UNITED SOLAR INITIATIVE INC (EIN 464347192) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

SAMANTHA CHILDRESS

Phone

9199606015

Tax Period

2023-01-01 to 2023-12-31

UNITED SOLAR INITIATIVE INC, founded in 2013, is a micro nonprofit in the Environment sector that reported $12K in total revenue in fiscal year 2023. The organization ran a surplus of $11K, a strong 92% operating margin.

Mission

USI IS A NONPROFIT CORPORATION THAT AIMS TO DELIVER PHOTOVOLTAIC(SOLAR ENERGY) SYSTEMS THAT PROVIDE LIGHTING, GENERAL ELECTRICAL NEEDSAND WATER PUMPING CAPABILITIES TO UNDER PRIVILEGED PERSONS IN THE USAND DEVELOPING COUNTRIES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,416

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,416

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $951

TOTAL EXPENSES $951

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,416	$12,778	0.0%
Expenses	$951	$2,999	-0.7%
Net Income	$11,465	$9,779	+0.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAMANTHA CHILDRESS	PRESIDENT	5.00	Officer Director	$0	$0	$0
EDWARD WITKIN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JACK SCHAUFLER	SECRETARY	5.00	Officer Director	$0	$0	$0
STEVEN THOMSEN	DIRECTOR	5.00	Director	$0	$0	$0
JON RUTH	DIRECTOR	5.00	Director	$0	$0	$0
CHARLOTTE BROWN	DIRECTOR	5.00	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	No data	No data	No data	No data
2023	$12,416	$951	$65,238	$11,465
2022	$12,778	$2,999	$53,773	$9,779
2021	$3,285	$20,081	$43,994	$-16,796
2020	$19,931	$20,263	$60,790	$-332
2019	$10,940	$20,037	$61,122	$-9,097
2018	$42,483	$44,327	$70,219	$-1,844

UNITED SOLAR INITIATIVE INC