Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2020.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
17 people listed on the 990; $3.3M paid to officers and key staff.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Ensures the Western electric grid reliably delivers power.
This section is blank until Peak Reliability claims this page.
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Peak reliability's coordination offices provided situational awareness and real-time monitoring of the reliability coordinator area within the western interconnection prior to liquidation in the current year.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $28.0M | $0 |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $0 | |
| Total assetsLn 16 | $28.7M | $0 |
| LiabilitiesLn 26 | $2.2M | $0 |
| Net assetsLn 32 | $26.5M | $0 |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $4.1M | $4.1M | ||
| Pay of current officers, directors and key staffLn 5 | $2.6M | $1.9M | $757K | |
| Other salaries and wagesLn 7 | $4.3M | $4.3M | ||
| Other employee benefitsLn 9 | $2K | $2K | $415 | |
| Payroll taxesLn 10 | $550K | $489K | $61K | |
| Legal feesLn 11b | $24K | $2K | $23K | |
| Accounting feesLn 11c | $53K | $53K | ||
| Other fees for servicesLn 11g | $1.3M | −$4K | $1.3M | |
| Office expensesLn 13 | $140K | $12K | $128K | |
| Information technologyLn 14 | $257K | $234K | $23K | |
| OccupancyLn 16 | $12K | $12K | ||
| Conferences, conventions and meetingsLn 19 | $5K | $5K | ||
| InsuranceLn 23 | $67K | $67K | ||
| Other expenses (24a–d)Ln 24 | $13.1M | $13.0M | $65K | |
| Total functional expensesLn 25 | $26.5M | $24.0M | $2.5M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2020 Latest Viewing | $48K | $26.5M | −$26.5M | $0 | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $48,178 across 3 lines filed
Part IX · Statement of functional expenses $26,527,559 across 14 lines filed
Part X · Balance sheet $0 assets, 18 lines filed
Part XI · Reconciliation of net assets $0 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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