CHARITABLE SOLUTIONS INC

EIN: 815034844 501(c)(3) Health Care

BIXBY, OK

Total Revenue
$204,422
Total Expenses
$192,169
Total Assets
$44,818
Net Assets
$44,818
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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
OK
Phone
9186979113
Tax Period
2021-01-01 to 2021-12-31

CHARITABLE SOLUTIONS INC, founded in 2016, is a small nonprofit in the Health Care sector that reported $204K in total revenue in fiscal year 2021. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $192K left a modest 6% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE VETERANS IN NEED, WHETHER IT BE FOOD, CLOTHING, TOILETRIES, ORDINARY DAY TO DAY LIVING NECESSITIES

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $204,422
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $204,422

Expense Breakdown

Grants Paid $72,279
Salaries & Benefits $12,292
Fundraising Expenses $0
Program Expenses $170,191
Other Expenses $107,598
TOTAL EXPENSES $192,169

Year-over-Year Comparison

2021 2020 Change
Revenue $204,422 $139,425 +0.5%
Expenses $192,169 $177,026 +0.1%
Net Income $12,253 $-37,601 -1.3%
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

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Governance

Voting Members
3
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
0
$0
Total Directors
3
$10,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE BUCHHOLZ President 25.00
Director
$10,000 $0 $10,000
HAROLD HECHINGER Vice President 0.00
Director
$0 $0 $0
DEBBIE FRENGER Secretary 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
2021 $204,422 $192,169 $44,818 $12,253
2019 $224,977 $158,420 $70,166 $66,557
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