Civic Intelligence

Power the Future Inc

990 • Fiscal year 2020 • EIN 82-2785231

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

138 Conant St No 201Beverly, MA 01915

(617) 303-6826

Siviq Scores

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

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Net Margin

16th percentile

-14%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$205,584

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 15.3% of source-year revenue.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Asset Growth

4th percentile

-26%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-37%

Faster revenue growth than 11% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$544,814

Down $191,705 (-26%) from 2019

Net Assets

Down

$539,814

Down $192,218 (-26%) from 2019

Liabilities

Up

$5,000

Up $513 (+11%) from 2019

Revenue

Down

$1,342,898

Down $787,693 (-37%) from 2019

Expenses

Down

$1,535,116

Down $410,067 (-21%) from 2019

Net Income

Down

-$192,218

Down $377,626 (-204%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2017: $145,562Liabilities 2017: $0Net Assets 2017: $145,5622017Assets 2018: $546,624Liabilities 2018: $0Net Assets 2018: $546,6242018Assets 2019: $736,519Liabilities 2019: $4,487Net Assets 2019: $732,0322019Assets 2020: $544,814Liabilities 2020: $5,000Net Assets 2020: $539,8142020Assets 2021: $454,363Liabilities 2021: $49,000Net Assets 2021: $405,3632021Assets 2022: $198,788Liabilities 2022: $26,099Net Assets 2022: $172,6892022Assets 2023: $320,094Liabilities 2023: $10,500Net Assets 2023: $309,5942023Assets 2024: $592,769Liabilities 2024: $19,421Net Assets 2024: $573,3482024

Highlighted filing

2020

Assets$544,814
Liabilities$5,000
Net Assets$539,814

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $250,000Expenses 2017: $104,438Net Income 2017: $145,5622017Revenue 2018: $2,080,392Expenses 2018: $1,679,330Net Income 2018: $401,0622018Revenue 2019: $2,130,591Expenses 2019: $1,945,183Net Income 2019: $185,4082019Revenue 2020: $1,342,898Expenses 2020: $1,535,116Net Income 2020: -$192,2182020Revenue 2021: $1,879,669Expenses 2021: $2,014,120Net Income 2021: -$134,4512021Revenue 2022: $1,809,549Expenses 2022: $2,042,223Net Income 2022: -$232,6742022Revenue 2023: $2,255,730Expenses 2023: $2,118,825Net Income 2023: $136,9052023Revenue 2024: $2,510,373Expenses 2024: $2,246,619Net Income 2024: $263,7542024

Highlighted filing

2020

Revenue$1,342,898
Expenses$1,535,116
Net Income-$192,218
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$1,342,898
Mission and Program Overview

Mission

Power the future has the mission of offering facts and research to enrich the national conversation on energy, through engagement at the local level and interaction with the media. We highlight the truth about energy while unmasking agendas, exposing hypocrisy, and striving to reduce hyperbole in the debate about energy. Our work is dedicated to the men and women who "power the future" through their hard work, sweat, and grit. Every time we turn on a light or start up our car, whether consciously or not, we are acknowledging their labor and saying thank you.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$736,519$544,814▼ $191,705
Rtn Earn Endowment Incm Other Fnds$732,032$539,814▼ $192,218
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$736,519$544,814▼ $191,705
Liabilities
Accounts Payable and Accrued Expenses$4,487$5,000▲ $513
Total Liabilities$4,487$5,000▲ $513
Net Assets / Fund Balance
Total Net Assets Fund Balance$732,032$539,814▼ $192,218
Total Liabilities and Net Assets / Fund Balance$736,519$544,814▼ $191,705
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel TurnerExecutive Director/directorFT$200,000$5,584$205,584
Richard Whitback JrAlaska State DirectorFT$132,500$17,016$149,516
Laurence BehrensNew Mexico State DirectorFT$130,000$17,016$147,016

Board Members and Trustees

NameTitle
Jared LelandDirector
Robert TurnerDirector
Charles GanttTreasurer/director

Highest Paid Contractors

ContractorServicesLocationCompensation
Cgcn GroupDigital Advertising And Consulting, Soci1101 K STREET NW SUITE 800, Washington, DC 20005$350,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,342,898
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,342,898
Change in Net Assets
$-192,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$961,110
Salaries, Compensation, and Employee Benefits$544,006
Total Fundraising Expense$30,072
Professional Fundraising Fees$30,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$412,250$49,817-$462,067
Other Salaries and Wages$201,871$61,958-$263,829
Current Officers, Directors, Trustees, and Key Employees$157,304$48,280-$205,584
Information Technology$59,946$69-$60,015
All Other Expenses$42,849$5,698$72$48,619
Other Expenses$44,152--$44,152
Payroll Taxes$29,283$8,988-$38,271
Other Employee Benefits$27,792$8,530-$36,322
Fees for Services Professional Fundraising--$30,000$30,000
Travel$27,048--$27,048
Fees for Services Legal-$23,544-$23,544
Occupancy-$15,041-$15,041
Conferences and Meetings$2,210--$2,210
Advertising$1,566--$1,566
Office Expenses-$1,335-$1,335
Insurance-$1,319-$1,319
Total Functional Expenses$1,280,465$224,579$30,072$1,535,116
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$30,000
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The draft 990 will be reviewed by the organization's legal counsel and officer.

Form 990, Part VI, Section B, Line 15A

Power the future salaries are negotiated before an employee joins the organization. The main factors include experience and knowledge of the energy space, experience and knowledge of the non-profit space, understanding of the use of a c4 structure to educate stakeholders on key issues, and experience networking with key leaders at the state level to form strategic partnerships. The salary decision is made by members of the board.

Form 990, Part VI, Section C, Line 18

UPON REQUEST

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Power the Future Inc
EIN
82-2785231
Phone
6173036826
Address
138 CONANT ST NO 201, BEVERLY, MA 01915

Signing Officer

Name
Charles Gantt
Title
Treasurer
Phone
6173036826
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Gantt
Formed
2017
Legal Domicile
De
Voting Board Members
4
Independent Board Members
3
Employees
3
Volunteers
3

Preparer

Firm
Atchley & Associates Llp
Address
1005 LA POSADA DRIVE, AUSTIN, TX 78752
Preparer
Renae Duncan
Phone
5123462086
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Digital consulting: program service expenses 42,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 42,250. Compliance consulting: program service expenses 0. Management and general expenses 49,817. Fundraising expenses 0. Total expenses 49,817. Comms consultant: program service expenses 20,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,000. Strategic communications: program service expenses 350,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 350,000.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0888 17TH ST NW STE 810
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd020006
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/TotalRetainedByContractorsAmt030000
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0200000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05584
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANIEL TURNER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0205584
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT 990 WILL BE REVIEWED BY THE ORGANIZATION'S LEGAL COUNSEL AND OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1POWER THE FUTURE SALARIES ARE NEGOTIATED BEFORE AN EMPLOYEE JOINS THE ORGANIZATION. THE MAIN FACTORS INCLUDE EXPERIENCE AND KNOWLEDGE OF THE ENERGY SPACE, EXPERIENCE AND KNOWLEDGE OF THE NON-PROFIT SPACE, UNDERSTANDING OF THE USE OF A C4 STRUCTURE TO EDUCATE STAKEHOLDERS ON KEY ISSUES, AND EXPERIENCE NETWORKING WITH KEY LEADERS AT THE STATE LEVEL TO FORM STRATEGIC PARTNERSHIPS. THE SALARY DECISION IS MADE BY MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DIGITAL CONSULTING: PROGRAM SERVICE EXPENSES 42,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,250. COMPLIANCE CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 49,817. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,817. COMMS CONSULTANT: PROGRAM SERVICE EXPENSES 20,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,000. STRATEGIC COMMUNICATIONS: PROGRAM SERVICE EXPENSES 350,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 350,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0736519
IRS990/TotalAssetsEOYAmt0544814
IRS990/TotalAssetsGrp/BOYAmt0736519
IRS990/TotalAssetsGrp/EOYAmt0544814
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01342898
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt030072
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0224579
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01280465
IRS990/TotalFunctionalExpensesGrp/TotalAmt01535116
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04487
IRS990/TotalLiabilitiesEOYAmt05000
IRS990/TotalLiabilitiesGrp/BOYAmt04487
IRS990/TotalLiabilitiesGrp/EOYAmt05000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0732032
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0539814
IRS990/TotalOtherCompensationAmt039616
IRS990/TotalProgramServiceExpensesAmt01280465
IRS990/TotalReportableCompFromOrgAmt0462500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01342898
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0736519
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0544814
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt027048
IRS990/TravelGrp/TotalAmt027048
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0138 CONANT ST NO 201
IRS990/USAddress/CityNm0BEVERLY
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001915
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.POWERTHEFUTURE.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES GANTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06173036826
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POWER THE FUTURE INC
ReturnHeader/Filer/BusinessNameControlTxt0POWE
ReturnHeader/Filer/EIN0822785231
ReturnHeader/Filer/PhoneNum06173036826
ReturnHeader/Filer/USAddress/AddressLine1Txt0138 CONANT ST NO 201
ReturnHeader/Filer/USAddress/CityNm0BEVERLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001915
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742920819
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ATCHLEY & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01005 LA POSADA DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078752
ReturnHeader/PreparerPersonGrp/PhoneNum05123462086
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RENAE DUNCAN
ReturnHeader/ReturnTs02021-11-12T15:51:09-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHARLES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GANTT
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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