LET'S SHARE THE SUN FOUNDATION

EIN: 352361894 501(c)(3) Environment

TROY, NY

Total Revenue
$2,108,013
Total Expenses
$1,880,612
Total Assets
$518,036
Net Assets
$296,967
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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
2025-01-01 to 2025-12-31

LET'S SHARE THE SUN FOUNDATION, founded in 2010, is a community nonprofit in the Environment sector that reported $2.1M in total revenue in fiscal year 2025. Revenue surged 247% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 11% surplus.

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.

Program Service Accomplishments

Program 1
Expenses: $1,771,373

SOLAR INSTALLATION TO BRING ELECTRICITY TO HOSPITALS, CLINICS, SCHOOLS, AND COMMUNITY GATHERING AREAS TO THE POOREST PARTS OF THE WORLD, INCLUDING AFRICA, ASIA AND LATIN AMERICA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,108,013
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,108,013

Expense Breakdown

Grants Paid $0
Salaries & Benefits $202,233
Fundraising Expenses $12,256
Program Expenses $1,771,373
Other Expenses $1,678,379
TOTAL EXPENSES $1,880,612

Year-over-Year Comparison

2025 2024 Change
Revenue $2,108,013 $606,660 +2.5%
Expenses $1,880,612 $607,790 +2.1%
Net Income $227,401 $-1,130 -202.2%
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
12
Independent Members
12
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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY BRENNAN-JORDAN BOARD MEMBER 5.00
Director
$0 $0 $0
MOLLIE WELSH KRUGER PRESIDENT 5.00
Officer Director
$0 $0 $0
JOSEPH MARTENS VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
MARY AGNES LAGUATAN SECRETARY 0.25
Officer Director
$0 $0 $0
LUKE LEWANDOWSKI BOARD MEMBER 1.00
Director
$0 $0 $0
JANET JOSEPH BOARD MEMBER 1.00
Director
$0 $0 $0
JAKE YUREK BOARD MEMBER 1.00
Director
$0 $0 $0
GINGER SIGMON BOARD MEMBER 1.00
Director
$0 $0 $0
SY KIM BOARD MEMBER 1.00
Director
$0 $0 $0
TIM MCCORRY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MORAN BOARD MEMBER 0.25
Director
$0 $0 $0
WILLIAM JORDAN BOARD EMERITUS 1.00
Director
$0 $0 $0
JAMES J KELLY JR TREASURER 1.00
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
2025 $2,108,013 $1,880,612 $518,036 $227,401
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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