Skip to content

Virginia · Nonprofit

ENERGY INNOVATION REFORM PROJECT

ENERGY INNOVATION REFORM PROJECT (Virginia) receives grants from 17 organizations whose IRS filings report $6,718,223 to it, the largest being THE WILLIAM & FLORA HEWLETT FOUNDATION ($1,900,000). 5 of them have funded it in more than one year.

Revenue FY2024
$796k
Funders on record
17
Grants received
$6.7M
Net assets
$1.0M
5/17 repeat fundersgrants exceed reported revenue in one year
01What it does

What Energy Innovation Reform Project does

Mission

To educate the public and advocate for a broad energy policy that values the investment in new technologies.

As stated on its FY2024 Form 990.

Program

  1. Education and advocacy:1. Undertook multiple analyses of decarbonization pathways and policies for the electric power sector.2. Studied the economic and environmental impact of different policy options for reducing emissions3. Engaged in extensive and ongoing outreach to a broad range of key stakeholders across the political and civic spectrum to communicate the findings from out research and to build a strong case for pragmatic policy options.4. Pursued various internationally oriented projects. Assessed russia's role in the global energy economy after its invasion of ukraine. Studied u.s. - korea cooperation on clean energy supply chains, including solar photovoltaic systems and electric vehicle batteries.

    $732,546 spent
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $732,546.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.3M) Expenses 100 ($1.2M) Net assets 100 ($2.2M)2018 Revenue 67 ($1.5M) Expenses 120 ($1.4M) Net assets 106 ($2.3M)2019 Revenue 50 ($1.1M) Expenses 150 ($1.7M) Net assets 80 ($1.7M)2020 Revenue 98 ($2.2M) Expenses 120 ($1.4M) Net assets 119 ($2.6M)2021 Revenue 17 ($398k) Expenses 120 ($1.4M) Net assets 74 ($1.6M)2022 Revenue 41 ($932k) Expenses 88 ($1.0M) Net assets 67 ($1.5M)2023 Revenue 36 ($822k) Expenses 101 ($1.2M) Net assets 56 ($1.2M)2024 Revenue 35 ($796k) Expenses 81 ($938k) Net assets 46 ($1.0M)
'17'18'19'20'21'22'23'24
Revenue (35)Expenses (81)Net assets (46)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.6M to $1.7M (−37%).

$2.4M
$2.4M
$1.8M
$2.6M
$1.7M
$1.5M
$1.3M
$1.1M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

82% of ENERGY INNOVATION REFORM PROJECT’s revenue is contributions — about as donation-reliant as the typical peer (88% for the typical peer).

This organization
Typical peer · 4,629 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

$1.1M
’17
$137k
’18
−$583k
’19
$853k
’20
−$988k
’21
−$78k
’22
−$340k
’23
−$142k
’24
4.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Samuel Thernstrom

Director & CEO

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed76766666
Joined·+0+1+0+0+0+0+0
No longer listed·1010000
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 4 funders, grant income fell $696k → $485k.

1 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ENERGY INNOVATION REFORM PROJECT’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ENERGY INNOVATION REFORM PROJECT leans on a few funders — its largest provides 28% of grant income and the top three 73%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

28%
largest funder
73%
top three
~5
effective funders

Largest funder’s share by year: 2017 50% · 2018 75% · 2019 50% · 2020 41% · 2021 45% · 2022 37% · 2023 62% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

27% of ENERGY INNOVATION REFORM PROJECT's funders are still giving 3 years after their first grant; 29% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

ENERGY INNOVATION REFORM PROJECT draws 95% of its grant income from funders outside Virginia, across 7 states in all.

NY
MA
CA
VA
DE
NC
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $200k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ENERGY INNOVATION REFORM PROJECT's revenue fell 65% between 2017 and 2024.

Operating margin−18% · bottom quartile
Months of reserve4.0mo · below the median
Revenue growth (annualized)−14% · bottom quartile

this organization peer median middle 50% of peers· 4,264 environment nonprofits $100k–$1M, FY2024

Organizations like ENERGY INNOVATION REFORM PROJECT

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

66% of spending goes to programs.

Program 66%Management 25%Fundraising 9%

Governance

6
board members
67%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

30%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

VA
DC

Screen this organization

A dated, signed PDF of the compliance screen for ENERGY INNOVATION REFORM PROJECT: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ENERGY INNOVATION REFORM PROJECT?
ENERGY INNOVATION REFORM PROJECT (Virginia) receives grants from 17 organizations whose IRS filings report $6,718,223 to it, the largest being THE WILLIAM & FLORA HEWLETT FOUNDATION ($1,900,000). 5 of them have funded it in more than one year.
How many funders does ENERGY INNOVATION REFORM PROJECT have?
IRS filings report 17 organizations giving $6,718,223 in grants to ENERGY INNOVATION REFORM PROJECT, 5 of which have funded it in more than one year.
Who is the largest funder of ENERGY INNOVATION REFORM PROJECT?
THE WILLIAM & FLORA HEWLETT FOUNDATION is the largest funder on record, with $1,900,000 in grants. The full list of funders is on this page.
How can an organization like ENERGY INNOVATION REFORM PROJECT find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Energy Innovation Reform Project →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 17 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing