Texas Solar Energy Society Inc
- Assets
- $111.9k
- Revenue
- $282.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Austin, TX
- Founding
- 08/1978
- Data as of
- 12/2022
- EIN
- 74-1962704
Organization Overview
Texas Solar Energy Society Inc is located in Austin, TX. The organization was established in 1978. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 12/2022, Texas Solar Energy Society Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Solar Energy Society 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, Texas Solar Energy Society Inc generated $282.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $261.1k during the year ending 12/2022. While expenses have increased by 20.2% per year over the past 6 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
PROMOTING CLEAN, SAFE, LOCALLY HARVESTED SOLAR ENERGY FOR EVERY TEXAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A MEMBERSHIP BASED NOT FOR PROFIT 501C3 ORGANIZATION, TXSES UNIQUE NICHE IS EXEMPLIFIED IN OUR WELL ESTABLISHED LOCAL CHAPTERS IN AUSTIN, DALLAS, EL PASO, HOUSTON, AND SAN ANTONIO. HAVING BOOTS ON THE GROUND IN THESE MAJOR METROPOLITAN CITIES, WHICH REPRESENT NEARLY A QUARTER OF TEXAS 29 MILLION CITIZENS, ENABLES OUR GIFTED, DEDICATED EXPERTS TO DISSEMINATE FACT BASED, RELEVANT SOLAR INFORMATION. ACTIVITIES INCLUDE CONDUCT OUTREACH TO LOW TO MODERATE COMMUNITIES TO PROVIDE EDUCATION ON ROOF TOP AND COMMUNITY SOLAR PROJECTS. COORDINATE WITH OUR STATE CHAPTERS IN AUSTIN, NORTH TEXAS, HOUSTON, EL PASO AND SAN ANTONIO TO EDUCATE MORE TEXANS ABOUT THE BENEFITS OF SOLAR ENERGY. ENABLE PATHWAYS TO JOBS AND OPPORTUNITIES FOR ADVANCEMENT IN SOLAR ENERGY FOR WOMEN AND STUDENTS OF COLOR THROUGHOUT THE STATE. THIS INCLUDES HIGH SCHOOL, HIGHER EDUCATION, AND COMMUNITY LEVEL INDIVIDUALS. EDUCATE RURAL ELECTRIC COOPERATIVES AND SMALL UTILITIES ABOUT THE BENEFITS OF DISTRIBUTED AND COMMUNITY SOLAR. CONNECT WITH LOW TO MODERATE INCOME AND UNDERSERVED POPULATIONS SO THEY CAN BE SOLAR CONSUMERS. SEND OUT MONTHLY NEWSLETTERS ABOUT CURRENT AND RELATED NEWS IN THE DISTRIBUTED AND COMMUNITY SOLAR SPACE. WORKING WITH TXSES CHAPTER CITIES, THE SOLAR ENERGY INTERNSHIP PROGRAM SEIP WILL FACILITATE PATHWAYS TO JOBS AND OPPORTUNITIES FOR ADVANCEMENT IN SOLAR ENERGY FOR WOMEN AND STUDENTS OF COLOR. SEIP WILL RECRUIT SOLAR ENERGY COMPANIES TO PARTICIPATE, DEVELOP A SET OF BEST PRACTICES FOR SOLAR ENERGY COMPANIES TO IMPROVE DIVERSE AND INCLUSIVE RECRUITMENT AND HIRING PROCESSES, AND ENGAGE IN ONGOING MENTORSHIP DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ariane Beck Chair | OfficerTrustee | 0.5 | $0 |
Louis Petrik Vice Chair | OfficerTrustee | 0.5 | $0 |
Laura Doll Secretary | OfficerTrustee | 0.5 | $0 |
Dub Taylor Treasurer | OfficerTrustee | 0.5 | $0 |
Ramsey Cripe At-Large | Trustee | 0.5 | $0 |
Amy Heart At-Large | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32,567 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,187 |
| All other contributions, gifts, grants, and similar amounts not included above | $246,668 |
| Noncash contributions included in lines 1a–1f | $51,438 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $282,422 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $282,422 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $70,000 |
| 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. | $86,000 |
| Compensation of current officers, directors, key employees. | $17,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,508 |
| Advertising and promotion | $0 |
| Office expenses | $11,731 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $700 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $261,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,673 |
| Savings and temporary cash investments | $60,022 |
| Pledges and grants receivable | $773 |
| 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 | $0 |
| Investments—publicly traded securities | $41,460 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $111,928 |
| Accounts payable and accrued expenses | $4,355 |
| 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 | $4,355 |
| Net assets without donor restrictions | $107,573 |
| Net assets with donor restrictions | $0 |
| 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 | $111,928 |
Grants Awarded
Over the last fiscal year, Texas Solar Energy Society Inc has awarded $70,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOLAR AUSTIN PURPOSE: Program Grant | $40,000 |
HREG PURPOSE: Program Grant | $30,000 |