Solidaire Network Inc (EIN 842130536) - 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

2019

Legal Domicile

Principal Officer

Rajasvini Bhansali

Phone

5106071999

Tax Period

2024-07-01 to 2025-06-30

Solidaire Network Inc, founded in 2019, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $27.1M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.6M, a strong 43% operating margin.

Mission

Solidaire Network nurtures relationships within social movements to create regenerative systems rooted in love and justice.

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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 (2024)

Revenue Breakdown

Contributions & Grants $26,897,687

Program Service Revenue $136,761

Investment Income $55,475

Other Revenue $3,828

TOTAL REVENUE $27,093,751

Expense Breakdown

Grants Paid $9,326,217

Salaries & Benefits $4,468,914

Fundraising Expenses $775,142

Program Expenses $12,932,429

Other Expenses $1,744,366

TOTAL EXPENSES $15,539,497

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,093,751	$17,787,901	+0.5%
Expenses	$15,539,497	$14,539,604	+0.1%
Net Income	$11,554,254	$3,248,297	+2.6%

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

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

$386,089

Total Directors

$386,089

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rajasvini Bhansali	Executive Director	40.00	Officer Director	$319,186	$66,903	$386,089
Melanie Havelin	Co-Chair	6.00	Officer Director	$0	$0	$0
Bia Beatriz Vieira	Co-Chair	6.00	Officer Director	$0	$0	$0
Ingrid Benedict	Co-Chair Until May 2025	6.00	Officer Director	$0	$0	$0
Sam Vinal	Co-Chair Until June 2025	6.00	Officer Director	$0	$0	$0
Marsha Davis	Vice-Chair	4.00	Officer Director	$0	$0	$0
Robin Beck	Secretary	6.00	Officer Director	$0	$0	$0
Anna Lefer Kuhn	Treasurer	6.00	Officer Director	$0	$0	$0
Alan Preston	Director	3.00	Director	$0	$0	$0
Dimple Abichandani	Director	3.00	Director	$0	$0	$0
Grant Sunderland	Director	3.00	Director	$0	$0	$0
Katherine Franke	Director	3.00	Director	$0	$0	$0
Laura Flynn	Director	3.00	Director	$0	$0	$0
Rabbi Becky Silverstein	Director	3.00	Director	$0	$0	$0
Rachel Shah	Director	3.00	Director	$0	$0	$0
Susan Pritzker	Director	3.00	Director	$0	$0	$0
Tema Okun	Director	3.00	Director	$0	$0	$0
Jesenia Santana	Movement Partnerships Director/Senior Infrastructu	40.00	Highest	$204,267	$58,226	$262,493
Malachi Larrabee	Strategy & Innovation Director	40.00	Highest	$203,832	$39,004	$242,836
Isaac Lev Szmonko	Organizing Director	40.00	Highest	$192,196	$31,189	$223,385
Daniel Lee	Philanthropic Transformation Director	40.00	Highest	$187,534	$37,566	$225,100
Cory Pohley	Director of People and Culture	32.00	Highest	$168,639	$49,814	$218,453

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
2025	$27,093,751	$15,539,497	$17,536,454	$11,554,254
2024	$17,787,901	$14,539,604	$5,968,532	$3,248,297
2023	$7,973,691	$12,207,278	$2,945,543	$-4,233,587
2022	$7,898,596	$12,449,504	$12,776,145	$-4,550,908
2022	$7,898,596	$12,449,504	$12,776,145	$-4,550,908
2021	$35,496,932	$25,700,158	$22,266,535	$9,796,774

Solidaire Network Inc