Civic Intelligence

S O What Foundation Inc

EIN 46-1798141 • 501(c)3 • Memphis, TN

Profile

The s o what foundation mission is to provide inspiration, education and resources to help people overcome obstacles and eliminate excuses hindering individual and family success

PO Box 754597Memphis, TN 38175

www.summerowens.com

Siviq Scores

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

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

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

Liabilities / Revenue

78th percentile

0.04x

Higher debt load relative to revenue than 78% of similar nonprofits.

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

Net Margin

26th percentile

-16%

Higher net margin than 26% 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

38th percentile

-12%

Faster asset growth than 38% of similar nonprofits.

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

Revenue Growth

14th percentile

-63%

Faster revenue growth than 14% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$30,035

Down $4,079 (-12%) from 2023

Liabilities

Up

$1,500

Up $1,500 from 2023

Net Assets

$28,535

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue78th percentileNet Margin26th percentile

Revenue

Down

$34,635

Down $59,436 (-63%) from 2023

Expenses

Down

$40,262

Down $32,267 (-44%) from 2023

Net Income

Down

-$5,627

Down $27,169 (-126%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth38th percentile

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

$40K$30K$20K$10K$0Assets 2013: $498Liabilities 2013: $0Net Assets 2013: $4982013Assets 2014: $992Liabilities 2014: $0Net Assets 2014: $9922014Assets 2023: $34,114Liabilities 2023: $02023Assets 2024: $30,035Liabilities 2024: $1,500Net Assets 2024: $28,5352024

Highlighted filing

2024

Assets$30,035
Liabilities$1,500
Net Assets$28,535
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

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

$100K$50K$0-$50KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $576Expenses 2014: $82Net Income 2014: $4942014Revenue 2023: $94,071Expenses 2023: $72,529Net Income 2023: $21,5422023Revenue 2024: $34,635Expenses 2024: $40,262Net Income 2024: -$5,6272024

Highlighted filing

2024

Revenue$34,635
Expenses$40,262
Net Income-$5,627
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$30,035
Liabilities
$1,500
Net assets
$28,535
Revenue
$34,635
Expenses
$40,262
Net income
-$5,627
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$30.0$1.50$28.5$34.6$40.3$5.63
2023Summary only. Only limited summary data is available for this year.$34.1$0.00$94.1$72.5$21.5
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.58$0.08$0.49
2013Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 24, 2025
Return Version
2024v5.1
Gross Receipts
$66,166
Mission and Program Overview

Mission

The s o what foundation mission is to provide inspiration, education and resources to help people overcome obstacles and eliminate excuses hindering individual and family success

Community Service

Program Services

DescriptionGrantsExpenses
Community Service$29,500$16,821
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Summer OwensPresident & CEOPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
SO What Awar$18,475$18,475$21,925$-3,450
Love Yoursel$5,897$5,897$9,606$-3,709
Total Events$24,372$24,372$31,531$-7,159
Filing and Contact Details

Filer

Filer Name
SO What Foundation
EIN
46-1798141
In Care Of
% Summer Owens
Address
PO Box 754597, Memphis, TN 38175

Signing Officer

Name
Summer Owens
Title
President & CEO
Phone
9012999749
Signed
2025-06-24
Discuss with paid preparer
No

Preparer

Firm
Assurance Accounting & Tax Company
Address
1661 International Drive, Memphis, TN 38120
Preparer
Melissa D Dillon
Phone
9014744562
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountMiscellaneous Income 3,000Scholarship Funds 1,740”

Description of other expenses Part I line 16

“Description AmountAdvertising & Marketing 161Bank Charges & Fees 60Meals/Catering 529Charitable Contribution 2,071Office Software & Apps 447Office Supplies 2,598Processing/Paypal Fees 469Staffing/Recruiting 29Websiste Hosting/Maintenance 158Permits & Licenses 20Program Expenses 21,821Miscellaneous 65”

Other changes in net assets or fund balances Part I line 20

“Description AmountPrior Year Adj 48”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearReimbursed Payable 0 1,500”

Raw XML Appendix140 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum09014744562
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Memphis
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038120
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IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt0-5627
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt011202
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt030035
IRS990EZ/FundraisingGrossIncomeAmt026704
IRS990EZ/GrossReceiptsAmt066166
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt048
IRS990EZ/OtherExpensesTotalAmt028428
IRS990EZ/OtherRevenueTotalAmt04740
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Community Service
IRS990EZ/PrintingPublicationsPostageAmt0632
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Community Service
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt029500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016821
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt031531
IRS990EZ/SpecialEventsNetIncomeLossAmt0-4827
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt040262
IRS990EZ/TotalProgramServiceExpensesAmt016821
IRS990EZ/TotalRevenueAmt034635
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.thesowhatfoundation.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt034722
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt094071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0128793
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01740
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0128793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt034722
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt094071
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0128793
IRS990ScheduleA/TotalSupportAmt0131793
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031531
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SO What Awar
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Love Yoursel
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt05897
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt024372
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018475
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt024372
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-7159
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt031531
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt021925
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt09606
IRS990ScheduleG/LicensedStatesCd0TN
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMiscellaneous Income 3,000Scholarship Funds 1,740
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountAdvertising & Marketing 161Bank Charges & Fees 60Meals/Catering 529Charitable Contribution 2,071Office Software & Apps 447Office Supplies 2,598Processing/Paypal Fees 469Staffing/Recruiting 29Websiste Hosting/Maintenance 158Permits & Licenses 20Program Expenses 21,821Miscellaneous 65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountPrior Year Adj 48
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0SUMMER OWENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09012999749
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SO What Foundation
ReturnHeader/Filer/BusinessNameControlTxt0SOWH
ReturnHeader/Filer/EIN0461798141
ReturnHeader/Filer/InCareOfNm0% Summer Owens
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 754597
ReturnHeader/Filer/USAddress/CityNm0Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038175
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814464120
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Assurance Accounting & Tax Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01661 International Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Memphis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038120
ReturnHeader/PreparerPersonGrp/PhoneNum09014744562
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELISSA D DILLON
ReturnHeader/ReturnTs02025-06-30T09:09:52-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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