Friends Of Solar Prep
- Assets
- $508.2k
- Revenue
- $342.6k
- Investments
- $86.1k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-3913957
Organization Overview
Friends Of Solar Prep is located in Dallas, TX. The organization was established in 2016. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Solar Prep 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, Friends Of Solar Prep generated $342.6k in total revenue. All expenses for the organization totaled $167.4k during the year ending 12/2021. While expenses have increased by 149.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF SOLAR IS A NON-PROFIT ORGANIZATION THAT SUPPORTS THE SOLAR PREPARATORY SCHOOLS FOR GIRLS AND BOYS. THE SCHOOLS ARE CHALLENGING, NURTURING AND INCLUSIVE PERFORMANCE-BASED LEARNING ENVIRONMENTS. FRIENDS OF SOLAR WORKS TO BOLSTER SOLAR PREP STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, MATH).
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF SOLAR PREP HAS CONTRIBUTED SIGNIFICANTLY TO THE BOYS AND GIRLS SCHOOLS THROUGH THE DONATION OF LIBRARY BOOKS, ROBOTICS, A PLAYGROUND, 3-D PRINTERS, TEACHER EDUCATION, COMMUNITY ENGAGEMENT, AND OTHER MAKER SPACE ITEMS (COMPONENT OF STEAM EDUCATION). THE TWO LARGEST EXPENSES WERE STEAM EDUCATION ITEMS (EX. ROBOTICS) AND LIBRARY BOOKS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mimi Sterling Chairman | OfficerTrustee | 0.5 | $0 |
Charles W Durham Treasurer | OfficerTrustee | 1.5 | $0 |
Charles E Brant Secretary | OfficerTrustee | 0.5 | $0 |
Jill Ibison Vessels Vice Chairman | OfficerTrustee | 0.5 | $0 |
April Allen Member | Trustee | 0.5 | $0 |
Chez Uzoh Member | Trustee | 0.5 | $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 | $342,101 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,101 |
| Total Program Service Revenue | $0 |
| Investment income | $457 |
| 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 | $342,558 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $152,471 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,610 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,300 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $167,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $421,745 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $315 |
| 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 | $0 |
| Investments—other securities | $86,110 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $508,170 |
| Accounts payable and accrued expenses | $0 |
| 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 | $12,103 |
| Total liabilities | $12,103 |
| Net assets without donor restrictions | $189,530 |
| Net assets with donor restrictions | $306,537 |
| 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 | $508,170 |
Grants Awarded
Over the last fiscal year, Friends Of Solar Prep has awarded $152,471 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOLAR PREPARATORY SCHOOL FOR GIRLS PURPOSE: TO HELP FUND OPERATIONAL ACTIVITIES OF THE SOLAR PREPARATORY SCHOOL FOR GIRLS | $107,087 |
SOLAR PREPARATORY SCHOOL FOR BOYS PURPOSE: TO HELP FUND OPERATIONAL ACTIVITIES OF THE SOLAR PREPARATORY SCHOOL FOR BOYS | $45,384 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Solar Prep has recieved totaling $16,500.
| Awarding Organization | Amount |
|---|---|
High-Tech High Heels Dallas, TX PURPOSE: STEM PROFESSIONAL DEVELOPMENT | $16,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Arkansas Foundation Inc Fayetteville, AR | $2,089,992,333 | $297,590,096 |
Texas A & M Research Foundation College Station, TX | $17,651,760 | $64,742,890 |
Tiger Athletic Foundation Baton Rouge, LA | $492,455,521 | $67,955,012 |
Vanguard Academy Pharr, TX | $58,411,993 | $65,696,988 |
Southwestern Medical Foundation Dallas, TX | $1,318,497,986 | $133,001,887 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
University Of Texas Foundation Austin, TX | $88,879,484 | $47,692,096 |
L S U Foundation Baton Rouge, LA | $804,249,383 | $72,730,367 |
Southeastern Louisiana Area Health Education Center Natalbany, LA | $8,364,528 | $32,019,241 |
University Of Arkansas Fayetteville Campus Foundation Inc Fayetteville, AR | $748,157,500 | $15,686,060 |
Razorback Foundation Inc Fayetteville, AR | $72,537,377 | $26,130,749 |