Solar Rating & Certification Corp
EIN: 521220979 · Cntry Clb Hls, IL
| Metric | Value |
|---|---|
| Total Revenue | $471K |
| Total Expenses | $482K |
| Net Assets | $-663,033 |
Is Solar Rating & Certification Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Solar Rating & Certification Corp
Solar Rating & Certification Corp (EIN: 521220979) is a nonprofit organization based in Cntry Clb Hls, IL. The organization reported total revenue of $471K and total assets of $316K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solar Rating & Certification Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Solar Rating & Certification Corp is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $503K |
| Total Expenses | $482K |
| Surplus / Deficit | +$21K |
| Total Assets | $322K |
| Total Liabilities | $985K |
| Net Assets | $-663,033 |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 305.9% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2023, Solar Rating & Certification Corp reported a surplus of $21K with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 305.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Solar Rating & Certification Corp's revenue has declined at a compound annual growth rate (CAGR) of -7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.8% | -4.9% | -6.1% |
| 2022 | +14.2% | +8.5% | +14.9% |
| 2021 | +12.4% | +2.3% | +18.5% |
| 2020 | -10.8% | +2.5% | -8.3% |
| 2019 | -10.1% | -11.9% | +12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Solar Rating & Certification Corp 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 Rating & Certification Corp 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 surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 305.9%.
Frequently Asked Questions about Solar Rating & Certification Corp
Is Solar Rating & Certification Corp a legitimate charity?
Solar Rating & Certification Corp (EIN: 521220979) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $471K. No red flags identified. Financial health grade: A.
How does Solar Rating & Certification Corp spend its money?
Solar Rating & Certification Corp reported $471K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Solar Rating & Certification Corp tax-deductible?
Solar Rating & Certification Corp is registered as a tax-exempt nonprofit (EIN: 521220979). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Solar Rating & Certification Corp located?
Solar Rating & Certification Corp is headquartered in Cntry Clb Hls, Illinois and files with the IRS under EIN 521220979.
How many years of IRS 990 filings does Solar Rating & Certification Corp have?
Solar Rating & Certification Corp 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 $471K in total revenue.
Filing History
IRS 990 filing history for Solar Rating & Certification Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Solar Rating & Certification Corp's revenue has declined by 61.5%, moving from $1.3M to $503K. Total assets decreased by 62.9% over the same period, from $868K to $322K. Total functional expenses fell by 54.6%, from $1.1M to $482K. In its most recent filing year (2023), Solar Rating & Certification Corp reported a surplus of $21K, with revenue exceeding expenses. The organization holds $985K in liabilities against $322K in assets (debt-to-asset ratio: 305.9%), resulting in net assets of $-663,033.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $503K | $482K | $322K | $985K | — | — |
| 2022 | $557K | $506K | $343K | $1.0M | — | — |
| 2021 | $488K | $467K | $299K | $1.0M | — | View 990 |
| 2020 | $434K | $456K | $252K | $1.0M | — | — |
| 2019 | $487K | $445K | $275K | $1.0M | — | View 990 |
| 2018 | $541K | $505K | $244K | $1.0M | — | View 990 |
| 2017 | $631K | $809K | $188K | $1000K | — | — |
| 2016 | $469K | $835K | $351K | $1.0M | — | View 990 |
| 2015 | $546K | $1.1M | $117K | $533K | — | View 990 |
| 2014 | $633K | $831K | $180K | $70K | — | View 990 |
| 2013 | $615K | $905K | $500K | $152K | — | View 990 |
| 2012 | $855K | $1.1M | $671K | $39K | — | View 990 |
| 2011 | $1.3M | $1.1M | $868K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $503K, expenses of $482K, and assets of $322K (revenue -9.8% year-over-year).
- 2022: Revenue of $557K, expenses of $506K, and assets of $343K (revenue +14.2% year-over-year).
- 2021: Revenue of $488K, expenses of $467K, and assets of $299K (revenue +12.4% year-over-year).
- 2020: Revenue of $434K, expenses of $456K, and assets of $252K (revenue -10.8% year-over-year).
- 2019: Revenue of $487K, expenses of $445K, and assets of $275K (revenue -10.1% year-over-year).
- 2018: Revenue of $541K, expenses of $505K, and assets of $244K (revenue -14.2% year-over-year).
- 2017: Revenue of $631K, expenses of $809K, and assets of $188K (revenue +34.5% year-over-year).
- 2016: Revenue of $469K, expenses of $835K, and assets of $351K (revenue -14.2% year-over-year).
- 2015: Revenue of $546K, expenses of $1.1M, and assets of $117K (revenue -13.6% year-over-year).
- 2014: Revenue of $633K, expenses of $831K, and assets of $180K (revenue +2.9% year-over-year).
- 2013: Revenue of $615K, expenses of $905K, and assets of $500K (revenue -28.1% year-over-year).
- 2012: Revenue of $855K, expenses of $1.1M, and assets of $671K (revenue -34.5% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.1M, and assets of $868K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Solar Rating & Certification Corp:
Data Sources and Methodology
This transparency report for Solar Rating & Certification Corp 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.