Energy Vision

Nonprofit profile at a glance

EIN
208031944
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2122280225
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Research Institutes and/or Public Policy Analysis

Official website

Reported finances

Revenue
$472,730
Expenses
$632,793
Assets
$19,483
Liabilities
$60,458

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

Leadership & pay

18 people listed

Executive titles in this filing

  • MATTHEW P TOMICH (PRESIDENT)

Highest reported compensation

  • MATTHEW P TOMICH (PRESIDENT): $194,217 total reported compensation
  • MICHAEL LERNER (DIRECTOR OF RESEARCH AND PUBLICATIONS): $156,651 total reported compensation
  • JOANNA D UNDERWOOD (BOARD MEMBER): $47,917 total reported compensation

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

Overview

Mission

To research, analyze and promote the technologies and strategies viable today that are required to transition toward a sustainable energy and transportation future.

What it reported doing in 2024

Energy vision was founded in 2007 with a mission of advancing the transition to a sustainable energy future - away from fossil fuels and toward a global economy powered by clean, renewable, carbon neutral energy resources. Such a transition is clearly essential for reducing the global threat of climate change as well as for improving the health of millions of americans suffering from polluting and cancer-causing vehicle emissions. Our goal, since day one, has been to produce compelling, objective, solution-oriented research, to educate americans about the best options for change, and to promote the adoption of these solutions. (continued on schedule o)over the past 17 years, the need to affect this transition has become ever more urgent. The us population has grown from 285 to over 340 million people and the world population from 6 to 8 billion. The evidence of a warming climate has become ever clearer with the regularity of wildfires, floods, droughts, and melting glaciers. Over this period, energy vision's research has become a widely respected resource for public and private sector leaders. Our work has also led to the launching of a new clean fuel industry in this country - converting the methane biogases emitted by decomposing organic wastes into clean renewable natural gas (rng) fuel. But our industrial economy must move ahead more rapidly. And energy vision, with its expanding agenda - looking at low-carbon molecules necessary for the energy transition - is committed to accelerating the pace of progress. The time is now to leverage our expertise and network to ensure we have the best chance possible - as a society - to achieve our climate and clean air goals.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 70
  • Accountability: 65
  • Sustainability: 5
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.5%; rating input score 87
  • Program expense ratio: 64.6%; rating input score 65
  • Fundraising efficiency: $1.82 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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; 26th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -33.9%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 3.1; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 63%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 12.1% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 7.9% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 10.5% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 86.5% of revenue deployed · 64.6% of spending went to programs
  • Governance: 15 of 16 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $409K in reported program spending
  • Leadership: top reported pay $194K · 18 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 9/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.