Potential Energy Inc. Logo

MIP Score

41

International Affairs
International Development Support

Potential Energy Inc.

Mission

Potential Energy is a non-profit organization based out of Kampala, Uganda, focusing on protecting the environment and improving the lives of refugees and displaced people by providing cleaner, more efficient cookstoves. The organization is dedicated to helping communities reduce indoor air pollution, save money on fuel costs, and contribute to environmental preservation.

Basic Information

Tax-Exempt

Address

5516 Beaudry St, Emeryville, California, 94608

View all Emeryville charities

Founded in

2009

EIN

26-1321043

Total Assets

$57.59 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Meet Alana

Meet Alana

Alana, a refugee in Uganda, benefits from a fuel-efficient cookstove provided by Potential Energy, allowing her to allocate more income towards food for her family.

The Berkeley-Darfur Stove

The Berkeley-Darfur Stove

An innovative cookstove that reduces fuel usage by 66% and smoke emissions by 77%, enhancing cooking practices for displaced individuals.

Current Projects in Uganda

Current Projects in Uganda

Focused on empowering communities in Uganda through the distribution of efficient stoves and eco-friendly practices.

Impact Stats

61,534

Cookstoves Distributed

Improved Cookstove Distribution

Distributed more than 61,534 efficient cookstoves in sub-Saharan Africa and Asia.

$86 million

Total Savings

Financial Savings

Saved a collective $86 million USD in fuel costs for households using the stoves.

1 million tons

CO2 Reduced

Global Carbon Emissions Reduction

Reduced global carbon emissions by 1 million tons of CO2.

366,000

Beneficiaries Improved

Improved Beneficiary Health

Improved the health and financial wellbeing of 366,000 beneficiaries.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

41

18

/100

Program Expense Ratio

76.97%

10

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

1.969

2

/20

Working Capital Ratio

-0.1357

2

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2020

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants165.6K68.56%
Program Services00.00%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue241.6K100.00%