North Carolina · Nonprofit
BLACK OWNERS OF SOLAR SERVICES
BLACK OWNERS OF SOLAR SERVICES (North Carolina) receives grants from 6 organizations whose IRS filings report $991,825 to it, the largest being THE KRESGE FOUNDATION ($250,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $2.6M
- Funders on record
- 6
- Grants received
- $992k
- Net assets
- $745k
What Black Owners of Solar Services does
Mission
The organization's mission is to provide sustained access to equitable opportunities in clean energy.
As stated on its FY2024 Form 990.
Program
2024 equitable clean energy advancement initiative:in 2024, 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 18 businesses in 2024.
$1,475,677 spent$15,107 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,475,677.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $473k to $876k (+85%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2023 90% · 2024 63%. Grants only. Government contracts and fees sit inside program revenue.
99% of BLACK OWNERS OF SOLAR SERVICES’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Dresden Farrand
Executive director
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of BLACK OWNERS OF SOLAR SERVICES’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BLACK OWNERS OF SOLAR SERVICES leans on a few funders — its largest provides 25% of grant income and the top three 71%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
45% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BLACK OWNERS OF SOLAR SERVICES.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
BLACK OWNERS OF SOLAR SERVICES draws 100% of its grant income from funders outside North Carolina, across 3 states in all.
Funder states come from each funder’s own filing. $400k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BLACK OWNERS OF SOLAR SERVICES has grown faster than three-quarters of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Government funding BLACK OWNERS OF SOLAR SERVICES receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.6M on record.
- Department of Energy$3.6M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like BLACK OWNERS OF SOLAR SERVICES
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
68% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for BLACK OWNERS OF SOLAR SERVICES: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BLACK OWNERS OF SOLAR SERVICES?
- BLACK OWNERS OF SOLAR SERVICES (North Carolina) receives grants from 6 organizations whose IRS filings report $991,825 to it, the largest being THE KRESGE FOUNDATION ($250,000). 0 of them have funded it in more than one year.
- How many funders does BLACK OWNERS OF SOLAR SERVICES have?
- IRS filings report 6 organizations giving $991,825 in grants to BLACK OWNERS OF SOLAR SERVICES.
- Who is the largest funder of BLACK OWNERS OF SOLAR SERVICES?
- THE KRESGE FOUNDATION is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
- How can an organization like BLACK OWNERS OF SOLAR SERVICES find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Black Owners of Solar Services →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing