Overview
What is Little Sun Inc?
Little Sun Inc is a nonprofit organization based in Larchmont, New York, with a focus on food security. They aim to improve the livelihoods of local farmers in sub-Saharan Africa, primarily by providing funding and essential equipment, such as solar-powered egg incubators, rice mills, and irrigation systems. This organization's mission is to design and deliver affordable clean energy solutions and inspire individuals to take action against climate change. With a dedicated workforce of just three employees, Little Sun Inc is committed to making a significant impact in the fight against climate change and food insecurity.
Official website here: www.littlesun.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating from Charity Navigator
Little Sun Inc. has received an overall score of 87%, reflecting a solid performance in accountability and finance. The organization boasts a fully independent board and achieves high marks in financial oversight, demonstrating its commitment to transparency. With a remarkable program expense ratio of 81.77%, the charity allocates a significant portion of its resources directly to its mission, indicating effective use of donor funds.
However, there are notable areas for improvement. The organization lacks several key policies, including a conflict of interest policy, whistleblower policy, and document retention guidelines, which can impact overall governance and risk management. Additionally, the absence of pre-filing distribution of tax forms to the board signifies a need for enhanced internal processes.
Despite these limitations, Little Sun Inc. showcases strong financial health and effective fundraising efforts, with a fundraising efficiency ratio of $0.17. Overall, the organization demonstrates a commitment to its mission while also recognizing the need to strengthen governance practices for improved accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Little Sun Inc legitimate?
Little Sun Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Sun Inc submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $122,746
Other Salaries and Wages: $321,759
For more financial information, click here
Official website here: www.littlesun.com
What is the mission statement of Little Sun Inc?
Little Sun Inc's mission is centered around designing and delivering affordable clean energy solutions with the aim of inspiring people to take action against climate change. The organization focuses on this mission by providing funding and essential equipment to help enhance local food production, primarily in sub-Saharan Africa. This is achieved by implementing solar-powered solutions in areas like egg incubation, rice milling, and irrigation, which significantly improve the livelihoods of local farmers who lack electricity. In essence, Little Sun Inc's mission is to make clean energy accessible and affordable while motivating individuals to participate in climate change mitigation efforts.
Official website here: www.littlesun.com
Who is the CEO of Little Sun Inc?
Clay Tarica is the Board Chair of Little Sun Inc.
Official website here: www.littlesun.com
What is the revenue of Little Sun Inc?
Little Sun Inc's revenue in 2022 was $2,340,557.
Official website here: www.littlesun.com
Who are the executives of Little Sun Inc and what are their salaries?
The average compensation at Little Sun Inc during 2022 was $107,253. There are 3 employees and 5 volunteers at Little Sun Inc.
Here are 7 key members and their salaries:
- Compensation: $183,898
- Related: $0
- Other: $28,978
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.littlesun.com
Where can I find the form 990 for Little Sun Inc?
Little Sun Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.littlesun.com
Learn more at the official website: www.littlesun.com
Mission Statement of Little Sun Inc
Little Sun Inc, a nonprofit organization, is dedicated to designing and delivering affordable clean energy solutions and inspiring people to take climate action. The mission of Little Sun Inc is multifaceted. On one hand, it involves creating and distributing sustainable energy solutions that are accessible and cost-effective. This is particularly relevant in sub-Saharan Africa, where the organization provides funding and equipment to boost local food production. Specifically, Little Sun Inc supports local farmers without electricity by offering solar-powered solutions such as egg incubation, rice milling, and irrigation systems. These initiatives aim to improve livelihoods in these communities, thereby contributing to food security.
On the other hand, Little Sun Inc seeks to inspire individuals to take action against climate change. By providing affordable and sustainable energy solutions, the organization encourages people to adopt eco-friendly practices and reduce their reliance on non-renewable energy sources. This dual approach of delivering practical solutions and fostering climate awareness sets Little Sun Inc apart as a forward-thinking and impactful nonprofit organization.
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Impact
October, 2024
Little Sun Inc has made a significant impact by designing and delivering affordable clean energy solutions, particularly in sub-Saharan Africa. Their initiatives focus on enhancing food security by providing crucial funding and equipment to local farmers who lack electricity. By supplying solar-powered technologies—such as egg incubation, rice milling, and irrigation systems—they empower communities to improve their livelihoods and boost local food production. This approach not only fosters economic growth but also inspires individuals to engage in climate action, demonstrating the interconnectedness of clean energy and sustainable agricultural practices. Through their efforts, Little Sun Inc is paving the way for resilient communities and a more sustainable future.
This information is meant to be a general summary of Little Sun Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $319
- Gross Receipts: $2,340,557
Assets and Liabilities:
- Total Assets: $2,607,987
- Total Liabilities: $79,549
- Net Assets: $2,528,438
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Organization Details
Founding Year
2018
Phone
(917) 541-6342Principal Officer
Clay Tarica
Main Address
50 Beach Ave, Larchmont, NY, 10538
Website
www.littlesun.comNTEE Category
Code: Z99 - Unknown
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