Overview

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Est.

2021

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

BLACK OWNERS OF SOLAR SERVICES is a nonprofit organization dedicated to providing sustained access to equitable opportunities in clean energy, focusing on education. With an operating budget of $2.2 million and total revenue of $2.6 million for the filing year 2024, the organization is supported by significant funders including Amalgamated Charitable Foundation Inc, THE SCHMIDT FAMILY FOUNDATION, and THE KRESGE FOUNDATION. Notably, no single funder contributes 50% or more of its revenue. For more information, visit www.blacksolar.org.

Mission Statement

THE ORGANIZATION'S MISSION IS TO PROVIDE SUSTAINED ACCESS TO EQUITABLE OPPORTUNITIES IN CLEAN ENERGY.
Revenues
$2.6M
Expenses
$2.2M
Net Income:
+$416.4K
Assets
$876.5K
Liabilities
$131.1K
Net Assets:
+$745.4K
Operating Budget
$2.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$225K
Largest grant received
$250K
D
Dresden Farrand
Board Member
S
Sheryl Riggs
Board Member
D
Dana Clare Redden
Board Member

Frequently Asked Questions

What is BLACK OWNERS OF SOLAR SERVICES’s budget?
In 2024, BLACK OWNERS OF SOLAR SERVICES reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does BLACK OWNERS OF SOLAR SERVICES support?
BLACK OWNERS OF SOLAR SERVICES supports work in Education.
Where does BLACK OWNERS OF SOLAR SERVICES operate?
BLACK OWNERS OF SOLAR SERVICES is headquartered in Oxford, NC.
Who funded BLACK OWNERS OF SOLAR SERVICES recently?
In 2024, BLACK OWNERS OF SOLAR SERVICES received grants from THE KRESGE FOUNDATION, Amalgamated Charitable Foundation Inc, and THE SCHMIDT FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BLACK OWNERS OF SOLAR SERVICES received in 2024?
The largest grant to BLACK OWNERS OF SOLAR SERVICES in 2024 exceeds $250 thousand.
What is BLACK OWNERS OF SOLAR SERVICES’s reliance on government grants?
BLACK OWNERS OF SOLAR SERVICES relied on government grants for more than 60% of their total revenue in 2024.