Is United States Energy Association Inc Legit?

Quick charity verification for United States Energy Association Inc (EIN: 136219869)

Verdict: United States Energy Association Inc appears trustworthy

75/100Mission Score
$17.1MRevenue
$9.2MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The United States Energy Association Inc (USEA) demonstrates consistent financial health, with revenues generally exceeding expenses across its filing history. For instance, in 2023, revenues were $13,187,715 against expenses of $12,749,194, indicating a surplus. The organization's assets have also shown steady growth, increasing from $3,385,185 in 2014 to $8,652,435 in 2023, suggesting sound financial management and accumulation of reserves. Liabilities have remained manageable relative to assets, indicating a healthy balance sheet. Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data, a precise assessment is challenging. However, the consistent surplus of revenue over expenses suggests that the organization is not overspending its income. The absence of reported officer compensation in the provided data for all periods is a notable point regarding transparency, as it could imply that executive compensation is either very low, not reported in this specific field, or covered by other means. Further investigation into the full 990 forms would be necessary to fully understand the allocation of expenses and executive remuneration. Overall, USEA appears to be a financially stable organization with a track record of managing its resources effectively. The growth in assets and consistent positive net income are strong indicators of financial resilience. However, the lack of specific officer compensation figures in this summary limits a complete transparency assessment in that particular area.

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Disclaimer

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

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