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Solar Car Challenge Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 274536063 ✦ Plano, TX ✦ Designated as a 501(c)(3)

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Overview

What is Solar Car Challenge Foundation?

The Solar Car Challenge Foundation is a nonprofit organization situated in Plano, Texas. Their primary mission is to educate both students and teachers in the realms of planning, designing, engineering, and constructing functional solar cars. They achieve this through organizing an event where students can showcase and operate their solar creations during a 12-day period. This engaging event not only fosters learning but also provides an opportunity for students to apply their skills and knowledge in a practical setting.


Official website here: www.solarcarchallenge.org

Is Solar Car Challenge Foundation legitimate?

Solar Car Challenge Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solar Car Challenge Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.solarcarchallenge.org

What is the mission statement of Solar Car Challenge Foundation?

The Solar Car Challenge Foundation serves as an educational entity, promoting learning among students and teachers by facilitating the planning, design, engineering, and construction of functional solar-powered vehicles. Their activities culminate in a 12-day event where these solar cars are showcased and put to the test through actual drives. The organization's primary objective is to instill practical skills in young minds related to renewable energy and sustainable transportation.


Official website here: www.solarcarchallenge.org

Who is the CEO of Solar Car Challenge Foundation?

Lehman Marks is the President of Solar Car Challenge Foundation.


Official website here: www.solarcarchallenge.org

What is the revenue of Solar Car Challenge Foundation?

Solar Car Challenge Foundation's revenue in 2022 was $192,031.


Official website here: www.solarcarchallenge.org

Who are the executives of Solar Car Challenge Foundation and what are their salaries?


Here are 5 key members and their salaries:


Lehman Marks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Shih (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Jones (Chief Race Judge)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jarrett Dunn (Race Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Foree (Technology)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.solarcarchallenge.org

Where can I find the form 990EZ for Solar Car Challenge Foundation?

Solar Car Challenge Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.solarcarchallenge.org

Learn more at the official website: www.solarcarchallenge.org

Mission Statement of Solar Car Challenge Foundation

The Solar Car Challenge Foundation, as a nonprofit organization, focuses on educating students and teachers by guiding them in the process of planning, designing, engineering, and constructing roadworthy solar cars. Their mission is achieved through an annual event, where students have the opportunity to showcase and operate their solar vehicles over a 12-day period. The Solar Car Challenge Foundation serves as a platform for hands-on learning, fostering creativity, innovation, and teamwork among its participants.

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Impact




October, 2024

The Solar Car Challenge Foundation significantly impacts education by providing students and teachers with hands-on experience in engineering, design, and teamwork. Through its programs, participants learn to plan, design, and build roadworthy solar cars, fostering skills in critical thinking and problem-solving. The highlight of the foundation's activities is a 12-day event where students can showcase and drive their solar creations, promoting practical application of STEM (Science, Technology, Engineering, and Mathematics) principles. By engaging students in renewable energy projects, the foundation not only reinforces learning objectives but also inspires the next generation to innovate in sustainability and technology, cultivating a deeper understanding of renewable energy solutions.




This information is meant to be a general summary of Solar Car Challenge Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$192,031 (2022)
Expenses
$246,182 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $192,031

Assets and Liabilities:

  • Total Assets: $3,253
  • Total Liabilities: $0
  • Net Assets: $3,253

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Organization Details

Principal Officer

Lehman Marks

Main Address

3505 Cassidy Drive, Plano, TX, 75023

NTEE Category

Code: B90 - Education

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