2024-11-13T14:17:20-06:00 2023-12-31 920613813 MURPHY GAUDREAU HOSKINSON INC ONE TARA BOULEVARD NASHUA NH 030622809 990 2023-01-01 461491204 ENERGY INNOVATION REFORM PROJECT ENER 5712575265 10306 EATON PLACE 300 FAIRFAX VA 22030 PAUL SAUNDERS PRESIDENT 5712575265 2024-11-13 1 0 JAMES GAUDREAU CPA P01374894 6036193128 2024-11-13 2023 2024-10-15 13:58:12Z SAM THERNSTROM 10306 EATON PLACE 300 FAIRFAX VA 22030 1220941 0 X WWW.INNOVATIONREFORM.ORG X 2012 VA TO EDUCATE THE PUBLIC AND ADVOCATE FOR A BROAD ENERGY POLICY THAT VALUES THE INVESTMENT IN NEW TECHNOLOGIES. 6 4 4 0 0 0 944069 802873 0 0 -12303 18628 0 0 931766 821501 0 0 0 0 787345 874794 0 0 242072 221926 287126 1009271 1161920 -77505 -340419 1468940 1280960 9708 56135 1459232 1224825 X TO EDUCATE THE PUBLIC AND ADVOCATE FOR A BROAD ENERGY POLICY THAT VALUES THE INVESTMENT IN NEW TECHNOLOGIES. 0 0 732546 EDUCATION AND ADVOCACY:1. UNDERTOOK MULTIPLE ANALYSES OF DECARBONIZATION PATHWAYS AND POLICIES FOR THE ELECTRIC POWER SECTOR.2. STUDIED THE ECONOMIC AND ENVIRONMENTAL IMPACT OF DIFFERENT POLICY OPTIONS FOR REDUCING EMISSIONS3. ENGAGED IN EXTENSIVE AND ONGOING OUTREACH TO A BROAD RANGE OF KEY STAKEHOLDERS ACROSS THE POLITICAL AND CIVIC SPECTRUM TO COMMUNICATE THE FINDINGS FROM OUT RESEARCH AND TO BUILD A STRONG CASE FOR PRAGMATIC POLICY OPTIONS.4. PURSUED VARIOUS INTERNATIONALLY ORIENTED PROJECTS. ASSESSED RUSSIA'S ROLE IN THE GLOBAL ENERGY ECONOMY AFTER ITS INVASION OF UKRAINE. STUDIED U.S. - KOREA COOPERATION ON CLEAN ENERGY SUPPLY CHAINS, INCLUDING SOLAR PHOTOVOLTAIC SYSTEMS AND ELECTRIC VEHICLE BATTERIES. 732546 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC VA X SAMUEL THERNSTROM 5712575265 10306 EATON PLACE FAIRFAX VA 22030 JOSEPH CHAISSON DIRECTOR 1.00 X 0 0 0 PAULA DOBRIANSKY DIRECTOR 1.00 X 0 0 0 STEVEN F HAYWARD DIRECTOR 1.00 X 0 0 0 ROGER MARTELLA DIRECTOR 1.00 X 0 0 0 PAUL SAUNDERS DIRECTOR & SENIOR ADVISOR 40.00 X X 303753 0 35000 SAMUEL THERNSTROM DIRECTOR & CEO 40.00 X X 309665 0 35000 613418 0 70000 2 0 1 0 0 802873 252873 802873 25503 25503 392565 399440 -6875 -6875 -6875 821501 25503 0 -6875 613417 429392 61342 122683 86866 25792 1683 59391 29380 20566 2938 5876 109835 69924 9591 30320 35296 22942 3177 9177 38095 38095 26910 15917 7966 3027 4191 3352 210 629 26211 20968 1311 3932 35114 29847 5267 2881 2881 2299 483 1632 184 PROJECT COSTS 84732 84732 WEBSITE EXPENSES 47435 47435 TELEPHONE AND INTERNET 10573 8458 529 1586 PAYROLL PROCESSING FEES 8685 173 8512 1161920 732546 187302 242072 772955 450167 20000 1632 368 2333 9055 19667 17088 3796 2579 668224 818791 1468940 1280960 9708 56135 9708 56135 X 1306906 1180605 152326 44220 1459232 1224825 1468940 1280960 -340419 106012 0 X 0 1 X 1 0 X 1143400 2229927 392400 944069 802873 5512669 1143400 2229927 392400 944069 802873 5512669 3827985 1684684 611 1818 12943 15968 26137 57477 5570146 0.30240 0.25250 X IN ACCORDANCE WITH TREASURY REGULATION SECTION 1.170A-9(F)3, ENERGY INNOVATION REFORM PROJECT (EIRP)(THE ORGANIZATION) IS PUBLICLY SUPPORTED BECAUSE IT NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT DIRECTLY FROM THE GENERAL PUBLIC INCLUDING INDIVIDUALS AND OTHER PUBLIC CHARITIES, AND IS ORGANIZED AND OPERATED TO ATTRACT PUBLIC SUPPORT. THE ORGANIZATION HAS BEEN IN EXISTENCE FOR ONLY ELEVEN YEARS AND HAS FOCUSED ITS INITIAL EFFORTS ON BECOMING A THOUGHT LEADER IN THE ENERGY INNOVATION SECTOR. THIS HAS REQUIRED LARGE RESEARCH GRANTS THAT ARE BEST OBTAINED FROM PRIVATE FOUNDATIONS, WHICH HAS RESULTED IN THE ORGANIZATION'S FAILURE TO SATISFY THE 33-1/3% TEST. HOWEVER, THE ORGANIZATION APPLIES TO A BROAD GROUP OF PRIVATE FOUNDATIONS WHILE ALSO SEEKING GOVERNMENT GRANTS, GRANTS FROM OTHER PUBLICLY SUPPORTED ORGANIZATIONS AND THE GENERAL PUBLIC. AS A RESULT THE ORGANIZATION TYPICALLY RECEIVES APPROXIMATELY 25% OF ITS SUPPORT FROM THE GENERAL PUBLIC. DURING 2020, 2021, 2022 AND 2023, THE ORGANIZATION HAS SUCCESSFULLY WON GRANTS FROM SEVERAL NEW DONORS EVEN THROUGH THE ADVERSE AND ECONOMIC EFFECTS OF COVID. EIRP IS ALSO PUBLICLY SUPPORTED BECAUSE IT WORKS WITH A DIVERSE GROUP OF EXPERTS AND MEMBERS OF THE PUBLIC IN DEVELOPING SOLUTIONS TO MATTERS OF BROAD PUBLIC INTEREST -- NAMELY, CLEAN AND RENEWABLE ENERGY -- AND MAKES THE RESULTS OF THESE EFFORTS AVAILABLE TO THE GENERAL PUBLIC. EIRP CONDUCTS WORKING GROUP MEETINTGS THAT FEATURE SUBJECT MATTER EXPERTS AND MEMBERS OF THE PUBLIC FROM A DIVERSE POPULATION OF STAKEHOLDERS IN THE ENERGY INDUSTRY INCLUDING: 1.) INDUSTRY LEADING SCIENTISTS AND RESEARCHERS WORKING IN NUCLEAR, RENEWABLES AND FOSSIL FUEL ENERGY SECTORS; 2.) POWER PRODUCER LEADERS; 3.) CORPORATE REPRESENTATIVESOF INTEGRATED ENERGY COMPONENT PRODUCING ORGANIZATIONS; 4.) REGULATOR REPRESENTATIVES; 5.) ORGANIZED LABOR REPRESENTATIVES; AND 6.) PUBLICLY SUPPORTED CHARITABLE ORGANIZATIONS. EIRP MAKES THE RESULTS OF THE RESEARCH AND ANALYSIS CONDUCTED BY THESE WORKING GROUPS AVAILABLE FOR THE BENEFIT OF THE GENERAL PUBLIC BY CONDUCTING EDUCATIONAL OUTREACH SEMINARS AND SMALL GROUP MEETINGS WITH MEMBERS OF CONGRESS AND OTHER GOVERNMENT REPRESENTATIVES AND PUBLISHING REPORTS AND WHITE PAPERS THAT ARE BROADLY DISSEMINATED TO STAKEHOLDERS AND MADE AVAILABLE TO THE GENERAL PUBLIC ON THE ORGANIZATION'S WEBSITE. FINALLY, THE ORGANIZATION HAS A GOVERNING BODY THAT REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, INCLUDING REPRESENTATIVES FROM ACADEMIA, A FOREIGN POLICY EXPERT AND FORMER DIPLOMAT, AN EXECUTIVE OF A LEADING ENERGY TECHNOLOGY PUBLIC-COMPANY, EXECUTIVES OF OTHER CHARITABLE ORGANIZATIONS, AND ENERGY POLICY AND TECHNOLOGY THOUGHT LEADERS. IT SHOULD BE NOTED THAT THE COVID-19 PANDEMIC HAMPERED PROGRESS IN THE ABILITY TO CONDUCT OUTREACH TO NEW DONORS DUE TO LIMITATION OF IN PERSON CONTACT (FACE TO FACE MEETING WITH PROSPECTIVEDONORS), THAT GENERAL RESOURCES HAVE BEEN REDIRECTED BY CONTRIBUTORS TO OTHER HUMAN NECESSITIES SUCH AS HOUSING AND FOOD, AND THAT AS A RESULT OF THE PANDEMIC THERE WAS A GENERAL ECONOMIC UNCERTAINTY WHICH IMPACTED DONOR GIVING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19667 17088 2579 2579 X 927513 106012 106012 821501 0 821501 1161920 0 1161920 0 1161920 PART X, LINE 2: ORGANIZATION HAS ADOPTED "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" AS PRESCRIBED BY THE ACCOUNTING STANDARDS CODIFICATION WHICH PROVIDES GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN FOR OPEN TAX YEARS (GENERALLY A PERIOD OF THREE YEARS FROM THE LATER OF EACH RETURN'S DUE DATE OR THE DATE FILED) THAT REMAINS SUBJECT TO EXAMINATION BY THE ORGANIZATION'S MAJOR TAX JURISDICTIONS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY MAJOR TAXING AUTHORITIES FOR YEARS ENDING AFTER (PRIOR TO) DECEMBER 31, 2020. IN ACCORDANCE WITH "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES", THE ORGANIZATION ASSSESSES ITS TAX POSITIONS AND DETERMINES WHETHER IT HAS ANY MATERIAL UNRECOGNIZED LIABILITIES FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECORDS THESE LIABILITIES, WHEN AND IF APPLICABLE, TO THE EXTENT IT DEEMS THEM MORE LIKELY THAN NOT TO BE INCURRED. INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, WOULD BE CLASSIFIED AS A COMPONENT OF INCOME TAX EXPENSE. ACCORDINGLY, NO SUCH LOSS CONTINGENCIES HAVE BEEN RECORDED FOR THE YEAR ENDED DECEMBER 31, 2022, AS THE ORGANIZATION BELIEVES THAT IT DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION OR MEASUREMENT IN THE ACCOMPANYING FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 SAMUEL THERNSTROM DIRECTOR & CEO 297165 0 12500 0 0 0 12000 0 23000 0 344665 0 0 0 PAUL SAUNDERS DIRECTOR & SENIOR ADVISOR 293753 0 10000 0 0 0 12000 0 23000 0 338753 0 0 0 X 1 252873 FAIR MARKET VALUE 0 0 1 PART I, LINE 32B: THE ORGANIZATION UTILIZES AN INVESTMENT COMPANY TO MANAGE STOCK DONATIONS. THE INVESTMENT COMPANY ALSO UTILIZES THE INVESTMENT COMPANY TO PROCESS AND SELL NON-CASH DONATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S ACCOUNTANT. UPON COMPLETION, THE FORM 990 IS THEN REVIEWEED BY THE PRESIDENT. UPON COMPLETION OF THE PRESIDENT'S REVIEW, THE COMPLETED FORM 990 IS THEN PROVIDED TO ALL BOARD MEMBERS BEFORE SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND OFFICER IS INTERVIEWED BY THE PRESIDENT AT THE ANNUAL MEETING TO DETERMINE IF ANY CONFLICT OF INTEREST EXISTS. THE STATEMENTS ARE REVIEWED WITH THE CHAIRMAN OF THE BOARD AND DISCUSSED WITH COUNSEL AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DISCUSSES AND DECIDES ON THE THE CHIEF EXECUTIVE OFFICER'S AND EMPLOYEES SALARIES ON AN ANNUAL BASIS BASED ON PERFORMANCE AND COMPARABLE EXECUTIVE AND POSITIONAL SALARIES. THE BOARD OF DIRECTORS DISCUSSES AND DECIDES ON THE PRESIDENT'S AND EMPLOYEES SALARIES ON AN ANNUAL BASIS BASED ON PERFORMANCE AND COMPARABLE EXECUTIVE AND POSITIONAL SALARIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.