SOLVE

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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

1969

Legal Domicile

Principal Officer

LENA ULVI

Phone

5038449571

Tax Period

2024-01-01 to 2024-09-30

SOLVE, founded in 1969, is a community nonprofit in the Environment sector that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Net assets of $4.3M represent 38 months of operating reserves.

Mission

SOLVE IS AN ENVIRONMENTAL NONPROFIT THAT BEGAN AS A GRASSROOTS INITIATIVE AND HAS GROWN INTO A NATIONALLY RECOGNIZED MODEL FOR VOLUNTEER-DRIVEN STEWARDSHIP. EACH YEAR, SOLVE MOBILIZES THOUSANDS OF VOLUNTEERS ACROSS OREGON AND SOUTHWEST WASHINGTON TO CLEAN AND RESTORE NEIGHBORHOODS AND NATURAL AREAS, FOSTERING A CULTURE OF ENVIRONMENTAL CARE AND COMMUNITY PRIDE.

Program Service Accomplishments

Program 1

Expenses: $132,539

DETRASH PORTLAND CONNECTS LIKE-MINDED VOLUNTEERS WHO WANT TO TACKLE THE ISSUE OF LITTER IN PORTLAND. EACH WEEK, WE SUPPORT EVENTS THROUGHOUT THE CITY AND PROVIDE CLEANUP SUPPLIES, SAFETY INFORMATION, AND DISPOSAL ASSISTANCE FOR ANY WHO WOULD LIKE TO IMPROVE THEIR NEIGHBORHOOD THROUGH THE SIMPLE ACT OF CLEANING UP.

Program 2

Expenses: $77,232

BEACH AND RIVERSIDE CLEANUP - THOUSANDS OF VOLUNTEERS PICK UP TRASH, PULL INVASIVE VEGETATION AND PLANT NATIVE TREES ALONG OUR WATERWAYS AND BEACHES TO IMPROVE WILDLIFE HABITAT, EROSION CONTROL AND...

Program 3

Expenses: $79,524

OREGON SPRING CLEAN UP - ONE OF THE LARGEST EARTH DAY ACTIVITIES IN THE NATION, OREGON SPRING CLEAN UP PROJECTS TAKE PLACE AROUND THE STATE INVOLVING VOLUNTEERS IN ILLEGAL DUMPSITE AND NEIGHBORHOOD LITTER CLEANUPS, INVASIVE VEGETATION REMOVAL, NATIVE TREE AND SHRUB PLANTINGS AND MAINTENANCE OF WATERSHED RESTORATION SITES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,229,486

Program Service Revenue $89,682

Investment Income $56,079

Other Revenue $1,642

TOTAL REVENUE $1,376,889

Expense Breakdown

Grants Paid $0

Salaries & Benefits $913,085

Fundraising Expenses $100,385

Program Expenses $1,066,291

Other Expenses $425,394

TOTAL EXPENSES $1,338,479

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,376,889	$2,277,596	-0.4%
Expenses	$1,338,479	$1,992,415	-0.3%
Net Income	$38,410	$285,181	-0.9%

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

Employees

Volunteers

18896

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG MORRIS	BOARD CHAIR	2.50	Officer Director	$0	$0	$0
LENA ULVI	BOARD VICE CHAIR	2.50	Officer Director	$0	$0	$0
DOREEN LOOFBURROW	SECRETARY	2.50	Officer Director	$0	$0	$0
JEFF HALLIN	TREASURER/PAST BOARD CHAIR	2.50	Officer Director	$0	$0	$0
CHUCK LIETZ	BOARD MEMBER	1.50	Director	$0	$0	$0
ALISA DUNLAP	BOARD MEMBER	1.50	Director	$0	$0	$0
CLARE SCHMIDT	BOARD MEMBER	1.50	Director	$0	$0	$0
NINA DECONCINI	BOARD MEMBER	2.00	Director	$0	$0	$0
KAT WATKINS	BOARD MEMBER	2.00	Director	$0	$0	$0
ISIAH BALL	BOARD MEMBER	1.50	Director	$0	$0	$0
SAM MILDENBERGER	BOARD MEMBER	1.50	Director	$0	$0	$0
JOSH BEAN	BOARD MEMBER	1.50	Director	$0	$0	$0
KEVIN PRICE	BOARD MEMBER	2.00	Director	$0	$0	$0
MARVEITA REDDING	BOARD MEMBER	1.50	Director	$0	$0	$0
RACHEL DEROSIA	BOARD MEMBER	1.50	Director	$0	$0	$0
STEPHANIE RAWSON	BOARD MEMBER	2.00	Director	$0	$0	$0
MARY MOERLINS	BOARD MEMBER	1.50	Director	$0	$0	$0
CHRISTOPHER FRIEND	BOARD MEMBER	1.50	Director	$0	$0	$0
CLAIRE STEINER	BOARD MEMBER	1.50	Director	$0	$0	$0
JEFF BILSKI	BOARD MEMBER	1.50	Director	$0	$0	$0
KRIS CARICO	CEO	40.00	Officer	$0	$0	$0
SARA LISTER	FINANCE DIRECTOR	30.00	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
2024	$1,376,889	$1,338,479	$4,965,083	$38,410
2023	$2,277,596	$1,992,415	$4,806,317	$285,181
2022	$2,228,551	$1,778,490	$4,601,918	$450,061
2021	$2,245,258	$1,427,384	$3,746,880	$817,874
2020	$968,119	$1,053,534	$2,646,903	$-85,415
2019	$1,089,120	$1,028,605	$2,340,645	$60,515
2018	$979,379	$1,008,131	$2,007,812	$-28,752