Overview
What is Institute For Energy Economics And Financial Analysis Inc?
The Institute for Energy Economics and Financial Analysis Inc, based in Lakewood, Ohio, is a nonprofit organization that focuses on analyzing and publishing studies related to energy issues, resource planning, power plant economics and financing, the financial and economic risks of energy alternatives, water and energy, and coal and oil reserves, exports, and prices. Their mission is to accelerate the transition towards a diverse, sustainable, and profitable energy economy, aiming to foster a more environmentally friendly and economically viable energy sector. They currently employ approximately 25 individuals.
Official website here: www.ieefa.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star Rating
The Institute For Energy Economics And Financial Analysis Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization achieved a perfect score in several areas, including an independent board composed entirely of independent members and effective governance policies like conflict of interest and whistleblower protections.
Financially, the nonprofit demonstrates impressive metrics, with 88.47% of its expenses allocated to programs, indicating a robust focus on its mission. Its fundraising efficiency is notably high, with a minimal cost per dollar raised, showcasing an effective use of resources. The organization also maintains a low ratio of liabilities to assets, suggesting a healthy financial position.
There are no significant limitations noted in the available data, which highlights the organization's strengths in governance, financial management, and transparency. Overall, the Institute For Energy Economics And Financial Analysis Inc stands out as a well-managed nonprofit dedicated to its cause and responsible stewardship of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Energy Economics And Financial Analysis Inc legitimate?
Institute For Energy Economics And Financial Analysis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Energy Economics And Financial Analysis 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: $505,905
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,149,594
For more financial information, click here
Official website here: www.ieefa.org/
What is the mission statement of Institute For Energy Economics And Financial Analysis Inc?
The Institute for Energy Economics and Financial Analysis Inc aims to drive the transition towards a diverse, sustainable, and profitable energy economy. To achieve this, they conduct various analyses and publish studies on energy-related issues, resource planning, power plant economics and financing, the financial and economic risks of energy alternatives, water and energy, and coal and oil reserves, exports, and prices. Their goal is to accelerate the shift towards a greener and more economically viable energy sector.
Official website here: www.ieefa.org/
Who is the CEO of Institute For Energy Economics And Financial Analysis Inc?
Alexandra Buchanan is the President of Institute For Energy Economics And Financial Analysis Inc.
Official website here: www.ieefa.org/
What is the revenue of Institute For Energy Economics And Financial Analysis Inc?
Institute For Energy Economics And Financial Analysis Inc's revenue in 2022 was $11,713,002.
Official website here: www.ieefa.org/
Who are the executives of Institute For Energy Economics And Financial Analysis Inc and what are their salaries?
The average compensation at Institute For Energy Economics And Financial Analysis Inc during 2022 was $106,220. There are 25 employees and 10 volunteers at Institute For Energy Economics And Financial Analysis Inc.
Here are 13 key members and their salaries:
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- Compensation: $250,000
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- Other: $26,929
- Compensation: $188,127
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- Other: $40,849
- Compensation: $138,571
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- Other: $31,512
- Compensation: $147,858
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- Other: $18,081
- Compensation: $154,000
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- Other: $4,579
- Compensation: $106,872
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- Other: $23,538
- Compensation: $108,135
- Related: $0
- Other: $15,357
Official website here: www.ieefa.org/
Where can I find the form 990 for Institute For Energy Economics And Financial Analysis Inc?
Institute For Energy Economics And Financial Analysis Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ieefa.org/
Learn more at the official website: www.ieefa.org/
Mission Statement of Institute For Energy Economics And Financial Analysis Inc
The Institute for Energy Economics and Financial Analysis Inc is committed to fostering a shift towards a diverse, sustainable, and profitable energy economy. This organization undertakes comprehensive analysis and publishes insightful studies on a variety of energy-related issues, including resource planning, power plant economics and financing, the financial and economic risks of energy alternatives, water and energy, and coal and oil reserves, exports, and prices. By doing so, it aims to accelerate the transition to a more sustainable and profitable energy system.
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Impact
June, 2024
The Institute For Energy Economics And Financial Analysis Inc's impact lies in accelerating the transition to a diverse, sustainable, and profitable energy economy. By conducting detailed analysis and publishing studies on various energy issues such as resource planning, power plant economics, and financial risks of energy alternatives, this organization plays a crucial role in shaping the future of energy production and consumption. Their focus on areas like water and energy, as well as coal and oil reserves, exports, and prices, provides valuable insights to policymakers, industry stakeholders, and the public. Through their work, they contribute to the advancement of environmental sustainability and promote the adoption of cleaner and more efficient energy practices.
This information is meant to be a general summary of Institute For Energy Economics And Financial Analysis 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: $1,956
- Program Service Revenue: $140,797
- Gross Receipts: $11,713,002
Assets and Liabilities:
- Total Assets: $14,825,834
- Total Liabilities: $650,521
- Net Assets: $14,175,313
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH
Revenue
$140,797
Organization Details
Founding Year
2011
Phone
(216) 712-6612Principal Officer
Alexandra Buchanan
Main Address
14900 DETROIT AVE 206, LAKEWOOD, OH, 44107
Website
www.ieefa.org/NTEE Category
Code: C60 - Environment
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