Civic Intelligence

Renewable Energy Alaska Project

990 • Fiscal year 2014 • EIN 26-0484527

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

308 G Street Suite 225Anchorage, AK 99501

(907) 929-7770

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.75x

Higher debt load relative to assets than 89% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

77th percentile

0.29x

Higher debt load relative to revenue than 77% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

51st percentile

3.6%

Higher net margin than 51% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

93rd percentile

$144,915

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 19.0% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

23rd percentile

-5.5%

Faster asset growth than 23% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

58th percentile

8.3%

Faster revenue growth than 58% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$289,165

Down $16,671 (-5.5%) from 2013

Net Assets

Up

$70,947

Up $27,114 (+62%) from 2013

Liabilities

Down

$218,218

Down $43,785 (-17%) from 2013

Revenue

Up

$761,044

Up $58,272 (+8.3%) from 2013

Expenses

Down

$733,930

Down $6,191 (-0.8%) from 2013

Net Income

Up

$27,114

Up $64,463 (+173%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $301,592Liabilities 2011: $262,971Net Assets 2011: $38,6212011Assets 2012: $348,905Liabilities 2012: $267,723Net Assets 2012: $81,1822012Assets 2013: $305,836Liabilities 2013: $262,003Net Assets 2013: $43,8332013Assets 2014: $289,165Liabilities 2014: $218,218Net Assets 2014: $70,9472014Assets 2015: $395,564Liabilities 2015: $193,870Net Assets 2015: $201,6942015Assets 2016: $289,549Liabilities 2016: $78,408Net Assets 2016: $211,1412016Assets 2017: $382,859Liabilities 2017: $124,047Net Assets 2017: $258,8122017Assets 2018: $257,351Liabilities 2018: $106,368Net Assets 2018: $150,9832018Assets 2019: $278,743Liabilities 2019: $101,561Net Assets 2019: $177,1822019Assets 2020: $584,486Liabilities 2020: $256,069Net Assets 2020: $328,4172020Assets 2021: $689,384Liabilities 2021: $92,703Net Assets 2021: $596,6812021Assets 2022: $648,646Liabilities 2022: $124,448Net Assets 2022: $524,1982022Assets 2023: $828,246Liabilities 2023: $140,894Net Assets 2023: $687,3522023Assets 2024: $848,216Liabilities 2024: $159,720Net Assets 2024: $688,4962024

Highlighted filing

2014

Assets$289,165
Liabilities$218,218
Net Assets$70,947

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $820,0452011Expenses 2012: $765,2732012Revenue 2013: $702,772Expenses 2013: $740,121Net Income 2013: -$37,3492013Revenue 2014: $761,044Expenses 2014: $733,930Net Income 2014: $27,1142014Revenue 2015: $820,579Expenses 2015: $689,832Net Income 2015: $130,7472015Revenue 2016: $620,578Expenses 2016: $611,131Net Income 2016: $9,4472016Revenue 2017: $808,052Expenses 2017: $760,381Net Income 2017: $47,6712017Revenue 2018: $618,808Expenses 2018: $726,637Net Income 2018: -$107,8292018Revenue 2019: $993,164Expenses 2019: $966,965Net Income 2019: $26,1992019Revenue 2020: $1,008,088Expenses 2020: $856,853Net Income 2020: $151,2352020Revenue 2021: $1,295,420Expenses 2021: $1,026,786Net Income 2021: $268,6342021Revenue 2022: $1,101,702Expenses 2022: $1,131,625Net Income 2022: -$29,9232022Revenue 2023: $1,677,642Expenses 2023: $1,567,411Net Income 2023: $110,2312023Revenue 2024: $2,017,995Expenses 2024: $2,041,188Net Income 2024: -$23,1932024

Highlighted filing

2014

Revenue$761,044
Expenses$733,930
Net Income$27,114
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$761,624
Mission and Program Overview

Mission

Renewable alaska energy project's mission is to facilitate the increased development of renewable energy through collaboration, education, training and advocacy.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$218,451$164,239▼ $54,212
Pledges and Grants Receivable$30,000$72,790▲ $42,790
Savings and Temporary Cash Investments$45,072$45,126▲ $54
Prepaid Expenses and Deferred Charges$4,992$5,399▲ $407
Inventories for Sale or Use$1,997$1,417▼ $580
Land, Buildings, and Equipment, Net$5,324$194▼ $5,130
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$305,836$289,165▼ $16,671
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$182,082$123,971▼ $58,111
Accounts Payable and Accrued Expenses$54,921$94,247▲ $39,326
Other Liabilities$25,000$0▼ $25,000
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$262,003$218,218▼ $43,785
Net Assets / Fund Balance
Unrestricted Net Assets$13,833$70,947▲ $57,114
Temporarily Rstr Net Assets$30,000$0▼ $30,000
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$43,833$70,947▲ $27,114
Total Liabilities and Net Assets / Fund Balance$305,836$289,165▼ $16,671

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$194$19,919$20,113
Other Land Buildings-$3,522$3,522
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher RoseExecutive DirectorFT$125,000$19,915$144,915

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$676,363
Program Service Revenue
$76,369
Investment Income
$53
Other Revenue
$8,259
All Other Contributions
$488,933
Change in Net Assets
$27,114

Audited Revenue Reconciliation

Revenue per Audited Statements
$761,044
Revenue Not Reported on Form 990
$20,160
Total Revenue per Audited Statements
$781,204
Total Revenue per Form 990
$761,044
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$429,955
Other Expenses$303,975
Total Fundraising Expense$79,989
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$158,159$26,956$40,968$226,083
Current Officers, Directors, Trustees, and Key Employees$123,233$13,503$8,179$144,915
Fees for Services Other$54,667$20,699$1,953$77,319
Conferences and Meetings$45,368$2,438$1,381$49,187
Occupancy$18,938$10,098$10,498$39,534
Office Expenses$22,237$10,689$3,743$36,669
Travel$32,487-$1,527$34,014
Payroll Taxes$24,385$3,438$4,011$31,834
Other Employee Benefits$25,767$1,356-$27,123
Fees for Services Accounting$12,682$4,802$453$17,937
Insurance$6,549$4,728$3,564$14,841
Other Expenses$3,757$5,704$917$10,378
Advertising$8,745$192$16$8,953
Depreciation Depletion$1,710$1,710$1,710$5,130
Information Technology-$4,007-$4,007
Interest$120$183$29$332
Total Functional Expenses$541,668$112,273$79,989$733,930

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$754,090
Expenses per Audited Statements$733,930
Total Expenses per Form 990$733,930
Expenses Not Reported on Form 990$20,160
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 6:

There are organizational members.

FORM 990, PART VI, SECTION A, LINE 7A:

Various non-profit and for-profit organizations from the community which share the goals of our organization are eligible to be a member and may join the membership upon approval of the executive committee. Each "organizational" member is entitled to attend all board meetings, to vote in the annual baord elections and to run for a board seat in the constituency that they represent. "supporting organizations" of the organization are not eligible to run for board seats, but may attend all board meetings. Organizational members that are not elected to the board of directors are not entitled to approve that governing bodys decisions. No organizational members are entitled to a share of the organizations assets. The sole entitlement each organizational member has is to designate a representative and an alternate to the board of directors (governing body). None of the organizational members are entitled to approve governing bodys decisions or a share of the organizations assets.

FORM 990, PART VI, SECTION B, LINE 11:

The organizations contract accountant reviews the form 990 before it is filed and offers suggested changes, if necessary. After any necessary changes are made, the return is given to the executive director to review and approve.

FORM 990, PART VI, SECTION B, LINE 12C:

The organizations written conflict of interest policy requires that any member in connection with any actual or possible conflict of interest, must disclose the existance of the financial interest and be given the opportunity to disclose all material facts to the directors and members of commitees with governing board delegated powers considering the proposed transaction or arrangement.

FORM 990, PART VI, SECTION C, LINE 19:

The governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Renewable Energy Alaska Project
EIN
26-0484527
In Care Of
% CHRISTOPHER W ROSE
Phone
9079297770
Address
308 G Street Suite 225, Anchorage, AK 99501

Signing Officer

Name
Christopher W Rose
Title
Executive Director
Phone
9079297770
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher W Rose
Formed
2008
Legal Domicile
Ak
Voting Board Members
21
Independent Board Members
21
Employees
9
Volunteers
25

Preparer

Firm
Bdo USA Llp
Address
3601 C STREET STE 600, ANCHORAGE, AK 99503
Preparer
Key E Getty CPA
Phone
9072788878
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1:

Renewable alaska energy project engages in general public outreach and education on a year round basis. Examples include creation and distribution of electronic newsletters; presentations at civic clubs and schools; tabling at public events; creation and dissemination of printed materials discussing renewable energy and energy efficiency; participation in committees and advisory groups focused on energy efficiency and renewable energy; meetings with energy stakeholders and paid media.

FORM 990, PART III, LINE 2:

Ak enrgy smart is a web-based k-12 curriculumn resource on energy efficency that reap updates and disseminates. Reap updates lesson plans and lesson materials. Included in the work are teacher training sessions and classroom visits in schools through out the state. The islanded grid resource center is a collaborative effort with the island institute and the national renewable energy laboratory to create a self-sustaining knowledge center and resource for isolated islanded grids using or considering wind power through a network of wind operators, government agencies, researchers and technical experts that increases information sharing and capacity building for islanded electric grids.

FORM 990, PART III, LINE 3:

Renewable energy alaska project did not host the business of clean energy in alaska (bcea) conference.

Financial Statement Notes

Form 990, Schedule D, PART XI LINE 2D - OTHER ADJUSTMENTS

COST OF GOODS SOLD 580.

Form 990, Schedule D, Part XII, Line 2D - OTHER ADJUSTMENTS

COST OF GOODS SOLD 580.

FORM 990, SCHEDULE D, PART X, LINE 2:

Reap is exempt from income taxes as a nonprofit corporation organized under section 501(c)(3) of the internal revenue code. Reap applies the provisions of topic 740 of the fasb accounting standards codification relating to accounting for uncertainty in income taxes and annually reviews its tax positions taken in accordance with the recognition standards. Reap believes that it has no uncertain tax positions which would require disclosure or adjustment in these financial statements.

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IRS990/Form990PartVIISectionAGrp/PersonNm25HARRY CRAWFORD JR
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IRS990/Form990PartVIISectionAGrp/PersonNm27PETER CRIMP
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30EXECUTIVE DIRECTOR
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.16$0.69$2.02$2.04$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.14$0.69$1.68$1.57$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.12$0.52$1.10$1.13$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.09$0.60$1.30$1.03$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.26$0.33$1.01$0.86$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.10$0.18$0.99$0.97$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.11$0.15$0.62$0.73$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.12$0.26$0.81$0.76$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.08$0.21$0.62$0.61$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.19$0.20$0.82$0.69$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.22$0.07$0.76$0.73$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.31$0.26$0.04$0.70$0.74$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.27$0.08$0.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.26$0.04$0.82