SOL OF THE CITIES

EIN: 920631173 501(c)(3) Youth Development

BURNSVILLE, MN

Total Revenue
$87,574
Total Expenses
$64,768
Total Assets
$22,805
Net Assets
$22,805
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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
2022
Legal Domicile
MN
Principal Officer
SPARKLE WIMBERLY
Phone
6123272024
Tax Period
2023-01-01 to 2023-12-31

SOL OF THE CITIES, founded in 2022, is a micro nonprofit in the Youth Development sector that reported $88K in total revenue in fiscal year 2023. The organization ran a surplus of $23K, a strong 26% operating margin.

Mission

TO EMPOWER MARGINALIZED YOUTH THROUGH SPORTS AND COMMUNITY SERVICE, FOCUSING ON YOUTH DEVELOPMENT AND PROMOTING RACIAL EQUITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $87,574
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $87,574

Expense Breakdown

Grants Paid $1,235
Salaries & Benefits $0
Fundraising Expenses $638
Program Expenses $62,062
Other Expenses $63,533
TOTAL EXPENSES $64,768

Year-over-Year Comparison

2023 2022 Change
Revenue $87,574 N/A N/A
Expenses $64,768 N/A N/A
Net Income $22,806 N/A N/A
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
5
Independent Members
5
Employees
N/A
Volunteers
10

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
1
$0
Total Directors
4
$0
Key Employees
1
$47,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SPARKLEY WIMBERLY CHAIRWOMAN 10.00
Officer
$0 $0 $0
DAN ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
BROOKE BLAKEY DIRECTOR 1.00
Director
$0 $0 $0
JARED BREWINGTON DIRECTOR 1.00
Director
$0 $0 $0
MARIELLE SINICROPI ESQUIRE DIRECTOR 1.00
Director
$0 $0 $0
MARIO WIMBERLY KEY EMPLOYEE 15.00
Key Emp
$0 $47,000 $47,000
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
2023 $87,574 $64,768 $22,805 $22,806
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