Bright Saver Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Bright Saver Inc. is a new nonprofit organization with the mission to protect the environment educate the public and mitigate threats to human health from climate change and unsustainable energy consumption. It achieves this mission through public education about the benefits of clean energy and programs intended to make solar energy accessible nationwide regardless of income. Solar power and particularly rooftop solar is a key aspect in climate action plans at all levels in the governmental and private sectors. However currently only 5-7 percent of households have installed rooftop solar and such systems belong predominantly to higher income high credit-scoring homeowners. This paltry percentage results from the high cost of systems and their installation requiring financing for most homeowners. In addition more than one-third of households in the United States rent their dwelling with a vastly disproportionate number being continued in Schedule O
- Income
- $656,493
- Spending
- $395,466
- Spent on programs
- 79%
- Reserves
- 7.9 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 3
- Volunteers
- 4
- Highest pay
- $93,896, program director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 46% of charities in its peer group (environment, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 7.9 months of spending.
Debt
5 of 20It owes 63% of what it owns.
Living within its means
15 of 15Income exceeded spending by 40% of income.
Income trend
15 of 15Income rose 656393% on the year before.
Spending floor
15 of 1579% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 64 out of 100. Higher than 29% of charities in its peer group (environment, $250k to $1m).
Independent board
18 of 252 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2025, 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 (2)
- $159,772 spent. Education Policy Development and Research: Serve as the go-to national resource on plug-in solar for communities and partners driving broad public awareness needed to make plug-in solar an aspirational mainstream technology for every household. Provide research and expertise to support state-by-state policy frameworks.
- $153,993 spent. Providing Access to Plug-In Solar Equipment: Provide households with affordable plug-in solar to reduce their energy bills and enhance energy reliability partnering with government utilities and community organizations.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 September 7, 2026.
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 September 30, 2026.
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 September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Worth knowing.
Recognized by the IRS in December 2025. It is too new to have a track record.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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 7, 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.