Solhomes INC

Chevy Chase, MDUnknown exempt organization EIN 84-4458904Revenue $215K in FY2021

On file with the IRS2317 Ashboro Dr · Chevy Chase, MD

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SolHomes supports resilient and sustainable energy for critical infrastructure in emerging economies

100¢ of each $1 spent went to programs.
Run by 85 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $22K a year · 9% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$215K
-25% vs prior year
Spent
$448K
To programs
100%
Net assets
$50K
By yearFY2020–FY2021
Revenue
$215K
FY2021▼ -25%
Tap a bar for its year
Revenue by fiscal year
FY2020$287K
FY2021$215K
Expenses
$448K
FY2021▲ ×44
Tap a bar for its year
Expenses by fiscal year
FY2020$10K
FY2021$448K
Net assets
$50K
FY2021▼ -82%
Tap a bar for its year
Net assets by fiscal year
FY2020$283K
FY2021$50K

From the FY2021 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $448K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary Vice President
$0Pt VII · Sec A
Treasurer Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Solhomes INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides resilient, sustainable energy for essential infrastructure in developing nations.

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Provided by the organization

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3 programs · $347K · in their own filed words · FY2021
01

In 2020 SolHomes started a solar solar-powered net-zero energy home project for the US Department of Energy Solar Decathlon Build Challenge which will be donated to Habitat for Humanity. SolHomes oversees the finance and construction of this net-zero energy home.

$332Kprogram expense
02

Kalika Khetu is a remote village located in the Jumla district of western Nepal. Its health center serves as a medical clinic and birthing center to approximately 4,500 people from the village of Kalika Khetu and surrounding communities.

$10Kprogram expense
03

Footprint Project deploys Solar + Batteries to those who need them the most after climate disasters. They have been on the ground in response to Hurricane Ida since Sep 3 2021. Footprint Project will remain in South-East Louisiana until the lights come back on in communities hardest hit by the storm.

$5Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $15K · 2021–2021
Grid AlternativesCA · FY2021$10,000
Footprint ProjectLA · FY2021$5,050

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$215K
Ln 12
Gifts and grantsLn 1h$215K
Money outPt IX
$448K
Ln 25
Programscol B$448K
Owns and owesPt X
$50K
net assets · Ln 32
Cash and savingsLn 1–2$50K
Total assetsLn 16$50K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$215K
Government grantsLn 1e$26K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$215K
Assets in detailPt X, end of year
CashLn 1$50K
SavingsLn 2$0
Cash and savings togetherLn 1–2$50K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$50K
LiabilitiesLn 26$0
Net assetsLn 32$50K
OperationsPt I, VI
EmployeesI 50
VolunteersI 685
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$283K$50K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$6K$0
Total assetsLn 16$283K$50K
LiabilitiesLn 26$0$0
Net assetsLn 32$283K$50K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$16K$16K
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Management feesLn 11a$415K$415K$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$12K$12K$0$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$4K$4K$0$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$891$891$0$0
Other expenses (24a–d)Ln 24$640$640$0$0
Total functional expensesLn 25$448K$448K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $215K$448K−$233K$50K 990 PDF
FY2020 $287K$10K$277K$283K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $214,572 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $287,295$214,572
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $287,295$214,572
I-13 Grants and similar amounts paidPrior year $0$16,050
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $10,279$431,583
I-18 Total expensesPrior year $10,279$447,633
I-19 Revenue less expensesPrior year $277,016−$233,061
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $214,572 across 13 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$26,000
VIII-1f All other contributions, gifts and grants$188,572
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$214,572
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$214,572
Part IX · Statement of functional expenses $447,633 across 23 lines filed
IX-1 Grants to domestic organizationsPrograms $16,050$16,050
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-11a Management feesPrograms $414,908 · Management $0 · Fundraising $0$414,908
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $11,626 · Management $0 · Fundraising $0$11,626
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $3,518 · Management $0 · Fundraising $0$3,518
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $891 · Management $0 · Fundraising $0$891
IX-24 Other expenses (24a–d)Programs $640 · Management $0 · Fundraising $0$640
IX-25 Total functional expensesPrograms $447,633 · Management $0 · Fundraising $0$447,633
Part X · Balance sheet $50,345 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $283,406$50,345
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $6,390$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $283,406$50,345
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $283,406$50,345
X-33 Total liabilities and net assetsStart of year $283,406$50,345
Part XI · Reconciliation of net assets $50,345 net assets at year end
XI-1 Total revenue$214,572
XI-2 Total expenses$447,633
XI-3 Revenue less expenses−$233,061
XI-4 Net assets at start of year$283,406
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$50,345

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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