PEOPLES SOLAR ENERGY FUND Charity Report

Public IRS 990 nonprofit record

PEOPLES SOLAR ENERGY FUND

EIN 84-3011433 · Public Utilities (W80)

What they do

PEOPLES SOLAR ENERGY FUND, INC. PROVIDES NON-EXTRACTIVE FINANCING, TECHNICAL ASSISTANCE and BULK-PURCHASING DISCOUNTED SERVICES to BUILD A SCALABLE SYSTEM of SUPPORT for COMMUNITY-LED and COMMUNITY-OWNED SOLAR PROJECTS. THE EMPHASIS is ON PROJECTS BENEFITING LOW- or MODERATE-INCOME COMMUNITIES and COMMUNITIES of COLOR, CONTRIBUTING to CLEANER and MORE AFFORDABLE ENERGY, JOB CREATION, COMMUNITY ASSET DEVELOPMENT, and A MORE DEMOCRATIZED ENERGY SYSTEM.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $67.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

44.28%of revenue went to mission work67.3% of expenses · Program services

4.56%of revenue went to fundraising6.9% of expenses

$65.79spent for every $100 of revenueRevenue covered expenses this year.

16.95%of revenue went to management and office costs25.8% of expenses

$2.50in assets for every $1 spent this yearSome assets cannot be spent right away.

98.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $170,401 for MMAKGANTSI MAFOJANE (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,580,199

Mission workProgram services$699,75244.28% of revenue67.3% of expenses

ManagementOffice and general costs$267,78416.95% of revenue25.8% of expenses

FundraisingAsking for donations$72,0184.56% of revenue6.9% of expenses

Revenue left after expensesReported annual surplus$540,64534.21% of revenueShown in gray on the chart

Total expenses$1,039,55465.79% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 67.3% mission · 25.8% management · 6.9% fundraisingTotal expenses: 65.79% of revenue

2023Expense mix: 55.4% mission · 33.5% management · 11.1% fundraisingTotal expenses: 50.14% of revenue

2022Expense mix: 44.7% mission · 47.3% management · 8.0% fundraisingTotal expenses: 89.69% of revenue

2021Expense mix: 72.3% mission · 24.3% management · 3.4% fundraisingTotal expenses: 98.86% of revenue

2020Expense mix: 60.2% mission · 24.6% management · 15.2% fundraisingTotal expenses: 8.89% of revenue

Money in and money out

Revenue$1,580,199

Expenses$1,039,554

Annual surplus $540,645 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$699,752 · 67.3% of expenses

Management and office costs$267,784 · 25.8% of expenses

Fundraising$72,018 · 6.9% of expenses

See all reported dollar amounts

Revenue$1,580,199

Expenses$1,039,554

Assets$2,595,766

Income$1,580,199

Contributions$1,550,000

Mission work (program services)$699,752

Fundraising$72,018

Grants given$155,000

Average grant$15,500

Management and general$267,784

Executive compensation (total)$45,190

Accounting fees$14,360

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MMAKGANTSI MAFOJANEEXECUTIVE DI · 40 hrs/week $170,401Base $165,577 · Other $4,824

MILLARD OWENSCO-DIRECTOR · 40 hrs/week $147,918Base $144,896 · Other $3,022

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

MMAKGANTSI MAFOJANEEXECUTIVE DI

MILLARD OWENSCO-DIRECTOR

ALISON ANDREWSCO-CHAIR

AMY BETTLECO-CHAIR

CRYSTAL HUANGTREASURER

JOSEPH MCNEILDIRECTOR

MELA MILESDIRECTOR

POUYA NAJAMAIEDIRECTOR

SHIMEKIA NICHOLSDIRECTOR

STEPHANIE JOHNSONSECRETARY

TIMOTHY DENHERDER-THOMASDIRECTOR

About this charity

Recognized since: January 2020
Location: 82 WENDELL AVE SUITE 100, PITTSFIELD, MA 01201-7066
County: Berkshire
In care of: % NORTHWEST REGISTERED AGENT SERVIC
Primary officer: MMAKGANTSI MAFOJANE, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailusconnect@psef.networkCopyright Phone(203) 916-3490 Officer phone(413) 772-8898

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DAVISKELLY LLP
NTEE classification: Public Utilities (W80)
IRS tax category: Public Utilities
Grant-giving organization: Yes