Energy For Growth Hub
- Assets
- $10.6m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Washington, DC
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 83-1609680
Organization Overview
Energy For Growth Hub is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2021, Energy For Growth Hub employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy For Growth Hub 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 12/2021, Energy For Growth Hub generated $7.3m in total revenue. All expenses for the organization totaled $1.5m during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
REDUCE POVERTY AND PROMOTE ECONOMIC OPPORTUNITY IN AFRICA AND ASIA BY USING DATA TO IMPROVE THE PROVISION AND QUALITY OF ELECTRICITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENERGY FOR GROWTH HUB IS A GLOBAL NONPROFIT NETWORK OF SCHOLARS AND ADVOCATES PROMOTING LARGE-SCALE ENERGY SOLUTIONS BY BRIDGING RIGOROUS RESEARCH WITH POLICYMAKER DEMAND. THE HUB PLAYS THE ROLE OF TRANSLATOR AND MATCHMAKER BETWEEN TECHNOLOGICAL OR EVIDENCE-BASED POLICY SOLUTIONS AND THE NEEDS OF DECISION-MAKERS. WE CREATE AND DELIVER INSIGHTS ABOUT MODERN ENERGY SYSTEMS IN SHORT ACCESSIBLE FORMAT AND PROVIDE A PLATFORM FOR ENGAGEMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Moss Executive Director | OfficerTrustee | 40 | $332,396 |
Kathleen Auth Policy Director | 40 | $162,946 | |
Sheila Herrling Chair | OfficerTrustee | 1 | $0 |
Ben Leo Secretary | OfficerTrustee | 1 | $0 |
Linda Oramasionwu Treasurer | OfficerTrustee | 1 | $0 |
Rachel Pritzker Director | Trustee | 1 | $0 |
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 | $7,043,822 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,043,822 |
| Total Program Service Revenue | $194,689 |
| Investment income | $20,992 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,259,503 |
| 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. | $334,450 |
| Compensation of current officers, directors, key employees. | $17,475 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $292,500 |
| Pension plan accruals and contributions | $68,852 |
| Other employee benefits | $58,081 |
| Payroll taxes | $37,653 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $54,972 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $490,974 |
| Advertising and promotion | $0 |
| Office expenses | $15,307 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,155 |
| Travel | $3,209 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,961 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $794 |
| Insurance | $1,827 |
| All other expenses | $55,353 |
| Total functional expenses | $1,488,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,445 |
| Savings and temporary cash investments | $7,752,951 |
| Pledges and grants receivable | $2,596,099 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,755 |
| Net Land, buildings, and equipment | $1,885 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,607,135 |
| Accounts payable and accrued expenses | $29,044 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $29,044 |
| Net assets without donor restrictions | $2,622,804 |
| Net assets with donor restrictions | $7,955,287 |
| 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 | $10,607,135 |
Grants Awarded
Over the last fiscal year, Energy For Growth Hub has awarded $115,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO SCHOOL OF MINES PURPOSE: GRADUATE FELLOWSHIP FUND | $80,000 |
Baltimore, MD PURPOSE: RESEARCH | $35,000 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Energy For Growth Hub has recieved totaling $7,050,000.
| Awarding Organization | Amount |
|---|---|
Rockefeller Foundation New York, NY PURPOSE: TOWARD THE COSTS OF ANALYTICAL AND ADVOCACY WORK TO INFORM THE EFFORT TO ADDRESS ENERGY POVERTY AND CLIMATE CHANGE | $3,750,000 |
Rockefeller Foundation New York, NY PURPOSE: TOWARD THE COSTS OF ANALYTICAL AND ADVOCACY WORK TO INFORM THE EFFORT TO ADDRESS ENERGY POVERTY AND CLIMATE CHANGE | $1,250,000 |
Rockefeller Foundation New York, NY PURPOSE: TOWARD THE COSTS OF CREATING A NEW ENERGY CONSUMPTION METRIC THAT BETTER CAPTURES ENERGYS ROLE IN ECONOMIC TRANSFORMATION AND HELPS TO TRANSLATE RESEARCH INTO POLICY TO SUPPORT MORE EFFECTIVE AND INCREASED ENERGY PROVISION FOR ECONOMIC GROWTH | $1,000,000 |
Bernard And Anne Spitzer Charitable Tr New York, NY PURPOSE: GENERAL PURPOSE | $500,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $400,000 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Solar Energy Industries Association Inc Washington, DC | $18,099,333 | $20,516,160 |
Clasp Washington, DC | $15,465,717 | $16,877,815 |
Environmental Working Group Washington, DC | $14,685,158 | $16,093,379 |
Smart Electric Power Alliance Washington, DC | $18,618,602 | $11,424,998 |
Citizens For Responsible Energy Solutions Inc Washington, DC | $4,760,375 | $5,691,548 |
Urban Sustainability Directors Network Washington, DC | $14,958,599 | $9,810,102 |
National Hydropower Association Inc Washington, DC | $4,290,027 | $5,771,967 |
Institute For Market Transformation Inc Washington, DC | $5,588,466 | $5,620,018 |
Solar United Neighbors Washington, DC | $7,152,492 | $9,177,956 |
Renewable Energy Wildlife Institute Washington, DC | $5,884,881 | $3,402,247 |
Coalition For Green Capital Washington, DC | $1,092,509 | $2,755,500 |
Groundswell Inc Washington, DC | $2,597,628 | $3,324,609 |