Skip to content
Nonprofiteer
← E4THEFUTURE INC

Form 990 for tax year 2023

Filed by E4THEFUTURE INC.

Totals

Total revenue
$2,923,733
Total expenses
$3,700,285
Contributions and grants received
$248,660
Grants paid
$736,501
Program service revenue
$81,446
Investment income
$2,580,748
Other revenue
$12,879
Total assets, end of year
$10,694,597
Total liabilities, end of year
$578,292
Net assets or fund balances, end of year
$10,116,305
Program services expenses (Part IX)
$3,041,303
Management and general expenses
$658,982
Fundraising expenses
$0
Program service expenses (Part III)
$3,041,303

Program services were 82.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $248,660

  • 2a · Program service revenue: CONTRACT REVENUE

    total $41,443 · related or exempt $41,443

  • 2b · Program service revenue: G2G RIDESHARE REVENUE

    total $40,003 · related or exempt $40,003

  • 3 · Investment income

    total $227,688 · excluded $227,688

  • 7a · Gross sales of assets other than inventory

    securities $15,746,063

  • 7b · Less cost or other basis and sales expenses

    securities $13,393,003

  • 7c · Gain or loss

    securities $2,353,060

  • 7d · Net gain or loss

    total $2,353,060 · excluded $2,353,060

  • 11a · Other revenue: OTHER INCOME

    total $12,879 · excluded $12,879

  • 11e · Other revenue, total

    $12,879

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $736,501 · program services $736,501

  • 5 · Compensation of officers, directors and key employees

    total $462,716 · program services $368,214 · management and general $94,502

  • 6 · Compensation of disqualified persons

    total $293,863 · program services $244,853 · management and general $49,010

  • 7 · Other salaries and wages

    total $722,971 · program services $593,039 · management and general $129,932

  • 8 · Pension plan contributions

    total $21,040 · program services $17,531 · management and general $3,509

  • 9 · Other employee benefits

    total $36,691 · program services $30,572 · management and general $6,119

  • 10 · Payroll taxes

    total $87,973 · program services $73,301 · management and general $14,672

  • 11b · Fees: legal

    total $31,026 · program services $3,745 · management and general $27,281

  • 11c · Fees: accounting

    total $23,513 · management and general $23,513

  • 11d · Fees: lobbying

    total $5,650 · program services $5,650

  • 11f · Fees: investment management

    total $79,932 · management and general $79,932

  • 11g · Fees: other

    total $662,296 · program services $584,546 · management and general $77,750

  • 12 · Advertising and promotion

    total $3,132 · program services $3,132

  • 13 · Office expenses

    total $40,415 · program services $10,677 · management and general $29,738

  • 16 · Occupancy

    total $113,934 · program services $19,105 · management and general $94,829

  • 17 · Travel

    total $42,655 · program services $42,655

  • 19 · Conferences, conventions and meetings

    total $8,326 · program services $8,326

  • 22 · Depreciation, depletion and amortization

    total $39,004 · program services $38,793 · management and general $211

  • 23 · Insurance

    total $25,933 · program services $5,110 · management and general $20,823

  • 24a · Other expenses: MEMBERSHIPS AND SPONSOR

    total $139,914 · program services $139,914

  • 24b · Other expenses: VEHICLE

    total $114,031 · program services $114,031

  • 24c · Other expenses: LICENSE AND FEES

    total $6,184 · management and general $6,184

  • 24d · Other expenses: MISCELLANEOUS

    total $2,585 · program services $1,608 · management and general $977

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $40,895 · end of year $77,914

  • 2 · Savings and temporary cash investments

    beginning of year $357,306 · end of year $1,251,902

  • 7 · Other notes and loans receivable

    beginning of year $98,001 · end of year $85,894

  • 9 · Prepaid expenses and deferred charges

    beginning of year $67,398 · end of year $56,874

  • 10a · Land, buildings and equipment: cost or other basis

    $351,735

  • 10b · Land, buildings and equipment: accumulated depreciation

    $174,468

  • 10c · Land, buildings and equipment, net

    beginning of year $211 · end of year $177,267

  • 11 · Investments: publicly traded securities

    beginning of year $12,295,092 · end of year $8,632,585

  • 12 · Investments: other securities

    beginning of year $457,875 · end of year $412,161

  • 15 · Other assets

    beginning of year $320,843 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $758,315 · end of year $503,292

  • 18 · Grants payable

    end of year $75,000

  • 25 · Other liabilities

    beginning of year $322,664 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $12,474,859 · end of year $9,916,305

  • 28 · Net assets with donor restrictions

    beginning of year $81,783 · end of year $200,000

Mission and programs · 2023

Mission

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.

  • 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.

    Expenses $920,295 · Grants $736,501 · Revenue $81,446

  • 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.

    Expenses $1,303,545

  • 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.

    Expenses $817,463

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • STEPHEN COWELL

    FORMER PRESIDENT

    Total calculated
    $293,863
    From this org
    $282,795
    From related orgs
    $0
    Other
    $11,068
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $282,795
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,068
    Filer's total
    $293,863

  • PAULA MCNULTY

    DEPUTY DIRECTOR/ SECRETARY AND CLERK

    Total calculated
    $221,545
    From this org
    $185,028
    From related orgs
    $0
    Other
    $36,517
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,028
    Bonus
    $0
    Other
    $0
    Deferred
    $3,437
    Nontaxable benefits
    $33,080
    Filer's total
    $221,545

  • PATRICIA STANTON

    EXECUTIVE DIRECTOR

    Total calculated
    $220,371
    From this org
    $212,405
    From related orgs
    $0
    Other
    $7,966
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,405
    Bonus
    $0
    Other
    $0
    Deferred
    $7,272
    Nontaxable benefits
    $694
    Filer's total
    $220,371

  • JULIE MICHALS

    DIRECTOR OF VALUATION

    Total calculated
    $197,956
    From this org
    $170,850
    From related orgs
    $0
    Other
    $27,106
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,850
    Bonus
    $0
    Other
    $0
    Deferred
    $5,491
    Nontaxable benefits
    $21,615
    Filer's total
    $197,956

  • SUSAN BUCHAN

    EXECUTIVE DIR. OF GOOD2GO (AS OF 5/23)

    Total calculated
    $189,807
    From this org
    $183,333
    From related orgs
    $0
    Other
    $6,474
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,333
    Bonus
    $0
    Other
    $0
    Deferred
    $5,493
    Nontaxable benefits
    $981
    Filer's total
    $189,807

  • DAVID O'CONNOR

    PRESIDENT/ CHAIR

    Total calculated
    $6,800
    From this org
    $6,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • BRAD STEELE

    TREASURER/DIRECTOR

    Total calculated
    $2,800
    From this org
    $2,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • MARK FARBER

    DIRECTOR

    Total calculated
    $2,800
    From this org
    $2,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • MARY BETH GENTLEMAN

    DIRECTOR

    Total calculated
    $2,800
    From this org
    $2,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • JULIE FOX GORTE

    DIRECTOR

    Total calculated
    $2,800
    From this org
    $2,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • LYNN STEIN

    DIRECTOR

    Total calculated
    $2,800
    From this org
    $2,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
STEPHEN COWELL, FORMER PRESIDENT, RECEIVED $293,863 IN SEVERANCE PAYMENTS DURING 2023 FROM E4THEFUTURE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • ALTERNATIVES FOR COMMUNITY EDUCATION (ACE)

    $215,000

    ADVOCATE FOR A MORE EQUITABLE AND JUST REGIONAL GREENHOUSE GAS INITIATIVE AND TO ADDRESS THE INEQUITY OF THE PROGRAM AS CURRENTLY STRUCTURED AND FUNDS WILL BE USED TO INTEGRATE SITING JUSTICE INTO STATE POLICY AND PROCEDURE

  • ADVANCED ENERGY ECONOMY INSTITUTE

    $96,500

    TO CONDUCT REGULATORY OUTREACH AND LEGISLATIVE EDUCATION TO SUPPORT STATE EFFORTS TO ACHIEVE AGGRESSIVE ADVANCED ENERGY INVESTMENT AND CARBON REDUCTION GOALS

  • AMERICAN COUNCIL FOR AN ENERGY-EFFICIENT ECONOMY

    $90,000

    FUNDING WILL SUPPORTOUTREACH TO VARIOUS STATE AGENCIES ON ADOPTING REGULATORY OPTIONS FOR REDUCING ENERGY BURDENS

  • HOME PERFORMANCE COALITION

    $90,000

    WORK IN PREVIOUSLY UNDERSERVED STATES TO ORGANIZE AND COORDINATE THE ENERGY EFFICIENCY RESOURCES SERVING THOSE STATES AND ALIGN THEM WITH THE MISSION OF THE ASSOCIATION AND ITS ALLIED PARTNERS

  • NORTHEAST CLEAN ENERGY COUNCIL

    $90,000

    TO INTERVENE IN THE MASS DPU PROCEEDINGS RELATED TO ELECTRIC PROGRAM ADMINISTRATORS 3 YEAR EE PLANS FOR MEMBERS-AMENDMENT ADD FUNDS.

  • NATIONAL ASSOCIATON OF STATE ENERGY OFFICIALS

    $80,000

    TO SUPPORT EDUCATIONAL SESSIONS ON THE IMPORTANCE OF ENERGY CONSERVATION AND CLEAN ENERGY TO HEALTH AND WEALTH IN THE COMMUNITY.

  • ARISE SPRINGFIELD

    $40,000

    TO CONTINUE COMMUNITY EDUCATOIN AND ADVOCACY AROUND THE ISSUE OF MOLD ITS HARMFUL EFFECTS ON THE LI POPULATION

  • BW RESEARCH

    $25,000

    TO PROVIDE DETAILED DATA ON JOB LOSSES IN ENERGY EFFICIENCY IN THE UNITED STATES

  • ENVIRONMENTAL LEAGUE OF MASSACHUSETTS

    $10,000

    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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GOOD2GO LLC

    ENERGY EFFICIENT RIDE SHARE PROGRAM · MA · income $1,021,268 · assets $641,321

    Directly controlled by E4THEFUTURE INC

Provenance

Return type
form_990
Tax year
2023
Filed
24 July 2024
IRS schema version
2023v5.1
Source object
202442209349301124

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.