Overview
What is Oil Change International Inc?
Oil Change International Inc is a nonprofit organization based in Washington D.C. With a workforce of 13 individuals, their primary focus is to educate the public about the environmental, human rights, economic, and national security implications of the fossil fuel industry. They conduct thorough research on public financing and subsidies for energy, changes in international energy policies, and the impacts of fossil fuel development. Their work also involves analyzing the fossil fuel industry's economics and environmental impact, as well as advocating for sustainable alternatives to the industry. Their mission is to inform both the public and the investor community about these matters.
Official website here: www.priceofoil.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100% (Four-Star out of Four Star rating)
Oil Change International Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization has a perfect score in accountability, demonstrating strong financial practices, including a fully independent board and no material diversion of assets. The program expense ratio of 81.69% indicates that a significant majority of its funding goes directly to its mission-driven programs.
Additionally, Oil Change International is recognized for its leadership and adaptability, earning a perfect score in this category as well. The organization shows commitment to developing its leadership and has proven its ability to adjust to changing external conditions, which is crucial for long-term sustainability and effectiveness in its efforts.
Despite its strong ratings, potential donors might consider the overall impact of its programs, which is not detailed in the financial metrics alone. Nevertheless, the transparency and financial health highlighted by the ratings provide a solid foundation for trust in their operations and mission.
This AI summary has been generated from information found on Charity Navigator.
Is Oil Change International Inc legitimate?
Oil Change International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oil Change International Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $119,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $997,233
For more financial information, click here
Official website here: www.priceofoil.org
What is the mission statement of Oil Change International Inc?
Oil Change International Inc's mission involves conducting ongoing public education and research on various aspects associated with the production and consumption of fossil fuels. Their focus includes examining the environmental, human rights, economic, and national security impacts of these resources. The organization advocates for informed decision-making by educating the public on public institution support for the fossil fuel industry. They also investigate the extent of public finance and subsidies for energy, monitor changes in international energy policy, and analyze the impacts of fossil fuel development. Furthermore, Oil Change International Inc educates the public and investor community about the environmental and social impacts of the fossil fuel industry. Their work encompasses global campaigns, research on fossil fuel industry economics, and analysis of the effects on the environment, development, and energy security.
Official website here: www.priceofoil.org
Who is the CEO of Oil Change International Inc?
Elizabeth Bast is the Director of Oil Change International Inc.
Official website here: www.priceofoil.org
What is the revenue of Oil Change International Inc?
Oil Change International Inc's revenue in 2022 was $5,655,295.
Official website here: www.priceofoil.org
Who are the executives of Oil Change International Inc and what are their salaries?
The average compensation at Oil Change International Inc during 2022 was $85,889. There are 13 employees at Oil Change International Inc.
Here are 13 key members and their salaries:
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- Compensation: $119,326
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- Other: $33,386
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Official website here: www.priceofoil.org
Where can I find the form 990 for Oil Change International Inc?
Oil Change International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.priceofoil.org
Learn more at the official website: www.priceofoil.org
Mission Statement of Oil Change International Inc
Oil Change International Inc is dedicated to conducting ongoing public education and research on various aspects related to fossil fuels. Their mission is to shed light on the environmental, human rights, economic, and national security impacts associated with the production and consumption of these energy sources. By doing so, they aim to inform the public and stimulate discussions around public institution support for the fossil fuel industry.
Furthermore, Oil Change International Inc is engaged in investigating the extent of public finance and subsidies for the energy sector. They strive to educate the public on changes in international energy policy and the impacts of fossil fuel development. By conducting research on the fossil fuel industry's economics and environmental, development, and energy security implications, they aim to inform both the public and the investor community.
In essence, Oil Change International Inc seeks to raise awareness of the environmental and social impacts of the fossil fuel industry, advocating for more sustainable and responsible energy practices. Their mission is to contribute to a more informed and engaged public, advocating for policies that prioritize the protection of the environment, human rights, and national security.
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Impact
October, 2024
Oil Change International Inc plays a crucial role in raising awareness about the multifaceted impacts of fossil fuel production and consumption. By conducting in-depth research and public education campaigns, the organization examines the environmental consequences, human rights issues, economic ramifications, and national security threats associated with fossil fuels.
Through its global campaigns, Oil Change International educates the public about the extensive financial support and subsidies provided to the fossil fuel industry by public institutions. This initiative helps inform grassroots advocacy efforts aiming to reduce dependency on fossil fuels and shift toward sustainable energy sources.
Additionally, the organization analyzes changes in international energy policies and their potential impacts, facilitating a deeper understanding of how such developments can affect fossil fuel production and expansion. By scrutinizing the economics of the fossil fuel industry, it reveals critical insights into its environmental and developmental impacts, fostering informed discussion among policymakers, investors, and the public.
The commitment to transparency and education by Oil Change International empowers communities and stakeholders to advocate for energy policies that prioritize sustainability and equitable resource use, ultimately contributing to a global transition away from fossil fuels.
This information is meant to be a general summary of Oil Change International Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $158
- Gross Receipts: $5,655,295
Assets and Liabilities:
- Total Assets: $3,725,119
- Total Liabilities: $60,363
- Net Assets: $3,664,756
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Organization Details
Founding Year
2005
Phone
(202) 518-9029Principal Officer
Elizabeth Bast
Main Address
714 G Street SE, Washington, DC, 20003
Website
www.priceofoil.orgNTEE Category
Code: W050 - Public benefit
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