AMERICANS FOR AFFORDABLE ENERGY INC

EIN: 823995174

CORNELIUS, NC

Total Revenue
$1,600
Total Expenses
$-171
Total Assets
$2,039
Net Assets
$2,039
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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
2018
Legal Domicile
NC
Principal Officer
ANDREW PORTARE
Phone
3148636112
Tax Period
2019-01-01 to 2019-12-31

AMERICANS FOR AFFORDABLE ENERGY INC, founded in 2018, is a micro nonprofit that reported $2K in total revenue in fiscal year 2019. Revenue fell 100% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2K, a strong 111% operating margin.

Mission

ADVOCATING FOR POLICY SOLUTIONS THAT LEAD TO AFFORDABLE AND RELIABLE ENERGY FOR CONSUMERS AND BUSINESSES.

Program Service Accomplishments

Program 1
Expenses: $500 Revenue: $1,600

AMERICANS FOR AFFORDABLE ENERGY, A NON-PROFIT ORGANIZATION, THAT ADVOCATES FOR AFFORDABLE AND RELIABLE ENERGY FOR CONSUMERS AND BUSINESSES, ENGAGED WITH CONSULTANTS AND ADVERTISERS TO PROMOTE ENERGY...

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AMERICANS FOR AFFORDABLE ENERGY, A NON-PROFIT ORGANIZATION, THAT ADVOCATES FOR AFFORDABLE AND RELIABLE ENERGY FOR CONSUMERS AND BUSINESSES, ENGAGED WITH CONSULTANTS AND ADVERTISERS TO PROMOTE ENERGY POLICIES THAT SUPPORTS ITS MISSION. THE ORGANIZATION REACHES OUT TO LOCAL CITIZENS TO DISCUSS AND PROMOTE RESPONSIBLE ENERGY PRICES THAT ARE IN THE BEST INTEREST OF THE PUBLIC.

Program 2

N/A

Program 3

N/A

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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 (2019)

Revenue Breakdown

Contributions & Grants $1,600
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,600

Expense Breakdown

Grants Paid $0
Salaries & Benefits $500
Fundraising Expenses $0
Program Expenses $500
Other Expenses $-671
TOTAL EXPENSES $-171

Year-over-Year Comparison

2019 2018 Change
Revenue $1,600 $494,116 -1.0%
Expenses $-171 $493,848 -1.0%
Net Income $1,771 $268 +5.6%
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
1
Independent Members
N/A
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
$500
Total Directors
1
$500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW PORTARE PRESIDENT 5.00
Officer Director
$500 $0 $500
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
2019 $1,600 $-171 $2,039 $1,771
2018 $494,116 $493,848 $268 $268
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