Solar Electric Light Fund
EIN: 521701564 · Washington, DC · NTEE: C300
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.1M |
| Net Assets | $768K |
Is Solar Electric Light Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Solar Electric Light Fund
Solar Electric Light Fund (EIN: 521701564) is a nonprofit organization based in Washington, DC, classified under NTEE code C300. The organization reported total revenue of $1.5M and total assets of $813K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solar Electric Light Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Solar Electric Light Fund is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $971K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-101,771 |
| Total Assets | $796K |
| Total Liabilities | $28K |
| Net Assets | $768K |
| Operating Margin | -10.5% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 8.9 months |
Financial Health Grade: B
In 2023, Solar Electric Light Fund reported a deficit of $102K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Solar Electric Light Fund's revenue has declined at a compound annual growth rate (CAGR) of -10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.0% | -38.2% | -12.2% |
| 2022 | -61.5% | -15.2% | -39.9% |
| 2021 | +62.6% | -13.9% | +228.3% |
| 2020 | +18.2% | +22.7% | -49.0% |
| 2019 | -22.5% | -17.2% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Solar Electric Light Fund 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 Electric Light Fund 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $102K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.5%.
Frequently Asked Questions about Solar Electric Light Fund
Is Solar Electric Light Fund a legitimate charity?
Solar Electric Light Fund (EIN: 521701564) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: B.
How does Solar Electric Light Fund spend its money?
Solar Electric Light Fund reported $1.5M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Solar Electric Light Fund tax-deductible?
Solar Electric Light Fund is registered as a tax-exempt nonprofit (EIN: 521701564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Solar Electric Light Fund located?
Solar Electric Light Fund is headquartered in Washington, Washington DC and files with the IRS under EIN 521701564. It is classified under NTEE code C300.
How many years of IRS 990 filings does Solar Electric Light Fund have?
Solar Electric Light Fund has 13 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Solar Electric Light Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Solar Electric Light Fund's revenue has declined by 71.6%, moving from $3.4M to $971K. Total assets decreased by 73.5% over the same period, from $3.0M to $796K. Total functional expenses fell by 63.9%, from $3.0M to $1.1M. In its most recent filing year (2023), Solar Electric Light Fund reported a deficit of $102K, with expenses exceeding revenue. The organization holds $28K in liabilities against $796K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $768K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $971K | $1.1M | $796K | $28K | — | — |
| 2022 | $1.2M | $1.7M | $906K | $36K | — | — |
| 2021 | $3.2M | $2.0M | $1.5M | $148K | — | View 990 |
| 2020 | $2.0M | $2.4M | $459K | $417K | — | — |
| 2019 | $1.7M | $1.9M | $901K | $470K | — | View 990 |
| 2018 | $2.2M | $2.3M | $955K | $271K | — | View 990 |
| 2017 | $4.6M | $4.5M | $1.5M | $609K | — | View 990 |
| 2016 | $3.0M | $3.2M | $2.4M | $1.6M | — | View 990 |
| 2015 | $2.8M | $2.9M | $1.8M | $831K | — | View 990 |
| 2014 | $2.6M | $3.2M | $1.6M | $570K | — | View 990 |
| 2013 | $2.0M | $2.6M | $2.0M | $360K | — | View 990 |
| 2012 | $2.7M | $3.3M | $2.4M | $225K | — | View 990 |
| 2011 | $3.4M | $3.0M | $3.0M | $152K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $971K, expenses of $1.1M, and assets of $796K (revenue -22.0% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.7M, and assets of $906K (revenue -61.5% year-over-year).
- 2021: Revenue of $3.2M, expenses of $2.0M, and assets of $1.5M (revenue +62.6% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.4M, and assets of $459K (revenue +18.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.9M, and assets of $901K (revenue -22.5% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.3M, and assets of $955K (revenue -52.5% year-over-year).
- 2017: Revenue of $4.6M, expenses of $4.5M, and assets of $1.5M (revenue +50.9% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.2M, and assets of $2.4M (revenue +7.5% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.9M, and assets of $1.8M (revenue +7.1% year-over-year).
- 2014: Revenue of $2.6M, expenses of $3.2M, and assets of $1.6M (revenue +31.6% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.6M, and assets of $2.0M (revenue -25.5% year-over-year).
- 2012: Revenue of $2.7M, expenses of $3.3M, and assets of $2.4M (revenue -21.5% year-over-year).
- 2011: Revenue of $3.4M, expenses of $3.0M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Solar Electric Light Fund:
Data Sources and Methodology
This transparency report for Solar Electric Light Fund 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.