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Nc Greenpower Corporation Non Profit

EIN 22-3895009 · Raleigh, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood80 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

NC GREENPOWER'S MISSION IS TO EXPAND PUBLIC KNOWLEDGE AND ACCEPTANCE OF CLEANER ENERGY TECHNOLOGIES TO ALL NORTH CAROLINIANS THROUGH LOCAL, COMMUNITY BASED INITIATIVES.

Income
$875,082
Spending
$1.3 million
Spent on programs
82%
Reserves
18.2 months of spending
Largest source of income
donations and private grants, 93%
Employees
0
Volunteers
10
Highest pay
$266,659, president/ex

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 80 out of 100. Higher than 51% of charities in its peer group (environment, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 18.2 months of spending.

  • Debt

    20 of 20

    It owes 12% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 52% of income.

  • Income trend

    10 of 15

    Income fell 7% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 90 out of 100. Higher than 70% of charities in its peer group (environment, $250k to $1m).

  • Independent board

    25 of 25

    14 of 15 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $449,686 spent. NC GREENPOWER'S SOLAR+ SCHOOLS PROGRAM PROVIDES GRANTS FOR SOLAR SYSTEMS, ENERGY EFFICIENCY UPGRADES AND ENERGY EDUCATION PACKAGES TO NORTH CAROLINA K-12 SCHOOLS. WITH DUKE ENERGY RENEWABLE ENERGY (MASS MARKET PRODUCT) DONORS SWITCHING OVER TO SUPPORT SOLAR+ SCHOOLS IN 2020, APPROXIMATELY 517 ELECTRIC UTILITY CUSTOMERS SUBSCRIBED TO THE RENEWABLE ENERGY PRODUCT, PROVIDING A PREMIUM ABOVE THE USUAL MONTHLY UTILITY PAYMENTS, SUPPORTED APPROXIMATELY 4,166,000 KWH OF ENERGY ANNUALLY COMING FROM RENEWABLE ENERGY INSTEAD OF TRADITIONAL SOURCES SUCH AS COAL.
  2. FOR CARBON OFFSETS, APPROXIMATELY 251 ELECTRIC UTILITY CUSTOMERS SUBSCRIBED TO SUPPORT THE MITIGATION OF 2,427 TONS OF CARBON DIOXIDE.
  3. $637,663 spent. FOR THE DUKE ENERGY DONORS WHO SWITCHED TO SUPPORT SOLAR+ SCHOOLS, THE PROGRAM HAD AN AVERAGE OF 4,022 CONTRIBUTORS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2003.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.