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Nonprofit · EIN 92-2224097

SOVEREIGN ENERGY

Tax-exempt · ALBUQUERQUE, NM 87111

Financials

$238K$20K2023$949K$451K2024
Revenue Expenses · by fiscal year end
Financials of SOVEREIGN ENERGY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$949,057$450,510$498,547$757,286$40,492$716,794
December 31, 2023990$238,491$20,244$218,247$223,385$5,138$218,247
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$928,546
Program service revenue
$15,007
Investment income
$0
Other revenue
$5,504

Expenses

Grants and similar amounts paid
$13,500
Compensation of officers, directors and key employees
$149,542
Other salaries and wages
$187,354
Salaries, compensation and benefits (total)
$361,556
Professional fundraising fees
$0
Legal fees
$120
Accounting fees
$20,885
Travel
$6,347
Depreciation
$659
Program services (functional)
$321,843
Management and general (functional)
$126,569
Fundraising (functional)
$2,098

Balance sheet and other

Total assets, start of year
$223,385
Total assets, end of year
$757,286
Total liabilities, end of year
$40,492
Net assets, end of year
$716,794
Land, buildings and equipment
$4,842
Net assets without donor restrictions
$543,182
Net assets with donor restrictions
$173,612
Gross receipts
$949,057
Employees
5
Volunteers
0
Year formed
2021
State of legal domicile
NM

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Mayane BarudinExecutive Director
Officer
40$149,542
Marissa NaranjoDeputy Director
Highest-paid employee
40$103,311
Derrick ToledoBoard President
Trustee or director, Officer
1$0
Pilar ThomasBoard Secretary & Treasurer
Trustee or director, Officer
1$0
John LewisBoard Member
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Mayane BarudinExecutive Director
Officer
40$11,538
Derrick ToledoBoard President
Trustee or director, Officer
1$0
Pilar ThomasBoard Treasurer
Trustee or director, Officer
1$0
Marissa NaranjoBoard Secretary
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
6416 SAGE POINT CT NE, ALBUQUERQUE, NM 87111-8197
In care of
% MAYANE BARUDIN
Mailing address (990-N for 2022)
6416 Sage Point Ct NE, Albuquerque NM 87111
Principal officer (990 for 2024)
Mayane Barudin, 6416 Sage Point CT NE, Albuquerque, NM 87111
Principal officer (990-N for 2022)
Mayane Barudin, 6416 Sage Point Ct NE, Albuquerque NM 87111
Signed the 990
Mayane Barudin, Executive Director
Phone
(505) 699-6703
Return prepared by
The Charity CFO LLC

Mission

Sovereign Energy builds the individual and collective power of Southwest Pueblos and Tribes to lead the way toward a just, interdependent, and sustainable energy future.

990 for the year ended December 31, 2024

Program accomplishments

  • Energy Deployment. The Energy Deployment Program provides Southwest Pueblos and Tribes with curated tools, knowledge, and resources to help shape their own energy futures. By supporting Tribally-led, decentralized energy solutions, we help Tribal Nations design, implement, and manage energy systems that reflect their cultural values and long-term sustainability goals. Our work strengthens Tribal autonomy from external utilities, reduces energy costs, and builds resilient infrastructure to serve both present and future generations.
    Expenses $194,158 · grants $13,500 · revenue $3,150
  • Tribal Capacity Building. Many Tribal Nations face considerable barriers to energy development, such as limited technical staff, complex regulatory environments, and inadequate access to funding. The Tribal Capacity Building Program addresses these challenges by providing Southwest Pueblos and Tribes with the legal, technical, and financial resources necessary to successfully manage, implement, and sustain energy projects. Sovereign Energy supports Tribes by offering strategic guidance, technical resources, and valuable connections to industry partners. Our goal is to equip Tribal Nations with the expertise and tools required to lead and sustain their own energy projects, building long-term capacity and resilience in the energy sector.
    Expenses $68,903 · revenue $5,504
  • Policy & Regulatory Advocacy. Sovereign Energy provides strategic support, resources, and connections to help Tribes effectively engage in legislative, administrative, and regulatory processes. Our goal is to create a policy landscape where Tribal-led energy solutions, cultural preservation, and environmental stewardship are central to decision-making at all levels of government.
    Expenses $58,782 · revenue $11,857

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-2224097
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
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C99)
Assets (IRS master file)
$757,286
Income (IRS master file)
$949,057

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$949,057$450,510$757,286IRS
990December 2023$238,491$20,244$223,385XML
990-N for 2022
Officer: Mayane Barudin
December 31, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 92-2224097).

Questions about SOVEREIGN ENERGY

What is the EIN of SOVEREIGN ENERGY?
The employer identification number (EIN) of SOVEREIGN ENERGY is 92-2224097.
Is SOVEREIGN ENERGY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to SOVEREIGN ENERGY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOVEREIGN ENERGY 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 SOVEREIGN ENERGY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOVEREIGN ENERGY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOVEREIGN ENERGY?
The 990 for the year ended December 31, 2024 names Mayane Barudin.
Who are the officers and directors of SOVEREIGN ENERGY?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $149,542 (Mayane Barudin, Executive Director).
How much revenue does SOVEREIGN ENERGY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $949,057, expenses of $450,510 and total assets of $757,286 at year end.

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