Sustainable Technology Engineering Programs Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The H2GP Foundation, a 501(c)(3) supports and promotes hydrogen and renewable energy technology events education, programs and competitions for the sake of environmental stewardship Especially programs that simultaneously aim to inspire and motivate students to pursue further education and future careers in the field of science, technology, engineering and mathematics. with real-world skills for a net zero future.
- Income
- $642,511
- Spending
- $478,685
- Spent on programs
- 92%
- Reserves
- 4.1 months of spending
- Largest source of income
- fees for its services, 69%
- Employees
- 1
- Volunteers
- 9
- Highest pay
- $24,000, president
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: 82 out of 100. Higher than 53% of charities in its peer group (environment, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 4.1 months of spending.
Debt
20 of 20It owes 13% of what it owns.
Living within its means
15 of 15Income exceeded spending by 25% of income.
Spending floor
15 of 1592% 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
Good: 84 out of 100. Higher than 61% 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
5 of 5Keeps 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
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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 (1)
- $439,262 spent. RENEWABLE ENERGY & ENGINEERING TEAM PROGRAM THE ORGANIZATION SUPPORTED NEARLY 500 STUDENT TEAMS GLOBALLY, INCLUDING SOME 200 IN U.S.,EACH WITH AT LEAST FIVE MEMBERS. PARTICIPANTS DESIGN, BUILD, AND RACE HYDROGEN-POWERED CARS IN THE H2 GRAND PIX, GAINING EDUCATIONAL RESOURCES AND MENTOSHIP. THE INITIATIVE FOSTERS HANDS-ON STEM LEARNING, LEADERSHIP IN RENEWABLE ENERGY ENGINEERING AND TEAMWORK.
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
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.
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 November 6, 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 October 13, 2026.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.