Overview
What is Global Energy Monitor?
Global Energy Monitor is a nonprofit organization based in San Francisco, California, with 51 employees. Their primary mission is to support the global clean energy movement by developing and sharing information. This includes two upcoming projects, the Global Solar Power Tracker (GSPT) and the Global Wind Power Tracker (GWPT), which aim to provide detailed overviews of solar and wind power infrastructure worldwide. These trackers will offer interactive maps and tables on the organization's public website, allowing users to access location details, satellite imagery, and footnoted wiki pages of individual facilities. The tracker data will also be available in spreadsheet format for researchers, universities, international agencies, and media organizations. Additionally, Global Energy Monitor's open data program strives to make energy-related information accessible to a broad audience, free of charge, through their Global Energy Monitor Wiki, which contains over 28,000 pages cataloging various aspects of the global energy system. Overall, Global Energy Monitor's activities are geared towards contributing to the worldwide transition towards clean energy.
Official website here: www.globalenergymonitor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Global Energy Monitor has achieved an impressive Four-Star rating from Charity Navigator, reflecting an exceptional score in Accountability and Finance. This high score, based on a thorough evaluation of their financial practices, indicates a strong commitment to transparency and responsible management of funds, making them a trustworthy organization for potential donors and supporters.
The organization exhibits several notable strengths, including a highly independent board with 83% of its members being independent, rigorous financial oversight, and effective policies to prevent conflicts of interest. Their financial metrics are commendable, with an impressive program expense ratio of 86.05%, demonstrating that a significant portion of their resources directly supports their programs. Furthermore, their fundraising efficiency is remarkable, with costs kept low at just $0.022 per dollar raised.
While the data highlights Global Energy Monitor's strengths, it is essential to consider the overall context of nonprofit organizations and their operations. The organization does not appear to have any reported limitations regarding financial practices or governance. This indicates that Global Energy Monitor is well-positioned to continue its mission effectively and sustainably.
This AI summary has been generated from information found on Charity Navigator.
Is Global Energy Monitor legitimate?
Global Energy Monitor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Energy Monitor 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: $285,601
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,147,976
For more financial information, click here
Official website here: www.globalenergymonitor.org
What is the mission statement of Global Energy Monitor?
The mission of Global Energy Monitor is centered on supporting the global shift towards clean energy. Specifically, they aim to collect and disseminate crucial information to fuel the worldwide clean energy movement. Two significant projects underway are the Global Solar Power Tracker and the Global Wind Power Tracker, which will offer comprehensive overviews of solar and wind power infrastructure globally, providing interactive maps and detailed data. Furthermore, Global Energy Monitor's open data program works towards making energy-related information accessible to the public, with their website, Global Energy Monitor Wiki, offering over 28,000 pages of data on various aspects of the global energy system.
Official website here: www.globalenergymonitor.org
Who is the CEO of Global Energy Monitor?
Theodore Nace is the President of Global Energy Monitor.
Official website here: www.globalenergymonitor.org
What is the revenue of Global Energy Monitor?
Global Energy Monitor's revenue in 2022 was $6,281,028.
Official website here: www.globalenergymonitor.org
Who are the executives of Global Energy Monitor and what are their salaries?
The average compensation at Global Energy Monitor during 2022 was $67,325. There are 51 employees and 5 volunteers at Global Energy Monitor.
Here are 9 key members and their salaries:
- Compensation: $143,175
- Related: $0
- Other: $5,368
- Compensation: $118,005
- Related: $0
- Other: $0
- Compensation: $110,843
- Related: $0
- Other: $4,729
- Compensation: $102,614
- Related: $0
- Other: $3,771
- 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.globalenergymonitor.org
Where can I find the form 990 for Global Energy Monitor?
Global Energy Monitor's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.globalenergymonitor.org
Learn more at the official website: www.globalenergymonitor.org
Mission Statement of Global Energy Monitor
Global Energy Monitor, an organization dedicated to clean energy, aims to support the global movement towards renewable power sources. Their mission is focused on the collection and dissemination of information that strengthens this worldwide effort.
One of their key initiatives involves the creation of two forthcoming projects: the Global Solar Power Tracker (GSPT) and the Global Wind Power Tracker (GWPT). These projects will offer detailed insights into solar and wind power infrastructure across the globe. Users will have access to interactive maps and tables showcasing the locations of these facilities, along with satellite imagery and footnoted wiki pages for each facility. The data will also be made available in spreadsheet format to researchers and organizations in the nonprofit, academic, international, and media sectors. The trackers will be updated twice a year, and their findings will be published in regular reports.
In addition to their renewables program, Global Energy Monitor also runs an open data program. This program encompasses all efforts to make energy-related information freely accessible to a wide audience. Through their Global Energy Monitor Wiki, they have amassed over 28,000 pages cataloging a significant portion of the global energy system, including resource reserves, extraction operations, transportation systems, power plants, ownership, financing, and more. This comprehensive database is available to the public free of charge.
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Impact
June, 2024
Global Energy Monitor is making a significant impact by developing and sharing critical information to support the global movement for clean energy. Through projects like the Global Solar Power Tracker and the Global Wind Power Tracker, they provide detailed insights into solar and wind power infrastructure worldwide. By offering interactive maps, tables, and open data through their Wiki platform, Global Energy Monitor empowers researchers, nonprofit groups, universities, and media organizations with valuable information to drive the transition to clean energy. Their efforts contribute to increased transparency, awareness, and progress towards a sustainable energy future.
This information is meant to be a general summary of Global Energy Monitor. 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: $198,213
- Gross Receipts: $6,281,028
Assets and Liabilities:
- Total Assets: $4,515,868
- Total Liabilities: $408,518
- Net Assets: $4,107,350
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program service fees
Revenue
$198,213
Organization Details
Founding Year
2017
Phone
(510) 331-8743Principal Officer
Theodore Nace
Main Address
1254 Utah Street, San Francisco, CA, 94110
Website
www.globalenergymonitor.orgNTEE Category
Code: C30 - Environment
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