SOVEREIGN ENERGY

EIN: 922224097 501(c)(3) Environment

ALBUQUERQUE, NM

Total Revenue
$238,491
Total Expenses
$20,244
Total Assets
$223,385
Net Assets
$218,247
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Financial Vulnerability Assessment (Tuckman-Chang)

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Organization Details

Formation Year
2021
Legal Domicile
NM
Principal Officer
MAYANE CHAVEZ BARUDIN
Phone
5056996703
Tax Period
2023-01-01 to 2023-12-31

SOVEREIGN ENERGY, founded in 2021, is a small nonprofit in the Environment sector that reported $238K in total revenue in fiscal year 2023. The organization ran a surplus of $218K, a strong 92% operating margin.

Mission

Sovereign Energy builds the individual and collective power of Southwest Pueblos and Tribes to lead the way toward a just, interdependent, and sustainable energy future.

Program Service Accomplishments

Program 1
Expenses: $5,556 Revenue: $0

Capacity constraints hinder energy development in Tribal Nations, making capacity-building essential for energy sovereignty. Sovereign Energy empowers Tribes through initiatives like technical...

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Capacity constraints hinder energy development in Tribal Nations, making capacity-building essential for energy sovereignty. Sovereign Energy empowers Tribes through initiatives like technical support, policy guidance, and project planning to enhance their renewable energy leadership. We help Tribes overcome mistrust from historical energy exploitation, offering free assistance on everything from project development to regulatory navigation. Our goal is to enable Tribes to achieve energy independence, foster economic growth, and create healthier communities, while also increasing Indigenous representation in the broader energy sector.

Program 2
Expenses: $3,567 Revenue: $0

Sovereign Energy is dedicated to advancing education and energy literacy within Indigenous communities across the Southwest United States. We simplify complex energy issues, ensuring Tribal leaders...

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Sovereign Energy is dedicated to advancing education and energy literacy within Indigenous communities across the Southwest United States. We simplify complex energy issues, ensuring Tribal leaders can make informed decisions while respecting Tribal sovereignty. Our work promotes collaboration and understanding among stakeholders, ensuring that energy development aligns with Tribal values. Additionally, we support Indigenous students and professionals to increase their representation and influence in the broader energy sector.

Program 3
Expenses: $1,694 Revenue: $0

Cultural Resource Protection: Sovereign Energy advocates for expanding energy infrastructure while protecting Tribal cultural resources, traditional landscapes, and sacred sites, which are vital to...

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Cultural Resource Protection: Sovereign Energy advocates for expanding energy infrastructure while protecting Tribal cultural resources, traditional landscapes, and sacred sites, which are vital to Tribal identity. We emphasize the need for informed Tribal leadership in renewable energy development to ensure cultural preservation alongside progress. At the project level, we assist Tribes in navigating permitting and regulatory processes to safeguard these resources. Nationally, we advocate for policies that prioritize Tribal sovereignty and cultural protection in energy infrastructure expansion.

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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 $238,491
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $238,491

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,702
Fundraising Expenses $69
Program Expenses $12,436
Other Expenses $3,542
TOTAL EXPENSES $20,244

Year-over-Year Comparison

2023 2022 Change
Revenue $238,491 N/A N/A
Expenses $20,244 N/A N/A
Net Income $218,247 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
3

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
4
$11,538
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mayane Barudin Executive Director 40
Officer
$11,538 $0 $11,538
Derrick Toledo Board President 1
Officer Director
$0 $0 $0
Pilar Thomas Board Treasurer 1
Officer Director
$0 $0 $0
Marissa Naranjo Board Secretary 1
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 No data No data No data No data
2023 $238,491 $20,244 $223,385 $218,247
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