SOLUTION SERVICES INC (EIN 731682651) - 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

2008

Legal Domicile

Principal Officer

NEFTALI OLMEDA

Phone

6109973780

Tax Period

2023-01-01 to 2023-12-31

SOLUTION SERVICES INC, founded in 2008, is a micro nonprofit in the Education sector that reported $22K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $7K, a strong 31% operating margin.

Mission

MISSION IS TO EDUCATE, ENGAGE, AND EMPOWER YOUTH VIA VARIOUS MENTORING PROGRAMS.

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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 $21,600

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $21,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,129

Other Expenses $15,006

TOTAL EXPENSES $15,006

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,600	$27,717	-0.2%
Expenses	$15,006	$26,512	-0.4%
Net Income	$6,594	$1,205	+4.5%

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

Independent Members

Employees

N/A

Volunteers

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
NEFTALI OLMEDA	DIRECTOR	20.00	Director	$0	$0	$0
IDA OLMEDA	DIRECTOR	10.00	Director	$0	$0	$0
ALEXANDER OQUENDO	DIRECTOR	10.00	Director	$0	$0	$0
CINDY CUMBA-RUIZ	SECRETARY	10.00	Director	$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
2023	$21,600	$15,006	$232	$6,594
2022	$27,717	$26,512	$138	$1,205
2021	$11,025	$9,133	$506	$1,892
2020	$17,268	$14,540	$184	$2,728
2019	$19,466	$18,170	$833	$1,296
2018	$22,363	$31,049	$717	$-8,686

SOLUTION SERVICES INC