Gigawatt Impact Inc

Nonprofit profile at a glance

EIN
992814492
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Miami, FL, USA
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Energy Resources Conservation and Development

Reported finances

Revenue
$116,125
Expenses
$132,235
Assets
$11,419
Liabilities
$90,000

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • Weldon Turner (Founder)
  • Howie Rodenstein (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The team at Gigawatt Impact a U.S. 501c3 non-profit has a proven track record of developing solar and agrivoltaic projects that bring economic and social benefits to rural and historically marginalized communities. A key focus is working with Historically Black Colleges and Universities HBCUs and African American farmers helping them access funding technology and infrastructure to build a sustainable energy future. Gigawatt Impact provides a range of opportunities to drive energy equity and climate justice from small- scale projects benefiting individual institutions to utility-scale solar fields that can power entire communities. Our initiatives are categorized into small medium and large projects with short- mid- and long-term timelines.

What it reported doing in 2025

Energy Hubs Pilot in Burundi Nyamugari Pilot:

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 36
  • Transparency & Controls: 100
  • Sustainability: 15
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 37.2%; rating input score 37
  • Program expense ratio: 32.7%; rating input score 33

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -13.9%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 7.88; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -112.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 10.5% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: -82.7% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 37.2% of revenue deployed · 32.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $43K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 33/100.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.