Olympia Community Solar
- Assets
- $674.2k
- Revenue
- $755.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Olympia, WA
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 83-2686367
Organization Overview
Olympia Community Solar is located in Olympia, WA. The organization was established in 2019. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2023, Olympia Community Solar employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olympia Community Solar 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, Olympia Community Solar generated $755.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.3% each year . All expenses for the organization totaled $440.3k during the year ending 12/2023. While expenses have increased by 47.0% per year over the past 4 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
TO STEWARD AN EQUITABLE AND ACCESSIBLE TRANSITION TO CLEAN ENERGY THROUGH COMMUNITY SOLAR EDUCATION, POLICY, AND PROJECT DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMES FIRST. OLYMPIA COMMUNITY SOLAR SERVED AS THE FISCAL SPONSOR AND PROJECT MANAGERS TO INSTALL SEVEN SOLAR ENERGY SYSTEMS ON NON-PROFIT OWNED LOW-INCOME HOUSING BUILDINGS. A TOTAL OF 28 RESIDENTS WILL EXPERIENCE REDUCED ENERGY BILLS THANKS TO THE INSTALLATIONS.
MERRITT MANOR DEPRECIATION AND SOUTH SOUND STREET MEDICS, GRANT WRITING, MANAGEMENT REVENUE, COMMISSIONS, AND CLIMATE SOLUTION REDUCTION SERVICE GRANT
THURGOOD MARSHALL COMMUNITY SOLAR: OLYMPIA COMMUNITY SOLAR IS THE OWNER/OPERATOR OF A 150 KW SOLAR ENERGY INSTALLATION ON THURGOOD MARSHALL MIDDLE SCHOOL. THE PROJECT SERVES 37 PRIVATE SUBSCRIBERS AND ONE LOW-INCOME SERVICE PROVIDER WITH CLEAN ENERGY BENEFITS. THE VAST MAJORITY OF THE PROJECT IS DEDICATED TO LOW-INCOME HOUSING PROVIDERS, FUNDED BY THE WSU LOW-INCOME COMMUNITY SOLAR PROGRAM.
SOLARIZE: SOLARIZE IS A SOLAR GROUP PURCHASING PROGRAM AIMED AT PROMOTING THE INSTALLATION OF SOLAR PANELS ON HOMES AND BUSINESSES. THE PROGRAM OFFERS PARTICIPANTS ACCESS TO DISCOUNTED RATES ON HIGH-QUALITY SOLAR PANEL INSTALLATIONS, AS WELL AS SUPPORT FROM A TEAM OF EXPERIENCED SOLAR PROFESSIONALS THROUGHOUT THE INSTALLATION PROCESS. SOLARIZE IS COMMITTED TO PROMOTING THE USE OF CLEAN, RENEWABLE ENERGY AND HELPING COMMUNITIES TO REDUCE THEIR CARBON FOOTPRINT. THE 2023 SOLARIZE PROGRAM SUPPORTED 49 HOMEOWNERS TO INVEST ABOUT $800,000 DOLLARS IN THEIR OWN SOLAR ENERGY SYSTEMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Nicholas Director | Officer | 0.5 | $0 |
Adam Harrison Director | Officer | 0.5 | $0 |
Ben Silesky Program Director | Officer | 20 | $0 |
Adam Powers Director | Officer | 0.5 | $0 |
Mason Rolph President | Officer | 40 | $0 |
Katrina Taylor Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $340,021 |
| All other contributions, gifts, grants, and similar amounts not included above | $323,964 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $663,985 |
| Total Program Service Revenue | $91,322 |
| 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 | $755,307 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,675 |
| 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 | $37,711 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,000 |
| Payroll taxes | $4,480 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $250 |
| Fees for services: Accounting | $10,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,800 |
| Advertising and promotion | $0 |
| Office expenses | $832 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,702 |
| Travel | $3 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,963 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $155,727 |
| Insurance | $1,119 |
| All other expenses | $194,426 |
| Total functional expenses | $440,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,124 |
| Savings and temporary cash investments | $60,554 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $62,240 |
| 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 | $314,059 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,250 |
| Total assets | $674,227 |
| Accounts payable and accrued expenses | $2,864 |
| 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 | $83,265 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $86,129 |
| Net assets without donor restrictions | $0 |
| 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 | $588,098 |
| Total liabilities and net assets/fund balances | $674,227 |
Grants Awarded
Over the last fiscal year, Olympia Community Solar has awarded $107,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SUNFLOWER LLC PURPOSE: solar management project | $10,000 |
PANZA AKA QUIXOTE VILLAGE PURPOSE: solar management project | $97,000 |