Skip to content

Maryland · Nonprofit

MONTGOMERY COUNTY GREEN BANK CORPORATION

MONTGOMERY COUNTY GREEN BANK CORPORATION (Maryland) receives grants from 2 organizations whose IRS filings report $325,520 to it, the largest being FREEDOM TOGETHER FOUNDATION ($300,000). 1 of them have funded it in more than one year.

Revenue FY2025
$26M
Funders on record
2
Grants received
$326k
Net assets
$67M
1/2 repeat funderspeak grant-dependency 12%
01What it does

What Montgomery County Green Bank Corporation does

Mission

Montgomery County Green Bank Corporation is making energy efficiency and clean energy attainable for all in our community and creating a more sustainable and resilient future.

As stated on its FY2025 Form 990.

Program

  1. The montgomery county green bank is a publicly-chartered nonprofit dedicated to accelerating affordable energy efficiency and clean energy investment in montgomery county, md. We partner with the private sector to build a more diverse, equitable, and inclusively prosperous,resilient, sustainable, and healthy community. Our work supports montgomery county's goal to reduce its greenhouse gas emissions.

    $7,918,776 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $7,918,776.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.2M) Expenses 100 ($99k) Net assets 100 ($3.1M)2018 Revenue 101 ($3.3M) Expenses 572 ($566k) Net assets 186 ($5.8M)2019 Revenue 576 ($19M) Expenses 600 ($595k) Net assets 762 ($24M)2020 Revenue 39 ($1.3M) Expenses 670 ($663k) Net assets 580 ($18M)2021 Revenue 28 ($919k) Expenses 981 ($972k) Net assets 578 ($18M)2022 Revenue 29 ($933k) Expenses 1405 ($1.4M) Net assets 563 ($18M)2023 Revenue 602 ($19M) Expenses 2584 ($2.6M) Net assets 1102 ($34M)2024 Revenue 644 ($21M) Expenses 4668 ($4.6M) Net assets 1619 ($51M)2025 Revenue 791 ($26M) Expenses 9467 ($9.4M) Net assets 2135 ($67M)
'17'18'19'20'21'22'23'24'25
Revenue (791)Expenses (9467)Net assets (2135)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $57M to $141M (+145%).

$3.1M
$5.8M
$24M
$24M
$24M
$24M
$41M
$57M
$141M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 95% · 2018 94% · 2019 96% · 2020 43% · 2021 83% · 2025 11%. Grants only. Government contracts and fees sit inside program revenue.

14% of MONTGOMERY COUNTY GREEN BANK CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$3.1M
’17
$2.7M
’18
$18M
’19
$596k
’20
−$53k
’21
−$459k
’22
$17M
’23
$16M
’24
$16M
’25
128
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Stephen Morel

Chief executive officer

Board chair

Marcene Mitchell

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed121213131313132118
Joined·+2+3+0+3+2+0+10+0
No longer listed·22032023
03Who funds it

Who funds it, year by year

2019 → 2020: the base held at 1 funder, grant income held at $150k.

Funder
'19
'20
'25*
total
funders
1
1
1

From the IRS filings of MONTGOMERY COUNTY GREEN BANK CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MONTGOMERY COUNTY GREEN BANK CORPORATION leans on a few funders — its largest provides 92% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

92%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

MONTGOMERY COUNTY GREEN BANK CORPORATION draws 92% of its grant income from funders outside Maryland, across 2 states in all.

NY
MD

In-state vs out-of-state, by year

’19
’20
Maryland out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MONTGOMERY COUNTY GREEN BANK CORPORATION runs a healthier operating margin than three-quarters of the 195 environment nonprofits its size.

Operating margin63% · top quartile
Months of reserve127.8mo · top quartile
Revenue growth (annualized)30% · top quartile

this organization peer median middle 50% of peers· 195 environment nonprofits $10M–$100M, FY2025

Organizations like MONTGOMERY COUNTY GREEN BANK CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 15%Fundraising 1%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

55%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MD

Screen this organization

A dated, signed PDF of the compliance screen for MONTGOMERY COUNTY GREEN BANK CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MONTGOMERY COUNTY GREEN BANK CORPORATION?
MONTGOMERY COUNTY GREEN BANK CORPORATION (Maryland) receives grants from 2 organizations whose IRS filings report $325,520 to it, the largest being FREEDOM TOGETHER FOUNDATION ($300,000). 1 of them have funded it in more than one year.
How many funders does MONTGOMERY COUNTY GREEN BANK CORPORATION have?
IRS filings report 2 organizations giving $325,520 in grants to MONTGOMERY COUNTY GREEN BANK CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of MONTGOMERY COUNTY GREEN BANK CORPORATION?
FREEDOM TOGETHER FOUNDATION is the largest funder on record, with $300,000 in grants. The full list of funders is on this page.
How can an organization like MONTGOMERY COUNTY GREEN BANK CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Montgomery County Green Bank →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing