Skip to main content

Nonprofit · EIN 87-1152840

BLACK OWNERS OF SOLAR SERVICES

Also known as BOSS

Tax-exempt · OXFORD, NC 27565

Financials

$1.4M$1.3M2023$2.6M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of BLACK OWNERS OF SOLAR SERVICES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,584,878$2,168,429$416,449$876,471$131,119$745,352
December 31, 2023990$1,375,274$1,253,788$121,486$472,576$143,673$328,903
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,569,771
of which government grants
$1,626,071
Program service revenue
$0
Investment income
$0
Other revenue
$15,107

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$97,693
Other salaries and wages
$499,066
Salaries, compensation and benefits (total)
$658,025
Professional fundraising fees
$0
Legal fees
$47,070
Accounting fees
$121,900
Occupancy
$31,862
Travel
$133,094
Depreciation
$1,233
Program services (functional)
$1,475,677
Management and general (functional)
$621,428
Fundraising (functional)
$71,324

Balance sheet and other

Total assets, start of year
$472,576
Total assets, end of year
$876,471
Total liabilities, end of year
$131,119
Net assets, end of year
$745,352
Land, buildings and equipment
$6,153
Net assets without donor restrictions
$745,352
Gross receipts
$2,584,878
Employees
11
Volunteers
0
Year formed
2021
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ANTHARA CARRPROGRAM MANAGER
Highest-paid employee
40$138,177
DRESDEN FARRANDEXECUTIVE DIRECTOR
Trustee or director
40$48,917
SHERYL RIGGSEXECUTIVE DIRECTOR (FORMER)
Trustee or director
40$48,775
AJULO OTHOWPRESIDENT
Trustee or director, Officer
7$0
CHRISTIAN WARRENTREASURER
Trustee or director, Officer
5$0
DR MICHAEL DORSEYSECRETARY
Trustee or director, Officer
5$0
DANA CLARE REDDENDIRECTOR
Trustee or director
5$0
JAY CUTTINGDIRECTOR
Trustee or director
5$0
JAMEZ STAPLESDIRECTOR
Trustee or director
5$0
REGINA SPEED-BOSTDIRECTOR
Trustee or director
5$0
WALTER MCLEODDIRECTOR
Trustee or director
5$0
TONYA HICKSFORMER DIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
SHERYL RIGGSEXECUTIVE DIRECTOR
Trustee or director
40$29,783
AJULO OTHOWPRESIDENT
Trustee or director, Officer
7$0
WALTER MCLEODTREASURER
Trustee or director, Officer
5$0
DR MICHAEL DORSEYSECRETARY
Trustee or director, Officer
5$0
DANA CLARE REDDENDIRECTOR
Trustee or director
5$0
TONYA HICKSDIRECTOR
Trustee or director
5$0
JAY CUTTINGDIRECTOR
Trustee or director
5$0
CHRISTIAN WARRENDIRECTOR
Trustee or director
5$0
JAMEZ STAPLESDIRECTOR
Trustee or director
5$0
REGINA SPEED-BOSTDIRECTOR
Trustee or director
5$0
JESSICA BALLARD THIESSENFORMER DIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
104 COURT ST, OXFORD, NC 27565-3361
In care of
% AJULO OTHOW
Mailing address (990-N for 2021)
PO Box 1622, Bowling Green VA 22427
Principal officer (990 for 2024)
AJULO OTHOW, 104 COURT STREET, OXFORD, NC 27565
Principal officer (990-N for 2021)
Ajulo Othow, PO Box 1622, Bowling Green VA 22427
Signed the 990
AJULO OTHOW, PRESIDENT
Phone
(771) 203-1122
Return prepared by
WEAVER AND TIDWELL LLP

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE SUSTAINED ACCESS TO EQUITABLE OPPORTUNITIES IN CLEAN ENERGY.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $1,475,677 · revenue $15,107

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-1152840
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$876,471
Income (IRS master file)
$2,584,878

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,584,878$2,168,429$876,471IRS
990December 2023$1,375,274$1,253,788$472,576XML
990December 2022$217,195$9,878$216,167IRS
990-N for 2021
Officer: Ajulo Othow
December 31, 2021≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-1152840).

Questions about BLACK OWNERS OF SOLAR SERVICES

What is the EIN of BLACK OWNERS OF SOLAR SERVICES?
The employer identification number (EIN) of BLACK OWNERS OF SOLAR SERVICES is 87-1152840.
Is BLACK OWNERS OF SOLAR SERVICES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to BLACK OWNERS OF SOLAR SERVICES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BLACK OWNERS OF SOLAR SERVICES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BLACK OWNERS OF SOLAR SERVICES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLACK OWNERS OF SOLAR SERVICES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BLACK OWNERS OF SOLAR SERVICES?
The 990 for the year ended December 31, 2024 names AJULO OTHOW.
Who are the officers and directors of BLACK OWNERS OF SOLAR SERVICES?
The 990 for the year ended December 31, 2024 lists 12 people; 3 received compensation from the organization, the highest $138,177 (ANTHARA CARR, PROGRAM MANAGER).
How much revenue does BLACK OWNERS OF SOLAR SERVICES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,584,878, expenses of $2,168,429 and total assets of $876,471 at year end.

Other nonprofits in OXFORD

All nonprofits in OXFORD · North Carolina · Education