FOUNDATION OF THE ASSOCIATION OF ENERGY ENGINEERS (EIN 581456504) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Principal Officer

WILLIAM KENT

Phone

7704475083

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION OF THE ASSOCIATION OF ENERGY ENGINEERS, founded in 1977, is a small nonprofit that reported $141K in total revenue in fiscal year 2024. The organization ran a surplus of $34K, a strong 24% operating margin.

Mission

THE FOUNDATION OF AEE WAS FORMED FOR THE PURPOSE OF AWARDING SCHOLARSHIPS TO FURHTER EDUCATION IN THE ENERGY ENGINEERING FIELD. SCHOLARSHIPS ARE AWARDED TO UNDERGRADUATE DEGREE CANDIDATES WHO ARE ENROLLED IN ENGINEERING OR MANAGEMENT PROGRAMS AT ACCREDITATED COLLEGES OR UNIVERSITIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $116,634

Program Service Revenue $0

Investment Income $11,975

Other Revenue $12,825

TOTAL REVENUE $141,434

Expense Breakdown

Grants Paid $101,750

Salaries & Benefits $0

Fundraising Expenses $536

Program Expenses $101,750

Other Expenses $5,932

TOTAL EXPENSES $107,682

Year-over-Year Comparison

	2024	2023	Change
Revenue	$141,434	$145,788	0.0%
Expenses	$107,682	$90,302	+0.2%
Net Income	$33,752	$55,486	-0.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

$433,907

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM KENT	TRUSTEE	4.00	Director	$0	$117,846	$433,907
KAUSHIK BHATTACHARJEE	SECRETARY &	4.00	Officer Director	$0	$0	$0
ADRES ORTUNO CARBONELL	TRUSTEE	4.00	Director	$0	$0	$0
TIM JANOS	TREASURER &	4.00	Officer Director	$0	$0	$0
ERIC OLIVER	PRESIDENT &	4.00	Officer Director	$0	$0	$0
KRISTIE TEOH	SCHOLARSHIP	4.00	Director	$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
2024	$141,434	$107,682	$671,095	$33,752
2023	$145,788	$90,302	$597,290	$55,486
2022	$128,309	$82,529	$498,820	$45,780
2021	$414,768	$62,549	$509,775	$352,219
2020	$62,082	$56,854	$158,276	$5,228
2019	$72,716	$87,159	$153,048	$-14,443
2018	$82,499	$62,439	$168,241	$20,060

FOUNDATION OF THE ASSOCIATION OF ENERGY ENGINEERS