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Nonprofiteer
← POTENTIAL ENERGY ACTION NETWORK INC

Form 990 for tax year 2023

Filed by POTENTIAL ENERGY ACTION NETWORK INC.

Totals

Total revenue
$886,274
Total expenses
$106,200
Contributions and grants received
$831,182
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$55,092
Total assets, end of year
$856,701
Total liabilities, end of year
$30,054
Net assets or fund balances, end of year
$826,647
Program services expenses (Part IX)
$27,456
Management and general expenses
$73,712
Fundraising expenses
$5,032
Program service expenses (Part III)
$27,456

Program services were 25.9% 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

    $831,182

  • 3 · Investment income

    total $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: OTHER INCOME

    total $55,092 · related or exempt $55,092

  • 11e · Other revenue, total

    $55,092

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $6,603 · management and general $6,603

  • 11c · Fees: accounting

    total $12,500 · management and general $12,500

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $4,571 · management and general $4,571

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $20,360 · program services $6,718 · management and general $12,420 · fundraising $1,222

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $1,163 · program services $384 · management and general $709 · fundraising $70

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $16,725 · program services $5,519 · management and general $10,202 · fundraising $1,004

  • 24a · Other expenses: PRODUCTION

    total $1,140 · program services $1,020 · management and general $120

  • 24b · Other expenses: OTHER

    total $471 · management and general $471

  • 24c · Other expenses: SHARED RESOURCE EXPENSES

    total $42,667 · program services $13,815 · management and general $26,116 · fundraising $2,736

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $161,657 · end of year $821,081

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $6,565

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $20,415

  • 10a · Land, buildings and equipment: cost or other basis

    $8,640

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $8,640

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $53,151 · end of year $16,694

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $61,933 · end of year $13,360

  • 27 · Net assets without donor restrictions

    beginning of year $46,573 · end of year $45,133

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $781,514

Mission and programs · 2023

Mission

SEE SCHEDULE O

  • To educate and encourage the public regarding climate change.

    Expenses $27,456

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Fyfe Marshall

    Director

    Total calculated
    $532,670
    From this org
    $0
    From related orgs
    $506,667
    Other
    $26,003
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $449,667 related
    Bonus
    $0 + $57,000 related
    Other
    $0
    Deferred
    $0 + $9,880 related
    Nontaxable benefits
    $0 + $16,123 related
    Filer's total
    $0 + $532,670 related

  • Julia Power Burns

    Board TREASURER/SECRETARY

    Total calculated
    $288,214
    From this org
    $0
    From related orgs
    $259,167
    Other
    $29,047
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $259,167 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $15,550 related
    Nontaxable benefits
    $0 + $13,497 related
    Filer's total
    $0 + $288,214 related

  • Susan Canavari

    DIRECTOR - thru 9/23

    Total calculated
    $0
    Hours/week
    1

  • Matthew Freeman

    DIRECTOR - thru 9/23

    Total calculated
    $0
    Hours/week
    1

  • Daniel Schrag

    DIRECTOR - thru 9/23

    Total calculated
    $0
    Hours/week
    1

  • Anastasia Khoo

    Director - effective 10/23

    Total calculated
    $0
    Hours/week
    1

  • David Wigder

    Director - effective 10/23

    Total calculated
    $0
    Hours/week
    1

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

None.

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202443199349308814

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