OXFORD, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BLACK OWNERS OF SOLAR SERVICES, founded in 2021, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 533% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 9% surplus.
THE ORGANIZATION'S MISSION IS TO PROVIDE SUSTAINED ACCESS TO EQUITABLE OPPORTUNITIES IN CLEAN ENERGY.
2023 EQUITABLE CLEAN ENERGY ADVANCEMENT INITIATIVE:IN 2023, OUR ORGANIZATION SUPPORTED MINORITY-OWNED BUSINESSES IN THE SOUTHEAST REGION, EMPOWERING THEM TO ENGAGE, EXPAND, AND BUILD SUSTAINABLE...
2023 EQUITABLE CLEAN ENERGY ADVANCEMENT INITIATIVE:IN 2023, OUR ORGANIZATION SUPPORTED MINORITY-OWNED BUSINESSES IN THE SOUTHEAST REGION, EMPOWERING THEM TO ENGAGE, EXPAND, AND BUILD SUSTAINABLE GROWTH WITHIN THE CLEAN AND RENEWABLE ENERGY SECTOR. THROUGH THIS INITIATIVE, WE PROMOTED EQUITABLE ACCESS TO RESOURCES, HELPING THESE BUSINESSES OVERCOME BARRIERS AND CONTRIBUTE TO THE CLEAN ENERGY LANDSCAPE. THE PROGRAM SERVICED 25 BUSINESSES IN 2023.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,375,274 | $217,195 | +5.3% |
| Expenses | $1,253,788 | $9,878 | +125.9% |
| Net Income | $121,486 | $207,317 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| AJULO OTHOW | PRESIDENT | 7.00 |
Officer
Director
|
$0 | $0 | $0 |
| WALTER MCLEOD | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR MICHAEL DORSEY | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHERYL RIGGS | EXECUTIVE DIRECTOR | 40.00 |
Director
|
$29,783 | $0 | $29,783 |
| DANA CLARE REDDEN | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| TONYA HICKS | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JAY CUTTING | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRISTIAN WARREN | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JAMEZ STAPLES | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| REGINA SPEED-BOST | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JESSICA BALLARD THIESSEN | FORMER DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,375,274 | $1,253,788 | $472,576 | $121,486 |
| 2022 | $217,195 | $9,878 | $216,167 | $207,317 |
Compare BLACK OWNERS OF SOLAR SERVICES with other nonprofits in North Carolina and across the country.