Clearpath Action for Conservative Clean Energy INC FY2020 filing

Charlotte, NCUnknown exempt organizationSince 2016EIN 81-1363692Revenue $5.4M in FY2020

On file with the IRSclearpathaction.org1355 Greenwood Cliff Rd 400 · Charlotte, NC

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Clearpath Action advocates for more Clean Energy innovation, modernized permitting and regulatory reform, america's global competitiveness for manufacturing, and unlocking more american resources.

65¢ of each $1 spent went to programs.
$16K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $1.1M a year · 17% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
65%
of spending
Fine: 65% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$16K
to officers and key staff · 0.6% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 13.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $250K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$30K
1.0% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.4M
Spent
$2.8M
To programs
65%
Net assets
$3.2M
By yearFY2020–FY2025
Revenue
$5.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$5.4M
FY2021$2.6M
FY2022$3.5M
FY2023$4.3M
FY2024$5.5M
FY2025$16.4M
Expenses
$2.8M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.8M
FY2021$2.6M
FY2022$4.0M
FY2023$3.9M
FY2024$4.5M
FY2025$13.4M
Net assets
$3.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.2M
FY2021$3.2M
FY2022$2.7M
FY2023$3.0M
FY2024$4.0M
FY2025$7.1M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $1.8M Management & general 34% · $941K Fundraising 1% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $16K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chairman and President
$15,846Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jay W Faison$11,294$12,638$13,816$14,402$15,129$15,846

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Clearpath Action for Conservative Clean Energy INC executive salaries →

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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 15aNo

Programs and updates

Drives innovation and adoption of conservative clean energy technologies.

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Provided by the organization

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1 program · $1.8M · in their own filed words · FY2020
01

To advance the mission, clearpath action develops cutting-edge policy and messaging and works with policymakers and industry.

$1.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
IncaendoFY2025$250K
Total grants receivedfrom 1 funder$250K
Grants paid · 22 grants · $10.2M · 2020–2025
Clearpath Action Fund INCFY2025$4,000,000
Conservative Majority ProjectVA · FY2025$1,000,000
American Jobs and SecurityVA · FY2025$750,000
Stronger America INCVA · FY2025$300,000
American VoiceAL · FY2025$300,000
Rainey Center Freedom ProjectDC · FY2025$300,000
Take Me Home WV INCFY2025$250,000
One NationVA · FY2025$250,000
Endless Frontier Innovation Funds INCFY2025$200,000
Senate Opportunity FundWY · FY2025$150,000
Conservatives for AmericaMD · FY2025$100,000
Brighter Future AllianceND · FY2025$100,000
Clearpath Action Fund INCFY2024$375,000
Senate Opportunity FundWY · FY2024$25,000
Clearpath Action Fund INCFY2023$450,000
See all 22 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$5.4M
Ln 12
Gifts and grantsLn 1h$5.4M
Investment incomeLn 3$126
Money outPt IX
$2.8M
Ln 25
Programscol B$1.8M
Managementcol C$941K
Fundraisingcol D$27K
Owns and owesPt X
$3.2M
net assets · Ln 32
Cash and savingsLn 1–2$3.1M
Total assetsLn 16$3.2M
LiabilitiesLn 26$30K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.4M
Investment incomeLn 3$126
Total revenueLn 12$5.4M
Assets in detailPt X, end of year
CashLn 1$3.1M
Cash and savings togetherLn 1–2$3.1M
Total assetsLn 16$3.2M
LiabilitiesLn 26$30K
Net assetsLn 32$3.2M
OperationsPt I, VI
EmployeesI 51
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$607K$3.1M
Total assetsLn 16$672K$3.2M
LiabilitiesLn 26$140K$30K
Net assetsLn 32$531K$3.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Pay of current officers, directors and key staffLn 5$35K$28K$5K$2K
Other salaries and wagesLn 7$467K$373K$70K$23K
Payroll taxesLn 10$2K$2K$287$96
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$31K$31K
Lobbying feesLn 11d$956K$956K
Other fees for servicesLn 11g$122K$122K
Advertising and promotionLn 12$115K$115K
Office expensesLn 13$82$82
Information technologyLn 14$12K$11K$1K
OccupancyLn 16$30K$24K$5K$2K
TravelLn 17$17K$15K$2K
Conferences, conventions and meetingsLn 19$10K$9K$1K
Other expenses (24a–d)Ln 24$974K$149K$825K$53
All other expensesLn 24e$88$88
Total functional expensesLn 25$2.8M$1.8M$941K$27K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $16.4M$13.4M$3.0M$7.1M 990 PDF
FY2024 $5.5M$4.5M$1.0M$4.0M 990 PDF
FY2023 $4.3M$3.9M$345K$3.0M 990 PDF
FY2022 $3.5M$4.0M−$526K$2.7M 990 PDF
FY2021 $2.6M$2.6M$17K$3.2M 990 PDF
FY2020 Viewing $5.4M$2.8M$2.6M$3.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $5,421,476 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,582,000$5,421,350
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$126
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,582,000$5,421,476
I-13 Grants and similar amounts paidPrior year $0$10,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $369,648$503,882
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,001,079$2,268,300
I-18 Total expensesPrior year $1,370,727$2,782,182
I-19 Revenue less expensesPrior year $211,273$2,639,294
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $5,421,476 across 4 lines filed
VIII-1f All other contributions, gifts and grants$5,421,350
VIII-1h Total contributions, gifts and grants$5,421,350
VIII-3 Investment incomeExcluded from tax $126$126
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $126$5,421,476
Part IX · Statement of functional expenses $2,782,182 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $10,000$10,000
IX-5 Pay of current officers, directors and key staffPrograms $28,314 · Management $5,309 · Fundraising $1,770$35,393
IX-7 Other salaries and wagesPrograms $373,261 · Management $69,987 · Fundraising $23,328$466,576
IX-10 Payroll taxesPrograms $1,530 · Management $287 · Fundraising $96$1,913
IX-11b Legal feesManagement $1,087$1,087
IX-11c Accounting feesManagement $30,669$30,669
IX-11d Lobbying feesPrograms $956,157$956,157
IX-11g Other fees for servicesPrograms $121,557$121,557
IX-12 Advertising and promotionPrograms $115,077$115,077
IX-13 Office expensesManagement $82$82
IX-14 Information technologyPrograms $10,682 · Management $1,187$11,869
IX-16 OccupancyPrograms $24,000 · Management $4,712 · Fundraising $1,500$30,212
IX-17 TravelPrograms $15,302 · Management $1,700$17,002
IX-19 Conferences, conventions and meetingsPrograms $9,148 · Management $1,016$10,164
IX-24 Other expenses (24a–d)Programs $149,254 · Management $825,029 · Fundraising $53$974,336
IX-24e All other expensesManagement $88$88
IX-25 Total functional expensesPrograms $1,814,282 · Management $941,153 · Fundraising $26,747$2,782,182
Part X · Balance sheet $3,201,125 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $606,665$3,092,232
X-9 Prepaid expenses and deferred chargesStart of year $65,000$108,893
X-16 Total assetsStart of year $671,665$3,201,125
X-17 Accounts payable and accrued expensesStart of year $140,334$30,500
X-26 Total liabilitiesStart of year $140,334$30,500
X-27 Net assets without donor restrictionsStart of year $531,331$1,652,086
X-28 Net assets with donor restrictions$1,518,539
X-32 Total net assets or fund balancesStart of year $531,331$3,170,625
X-33 Total liabilities and net assetsStart of year $671,665$3,201,125
Part XI · Reconciliation of net assets $3,170,625 net assets at year end
XI-1 Total revenue$5,421,476
XI-2 Total expenses$2,782,182
XI-3 Revenue less expenses$2,639,294
XI-4 Net assets at start of year$531,331
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,170,625

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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