Overview
What is Power For All?
Power For All is a nonprofit organization headquartered in San Francisco, California, with a mission to promote the widespread use of decentralized renewable energy. They aim to achieve this by fostering collaboration among various energy sector stakeholders, including utilities and decentralized energy providers. Through their Utilities 2.0 initiative, Power For All has identified the necessary technical, regulatory, and business models for an integrated energy system. Their work has demonstrated the potential for cost-effective collaboration between utilities and decentralized energy companies to achieve universal energy access. With a team of four employees, Power For All is committed to accelerating the adoption of decentralized renewable energy and building a robust network of partners in the energy access ecosystem.
Official website here: www.powerforall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating. Power For All demonstrates strong accountability and financial health, with a particularly high score of 96 in this area. The organization is governed by an independent board, with 83% of members being independent, which promotes transparency and effective oversight. Additionally, their financial practices are robust, as shown by a low liabilities to assets ratio of 21.79% and a program expense ratio of 78.62%, indicating a significant portion of their funds directly support their mission.
While the organization's culture and community score stands at 77, which is commendable, there is still room for enhancement in their equity strategies. This score reflects the organization's commitment to inclusivity and engagement within the communities they serve. Nevertheless, some stakeholders may seek further improvement in these areas to strengthen their overall impact.
Overall, Power For All exhibits a strong commitment to accountability and effective financial management, making it a trustworthy organization for potential donors. The solid performance in various indicators suggests that Power For All is dedicated to its mission and responsible in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Power For All legitimate?
Power For All is a legitimate nonprofit organization registered as a 501(c)(3) entity. Power For All 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: $223,696
Professional Fundraising Fees: $19,425
Other Salaries and Wages: $222,640
For more financial information, click here
Official website here: www.powerforall.org
What is the mission statement of Power For All?
Power For All's mission is centered around fostering collaboration within the energy access ecosystem. Their goal is to expedite the adoption of decentralized renewable energy by building and mobilizing a network of partners. Through initiatives like Utilities 2.0, Power For All demonstrates how different sectors of the energy industry can work together to accelerate access, promote economic growth, and create sustainable companies. By partnering with both centralized and decentralized energy providers, Power For All has shown that effective collaboration between utilities and decentralized renewable energy companies can be achieved cost-effectively, paving the way for universal energy access and offering a blueprint for replication in other countries.
Official website here: www.powerforall.org
Who is the CEO of Power For All?
Kristina Skierka is the President & Ceo of Power For All. The CEO's salary of Power For All is $212,295 and their total compensation is $223,696.
Official website here: www.powerforall.org
What is the revenue of Power For All?
Power For All's revenue in 2022 was $845,294.
Official website here: www.powerforall.org
Who are the executives of Power For All and what are their salaries?
The average compensation at Power For All during 2022 was $111,584. There are 4 employees and 5 volunteers at Power For All.
Here are 6 key members and their salaries (Power For All's CEO's salary is $212,295 and their total compensation is $223,696):
- Compensation: $212,295
- Related: $0
- Other: $11,401
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.powerforall.org
Where can I find the form 990 for Power For All?
Power For All's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.powerforall.org
Learn more at the official website: www.powerforall.org
Mission Statement of Power For All
Power For All, as an organization, is dedicated to advancing its mission. This mission involves building and mobilizing a collaborative network of partners spanning the energy access ecosystem. The primary goal of this network is to accelerate the adoption of decentralized renewable energy. By bringing together various stakeholders, Power For All aims to foster a collective effort that drives the widespread use of decentralized renewable energy.
To accomplish this mission, Power For All initiates projects such as its Utilities 2.0 (U.2.0) initiative. This initiative demonstrates the potential for the entire energy sector to collaborate, fostering economic growth, social impact, and sustainable businesses. Through partnerships with both centralized and decentralized energy providers, U.2.0 identifies and addresses technical, regulatory, and business model challenges necessary for an integrated energy system. The U.2.0 Uganda pilot project, a testament to this collaborative approach, has shown how utilities and decentralized renewable energy companies can work together cost-effectively to achieve universal energy access. This successful pilot serves as a blueprint for replication in other countries, furthering Power For All's mission of accelerating decentralized renewable energy adoption.
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Impact
July, 2024
Power For All's impact is significant in the energy access ecosystem. Through initiatives like Utilities 2.0, they demonstrate how collaboration between centralized and decentralized energy providers can accelerate access to decentralized renewable energy. Their work in countries like Uganda has shown that utilities and DRE companies can effectively collaborate to achieve universal access, creating economic growth, social impact, and sustainable companies. This collaboration model serves as a blueprint for replication in other countries, making a tangible difference in increasing energy access worldwide.
This information is meant to be a general summary of Power For All. 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.
- Program Service Revenue: $49,912
- Gross Receipts: $845,294
Assets and Liabilities:
- Total Assets: $405,218
- Total Liabilities: $88,330
- Net Assets: $316,888
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fee for service contracts
Revenue
$49,912
Organization Details
Founding Year
2016
Phone
(415) 331-3387Principal Officer
Kristina Skierka
Main Address
1012 Torney Ave, San Francisco, CA, 94129
Website
www.powerforall.orgNTEE Category
Code: Q32 - International
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