THE SOL FOUNDATION FOR ADVANCED SCIENTIFIC AND RESEARCH POLICY

EIN: 933649160 501(c)(3) Science & Technology

AUBURN, CA

Total Revenue
$937,625
Total Expenses
$861,680
Total Assets
$65,945
Net Assets
$-104,055
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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
2023
Legal Domicile
CA
Principal Officer
PETER SKAFISH
Phone
4083071867
Tax Period
2024-01-01 to 2024-12-31

THE SOL FOUNDATION FOR ADVANCED SCIENTIFIC AND RESEARCH POLICY, founded in 2023, is a small nonprofit in the Science & Technology sector that reported $938K in total revenue in fiscal year 2024. Expenses of $862K left a modest 8% surplus.

Mission

THE SOL FOUNDATION FOR ADVANCED SCIENTIFIC AND POLICY RESEARCH (THE FOUNDATION) CONDUCTS AND FUNDS SCIENTIFIC RESEARCH RELATING TO UNIDENTIFIED ANOMALOUS PHENOMENA (UAP), AND IS DEDICATED TO ADVANCING RIGOROUS, METHODICAL, AND CUTTINGEDGE INQUIRY BY NOTED SPECIALISTS IN THE NATURAL AND SOCIAL SCIENCES, ENGINEERING, AND THE HUMANITIES INTO ALL ASPECTS OF UAP AND THEIR IMPLICATIONS FOR HUMANKIND AND OUR PLANET. AS THE REVELATION OF THE REALITY OF UAP IS LIKELY TO BE WORLD CHANGING IN EVERY SENSE OF THE TERM, THE FOUNDATION'S WORK ALSO EXTENDS TO ADVISORY WORK AND POLICY RESEARCH INTENDED TO SUPPORT THE UNITED STATES GOVERNMENT AS WELL AS PUBLIC EDUCATION AND ENGAGEMENT.

Program Service Accomplishments

Program 1
Expenses: $367,854 Revenue: $179,087

THE 2024 SOL FOUNDATION SYMPOSIUM HELD AT THE FORT MASON CENTER, SAN FRANCISCO, CA BETWEEN NOVEMBER 22 AND NOVEMBER 23, 2024.

Program 2
Expenses: $10,000

THROUGH GRANTS AND SPONSORSHIPS, THE SOL FOUNDATION SUPPORTS THE PUBLICATION OF WHITE PAPERS RELATED TO THE SCIENFITIC, TECHNOLOGICAL, ECONOMIC, POLITICAL, LEGAL, RELIGIOUS, AND CULTURAL IMPLICAITONS...

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THROUGH GRANTS AND SPONSORSHIPS, THE SOL FOUNDATION SUPPORTS THE PUBLICATION OF WHITE PAPERS RELATED TO THE SCIENFITIC, TECHNOLOGICAL, ECONOMIC, POLITICAL, LEGAL, RELIGIOUS, AND CULTURAL IMPLICAITONS OF THE PRESENCE OF UNIDENTIFIED ANOMALOUS PHENOMENA IN OUR REALITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $758,538
Program Service Revenue $179,087
Investment Income $0
Other Revenue $0
TOTAL REVENUE $937,625

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $377,854
Other Expenses $851,680
TOTAL EXPENSES $861,680

Year-over-Year Comparison

2024 2023 Change
Revenue $937,625 N/A N/A
Expenses $861,680 N/A N/A
Net Income $75,945 $0 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
3
Independent Members
3
Employees
N/A
Volunteers
25

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
2
$100,000
Total Directors
3
$60,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARRY NOLAN DIRECTOR 0.00
Director
$0 $0 $0
PETER SKAFISH SECRETARY 1.00
Officer Director
$20,000 $40,000 $60,000
JONATHAN BERTE TREASURER 0.00
Director
$0 $0 $0
MAURA MINDRILA CO-CEO 0.00
Officer
$0 $40,000 $40,000
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
2024 $937,625 $861,680 $65,945 $75,945
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