Solar United Neighbors
EIN: 462462990 · Washington, DC · NTEE: C35
| Metric | Value |
|---|---|
| Total Revenue | $13.7M |
| Total Expenses | $8.1M |
| Net Assets | $7.9M |
Is Solar United Neighbors Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Solar United Neighbors
Solar United Neighbors (EIN: 462462990) is a nonprofit organization based in Washington, DC, classified under NTEE code C35. The organization reported total revenue of $13.7M and total assets of $11.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solar United Neighbors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Solar United Neighbors is a large nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 41.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.2M |
| Total Expenses | $8.1M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $8.6M |
| Total Liabilities | $715K |
| Net Assets | $7.9M |
| Operating Margin | 11.8% |
| Debt-to-Asset Ratio | 8.3% |
| Months of Reserves | 12.8 months |
Financial Health Grade: A
In 2023, Solar United Neighbors reported a surplus of $1.1M with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 8.3% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Solar United Neighbors's revenue has grown at a compound annual growth rate (CAGR) of 41.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.4% | +33.5% | +16.1% |
| 2022 | -32.9% | +28.3% | +3.9% |
| 2021 | +112.3% | +27.2% | +138.9% |
| 2020 | -14.5% | -16.2% | +57.6% |
| 2019 | +75.1% | +42.7% | +88.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Solar United Neighbors 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 United Neighbors 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.3%.
Frequently Asked Questions about Solar United Neighbors
Is Solar United Neighbors a legitimate charity?
Solar United Neighbors (EIN: 462462990) is a registered tax-exempt nonprofit based in Washington DC. It has 10 years of IRS 990 filings on record. Total revenue: $13.7M. No red flags identified. Financial health grade: A.
How does Solar United Neighbors spend its money?
Solar United Neighbors reported $13.7M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Solar United Neighbors tax-deductible?
Solar United Neighbors is registered as a tax-exempt nonprofit (EIN: 462462990). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Solar United Neighbors located?
Solar United Neighbors is headquartered in Washington, Washington DC and files with the IRS under EIN 462462990. It is classified under NTEE code C35.
How many years of IRS 990 filings does Solar United Neighbors have?
Solar United Neighbors has 10 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 $13.7M in total revenue.
Filing History
IRS 990 filing history for Solar United Neighbors showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Solar United Neighbors's revenue has grown by 2148.7%, moving from $409K to $9.2M. Total assets increased by 2446.8% over the same period, from $339K to $8.6M. Total functional expenses rose by 9956.7%, from $81K to $8.1M. In its most recent filing year (2023), Solar United Neighbors reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $715K in liabilities against $8.6M in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $8.1M | $8.6M | $715K | — | View 990 |
| 2022 | $6.2M | $6.1M | $7.4M | $608K | — | — |
| 2021 | $9.2M | $4.7M | $7.2M | $407K | — | View 990 |
| 2020 | $4.3M | $3.7M | $3.0M | $688K | — | View 990 |
| 2019 | $5.1M | $4.4M | $1.9M | $269K | — | — |
| 2018 | $2.9M | $3.1M | $1.0M | $187K | — | View 990 |
| 2017 | $2.4M | $2.0M | $1.1M | $101K | — | — |
| 2016 | $1.3M | $1.1M | $689K | $39K | — | View 990 |
| 2015 | $759K | $692K | $455K | $55K | — | View 990 |
| 2014 | $409K | $81K | $339K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $8.1M, and assets of $8.6M (revenue +49.4% year-over-year).
- 2022: Revenue of $6.2M, expenses of $6.1M, and assets of $7.4M (revenue -32.9% year-over-year).
- 2021: Revenue of $9.2M, expenses of $4.7M, and assets of $7.2M (revenue +112.3% year-over-year).
- 2020: Revenue of $4.3M, expenses of $3.7M, and assets of $3.0M (revenue -14.5% year-over-year).
- 2019: Revenue of $5.1M, expenses of $4.4M, and assets of $1.9M (revenue +75.1% year-over-year).
- 2018: Revenue of $2.9M, expenses of $3.1M, and assets of $1.0M (revenue +18.8% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.0M, and assets of $1.1M (revenue +83.1% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.1M, and assets of $689K (revenue +75.0% year-over-year).
- 2015: Revenue of $759K, expenses of $692K, and assets of $455K (revenue +85.3% year-over-year).
- 2014: Revenue of $409K, expenses of $81K, and assets of $339K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Solar United Neighbors:
Data Sources and Methodology
This transparency report for Solar United Neighbors 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.