Energy Allies A Nj Nonprofit Corporation
EIN: 471608923 · Cambridge, MA · NTEE: C35
| Metric | Value |
|---|---|
| Total Revenue | $745K |
| Total Expenses | $950K |
| Net Assets | $116K |
Is Energy Allies A Nj Nonprofit Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Energy Allies A Nj Nonprofit Corporation
Energy Allies A Nj Nonprofit Corporation (EIN: 471608923) is a nonprofit organization based in Cambridge, MA, classified under NTEE code C35. The organization reported total revenue of $745K and total assets of $160K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Energy Allies A Nj Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Energy Allies A Nj Nonprofit Corporation is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 19.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $745K |
| Total Expenses | $950K |
| Surplus / Deficit | $-204,827 |
| Total Assets | $160K |
| Total Liabilities | $45K |
| Net Assets | $116K |
| Operating Margin | -27.5% |
| Debt-to-Asset Ratio | 27.7% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2023, Energy Allies A Nj Nonprofit Corporation reported a deficit of $205K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 27.7% (moderate leverage).
Financial Trends
Over 9 years of filings (2016–2023), Energy Allies A Nj Nonprofit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 19.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.9% | +5.7% | -55.2% |
| 2022 | +57.2% | +86.8% | -19.0% |
| 2021 | +1.2% | +9.2% | +4.7% |
| 2020 | +38.2% | +61.6% | +179.9% |
| 2019 | -9.9% | -51.9% | +249.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Energy Allies A Nj Nonprofit Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Energy Allies A Nj Nonprofit Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $205K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.7%.
Frequently Asked Questions about Energy Allies A Nj Nonprofit Corporation
Is Energy Allies A Nj Nonprofit Corporation a legitimate charity?
Energy Allies A Nj Nonprofit Corporation (EIN: 471608923) is a registered tax-exempt nonprofit based in Massachusetts. It has 9 years of IRS 990 filings on record. Total revenue: $745K. No red flags identified. Financial health grade: C.
How does Energy Allies A Nj Nonprofit Corporation spend its money?
Energy Allies A Nj Nonprofit Corporation reported $745K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Energy Allies A Nj Nonprofit Corporation tax-deductible?
Energy Allies A Nj Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 471608923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Energy Allies A Nj Nonprofit Corporation located?
Energy Allies A Nj Nonprofit Corporation is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 471608923. It is classified under NTEE code C35.
How many years of IRS 990 filings does Energy Allies A Nj Nonprofit Corporation have?
Energy Allies A Nj Nonprofit Corporation has 9 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 $745K in total revenue.
Filing History
IRS 990 filing history for Energy Allies A Nj Nonprofit Corporation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2016–2023), Energy Allies A Nj Nonprofit Corporation's revenue has grown by 240.3%, moving from $219K to $745K. Total assets increased by 76.9% over the same period, from $91K to $160K. Total functional expenses rose by 655.5%, from $126K to $950K. In its most recent filing year (2023), Energy Allies A Nj Nonprofit Corporation reported a deficit of $205K, with expenses exceeding revenue. The organization holds $45K in liabilities against $160K in assets (debt-to-asset ratio: 27.7%), resulting in net assets of $116K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $745K | $950K | $160K | $45K | — | — |
| 2022 | $886K | $899K | $358K | $37K | — | View 990 |
| 2021 | $564K | $481K | $442K | $108K | — | View 990 |
| 2020 | $557K | $441K | $422K | $171K | — | View 990 |
| 2019 | $403K | $273K | $151K | $112K | — | View 990 |
| 2018 | $447K | $568K | $43K | $134K | — | View 990 |
| 2017 | $320K | $365K | $60K | $30K | — | View 990 |
| 2016 | $140K | $155K | $78K | $3K | — | View 990 |
| 2016 | $219K | $126K | $91K | $932 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $745K, expenses of $950K, and assets of $160K (revenue -15.9% year-over-year).
- 2022: Revenue of $886K, expenses of $899K, and assets of $358K (revenue +57.2% year-over-year).
- 2021: Revenue of $564K, expenses of $481K, and assets of $442K (revenue +1.2% year-over-year).
- 2020: Revenue of $557K, expenses of $441K, and assets of $422K (revenue +38.2% year-over-year).
- 2019: Revenue of $403K, expenses of $273K, and assets of $151K (revenue -9.9% year-over-year).
- 2018: Revenue of $447K, expenses of $568K, and assets of $43K (revenue +39.5% year-over-year).
- 2017: Revenue of $320K, expenses of $365K, and assets of $60K (revenue +129.1% year-over-year).
- 2016: Revenue of $140K, expenses of $155K, and assets of $78K (revenue -36.2% year-over-year).
- 2016: Revenue of $219K, expenses of $126K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Energy Allies A Nj Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Energy Allies A Nj Nonprofit Corporation 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.