Ohio Advanced Energy Economy
Nonprofit profile at a glance
- EIN
- 453200638
- IRS 990-EZ coverage
- 2013–2014
- Forms available
- Form 990-EZ 2014
- Location
- Columbus, OH, USA
- Phone
- 6142270180
- Rating confidence
- Limited
- Sector
- Business and Industry
Reported finances
- Revenue
- $170,168
- Expenses
- $202,805
- Assets
- $26,769
- Liabilities
- $162,246
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- TED FORD (PRESIDENT/CEO)
People named in this filing
- ERIC ZIMMER (CHAIRMAN OF THE BOARD)
- JASON SLATTERY (DIRECTOR)
- BILL HAGSTRAND (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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ohio advanced energy economy's mission is to build and foster a robust advanced energy economy, drive technology innovation and implementation and position Ohio as a global leader by enhancing and aligning existing business networks and assets.
What it reported doing in 2014
Ohio aee has worked in 2014 to educate public policymakers and business leaders on the continued benefits of Ohio's renewable portfolio standard and energy efficiency resource standard. Ohio senate bill 310 would freeze those standards, leading to increased electricity costs for all ratepayers and the stagnation of Ohio's in-state renewable energy industry. Working with a broad based coalition and generating fact-based analysis, Ohio aee has established itself as the "go-to" organization for objective information on Ohio's advanced energy industry. Ohio aee has also intervened in puco cases pertaining to requests by first energy and aep to enter into long-term ppas with their uncompetitive coal and nuclear generation plants. Decisions on those requests were postponed into 2015. Coalition building has been a highly successful strategy for policy defense and development. Ohio aee has successfully built relationships/partnerships with the Ohio manufacturers association, council for small business enterprises, Ohio fuel cell coalition, investor-owned utilities, and several environmental groups.Ohio aee presented the second annual "Ohio's energy future" symposium in november. The symposium featured a public policy plenary session panel that included key legislators as well as the puco commissioner leading the commission's work on 111(d).
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 15
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
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: -19.2%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 6.06; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 36.2% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: -72.2% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2013 to 2014
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.