Remote Energy EIN 81-4728589

Remote Energy

EIN  81-4728589 Public charity (501(c)(3)) Tacoma, WA
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Size
$100K–1M
What they do
Develops and installs solar energy systems globally, protecting the environment and easing poverty.
Leadership
Christopher Brooks · Managing Director · $33K
Money in and out
$422K revenue, $591K expenses
Bottom line
76% program efficiency

Develops and installs solar energy systems globally, protecting the environment and easing poverty. For fiscal year 2024 it reported $422K in revenue, $591K in expenses, and $141K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$422K
Pt VIII · Ln 12
Total expenses
$591K
Pt IX · Ln 25
Net assets
$141K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$170K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.09 Fundraising $0.14
Program efficiency
76%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
3.4mo
months of highly liquid reserves at operating expense rate▼ -60% vs prior filing year
Surplus margin
-40%
revenue over expenses, this year▼ -1785% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$422K
FY2024▼ -9%
Expenses
$591K
FY2024▲ +31%
Total assets
$173K
FY2024▼ -47%
Total liabilities
$32K
FY2024▲ +136%
Total revenue
$422K
Pt VIII · Ln 12
Total expenses
$591K
Pt IX · Ln 25
Net assets
$141K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$170K
Total assetsPt X · Ln 16$173K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $451K of program spending, described in the organization's own filed words · FY2024.
01

Project Management

Successfully managed and implemented 44 individual projects.

$234Kprogram expense
02

Instruction

In 2024 Remote Energy trained 627 people 606 were students receiving solar technician training and 21 were educators receiving solar train-the-trainers courses. New Solar Educators received 49 mentoring experiences and our teacher trainings totaled to 1371 contact hours. Gender 74% women indirect beneficiaries impacted 6,340.

$184Kprogram expense
03

Curriculum Development

In 2024 Remote Energy developed 192 hours of new curriculum for our classes. Included in that was: UAF Teacher Training 28 hours U3-U4 Labs 35 hours BRIDGE Pre Apprenticeship Program 129 hours.

$32Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRemote Energy
EINHdr · item D81-4728589
Principal addressHdr · item CTacoma, WA
WebsiteHdr · item Jwww.remoteenergy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S80)
Ruling yearIRS BMFAug 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Managing Director
$33,439Pt VII · Sec A
Chair of the Board
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Christopher Brooks’s $33K as Managing Director is at the 17th percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jason Lerner$23,031$33,723$36,225$26,109
Christopher Brooks$33,439

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$294K · 70%
Contributions & grants$128K · 30%
Program service revenue70%$294K
Contributions & grants30%$128K
Investment income$437
Total revenueLn 12$422K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.09 Fundraising $0.14
Program services76%$451K
Management & general9%$55K
Fundraising14%$85K
Total functional expensesLn 25$591K

Balance Sheet

Part X · end of year
CashLn 1$169K
Total assetsLn 16$173K
Total liabilitiesLn 26$32K
Total net assetsLn 32$141K
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $169K · Operating expenses/yr $591K
3.4 months
Where the money goes
Program services
Program services $451K · Total expenses $591K
76%
Management & General
Management & general $55K · Total expenses $591K
9%
Fundraising
Fundraising $85K · Total expenses $591K
14%
Cost to raise $1
Fundraising expense (3-yr avg) $61K · Solicited contributions (3-yr avg) $277K
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $128K · Total revenue $422K
30%
Government reliance
Government grants $0 · Total revenue $422K
0%
Earned-income share
Program service revenue $294K · Total revenue $422K
70%
Investment reliance
Investment income $437 · Total revenue $422K
0%
Program self-sufficiency
Program service revenue $294K · Total expenses $591K
50%
Growth & trend
Revenue growth (YoY)
This year $422K · Prior year $463K
-9%
Revenue CAGR
FY2020 $286K · FY2024 $422K
+10%
Net-asset trend (YoY)
End of year $141K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $422K · Expenses $591K
-40%
Liabilities-to-Assets
Total liabilities — · Total assets $173K
Net-asset ratio
Net assets $141K · Total assets $173K
81%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $173K
0%
People & payroll
Highest Reported Total Compensation
Individual Christopher Brooks · Reported title Managing Director · Highest reported compensation $33K · Total expenses $591K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $297K · Total expenses $591K
50%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 9%
Fundraising cost ratio 67%
Revenue growth -9%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 4%
Fundraising fee ratio 7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$53K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$422K revenue · viewing · ⤓ 990 PDF
FY2023$463K revenue · ⤓ 990 PDF
FY2022$560K revenue · ⤓ 990 PDF
FY2021$669K revenue · ⤓ 990 PDF
FY2020$286K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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