Civic Intelligence

Edfuel

990 • Fiscal year 2023 • EIN 46-2975017

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 01, 2024

300 New Jersey Ave NW 900Washington, DC 20001

(310) 309-7234

Siviq Scores

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

Liabilities / Assets

67th percentile

0.20x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

58th percentile

0.14x

Higher debt load relative to revenue than 58% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

62nd percentile

10%

Higher net margin than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

90th percentile

$204,421

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

81st percentile

26%

Faster asset growth than 81% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

35%

Faster revenue growth than 78% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$2,038,967

Flat from 2023

Net Assets

Flat

$1,629,886

Flat from 2023

Liabilities

Flat

$409,081

Flat from 2023

Revenue

Flat

$3,007,849

Flat from 2023

Expenses

Flat

$2,703,111

Flat from 2023

Net Income

Flat

$304,738

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $311,525Liabilities 2013: $85,347Net Assets 2013: $226,1782013Assets 2014: $854,282Liabilities 2014: $33,872Net Assets 2014: $820,4102014Assets 2015: $726,378Liabilities 2015: $76,140Net Assets 2015: $650,2382015Assets 2016: $1,045,533Liabilities 2016: $141,039Net Assets 2016: $904,4942016Assets 2017: $519,487Liabilities 2017: $206,228Net Assets 2017: $313,2592017Assets 2018: $489,909Liabilities 2018: $91,865Net Assets 2018: $398,0442018Assets 2019: $778,405Liabilities 2019: $92,914Net Assets 2019: $685,4912019Assets 2020: $1,050,804Liabilities 2020: $114,060Net Assets 2020: $936,7442020Assets 2021: $1,272,680Liabilities 2021: $186,604Net Assets 2021: $1,086,0762021Assets 2022: $1,617,206Liabilities 2022: $292,058Net Assets 2022: $1,325,1482022Assets 2023: $2,038,967Liabilities 2023: $409,081Net Assets 2023: $1,629,8862023Assets 2023: $2,038,967Liabilities 2023: $409,081Net Assets 2023: $1,629,8862023Assets 2024: $1,358,250Liabilities 2024: $270,066Net Assets 2024: $1,088,1842024

Highlighted filing

2023

Assets$2,038,967
Liabilities$409,081
Net Assets$1,629,886

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $555,158Expenses 2013: $328,980Net Income 2013: $226,1782013Revenue 2014: $1,140,804Expenses 2014: $548,573Net Income 2014: $592,2312014Revenue 2015: $855,940Expenses 2015: $1,024,956Net Income 2015: -$169,0162015Revenue 2016: $1,473,504Expenses 2016: $1,219,248Net Income 2016: $254,2562016Revenue 2017: $1,347,777Expenses 2017: $1,939,012Net Income 2017: -$591,2352017Revenue 2018: $1,128,814Expenses 2018: $1,044,029Net Income 2018: $84,7852018Revenue 2019: $1,385,732Expenses 2019: $1,098,285Net Income 2019: $287,4472019Revenue 2020: $1,519,217Expenses 2020: $1,267,964Net Income 2020: $251,2532020Revenue 2021: $1,739,561Expenses 2021: $1,593,274Net Income 2021: $146,2872021Revenue 2022: $2,221,170Expenses 2022: $1,982,098Net Income 2022: $239,0722022Revenue 2023: $3,007,849Expenses 2023: $2,703,111Net Income 2023: $304,7382023Revenue 2023: $3,007,849Expenses 2023: $2,703,111Net Income 2023: $304,7382023Revenue 2024: $1,726,730Expenses 2024: $2,268,432Net Income 2024: -$541,7022024

Highlighted filing

2023

Revenue$3,007,849
Expenses$2,703,111
Net Income$304,738
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 1, 2024
Return Version
2023v5.1
Gross Receipts
$3,007,849
Mission and Program Overview

Mission

Edfuel's mission is to attract, develop, and retain the next generation of leaders to the rapidly evolving k-12 education sector.

Edfuel's mission is to attract, develop, and retain the next generation of leaders to the rapidly evolving k-12 education sector

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,434,793$1,666,870▲ $232,077
Accounts Receivable$163,939$201,840▲ $37,901
Land, Buildings, and Equipment, Net$3,297$94,316▲ $91,019
Other Notes and Loans Receivable, Net$11,236$70,146▲ $58,910
Prepaid Expenses and Deferred Charges$3,941$5,795▲ $1,854
Total Assets$1,617,206$2,038,967▲ $421,761
Liabilities
Deferred Revenue$255,441$358,940▲ $103,499
Accounts Payable and Accrued Expenses$36,617$50,141▲ $13,524
Total Liabilities$292,058$409,081▲ $117,023
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,096,534$1,172,501▲ $75,967
Net Assets With Donor Restrictions$228,614$457,385▲ $228,771
Total Net Assets Fund Balance$1,325,148$1,629,886▲ $304,738
Total Liabilities and Net Assets / Fund Balance$1,617,206$2,038,967▲ $421,761

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$87,419-$87,419
Equipment$6,897$35,850$42,747
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly GleischmanSenior AdvisorFT$181,509$22,912$204,421
Kerri-ann NesbethManaging PartnerFT$173,511$25,204$198,715
Kristina Campa-grucaPartnerFT$136,573$14,768$151,341
Cortney Graham AmecksonPartnerFT$136,825$13,153$149,978

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$769,189
Program Service Revenue
$2,209,552
Investment Income
$29,108
Other Revenue
$0
All Other Contributions
$769,189
Change in Net Assets
$304,738

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,007,849
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,007,849
Total Revenue per Form 990
$3,007,849
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,062,839
Other Expenses$640,272
Total Fundraising Expense$9,187
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$788,955$373,021$4,952$1,166,928
Current Officers, Directors, Trustees, and Key Employees$424,467$199,750$2,641$626,858
Payroll Taxes$93,330$43,920$581$137,831
Other Employee Benefits$88,855$41,814$553$131,222
Fees for Services Other$54,438$18,112-$72,550
Travel$69,206$2,774$430$72,410
Office Expenses$26,184$20,443-$46,627
Fees for Services Accounting$18,375$5,489-$23,864
Other Expenses$9,902$2,958$9$12,860
Depreciation Depletion$2,732$1,289$17$4,038
Fees for Services Legal$2,794$834-$3,628
Information Technology$2,154$643-$2,797
Insurance$2,393$378-$2,771
Occupancy$624$294$4$922
Total Functional Expenses$1,893,000$800,924$9,187$2,703,111

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,703,111
Total Expenses per Audited Statements$2,703,111
Total Expenses per Form 990$2,703,111
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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 2

There are two board members who lead organizations that are client's of edfuel's. The national equity project have hired and compensated edfuel as a consultant.

Form 990, Part VI, Section A, Line 2

The edfuel board of directors is regularly informed of contracts with interested parties. Emmile brack, an edfuel board member, serves as the national equity project chief operating officer. The national equity project compensated edfuel as a consultant. These transactions were disclosed to the board of directors.

Form 990, Part VI, Section B, Line 11B

The organization used a comprehensive review process to review the form 990 prior to submission. An independent cpa firm prepared the form 990. The board of directors review the form 990 and recommend any changes prior to filing.

Form 990, Part VI, Section B, Line 12C

The governing board shall review each member's disclosure statement and any other submitted disclosures for each principal officer, board member or committee member with governing powers. After an interested person discloses a potential conflict of interest and after any discussion with the interested party, the board member shall leave the governing board or committee meeting as needed while the determination of a conflict of interest is discussed and voted upon. The remaining board members shall decide if a potential or real conflict of interest exists.

Form 990, Part VI, Section B, Line 15

The organization uses market comparables to determine compensation for full time staff members.

Form 990, Part VI, Section C, Line 19

Financial documents will be provided upon request.

Filing and Contact Details

Filer

Filer Name
Edfuel
EIN
46-2975017
Phone
3103097234
Address
300 NEW JERSEY AVE NW 900, WASHINGTON, DC 20001

Signing Officer

Name
Kerri-ann Nesbeth
Title
Managing Partner
Phone
3103097234
Signed
2024-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerri-ann Nesbeth
Formed
2013
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
7
Employees
13
Volunteers
7

Preparer

Firm
Sb & Company LLC
Address
10200 GRAND CENTRAL AVE SUITE 250, OWINGS MILLS, MD 21117
Preparer
Tiana Wynn
Phone
4105840060
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

Process has not changed since prior year.

Financial Statement Notes

PART X, LINE 2:

Edfuel is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and is recognized as such by the internal revenue service. The provision included in accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. Edfuel performed an evaluation of uncertain tax positions as of december 31, 2023 and 2022, and determined that there were no matters that would require recognition in the financial statements or which may have any effect on its tax-exempt status. As of december 31, 2023, the statute of limitations for fiscal years 2020 through 2023 remains open with the u.s. Federal jurisdiction or the various states and local jurisdictions in which edfuel files tax returns. It is edfuel's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

OTHER EXPENSES

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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EDFUEL'S MISSION IS TO ATTRACT, DEVELOP, AND RETAIN THE NEXT GENERATION OF LEADERS TO THE RAPIDLY EVOLVING K-12 EDUCATION SECTOR.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01325148
IRS990/NetAssetsOrFundBalancesEOYAmt01629886
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01096534
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01172501
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt04
IRS990/OccupancyGrp/ManagementAndGeneralAmt0294
IRS990/OccupancyGrp/ProgramServicesAmt0624
IRS990/OccupancyGrp/TotalAmt0922
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020443
IRS990/OfficeExpensesGrp/ProgramServicesAmt026184
IRS990/OfficeExpensesGrp/TotalAmt046627
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0553
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt041814
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt088855
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0131222
IRS990/OtherExpensesGrp/Desc0OTHER PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc2SUBCONTRACTOR
IRS990/OtherExpensesGrp/FundraisingAmt09
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt084001
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15204
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22958
IRS990/OtherExpensesGrp/ProgramServicesAmt0281222
IRS990/OtherExpensesGrp/ProgramServicesAmt127369
IRS990/OtherExpensesGrp/ProgramServicesAmt29902
IRS990/OtherExpensesGrp/TotalAmt0365223
IRS990/OtherExpensesGrp/TotalAmt132582
IRS990/OtherExpensesGrp/TotalAmt212860
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04952
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0373021
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0788955
IRS990/OtherSalariesAndWagesGrp/TotalAmt01166928
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt011236
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt070146
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0581
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt043920
IRS990/PayrollTaxesGrp/ProgramServicesAmt093330
IRS990/PayrollTaxesGrp/TotalAmt0137831
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03941
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05795
IRS990/PrincipalOfficerNm0KERRI-ANN NESBETH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0COMPENSATION DESIGN
IRS990/ProgramServiceRevenueGrp/Desc1TALENT MANAGEMENT SUPP
IRS990/ProgramServiceRevenueGrp/Desc2TALENT COHORTS
IRS990/ProgramServiceRevenueGrp/Desc3COACHING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01139896
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1717760
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2318543
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt333353
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01139896
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1717760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2318543
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt333353
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0518000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01957
IRS990/PYOtherExpensesAmt0501873
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01701213
IRS990/PYRevenuesLessExpensesAmt0239072
IRS990/PYSalariesCompEmpBnftPaidAmt01480225
IRS990/PYTotalExpensesAmt01982098
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02221170
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0304738
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02209552
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0769189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0518000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0179066
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0457947
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01926592
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029108
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01957
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0141
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0141
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0223
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt031570
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0141
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0141
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98380
IRS990ScheduleA/PublicSupportPY170Pct00.99810
IRS990ScheduleA/PublicSupportTotal170Amt01926592
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0769189
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0518000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02390
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0179066
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0457947
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01926592
IRS990ScheduleA/TotalSupportAmt01958303
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt06897
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035850
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042747
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02703111
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt087419
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt087419
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03007849
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EDFUEL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE. THE PROVISION INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. EDFUEL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2023, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2020 THROUGH 2023 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH EDFUEL FILES TAX RETURNS. IT IS EDFUEL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1OTHER EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt094316
IRS990ScheduleD/TotalExpensesPerForm990Amt02703111
IRS990ScheduleD/TotalRevenuePerForm990Amt03007849
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03007849
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02703111
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0181509
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1173511
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2136573
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount015967
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount113156
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.27$1.09$1.73$2.27$0.54
2023Detailed filing. Detailed filing data is available for this year.$2.04$0.41$1.63$3.01$2.70$0.30
2023Summary only. Only limited summary data is available for this year.$2.04$0.41$1.63$3.01$2.70$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.29$1.33$2.22$1.98$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.19$1.09$1.74$1.59$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.11$0.94$1.52$1.27$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.09$0.69$1.39$1.10$0.29
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.09$0.40$1.13$1.04$0.08
2017Summary only. Only limited summary data is available for this year.$0.52$0.21$0.31$1.35$1.94$0.59
2016Summary only. Only limited summary data is available for this year.$1.05$0.14$0.90$1.47$1.22$0.25
2015Summary only. Only limited summary data is available for this year.$0.73$0.08$0.65$0.86$1.02$0.17
2014Summary only. Only limited summary data is available for this year.$0.85$0.03$0.82$1.14$0.55$0.59
2013Summary only. Only limited summary data is available for this year.$0.31$0.09$0.23$0.56$0.33$0.23