Solar Circle
- Assets
- $99.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Lansing, MI
- Founding
- 04/1996
- Data as of
- 12/2023
- EIN
- 38-3231778
Organization Overview
Solar Circle is located in East Lansing, MI. The organization was established in 1996. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solar Circle is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Solar Circle generated $97.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $102.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DISTRIBUTED 1425 LAMPS IN EXCHANGE FOR COMMUNITIES BUILDING/REPAIRING 95 HOUSES FOR PEOPLE IN NEED IN MASASI AREA, SOUTHERN TANZANIA ($47,000). FUNDS USED TO FINANCE BUILDING AND SUPPLYING A KITCHEN AT THE SCHOOL ($45,000) AND $10,000 WAS DESIGNATED FOR THE PURCHASE OF DESKS FOR BUYUNI SCHOOL PROJECT IN TANZANIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Martin President | 20 | $0 | |
Nancy Evans Vice President | 4 | $0 | |
Joan Hunault Secretary | 10 | $0 | |
Erin Black Treasurer | 10 | $0 | |
Chris Root Director | 2 | $0 | |
David Finnegan Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,347 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $994 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,666 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $170 |
| Total expenses | $102,170 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,726 |
| Other assets | $0 |
| Total assets | $99,726 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,726 |