Sonlight Power Inc
- Assets
- $427.7k
- Revenue
- $903.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Milford, OH
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 26-0007636
Organization Overview
Sonlight Power Inc is located in Milford, OH. The organization was established in 2002. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Sonlight Power Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sonlight Power Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Sonlight Power Inc generated $903.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $703.6k during the year ending 12/2023. While expenses have increased by 4.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SONLIGHT POWER IMPROVES THE LIVES OF CHILDREN, FAMILIES AND COMMUNITIES VIA SUSTAINABLE SOLAR-POWERED SOLUTIONS. SONLIGHT APPLIES CHRISTIAN FAITH AND SOLAR ENERGY TO ADVANCE EDUCATION, JOB TRAINING, WELLNESS, WATER ACCESS, SPIRITUAL AND ECONOMIC DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EQUIPPING OUTREACH: SONLIGHT POWER ANNUALLY PROVIDES SOLAR EXPERTISE FOR OUTREACH ORGANIZATIONS OPERATING IN DEVELOPING PARTS OF THE WORLD WITH NON-EXISTENT, LIMITED OR UNRELIABLE SUPPLIES OF ELECTRIC POWER. THIS CHALLENGE IS ESPECIALLY EVIDENT IN COUNTRIES WHERE THE OVERWHELMING NEEDS OF SCHOOLS, MEDICAL CLINICS, ORPHANAGES AND CHURCHES FAR EXCEED THE CAPACITY OF PUBLIC INFRASTRUCTURE. EACH YEAR, SONLIGHT POWER HELPS NUMEROUS MISSION ORGANIZATIONS IMPROVE SUSTAINABILITY WHILE REDUCING DEPENDENCY ON EXPENSIVE GENERATOR FUEL. SONLIGHT ALSO PROVIDES SOLAR EXPERTISE FOR U.S. TAX EXEMPT ORGANIZATIONS TO IMPROVE SUSTAINABILITY AND INCREASE ENGAGEMENT IN THE SONLIGHT MISSION. AS A RESULT, SONLIGHT EQUIPPING OUTREACH HAS EMPOWERED MISSION PARTNERS TO FOCUS MORE OF THEIR RESOURCES ON IMPROVING MORE LIVES.
MISSION TRIPS: SONLIGHT POWER ANNUALLY SPONSORS MISSION TRIPS THAT IMPACT CHILDREN AND THEIR FAMILIES LIVING WITHOUT ACCESS TO RELIABLE ELECTRICITY. THESE TRIPS GENERALLY CONSIST OF VOLUNTEER PROJECT TEAMS THAT INSTALL SOLAR POWER SYSTEMS - CONNECTING SCHOOLS, MEDICAL CLINICS, COMMUNITY CENTERS, ORPHANAGES, WATER-PUMPING STATIONS AND CHURCHES TO A 30-YEAR SUPPLY OF SUSTAINABLE ELECTRICITY. APPLICATIONS POWERED BY SONLIGHT SOLAR PROJECTS INCLUDE LIGHTS AND MULTIMEDIA TOOLS TO IMPROVE EDUCATION, REFRIGERATION TO STORE FOOD AND LIFE-SAVING VACCINES AND MEDICINES, AND WATER-PUMPING WHERE CLEAN WATER IS SCARCE. OVER THE LIFETIME OF SONLIGHTS COLLABORATIVE PROJECTS, THE SOLAR POWER GENERATED MAKES AN IMMEDIATE AND LASTING IMPACT FOR TENS OF THOUSANDS OF LIVES.
SOLAR SCHOOL/TRAINING: SONLIGHT POWER PROVIDES HANDS-ON SOLAR TRAINING IN THE U.S. AND IN MISSION AREAS TO BUILD TECHNICAL EXPERTISE AND ENCOURAGE TEAM-BUILDING. SONLIGHT HAS DESIGNED WORKSHOPS AND CURRICULUM TO FIT THE NEEDS OF VARIOUS AUDIENCES, PRIMARILY THOSE LOOKING TO APPLY SOLAR POWER IN THE MISSION FIELD, EDUCATORS INTERESTED IN ADDING A SOLAR POWER COMPONENT TO STEM-BASED CURRICULUM, AND THOSE CURIOUS ABOUT THE GENERAL APPLICATIONS OF SOLAR POWER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Sasson Executive Director | OfficerTrustee | 50 | $81,077 |
Keith Brown Board Member | Trustee | 2 | $0 |
Angela Bradley Board Member | Trustee | 2 | $0 |
Mark Fisher Board Member | Trustee | 2 | $0 |
Liza Sanchez Board Member | Trustee | 2 | $0 |
Rebecca Ott Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $900,073 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $903,683 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,077 |
| Compensation of current officers, directors, key employees. | $4,054 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $183,252 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $259 |
| Payroll taxes | $20,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,627 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $298,486 |
| Advertising and promotion | $18,563 |
| Office expenses | $33,887 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $100 |
| Travel | $646 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,112 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,715 |
| Insurance | $5,891 |
| All other expenses | $10,438 |
| Total functional expenses | $703,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,776 |
| Savings and temporary cash investments | $287,173 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,064 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,714 |
| Other assets | $0 |
| Total assets | $427,727 |
| Accounts payable and accrued expenses | $37,977 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,977 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $389,750 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $427,727 |