Energy Cooperative Round Up Foundation Inc
Energy Cooperative Round Up Foundation experiences significant deficit in 2023, reducing assets by nearly half.
EIN: 203486818 · Newark, OH · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $369K |
| Total Expenses | $554K |
| Program Spending | 85% |
| Net Assets | $257K |
| Transparency Score | 75/100 |
Is Energy Cooperative Round Up Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Energy Cooperative Round Up Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Energy Cooperative Round Up Foundation Inc
Energy Cooperative Round Up Foundation Inc (EIN: 203486818) is a nonprofit organization based in Newark, OH, classified under NTEE code T30. The organization reported total revenue of $369K and total assets of $292K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Energy Cooperative Round Up Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Energy Cooperative Round Up Foundation Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $329K |
| Total Expenses | $554K |
| Surplus / Deficit | $-224,722 |
| Total Assets | $277K |
| Total Liabilities | $20K |
| Net Assets | $257K |
| Operating Margin | -68.3% |
| Debt-to-Asset Ratio | 7.2% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Energy Cooperative Round Up Foundation Inc reported a deficit of $225K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Energy Cooperative Round Up Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.5% | +152.8% | -44.2% |
| 2022 | +10.5% | -0.6% | +18.4% |
| 2021 | -1.2% | +2.9% | +27.0% |
| 2020 | +1.8% | -12.8% | +37.3% |
| 2019 | +0.7% | -22.8% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Energy Cooperative Round Up Foundation Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Energy Cooperative Round Up Foundation 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 deficit of $225K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.
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 Energy Cooperative Round Up Foundation Inc's IRS 990 filings:
- Significant deficit in 2023 ($224,722)
- Nearly 44% reduction in assets from 2022 to 2023
Strengths
The following positive indicators were identified for Energy Cooperative Round Up Foundation Inc:
- Consistent revenue generation through 'round up' program
- No reported officer compensation (0%)
- Consistent IRS 990 filing history (13 filings)
- Maintains a healthy asset base despite 2023 deficit ($277,044)
Frequently Asked Questions about Energy Cooperative Round Up Foundation Inc
Is Energy Cooperative Round Up Foundation Inc a legitimate charity?
Energy Cooperative Round Up Foundation Inc (EIN: 203486818) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $369K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Energy Cooperative Round Up Foundation Inc spend its money?
Energy Cooperative Round Up Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Energy Cooperative Round Up Foundation Inc tax-deductible?
Energy Cooperative Round Up Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203486818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Energy Cooperative Round Up Foundation Inc's spending goes to programs?
Energy Cooperative Round Up Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Energy Cooperative Round Up Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Energy Cooperative Round Up Foundation Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Energy Cooperative Round Up Foundation Inc located?
Energy Cooperative Round Up Foundation Inc is headquartered in Newark, Ohio and files with the IRS under EIN 203486818. It is classified under NTEE code T30.
How many years of IRS 990 filings does Energy Cooperative Round Up Foundation Inc have?
Energy Cooperative Round Up Foundation Inc 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 $369K in total revenue.
Why did expenses significantly exceed revenue in 2023?
In 2023, the organization reported expenses of $553,610 against revenues of $328,888, resulting in a deficit of over $220,000. This substantial increase in spending, compared to previous years where expenses were typically around $200,000-$300,000, warrants further investigation into the nature of these expenditures.
What caused the significant drop in assets from 2022 to 2023?
Assets decreased from $496,766 in 2022 to $277,044 in 2023. This $219,722 reduction is directly correlated with the large deficit incurred in 2023, suggesting that the organization drew down its reserves to cover expenses.
Is the organization financially stable given the 2023 deficit?
While the organization has a history of consistent revenue and positive asset balances, the 2023 deficit and subsequent asset reduction raise concerns about short-term financial stability if such spending patterns were to continue without corresponding revenue increases. However, with $277,044 in assets, it still maintains a reasonable reserve.
Filing History
IRS 990 filing history for Energy Cooperative Round Up Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Energy Cooperative Round Up Foundation Inc's revenue has grown by 28.8%, moving from $255K to $329K. Total assets increased by 33.3% over the same period, from $208K to $277K. Total functional expenses rose by 152.9%, from $219K to $554K. In its most recent filing year (2023), Energy Cooperative Round Up Foundation Inc reported a deficit of $225K, with expenses exceeding revenue. The organization holds $20K in liabilities against $277K in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $257K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $329K | $554K | $277K | $20K | — | — |
| 2022 | $321K | $219K | $497K | $15K | — | View 990 |
| 2021 | $290K | $220K | $419K | $39K | — | View 990 |
| 2020 | $294K | $214K | $330K | $20K | — | View 990 |
| 2019 | $289K | $245K | $240K | $10K | — | View 990 |
| 2018 | $287K | $318K | $227K | $40K | — | View 990 |
| 2017 | $285K | $285K | $248K | $30K | — | View 990 |
| 2016 | $283K | $271K | $229K | $0 | — | View 990 |
| 2015 | $272K | $258K | $217K | $0 | — | View 990 |
| 2014 | $263K | $250K | $202K | $0 | — | View 990 |
| 2013 | $254K | $231K | $189K | $0 | — | View 990 |
| 2012 | $250K | $293K | $166K | $0 | — | View 990 |
| 2011 | $255K | $219K | $208K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $329K, expenses of $554K, and assets of $277K (revenue +2.5% year-over-year).
- 2022: Revenue of $321K, expenses of $219K, and assets of $497K (revenue +10.5% year-over-year).
- 2021: Revenue of $290K, expenses of $220K, and assets of $419K (revenue -1.2% year-over-year).
- 2020: Revenue of $294K, expenses of $214K, and assets of $330K (revenue +1.8% year-over-year).
- 2019: Revenue of $289K, expenses of $245K, and assets of $240K (revenue +0.7% year-over-year).
- 2018: Revenue of $287K, expenses of $318K, and assets of $227K (revenue +0.8% year-over-year).
- 2017: Revenue of $285K, expenses of $285K, and assets of $248K (revenue +0.7% year-over-year).
- 2016: Revenue of $283K, expenses of $271K, and assets of $229K (revenue +4.0% year-over-year).
- 2015: Revenue of $272K, expenses of $258K, and assets of $217K (revenue +3.3% year-over-year).
- 2014: Revenue of $263K, expenses of $250K, and assets of $202K (revenue +3.6% year-over-year).
- 2013: Revenue of $254K, expenses of $231K, and assets of $189K (revenue +1.7% year-over-year).
- 2012: Revenue of $250K, expenses of $293K, and assets of $166K (revenue -2.2% year-over-year).
- 2011: Revenue of $255K, expenses of $219K, and assets of $208K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Energy Cooperative Round Up Foundation Inc:
Data Sources and Methodology
This transparency report for Energy Cooperative Round Up Foundation 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.