Renewable Energy Scholarship Foundation
EIN: 731672723 · Portland, OR · NTEE: C34
| Metric | Value |
|---|---|
| Total Revenue | $72K |
| Total Expenses | $43K |
| Net Assets | $146K |
Is Renewable Energy Scholarship Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Renewable Energy Scholarship Foundation
Renewable Energy Scholarship Foundation (EIN: 731672723) is a nonprofit organization based in Portland, OR, classified under NTEE code C34. The organization reported total revenue of $72K and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Renewable Energy Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Renewable Energy Scholarship Foundation is a micro nonprofit that has been operating for 21 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 45.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $43K |
| Surplus / Deficit | +$51K |
| Total Assets | $146K |
| Net Assets | $146K |
| Operating Margin | 53.9% |
| Months of Reserves | 40.3 months |
Financial Health Grade: A
In 2023, Renewable Energy Scholarship Foundation reported a surplus of $51K with revenue exceeding expenses, holds 40.3 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Renewable Energy Scholarship Foundation's revenue has grown at a compound annual growth rate (CAGR) of 45.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.6% | +56.4% | +55.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Renewable Energy Scholarship Foundation 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 Renewable Energy Scholarship Foundation 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 surplus of $51K, with revenue exceeding expenses.
Frequently Asked Questions about Renewable Energy Scholarship Foundation
Is Renewable Energy Scholarship Foundation a legitimate charity?
Renewable Energy Scholarship Foundation (EIN: 731672723) is a registered tax-exempt nonprofit based in Oregon. It has 2 years of IRS 990 filings on record. Total revenue: $72K. No red flags identified. Financial health grade: A.
How does Renewable Energy Scholarship Foundation spend its money?
Renewable Energy Scholarship Foundation reported $72K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Renewable Energy Scholarship Foundation tax-deductible?
Renewable Energy Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 731672723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Renewable Energy Scholarship Foundation located?
Renewable Energy Scholarship Foundation is headquartered in Portland, Oregon and files with the IRS under EIN 731672723. It is classified under NTEE code C34.
How many years of IRS 990 filings does Renewable Energy Scholarship Foundation have?
Renewable Energy Scholarship Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $72K in total revenue.
Filing History
IRS 990 filing history for Renewable Energy Scholarship Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Renewable Energy Scholarship Foundation's revenue has grown by 45.6%, moving from $65K to $94K. Total assets increased by 55% over the same period, from $94K to $146K. Total functional expenses rose by 56.4%, from $28K to $43K. In its most recent filing year (2023), Renewable Energy Scholarship Foundation reported a surplus of $51K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $43K | $146K | $0 | — | View 990 |
| 2022 | $65K | $28K | $94K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Renewable Energy Scholarship Foundation:
Data Sources and Methodology
This transparency report for Renewable Energy Scholarship Foundation 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.