Status and standing
Is it real, and can you give to it?
Where the money goes
What each dollar paid for.
Statement of Functional Expenses
Financial health
Is it on solid ground?
Summary of the Filing
| FY2020 | $653.9M |
|---|---|
| FY2021 | $694.0M |
| FY2022 | $620.7M |
| FY2023 | $665.4M |
| FY2024 | $697.1M |
| FY2020 | $25.7M |
|---|---|
| FY2021 | $19.0M |
| FY2022 | $22.6M |
| FY2023 | $21.2M |
| FY2024 | $25.0M |
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 68% | — | — |
| Overhead ratio | 32% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -31% | — | — |
| Investment management fee ratio | 0.1% | — | — |
| Legal fee ratio | 2% | — | — |
| Accounting fee ratio | 0.7% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Who runs it, and what are they paid?
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|
| Mr Jonathan Berman | $448,387 | $455,663 | — | — |
| Sam Parker | — | — | — | $398,387 |
| Mr Jonathan Berman | — | — | $377,721 | — |
| Mr Richard Gomes | $291,371 | $281,960 | — | — |
| Ms Rachel Singh Davies | $278,988 | $231,562 | — | — |
| Ms Meera Shah | $248,553 | $227,895 | — | — |
| Mr Nicholas Jones | $212,634 | $181,443 | — | — |
| Ms Emma Stephenson | $206,870 | $171,489 | — | — |
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.
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Governance & Policies
- 8Voting board membersPt VI · Ln 1a
- 8Independent board membersPt VI · Ln 1b
- Conflict-of-interest policyPt VI · Ln 12aYes
- Whistleblower policyPt VI · Ln 13Yes
- Document retention policyPt VI · Ln 14No
- Top official’s pay independently reviewedPt VI · Ln 15aYes
- Family or business ties among leadersPt VI · Ln 2No
Mission and programs
What it does.
Improves global access to energy and sustainable transport through business solutions.
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Where the work happens
Microentrepreneurs
Urban, peri-urban and rural micro-enterprise owners engaged in the smallscale provision of goods and services for whom reliable and appropriate power can contribute to longer opening hours, lower costs, with net income increase.
Urban Transporters
Movers of people and goods whose income can increase by as much as 35% by shifting to electric vehicles from petrol or diesel vehicles.
Smallholder Farmers
Those moving from subsistence to cmmercial farming on less than fire acres of land; who can acheive a living income when they can produce crops efficiently and get that produce to market in good condition.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
Every return on file.
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest | $45.3M | $22.7M | +61% | 990 PDF |
| FY2023 Viewing | $28.2M | $25.4M | -31% | 990 PDF |
| FY2022 | $40.7M | $29.7M | -30% | 990 PDF |
| FY2021 | $58.4M | $28.9M | +11% | 990 PDF |
| FY2020 | $52.7M | $43.7M | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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Sources
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