Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.21x
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
49th percentile
Higher net margin than 49% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 25.4% of source-year revenue.
Asset Growth
89th percentile
Faster asset growth than 89% of similar nonprofits.
Revenue Growth
70th percentile
Faster revenue growth than 70% of similar nonprofits.
Balance Sheet
Assets
Up$4,244
Up $1,825 (+75%) from 2022
Net Assets
Up$3,339
Up $2,249 (+206%) from 2022
Liabilities
Down$905
Down $424 (-32%) from 2022
Revenue And Expenses
Revenue
Up$86,856
Up $18,163 (+26%) from 2022
Expenses
Up$84,607
Up $16,041 (+23%) from 2022
Net Income
Up$2,249
Up $2,122 (+1671%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- May 13, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $86,856
Mission and Program Overview
Mission
Instill a solid foundation of confidence in our community through work ethic, martial arts, fitness, and family values.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| WE HOLD CLASSES FOR CHILDREN TO TEACH THEM SELF DEFENSE THROUGH MARTIAL ARTS. THESE CLASSES EDUCATE THEM ON THE IMPRTANCE OF PHYSICAL FITNESS IN FUN WAY THAT ENCOURAGES THEM TO KEEP THESE HABITS THOUGHOUT LIFE. WE ALSO HOST CLASSES FOR CHILDREN THAT TEACHES THEM HOW TO USE TOOLS ALONG WITH MULTIPLE CONSTRUCTION SKILLS. | - | $83,408 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GILBERT REGALADO JR | President & CEO | FT | $22,050 | - | $22,050 |
| CRYSTAL REGALADO | Secretary | PT | $3,600 | - | $3,600 |
| LORENA REGALADO | CFO | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Solid Foundations
- EIN
- 38-4135960
- Phone
- 8058156179
- Address
- 650 WARD DR 104, GOLETA, CA 93117
Signing Officer
- Name
- Gilbert Regalado Jr
- Title
- President & CEO
- Signed
- 2024-05-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Nicholson & Schwartz
- Address
- 111 E De La Guerra St, Santa Barbara, CA 93101
- Preparer
- Tony Vallejo
- Phone
- 8059699662
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $4223”
Other Expenses.1002
“Office Expenses $4112”
Other Expenses.1005
“Travel $3132”
Other Expenses.1012
“Insurance $841”
Other Expenses.1
“Membership Fees $6955”
Other Expenses.2
“SUPPLIES $2947”
Other Expenses.3
“SOFTWARE $2541”
Other Expenses.4
“Repairs $1461”
Other Expenses.5
“TAXES & LICENSES $987”
Other Expenses.6
“Meals $800”
Other Expenses.7
“Outside Services $765”
Other Expenses.8
“Continuing education $746”
Other Expenses.9
“TELEPHONE $616”
Other Expenses.10
“SCHOLARSHIPS $340”
Other Expenses.11
“MEDICAL EXPENSES $160”
Other Expenses.12
“BANK CHARGES $14”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $14 Accounts Payable and Accrued Expenses - Ending $48”
Total Liabilities.1008
“Unsecured Notes and Loans Payable - Beginning $1315 Unsecured Notes and Loans Payable - Ending $857”
Raw XML Appendix173 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GILBERT REGALADO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8058156179 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 650 WARD DR SUITE 104 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GOLETA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 93117 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2419 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4244 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 86856 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2249 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1199 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 2419 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 4244 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 86856 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1090 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 3339 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1090 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 3339 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 22233 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 22050 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 3600 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GILBERT REGALADO JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LORENA REGALADO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CRYSTAL REGALADO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President & CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CFO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 30640 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Instill a solid foundation of confidence in our community through work ethic, martial arts, fitness, and family values. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | WE HOLD CLASSES FOR CHILDREN TO TEACH THEM SELF DEFENSE THROUGH MARTIAL ARTS. THESE CLASSES EDUCATE THEM ON THE IMPRTANCE OF PHYSICAL FITNESS IN FUN WAY THAT ENCOURAGES THEM TO KEEP THESE HABITS THOUGHOUT LIFE. WE ALSO HOST CLASSES FOR CHILDREN THAT TEACHES THEM HOW TO USE TOOLS ALONG WITH MULTIPLE CONSTRUCTION SKILLS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 83408 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 30535 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1329 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 905 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 84607 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 83408 |
| IRS990EZ/TotalRevenueAmt | 0 | 86856 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 86856 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 68084 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 154940 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 154940 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 86856 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 68084 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 154940 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 86856 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 68084 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 154940 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $4223 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $4112 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $3132 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $841 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Membership Fees $6955 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SUPPLIES $2947 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | SOFTWARE $2541 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Repairs $1461 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | TAXES & LICENSES $987 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Meals $800 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Outside Services $765 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | CONTINUING EDUCATION $746 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | TELEPHONE $616 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | SCHOLARSHIPS $340 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | MEDICAL EXPENSES $160 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | BANK CHARGES $14 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Accounts Payable and Accrued Expenses - Beginning $14 Accounts Payable and Accrued Expenses - Ending $48 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Unsecured Notes and Loans Payable - Beginning $1315 Unsecured Notes and Loans Payable - Ending $857 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Other Expenses.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Total Liabilities.1008 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GILBERT REGALADO JR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President & CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SOLID FOUNDATIONS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SOLI |
| ReturnHeader/Filer/EIN | 0 | 384135960 |
| ReturnHeader/Filer/PhoneNum | 0 | 8058156179 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 650 WARD DR 104 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GOLETA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 93117 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 760723336 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Nicholson & Schwartz |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 111 E De La Guerra St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Santa Barbara |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 93101 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8059699662 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TONY VALLEJO |
| ReturnHeader/ReturnTs | 0 | 2024-05-13T18:59:57-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | GILBERT REGALADO |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | JR |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $4,244
- Liabilities
- $905
- Net assets
- $3,339
- Revenue
- $86,856
- Expenses
- $84,607
- Net income
- $2,249