Illini Solar Car
- Assets
- $2.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Urbana, IL
- Founding
- Data as of
- 08/2022
- EIN
- 84-3504666
Organization Overview
Illini Solar Car is located in Urbana, IL. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illini Solar Car 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 08/2022, Illini Solar Car generated $38.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $58.1k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Chmiel Director, President | 15 | $0 | |
Jared Frank Director, Secretary | 10 | $0 | |
Rishi Mohan Director, Alumni Coordinator | 10 | $0 | |
Selis Yaltkaya Director, Engineering Lead | 15 | $0 | |
Bhaven Shah Director, Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,072 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,072 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $742 |
| Other expenses | $57,352 |
| Total expenses | $58,094 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,011 |
| Other assets | $0 |
| Total assets | $2,011 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,011 |