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Energy Options Network Inc C/O Brennan & Fournier Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464871450 ✦ Brewster, MA ✦ Designated as a 501(c)(3)

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Overview

What is Energy Options Network Inc C/O Brennan & Fournier Inc?

Energy Options Network Inc C/O Brennan & Fournier Inc is a nonprofit organization based in Brewster, Massachusetts, dedicated to fostering and accelerating the development of economically viable, sustainable, and impactful zero-carbon energy solutions. The organization, which has only one employee, specializes in identifying and nurturing emerging technologies that are not yet widely recognized in the industry. Their aim is to help these underdog technologies gain visibility, credibility, and financial support, transforming them into powerful, investable solutions for the future. To achieve this, they conduct independent technical, market, and financial assessments, and assist in crafting compelling narratives that communicate the vision and impact of these technologies effectively. They have successfully supported one such underdog, a pulse gaseous fission developer, and are currently working with additional ones. In addition, they have developed innovative tools, such as the Technical Readiness Assessment, to evaluate a developer's technical readiness and communicate it to investors and industry stakeholders. The organization is also developing a Deep Dive Rating System for their technology seekers to determine who and what is worthy of Energy Options Network's pre-seed funding and hands-on support. In summary, Energy Options Network Inc C/O Brennan & Fournier Inc serves as an incubator for zero-carbon energy technologies, working to combat climate change by multiplying and accelerating the portfolio of available solutions.


Official website here: www.energyoptionsnetwork.org

Is Energy Options Network Inc C/O Brennan & Fournier Inc legitimate?

Energy Options Network Inc C/O Brennan & Fournier Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Energy Options Network Inc C/O Brennan & Fournier 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: $20,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,498

For more financial information, click here


Official website here: www.energyoptionsnetwork.org

What is the mission statement of Energy Options Network Inc C/O Brennan & Fournier Inc?

Energy Options Network Inc, in partnership with Brennan & Fournier Inc, is an incubator designed to accelerate the expansion of zero-carbon energy options aimed at mitigating climate change. The mission of this organization is to multiply and speed up the availability of economically competitive, sustainable, adaptable, and impactful zero-carbon energy solutions. The experts within the network focus on identifying and nurturing emerging and new solutions that are not yet prominent in discussions. These solutions, often referred to as 'underdogs', require assessment and support to become attractive to investors and industry stakeholders. The organization has successfully transformed one such underdog into a 'mighty dog' and developed innovative tools for determining a developer's technical readiness. They are also working on additional tools, such as a deep dive rating system, to help identify promising technologies for pre-seed funding and hands-on support.


Official website here: www.energyoptionsnetwork.org

Who is the CEO of Energy Options Network Inc C/O Brennan & Fournier Inc?

Tracey Durning is the President of Energy Options Network Inc C/O Brennan & Fournier Inc.


Official website here: www.energyoptionsnetwork.org

What is the revenue of Energy Options Network Inc C/O Brennan & Fournier Inc?

Energy Options Network Inc C/O Brennan & Fournier Inc's revenue in 2021 was $120,226.


Official website here: www.energyoptionsnetwork.org

Who are the executives of Energy Options Network Inc C/O Brennan & Fournier Inc and what are their salaries?

The average compensation at Energy Options Network Inc C/O Brennan & Fournier Inc during 2021 was $37,898. There is 1 employee and 1 volunteer at Energy Options Network Inc C/O Brennan & Fournier Inc.


Here are 3 key members and their salaries:


Tracey Durning (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janine Davis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preston Carter (Clerk)
  • Compensation: $20,400
  • Related: $0
  • Other: $0


Official website here: www.energyoptionsnetwork.org

Where can I find the form 990 for Energy Options Network Inc C/O Brennan & Fournier Inc?

Energy Options Network Inc C/O Brennan & Fournier Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.energyoptionsnetwork.org

Learn more at the official website: www.energyoptionsnetwork.org

Mission Statement of Energy Options Network Inc C/O Brennan & Fournier Inc

Energy Options Network Inc C/O Brennan & Fournier Inc is an incubator dedicated to multiplying and accelerating a diverse portfolio of zero-carbon energy options, aiming to tackle climate change. This nonprofit organization focuses on nurturing and promoting emerging and less-discussed solutions to combat carbon emissions, with a goal of helping these underdogs become mighty players in the industry.

The mission of Energy Options Network Inc C/O Brennan & Fournier Inc is to identify, assess, and promote zero-carbon energy underdogs. These underdogs are developers of innovative and groundbreaking solutions that are not yet widely recognized. By providing independent technical, market, and financial assessments, the organization helps these underdogs enhance their visibility, credibility, and attract potential investors. This process of transformation, akin to a makeover, equips these underdogs with the means to effectively communicate their vision and potential impact.

Additionally, Energy Options Network Inc C/O Brennan & Fournier Inc has created innovative tools to evaluate a developer's technical readiness and enable them to share their progress with investors and industry stakeholders. This helps these underdogs demonstrate their place on the innovation spectrum, making them more appealing to potential investors. The organization has already successfully brought one underdog to mighty dog status, and is in the process of adding more underdogs to its portfolio. Overall, Energy Options Network Inc C/O Brennan & Fournier Inc plays a crucial role in supporting the development and promotion of innovative zero-carbon energy solutions that have the potential to significantly impact global carbon emissions.

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Impact




June, 2024

Energy Options Network Inc, operated by Brennan & Fournier Inc, is focused on multiplying and accelerating clean energy zero carbon options that are economically competitive, sustainable, and adaptable to significantly impact global carbon emissions. The organization's efforts are directed towards identifying and nurturing emerging and new solutions in the clean energy sector, particularly from "underdog" developers who are not yet in prominent circles of discussion.

By providing independent technical, market, and financial assessments, as well as support in developing a compelling narrative, Energy Options Network aims to elevate these underdogs to "investable" status and potentially transform them into significant players in the clean energy landscape. Through their initiatives, they have already helped one underdog developer achieve significant progress and are in the process of supporting additional underdogs in their journey towards becoming key contributors to tackling climate change.

Overall, Energy Options Network Inc's work has the potential to catalyze innovation in the clean energy sector, support the growth of promising but overlooked solutions, and contribute to the transition to a more sustainable and environmentally-friendly energy landscape.




This information is meant to be a general summary of Energy Options Network Inc C/O Brennan & Fournier 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.

Revenue
$120,226 (2021)
Expenses
$339,827 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $226
  • Gross Receipts: $120,226

Assets and Liabilities:

  • Total Assets: $628,305
  • Total Liabilities: $32,079
  • Net Assets: $596,226

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Organization Details

Founding Year

2015

Principal Officer

Tracey Durning

Main Address

56 OLIVER DRIVE, BREWSTER, MA, 02631

NTEE Category

Code: C35 - Environment

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