Civic Intelligence

Solon Benevolent Fund Inc

EIN 13-4295275 • 501(c)3 • Solon, OH

Profile

Financial aid and assistance to individuals and groups in Solon Ohio

P O Box 391141Solon, OH 44139

n/a

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

11th percentile

-80%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

23rd percentile

-41%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-43%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$40,838

Down $28,101 (-41%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$40,838

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin11th percentile

Revenue

Down

$35,148

Down $26,311 (-43%) from 2023

Expenses

Up

$63,249

Up $28,156 (+80%) from 2023

Net Income

Down

-$28,101

Down $54,467 (-207%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2010: $25,680Net Assets 2010: $25,6802010Assets 2011: $37,314Net Assets 2011: $37,3142011Assets 2012: $37,437Net Assets 2012: $37,4372012Assets 2013: $44,857Net Assets 2013: $44,8572013Assets 2014: $49,951Net Assets 2014: $49,9512014Assets 2015: $39,920Net Assets 2015: $39,9202015Assets 2016: $29,627Net Assets 2016: $29,6272016Assets 2017: $28,997Net Assets 2017: $28,9972017Assets 2018: $23,459Net Assets 2018: $23,4592018Assets 2019: $23,444Net Assets 2019: $23,4442019Assets 2020: $23,290Net Assets 2020: $23,2902020Assets 2021: $43,725Net Assets 2021: $43,7252021Assets 2022: $42,573Net Assets 2022: $42,5732022Assets 2023: $68,939Liabilities 2023: $02023Assets 2024: $40,838Net Assets 2024: $40,8382024

Highlighted filing

2024

Assets$40,838
Liabilities-
Net Assets$40,838
Open 2024 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $23,092Expenses 2010: $20,860Net Income 2010: $2,2322010Revenue 2011: $31,239Expenses 2011: $19,605Net Income 2011: $11,6342011Revenue 2012: $27,254Expenses 2012: $27,131Net Income 2012: $1232012Revenue 2013: $33,030Expenses 2013: $25,610Net Income 2013: $7,4202013Revenue 2014: $42,080Expenses 2014: $36,986Net Income 2014: $5,0942014Revenue 2015: $25,731Expenses 2015: $35,762Net Income 2015: -$10,0312015Revenue 2016: $21,578Expenses 2016: $31,871Net Income 2016: -$10,2932016Revenue 2017: $26,851Expenses 2017: $27,481Net Income 2017: -$6302017Revenue 2018: $29,747Expenses 2018: $35,285Net Income 2018: -$5,5382018Revenue 2019: $32,560Expenses 2019: $32,575Net Income 2019: -$152019Revenue 2020: $17,879Expenses 2020: $18,033Net Income 2020: -$1542020Revenue 2021: $61,121Expenses 2021: $40,686Net Income 2021: $20,4352021Revenue 2022: $43,760Expenses 2022: $44,912Net Income 2022: -$1,1522022Revenue 2023: $61,459Expenses 2023: $35,093Net Income 2023: $26,3662023Revenue 2024: $35,148Expenses 2024: $63,249Net Income 2024: -$28,1012024

Highlighted filing

2024

Revenue$35,148
Expenses$63,249
Net Income-$28,101
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,838
Liabilities
-
Net assets
$40,838
Revenue
$35,148
Expenses
$63,249
Net income
-$28,101
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$40.8$40.8$35.1$63.2$28.1
2023Summary only. Only limited summary data is available for this year.$68.9$0.00$61.5$35.1$26.4
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.6$42.6$43.8$44.9$1.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.7$43.7$61.1$40.7$20.4
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.3$23.3$17.9$18.0$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.4$23.4$32.6$32.6$0.02
2018Detailed filing. Detailed filing data is available for this year.$23.5$23.5$29.7$35.3$5.54
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.0$29.0$26.9$27.5$0.63
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.6$29.6$21.6$31.9$10.3
2015Detailed filing. Detailed filing data is available for this year.$39.9$39.9$25.7$35.8$10.0
2014Detailed filing. Detailed filing data is available for this year.$50.0$50.0$42.1$37.0$5.09
2013Detailed filing. Detailed filing data is available for this year.$44.9$44.9$33.0$25.6$7.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.4$37.4$27.3$27.1$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.3$37.3$31.2$19.6$11.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.7$25.7$23.1$20.9$2.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 23, 2025
Return Version
2024v5.2
Gross Receipts
$42,752
Mission and Program Overview

Mission

Financial aid and assistance to individuals and groups in Solon Ohio

Program Services

DescriptionGrantsExpenses
Assistance to local families and non profit organizations for those in need$62,398-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas WassonPresidentPT$0--
Donna OstbergVice PresidentPT$0--
Sandy PannettiSecretaryPT$0--
Mark JacobsonTreasurerPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Solon Home Days$26,206$26,206$1,444$24,762
Total Events$26,206$26,206$7,604$18,602
Filing and Contact Details

Filer

Filer Name
Solon Benevolent Fund Inc
EIN
13-4295275
Address
P O Box 391141, Solon, OH 44139

Signing Officer

Name
Thomas Wasson
Title
President
Signed
2025-09-23
Discuss with paid preparer
Yes

Preparer

Firm
Accounting & Business Connection Inc
Address
P O Box 391343, Solon, OH 44139
Preparer
Natalie Young Liberatore
Phone
2163102120
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 851”

Raw XML Appendix158 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0Thomas Wasson
CompensationExplanation/CompensationExplanationGrp/PersonNm1Donna Ostberg
CompensationExplanation/CompensationExplanationGrp/PersonNm2Sandy Pannetti
CompensationExplanation/CompensationExplanationGrp/PersonNm3Mark Jacobson
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0All officers and directors are volunteers
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt1All officers and directors are volunteers
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt2All officers and directors are volunteers
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt3All officers and directors are volunteers
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Mark Jacobson
IRS990EZ/BooksInCareOfDetail/PhoneNum04402483636
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O Box 391141
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Solon
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044139
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt068939
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt040838
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013681
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-28101
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt068939
IRS990EZ/Form990TotalAssetsGrp/EOYAmt040838
IRS990EZ/FundraisingGrossIncomeAmt026206
IRS990EZ/GrantsAndSimilarAmountsPaidAmt062398
IRS990EZ/GrossReceiptsAmt042752
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02865
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt068939
IRS990EZ/NetAssetsOrFundBalancesEOYAmt040838
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt068939
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt040838
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Thomas Wasson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Donna Ostberg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Sandy Pannetti
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Mark Jacobson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0851
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Financial aid and assistance to individuals and groups in Solon Ohio
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Assistance to local families and non profit organizations for those in need
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt062398
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt07604
IRS990EZ/SpecialEventsNetIncomeLossAmt018602
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OH
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt063249
IRS990EZ/TotalRevenueAmt035148
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0n/a
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013681
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt026293
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt011963
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt032681
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt017879
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0102497
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0102497
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013681
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt026293
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt011963
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt032681
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt017879
IRS990ScheduleA/Total509Grp/TotalAmt0102497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013681
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt026293
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt011963
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt032681
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt017879
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0102497
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt06160
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt06160
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07604
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Solon Home Days
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt026206
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt026206
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt026206
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt026206
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018602
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01444
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01444
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 851
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Thomas Wasson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Solon Benevolent Fund Inc
ReturnHeader/Filer/BusinessNameControlTxt0SOLO
ReturnHeader/Filer/EIN0134295275
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 391141
ReturnHeader/Filer/USAddress/CityNm0Solon
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044139
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203573227
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Accounting & Business Connection Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 391343
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Solon
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044139
ReturnHeader/PreparerPersonGrp/PhoneNum02163102120
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Natalie Young Liberatore
ReturnHeader/ReturnTs02025-09-23T04:55:48-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits