Namaste Solar Foundation Inc
- Assets
- $69.6k
- Revenue
- $1.2k
- Investments
- $68.6k
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 05/2013
- Data as of
- 12/2021
- EIN
- 46-2148950
Organization Overview
Namaste Solar Foundation Inc is located in Boulder, CO. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Namaste Solar Foundation 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 12/2021, Namaste Solar Foundation Inc generated $1.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 70.4% each year . All expenses for the organization totaled $11.0k during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NAMASTE SOLAR FOUNDATION'S MISSION IS TO IMPROVE THE ENVIRONMENT, HEALTH, AND EDUCATIONAL WELL-BEING OF THE GENERAL PUBLIC IN ITS COMMUNITY, BOTH LOCALLY IN BOULDER AND DENVER, COLORADO, AS WELL AS THE GREATER COMMUNITY AT LARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Demetroff Chair | 1 | $0 | |
Heather Kinsey Co-Chair | 1 | $0 | |
Rachel Mountain Treasurer | 1 | $0 | |
Emily Paulsen Director | 1 | $0 | |
Alicia Creighton Secretary | 1 | $0 | |
Jake Logar Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $823 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $335 |
| Capital Gain Net Income | $335 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,166 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $263 |
| Total operating and administrative expenses | $963 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $10,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,045 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $69,645 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Namaste Solar Foundation Inc has awarded $10,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Flagler Beach, FL PURPOSE: GENERAL SUPPORT | $3,900 |
GRID ALTERNATIVES COLORADO INC PURPOSE: GENERAL SUPPORT | $3,000 |
HAITIAN SPORTS FOUNDATION PURPOSE: SOLAR ENERGY FOR HSF COMMUNITY COMPLEX IN HAITI | $1,600 |
Denver, CO PURPOSE: COLORADO AGRIVOLTAIC LEARNING CENTER | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Pacific Foundation Omaha, NE | $336,276 | $9,519,950 |
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Robert M Beren Foundation Inc Wichita, KS | $0 | $13,792,730 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
A W Baldwin Charitable Foundation Inc Leawood, KS | $13,708,852 | $4,775,692 |
Simone Charitable Foundation Inc Scottsdale, AZ | $116,213,813 | $7,192,727 |
Leland J And Dorothy H Olson Charitable Fountation Omaha, NE | $59,544,198 | $8,036,267 |
Merlin Foundation Boulder, CO | $11,755,104 | $10,100,928 |