Civic Intelligence

Solutions for Change Inc.

990 • Fiscal year 2020 • EIN 33-0902617

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

722 W California AvenueVista, CA 92083

(760) 941-6545

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.97x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

3.63x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

12th percentile

-22%

Higher net margin than 12% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

62nd percentile

$210,783

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

12th percentile

-4.9%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

31%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$13,355,941

Down $850,989 (-6.0%) from 2018

Net Assets

Down

$379,177

Down $475,505 (-56%) from 2018

Liabilities

Down

$12,976,764

Down $375,484 (-2.8%) from 2018

Revenue

Down

$3,571,397

Down $782,809 (-18%) from 2018

Expenses

Up

$4,359,427

Up $771,881 (+22%) from 2018

Net Income

Down

-$788,030

Down $1,554,690 (-203%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$10M$0-$10MAssets 2010: $4,324,660Liabilities 2010: $3,378,149Net Assets 2010: $946,5112010Assets 2012: $9,406,079Liabilities 2012: $8,464,290Net Assets 2012: $941,7892012Assets 2014: $15,514,456Liabilities 2014: $14,573,605Net Assets 2014: $940,8512014Assets 2015: $15,863,690Liabilities 2015: $16,286,958Net Assets 2015: -$423,2682015Assets 2016: $13,237,269Liabilities 2016: $14,215,835Net Assets 2016: -$978,5662016Assets 2017: $13,850,413Liabilities 2017: $13,242,016Net Assets 2017: $608,3972017Assets 2018: $14,206,930Liabilities 2018: $13,352,248Net Assets 2018: $854,6822018Assets 2020: $13,355,941Liabilities 2020: $12,976,764Net Assets 2020: $379,1772020Assets 2021: $11,073,886Liabilities 2021: $13,546,328Net Assets 2021: -$2,472,4422021Assets 2022: $11,521,449Liabilities 2022: $13,983,136Net Assets 2022: -$2,461,6872022Assets 2024: $8,188,113Liabilities 2024: $13,921,043Net Assets 2024: -$5,732,9302024

Highlighted filing

2020

Assets$13,355,941
Liabilities$12,976,764
Net Assets$379,177

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,425,7272010Expenses 2012: $3,151,6932012Revenue 2014: $3,395,990Expenses 2014: $3,665,913Net Income 2014: -$269,9232014Revenue 2015: $2,661,106Expenses 2015: $4,155,139Net Income 2015: -$1,494,0332015Revenue 2016: $3,121,224Expenses 2016: $3,409,545Net Income 2016: -$288,3212016Revenue 2017: $5,407,457Expenses 2017: $3,329,200Net Income 2017: $2,078,2572017Revenue 2018: $4,354,206Expenses 2018: $3,587,546Net Income 2018: $766,6602018Revenue 2020: $3,571,397Expenses 2020: $4,359,427Net Income 2020: -$788,0302020Revenue 2021: $4,496,637Expenses 2021: $4,687,362Net Income 2021: -$190,7252021Revenue 2022: $5,226,202Expenses 2022: $4,993,199Net Income 2022: $233,0032022Revenue 2024: $3,864,532Expenses 2024: $4,155,381Net Income 2024: -$290,8492024

Highlighted filing

2020

Revenue$3,571,397
Expenses$4,359,427
Net Income-$788,030
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$3,638,996
Mission and Program Overview

Mission

To solve family homelessness, one family, one community at a time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,137,990$9,817,291▼ $320,699
Other Notes and Loans Receivable, Net$4,604,862$4,597,179▼ $7,683
Pledges and Grants Receivable$212,195$353,077▲ $140,882
Cash and Non-Interest-Bearing Accounts$314,308$177,639▼ $136,669
Savings and Temporary Cash Investments$128,451$47,050▼ $81,401
Prepaid Expenses and Deferred Charges$29,676$27,079▼ $2,597
Inventories for Sale or Use$7,500$4,000▼ $3,500
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$14,038,029$13,355,941▼ $682,088
Other Assets Total$-1,396,953$-1,667,374▼ $270,421
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,916,605$10,973,477▲ $56,872
Other Liabilities$1,309,999$1,494,948▲ $184,949
Unsecured Notes Loans Payable$250,000$250,000→ $0
Accounts Payable and Accrued Expenses$109,050$195,213▲ $86,163
Deferred Revenue$13,449$63,126▲ $49,677
Total Liabilities$12,599,103$12,976,764▲ $377,661
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,306,723$324,899▼ $981,824
Net Assets With Donor Restrictions$132,203$54,278▼ $77,925
Total Net Assets Fund Balance$1,438,926$379,177▼ $1,059,749
Total Liabilities and Net Assets / Fund Balance$14,038,029$13,355,941▼ $682,088

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,559,688$2,383,581$7,943,269
Land$4,185,895-$4,185,895
Equipment$71,708$348,356$420,064
Other Land Buildings-$54,405$54,405
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris MegisonPresident & CEOFT$167,774$43,009$210,783
Dennis BoneExecutive VPFT$101,135$572$101,707
Tamera MegisonSenior VPFT$99,000$353$99,353

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,842,553
Program Service Revenue
$653,492
Investment Income
$81,922
Other Revenue
$-6,570
All Other Contributions
$2,433,828
Change in Net Assets
$-788,030

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,571,397
Revenue Not Reported on Form 990
$-74,520
Total Revenue per Audited Statements
$3,496,877
Total Revenue per Form 990
$3,571,397
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,322,040
Other Expenses$2,037,387
Total Fundraising Expense$134,634
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,609,423$105,284-$1,714,707
Depreciation Depletion$352,201--$352,201
Interest$334,844--$334,844
Current Officers, Directors, Trustees, and Key Employees$99,000$74,498$111,746$285,244
All Other Expenses$123,293$64,693$630$188,616
Payroll Taxes$147,918$27,972$10,237$186,127
Fees for Services Other$129,564$43,189-$172,753
Advertising$155,306--$155,306
Other Employee Benefits$109,153$19,307$7,502$135,962
Office Expenses$82,521$9,169-$91,690
Insurance$54,796$6,088$4,519$65,403
Occupancy$56,581--$56,581
Other Expenses$47,129$14,484-$47,129
Conferences and Meetings$16,410$24,614-$41,024
Total Functional Expenses$3,814,808$409,985$134,634$4,359,427

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,556,626
Expenses per Audited Statements$4,359,427
Total Expenses per Form 990$4,359,427
Expenses Not Reported on Form 990$197,199
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$1,133,402
Accrued Expenses$180,651
Related Party Payable$91,783
Tenant Trust Fund$47,586
Tenant Security Deposits$38,567
Share of Deficiency in Partnerships$1,959
Other Related Party Payable$1,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The ceo and vp of operations have a family relationship.

Form 990, Part VI, Line 11B: Form 990 Review Process

The organization hires an outside CPA to prepare the Form 990. Top management reviews the completed 990 and emails a copy of the Form 990 to our Board members for their review and approval prior to filing it with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

discussed regularly, Board meeting reviews of possible conflicts.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The organization considers the appropriate salary range for its employees and reviews third party documentation to help ensure that the compensation of our employees is comparable to our peers.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request to anyone who requests the documents.

form 990, PART VII, SECTION A

DETAIL OF REPORTABLE COMPENSATION FOR CHRIS MEGISON, PRESIDENT & CEO:Base Salary received in 2020 $ 156,621Retroactive pay from 2019, received in 2020 11,1532018 Incentive pay received in 2020 10,2902019 Incentive pay received in 2020 8,180Total reportable compensation in 2020 $ 186,244

Filing and Contact Details

Filer

Filer Name
Solutions for Change Inc
EIN
33-0902617
Phone
7609416545
Address
722 W CALIFORNIA AVENUE, VISTA, CA 92083

Signing Officer

Name
Chris Megison
Title
President & CEO
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Megison
Formed
1999
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
73
Volunteers
550

Preparer

Firm
Leaf & Cole LLP
Address
2810 Camino Del Rio South Suite 200, San Diego, CA 92108
Preparer
Jill Branch
Phone
6192947200
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Passthrough income/losses = -$271719

Form 990, P.5, Part V, Line 2A

The total number of employees reported consists of form w-3 totals for both solutions for change, inc. And solutions farms, llc which is included as a disregarded entity:solutions for change, inc.: 65solutions farms, llc.: 8

Financial Statement Notes

Part X : FIN48 Footnote

Solutions for Change is a public charity and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. Solutions for Change believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. Solutions for Change is not a private foundation.No provision or benefit for income taxes for the Limited Liability Companies and Limited Partnerships have been included in these consolidated financial statements since taxable income (loss) passes through to, and is reportable by, the Member/Partners individually.

Part XII, Line 2D: Other expenses and losses per audited F/S

Cost of goods sold expense $67599

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IRS990/Desc0Despite the challenges related to a global pandemic Solutions for Change (Solutions) continued its national leadership presence and unwavering commitment to address and solve the root causes of family homelessness. Responding to a record outpouring of unmet needs within the Southern California region Solutions remained focused on delivering its two-decade proven programmatic interventions. Through its innovative servant leadership-based academy, its workforce training farming initiatives and its accountability driven transformational housing programs Solutions provided a veil of protection to over 600 once homeless parents and their children, housed in six cities within seven residential communities spread throughout a 30 mile radius. Perhaps its top achievement was implemented by its alumni group. Seeing unprecedented negative impacts the graduates of Solutions mobilized resources and initiated a series of actions that included our current residents to help serve others in dire need; 1) delivered over 8 tons of organic food grown at its farm completely free to other nonprofits and low income persons in need, 2) rallied its graduate base and built large City approved outside patio decks for three struggling restaurants suffering from the pandemic at zero cost, saving them from closing, 3) Partnered dozens of program graduates with current parents who were ordered into lockdown thus guiding and coaching them through a frightening and uncertain timeframe, which then greatly minimized the relapse, child welfare and isolation issues that plagued others in similar situations.
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Peer Organizations

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