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Nonprofit · EIN 26-1321043

POTENTIAL ENERGY INC

Tax-exempt · EMERYVILLE, CA 94608

Financials

$311K$359K2024$90K$109K2025
Revenue Expenses · by fiscal year end
Financials of POTENTIAL ENERGY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$89,800$108,765-$18,965$201,076$167,339$33,737
December 31, 2024990$310,571$359,368-$48,797$224,876$172,174$52,702
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$67,850
Net income from sales of inventory
$19,075
Other revenue
$2,875

Expenses

Compensation of officers, directors and key employees
$63,980
Salaries, compensation and benefits (total)
$81,577
Professional fees and payments to contractors
$7,200
Occupancy
$870
Other expenses
$19,118
Program services (functional)
$66,602

Balance sheet and other

Total assets, start of year
$224,876
Total assets, end of year
$201,076
Total liabilities, end of year
$167,339
Net assets, end of year
$33,737
Cash, savings and investments
$199,390
Gross receipts
$100,111

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Jessica De ClerckManaging Director25$63,980
Tyler ValiquetteBoard Chair1$0
Mikhail SharovBoard Member1$0
Kevin BlakeBoard Member1$0
Tracy CheungBoard Member1$0
Brad AlexanderBoard Member1$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Jessica De ClerckManaging Director
Trustee or director, Officer
40$252,162
Tyler ValiquetteBoard Chair
Trustee or director, Officer
1$0
Mikhail SharovBoard Member
Trustee or director
1$0
Kevin BlakeBoard Member
Trustee or director
1$0
Tracy CheungBoard Member
Trustee or director
1$0
Brad AlexanderBoard Member
Trustee or director
1$0

Address and contacts

Address (IRS master file)
5516 BEAUDRY ST, EMERYVILLE, CA 94608-2602
In care of
% JESSICA DE CLERCK
Mailing address (990-N for 2021)
5516 Beaudry St, Emeryville CA 94608
Principal officer (990-N for 2021)
Jessica De Clerck, 1525 SE 44th Ave Apt 403, Portland OR 97215
Signed the 990-EZ
Jessica De Clerck, Managing Director
Phone
(971) 386-3195
Return prepared by
Shining Star Consulting LLC

Mission

Potential Energy adapts and scales technologies that improve lives in developing countries.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Potential Energy carried out the marketing, sales, and distribution of 2,210 energy saving biomass stoves throughout Uganda. We also trained each user on how to properly use the stove and carried out awareness campaigns on the environmental, financial and health benefits of improved cooking, impacting the lives of 11,050 Ugandans. We expanded our reach in 2025 by distributing the cookstoves through door-to-door campaigns directly connecting with households, road drives taking products to communities and exhibitions showcasing at key events. We also continued the partnership with Equity Bank to enhance financing access to reach rural and peri-urban areas of the country covering 10 districts.
    Expenses $66,602

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-1321043
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$201,076
Income (IRS master file)
$100,111

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$89,800$108,765$201,076XML
990December 2024$310,571$359,368$224,876IRS
990December 2023$555,573$332,052$278,610IRS
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Jessica De Clerck
December 31, 2021≤ $50,000 receipts––e-Postcard
990-EZDecember 2021–––IRS
990December 2020–––IRS
990-N for 2019
Officer: Jessica De Clerck
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about POTENTIAL ENERGY INC

What is the EIN of POTENTIAL ENERGY INC?
The employer identification number (EIN) of POTENTIAL ENERGY INC is 26-1321043.
Is POTENTIAL ENERGY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to POTENTIAL ENERGY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does POTENTIAL ENERGY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of POTENTIAL ENERGY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POTENTIAL ENERGY INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of POTENTIAL ENERGY INC?
The 990-N for 2021 names Jessica De Clerck.
Who are the officers and directors of POTENTIAL ENERGY INC?
The 990-EZ for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $63,980 (Jessica De Clerck, Managing Director).
How much revenue does POTENTIAL ENERGY INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $89,800, expenses of $108,765 and total assets of $201,076 at year end.

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