ENERGY EDUCATION FOUNDATION
Mission Statement
CREATING A FUTURE POWERED BY THE PEOPLE WE EDUCATE TODAY! At the Energy Education Foundation, we are building a future where we bring together all forms of energy, all levels of the energy industry. As we evolve our educational programs and enhance our curriculum, our team is working to include every part of the industry from traditional forms of energy to emerging technologies and other revolutionary parts of the energy sector. Our educational programs will include upstream, midstream, downstream, LNG technologies, nuclear, wind, solar, petrochemicals, fluids and all technologies that will power tomorrow.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.7% | 77.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.0% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.3% | 5.4% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
316.4% | 240.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
32.0 mo | 16.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.7% | 10.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.7% | 74.5% |
P10P90
|
Bottom quarter |
|
Surplus margin
Surplus as a share of revenue
|
6.4% | -0.5% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| By the conclusion of the one-year program, each student will have developed a professional readiness | 50,000 | $650.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.9M | $1.8M | $4.8M | 78.7% | 10 |
| 2023 | N/A | N/A | N/A | — | — |
| 2022 | $897K | $1.8M | $5.7M | 84.2% | 29 |
| 2021 | $1.3M | $1.3M | N/A | — | 20 |
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