Florida Energy Freedom Inc

Nonprofit profile at a glance

EIN
464771735
IRS 990-EZ coverage
2017–2019
Forms available
Form 990-EZ 2019, Form 990-N 2016
Location
Newberry, FL, USA
Phone
3522404127
Rating confidence
Limited
Sector
Research Institutes and/or Public Policy Analysis

Official website

Reported finances

Revenue
$0
Expenses
$734
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • RICHARD S BLASER (CHAIRMAN, PRESIDENT, DIREC)

People named in this filing

  • RICHARD S BLASER (CHAIRMAN, PRESIDENT, DIREC)
  • CHRIS HENDRIX (DIRECTOR)
  • RICHARD TURNER ESQ (DIRECTOR)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Florida energy freedom is a Florida corporation specifically organized for the promotion of social welfare via public education on implementing electric competition in Florida, and via building public support for regulatory and legislative action implementing electric competition in Florida.

What it reported doing in 2019

The organization dissolved effective may 31, 2019, therefore there was minimal activity during 2019.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 10
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 27.2%; rating input score 27

Transparency & Controls

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -47% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -57.4% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -144.8% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 27.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $200 in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2017 to 2019
  • 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 — Financial Efficiency: Program expense ratio scored 27/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.