STEP UP SOLAR INC

EIN: 993696397 501(c)(3) Education

ASBURY PARK, NJ

Total Revenue
$590,825
Total Expenses
N/A
Total Assets
$590,825
Net Assets
$590,825
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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
2024
Legal Domicile
DE
Principal Officer
SARAH PIDGEON
Phone
7322016929
Tax Period
2024-01-01 to 2024-12-31

STEP UP SOLAR INC, founded in 2024, is a small nonprofit in the Education sector that reported $591K in total revenue in fiscal year 2024.

Mission

TO BUILD ACCESS TO QUALITY CAREERS IN CLEAN ENERGY THROUGH JOB TRAINING AND EDUCATIONAL PROGRAMS.

Program Service Accomplishments

Program 1

THE ORGANIZATION WAS NEWLY FORMED AND DURING ITS INITIAL SHORT YEAR IT PRIMARILY WAS IN THE PROCESS OF DETERMINING AND DEVELOPING THE PROGRAM SERVICES IT WILL PROVIDE.

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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 $590,825
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $590,825

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $590,825 N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH PIDGEON EXECUTIVE DIRECTOR 1.00
Officer Director
$0 $0 $0
ERIC WALLACE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
ARIEL KOURVARAS SECRATARY 1.00
Officer Director
$0 $0 $0
MATTHEW GANNON 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
2024 $590,825 No data $590,825 No data
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