Energy Action Fund
- Assets
- $8.2m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 28
- Location
- San Francisco, CA
- Founding
- 01/2009
- Data as of
- 12/2022
- EIN
- 26-3390444
Organization Overview
Energy Action Fund is located in San Francisco, CA. The organization was established in 2009. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2022, Energy Action Fund employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy Action Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Energy Action Fund generated $12.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $16.9m during the year ending 12/2022. While expenses have increased by 19.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Energy Action Fund has awarded 516 individual grants totaling $44,502,109. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENERGY ACTION FUND ADVOCATES FOR A CLEAN AND EQUITABLE ENERGY FUTURE TO TACKLE THE CLIMATE CRISIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GRANTS TO SUPPORT THE ADVANCEMENT OF CLEAN ENERGY AND ENERGY EFFICIENCY POLICIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Systrom Board Chair | OfficerTrustee | 1 | $0 |
Brian Stanley Secretary | OfficerTrustee | 6 | $51,626 |
Jason Mark Vice Chair | OfficerTrustee | 1 | $0 |
Courtney Cuff Board Member | Trustee | 1 | $0 |
Phil Sharp Board Member | Trustee | 1 | $0 |
Virginia Lacy Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sunstone Strategies Llc Communication Support | 12/30/22 | $721,034 |
Blueprint Interactive Communication Support | 12/30/22 | $200,000 |
Dewey Square Group Strategic Advisors | 12/30/22 | $338,613 |
Cascade Associates Communication Support | 12/30/22 | $144,000 |
Ac Strategies Strategic Advisors | 12/30/22 | $144,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,990,007 |
| Noncash contributions included in lines 1a–1f | $250,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,990,007 |
| Total Program Service Revenue | $0 |
| Investment income | $52,706 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,042,713 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,052,961 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $236,072 |
| Compensation of current officers, directors, key employees. | $20,413 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $486,268 |
| Pension plan accruals and contributions | $65,064 |
| Other employee benefits | $69,929 |
| Payroll taxes | $55,537 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $89,865 |
| Fees for services: Accounting | $490 |
| Fees for services: Lobbying | $3,662,868 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,171 |
| Advertising and promotion | $0 |
| Office expenses | $7,595 |
| Information technology | $45,673 |
| Royalties | $0 |
| Occupancy | $65,605 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,505 |
| All other expenses | $0 |
| Total functional expenses | $16,854,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,702,565 |
| Savings and temporary cash investments | $4,474,340 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,400 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,216,305 |
| Accounts payable and accrued expenses | $583,682 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $583,682 |
| Net assets without donor restrictions | $2,824,582 |
| Net assets with donor restrictions | $4,808,041 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,216,305 |
Grants Awarded
Over the last fiscal year, Energy Action Fund has awarded $12,042,961 in support to 106 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION TOGETHER NEW JERSEY INC PURPOSE: TO SUPPORT CLEAN ENERGY POLICY ADVANCEMENT IN THE STATES. | $25,000 |
ALL HANDS ON DECK NETWORK INC PURPOSE: GENERAL OPERATING SUPPORT | $165,000 |
ADVANCE MARYLAND PURPOSE: TO SUPPORT CLEAN ENERGY POLICY ADVANCEMENT IN THE STATES. | $20,000 |
AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC PURPOSE: TO SUPPORT CLEAN ENERGY POLICY ADVANCEMENT IN THE STATES. | $25,000 |
AMERICA WORKS USA PURPOSE: GENERAL OPERATING SUPPORT | $300,000 |
ARIZONA TRAIL ASSOCIATION PURPOSE: TO SUPPORT CLEAN ENERGY POLICY ADVANCEMENT IN THE STATES. | $10,000 |