Solar Sister Inc
- Assets
- $719.0k
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Great Falls, VA
- Founding
- 04/2010
- Data as of
- 12/2022
- EIN
- 27-1185128
Organization Overview
Solar Sister Inc is located in Great Falls, VA. The organization was established in 2010. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Solar Sister Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solar Sister 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 12/2022, Solar Sister Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $3.2m during the year ending 12/2022. While expenses have increased by 8.9% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOLAR SISTER ERADICATES ENERGY POVERTY BY EMPOWERING WOMEN WITH ECONOMIC OPPORTUNITY. WE ARE CREATING A DELIBERATELY WOMAN-CENTERED DIRECT SALES NETWORK TO BEING THE BREAKTHROUGH POTENTIAL OF CLEAN ENERGY TECHNOLOGY TO EVEN THE MOST REMOTE COMMUNITIES IN RURAL AFRICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SOLAR POWERED ENERGY TO COMMUNITIES IN UNDERDEVELOPED COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noa Gimelli Chair | OfficerTrustee | 1 | $0 |
Selam Gebru Treasurer | OfficerTrustee | 1 | $0 |
Linda Rich Secretary | OfficerTrustee | 1 | $0 |
Pam Darwin Director | Trustee | 1 | $0 |
Todd Mitchell Director | Trustee | 1 | $0 |
Liberata Mulamula Account Director For Renewable Energy Through 2022 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $63,935 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,760,366 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,824,301 |
| Total Program Service Revenue | $0 |
| Investment income | $47 |
| 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 | $356,966 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,232,217 |
| 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. | $152,000 |
| Compensation of current officers, directors, key employees. | $12,822 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,376,140 |
| Pension plan accruals and contributions | $90,661 |
| Other employee benefits | $31,859 |
| Payroll taxes | $228,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $539,597 |
| Advertising and promotion | $59,724 |
| Office expenses | $95,166 |
| Information technology | $57,665 |
| Royalties | $0 |
| Occupancy | $34,287 |
| Travel | $260,763 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,181 |
| Insurance | $11,287 |
| All other expenses | $0 |
| Total functional expenses | $3,226,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,384 |
| Savings and temporary cash investments | $53,580 |
| Pledges and grants receivable | $85,659 |
| Accounts receivable, net | $67,108 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $235,569 |
| Prepaid expenses and deferred charges | $29,816 |
| Net Land, buildings, and equipment | $8,850 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $718,966 |
| Accounts payable and accrued expenses | $48,867 |
| 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 | $200,000 |
| Other liabilities | $0 |
| Total liabilities | $248,867 |
| Net assets without donor restrictions | $325,517 |
| Net assets with donor restrictions | $144,582 |
| 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 | $718,966 |