Families for Affordable Reliable Energy

EIN: 871737722

Artesia, NM

Total Revenue
$500,000
Total Expenses
$162,161
Total Assets
$376,673
Net Assets
$376,673
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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
2021
Legal Domicile
TX
Principal Officer
CLAIRE CHASE
Phone
5758052106
Tax Period
2023-01-01 to 2023-12-31

Families for Affordable Reliable Energy, founded in 2021, is a small nonprofit that reported $500K in total revenue in fiscal year 2023. Revenue surged 4445% from the prior year, signaling strong growth momentum. The organization ran a surplus of $338K, a strong 68% operating margin.

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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 $500,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $500,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $139,580
Fundraising Expenses $0
Program Expenses $158,500
Other Expenses $22,581
TOTAL EXPENSES $162,161

Year-over-Year Comparison

2023 2022 Change
Revenue $500,000 $11,000 +44.5%
Expenses $162,161 $147,893 +0.1%
Net Income $337,839 $-136,893 -3.5%
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
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
1
$138,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE EDWARDS Director 0.500
Officer Director
$0 $0 $0
JESSICA PEREZ Director 0.500
Officer Director
$0 $0 $0
HESS YNTEMA Director 0.500
Director
$0 $0 $0
CLAIRE CHASE EFFECTIVE 81 Executive Director 40.00
Key Emp
$138,000 $0 $138,000
CLAIRE CHASE DFormer DirOfficer 0.500
$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 $500,000 $162,161 $376,673 $337,839
2021 $251,900 $76,172 $175,278 $175,728
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