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California · Nonprofit

H2GP FOUNDATION

H2GP FOUNDATION (California) receives grants from 5 organizations whose IRS filings report $80,190 to it, the largest being SOUTHERN COMPANY GAS CHARITABLE FOUNDATION INC ($25,000). 1 of them have funded it in more than one year.

Revenue FY2024
$643k
Funders on record
5
Grants received
$80k
Net assets
$164k
1/5 repeat funders
01What it does

What H2gp Foundation does

Mission

The H2GP Foundation, a 501(c)(3) supports and promotes hydrogen and renewable energy technology events education, programs and competitions for the sake of environmental stewardship Especially programs that simultaneously aim to inspire and motivate students to pursue further education and future careers in the field of science, technology, engineering and mathematics. with real-world skills for a net zero future.

As stated on its FY2024 Form 990.

Program

  1. Renewable energy & engineering team program the organization supported nearly 500 student teams globally, including some 200 in u.s.,each with at least five members. Participants design, build, and race hydrogen-powered cars in the h2 grand pix, gaining educational resources and mentoship. The initiative fosters hands-on stem learning, leadership in renewable energy engineering and teamwork.

    $439,262 spent$642,511 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $439,262.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 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.

100 = 20232023 Revenue 100 ($30k) Expenses 100 ($15) Net assets 100 ($30k)2024 Revenue 2140 ($643k) Expenses 3191233 ($479k) Net assets 546 ($164k)
20232024
Revenue (2140)Expenses (3191233)Net assets (546)Peer revenue range

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 $30k to $189k (+529%).

$30k
$189k
20232024
Total assetsTotal liabilities

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.

2023
2024
ContributionsProgram revenueInvestmentOther

31% of H2GP FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 4,629 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.

$30k
’23
$164k
’24
2.9
months of
reserve
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% 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 H2GP FOUNDATION’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

H2GP FOUNDATION leans on a few funders — its largest provides 31% of grant income and the top three 87%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

44% 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 H2GP FOUNDATION.

31%
largest funder
87%
top three
~4
effective funders

“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

H2GP FOUNDATION draws 100% of its grant income from funders outside California, across 3 states in all.

PA
CA
GA

Funder states come from each funder’s own filing. $35k arriving through sponsors registered in 2 states 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.

04Its place in the field

Against its field

H2GP FOUNDATION runs a healthier operating margin than half of the 4,264 environment nonprofits its size.

Operating margin25% · above the median
Months of reserve2.9mo · bottom quartile
Revenue growth (annualized)2040% · outside the comparable range

this organization peer median middle 50% of peers· 4,264 environment nonprofits $100k–$1M, FY2024

Organizations like H2GP FOUNDATION

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 California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

3
board members
67%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for H2GP FOUNDATION: 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.

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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 H2GP FOUNDATION?
H2GP FOUNDATION (California) receives grants from 5 organizations whose IRS filings report $80,190 to it, the largest being SOUTHERN COMPANY GAS CHARITABLE FOUNDATION INC ($25,000). 1 of them have funded it in more than one year.
How many funders does H2GP FOUNDATION have?
IRS filings report 5 organizations giving $80,190 in grants to H2GP FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of H2GP FOUNDATION?
SOUTHERN COMPANY GAS CHARITABLE FOUNDATION INC is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like H2GP FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 H2gp →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 5 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