Council on Sustainable Aviation Fuels Ac

Nonprofit profile at a glance

EIN
861997600
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
3035035730
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Engineering and Technology

Reported finances

Revenue
$24,404
Expenses
$25,320
Assets
$501
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • MADISON CARROLL (EXECUTIVE DIRECTOR)

People named in this filing

  • STEWART D'LEON (VICE CHAIR)
  • MARC EDUIN (TREASURER)
  • KURT EDWARDS (MEMBER)

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

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The council on sustainable aviation fuels accountability (cosafa) will establish reporting, accounting, recordkeeping, and auditing procedures that are both necessary and appropriate to maintain an accurate accounting of the production and use of sustainable aviation fuels (saf). To qualify as saf, fuel must be fit for purpose. It is essential that product carbon intensity and other sustainability data be consistently reported, auditable, and traceable to the party providing the information. Well-designed protocols for chain of custody, throughout the entire supply chain life cycle, will allow product and transaction tracing, provide an appropriate means of verifying relevant data, and prevent inappropriate double counting or double claiming of environmental credits.

What it reported doing in 2024

Engagement and outreach: cosafa engaged with all members of the safecosystem, including the saf chain of custody, sustainability certifying organization, operators, end users, auditing and accounting firms, and voluntary and regulatoryentities. Outreach and 3 engagements were conducted through individual meetings, conference panel participation, written communication, and working groups

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 41
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.8%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -89% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -124.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -144.9% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $25K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • High — Growth: Asset growth scored 0/100.