INSTITUTE FOR ENERGY INNOVATION

LANSING, MI, 48933-1783 (607) 592-3026 Est. 2011 EIN 45-4458585

C11— Environment Form 990 501(c)(3)

Mission

THE MISSION OF THE CORPORATION IS TO PROMOTE GREATER PUBLIC UNDERSTANDING OF ADVANCED ENERGY AND ITS ECONOMIC POTENTIAL FOR MICHIGAN AND TO INFORM THE PUBLIC AND POLICY DISCUSSION ON MICHIGAN'S ENERGY CHALLENGES AND OPPORTUNITIES.

Financials

Total Revenue

$1,321,756

Total Expenses

$1,129,532

Net Assets

$777,121

6 employees 8 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

8.3 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 46.9%

Expenses ↑ 46.7%

Revenue Sources

Contributions 73.5% Earned revenue 24.7% Investment 1.8%

Expense Breakdown

Program 73.6% Management 18.1% Fundraising 8.3%

Officers & Key Employees (9)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (10)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$1,321,756 ↑	$1,129,532	$777,121
2023 Form 990	$899,788 ↑	$769,819	$584,897
2022 Form 990	$757,261 ↑	$679,300	$454,928
2020 Form 990	$538,654 ↑	$411,517	$207,392
2018 Form 990	$311,422	$355,521	$76,617