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Nonprofiteer
← POWER 4 TOMORROW INC

Form 990 for tax year 2023

Filed by POWER 4 TOMORROW INC.

Totals

Total revenue
$1,426,596
Total expenses
$1,585,191
Contributions and grants received
$1,426,596
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$413,862
Total liabilities, end of year
$360,996
Net assets or fund balances, end of year
$52,866
Program services expenses (Part IX)
$1,347,285
Management and general expenses
$237,906
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 85.0% 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.

  • 1b · Membership dues

    $1,426,596

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $154,170 · management and general $154,170

  • 11c · Fees: accounting

    total $31,750 · management and general $31,750

  • 11g · Fees: other

    total $600,700 · program services $600,700

  • 12 · Advertising and promotion

    total $114,709 · program services $114,709

  • 13 · Office expenses

    total $172,823 · program services $131,950 · management and general $40,873

  • 14 · Information technology

    total $11,113 · management and general $11,113

  • 18 · Travel or entertainment for public officials

    total $104,942 · program services $104,942

  • 19 · Conferences, conventions and meetings

    total $35,711 · program services $35,711

  • 24a · Other expenses: PUBLIC RELATIONS

    total $115,000 · program services $115,000

  • 24b · Other expenses: DIGITAL COMMUNICATIONS

    total $99,373 · program services $99,373

  • 24c · Other expenses: MEDIA MONITORING

    total $75,000 · program services $75,000

  • 24d · Other expenses: BAD DEBT EXPENSE

    total $67,400 · program services $67,400

  • 24e · All other expenses

    total $2,500 · program services $2,500

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $188,304 · end of year $263,862

  • 4 · Accounts receivable

    beginning of year $67,400 · end of year $150,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $44,070 · end of year $60,996

  • 19 · Deferred revenue

    end of year $300,000

  • 25 · Other liabilities

    beginning of year $173

  • 31 · Retained earnings, endowment or other funds

    beginning of year $211,461 · end of year $52,866

Mission and programs · 2023

Mission

POWER FOR TOMORROW IS A 501 (C) (6) TRADE ASSOCIATION THAT STRIVES TO BECOME A NATION'S PREMIER RESOURCE FOR PROVIDING THOUGHTFUL, PRACTICAL RESEARCH, COMMENTARY, AND INFORMATION REGARDING HOW THE REGULATED ELECTRIC UTILITY MODEL CAN PROTECT CONSUMERS AND SUPPORT ENVIRONMENTAL AND PUBLIC GOALS.

  • PROGRAM SUPPORT: POWER FOR TOMORROW (PFT) EDUCATES CONSUMERS ACCROSS THE COUNTRY THROUGH PAID MEDIA OFFERING A PRACTICAL ANALYSIS OF HOW REGULATED UTILITIES ARE BEST POSITIONED TO PRODUCE RELIABLE ELECTRICITY, PROTECT CONSUMERS, AND ADAPT TO THE QUICKLY CHANGING ENERGY LANDSCAPE; ALL WHILE ALLOWING STATES TO PURSUE THEIR OWN PUBLIC POLICY GOALS. IN 2021 POWER FOR TOMORROW PUBLISHED VARIOUS RESEARCH PAPERS, COMMENTARY AND INSIGHTS SPECIFIC TO THIS TOPIC, ADDRESSING TRENDS, EMERGING ISSUES AND BREAKING NEWS- ALL BACKED BY DATA AND THOUGHTFUL ANALYSIS. ADDITIONALY, PFT LEAD PUBLIC EDUCATION CAMPAIGNS TO BETTER INFORM CUSTOMERS, LAWMAKERS, AND THE MEDIA ABOUT EFFORTS TO DEREGULATED STATES AND ADOPT THE RISKY TEXAS MODEL.

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

Listed in Part VII

  • Noel Black

    OFFICER

    Total calculated
    $0
    Hours/week
    1
  • Gary Meltz

    SECRETARY

    Total calculated
    $0
    Hours/week
    10
  • Pepper Natonski

    OFFICER

    Total calculated
    $0
    Hours/week
    1
  • Leroy Nix

    OFFICER

    Total calculated
    $0
    Hours/week
    1
  • Brad Viator

    TREASURER

    Total calculated
    $0
    Hours/week
    10
  • Keith Windle

    OFFICER

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
30 October 2024
IRS schema version
2023v5.0
Source object
202433209349310783

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