Association For Energy Affordability Inc
Association For Energy Affordability Inc maintains strong financial health with 0% officer compensation and significant asset growth.
EIN: 133374285 · Bronx, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.5M |
| Total Expenses | $27.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $27 |
| Net Assets | $6.1M |
| Transparency Score | 90/100 |
Is Association For Energy Affordability Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association For Energy Affordability Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association For Energy Affordability Inc
Association For Energy Affordability Inc (EIN: 133374285) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $28.5M and total assets of $25.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association For Energy Affordability Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association For Energy Affordability Inc is a large nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.6M |
| Total Expenses | $27.1M |
| Surplus / Deficit | +$484K |
| Total Assets | $27.5M |
| Total Liabilities | $21.5M |
| Net Assets | $6.1M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 78.0% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2023, Association For Energy Affordability Inc reported a surplus of $484K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 78.0% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Association For Energy Affordability Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | +4.2% | +1.5% |
| 2022 | +66.9% | +75.8% | +208.3% |
| 2021 | +28.9% | +20.1% | +16.9% |
| 2020 | -9.3% | -2.1% | -5.0% |
| 2019 | +13.7% | -11.8% | +36.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association For Energy Affordability Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Association For Energy Affordability Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $484K, with revenue exceeding expenses.
- Debt-to-asset ratio: 78.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with revenues exceeding $27 million. This suggests either that executive roles are entirely volunteer-based, or compensation is reported under other expense categories, which could impact transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Association For Energy Affordability Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size could indicate compensation is reported in other categories, potentially obscuring true executive pay.
Strengths
The following positive indicators were identified for Association For Energy Affordability Inc:
- Strong financial growth with revenues increasing from $12.9M in 2020 to $27.6M in 2023.
- Significant asset growth from $7.5M in 2020 to $27.5M in 2023, indicating financial stability.
- Consistent reporting of 0% officer compensation, suggesting a strong focus on mission and efficient use of funds.
- Expenses are consistently close to revenues, indicating efficient management of resources (e.g., $27.6M revenue vs. $27.1M expenses in 2023).
Frequently Asked Questions about Association For Energy Affordability Inc
Is Association For Energy Affordability Inc a legitimate charity?
Association For Energy Affordability Inc (EIN: 133374285) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $28.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Association For Energy Affordability Inc spend its money?
Association For Energy Affordability Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Association For Energy Affordability Inc tax-deductible?
Association For Energy Affordability Inc is registered as a tax-exempt nonprofit (EIN: 133374285). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Association For Energy Affordability Inc CEO make?
Association For Energy Affordability Inc's highest-compensated officer earns $27 annually. The organization reported $28.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Association For Energy Affordability Inc's spending goes to programs?
Association For Energy Affordability Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Association For Energy Affordability Inc located?
Association For Energy Affordability Inc is headquartered in Bronx, New York and files with the IRS under EIN 133374285.
How many years of IRS 990 filings does Association For Energy Affordability Inc have?
Association For Energy Affordability Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $28.5M in total revenue.
Is Association For Energy Affordability Inc a good charity?
Based on its financial data, the Association For Energy Affordability Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, indicating a high dedication to program services.
How has the organization's financial health changed over time?
The organization has experienced significant growth, with revenues nearly doubling from $12,956,773 in 2020 to $27,611,484 in 2023. Assets have also grown substantially, from $7,526,841 in 2020 to $27,528,703 in 2023, indicating a robust and expanding financial position.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings. This is a highly transparent and mission-focused approach, suggesting that leadership may be volunteer or compensated through other means not categorized as 'officer compensation' on the 990.
Filing History
IRS 990 filing history for Association For Energy Affordability Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Association For Energy Affordability Inc's revenue has grown by 62.5%, moving from $17.0M to $27.6M. Total assets increased by 64% over the same period, from $16.8M to $27.5M. Total functional expenses rose by 78.5%, from $15.2M to $27.1M. In its most recent filing year (2023), Association For Energy Affordability Inc reported a surplus of $484K, with revenue exceeding expenses. The organization holds $21.5M in liabilities against $27.5M in assets (debt-to-asset ratio: 78.0%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.6M | $27.1M | $27.5M | $21.5M | — | — |
| 2022 | $27.9M | $26.0M | $27.1M | $21.1M | — | View 990 |
| 2021 | $16.7M | $14.8M | $8.8M | $4.7M | — | View 990 |
| 2020 | $13.0M | $12.3M | $7.5M | $5.3M | — | View 990 |
| 2019 | $14.3M | $12.6M | $7.9M | $6.3M | — | View 990 |
| 2018 | $12.6M | $14.3M | $5.8M | $5.8M | — | View 990 |
| 2017 | $11.5M | $13.7M | $7.1M | $5.4M | — | View 990 |
| 2016 | $18.0M | $19.6M | $9.2M | $5.3M | — | View 990 |
| 2015 | $23.8M | $23.8M | $10.9M | $5.4M | — | View 990 |
| 2014 | $19.1M | $21.3M | $8.4M | $3.0M | — | View 990 |
| 2013 | $22.6M | $25.4M | $11.4M | $3.8M | — | View 990 |
| 2012 | $20.3M | $22.0M | $15.2M | $4.8M | — | View 990 |
| 2011 | $39.7M | $34.7M | $21.0M | $8.9M | — | View 990 |
| 2010 | $17.0M | $15.2M | $16.8M | $11.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.6M, expenses of $27.1M, and assets of $27.5M (revenue -0.9% year-over-year).
- 2022: Revenue of $27.9M, expenses of $26.0M, and assets of $27.1M (revenue +66.9% year-over-year).
- 2021: Revenue of $16.7M, expenses of $14.8M, and assets of $8.8M (revenue +28.9% year-over-year).
- 2020: Revenue of $13.0M, expenses of $12.3M, and assets of $7.5M (revenue -9.3% year-over-year).
- 2019: Revenue of $14.3M, expenses of $12.6M, and assets of $7.9M (revenue +13.7% year-over-year).
- 2018: Revenue of $12.6M, expenses of $14.3M, and assets of $5.8M (revenue +9.5% year-over-year).
- 2017: Revenue of $11.5M, expenses of $13.7M, and assets of $7.1M (revenue -36.3% year-over-year).
- 2016: Revenue of $18.0M, expenses of $19.6M, and assets of $9.2M (revenue -24.1% year-over-year).
- 2015: Revenue of $23.8M, expenses of $23.8M, and assets of $10.9M (revenue +24.2% year-over-year).
- 2014: Revenue of $19.1M, expenses of $21.3M, and assets of $8.4M (revenue -15.2% year-over-year).
- 2013: Revenue of $22.6M, expenses of $25.4M, and assets of $11.4M (revenue +11.0% year-over-year).
- 2012: Revenue of $20.3M, expenses of $22.0M, and assets of $15.2M (revenue -48.8% year-over-year).
- 2011: Revenue of $39.7M, expenses of $34.7M, and assets of $21.0M (revenue +133.5% year-over-year).
- 2010: Revenue of $17.0M, expenses of $15.2M, and assets of $16.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association For Energy Affordability Inc:
Data Sources and Methodology
This transparency report for Association For Energy Affordability Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.