SOLHOMES INC

EIN: 844458904 501(c)(3)

Chevy Chase, MD

Total Revenue
$214,572
Total Expenses
$447,633
Total Assets
$50,345
Net Assets
$50,345
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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
2020
Legal Domicile
IL
Principal Officer
Jonah Messinger
Tax Period
2021-01-01 to 2021-12-31

SOLHOMES INC, founded in 2020, is a small nonprofit that reported $215K in total revenue in fiscal year 2021. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $448K exceeded revenue, resulting in a 109% operating deficit.

Mission

SolHomes supports resilient and sustainable energy for critical infrastructure in emerging economies

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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 $214,572
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $214,572

Expense Breakdown

Grants Paid $16,050
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $347,633
Other Expenses $431,583
TOTAL EXPENSES $447,633

Year-over-Year Comparison

2021 2020 Change
Revenue $214,572 $287,295 -0.3%
Expenses $447,633 $10,279 +42.5%
Net Income $-233,061 $277,016 -1.8%
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
4
Independent Members
4
Employees
N/A
Volunteers
85

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jonah Messinger President 2.00
Officer Director
$0 $0 $0
Akash Jain Secretary Vice President 2.00
Officer Director
$0 $0 $0
Shashikiran Duraisamy Treasurer Vice President 4.00
Officer Director
$0 $0 $0
Isha Kulkarni Vice President 2.00
Officer 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 $214,572 $447,633 $50,345 $-233,061
2020 $287,295 $10,279 $283,406 $277,016
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