Southern Alliance for Clean Energy

What it reported doing in 2024

Climate to raise awareness about how clean energy improves lives, and to build bridges across political and social differences here in our diverse region, sace and our partners ssdn and generation180 have developed energy for all yall, a new campaign highlighting clean energy successes, inspiring action, and demonstrating why clean energy is good for communities and residents throughout our region. Efay has already created an arsenal of true success stories showing that our families are healthier, our pockets are fuller, and our air is cleaner when we make the switch to rely on cleaner sources of energy. Since launching the project in june 2024, we have published ~40 stories within our initial two-state focus (samples here: https://www.energyforallyall.org/stories), and have widely shared them via social and traditional media, achieving 500+ million media impressions. Sace's clean energy generation continued to hold monthly calls, distribute monthly newsletters, and invite our members from around the region to take action to support clean energy policy. Through the clean energy generation campaign, we have worked with our members to share stories and perspectives about taking action for climate and clean energy and have shared many action opportunities such as petitions, call-in days, and events.

Financial Efficiency

• Mission deployment rate: 70%; rating input score 70
• Program expense ratio: 81.5%; rating input score 81
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 31.9%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 2.98; rating input score 73; 73rd percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 82; 82nd percentile among comparable filings
• Officer compensation ratio: 7.3%; rating input score 40; 40th percentile among comparable filings

Growth

• Program expense growth: -0.9% per year; rating input score 0; 11th percentile among comparable filings
• Revenue growth: 1.2% per year; rating input score 100; 16th percentile among comparable filings
• Asset growth: 8.8% per year; rating input score 100; 53rd percentile among comparable filings