Overview
What is Energy Action Network Inc?
Energy Action Network Inc, a non-profit based in Montpelier, Vermont, is dedicated to achieving the state's climate and energy goals while creating a more sustainable future for its residents. They function as a network, bringing together various non-profits, businesses, public agencies, and organizations to collaborate and work towards this common objective. The organization compiles data and analysis, providing a platform for sharing insights and fostering collaboration. With a team of four employees, they strive to create a more just and thriving Vermont, contributing significantly to the state's climate commitments and energy sector.
Official website here: www.eanvt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Energy Action Network Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance primarily in the Accountability & Finance category. The organization scored 83% in this area, reflecting a commitment to transparency and responsible financial management. Key strengths include a fully independent board, no material diversion of assets, and a high program expense ratio of 86.05%, which suggests that a significant portion of their funds is directed towards their mission-related activities.
The charity's governance policies are commendable, with all board members being independent and several accountability measures in place, such as conflict of interest policies and documented board meeting minutes. However, the organization is noted to be missing a whistleblower policy and a document retention and destruction policy, which are key to maintaining transparency and ethical practices.
Overall, while Energy Action Network Inc demonstrates strong accountability and financial practices, the absence of certain governance policies indicates areas for improvement. This rating and feedback suggest that potential donors can have confidence in the organization's operations while recognizing the need for enhanced policy development.
This AI summary has been generated from information found on Charity Navigator.
Is Energy Action Network Inc legitimate?
Energy Action Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Energy Action Network 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: $133,291
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,070
For more financial information, click here
Official website here: www.eanvt.org
What is the mission statement of Energy Action Network Inc?
Energy Action Network (EAN) strives to fulfill Vermont's climate and energy commitments, aiming to foster a more equitable, prosperous, and sustainable future for everyone. As a non-profit organization, EAN collates data and analysis, and convenes a network of various organizations to collaborate on achieving Vermont's climate and energy goals. By working together, they aim to create a more sustainable future for all Vermonters.
Official website here: www.eanvt.org
Who is the CEO of Energy Action Network Inc?
Jared Duval is the President (Outgoing) of Energy Action Network Inc.
Official website here: www.eanvt.org
What is the revenue of Energy Action Network Inc?
Energy Action Network Inc's revenue in 2022 was $523,289.
Official website here: www.eanvt.org
Who are the executives of Energy Action Network Inc and what are their salaries?
The average compensation at Energy Action Network Inc during 2022 was $70,840. There are 4 employees and 10 volunteers at Energy Action Network Inc.
Here are 11 key members and their salaries:
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- Compensation: $83,604
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- Other: $22,207
Official website here: www.eanvt.org
Where can I find the form 990 for Energy Action Network Inc?
Energy Action Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eanvt.org
Learn more at the official website: www.eanvt.org
Mission Statement of Energy Action Network Inc
Energy Action Network (EAN), a non-profit organization, is dedicated to realizing Vermont's climate and energy objectives, thereby fostering a more equitable, prosperous, and sustainable future for its citizens. The organization focuses on gathering data and analysis, and facilitating collaborative efforts among various nonprofits, businesses, public agencies, and other organizations as they work together to meet Vermont's climate commitments and energy goals. By engaging in these collaborative initiatives, EAN strives to create a unified front in the pursuit of a more environmentally conscious and socially responsible Vermont.
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Impact
July, 2024
Energy Action Network Inc is working to achieve Vermont's climate and energy commitments in ways that create a more just, thriving, and sustainable future for Vermonters. They compile data and analysis, convene and support a network of nonprofits, businesses, public agencies, and other organizations to collectively work towards achieving Vermont's climate goals. Their impact can be seen in the progress made towards a cleaner and more sustainable energy future for Vermont, as well as in fostering collaboration and innovation in the field of environmental sustainability.
This information is meant to be a general summary of Energy Action Network 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: $1,822
- Program Service Revenue: $15,470
- Gross Receipts: $523,289
Assets and Liabilities:
- Total Assets: $816,278
- Total Liabilities: $7,676
- Net Assets: $808,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM EVENTS
Revenue
$15,470
Organization Details
Founding Year
2012
Phone
(802) 829-7421Principal Officer
Jared Duval
Main Address
9 Bailey Avenue, Montpelier, VT, 05602
Website
www.eanvt.orgNTEE Category
Code: C35 - Environment
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