SOLOMON'S TEMPLE FOUNDATION INC (EIN 810983784) - 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

2016

Legal Domicile

Principal Officer

SOLOMON SMALLWOOD

Phone

4044414790

Tax Period

2023-01-01 to 2023-12-31

SOLOMON'S TEMPLE FOUNDATION INC, founded in 2016, is a small nonprofit in the Housing & Shelter sector that reported $725K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $199K, a strong 27% operating margin.

Mission

SOLOMON'S TEMPLE IS A HOLISTIC EMERGENCY AND TRANSITIONAL FACILITY FOR HOMELESS WOMEN AND THEIR CHILDREN. THE CORE PROGRAMS OF SHELTER, FOOD, FAMILY COACHING AND EMPLOYMENT SERVICES ARE DESIGNED TO HELP GUIDE HOMELESS FAMILIES TOWARD LIVES OF INDEPENDENCE.

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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 $800,072

Program Service Revenue $0

Investment Income $3,704

Other Revenue $-78,941

TOTAL REVENUE $724,835

Expense Breakdown

Grants Paid $9,017

Salaries & Benefits $342,148

Fundraising Expenses $25,565

Program Expenses $354,281

Other Expenses $152,753

TOTAL EXPENSES $525,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$724,835	$617,614	+0.2%
Expenses	$525,918	$460,265	+0.1%
Net Income	$198,917	$157,349	+0.3%

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

Independent Members

Employees

Volunteers

100

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

$4,620

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACQUELINE SMALLWOOD	DIRECTOR	1.00	Director	$4,620	$0	$4,620
SOLOMON SMALLWOOD	CHAIRMAN	0.00	Officer Director	$0	$0	$0
MARY CATHERINE BLOODWORTH	DIRECTOR	0.00	Director	$0	$0	$0
VON DUBOSE	DIRECTOR	0.00	Director	$0	$0	$0
CHRISTOPHER FAGAN	DIRECTOR	0.00	Director	$0	$0	$0
SUE HRIB	DIRECTOR	0.00	Director	$0	$0	$0
JOHN JACKSON	DIRECTOR	0.00	Director	$0	$0	$0
TAYLOR LANIER	DIRECTOR	0.00	Director	$0	$0	$0
PAT LOTTIER	DIRECTOR	0.00	Director	$0	$0	$0
ANGELIQUE NIARE	DIRECTOR	0.00	Director	$0	$0	$0
CLARK SEYDEL	DIRECTOR	0.00	Director	$0	$0	$0
LAQUISHA MILNER	DIRECTOR	0.00	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
2024	No data	No data	No data	No data
2023	$724,835	$525,918	$812,137	$198,917
2022	$617,614	$460,265	$654,837	$157,349
2021	$499,104	$462,670	$570,893	$36,434
2020	$480,712	$463,088	$364,218	$17,624
2020	$681,213	$487,997	$521,777	$193,216
2019	$652,283	$490,170	$245,640	$162,113
2018	$608,110	$471,031	$291,417	$137,079
2018	$608,110	$471,031	$291,417	$137,079

SOLOMON'S TEMPLE FOUNDATION INC