Oregon Solar Energy Education Fund

Nonprofit profile at a glance

EIN
834335546
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2019
Location
Portland, OR, USA
Phone
5038673378
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Land Resources Conservation

Reported finances

Revenue
$691,122
Expenses
$471,019
Assets
$261,615
Liabilities
$2,627

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • EVAN RAMSEY (PRESIDENT)

Highest reported compensation

  • ANGELA CROWLEY-KOCH (EXECUTIVE DI): $23,952 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

What is the organization's primary exempt purpose: the purposes of Oregon solar energy education fund are exclusively those allowed for organizations defined under 501(c)(3) of the internal revenue code. In acknowledgment of the fact that the sun provides us with vast amounts of untapped energy in the form of direct solar radiation, wind currents, biomass growth, and ocean temperature gradients, the Oregon solar energy education fund is incorporated to promote solar energy development in accord with the following purposes: (a) to promote, foster and advance, through cooperative action of the solar energy industry of the state served by the education fund, the economic application and public understanding of solar energy. (b) to provide cooperation and liaison with other persons, organizations and institutions having an interest in solar energy. (c) to cooperate in and contribute towards the enhancement of widespread understanding of the various applications of solar energy through publ

What it reported doing in 2024

Oseef's largest accomplishment was implementing programs to make the solar workforce more inclusive, as demonstrated both by staff salary and by sub- grant expenses. Our second largest success was participating in regulatory processes to increase access to solar, as expressed by our staff salaries.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

STRONG - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.2%; rating input score 59
  • Program expense ratio: 86.9%; rating input score 87
  • Fundraising efficiency: $154.63 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 31.8%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 0.56; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 5.1%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 37.3% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 33.5% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 33.5% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 59.2% of revenue deployed · 86.9% of spending went to programs
  • Governance: 5 of 5 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $409K in reported program spending
  • Leadership: top reported pay $24K · 6 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 53/100.