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Nonprofiteer
← ENERGY FOR GROWTH HUB

Form 990 for tax year 2022

Filed by ENERGY FOR GROWTH HUB.

Totals

Total revenue
$1,802,505
Total expenses
$2,128,170
Contributions and grants received
$1,497,565
Grants paid
$0
Program service revenue
$165,600
Investment income
$139,340
Other revenue
$0
Total assets, end of year
$10,184,517
Total liabilities, end of year
$44,395
Net assets or fund balances, end of year
$10,140,122
Program services expenses (Part IX)
$2,002,049
Management and general expenses
$98,161
Fundraising expenses
$27,960
Program service expenses (Part III)
$2,002,049

Program services were 94.1% 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

    $1,497,565

  • 2a · Program service revenue: CONTRACT REVENUE

    total $165,600 · related or exempt $165,600

  • 3 · Investment income

    total $144,287 · excluded $144,287

  • 7a · Gross sales of assets other than inventory

    securities $357,323

  • 7b · Less cost or other basis and sales expenses

    securities $362,270

  • 7c · Gain or loss

    securities -$4,947

  • 7d · Net gain or loss

    total -$4,947 · excluded -$4,947

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $398,480 · program services $377,374 · management and general $11,736 · fundraising $9,370

  • 7 · Other salaries and wages

    total $409,981 · program services $388,267 · management and general $12,074 · fundraising $9,640

  • 9 · Other employee benefits

    total $171,008 · program services $161,950 · management and general $5,037 · fundraising $4,021

  • 10 · Payroll taxes

    total $47,479 · program services $44,965 · management and general $1,398 · fundraising $1,116

  • 11c · Fees: accounting

    total $43,861 · management and general $43,861

  • 11f · Fees: investment management

    total $13,722 · management and general $13,722

  • 11g · Fees: other

    total $751,223 · program services $751,223

  • 13 · Office expenses

    total $19,420 · program services $18,392 · management and general $571 · fundraising $457

  • 16 · Occupancy

    total $76,706 · program services $72,643 · management and general $2,259 · fundraising $1,804

  • 17 · Travel

    total $100,517 · program services $100,517

  • 19 · Conferences, conventions and meetings

    total $24,208 · program services $24,208

  • 20 · Interest

    total $4,404 · management and general $4,404

  • 22 · Depreciation, depletion and amortization

    total $1,155 · management and general $1,155

  • 24a · Other expenses: PUBLICATION/MULTIMEDIA

    total $66,006 · program services $62,510 · management and general $1,944 · fundraising $1,552

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $239,445 · end of year $174,484

  • 2 · Savings and temporary cash investments

    beginning of year $7,752,951 · end of year $1,885,265

  • 3 · Pledges and grants receivable

    beginning of year $2,596,099 · end of year $1,168,091

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,755 · end of year $1,723

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

    $5,695

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

    $2,289

  • 10c · Land, buildings and equipment, net

    beginning of year $1,885 · end of year $3,406

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $6,951,548

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,044 · end of year $44,395

  • 27 · Net assets without donor restrictions

    beginning of year $2,622,804 · end of year $4,113,176

  • 28 · Net assets with donor restrictions

    beginning of year $7,955,287 · end of year $6,026,946

Mission and programs · 2022

Mission

REDUCE POVERTY AND PROMOTE ECONOMIC OPPORTUNITY IN AFRICA AND ASIA BY USING RESEARCH AND DATA TO IMPROVE THE PROVISION AND QUALITY OF ELECTRICITY.

Activities or mission (Part I)

REDUCE POVERTY AND PROMOTE ECONOMIC OPPORTUNITY IN AFRICA AND ASIA BY USING DATA TO IMPROVE THE PROVISION AND QUALITY OF ELECTRICITY.

  • THE ENERGY FOR GROWTH HUB IS A GLOBAL NONPROFIT NETWORK OF RESEARCHERS AND ADVOCATES PROMOTING LARGE-SCALE ENERGY SOLUTIONS. THE HUB CONDUCTS RESEARCH, ANALYZES DATA, AND GENERATES EVIDENCE-BASED POLICY SOLUTIONS. WE CREATE AND DELIVER INSIGHTS ABOUT MODERN ENERGY SYSTEMS AND PROVIDE A PLATFORM FOR RESEARCH IDEAS AND POLICY ENGAGEMENT.

    Expenses $2,002,049 · Revenue $165,600

As filed on the 2022 return.

Listed in Part VII

  • Todd Moss

    EXECUTIVE DIRECTOR

    Total calculated
    $465,109
    From this org
    $396,272
    From related orgs
    $0
    Other
    $68,837
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $346,272
    Bonus
    $50,000
    Other
    $0
    Deferred
    $21,720
    Nontaxable benefits
    $47,117
    Filer's total
    $465,109
  • Sheila Herrling

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Ben Leo

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Linda Oramasionwu

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Rachel Pritzker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tisha Schuller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Vijaya Ramachandran

    DIRECTOR (AS OF 1/1/22)

    Total calculated
    $0
    Hours/week
    1
  • Katie Hill

    DIRECTOR (AS OF 1/1/22)

    Total calculated
    $0
    Hours/week
    1
  • Kathleen Auth

    POLICY DIRECTOR

    Total calculated
    $240,083
    From this org
    $184,349
    From related orgs
    $0
    Other
    $55,734
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,849
    Bonus
    $12,500
    Other
    $0
    Deferred
    $20,500
    Nontaxable benefits
    $35,234
    Filer's total
    $240,083

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 · Compensation committee
  • 3 · Approval by the board or compensation committee

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.

Provenance

Return type
form_990
Tax year
2022
Filed
4 November 2023
IRS schema version
2022v5.0
Source object
202333109349303168

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