THE ALLIANCE FOR ENERGY SECURITY (EIN 823477991) - 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

2017

Principal Officer

RICHARD HARKRADER

Phone

9196081060

Tax Period

2024-01-01 to 2024-12-31

THE ALLIANCE FOR ENERGY SECURITY, founded in 2017, is a small nonprofit that reported $405K in total revenue in fiscal year 2024. Revenue surged 1058% from the prior year, signaling strong growth momentum.

Mission

THE ALLIANCE FOR ENERGY SECURITY IS ADVOCATING ON BEHALF OF LOWER UTILITY RATES FOR THE PEOPLE OF NORTH CAROLINA AND OTHERS. OUR GOAL IS TO ADVANCE THE ENERGY INDUSTRY BY LOWERING CONSUMER RATES FOR ALL.

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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 $405,125

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $405,125

Expense Breakdown

Grants Paid $332,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $412,500

Other Expenses $80,034

TOTAL EXPENSES $412,534

Year-over-Year Comparison

	2024	2023	Change
Revenue	$405,125	$35,000	+10.6%
Expenses	$412,534	$74,288	+4.6%
Net Income	$-7,409	$-39,288	-0.8%

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

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

$143,550

Total Directors

$143,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER CARMODY	SECRETARY	2.00	Officer Director	$0	$4,550	$143,550
RICHARD HARKRADER	PRES./TREAS.	2.00	Officer Director	$0	$0	$0
DENNIS RICHTER	TREASURER	2.00	Officer 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	$405,125	$412,534	$2,273	$-7,409
2023	$35,000	$74,288	$12,307	$-39,288
2022	No data	$39,669	$50,120	No data
2021	$141,500	$77,740	$89,918	$63,760
2020	$123,000	$123,720	$24,879	$-720

THE ALLIANCE FOR ENERGY SECURITY