Form 990 for tax year 2023
Filed by INSTITUTE FOR ENERGY ECONOMICS AND FINANCIAL ANALYSIS INC.
Totals
- Total revenue
- $8,811,723
- Total expenses
- $13,194,638
- Contributions and grants received
- $8,544,864
- Grants paid
- $1,943,774
- Program service revenue
- $90,000
- Investment income
- $167,861
- Other revenue
- $8,998
- Total assets, end of year
- $9,946,978
- Total liabilities, end of year
- $154,580
- Net assets or fund balances, end of year
- $9,792,398
- Program services expenses (Part IX)
- $11,343,794
- Management and general expenses
- $1,408,158
- Fundraising expenses
- $442,686
- Program service expenses (Part III)
- $11,343,794
Program services were 86.0% 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
$8,544,864
-
2a · Program service revenue: RESEARCH
total $90,000 · related or exempt $90,000
-
3 · Investment income
total $167,861 · excluded $167,861
-
11a · Other revenue: FOREIGN CURRENCY GAIN
total $6,898 · excluded $6,898
-
11b · Other revenue: OTHER REVENUE
total $2,100 · excluded $2,100
-
11e · Other revenue, total
$8,998
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $1,943,774 · program services $1,943,774
-
5 · Compensation of officers, directors and key employees
total $535,217 · program services $192,322 · management and general $268,925 · fundraising $73,970
-
7 · Other salaries and wages
total $3,570,445 · program services $2,911,311 · management and general $436,456 · fundraising $222,678
-
8 · Pension plan contributions
total $73,244 · program services $53,958 · management and general $12,944 · fundraising $6,342
-
9 · Other employee benefits
total $535,895 · program services $435,615 · management and general $76,673 · fundraising $23,607
-
10 · Payroll taxes
total $215,034 · program services $152,409 · management and general $42,132 · fundraising $20,493
-
11b · Fees: legal
total $119,449 · program services $34,614 · management and general $84,835
-
11c · Fees: accounting
total $145,547 · management and general $145,547
-
11g · Fees: other
total $2,926,333 · program services $2,776,706 · management and general $83,266 · fundraising $66,361
-
12 · Advertising and promotion
total $28,236 · program services $26,984 · management and general $876 · fundraising $376
-
13 · Office expenses
total $167,751 · program services $75,375 · management and general $85,381 · fundraising $6,995
-
14 · Information technology
total $396,548 · program services $340,170 · management and general $47,028 · fundraising $9,350
-
16 · Occupancy
total $13,800 · program services $8,514 · management and general $4,280 · fundraising $1,006
-
17 · Travel
total $546,255 · program services $517,569 · management and general $27,731 · fundraising $955
-
23 · Insurance
total $28,550 · management and general $28,550
-
24a · Other expenses: RESEARCH & DATA SUBSCR.
total $1,092,766 · program services $1,092,369 · fundraising $397
-
24b · Other expenses: EDUCATION & TRAINING
total $462,211 · program services $462,211
-
24c · Other expenses: ORGANIZATIONAL DEVEL.
total $213,949 · program services $149,700 · management and general $56,926 · fundraising $7,323
-
24d · Other expenses: COMMUNICATIONS
total $179,634 · program services $170,193 · management and general $6,608 · fundraising $2,833
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,140,938 · end of year $1,704,469
-
2 · Savings and temporary cash investments
beginning of year $5,000,549 · end of year $3,743,410
-
3 · Pledges and grants receivable
beginning of year $7,784,691 · end of year $3,251,384
-
9 · Prepaid expenses and deferred charges
beginning of year $797,779 · end of year $585,892
-
15 · Other assets
beginning of year $101,877 · end of year $661,823
-
17 · Accounts payable and accrued expenses
beginning of year $230,521 · end of year $154,580
-
19 · Deferred revenue
beginning of year $420,000 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $4,478,847 · end of year $4,631,034
-
28 · Net assets with donor restrictions
beginning of year $9,696,466 · end of year $5,161,364
Mission and programs · 2023
Mission
TO ACCELERATE THE TRANSITION TO A DIVERSE, SUSTAINABLE AND PROFITABLE ENERGY ECONOMY.
-
TO CONDUCT ANALYSIS AND PUBLISH AND RELEASE STUDIES ON ENERGY ISSUES; RESOURCE PLANNING; POWER PLANT ECONOMICS AND FINANCING; THE FINANCIAL AND ECONOMIC RISKS OF ENERGY ALTERNATIVES; WATER AND ENERGY; AND COAL AND OIL RESERVES, EXPORTS, AND PRICES.
Expenses $10,530,218 · Grants $1,943,774 · Revenue $90,000
-
TO SPONSOR AT LEAST ONE MAJOR TWO-TO-THREE DAY CONFERENCE EACH YEAR AND HOLD ADDITIONAL WEBINARS, SEMINARS, AND OTHER EDUCATIONAL EVENTS AS NEEDED AND REQUESTED.
Expenses $813,576
As filed on the 2023 return.
Listed in Part VII
-
Sergio KnaebelSERGIO KNAEBEL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Ingrid Vila-BiaggiINGRID VILA-BIAGGI
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Eric SchaefferERIC SCHAEFFER
TREASURER - UNTIL 06/2023
- Total calculated
- $0
- Hours/week
- 1
-
Dana Omran Director -DANA OMRAN DIRECTOR -
UNTIL 06/2023, THEN TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Jane AhmedSARAH JANE AHMED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Al ArmendarizAL ARMENDARIZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sarah BrennanSARAH BRENNAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris MeyerCHRIS MEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larry ShapiroLARRY SHAPIRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kartikeya SinghKARTIKEYA SINGH
DIRECTOR - AS OF 12/2023
- Total calculated
- $0
- Hours/week
- 1
-
Alexandra BuchananALEXANDRA BUCHANAN
CEO/BOARD SECRETARY
- Total calculated
- $295,880
- From this org
- $265,000
- From related orgs
- $0
- Other
- $30,880
- Hours/week
- 40 + 0.75 related
Schedule J breakdown matched by us
- Base
- $265,000
- Bonus
- $0
- Other
- $0
- Deferred
- $10,600
- Nontaxable benefits
- $20,280
- Filer's total
- $295,880
-
Sarah WeeksSARAH WEEKS
CHIEF FINANCIAL OFFICER
- Total calculated
- $239,337
- From this org
- $200,070
- From related orgs
- $0
- Other
- $39,267
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,070
- Bonus
- $0
- Other
- $0
- Deferred
- $3,216
- Nontaxable benefits
- $36,051
- Filer's total
- $239,337
-
Seth FeasterSETH FEASTER
ENERGY DATA ANALYST
- Total calculated
- $181,343
- From this org
- $146,626
- From related orgs
- $0
- Other
- $34,717
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,626
- Bonus
- $0
- Other
- $0
- Deferred
- $5,865
- Nontaxable benefits
- $28,852
- Filer's total
- $181,343
-
Abhishek SinhaABHISHEK SINHA
ENERGY FINANCE ANALYST, PETCHEMS
- Total calculated
- $174,720
- From this org
- $166,230
- From related orgs
- $0
- Other
- $8,490
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,379
- Bonus
- $4,851
- Other
- $0
- Deferred
- $6,649
- Nontaxable benefits
- $1,841
- Filer's total
- $174,720
-
Lea GlazeLEA GLAZE
HR DIRECTOR
- Total calculated
- $155,060
- From this org
- $132,348
- From related orgs
- $0
- Other
- $22,712
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,348
- Bonus
- $0
- Other
- $0
- Deferred
- $4,009
- Nontaxable benefits
- $18,703
- Filer's total
- $155,060
-
Vivienne HestonVIVIENNE HESTON
DONOR COMMUNICATIONS MANAGER
- Total calculated
- $145,604
- From this org
- $127,170
- From related orgs
- $0
- Other
- $18,434
- Hours/week
- 40
-
Sam ReynoldsSAM REYNOLDS
RESEARCH LEAD, LNG/GAS, ASIA
- Total calculated
- $136,505
- From this org
- $122,395
- From related orgs
- $0
- Other
- $14,110
- Hours/week
- 40
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 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE FOLLOWING INDIVIDUALS RECEIVED DISCRETIONARY PERFORMANCE BONUSES IN 2023: - VIVIENNE HESTON - $3,600 - SAMUEL REYNOLDS - $3,500 - ABHISHEK SINHA - $4,851 THESE PAYMENTS ARE MADE AT THE DISCRETION OF THE CEO AND CFO. PER IEEFA'S CLASSIFICATION AND COMPENSATION SYSTEM, BONUSES ARE GIVEN RATHER THAN ANNUAL SALARY INCREASES IF AN INDIVIDUAL'S SALARY IS OVER THE MAXIMUM FOR THEIR SALARY RANGE.
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
IEEFA AUSTRALIA LTD
CONDUCT ANALYSIS AND PUBLISH AND RELEASE STUDIES · AS · controlled entity
Directly controlled by IEEFA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402479349301730
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.