SOLUTIONS NOW FOUNDATION (EIN 850774148) - 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

2020

Legal Domicile

Principal Officer

RICHARD HABERSHAM

Phone

9176095296

Tax Period

2023-01-01 to 2023-12-31

SOLUTIONS NOW FOUNDATION, founded in 2020, is a small nonprofit in the Human Services sector that reported $133K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $177K exceeded revenue, resulting in a 33% operating deficit.

Mission

SOLUTIONS NOW IS FOCUSED ON BUILDING CHARACTER IN CHILDREN IN UNDERSERVED COMMUNITIES BY PROVIDING THEM WITH IMMERSIVE EDUCATION AND CULTURAL EXPERIENCES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $133,105

Program Service Revenue $0

Investment Income $47

Other Revenue $0

TOTAL REVENUE $133,152

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $6,037

Program Expenses $101,853

Other Expenses $176,613

TOTAL EXPENSES $176,613

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,152	$151,285	-0.1%
Expenses	$176,613	$135,652	+0.3%
Net Income	$-43,461	$15,633	-3.8%

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

Governance

Voting Members

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

$103,300

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD HABERSHAM	PRESIDENT	40.00	Officer	$103,300	$0	$103,300
NICOLE KLEIN	EXECUTIVE DI	4.00	Officer	$0	$0	$0
SHAWN SABIN	BOARD MEMBER	4.00	Director	$0	$0	$0
DR KAMALA GREENE GENESE	BOARD MEMBER	4.00	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
2024	No data	No data	No data	No data
2023	$133,152	$176,613	$7,298	$-43,461
2022	$151,285	$135,652	$50,759	$15,633
2020	$74,350	$65,787	$19,796	$8,563

SOLUTIONS NOW FOUNDATION