SOULARDARITY

EIN: 472733535 501(c)(3) Environment

Highland Park, MI

Total Revenue
$568,440
Total Expenses
$953,160
Total Assets
$522,036
Net Assets
$468,313
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MI
Principal Officer
Shimekia Nichols
Phone
3133491063
Tax Period
2023-01-01 to 2023-12-31

SOULARDARITY, founded in 2012, is a small nonprofit in the Environment sector that reported $568K in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $953K exceeded revenue, resulting in a 68% operating deficit.

Mission

Soulardarity is working to install solar-powered streetlights, save money on energy bills, and work together with Highland Park, MI and neighboring communities to build a just and equitable energy system for all. Soulardarity endeavors to achieve this goal through education, organizing, and people-powered clean energy.

Program Service Accomplishments

Program 1
Expenses: $476,580 Revenue: $0

Movement Building. State-Level Energy Democracy- a series of campaigns and coalition work to achieve affordability, health, and community-owned clean energy aimed at DTE, the MI Public Service...

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Movement Building. State-Level Energy Democracy- a series of campaigns and coalition work to achieve affordability, health, and community-owned clean energy aimed at DTE, the MI Public Service Commission, and the legislature. Soulardarity is the only community-based organization with a strong legal presence at the MPSC fighting and building toward goals of racial and economic justice. We have leveraged legal intervention with public campaign work to win material victories to rate payers of SE Michigan including stopping regressive rate hikes, getting concessions from DTE to build low-income benefitting solar projects, and getting public health considered in energy decisions.

Program 2
Expenses: $476,580 Revenue: $0

Asset Development: Highland Park Campaign Team-a campaign to make Highland Park, MI a global model of sustainability and self-determination, targeted at the City of Highland Park, organized around...

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Asset Development: Highland Park Campaign Team-a campaign to make Highland Park, MI a global model of sustainability and self-determination, targeted at the City of Highland Park, organized around the Blueprint for Energy Democracy, the product of seven years of community organizing, research, and democratic practice and guide for our multi-issue work. Grow Solar Highland Park-Detroit-a public education and bulk purchasing program that makes going solar easier and more affordable. Creates access to energy-related products and services for Low-to-Moderate-Income ratepayers and members in support of a just transition to clean energy. Eligibility extends to property owners throughout the Detroit metro area and Wayne County. Once per year we offer the MREA sponsored RiseUP Training course established in 2020 to support workforce development efforts and expand employment access in advanced energy by providing solar training scholarships and facilitation paid solar internships. Graduates of the RiseUP Training Program provide students with free, hands-on solar training that can take them from "square one" all the way to their NABCP PV Associate Exam. We are currently working with Polar Bear Sustainable Energy Co-op to implement a home solar bulk purchase program and weatherization/home repair program as case studies of community wealth building through clean energy. Under this program we are preparing to launch a Loan Loss Reserve program - a credit enhancement approach commonly used by state and local governments to provide partial risk coverage to lenders--meaning that the reserve will cover a pre-specified amount of loan losses for those looking to weatherize, electrify, and participate in the bulk purchase or solarize their homes.

Program 3
Expenses: $0 Revenue: $0

there is only two program areas to report on

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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 (2023)

Revenue Breakdown

Contributions & Grants $568,177
Program Service Revenue $0
Investment Income $263
Other Revenue $0
TOTAL REVENUE $568,440

Expense Breakdown

Grants Paid $7,833
Salaries & Benefits $329,966
Fundraising Expenses $0
Program Expenses $953,160
Other Expenses $615,361
TOTAL EXPENSES $953,160

Year-over-Year Comparison

2023 2022 Change
Revenue $568,440 $1,270,326 -0.6%
Expenses $953,160 $925,242 +0.0%
Net Income $-384,720 $345,084 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
7
Volunteers
30

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
1
$0
Total Directors
6
$0
Key Employees
1
$68,896
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shimekia Nichols Executive Director 40
Key Emp
$68,896 $0 $68,896
Stacye Jones Director 2
Director
$0 $0 $0
Michelle F Jones Director 2
Director
$0 $0 $0
Kimberly McDade Director 2
Director
$0 $0 $0
Jeana Tall Treasurer 2
Director
$0 $0 $0
Camille Sippel Secretary 2
Director
$0 $0 $0
Nancy Gambrill Vice President 2
Director
$0 $0 $0
Kenneth Bates President 2
Officer
$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 $568,440 $953,160 $522,036 $-384,720
2022 $1,270,326 $925,242 $907,274 $345,084
2021 $318,657 $425,622 $466,751 $-106,965
2020 $739,376 $520,474 $404,943 $218,902
2019 $331,793 $296,977 $174,431 $34,816
2018 $322,392 $318,425 $142,217 $3,967
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