Civic Intelligence

Southern Alliance for Clean Energy

EIN 58-1620669 • 501(c)3 • Knoxville, TN

Profile

Southern alliance for clean energy is a not-for-profit, non-partisan organization working to promote responsible energy choices that solve climate change problems and ensure clean, safe and healthy communities throughout the southeast.

P O Box 1842Knoxville, TN 37901

www.cleanenergy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

82nd percentile

32%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

75th percentile

$285,489

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

84th percentile

22%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

18%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$11,035,469

Up $2,003,032 (+22%) from 2023

Liabilities

Up

$168,856

Up $66,897 (+66%) from 2023

Net Assets

Up

$10,866,613

Up $1,936,135 (+22%) from 2023

Revenue

Up

$5,440,502

Up $825,037 (+18%) from 2023

Expenses

Up

$3,703,206

Up $432,903 (+13%) from 2023

Net Income

Up

$1,737,296

Up $392,134 (+29%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $1,923,404Liabilities 2010: $192,882Net Assets 2010: $1,730,5222010Assets 2011: $2,934,997Liabilities 2011: $305,826Net Assets 2011: $2,629,1712011Assets 2012: $3,349,484Liabilities 2012: $175,075Net Assets 2012: $3,174,4092012Assets 2013: $3,532,826Liabilities 2013: $112,235Net Assets 2013: $3,420,5912013Assets 2014: $5,283,202Liabilities 2014: $116,129Net Assets 2014: $5,167,0732014Assets 2015: $5,353,811Liabilities 2015: $126,580Net Assets 2015: $5,227,2312015Assets 2016: $5,167,354Liabilities 2016: $203,996Net Assets 2016: $4,963,3582016Assets 2017: $6,670,354Liabilities 2017: $149,333Net Assets 2017: $6,521,0212017Assets 2018: $6,747,609Liabilities 2018: $187,981Net Assets 2018: $6,559,6282018Assets 2019: $5,205,013Liabilities 2019: $151,114Net Assets 2019: $5,053,8992019Assets 2020: $6,908,670Liabilities 2020: $634,081Net Assets 2020: $6,274,5892020Assets 2021: $8,898,789Liabilities 2021: $478,787Net Assets 2021: $8,420,0022021Assets 2022: $6,812,180Liabilities 2022: $140,131Net Assets 2022: $6,672,0492022Assets 2023: $9,032,437Liabilities 2023: $101,959Net Assets 2023: $8,930,4782023Assets 2024: $11,035,469Liabilities 2024: $168,856Net Assets 2024: $10,866,6132024

Highlighted filing

2024

Assets$11,035,469
Liabilities$168,856
Net Assets$10,866,613

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $3,399,1602010Expenses 2011: $3,314,1602011Expenses 2012: $2,757,3862012Revenue 2013: $3,160,145Expenses 2013: $2,938,571Net Income 2013: $221,5742013Revenue 2014: $6,738,465Expenses 2014: $4,952,096Net Income 2014: $1,786,3692014Revenue 2015: $3,987,952Expenses 2015: $3,897,014Net Income 2015: $90,9382015Revenue 2016: $2,989,979Expenses 2016: $3,370,754Net Income 2016: -$380,7752016Revenue 2017: $5,264,833Expenses 2017: $3,746,685Net Income 2017: $1,518,1482017Revenue 2018: $5,024,926Expenses 2018: $4,936,962Net Income 2018: $87,9642018Revenue 2019: $2,657,737Expenses 2019: $4,465,080Net Income 2019: -$1,807,3432019Revenue 2020: $3,409,035Expenses 2020: $3,612,766Net Income 2020: -$203,7312020Revenue 2021: $4,579,602Expenses 2021: $3,499,274Net Income 2021: $1,080,3282021Revenue 2022: $4,219,237Expenses 2022: $3,402,173Net Income 2022: $817,0642022Revenue 2023: $4,615,465Expenses 2023: $3,270,303Net Income 2023: $1,345,1622023Revenue 2024: $5,440,502Expenses 2024: $3,703,206Net Income 2024: $1,737,2962024

Highlighted filing

2024

Revenue$5,440,502
Expenses$3,703,206
Net Income$1,737,296

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$0.17$10.9$5.44$3.70$1.74
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.03$0.10$8.93$4.62$3.27$1.35
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.81$0.14$6.67$4.22$3.40$0.82
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.90$0.48$8.42$4.58$3.50$1.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.91$0.63$6.27$3.41$3.61$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.21$0.15$5.05$2.66$4.47$1.81
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.75$0.19$6.56$5.02$4.94$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.67$0.15$6.52$5.26$3.75$1.52
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.17$0.20$4.96$2.99$3.37$0.38
2015Detailed filing. Detailed filing data is available for this year.$5.35$0.13$5.23$3.99$3.90$0.09
2014Detailed filing. Detailed filing data is available for this year.$5.28$0.12$5.17$6.74$4.95$1.79
2013Detailed filing. Detailed filing data is available for this year.$3.53$0.11$3.42$3.16$2.94$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.18$3.17$2.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.31$2.63$3.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.19$1.73$3.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 24, 2025
Return Version
2024v5.0
Gross Receipts
$7,608,057
Mission and Program Overview

Mission

Southern alliance for clean energy is a not-for-profit, non-partisan organization working to promote responsible energy choices that solve climate change problems and ensure clean, safe and healthy communities throughout the southeast.

The southern alliance for clean energy promotes responsible energy choices to ensure clean, safe and healthy communities throughout the southeast.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,193,466$9,032,391▲ $1,838,925
Land, Buildings, and Equipment, Net$791,665$467,479▼ $324,186
Cash and Non-Interest-Bearing Accounts$238,067$312,384▲ $74,317
Prepaid Expenses and Deferred Charges$220,409$211,725▼ $8,684
Savings and Temporary Cash Investments$437,060$182,904▼ $254,156
Pledges and Grants Receivable$56,909$105,404▲ $48,495
Total Assets$9,032,436$11,035,469▲ $2,003,033
Other Assets Total$94,860$723,182▲ $628,322
Liabilities
Accounts Payable and Accrued Expenses$101,959$168,856▲ $66,897
Total Liabilities$101,959$168,856▲ $66,897
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,199,759$10,837,264▲ $2,637,505
Net Assets With Donor Restrictions$730,718$29,349▼ $701,369
Total Net Assets Fund Balance$8,930,477$10,866,613▲ $1,936,136
Total Liabilities and Net Assets / Fund Balance$9,032,436$11,035,469▲ $2,003,033

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$126,035$498,813$624,848
Buildings$326,132-$326,132
Leasehold Improvements$9,577$76,608$86,185
Equipment$5,735$75,916$81,651
Other Assets Org$400--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen SmithExecutive DiFT$233,238$50,584$270,639

Board Members and Trustees

NameTitle
E Leon Jacobs JrPresident
Gary a DavisBoard Member
James R Bob FreemanBoard Member
John NoelBoard Member
Pearl Eva WalkerBoard Member
Enid E SisskinSecretary
Patricia San PedroVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$4,159,993
Program Service Revenue
$0
Investment Income
$1,280,509
Other Revenue
$0
All Other Contributions
$4,159,993
Change in Net Assets
$1,737,296

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,440,502
Total Revenue per Audited Statements
$5,440,502
Total Revenue per Form 990
$5,440,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,341,023
Other Expenses$972,183
Grants and Similar Amounts Paid$390,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,699,574$408,211-$2,107,785
Grants to Domestic Orgs$390,000--$390,000
Fees for Services Other$312,414$14,570-$326,984
Current Officers, Directors, Trustees, and Key Employees$233,238--$233,238
Depreciation Depletion-$103,883-$103,883
Travel$78,071$13,105-$91,176
Fees for Services Legal$73,747$3,881-$77,628
All Other Expenses$-46,686$101,509-$54,823
Insurance$38,763$7,384-$46,147
Other Expenses$27,418$229-$27,647
Occupancy$22,478$3,651-$26,129
Advertising$10,852--$10,852
Fees for Services Accounting$9,500$500-$10,000
Total Functional Expenses$3,016,505$686,701$0$3,703,206

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,703,206
Total Expenses per Audited Statements$3,703,206
Total Expenses per Form 990$3,703,206
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sace Action FundKnoxville, TN501(c)Influence Clean Ener$300,000
EvhybridnoireAtlanta, GA501(c)Influence Clean Ener$35,000
Appalachain VoicesCharlottesville, VA501(c)Influence Clean Ener$30,000
Southeast Sustainability DirectorsSanford, NC501(c)Influence Clean Ener$25,000
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Pearl WalkerOwned by Exec DAir TransportationNo$29,008
-Board MemberConsultingNo$24,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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, Page 6, Part VI, Line 7A

YES

Form 990, Page 6, Part VI, Line 10B

Policies for branch offices same for knoxville office.

Form 990, Page 6, Part VI, Line 11B

The form 990 is presented to the board and reviewed before filing.

Form 990, Page 6, Part VI, Line 12C

No employee of sace shall maintain an outside business or financial interest, or engage in any outside business or financial activity, which conflicts with the interest of the organization, or which interferes with his or her ability to fully perform job responsibilities. Violation of this policy will result in immediate dismissal.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Southern Alliance for Clean Energy
EIN
58-1620669
Phone
8656376055
Address
P O BOX 1842, KNOXVILLE, TN 37901

Signing Officer

Name
Stephen Smith
Title
Executive Di
Phone
8656376055
Signed
2025-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Smith
Formed
1985
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
27
Volunteers
6

Preparer

Firm
Craine Thompson & Jones Pc
Address
225 W FIRST NORTH ST, MORRISTOWN, TN 37814
Preparer
Roy J Byrd Ea
Phone
4235867650
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Clean energy sace published the 7th edition of our solar in the southeast report in july 2024. We also published the 5th annual transportation electrification in the southeast in october 2024, in partnership with atlas public policy, to track and contextualize the southeasts ev market. These annually- published reports track market, utility, and public policy trends across the region impacting the advancement (or stalls in progress, when appropriate) of clean energy. Through these annual reports, sace ranks the performance of our region's utilities in comparison with their regional and national peers. These key annual reports prove to be immensely valuable tools when we appear before utilities and regulators, as well as in our advocacy for smart public policy. Throughout 2024, sace continued our "electrify the south collaborative" program by hosting 3 virtual ets events focused on wide ranging topics; and worked to plan and execute our second in person event (in february 2025).

Form 990, Page 2, Part III, Line 4B

Climate to raise awareness about how clean energy improves lives, and to build bridges across political and social differences here in our diverse region, sace and our partners ssdn and generation180 have developed energy for all yall, a new campaign highlighting clean energy successes, inspiring action, and demonstrating why clean energy is good for communities and residents throughout our region. Efay has already created an arsenal of true success stories showing that our families are healthier, our pockets are fuller, and our air is cleaner when we make the switch to rely on cleaner sources of energy. Since launching the project in june 2024, we have published ~40 stories within our initial two-state focus (samples here: https://www.energyforallyall.org/stories), and have widely shared them via social and traditional media, achieving 500+ million media impressions. Sace's clean energy generation continued to hold monthly calls, distribute monthly newsletters, and invite our members from around the region to take action to support clean energy policy. Through the clean energy generation campaign, we have worked with our members to share stories and perspectives about taking action for climate and clean energy and have shared many action opportunities such as petitions, call-in days, and events.

Form 990, Page 2, Part III, Line 4D

The southern alliance for clean energy promotes responsible energy choices to ensure clean, safe and healthy communities throughout the southeast.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has been classified as an other-than-private foundation and is tax-exempt under section 501(c)(3) of the internal revenue code. The organization is subject to a tax on income from any unrelated business. The organization has adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The organization has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. The organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the organization's financial condition, results of operations, or cash flows. Accordingly, the organization has not recorded any reserves, or related accruals, for interest and penalties for uncertain income tax positions at december 31, 2024. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization believes it is no longer subject to income tax examinations for years prior to 2021. The organization's policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.

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IRS990/ActivityOrMissionDesc0THE SOUTHERN ALLIANCE FOR CLEAN ENERGY PROMOTES RESPONSIBLE ENERGY CHOICES TO ENSURE CLEAN, SAFE AND HEALTHY COMMUNITIES THROUGHOUT THE SOUTHEAST.
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IRS990/Desc0CLEAN ENERGY SACE PUBLISHED THE 7TH EDITION OF OUR SOLAR IN THE SOUTHEAST REPORT IN JULY 2024. WE ALSO PUBLISHED THE 5TH ANNUAL TRANSPORTATION ELECTRIFICATION IN THE SOUTHEAST IN OCTOBER 2024, IN PARTNERSHIP WITH ATLAS PUBLIC POLICY, TO TRACK AND CONTEXTUALIZE THE SOUTHEASTS EV MARKET. THESE ANNUALLY- PUBLISHED REPORTS TRACK MARKET, UTILITY, AND PUBLIC POLICY TRENDS ACROSS THE REGION IMPACTING THE ADVANCEMENT (OR STALLS IN PROGRESS, WHEN APPROPRIATE) OF CLEAN ENERGY. THROUGH THESE ANNUAL REPORTS, SACE RANKS THE PERFORMANCE OF OUR REGION'S UTILITIES IN COMPARISON WITH THEIR REGIONAL AND NATIONAL PEERS. THESE KEY ANNUAL REPORTS PROVE TO BE IMMENSELY VALUABLE TOOLS WHEN WE APPEAR BEFORE UTILITIES AND REGULATORS, AS WELL AS IN OUR ADVOCACY FOR SMART PUBLIC POLICY. THROUGHOUT 2024, SACE CONTINUED OUR "ELECTRIFY THE SOUTH COLLABORATIVE" PROGRAM BY HOSTING 3 VIRTUAL ETS EVENTS FOCUSED ON WIDE RANGING TOPICS; AND WORKED TO PLAN AND EXECUTE OUR SECOND IN PERSON EVENT (IN FEBRUARY 2025).
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IRS990/MissionDesc0THE SOUTHERN ALLIANCE FOR CLEAN ENERGY PROMOTES RESPONSIBLE ENERGY CHOICES TO ENSURE CLEAN, SAFE AND HEALTHY COMMUNITIES THROUGHOUT THE SOUTHEAST.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CLIMATE TO RAISE AWARENESS ABOUT HOW CLEAN ENERGY IMPROVES LIVES, AND TO BUILD BRIDGES ACROSS POLITICAL AND SOCIAL DIFFERENCES HERE IN OUR DIVERSE REGION, SACE AND OUR PARTNERS SSDN AND GENERATION180 HAVE DEVELOPED ENERGY FOR ALL YALL, A NEW CAMPAIGN HIGHLIGHTING CLEAN ENERGY SUCCESSES, INSPIRING ACTION, AND DEMONSTRATING WHY CLEAN ENERGY IS GOOD FOR COMMUNITIES AND RESIDENTS THROUGHOUT OUR REGION. EFAY HAS ALREADY CREATED AN ARSENAL OF TRUE SUCCESS STORIES SHOWING THAT OUR FAMILIES ARE HEALTHIER, OUR POCKETS ARE FULLER, AND OUR AIR IS CLEANER WHEN WE MAKE THE SWITCH TO RELY ON CLEANER SOURCES OF ENERGY. SINCE LAUNCHING THE PROJECT IN JUNE 2024, WE HAVE PUBLISHED ~40 STORIES WITHIN OUR INITIAL TWO-STATE FOCUS (SAMPLES HERE: HTTPS://WWW.ENERGYFORALLYALL.ORG/STORIES), AND HAVE WIDELY SHARED THEM VIA SOCIAL AND TRADITIONAL MEDIA, ACHIEVING 500+ MILLION MEDIA IMPRESSIONS. SACE'S CLEAN ENERGY GENERATION CONTINUED TO HOLD MONTHLY CALLS, DISTRIBUTE MONTHLY NEWSLETTERS, AND INVITE OUR MEMBERS FROM AROUND THE REGION TO TAKE ACTION TO SUPPORT CLEAN ENERGY POLICY. THROUGH THE CLEAN ENERGY GENERATION CAMPAIGN, WE HAVE WORKED WITH OUR MEMBERS TO SHARE STORIES AND PERSPECTIVES ABOUT TAKING ACTION FOR CLIMATE AND CLEAN ENERGY AND HAVE SHARED MANY ACTION OPPORTUNITIES SUCH AS PETITIONS, CALL-IN DAYS, AND EVENTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ENERGY EFFICIENCY IN 2024 SACE CONTINUED INTERVENTION AT FEECA (FLORIDA ENERGY EFFICIENCY & CONSERVATION ASSOCIATION) TO PROMOTE UTILITY ENERGY EFFICIENCY PROGRAMS, AND IN OUR SETTLEMENT WE ACHIEVED INCREASED FUNDING FOR LOW-INCOME ENERGY EFFICIENCY PROGRAMS AT MULTIPLE UTILITIES IN FLORIDA. OUR INTERVENTION IN DUKE ENERGY'S NORTH CAROLINA 2024 CARBON PLAN INTEGRATED RESOURCE PLAN PROCESS ALSO SUPPORTED THE COMMISSION ORDERING DUKE TO ADOPT AN ENERGY EFFICIENCY TARGET OF 1% OF ELIGIBLE SALES, WHICH MANY OF OUR REGION'S UTILITIES DO NOT HAVE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE SOUTHERN ALLIANCE FOR CLEAN ENERGY PROMOTES RESPONSIBLE ENERGY CHOICES TO ENSURE CLEAN, SAFE AND HEALTHY COMMUNITIES THROUGHOUT THE SOUTHEAST.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS BEEN CLASSIFIED AS AN OTHER-THAN-PRIVATE FOUNDATION AND IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS SUBJECT TO A TAX ON INCOME FROM ANY UNRELATED BUSINESS. THE ORGANIZATION HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS, FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2024. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. THE ORGANIZATION'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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