Is The Energy Professional Association Inc…

Quick charity verification for The Energy Professional Association Inc (EIN: 113746688)

Strengths

Significant and consistent revenue growth, from $536,819 in 2021 to $1,361,719 in 2023.
Strong asset accumulation, increasing from $53,514 in 2021 to $562,215 in 2023.
Consistent reporting of zero liabilities in recent years, indicating strong financial health and low debt.
Expenses consistently lower than revenue in recent periods, demonstrating efficient financial management (e.g., 2023 expenses $1,032,219 vs. revenue $1,361,719).

Spending Breakdown

How The Energy Professional Association Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 The Energy Professional Association Inc

Is The Energy Professional Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The Energy Professional Association Inc (EIN: 113746688) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is The Energy Professional Association Inc a good charity to donate to?

The Energy Professional Association Inc has a Mission Score of 92/100. Revenue: $1.3M. Assets: $571K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Energy Professional Association Inc?

The Employer Identification Number (EIN) for The Energy Professional Association Inc is 113746688. 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 The Energy Professional Association Inc spend its money?

The Energy Professional Association Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Energy Professional Association Inc's tax-exempt status?

You can verify The Energy Professional Association Inc's tax-exempt status using EIN 113746688 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 Energy Professional Association Inc demonstrates a strong and improving financial trajectory. Over the past three years, the organization has seen significant revenue growth, from $536,819 in 2021 to $1,361,719 in 2023, indicating increasing support for its mission. This growth has been accompanied by a healthy accumulation of assets, rising from $53,514 in 2021 to $562,215 in 2023, suggesting sound financial management and the ability to build reserves. The consistent reporting of zero liabilities across recent filings further underscores a robust financial position and low financial risk.

Spending efficiency appears to be a core strength, with expenses consistently lower than revenue in recent years, allowing for asset growth. For instance, in 2023, expenses were $1,032,219 against revenues of $1,361,719, resulting in a surplus. The absence of reported officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice, while not universal, suggests a volunteer-driven leadership or compensation structured in a way that isn't reported as officer compensation on the 990, which warrants further investigation for complete transparency.

Overall, the organization exhibits strong financial health, efficient spending patterns, and a high degree of transparency regarding executive compensation. The consistent growth in revenue and assets, coupled with minimal liabilities, positions The Energy Professional Association Inc as a financially stable and well-managed nonprofit.

Is The Energy Professional Association Inc Legit?

Verdict: The Energy Professional Association Inc appears trustworthy

Red Flags