Charitable Foundation Of The Energy Bar Association
Charitable Foundation Of The Energy Bar Association maintains stable finances with zero executive compensation.
EIN: 10743607 · Washington, DC · NTEE: T30 · Updated: 2026-03-28
Is Charitable Foundation Of The Energy Bar Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charitable Foundation Of The Energy Bar Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charitable Foundation Of The Energy Bar Association
Charitable Foundation Of The Energy Bar Association (EIN: 10743607) is a nonprofit organization based in Washington, DC, classified under NTEE code T30. The organization reported total revenue of $253K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charitable Foundation Of The Energy Bar Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charitable Foundation Of The Energy Bar Association is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $85K |
| Surplus / Deficit | +$6K |
| Total Assets | $257K |
| Total Liabilities | $8K |
| Net Assets | $248K |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 36.3 months |
Financial Health Grade: A
In 2023, Charitable Foundation Of The Energy Bar Association reported a surplus of $6K with revenue exceeding expenses, holds 36.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Charitable Foundation Of The Energy Bar Association's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | +4.1% | -3.2% |
| 2022 | +8.2% | +1.3% | +8.8% |
| 2021 | -13.3% | +110.8% | -0.3% |
| 2020 | -7.0% | -75.9% | +22.6% |
| 2019 | -69.4% | -27.4% | -23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Charitable Foundation Of The Energy Bar Association with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Charitable Foundation Of The Energy Bar Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis, which is highly commendable for a nonprofit of its size with assets around $250,000.
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.
Strengths
The following positive indicators were identified for Charitable Foundation Of The Energy Bar Association:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Healthy asset-to-liability ratio, demonstrating strong financial stability (e.g., $256,529 assets vs. $8,462 liabilities in 2023).
- Consistent IRS 990 filing history, indicating good transparency and compliance.
- Prudent financial management with expenses generally aligned with or below revenue in recent years.
Frequently Asked Questions about Charitable Foundation Of The Energy Bar Association
Is Charitable Foundation Of The Energy Bar Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Charitable Foundation Of The Energy Bar Association (EIN: 10743607) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Charitable Foundation Of The Energy Bar Association spend its money?
Charitable Foundation Of The Energy Bar Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Charitable Foundation Of The Energy Bar Association tax-deductible?
Charitable Foundation Of The Energy Bar Association is registered as a tax-exempt nonprofit (EIN: 10743607). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Charitable Foundation Of The Energy Bar Association financially stable?
Yes, the organization demonstrates financial stability. Its assets have consistently exceeded liabilities, for example, $256,529 in assets versus $8,462 in liabilities in 2023, and it generally maintains a positive net asset position.
Does the organization pay its executives?
No, the organization consistently reports 0% officer compensation across all available IRS 990 filings, indicating that its leadership is entirely volunteer-based.
How has the organization's revenue trended over time?
Revenue has fluctuated, with a peak of $346,967 in 2018, but has been relatively stable around $90,000 annually in recent years (e.g., $91,251 in 2023, $92,741 in 2022).
What is the organization's NTEE code and what does it imply about its activities?
The NTEE code T30 signifies 'Philanthropy, Voluntarism, and Grantmaking Foundations,' suggesting its primary activities involve providing grants or support to other charitable organizations rather than direct service delivery.
Filing History
IRS 990 filing history for Charitable Foundation Of The Energy Bar Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Charitable Foundation Of The Energy Bar Association's revenue has declined by 5.8%, moving from $97K to $91K. Total assets increased by 165.8% over the same period, from $97K to $257K. Total functional expenses fell by 9%, from $93K to $85K. In its most recent filing year (2023), Charitable Foundation Of The Energy Bar Association reported a surplus of $6K, with revenue exceeding expenses. The organization holds $8K in liabilities against $257K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $248K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $85K | $257K | $8K | — | — |
| 2022 | $93K | $81K | $265K | $42K | — | View 990 |
| 2021 | $86K | $80K | $244K | $3K | — | View 990 |
| 2020 | $99K | $38K | $244K | $4K | — | — |
| 2019 | $106K | $158K | $199K | $32K | — | View 990 |
| 2018 | $347K | $218K | $262K | $59K | — | View 990 |
| 2017 | $142K | $117K | $57K | $0 | — | View 990 |
| 2016 | $138K | $194K | $31K | $0 | — | View 990 |
| 2015 | $95K | $62K | $87K | $0 | — | View 990 |
| 2014 | $86K | $93K | $54K | $0 | — | View 990 |
| 2013 | $91K | $126K | $62K | $0 | — | View 990 |
| 2012 | $106K | $122K | $81K | $0 | — | View 990 |
| 2011 | $97K | $93K | $97K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $85K, and assets of $257K (revenue -1.6% year-over-year).
- 2022: Revenue of $93K, expenses of $81K, and assets of $265K (revenue +8.2% year-over-year).
- 2021: Revenue of $86K, expenses of $80K, and assets of $244K (revenue -13.3% year-over-year).
- 2020: Revenue of $99K, expenses of $38K, and assets of $244K (revenue -7.0% year-over-year).
- 2019: Revenue of $106K, expenses of $158K, and assets of $199K (revenue -69.4% year-over-year).
- 2018: Revenue of $347K, expenses of $218K, and assets of $262K (revenue +143.8% year-over-year).
- 2017: Revenue of $142K, expenses of $117K, and assets of $57K (revenue +2.8% year-over-year).
- 2016: Revenue of $138K, expenses of $194K, and assets of $31K (revenue +46.0% year-over-year).
- 2015: Revenue of $95K, expenses of $62K, and assets of $87K (revenue +10.5% year-over-year).
- 2014: Revenue of $86K, expenses of $93K, and assets of $54K (revenue -5.5% year-over-year).
- 2013: Revenue of $91K, expenses of $126K, and assets of $62K (revenue -14.7% year-over-year).
- 2012: Revenue of $106K, expenses of $122K, and assets of $81K (revenue +9.7% year-over-year).
- 2011: Revenue of $97K, expenses of $93K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charitable Foundation Of The Energy Bar Association:
Data Sources and Methodology
This transparency report for Charitable Foundation Of The Energy Bar Association 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.