Sunwork Renewable Energy Projects
- Assets
- $728.9k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 10
- Location
- Milpitas, CA
- Founding
- 10/2006
- Data as of
- 05/2021
- EIN
- 55-0909278
Organization Overview
Sunwork Renewable Energy Projects is located in Milpitas, CA. The organization was established in 2006. According to its NTEE Classification (U11) the organization is classified as: Single Organization Support, under the broad grouping of Science & Technology and related organizations. As of 05/2021, Sunwork Renewable Energy Projects employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunwork Renewable Energy Projects 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 05/2021, Sunwork Renewable Energy Projects generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $1.7m during the year ending 05/2021. While expenses have increased by 6.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO CARRY OUT VOLUNTEER-ASSISTED SOLAR PHOTOVOLTAIC SYSTEM INSTALLATIONS, THEREBY REDUCING THE COST OF THESE INSTALLATIONS IN ORDER TO MAKE THEM FEASIBLE AND ATTRACTIVE FOR A BROADER CUSTOMER SET, WHILE PROVIDING TRAINING AND HANDS-ON EXPERIENCE WITH VOCATIONAL VALUE TO VOLUNTEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REDUCED-COST SOLAR PHOTOVOLTAIC SYSTEM INSTALLATION: 120 REDUCED-COST RESIDENTIAL RETROFIT GRID-TIED SOLAR PHOTOVOLTAIC SYSTEMS INSTALLED FOR LOW-ENERGY-USE HOMEOWNERS, FOR A TOTAL OF 557.2 KILOWATTS OF RESIDENTIAL GENERATING CAPACITY. 5 REDUCED-COST NONRESIDENTIAL RETROFIT GRID-TIED SOLAR PHOTOVOLTAIC SYSTEMS INSTALLED FOR NONPROFIT ORGANIZATIONS, FOR A TOTAL OF 147.3 KILOWATTS OF NONRESIDENTIAL GENERATING CAPACITY. 704.5 KILOWATTS INSTALLED IN TOTAL. AVERAGE INSTALLED COST FOR THE RESIDENTIAL SYSTEMS BEFORE SUBSIDIES WAS $2.40/WATT, VERSUS THE LOCAL AVERAGE INSTALLED COST FOR SYSTEMS OF THE SAME TYPE OF APPROXIMATELY $2.80/WATT. AVERAGE INSTALLED COST FOR THE NONRESIDENTIAL SYSTEMS BEFORE SUBSIDIES WAS $1.95/WATT, VERSUS THE LOCAL AVERAGE INSTALLED COST FOR SYSTEMS OF THE SAME TYPE OF APPROXIMATELY $2.40/WATT.
VOLUNTEER SKILL AND SAFETY TRAINING: 7 ONLINE TRAINING SESSIONS HELD FOR A TOTAL OF 200 NEW VOLUNTEERS ATTENDING, BRINGING THE TOTAL NUMBER OF TRAINED VOLUNTEERS TO 2682. 125 FIELD SOLAR PROJECT INSTALLATIONS HELD WITH 151 VOLUNTEERS PARTICIPATING ON AT LEAST ONE INSTALLATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reuben Veek Executive And Operations Director | OfficerTrustee | 60 | $60,000 |
Michael Balma Development And Finance Director | OfficerTrustee | 6 | $7,656 |
Aimee Gotway Bailey Director | Trustee | 0 | $0 |
Tom Kabat Director | Trustee | 0 | $0 |
Julian Ryba-White Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,982 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,982 |
| Total Program Service Revenue | $1,785,637 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,870,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $67,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $366,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,085 |
| Payroll taxes | $33,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,400 |
| Advertising and promotion | -$1,205 |
| Office expenses | $2,013 |
| Information technology | $6,483 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $46,601 |
| All other expenses | $25,791 |
| Total functional expenses | $1,667,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,936 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $128,433 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $394,614 |
| Prepaid expenses and deferred charges | $23,842 |
| Net Land, buildings, and equipment | $93,332 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,702 |
| Total assets | $728,859 |
| Accounts payable and accrued expenses | $94,753 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $60,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $92,100 |
| Other liabilities | $0 |
| Total liabilities | $246,853 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $482,006 |
| Total liabilities and net assets/fund balances | $728,859 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sunwork Renewable Energy Projects has recieved totaling $7,539.
| Awarding Organization | Amount |
|---|---|
Cupertino Rotary Endowment Foundation Cupertino, CA PURPOSE: Rooftop solar for a non-profit camp | $6,000 |
Los Gatos Morning Rotary Charitable Foundation Los Gatos, CA PURPOSE: FINANCIAL SUPPORT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Public Technical Identifiers Los Angeles, CA | $273,028 | $7,444,323 |
Sunwork Renewable Energy Projects Milpitas, CA | $728,859 | $1,870,017 |
Lowell Observatory Foundation Flagstaff, AZ | $10,878,749 | $1,073,893 |
California Water Data Consortium Sacramento, CA | $860,347 | $369,847 |
Annual Reviews Investment Corporation San Mateo, CA | $129,739,149 | $41,901,443 |
Hawaii Academy Of Science Honolulu, HI | $431,202 | $278,869 |
Academy Of Science And Engineering Las Vegas, NV | $203,617 | $0 |
W Foundation Novato, CA | $619,136 | $28,301 |
Benners A Fbo Zoologic Soc 4947 Tr Uw 1513083626 Las Vegas, NV | $565,320 | $58,092 |
International Center For Ai And Robot Autonomy San Mateo, CA | $143,789 | -$289 |
Alcor Care Tr Supporting Organization 06062016 Scottsdale, AZ | $19,097,468 | $454,000 |