Securing Americas Future Energy Foundation

“The form 990 is prepared by an outside cpa and reviewed and approved by management of the organization. An officer of the safe foundation reviews, approves and signs the form 990 for filing.”

“Annual disclosure of potential conflicts is required under the conflict of interest policy. Any actual or potential conflicts are dealt with in accordance with the policy. In addition, it is the general policy of the organization to not enter into arrangements which would cause an actual or potential conflict of interest. The resolution of any conflict of interest and resulting decision of the independent directors is documented in a board resolution or memorandum.”

“The compensation of the president was originally established by the board of directors of securing america's future energy foundation (safe foundation) in 2004. Subsequent changes to the compensation of the president have been approved by the board of directors, which are independent with respect to the president. The compensation of officers is determined and approved by the president of the safe foundation, subject to final approval by the board of directors.”

“These documents are not made available to the public unless required by law or at the discretion of the board of directors.”

“Consulting: program service expenses 581,037. Management and general expenses 11,343. Fundraising expenses 29,667. Total expenses 622,047. Temporary help: program service expenses 19,035. Management and general expenses 3,335. Fundraising expenses 3,121. Total expenses 25,491. Payroll processing fees: program service expenses 6,907. Management and general expenses 1,167. Fundraising expenses 1,074. Total expenses 9,148. Photography: program service expenses 1,495. Management and general expenses 63. Fundraising expenses 71. Total expenses 1,629. Graphic design: program service expenses 500. Management and general expenses 0. Fundraising expenses 0. Total expenses 500. Staging: program service expenses 163. Management and general expenses 0. Fundraising expenses 0. Total expenses 163.”

“Ppp forgivable loan recognized as revenue but not forgiven in fy 2021 530,904. Employee retention credit recognized as revenue but not received in fy 2021 174,269.”

“The organization did not change either its oversight process or selection process during the tax year.”