PARTNERSHIP FOR AFFORDABLE CLEAN ENERGY INC

EIN: 264374127

WASHINGTON, DC

Total Revenue
$6,000
Total Expenses
$25,877
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
AL
Principal Officer
CLINE JONES
Phone
7032549103
Tax Period
2023-01-01 to 2023-12-31

PARTNERSHIP FOR AFFORDABLE CLEAN ENERGY INC, founded in 2009, is a micro nonprofit that reported $6K in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $26K exceeded revenue, resulting in a 331% operating deficit.

Mission

THE PARTNERSHIP FOR AFFORDABLE CLEAN ENERGY (PACE) WAS FORMED FOR THE PRIMARY PURPOSE OF EDUCATING THE PUBLIC ABOUT, AND ADVOCATING FOR, FAIR AND RESPONSIBLE APPROACHES TO FEDERAL ENERGY POLICY. PACE SEEKS TO EDUCATE WORKING PEOPLE, BUSINESS OWNERS, ENVIRONMENTALISTS, AND TRADE ORGANIZATIONS WHO ARE FIGHTING FOR FAIR AND RESPONSIBLE ENERGY POLICIES. PACE BELIEVES THAT THE NATIONAL CONVERSATION ABOUT THE FUTURE OF ENERGY MUST INCLUDE DISCUSSIONS ABOUT THE COST OF PARTICULAR ENERGY ALTERNATIVES, NOT JUST THEIR ENVIRONMENTAL BELIEFS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,627
Other Expenses $25,877
TOTAL EXPENSES $25,877

Year-over-Year Comparison

2023 2022 Change
Revenue $6,000 $152,741 -1.0%
Expenses $25,877 $134,578 -0.8%
Net Income $-19,877 $18,163 -2.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE MCWATERS BOARD CHAIR N/A
Director
$0 $0 $0
BREN RILEY SECRETARY/TR N/A
Director
$0 $0 $0
COURTNEY REYNOLDS BOARD MEMBER N/A
Director
$0 $0 $0
SHAWN TAYLOR BOARD VICE C N/A
Director
$0 $0 $0
NEIL CHATTERJEE BOARD MEMBER N/A
Director
$0 $0 $0
CLINE JONES EXECUTIVE DI N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $6,000 $25,877 No data $-19,877
2022 $152,741 $134,578 $19,877 $18,163
2021 $249,386 $273,686 $1,714 $-24,300
2020 $312,500 $396,572 $26,014 $-84,072
2019 $1,114,324 $1,007,252 $110,086 $107,072
2018 $401,910 $439,369 $4,314 $-37,459
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