New Mexico · Nonprofit
NEW ENERGY ECONOMY INC
NEW ENERGY ECONOMY INC (New Mexico) receives grants from 34 organizations whose IRS filings report $3,883,709 to it, the largest being THE SCHMIDT FAMILY FOUNDATION ($1,184,000). 26 of them have funded it in more than one year.
- Revenue FY2024
- $1.1M
- Funders on record
- 34
- Grants received
- $3.9M
- Net assets
- $610k
What New Energy Economy Inc does
Mission
Build a renewable energy future for our health and the environment. With bold legal interventions, public policy advocacy, and grassroots action we fight for a fossil-fuel and nuclear-free economy that stewards both the health of our environment and our communities. A just transition to renewable energy is not just about reducing carbon emissions but transforming our energy system, as we do so we must redress social inequity, build people power, and foster economic and environmental justice.
As stated on its FY2024 Form 990.
Programs
New energy economy combines targeted legal campaigns with public education and engagement that make complex energy and regulatory issues accessible to the public and opens up spaces for community participation and influence on energy decision-making. In addition to legal and policy work, nee installs community-scale solar systems in communities to demonstrate the viability of renewable energy and bring the economic, environmental, health, and cost-saving benefits of solar to under-served communities.
$727,882 spent$39,692 earned by the program100% of program spendingDepreciation expense
$2,072 spent0% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $729,954.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $661k to $930k (+41%).
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.
96% of NEW ENERGY ECONOMY INC’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.
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.
Who funds it, year by year
2017 → 2023: the base broadened from 10 funders to 14 funders, grant income rose $179k → $646k.
11 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 38% 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 NEW ENERGY ECONOMY INC’s funders (the co-funder graph). Top 30 of 34 funders by total. 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
NEW ENERGY ECONOMY INC has a broad base — no single funder exceeds 30% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
41% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEW ENERGY ECONOMY INC.
Largest funder’s share by year: 2017 43% · 2018 33% · 2019 34% · 2020 31% · 2021 54% · 2022 28% · 2023 59% — 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
48% of NEW ENERGY ECONOMY INC's funders are still giving 3 years after their first grant; 76% give in more than one year at all.
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
NEW ENERGY ECONOMY INC draws 93% of its grant income from funders outside New Mexico, across 12 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.5M arriving through sponsors registered in 9 states 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.
Against its field
NEW ENERGY ECONOMY INC holds deeper cash reserves than three-quarters of the 2,187 environment nonprofits its size.
this organization peer median middle 50% of peers· 2,187 environment nonprofits $1M–$10M, FY2024
Organizations like NEW ENERGY ECONOMY INC
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 New Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
84%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for NEW ENERGY ECONOMY INC: 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.
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 NEW ENERGY ECONOMY INC?
- NEW ENERGY ECONOMY INC (New Mexico) receives grants from 34 organizations whose IRS filings report $3,883,709 to it, the largest being THE SCHMIDT FAMILY FOUNDATION ($1,184,000). 26 of them have funded it in more than one year.
- How many funders does NEW ENERGY ECONOMY INC have?
- IRS filings report 34 organizations giving $3,883,709 in grants to NEW ENERGY ECONOMY INC, 26 of which have funded it in more than one year.
- Who is the largest funder of NEW ENERGY ECONOMY INC?
- THE SCHMIDT FAMILY FOUNDATION is the largest funder on record, with $1,184,000 in grants. The full list of funders is on this page.
- How can an organization like NEW ENERGY ECONOMY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. 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 New Energy Economy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 34 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 22, 2026. What this page cannot tell you · view filing