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Nonprofiteer
← ENERGY ACTION FUND

Form 990 for tax year 2023

Filed by ENERGY ACTION FUND.

Totals

Total revenue
$48,011,958
Total expenses
$23,052,573
Contributions and grants received
$47,794,481
Grants paid
$15,474,778
Program service revenue
$0
Investment income
$217,477
Other revenue
$0
Total assets, end of year
$33,339,510
Total liabilities, end of year
$709,026
Net assets or fund balances, end of year
$32,630,484
Program services expenses (Part IX)
$22,526,393
Management and general expenses
$162,394
Fundraising expenses
$363,786
Program service expenses (Part III)
$22,526,393

Program services were 97.7% 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

    $47,794,481

  • 3 · Investment income

    total $217,477 · excluded $217,477

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,474,778 · program services $15,474,778

  • 5 · Compensation of officers, directors and key employees

    total $274,965 · program services $197,928 · management and general $23,776 · fundraising $53,261

  • 7 · Other salaries and wages

    total $797,866 · program services $574,329 · management and general $68,990 · fundraising $154,547

  • 8 · Pension plan contributions

    total $58,793 · program services $42,321 · management and general $5,084 · fundraising $11,388

  • 9 · Other employee benefits

    total $67,783 · program services $48,792 · management and general $5,861 · fundraising $13,130

  • 10 · Payroll taxes

    total $214,064 · program services $154,090 · management and general $18,510 · fundraising $41,464

  • 11b · Fees: legal

    total $100,717 · program services $72,499 · management and general $8,709 · fundraising $19,509

  • 11d · Fees: lobbying

    total $5,699,712 · program services $5,699,712

  • 11g · Fees: other

    total $229,414 · program services $164,135 · management and general $20,146 · fundraising $45,133

  • 13 · Office expenses

    total $17,853 · program services $13,420 · management and general $1,368 · fundraising $3,065

  • 14 · Information technology

    total $46,604 · program services $33,547 · management and general $4,030 · fundraising $9,027

  • 16 · Occupancy

    total $51,368 · program services $36,976 · management and general $4,442 · fundraising $9,950

  • 17 · Travel

    total $14,908 · program services $10,521 · management and general $1,354 · fundraising $3,033

  • 19 · Conferences, conventions and meetings

    total $878 · program services $842 · management and general $11 · fundraising $25

  • 23 · Insurance

    total $1,311 · program services $944 · management and general $113 · fundraising $254

  • 24a · Other expenses: MEMBERSHIP FEES

    total $1,159 · program services $1,159

  • 24b · Other expenses: TAX FILING FEES

    total $400 · program services $400

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,702,565 · end of year $11,862,461

  • 2 · Savings and temporary cash investments

    beginning of year $4,474,340 · end of year $4,691,817

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $16,587,981

  • 9 · Prepaid expenses and deferred charges

    beginning of year $39,400 · end of year $197,251

  • 17 · Accounts payable and accrued expenses

    beginning of year $583,682 · end of year $709,026

  • 27 · Net assets without donor restrictions

    beginning of year $2,824,582 · end of year $11,131,316

  • 28 · Net assets with donor restrictions

    beginning of year $4,808,041 · end of year $21,499,168

Mission and programs · 2023

Mission

ENERGY ACTION FUND ADVOCATES FOR A CLEAN AND EQUITABLE ENERGY FUTURE TO TACKLE THE CLIMATE CRISIS.

  • TO PROVIDE GRANTS TO SUPPORT THE ADVANCEMENT OF CLEAN ENERGY AND ENERGY EFFICIENCY POLICIES.

    Expenses $22,526,393 · Grants $15,474,778

As filed on the 2023 return.

Listed in Part VII

  • Nicole Systrom

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jason Mark

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Brian Stanley

    SECRETARY

    Total calculated
    $57,287
    From this org
    $50,780
    From related orgs
    $0
    Other
    $6,507
    Hours/week
    6

  • Courtney Cuff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Phil Sharp

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Virginia Lacy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Eric Heitz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ryan Werder

    EAF EXECUTIVE DIRECTOR

    Total calculated
    $217,678
    From this org
    $188,751
    From related orgs
    $0
    Other
    $28,927
    Hours/week
    28

    Schedule J breakdown matched by us

    Base
    $188,751
    Bonus
    $0
    Other
    $0
    Deferred
    $15,730
    Nontaxable benefits
    $13,197
    Filer's total
    $217,678

  • Elizabeth Shroff

    PROGRAM DIRECTOR

    Total calculated
    $167,591
    From this org
    $142,900
    From related orgs
    $0
    Other
    $24,691
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $142,900
    Bonus
    $0
    Other
    $0
    Deferred
    $10,057
    Nontaxable benefits
    $14,634
    Filer's total
    $167,591

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

  • 1a · Tax indemnification and gross-up payments
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 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

The filer's explanations (Part III)

PART I, LINE 1A
ENERGY ACTION FUND PROVIDES ALL EMPLOYEES A GROUP LIFE INSURANCE BENEFIT EQUAL TO THEIR ANNUAL SALARY, THE TAX GROSS-UP IS PROVIDED TO OFFSET THE IRS TAX FOR THE AMOUNT OVER THE NONTAXABLE $50,000 POLICY LIMIT. ALL EMPLOYEES RECEIVE A $70 PER MONTH WELLNESS BENEFIT TO ENCOURAGE PARTICIPATION IN A HEALTH/FITNESS CLUB. THIS BENEFITS WERE TREATED AS TAXABLE TO THE EMPLOYEE.
PART I, LINE 1
DURING 2023, RYAN WERDER AND ELIZABETH SHROFF RECEIVED COMPENSATION FROM UNITED STATES ENERGY FOUNDATION, AN UNRELATED ORGANIZATION. TOTAL COMPENSATION IS REPORTED BELOW. RYAN WERDER BASE COMPENSATION: $188,751 RETIREMENT AND OTHER DEFERRED COMPENSATION: $15,730 NONTAXABLE BENEFITS: $13,197 ELIZABETH SHROFF BASE COMPENSATION: $142,900 RETIREMENT AND OTHER DEFERRED COMPENSATION: $10,057 NONTAXABLE BENEFITS: $14,634

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202413189349301936

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