The Solid Foundation Inc

EIN: 850497176 501(c)(3) Human Services

Bowie, MD

Total Revenue
$93,269
Total Expenses
$89,440
Total Assets
N/A
Net Assets
N/A
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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
MD
Principal Officer
LATASHA WARD
Tax Period
2022-01-01 to 2022-12-31

The Solid Foundation Inc, founded in 2020, is a micro nonprofit in the Human Services sector that reported $93K in total revenue in fiscal year 2022. Revenue surged 330% from the prior year, signaling strong growth momentum. Expenses of $89K left a modest 4% surplus.

Mission

To change lives through communitydriven and evidencebased supports that build resilience and wholeness

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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 (2022)

Revenue Breakdown

Contributions & Grants $93,269
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $93,269

Expense Breakdown

Grants Paid $6,500
Salaries & Benefits $42,091
Fundraising Expenses $31,591
Program Expenses $10,000
Other Expenses $40,849
TOTAL EXPENSES $89,440

Year-over-Year Comparison

2022 2021 Change
Revenue $93,269 $21,673 +3.3%
Expenses $89,440 $24,349 +2.7%
Net Income $3,829 $-2,676 -2.4%
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
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LATASHA WARD President and Executiv N/A
Officer
$0 $0 $0
MONICA ROEBUCK Vice President N/A
Officer
$0 $0 $0
TYA C RANSOM Treasurer N/A
Officer
$0 $0 $0
TAHJAI WARD FRAZIER Secretary N/A
Officer
$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
2022 $93,269 $89,440 No data $3,829
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