LET'S SHARE THE SUN FOUNDATION

EIN: 352361894 501(c)(3) Environment

TROY, NY

Total Revenue
$606,660
Total Expenses
$607,790
Total Assets
$83,224
Net Assets
$69,566
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Principal Officer
MOLLIE WELSH KRUGER
Phone
5183261104
Tax Period
2024-01-01 to 2024-12-31

LET'S SHARE THE SUN FOUNDATION, founded in 2010, is a small nonprofit in the Environment sector that reported $607K in total revenue in fiscal year 2024. Revenue surged 406% from the prior year, signaling strong growth momentum.

Mission

THE FOUNDATION ASPIRES TO FACILITATE THE USE OF SOLAR ENERGY IN POOR COMMUNITIES AROUND THE WORLD WHERE HARNESSING THE POWER OF THE SUN WILL ENHANCE THE QUALITY OF LIFE OF THOSE COMMUNITIES. THE FOUNDATION HELPS INSTALL SOLAR POWER IN SOME OF THE POOREST PARTS OF THE WORLD, INCLUDING AFRICA, ASIA AND LATIN AMERICA; PLACES THAT ARE RICH IN THEIR ACCESS TO THE SUN BUT LACK FUNDAMENTAL RESOURCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $606,660
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $606,660

Expense Breakdown

Grants Paid $5,075
Salaries & Benefits $67,917
Fundraising Expenses $0
Program Expenses $546,158
Other Expenses $534,798
TOTAL EXPENSES $607,790

Year-over-Year Comparison

2024 2023 Change
Revenue $606,660 $119,903 +4.1%
Expenses $607,790 $290,640 +1.1%
Net Income $-1,130 $-170,737 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
N/A
Employees
4
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOLLIE WELSH KRUGER PRESIDENT (1 5.00
Officer Director
$0 $0 $0
NANCY BRENNAN-JORDAN SECRETARY 5.00
Officer Director
$0 $0 $0
JIM KELLY TREASURER 1.00
Officer Director
$0 $0 $0
WILLIAM JORDAN BOARD EMERIT 1.00
Officer Director
$0 $0 $0
JAKE YUREK BOARD MEMBER 1.00
Officer Director
$0 $0 $0
LUKE LEWANDOWSKI BOARD MEMBER 1.00
Officer Director
$0 $0 $0
GINGER SIGMON BOARD MEMBER 1.00
Officer Director
$0 $0 $0
JANET JOSEPH BOARD MEMBER 1.00
Officer Director
$0 $0 $0
JOHN MORAN BOARD MEMBER 0.25
Officer Director
$0 $0 $0
JOE MARTENS BOARD MEMBER 0.50
Officer Director
$0 $0 $0
MARY AGNES LAGUANTAN BOARD MEMBER 0.25
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $606,660 $607,790 $83,224 $-1,130
2024 No data No data No data No data
2023 $119,903 $290,640 $71,755 $-170,737
2022 $241,239 $76,023 $241,911 $165,216
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