Overview
What is Pecan Street Inc?
Pecan Street Inc is a nonprofit organization based in Austin, Texas, primarily focusing on university research and accelerating innovation in water and energy. The organization serves as a bridge between utilities, technology companies, and researchers, providing them access to data on consumer energy and water consumption behavior. This data facilitates the testing and verification of technology solutions, aiming to help these innovations reach the market faster. In addition to this, Pecan Street Inc supports research and scholarship opportunities for University of Texas researchers and students in fields related to advanced energy management systems and supporting technologies. They also engage in scientific research focused on technology, business model, and customer behavior surrounding advanced energy management systems. Furthermore, the organization supports technology commercialization programs and activities at the University of Texas at Austin. Overall, Pecan Street Inc plays a significant role in fostering innovation and commercializing advanced energy and water solutions.
Official website here: www.pecanstreet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Pecan Street Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong financial health and accountability. With a score of 96 in Accountability & Finance, the organization demonstrates effective financial management and transparency, which is further supported by its 100% independent board comprised of 11 members. The charity's low liabilities to assets ratio of 11.32% indicates a solid financial footing.
The organization excels in leadership and adaptability, earning a perfect score in these areas, highlighting its ability to respond to challenges and innovate effectively. Feedback collection and usage are also outstanding, with full marks in both categories, suggesting that the organization values and implements input from stakeholders to improve its services.
However, while Pecan Street Inc shows strong performance, the cultural and community score of 87 indicates room for improvement in fostering an inclusive environment. Nonetheless, the overall metrics suggest that Pecan Street Inc is a well-managed nonprofit focused on its mission and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Pecan Street Inc legitimate?
Pecan Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pecan Street Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $586,727
Professional Fundraising Fees: $0
Other Salaries and Wages: $838,692
For more financial information, click here
Official website here: www.pecanstreet.org
What is the mission statement of Pecan Street Inc?
Pecan Street Inc is a non-profit organization dedicated to the advancement of university research and accelerating innovation in water and energy. Their mission revolves around supporting technology, business model, and customer behavior studies surrounding advanced energy management systems. They fund research and scholarship opportunities for university researchers and students in related fields, such as wireless, energy storage, distributed generation, networking, and semiconductor technologies. Additionally, they provide access to data on consumer energy and water consumption behavior, testing and verification of technology solutions, and commercialization services to help bring innovations to market faster.
Official website here: www.pecanstreet.org
Who is the CEO of Pecan Street Inc?
Bart Bohn is the Secretary of Pecan Street Inc. The CEO's salary of Pecan Street Inc is $190,854 and their total compensation is $205,806.
Official website here: www.pecanstreet.org
What is the revenue of Pecan Street Inc?
Pecan Street Inc's revenue in 2022 was $1,677,989.
Official website here: www.pecanstreet.org
Who are the executives of Pecan Street Inc and what are their salaries?
The average compensation at Pecan Street Inc during 2022 was $95,028. There are 15 employees and 1200 volunteers at Pecan Street Inc.
Here are 16 key members and their salaries (Pecan Street Inc's CEO's salary is $190,854 and their total compensation is $205,806):
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- Compensation: $190,854
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- Other: $14,952
- Compensation: $176,867
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- Other: $22,206
- Compensation: $174,515
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- Other: $7,332
- Compensation: $159,782
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- Other: $6,870
- Compensation: $110,000
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- Other: $6,366
Official website here: www.pecanstreet.org
Where can I find the form 990 for Pecan Street Inc?
Pecan Street Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pecanstreet.org
Learn more at the official website: www.pecanstreet.org
Mission Statement of Pecan Street Inc
Pecan Street Inc, a nonprofit corporation, is dedicated to driving innovation in the fields of water and energy. Based on the information provided, it appears that this organization's primary focus is on advancing university research and accelerating the development of advanced energy management systems.
By providing access to data on consumer energy and water consumption behavior, Pecan Street Inc enables utilities, technology companies, and university researchers to test and verify their solutions, thus expediting the process of bringing new innovations to market. In addition to this, the organization offers commercialization services designed to help these entities successfully launch their products.
Furthermore, Pecan Street Inc supports research and scholarship opportunities for University of Texas researchers and students in fields related to advanced energy management systems and supporting technologies. This includes wireless, energy storage, distributed generation, networking, and semiconductor technologies. The organization's mission also extends to funding these research efforts.
In summary, Pecan Street Inc, a nonprofit corporation, is committed to fostering innovation in the water and energy sectors by providing research opportunities, testing and verification of technology solutions, and commercialization services to speed up the launch of new innovations in advanced energy management systems. This work is intended to benefit the university community as well as the broader technology industry.
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Impact
June, 2024
Pecan Street Inc is making a significant impact in advancing university research and accelerating innovation in water and energy. The organization provides utilities, technology companies, and university researchers access to data on consumer energy and water consumption behavior, as well as testing and verification of technology solutions. Additionally, Pecan Street Inc offers commercialization services to help bring these innovations to market faster. By focusing on smart grid technologies, energy storage, and clean technology demonstration, Pecan Street Inc is at the forefront of driving progress in sustainable energy solutions. Its work in engaging in scientific research, funding research opportunities for university researchers and students, and supporting technology commercialization programs is instrumental in shaping the future of advanced energy management systems.
This information is meant to be a general summary of Pecan Street Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,518
- Program Service Revenue: $1,044,759
- Gross Receipts: $1,677,989
Assets and Liabilities:
- Total Assets: $2,100,459
- Total Liabilities: $237,775
- Net Assets: $1,862,684
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMERCIALIZATION REVE
Revenue
$585,403
RESEARCH AND DEVELOPME
Revenue
$459,356
Organization Details
Founding Year
2009
Phone
(512) 782-9213Principal Officer
Bart Bohn
Main Address
3924 BERKMAN DR, AUSTIN, TX, 78723
Website
www.pecanstreet.orgNTEE Category
Code: C05 - Environment
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