National Energy Foundation Inc
- Assets
- $10.3m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 124
- Location
- Salt Lake Cty, UT
- Founding
- 06/1977
- Data as of
- 06/2022
- EIN
- 13-2877240
Organization Overview
National Energy Foundation Inc is located in Salt Lake Cty, UT. The organization was established in 1977. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 06/2022, National Energy Foundation Inc employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Energy Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, National Energy Foundation Inc generated $12.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $11.6m during the year ending 06/2022. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CULTIVATE AND PROMOTE AN ENERGY LITERATE SOCIETY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENERGY MANAGEMENT PROGRAMS - IMPLEMENT BEHAVIORAL STRATEGIES THAT PRODUCE IMPRESSIVE MEASURABLE ENERGY SAVINGS TOTAL NUMBER OF EVENTS: 7,460 TOTAL NUMBER OF PARTICIPANTS: 255,881 ESTIMATED NUMBER OF STUDENTS REACHED: 246,157 REACH: CO CT IL IN LA MD MI MN NM NV PA TX
AWARENESS PROGRAMS - FOCUS ON IMPROVING ENERGY AND NATURAL RESOURCE LITERACY THROUGH TEACHER TRAINING MATERIAL DISTRIBUTION STUDENT INVOLVEMENT WEB SITE DEVELOPMENT & MAINTENANCE AND EDUCATIONAL MATERIALS DEVELOPMENT. TOTAL NUMBER OF EVENTS: 12,739 TOTAL NUMBER OF PARTICIPANTS: 113,248 ESTIMATED NUMBER OF STUDENTS REACHED: 293,299 REACH: NATIONWIDE
MATERIALS DEVELOPMENT & SALES - DEVELOPMENT AND SALES OF NEW ORIGINAL INSTRUCTIONAL MATERIALS RELATED TO ENERGY AND NATURAL RESOURCES THAT FOCUS ON ENERGY LITERACY. TOTAL NUMBER OF EVENTS: 5,814 TOTAL NUMBER OF PARTICIPANTS: 5,814 ESTIMATED NUMBER OF STUDENTS REACHED: 237,070 REACH: NATIONWIDE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Lowe Vice President Operations | Officer | 0 | $203,795 |
Elissa Richards President | Officer | 42 | $203,727 |
Gary Swan Secretary Vice President | Officer | 42 | $172,621 |
Wayne Bonner Treasurer Vice President | Officer | 42 | $155,554 |
Robin Reinarts Regional Vice President | 42 | $138,896 | |
Janet Hatch COO | 0 | $134,255 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $12,506,752 |
| Investment income | $36,556 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $226,512 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,769,820 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $666,856 |
| Compensation of current officers, directors, key employees. | $433,456 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,029,399 |
| Pension plan accruals and contributions | $48,485 |
| Other employee benefits | $420,962 |
| Payroll taxes | $259,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,736 |
| Fees for services: Accounting | $28,764 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $306,694 |
| Information technology | $70,316 |
| Royalties | $0 |
| Occupancy | $166,132 |
| Travel | $369,939 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,365 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,689 |
| Insurance | $50,969 |
| All other expenses | $81,313 |
| Total functional expenses | $11,596,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,682,293 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,629,757 |
| Loans from Officers, Directors, or Controlling Persons | $3,860 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $40,438 |
| Prepaid expenses and deferred charges | $931,612 |
| Net Land, buildings, and equipment | $163,714 |
| Investments—publicly traded securities | $685,190 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,161,990 |
| Total assets | $10,298,854 |
| Accounts payable and accrued expenses | $894,315 |
| Grants payable | $0 |
| Deferred revenue | $322,439 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,165,083 |
| Total liabilities | $2,381,837 |
| Net assets without donor restrictions | $7,917,017 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,298,854 |
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