SOCIETY OF LEADERS IN DEVELOPMENT (SOLID) (EIN 621727949) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

ELIZABETH STONE

Phone

6152428880

Tax Period

2023-01-01 to 2023-12-31

SOCIETY OF LEADERS IN DEVELOPMENT (SOLID), founded in 2011, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $146K in total revenue in fiscal year 2023. Revenue surged 141% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62K, a strong 42% operating margin.

Mission

IMPROVING THE FUTURE OF THE MUSIC INDUSTRY BY STREGTHENING PROFESSIONAL RELATIONSHIPS AND EDUCATING FUTURE EXECUTIVES WHILE SERVING THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $18,699

Program Service Revenue $0

Investment Income $663

Other Revenue $126,335

TOTAL REVENUE $145,697

Expense Breakdown

Grants Paid $52,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,200

Other Expenses $31,759

TOTAL EXPENSES $83,959

Year-over-Year Comparison

	2023	2022	Change
Revenue	$145,697	$60,547	+1.4%
Expenses	$83,959	$79,034	+0.1%
Net Income	$61,738	$-18,487	-4.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RIO VAN RISSEGHEM	PRESIDENT	10.0	Officer	$0	$0	$0
ZACH GREEN	VICE PRESIDENT	10.0	Officer	$0	$0	$0
LIZZY STONE	TREASURER	10.0	Officer	$0	$0	$0
MELISSA FLAXMAN	SECRETARY	10.0	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$145,697	$83,959	$149,460	$61,738

SOCIETY OF LEADERS IN DEVELOPMENT (SOLID)