Solidaire Network Inc

EIN: 842130536 501(c)(3) Philanthropy & Grantmaking

Oakland, CA

Total Revenue
$27,093,751
Total Expenses
$15,539,497
Total Assets
$17,536,454
Net Assets
$16,105,934
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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
DE
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.

Program Service Accomplishments

Program 1
Expenses: $10,926,704

Movement Partnership and Grantmaking - Solidaire Network awards grants to the forefront of racial, gender climate and economic justice movements to meet immediate needs, back bold and innovative...

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Movement Partnership and Grantmaking - Solidaire Network awards grants to the forefront of racial, gender climate and economic justice movements to meet immediate needs, back bold and innovative ideas and help build lasting movement infrastructure through trusting relationships.

Program 2
Expenses: $2,005,725 Revenue: $140,589

Donor Organizing and Education - Solidaire Network unleashes the potential of individuals with wealth and philanthropic professionals through a transformative donor organizing model that focuses on...

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Donor Organizing and Education - Solidaire Network unleashes the potential of individuals with wealth and philanthropic professionals through a transformative donor organizing model that focuses on relationship, education, experimentation and innovative programming.

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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 (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

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Governance

Voting Members
15
Independent Members
14
Employees
28
Volunteers
17

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
8
$386,089
Total Directors
17
$386,089
Key Employees
0
$0
Highest Compensated
5
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
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