Quick charity verification for National Energy Foundation Inc (EIN: 132877240)
Verdict: National Energy Foundation Inc appears trustworthy
92/100Mission Score
$13.8MRevenue
$10.5MAssets
1Red Flags
5Strengths
Red Flags
Zero reported officer compensation may obscure how leadership is compensated or sustained, warranting further investigation for full transparency.
Strengths
Consistent revenue growth from $7.7M in 2014 to $13.4M in 2023.
Strong asset accumulation, growing from $4M in 2014 to $10.3M in 2023.
Consistently operates with a financial surplus, indicating sound fiscal management.
Zero reported officer compensation across all filings, suggesting high program efficiency.
Excellent transparency with 13 years of publicly available IRS 990 filings.
Spending Breakdown
How National Energy Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about National Energy Foundation Inc
Is National Energy Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Energy Foundation Inc (EIN: 132877240) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is National Energy Foundation Inc a good charity to donate to?
National Energy Foundation Inc has a Mission Score of 92/100. Revenue: $13.8M. Assets: $10.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for National Energy Foundation Inc?
The Employer Identification Number (EIN) for National Energy Foundation Inc is 132877240. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does National Energy Foundation Inc spend its money?
National Energy Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify National Energy Foundation Inc's tax-exempt status?
You can verify National Energy Foundation Inc's tax-exempt status using EIN 132877240 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The National Energy Foundation Inc demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $7.7 million in 2014 to $13.4 million in 2023, with corresponding growth in assets from $4 million to $10.3 million. The organization consistently operates with a surplus, as seen in 2023 where revenue of $13,465,350 exceeded expenses of $13,204,333. This indicates sound financial management and an ability to build reserves.
Spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. The consistent growth in assets and relatively stable liabilities further underscore a healthy financial position, allowing the organization to invest in its mission.
Transparency is excellent, with 13 years of publicly available IRS 990 filings showing detailed financial information. The absence of officer compensation is a notable positive indicator for donor confidence, as it implies a volunteer or very low-paid leadership structure, maximizing resources for programmatic work. The organization's financial health and operational efficiency appear robust.