Is Securing Americas Future Energy Foundation Legit?

Quick charity verification for Securing Americas Future Energy Foundation (EIN: 201727977)

Verdict: Securing Americas Future Energy Foundation shows mixed signals

55/100Mission Score

$10.7MRevenue

$7.2MAssets

3Red Flags

2Strengths

Red Flags

Consistent deficit spending in recent years (e.g., 2023 expenses $8.6M vs. revenue $7.1M; 2022 expenses $9.2M vs. revenue $5.8M).
Liabilities exceeding assets in the last two reported periods ($7.3M liabilities vs. $5.6M assets in 2023; $6.6M liabilities vs. $6.4M assets in 2022).
Significant increase in liabilities over a short period (from $1.2M in 2021 to $7.3M in 2023).

Strengths

No reported officer compensation across all filings, indicating potential for strong transparency in executive pay.
Demonstrated ability to raise substantial revenue, with latest revenue at $10,680,449.

Spending Breakdown

How Securing Americas Future Energy Foundation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Securing Americas Future Energy Foundation

Is Securing Americas Future Energy Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Securing Americas Future Energy Foundation (EIN: 201727977) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.

Is Securing Americas Future Energy Foundation a good charity to donate to?

Securing Americas Future Energy Foundation has a Mission Score of 55/100. Revenue: $10.7M. Assets: $7.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Securing Americas Future Energy Foundation?

The Employer Identification Number (EIN) for Securing Americas Future Energy Foundation is 201727977. 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 Securing Americas Future Energy Foundation spend its money?

Securing Americas Future Energy Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Securing Americas Future Energy Foundation's tax-exempt status?

You can verify Securing Americas Future Energy Foundation's tax-exempt status using EIN 201727977 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

Securing Americas Future Energy Foundation (SAFE) exhibits fluctuating financial health over the past decade. While the organization reported a latest revenue of $10,680,449 and assets of $7,203,099, its recent filings show a trend of expenses exceeding revenue. For instance, in 2023, expenses were $8,602,475 against revenues of $7,125,596, and in 2022, expenses were $9,219,820 against revenues of $5,848,710. This consistent deficit spending has led to a significant increase in liabilities, reaching $7,354,571 in 2023, which now exceed its assets of $5,628,342 for that period.

The organization's spending efficiency is a concern given the recurring deficits. While specific program spending percentages are not detailed in the provided data, the overall financial trend suggests that the organization is spending more than it brings in, which is unsustainable long-term. The lack of reported officer compensation across all filings indicates a potential for strong transparency regarding executive pay, or that compensation is structured differently and not reported under 'Officer Comp'.

However, the growing liabilities relative to assets, particularly in the last two years where liabilities surpassed assets, raises questions about financial stability and risk management. The organization's ability to sustain its operations and mission impact will depend on its capacity to reverse the trend of deficit spending and manage its debt effectively.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.