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Nonprofiteer
← ENERGY INNOVATION REFORM PROJECT

Form 990 for tax year 2022

Filed by ENERGY INNOVATION REFORM PROJECT.

Totals

Total revenue
$931,766
Total expenses
$1,009,271
Contributions and grants received
$944,069
Grants paid
$0
Program service revenue
$0
Investment income
-$12,303
Other revenue
$0
Total assets, end of year
$1,468,940
Total liabilities, end of year
$9,708
Net assets or fund balances, end of year
$1,459,232
Program services expenses (Part IX)
$755,149
Management and general expenses
$148,015
Fundraising expenses
$106,107
Program service expenses (Part III)
$755,149

Program services were 74.8% 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

    $944,069

  • 3 · Investment income

    total $15,968 · related or exempt $15,968

  • 7a · Gross sales of assets other than inventory

    securities $191,187

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

    securities $219,458

  • 7c · Gain or loss

    securities -$28,271

  • 7d · Net gain or loss

    total -$28,271 · excluded -$28,271

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $607,924 · program services $455,945 · management and general $75,990 · fundraising $75,989

  • 7 · Other salaries and wages

    total $29,292 · program services $29,292

  • 8 · Pension plan contributions

    total $27,900 · program services $20,733 · management and general $3,585 · fundraising $3,582

  • 9 · Other employee benefits

    total $92,528 · program services $69,013 · management and general $11,756 · fundraising $11,759

  • 10 · Payroll taxes

    total $29,701 · program services $22,075 · management and general $3,813 · fundraising $3,813

  • 11b · Fees: legal

    total $5,648 · program services $5,648

  • 11c · Fees: accounting

    total $35,150 · management and general $35,150

  • 11g · Fees: other

    total $20,933 · program services $15,048 · management and general $3,099 · fundraising $2,786

  • 13 · Office expenses

    total $5,014 · program services $4,011 · management and general $251 · fundraising $752

  • 16 · Occupancy

    total $18,399 · program services $14,719 · management and general $920 · fundraising $2,760

  • 17 · Travel

    total $20,644 · program services $17,552 · fundraising $3,092

  • 22 · Depreciation, depletion and amortization

    total $3,060 · management and general $3,060

  • 23 · Insurance

    total $2,296 · program services $505 · management and general $1,722 · fundraising $69

  • 24a · Other expenses: PROJECT COSTS

    total $92,585 · program services $92,585

  • 24b · Other expenses: TELEPHONE AND INTERNET

    total $9,894 · program services $7,915 · management and general $495 · fundraising $1,484

  • 24c · Other expenses: PAYROLL PROCESSING FEES

    total $8,303 · program services $108 · management and general $8,174 · fundraising $21

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $884,648 · end of year $772,955

  • 3 · Pledges and grants receivable

    end of year $20,000

  • 4 · Accounts receivable

    end of year $1,632

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,867 · end of year $2,333

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

    $18,002

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

    $14,206

  • 10c · Land, buildings and equipment, net

    beginning of year $3,914 · end of year $3,796

  • 11 · Investments: publicly traded securities

    beginning of year $762,870 · end of year $668,224

  • 17 · Accounts payable and accrued expenses

    beginning of year $44,202 · end of year $9,708

  • 27 · Net assets without donor restrictions

    beginning of year $1,541,185 · end of year $1,306,906

  • 28 · Net assets with donor restrictions

    beginning of year $74,912 · end of year $152,326

Mission and programs · 2022

Mission

TO EDUCATE THE PUBLIC AND ADVOCATE FOR A BROAD ENERGY POLICY THAT VALUES THE INVESTMENT IN NEW TECHNOLOGIES.

  • EDUCATION AND ADVOCACY:1. UNDERTOOK MULTIPLE ANALYSES OF DECARBONIZATION PATHWAYS AND POLICIES FOR THE ELECTRIC POWER SECTOR.2. STUDIED THE ECONOMIC AND ENVIRONMENTAL IMPACT OF DIFFERENT POLICY OPTIONS FOR REDUCING EMISSIONS3. ENGAGED IN EXTENSIVE AND ONGOING OUTREACH TO A BROAD RANGE OF KEY STAKEHOLDERS ACROSS THE POLITICAL AND CIVIC SPECTRUM TO COMMUNICATE THE FINDINGS FROM OUT RESEARCH AND TO BUILD A STRONG CASE FOR PRAGMATIC POLICY OPTIONS.

    Expenses $755,149

As filed on the 2022 return.

Listed in Part VII

  • Joseph Chaisson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Paula Dobriansky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steven F Hayward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Roger Martella

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Paul Saunders

    DIRECTOR & PRESIDENT

    Total calculated
    $334,891
    From this org
    $299,891
    From related orgs
    $0
    Other
    $35,000
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $289,891
    Bonus
    $10,000
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $23,000
    Filer's total
    $334,891

  • Samuel Thernstrom

    DIRECTOR & CEO

    Total calculated
    $343,033
    From this org
    $308,033
    From related orgs
    $0
    Other
    $35,000
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $295,533
    Bonus
    $12,500
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $23,000
    Filer's total
    $343,033

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.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202333199349304478

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