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Screen a listAmerican Council On Renewable Energy
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Listed with the IRS, but California flags it.
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- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(2)
$9.2Mrevenue
FY2024 · +35% in 3 yrs40staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−0.7%
Months of reserve4.2mo
Revenue growth (annualized)+16.0%
Middle half of peersMedianAmerican Council On Renewable Energy
Where the money goes FY2024 · $9.3M spent
Programs$6.7M72%Management and general$2.4M26%Fundraising$172k2%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 32% of revenue stopped after FY2022
Breakthrough Energy Action Inc gave $2.5M in FY2022, 32% of revenue that year.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$483k in FY2022 and −$62k in FY2024. Cash covers 4.2 months, under the peer median of 4.5.
990 Part I and balance sheetIn its favor2
Strong governance
26 of 27 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 16% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort20funders
$2.7Ma year, last 3 years
31%from its largest funder
Funder’19’20’21’22’23Breakthrough Energy Action IncOn and off$2.5MMultiplierNew in FY2023$2.4MSequoia Climate FoundationSince FY2022$750k$750kClimate Imperative FoundationStopped after FY2022$250k$500k–The Marisla FoundationOn and off$275k$100k$100kThe Heising-Simons FoundationOn and off$350kDonor-advised giftsDonors not disclosed$37$8k$10k$1179 other fundersUp to $225k a year each$5k$50k$78k$2k$231k
FundedThrough a donor-advised fundStopped