Clean Energy Project Inc

Nonprofit profile at a glance

EIN
262791337
IRS 990-EZ coverage
2010–2016
Forms available
Form 990 2015, Form 990-EZ 2016
Location
Las Vegas, NV, USA
Phone
7029874556
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Energy Resources Conservation and Development

Official website

Reported finances

Revenue
$169,088
Expenses
$300,378
Assets
$51,786
Liabilities
$25,642

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • Curt Ledford (Board Chair)
  • Susan M McCue (Board Member)
  • Sig Rogich (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Clean Energy Project is organized for the purpose of engaging in research and education regarding the economic, national energy security and cost saving benefits of energy efficiency measures and clean energy sources, and the long term environmental, health and economic costs of over-reliance on traditional fuels.

What it reported doing in 2016

The Clean Energy Project conducted education to Nevadans regarding the economic, national security and cost saving benefits of clean energy over traditional fossil fuels.As part of its mission to educate Nevadans, the Clean Energy Project hosted the seventh annual National Clean Energy Summit to bring together clean energy visionaries and leaders, public officials, business executives and entrepreneurs, investors, students, and the media to discuss how to empower the public with tools to promote the clean energy economy; increasing jobs and our energy independence.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 8
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -77.6%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.5; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 34%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 1.7% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: -2.9% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: -27% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $300K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2010 to 2016
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.