Solar Business Institute
EIN: 474703858 · Washington, DC · NTEE: C05
| Metric | Value |
|---|---|
| Total Revenue | $477K |
| Total Expenses | $172K |
| Net Assets | $339K |
Is Solar Business Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Solar Business Institute
Solar Business Institute (EIN: 474703858) is a nonprofit organization based in Washington, DC, classified under NTEE code C05. The organization reported total revenue of $477K and total assets of $339K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solar Business Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Solar Business Institute is a small nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2017–2021). Revenue has grown at a compound annual rate of 33.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $477K |
| Total Expenses | $172K |
| Surplus / Deficit | +$305K |
| Total Assets | $339K |
| Net Assets | $339K |
| Operating Margin | 64.0% |
| Months of Reserves | 23.7 months |
Financial Health Grade: A
In 2021, Solar Business Institute reported a surplus of $305K with revenue exceeding expenses, holds 23.7 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2017–2021), Solar Business Institute's revenue has grown at a compound annual growth rate (CAGR) of 33.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +164.1% | -30.1% | +902.9% |
| 2020 | +11.4% | +174.0% | -65.9% |
| 2019 | +45.3% | -49.3% | +271.2% |
| 2018 | -25.7% | +149.3% | -71.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Solar Business Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Solar Business Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $305K, with revenue exceeding expenses.
Frequently Asked Questions about Solar Business Institute
Is Solar Business Institute a legitimate charity?
Solar Business Institute (EIN: 474703858) is a registered tax-exempt nonprofit based in Washington DC. It has 5 years of IRS 990 filings on record. Total revenue: $477K. No red flags identified. Financial health grade: A.
How does Solar Business Institute spend its money?
Solar Business Institute reported $477K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Solar Business Institute tax-deductible?
Solar Business Institute is registered as a tax-exempt nonprofit (EIN: 474703858). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Solar Business Institute located?
Solar Business Institute is headquartered in Washington, Washington DC and files with the IRS under EIN 474703858. It is classified under NTEE code C05.
How many years of IRS 990 filings does Solar Business Institute have?
Solar Business Institute has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $477K in total revenue.
Filing History
IRS 990 filing history for Solar Business Institute showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2017–2021), Solar Business Institute's revenue has grown by 217.8%, moving from $150K to $477K. Total assets increased by 267.5% over the same period, from $92K to $339K. Total functional expenses rose by 142%, from $71K to $172K. In its most recent filing year (2021), Solar Business Institute reported a surplus of $305K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $477K | $172K | $339K | $0 | — | View 990 |
| 2020 | $181K | $246K | $34K | $0 | — | View 990 |
| 2019 | $162K | $90K | $99K | $0 | — | View 990 |
| 2018 | $112K | $177K | $27K | $0 | — | View 990 |
| 2017 | $150K | $71K | $92K | $0 | — | — |
Year-by-Year Financial Summary
- 2021: Revenue of $477K, expenses of $172K, and assets of $339K (revenue +164.1% year-over-year).
- 2020: Revenue of $181K, expenses of $246K, and assets of $34K (revenue +11.4% year-over-year).
- 2019: Revenue of $162K, expenses of $90K, and assets of $99K (revenue +45.3% year-over-year).
- 2018: Revenue of $112K, expenses of $177K, and assets of $27K (revenue -25.7% year-over-year).
- 2017: Revenue of $150K, expenses of $71K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Solar Business Institute:
Data Sources and Methodology
This transparency report for Solar Business Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.