Environmental League of Massachusetts Action Fund Inc

What it reported doing in 2024

The elm action fund builds political power that meets the scale and urgency of our environmental challenges. Elm action fund was created in 1997 as a 501(c)(4) affiliate to elm. Elm action fund's primary activities include elevating energy and environmental issues in campaigns at every level of government. Along with other nonprofit partners, the elm action fund coordinates the green voter guide, an online resource to enable voters to identify candidates for state office that have earned the endorsement of environmental organizations; employs college and graduate students as paid campaign fellows who support a broad range of programmatic and campaign activities; lobbies on behalf of stronger environmental policies; and endorses candidates on the basis of their environmental leadership.elm action fund has established two political committees to help elect environmental champions to public office: the elm action fund political action committee (pac) and the elm action fund independent political action committee (iepac). The pac and iepac are subject to the restrictions and reporting regulations mandated by the Massachusetts office of campaign and political finance.the combining financial statements do not include the financial activities of these two political committees.

Financial Efficiency

• Mission deployment rate: 45.8%; rating input score 46
• Program expense ratio: 76.9%; rating input score 77
• Fundraising efficiency: $9 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 93.8%; rating input score 94; 25th percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 46.2%; rating input score 91; 91st percentile among comparable filings
• Total-asset coverage ratio: 2.89; rating input score 74; 74th percentile among comparable filings
• Liabilities to assets ratio: 0.09; rating input score 44; 44th percentile among comparable filings
• Officer compensation ratio: 9.4%; rating input score 39; 39th percentile among comparable filings

Growth

• Program expense growth: 9.2% per year; rating input score 100; 60th percentile among comparable filings
• Revenue growth: 13.6% per year; rating input score 100; 76th percentile among comparable filings
• Asset growth: 21.6% per year; rating input score 100; 83rd percentile among comparable filings