Blueenergy
Blueenergy shows fluctuating revenue and occasional operating deficits, but maintains 0% officer compensation.
EIN: 200448609 · Eugene, OR · NTEE: C35 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $630K |
| Total Expenses | $567K |
| Program Spending | 80% |
| Net Assets | $529K |
| Transparency Score | 75/100 |
Is Blueenergy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blueenergy directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blueenergy
Blueenergy (EIN: 200448609) is a nonprofit organization based in Eugene, OR, classified under NTEE code C35. The organization reported total revenue of $630K and total assets of $717K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blueenergy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blueenergy is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $317K |
| Total Expenses | $567K |
| Surplus / Deficit | $-250,072 |
| Total Assets | $536K |
| Total Liabilities | $6K |
| Net Assets | $529K |
| Operating Margin | -78.9% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2023, Blueenergy reported a deficit of $250K with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Blueenergy's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.3% | +21.6% | -31.6% |
| 2022 | +69.2% | -6.0% | +2.5% |
| 2021 | -74.9% | +1.7% | -22.2% |
| 2020 | +71.7% | +14.0% | +195.0% |
| 2019 | -10.0% | -36.6% | +240.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Blueenergy with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Blueenergy allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $250K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Blueenergy consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is a strong positive for directing resources to its mission.
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 Blueenergy's IRS 990 filings:
- Inconsistent revenue generation leading to significant operating deficits in multiple years (e.g., 2023: expenses $567,028 vs. revenue $316,956; 2021: expenses $496,042 vs. revenue $285,361).
- Notable decrease in assets from $981,824 in 2020 to $535,765 in 2023, indicating a potential draw-down of reserves or asset revaluation.
Strengths
The following positive indicators were identified for Blueenergy:
- Consistent 0% officer compensation across all filings, demonstrating a strong commitment to mission-focused spending and transparency.
- Significant growth in assets over the past decade, from $62,611 in 2017 to $716,568 currently, indicating long-term financial growth.
- Generally low liabilities relative to assets, suggesting prudent financial management.
Frequently Asked Questions about Blueenergy
Is Blueenergy a legitimate charity?
Blueenergy (EIN: 200448609) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $630K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Blueenergy spend its money?
Blueenergy directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Blueenergy tax-deductible?
Blueenergy is registered as a tax-exempt nonprofit (EIN: 200448609). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Blueenergy's spending goes to programs?
Blueenergy directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blueenergy compare to similar nonprofits?
With a transparency score of 75/100 (Good), Blueenergy is above average for NTEE category C35 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blueenergy located?
Blueenergy is headquartered in Eugene, Oregon and files with the IRS under EIN 200448609. It is classified under NTEE code C35.
How many years of IRS 990 filings does Blueenergy have?
Blueenergy has 13 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 $630K in total revenue.
Is Blueenergy financially stable given its fluctuating revenues?
Blueenergy's financial stability is moderate. While it has experienced significant revenue fluctuations and operating deficits in several years (e.g., 2023, 2021), it has also demonstrated strong revenue years (e.g., 2020) and has grown its assets significantly over the past decade, from $62,611 in 2017 to $716,568 currently.
How does Blueenergy manage its liabilities?
Blueenergy generally maintains low liabilities relative to its assets. For example, in 2023, liabilities were only $6,327 against assets of $535,765, indicating responsible management of debt.
What is the trend in Blueenergy's assets?
Blueenergy's assets have shown a general upward trend over the long term, from $62,611 in 2017 to $716,568 currently. However, there was a significant decrease from a peak of $981,824 in 2020 to $535,765 in 2023, suggesting some asset utilization or rebalancing.
Filing History
IRS 990 filing history for Blueenergy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Blueenergy's revenue has declined by 39.4%, moving from $523K to $317K. Total assets increased by 197.9% over the same period, from $180K to $536K. Total functional expenses rose by 12.6%, from $504K to $567K. In its most recent filing year (2023), Blueenergy reported a deficit of $250K, with expenses exceeding revenue. The organization holds $6K in liabilities against $536K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $529K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $317K | $567K | $536K | $6K | — | — |
| 2022 | $483K | $466K | $783K | $6K | — | View 990 |
| 2021 | $285K | $496K | $764K | $7K | — | View 990 |
| 2020 | $1.1M | $488K | $982K | $11K | — | — |
| 2019 | $661K | $428K | $333K | $11K | — | View 990 |
| 2018 | $734K | $675K | $98K | $9K | — | View 990 |
| 2017 | $884K | $1.0M | $63K | $78K | — | — |
| 2016 | $981K | $946K | $211K | $65K | — | View 990 |
| 2015 | $817K | $881K | $168K | $60K | — | View 990 |
| 2014 | $866K | $745K | $214K | $43K | — | View 990 |
| 2013 | $809K | $916K | $110K | $59K | — | View 990 |
| 2012 | $691K | $698K | $208K | $50K | — | View 990 |
| 2011 | $523K | $504K | $180K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $317K, expenses of $567K, and assets of $536K (revenue -34.3% year-over-year).
- 2022: Revenue of $483K, expenses of $466K, and assets of $783K (revenue +69.2% year-over-year).
- 2021: Revenue of $285K, expenses of $496K, and assets of $764K (revenue -74.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $488K, and assets of $982K (revenue +71.7% year-over-year).
- 2019: Revenue of $661K, expenses of $428K, and assets of $333K (revenue -10.0% year-over-year).
- 2018: Revenue of $734K, expenses of $675K, and assets of $98K (revenue -16.9% year-over-year).
- 2017: Revenue of $884K, expenses of $1.0M, and assets of $63K (revenue -9.9% year-over-year).
- 2016: Revenue of $981K, expenses of $946K, and assets of $211K (revenue +20.0% year-over-year).
- 2015: Revenue of $817K, expenses of $881K, and assets of $168K (revenue -5.6% year-over-year).
- 2014: Revenue of $866K, expenses of $745K, and assets of $214K (revenue +7.0% year-over-year).
- 2013: Revenue of $809K, expenses of $916K, and assets of $110K (revenue +17.0% year-over-year).
- 2012: Revenue of $691K, expenses of $698K, and assets of $208K (revenue +32.2% year-over-year).
- 2011: Revenue of $523K, expenses of $504K, and assets of $180K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blueenergy:
Data Sources and Methodology
This transparency report for Blueenergy 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.