SOLUTIONS ORIENTED ADDICTION RESPO… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

JOE SOLOMON

Phone

3049894216

Tax Period

2023-01-01 to 2023-12-31

SOLUTIONS ORIENTED ADDICTION RESPONSE, founded in 2018, is a small nonprofit in the Mental Health sector that reported $203K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $256K exceeded revenue, resulting in a 26% operating deficit.

Mission

COMMUNITY BASED ORGANIZATION PROMOTING HEALTH, DIGNITY, AND VOICES OF INDIVIDUALS WHO ARE IMPACTED BY DRUG USE.

Program Service Accomplishments

Program 1

Expenses: $178,203

MUTUTAL AID OUTREACH PROJECT WHICH FOCUSES ON DIRECT SERVICES TO MITIGATE THE OVERDOSE CRISIS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $203,012

Program Service Revenue $0

Investment Income $0

Other Revenue $99

TOTAL REVENUE $203,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,931

Fundraising Expenses $32,132

Program Expenses $178,203

Other Expenses $171,841

TOTAL EXPENSES $255,772

Year-over-Year Comparison

	2023	2022	Change
Revenue	$203,111	$215,052	-0.1%
Expenses	$255,772	$161,590	+0.6%
Net Income	$-52,661	$53,462	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$77,967

Total Directors

$2,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH CORDWELL	PRESIDENT	2.00	Director	$2,000	$0	$2,000
BROOKE PARKER	VICE PRESIDENT	2.00	Director	$0	$0	$0
JOSHUA CORDWELL	TREASURER	2.00	Director	$0	$0	$0
STACY KAY	CO-DIRECTOR	20.00	Officer	$38,969	$0	$38,969
JOE SOLOMON	CO-DIRECTOR	20.00	Officer	$38,998	$0	$38,998

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
2024	No data	No data	No data	No data
2023	$203,111	$255,772	$72,933	$-52,661
2022	$215,052	$161,590	$123,037	$53,462

SOLUTIONS ORIENTED ADDICTION RESPONSE