Overview
What is Americans For A Clean Energy Grid?
Americans For A Clean Energy Grid (ACEG) is a nonprofit organization dedicated to advocating for policies and regulations that promote the expansion, modernization, and integration of the high-voltage electric transmission grid. Their goal is to create a clean energy economy that meets the scientifically validated global objective of reducing greenhouse gas emissions by 80%. To achieve this, they educate stakeholders and the public on the importance of a clean energy economy and provide recommendations to the Federal Energy Regulatory Commission (FERC) on how to advance transmission. ACEG engages with FERC commissioners and staff, submits comments on relevant dockets, reviews technical materials, and prepares reports for FERC staff related to transmission policies. They currently have a small team of one individual working towards this mission.
Official website here: www.cleanenergygrid.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 1 star (55%)
Americans For A Clean Energy Grid has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and has strong oversight practices in areas like financial audits, it falls short in critical areas such as conflict of interest policies and document retention, which are essential for transparency and good governance.
The charity's program expense ratio is relatively low at 55.22%, suggesting that a considerable portion of its funding may not be directed towards programmatic activities. The liabilities to assets ratio of 76.18% raises red flags about the organization's financial health, hinting that it may be over-leveraged. These financial indicators contribute to an overall lack of confidence in how effectively the charity utilizes its resources to achieve its mission.
Despite the identified strengths in board independence and financial oversight, the significant gaps in policy frameworks and financial management practices suggest that potential donors may want to exercise caution. Addressing these issues could improve the organization's standing and effectiveness in promoting clean energy initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Americans For A Clean Energy Grid legitimate?
Americans For A Clean Energy Grid is a legitimate nonprofit organization registered as a 501(c)(3) entity. Americans For A Clean Energy Grid 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,900
For more financial information, click here
Official website here: www.cleanenergygrid.org
What is the mission statement of Americans For A Clean Energy Grid?
Americans For A Clean Energy Grid (ACEG) aims to educate stakeholders and the public to support policies and regulations that favor the expansion, modernization, and integration of the high-voltage electric transmission grid. Their objective is to foster a clean energy economy, one that reduces greenhouse gas emissions by 80%, as per the scientifically-validated global objective. To achieve this, ACEG engages in discussions with regulatory bodies, such as the Federal Energy Regulatory Commission (FERC), to present recommendations on how the commission can advance transmission. They have submitted comments on various dockets, reviewed FERC technical materials, and prepared reports for FERC staff related to transmission policies.
Official website here: www.cleanenergygrid.org
Who is the CEO of Americans For A Clean Energy Grid?
Christina Hayes is the Director of Americans For A Clean Energy Grid.
Official website here: www.cleanenergygrid.org
What is the revenue of Americans For A Clean Energy Grid?
Americans For A Clean Energy Grid's revenue in 2022 was $1,193,774.
Official website here: www.cleanenergygrid.org
Who are the executives of Americans For A Clean Energy Grid and what are their salaries?
The average compensation at Americans For A Clean Energy Grid during 2022 was $123,900. There is 1 employee at Americans For A Clean Energy Grid.
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Official website here: www.cleanenergygrid.org
Where can I find the form 990 for Americans For A Clean Energy Grid?
Americans For A Clean Energy Grid's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cleanenergygrid.org
Learn more at the official website: www.cleanenergygrid.org
Mission Statement of Americans For A Clean Energy Grid
Americans For A Clean Energy Grid, often referred to as ACEG, is an organization dedicated to educating stakeholders and the public about the importance of policies and regulations that promote the expansion, modernization, and integration of the high-voltage electric transmission grid. The ultimate goal is to establish a clean energy economy that achieves a scientifically-validated global objective of reducing greenhouse gas emissions by 80%.
In essence, ACEG serves as a catalyst for change by advocating for policies that support the development of a more efficient and sustainable energy infrastructure. By doing so, they aim to create an economy that not only reduces its carbon footprint but also contributes to the global fight against climate change.
To accomplish this mission, ACEG engages in various activities, such as meetings with Federal Energy Regulatory Commission (FERC) commissioners and staff to discuss recommendations on how FERC can advance transmission. They also submit comments on dockets like the Advanced Notice of Proposed Rulemaking on Transmission and review FERC technical materials. Moreover, they prepare reports for FERC staff related to their transmission policies. These efforts highlight ACEG's commitment to promoting a cleaner, more sustainable future.
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Impact
June, 2024
Americans For A Clean Energy Grid's impact lies in their efforts to educate stakeholders and the public about supporting policies and regulations that promote the expansion, modernization, and integration of the high-voltage electric transmission grid. By advocating for a clean energy economy that aligns with reducing greenhouse gas emissions by 80%, they contribute to the advancement and implementation of sustainable energy practices. Through engagements with FERC commissioners and staff, submitting comments on dockets, and preparing reports, they play a pivotal role in shaping transmission policies that support the transition to cleaner energy sources.
This information is meant to be a general summary of Americans For A Clean Energy Grid. 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: $1,425
- Gross Receipts: $1,193,774
Assets and Liabilities:
- Total Assets: $1,564,195
- Total Liabilities: $1,191,644
- Net Assets: $372,551
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Organization Details
Founding Year
2017
Phone
(703) 717-5592Principal Officer
Christina Hayes
Main Address
3100 CLARENDON BLVD 800, ARLINGTON, VA, 22201
Website
www.cleanenergygrid.orgNTEE Category
Code: C35 - Environment
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