The Energy and Resources Institute

Nonprofit profile at a glance

EIN
521697207
IRS 990 coverage
2011–2015
Forms available
Form 990 2015
Location
Washington, DC, USA
Phone
2022896868
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Official website

Reported finances

Revenue
$54,873
Expenses
$57,018
Assets
$566,472
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • Dr R K Pachauri (President)
  • Dr Leena Srivastava (Senior Vice President)
  • Dr Annapurna Vancheswaran (Vice President)

People named in this filing

  • Steven D Smith (Director)
  • Dr Charles K Ebinger (Director)
  • Mr Jacob Scherr (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. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To establish the energy and resources institute as the developing country conscience of global policy-makers on issues of energy, environment, and sustainable development and to mobilize support towards these issues.

What it reported doing in 2015

The sixth edition of the US-India Energy Partnership Summit themed US-India Past Cooperation, Future Strategies and New Opportunities was held on September 21, 2015. The Summit comprised three focused thematic tracks - Improving the Efficiency of Energy Use Renewable Energy Financing Clean Energy Carbon Capture, Commoditization and Utilization. The thematic tracks were followed by a High Level Corporate Dialogue that brought together leaders from industry as well as government and academia to discuss the role of business in sustainable development and furthering the energy partnership between the two countries. This Dialogue was followed by a Special Plenary session, during which Dr Ernest Moniz, United States Secretary of Energy, US Department of State delivered the valedictory address.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
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: 82
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 59
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.9%; rating input score 95
  • Program expense ratio: 88.7%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • 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: -3.9%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 9.93; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: -15.8% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: -21.4% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -0.2% per year; rating input score 0; 49th percentile among comparable filings

Details

  • Where the money goes: 94.9% of revenue deployed · 88.7% of spending went to programs
  • Governance: 15 of 15 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $51K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2011 to 2015
  • 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.

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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.