403,697 |