Civic Intelligence

Solar Rating & Certification Corporation

EIN 52-1220979 • 501(c)6 • Country Club Hills, IL

Profile

Our mission is the development and implementation of national rating standards and certification programs for solar energy equipment and systems.

4051 W Flossmoor RoadCountry Club Hills, IL 60478

www.solar-rating.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

3.24x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

2.17x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-9.2%

Higher net margin than 33% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

100th percentile

$1,429,043

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 303.2% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

49th percentile

-1.9%

Faster asset growth than 49% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

-6.3%

Faster revenue growth than 40% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$315,833

Down $6,224 (-1.9%) from 2023

Liabilities

Up

$1,022,254

Up $37,164 (+3.8%) from 2023

Net Assets

Down

-$706,421

Down $43,388 (-6.5%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin33rd percentile

Revenue

Down

$471,272

Down $31,536 (-6.3%) from 2023

Expenses

Up

$514,660

Up $33,096 (+6.9%) from 2023

Net Income

Down

-$43,388

Down $64,632 (-304%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2011: $867,511Liabilities 2011: $41,103Net Assets 2011: $826,4082011Assets 2012: $670,539Liabilities 2012: $38,960Net Assets 2012: $631,5792012Assets 2013: $499,928Liabilities 2013: $151,725Net Assets 2013: $348,2032013Assets 2014: $179,876Liabilities 2014: $69,901Net Assets 2014: $109,9752014Assets 2015: $117,480Liabilities 2015: $533,144Net Assets 2015: -$415,6642015Assets 2016: $350,685Liabilities 2016: $1,019,942Net Assets 2016: -$669,2572016Assets 2017: $187,769Liabilities 2017: $999,944Net Assets 2017: -$812,1752017Assets 2018: $244,370Liabilities 2018: $1,020,410Net Assets 2018: -$776,0402018Assets 2019: $274,875Liabilities 2019: $1,009,259Net Assets 2019: -$734,3842019Assets 2020: $251,967Liabilities 2020: $1,008,298Net Assets 2020: -$756,3312020Assets 2021: $298,592Liabilities 2021: $1,033,685Net Assets 2021: -$735,0932021Assets 2022: $342,964Liabilities 2022: $1,027,241Net Assets 2022: -$684,2772022Assets 2023: $322,057Liabilities 2023: $985,090Net Assets 2023: -$663,0332023Assets 2024: $315,833Liabilities 2024: $1,022,254Net Assets 2024: -$706,4212024

Highlighted filing

2024

Assets$315,833
Liabilities$1,022,254
Net Assets-$706,421
Open 2024 Filing

Operations Trend

Revenue Growth40th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2011: $1,060,5612011Expenses 2012: $1,063,0662012Revenue 2013: $614,784Expenses 2013: $905,425Net Income 2013: -$290,6412013Revenue 2014: $632,559Expenses 2014: $830,546Net Income 2014: -$197,9872014Revenue 2015: $546,424Expenses 2015: $1,072,126Net Income 2015: -$525,7022015Revenue 2016: $468,978Expenses 2016: $834,675Net Income 2016: -$365,6972016Revenue 2017: $630,650Expenses 2017: $809,421Net Income 2017: -$178,7712017Revenue 2018: $541,119Expenses 2018: $504,984Net Income 2018: $36,1352018Revenue 2019: $486,543Expenses 2019: $444,887Net Income 2019: $41,6562019Revenue 2020: $434,026Expenses 2020: $455,973Net Income 2020: -$21,9472020Revenue 2021: $487,818Expenses 2021: $466,580Net Income 2021: $21,2382021Revenue 2022: $557,152Expenses 2022: $506,336Net Income 2022: $50,8162022Revenue 2023: $502,808Expenses 2023: $481,564Net Income 2023: $21,2442023Revenue 2024: $471,272Expenses 2024: $514,660Net Income 2024: -$43,3882024

Highlighted filing

2024

Revenue$471,272
Expenses$514,660
Net Income-$43,388
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$315,833
Liabilities
$1,022,254
Net assets
-$706,421
Revenue
$471,272
Expenses
$514,660
Net income
-$43,388
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$1.02$0.71$0.47$0.51$0.04
2023Summary only. Only limited summary data is available for this year.$0.32$0.99$0.66$0.50$0.48$0.02
2022Summary only. Only limited summary data is available for this year.$0.34$1.03$0.68$0.56$0.51$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$1.03$0.74$0.49$0.47$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$1.01$0.76$0.43$0.46$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$1.01$0.73$0.49$0.44$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$1.02$0.78$0.54$0.50$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$1.00$0.81$0.63$0.81$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$1.02$0.67$0.47$0.83$0.37
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.53$0.42$0.55$1.07$0.53
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.07$0.11$0.63$0.83$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.50$0.15$0.35$0.61$0.91$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.04$0.63$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.04$0.83$1.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$471,272
Mission and Program Overview

Mission

Our mission is the development and implementation of national rating standards and certification programs for renewable energy equipment and systems.

The development and implementation of national rating standards and certification programs for renewable energy equipment and systems.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$71,596$37,797▼ $33,799
Cash and Non-Interest-Bearing Accounts$1$1,950▲ $1,949
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net-$0-
Loans From Officers Directors-$0-
Total Assets$322,057$315,833▼ $6,224
Other Assets Total$250,460$276,086▲ $25,626
Liabilities
Other Liabilities$1,001,653$1,009,682▲ $8,029
Accounts Payable and Accrued Expenses$-16,563$12,572▲ $29,135
Total Liabilities$985,090$1,022,254▲ $37,164
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-663,033$-706,421▼ $43,388
Total Net Assets Fund Balance$-663,033$-706,421▼ $43,388
Total Liabilities and Net Assets / Fund Balance$322,057$315,833▼ $6,224

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,500--
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shawn MartinVice President - Technical SvcFT$178,567$39,993$218,560

Board Members and Trustees

NameTitle
David a TomposChair (as of 12/2024)
Dominic SimsChair (thru 12/2024)
John BelcikVice Chair and Treasurer
Jordana RubelSecretary (as of 04/2024)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$471,272
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-43,388

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$377,228
Other Expenses$137,432
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$319,714
Fees for Services Other---$63,224
Interest---$27,000
Other Employee Benefits---$24,121
Payroll Taxes---$21,511
Information Technology---$19,095
Office Expenses---$14,474
Pension Plan Contributions---$11,882
Travel---$9,345
Other Expenses---$968
Advertising---$126
Total Functional Expenses$0$0$0$514,660

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Other Expense Adjustments$0
Total Expenses per Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$1,000,000
Loan From Icc$8,026
Due to Es$1,656
Customer Deposits-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15A

“A related organization, icc, makes compensation determinations in accordance with its compensation policy for the chair.”

Form 990, Part VI, Line 15B

“A related organization, icc, makes compensation determinations in accordance with its compensation policy for all other officers.”

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

“The board of directors shall be elected by the board of directors of the international code council ("icc").”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“Form 990 is reviewed by the president and the treasurer and is provided to the board prior to filing.”

Form 990, Part VI, Line 12C Conflict of interest policy

“In addition to the annual questionnaire, the organization closely monitors transactions that may have a conflict of interest. The organization requires that directors and senior management annually disclose interests that could give rise to conflicts.”

Form 990, Part VI, Line 19 Required documents available to the public

“Organizational documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Solar Rating & Certification Corporation
EIN
52-1220979
Phone
8884227233
Address
4051 W FLOSSMOOR ROAD, COUNTRY CLUB HILLS, IL 60478

Signing Officer

Name
John Belcik
Title
Vice Chair/treasurer
Phone
8884227233
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
1982
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Bdo USA
Address
330 N WABASH AVE STE 3200, CHICAGO, IL 60611-7610
Preparer
Jake Cook
Phone
3128569100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G Other Fees

“COST OF SALES - Total Expense: 63224, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;”

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

“Solar rating & certification corporation ("srcc") follows the provisions of asc 740 -10-25, "income taxes," which requires that realization of an uncertain income tax position must be more likely than not (i.e. Greater than 50% likelihood of receiving benefit) before it can be recognized in the financial statements. Srcc does not believe there are any uncertain tax positions that should be recorded. No interest or penalties were included in the consolidated statements of activities and changes in net assets for the years ended december 31, 2024 or 2023. Tax years going back to 2020 remain open to examination. Should srcc need to accrue interest or penalties on uncertain tax positions, it would recognize the interest as interest expense and the penalties as other expenses.”

Raw XML AppendixShowing 400 of 551 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0THE SMALL WIND PROGRAM CERTIFIES TURBINES FOR RATED ENERGY OUTPUT, RATED POWER, AND RATED SOUND LEVEL. CLEARLY PRESENTED, THE LABELS CONFIRM THAT CERTIFIED TURBINES MEET DURABILITY AND SAFETY REQUIREMENTS OF APPLICABLE STANDARDS. THE PROGRAM INCLUDES SMALL AND MEDIUM WIND TURBINES WITH PEAK POWER RATINGS UP TO 300KW.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SOLAR RATING & CERTIFICATION CORPORATION ("SRCC") FOLLOWS THE PROVISIONS OF ASC 740 -10-25, "INCOME TAXES," WHICH REQUIRES THAT REALIZATION OF AN UNCERTAIN INCOME TAX POSITION MUST BE MORE LIKELY THAN NOT (I.E. GREATER THAN 50% LIKELIHOOD OF RECEIVING BENEFIT) BEFORE IT CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS. SRCC DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS THAT SHOULD BE RECORDED. NO INTEREST OR PENALTIES WERE INCLUDED IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS FOR THE YEARS ENDED DECEMBER 31, 2024 OR 2023. TAX YEARS GOING BACK TO 2020 REMAIN OPEN TO EXAMINATION. SHOULD SRCC NEED TO ACCRUE INTEREST OR PENALTIES ON UNCERTAIN TAX POSITIONS, IT WOULD RECOGNIZE THE INTEREST AS INTEREST EXPENSE AND THE PENALTIES AS OTHER EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE CHAIR AND TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHAIR (THRU 12/2024)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CHAIR (AS OF 12/2024)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3SECRETARY (AS OF 04/2024)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VICE PRESIDENT - TECHNICAL SVC
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0INTERNATIONAL CODE COUNCIL, INC., A RELATED ORGANIZATION OF SOLAR RATING & CERTIFICATION CORPORATION, USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S CHAIR: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1INDIVIDUALS PARTICIPATE IN A NONQUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. EMPLOYER DISTRIBUTIONS ARE INCLUDED IN COMPENSATION ON SCHEDULE J, PT. II, COLUMN B(III). NO PAYMENTS WERE MADE TO ANY INDIVIDUALS DURING 2024.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A RELATED ORGANIZATION, ICC, MAKES COMPENSATION DETERMINATIONS IN ACCORDANCE WITH ITS COMPENSATION POLICY FOR THE CHAIR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A RELATED ORGANIZATION, ICC, MAKES COMPENSATION DETERMINATIONS IN ACCORDANCE WITH ITS COMPENSATION POLICY FOR ALL OTHER OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS SHALL BE ELECTED BY THE BOARD OF DIRECTORS OF THE INTERNATIONAL CODE COUNCIL ("ICC").
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE PRESIDENT AND THE TREASURER AND IS PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN ADDITION TO THE ANNUAL QUESTIONNAIRE, THE ORGANIZATION CLOSELY MONITORS TRANSACTIONS THAT MAY HAVE A CONFLICT OF INTEREST. THE ORGANIZATION REQUIRES THAT DIRECTORS AND SENIOR MANAGEMENT ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATIONAL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COST OF SALES - Total Expense: 63224, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a Members or stockholders electing members of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 11g Other Fees
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0SOFTWARE SALES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1BUILDING SAFETY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2PUBLISHING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0ICC COMMUNITY DEVELOPMENT SOLUTIONS LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1ICC OCEANIA PTY LIMITED
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2AMERICAN LEGAL PUBLISHING
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