Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
EIN 46-4043025 • 501(c)3 • Elkhart, IN
Profile
Providing technical equipment and resources, including radio equipment to various christian missionary organizations.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
Liabilities / Revenue
46th percentile
Higher debt load relative to revenue than 46% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
69th percentile
Faster asset growth than 69% of similar nonprofits.
Revenue Growth
34th percentile
Faster revenue growth than 34% of similar nonprofits.
Assets
Up$3,460,253
Up $374,889 (+12%) from 2019
Liabilities
Up$129,740
Up $12,807 (+11%) from 2019
Net Assets
Up$3,330,513
Up $362,082 (+12%) from 2019
Revenue
Down$2,234,092
Down $17,255 (-0.8%) from 2019
Expenses
Up$1,872,010
Up $180,507 (+11%) from 2019
Net Income
Down$362,082
Down $197,762 (-35%) from 2019
Most recent year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
Providing technical equipment and resources, including radio equipment to various christian missionary organizations.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,516,943 | $1,529,288 | ▲ $12,345 |
| Cash and Non-Interest-Bearing Accounts | $785,884 | $1,199,925 | ▲ $414,041 |
| Land, Buildings, and Equipment, Net | $355,693 | $347,773 | ▼ $7,920 |
| Inventories for Sale or Use | $213,874 | $228,118 | ▲ $14,244 |
| Pledges and Grants Receivable | $115,200 | - | - |
| Prepaid Expenses and Deferred Charges | $46,797 | $102,935 | ▲ $56,138 |
| Accounts Receivable | $5,282 | $5,388 | ▲ $106 |
| Total Assets | $3,085,364 | $3,460,253 | ▲ $374,889 |
| Other Assets Total | $45,691 | $46,826 | ▲ $1,135 |
| Liabilities | |||
| Deferred Revenue | $92,960 | $107,010 | ▲ $14,050 |
| Other Liabilities | $22,972 | $21,729 | ▼ $1,243 |
| Accounts Payable and Accrued Expenses | $1,001 | $1,001 | → $0 |
| Total Liabilities | $116,933 | $129,740 | ▲ $12,807 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,154,943 | $2,402,852 | ▲ $247,909 |
| Net Assets With Donor Restrictions | $813,488 | $927,661 | ▲ $114,173 |
| Total Net Assets Fund Balance | $2,968,431 | $3,330,513 | ▲ $362,082 |
| Total Liabilities and Net Assets / Fund Balance | $3,085,364 | $3,460,253 | ▲ $374,889 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $196,618 | $122,695 | $319,313 |
| Land | $150,000 | - | $150,000 |
| Other Land Buildings | $1,155 | $18,895 | $20,050 |
| Equipment | - | $6,836 | $6,836 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Daivd Russell | President an | FT | $95,756 | $95,756 |
| Jonathan Fiet | Chief Fin. O | FT | $86,316 | $86,316 |
| Curtlin Bender | V.p Operatio | FT | $66,910 | $66,910 |
| Name | Title |
|---|---|
| Paul Duckworth | Board Chairm |
| Jack Hiler | Board Member |
| Ray Laborde | Board Member |
| Sheri Campeau | Board Member |
| Tim Stephens | Board Member |
| Marian Douce | Board Secret |
| David White | Board Treasu |
| Gary Habegger | Board Vice C |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,547,092 |
| Other Expenses | $324,918 |
| Total Fundraising Expense | $54,282 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,055,248 | $80,266 | - | $1,135,514 |
| Current Officers, Directors, Trustees, and Key Employees | $162,666 | $86,316 | - | $248,982 |
| Office Expenses | $74,158 | $10,610 | $26,161 | $110,929 |
| Pension Plan Contributions | $57,828 | $40,510 | - | $98,338 |
| Fees for Services Management | $58,733 | - | $5,948 | $64,681 |
| Payroll Taxes | $44,906 | $12,422 | - | $57,328 |
| Occupancy | $48,619 | - | - | $48,619 |
| Fees for Services Accounting | - | $8,902 | $20,688 | $29,590 |
| Depreciation Depletion | $22,814 | - | - | $22,814 |
| Other Expenses | $9,019 | $11,173 | $653 | $20,845 |
| Travel | $13,068 | $2,964 | $607 | $16,639 |
| Other Employee Benefits | - | $6,930 | - | $6,930 |
| Information Technology | $4,159 | $417 | - | $4,576 |
| Advertising | $2,511 | $858 | $225 | $3,594 |
| Conferences and Meetings | $785 | $1,846 | - | $2,631 |
| Total Functional Expenses | $1,554,514 | $263,214 | $54,282 | $1,872,010 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Annuity Payable | $21,729 |
“(line 7a) the board governance committee is appointed by the chairman of the board annually, and is composed of the committee chairman and additional board directors, who annually seek to recruit , qualify and recommend individuals to the board of directors to fill open positions on the board to be voted on in the annual meeting of the corporation in december of each year. The governance committee was also composed of an advisor to the board in 2020.”
“Process by which the form 990 is reviewed by the members of the board of directors - all members of the board are sent a copy of the completed form 990 by e-mail and are asked to review it and respond by e-mail to the board chair that they have reviewed the completed form 990. When the chair has received word from all directors that they have reviewed the completed form 990 and are satisfied that it is accurate, the completed form 990 is filed with the internal revenue service.”
“The conflict of interest policy is monitored by way of an annual written statement from each officer and director. Any of these individuals with a perceived or actual conflict of interest is recused from discussion and voting on the matter to which the conflict relates.”
“The performance and compensation of the ceo is reviewed, deliberated and established in an executive session of sonset solutions' independent board of directors during which the ceo is excused. The corresponding decisions and actions are then communicated to the ceo by the board chairman.”
“The organization's corporate bylaws, conflict of interest policy and compiled financial statements will be made available to the general public upon written request.”
“Compensation for employees includes all gross pay, including ministerial housing allowance.”
“The activities of sonset solutions, inc. Are centered on the use of traditional and emerging technology for the propagation of the christian message and the strengthening of the christian church. We provide high quality technology-based equipment, service, consultation, and training to organizations who share our objectives. In 2020 we assisted 180 ministry organizations in 60 countries. We supplied transmitters, antenna systems, studio equipment, automation software and shipped over 8,273 fixed-tuned solar-power radio receivers for community and regional radio broadcast stations. We developed and delivered 300 satellite-based remote monitors for water systems that help ensure a dependable supply of clean water in underprivileged areas of the world. This caring for human need is a tangible demonstration of the essence of the message we seek to propagate. In 2020 we welcomed the participation of 3 university students who caught the vision and worked alongside us in these worthy activities. Sonset solutions inc. In its 7th year, continues the good work it began in 2014.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | THE ACTIVITIES OF SONSET SOLUTIONS, INC. ARE CENTERED ON THE USE OF TRADITIONAL AND EMERGING TECHNOLOGY FOR THE PROPAGATION OF THE CHRISTIAN MESSAGE AND THE STRENGTHENING OF THE CHRISTIAN CHURCH. WE PROVIDE HIGH QUALITY TECHNOLOGY-BASED EQUIPMENT, SERVICE, CONSULTATION, AND TRAINING TO ORGANIZATIONS WHO SHARE OUR OBJECTIVES. IN 2020 WE ASSISTED 180 MINISTRY ORGANIZATIONS IN 60 COUNTRIES. WE SUPPLIED TRANSMITTERS, ANTENNA SYSTEMS, STUDIO EQUIPMENT, AUTOMATION SOFTWARE AND SHIPPED OVER 8,273 FIXED-TUNED SOLAR-POWER RADIO RECEIVERS FOR COMMUNITY AND REGIONAL RADIO BROADCAST STATIONS. WE DEVELOPED AND DELIVERED 300 SATELLITE-BASED REMOTE MONITORS FOR WATER SYSTEMS THAT HELP ENSURE A DEPENDABLE SUPPLY OF CLEAN WATER IN UNDERPRIVILEGED AREAS OF THE WORLD. THIS CARING FOR HUMAN NEED IS A TANGIBLE DEMONSTRATION OF THE ESSENCE OF THE MESSAGE WE SEEK TO PROPAGATE. IN 2020 WE WELCOMED THE PARTICIPATION OF 3 UNIVERSITY STUDENTS WHO CAUGHT THE VISION AND WORKED ALONGSIDE US IN THESE WORTHY ACTIVITIES. SONSET SOLUTIONS INC. IN ITS 7TH YEAR, CONTINUES THE GOOD WORK IT BEGAN IN 2014. |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 46826 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 6930 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 6930 |
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| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 310000 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | REBATE CARD |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | SALE OF SCRAP METAL |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ANNUITY PAYABLE |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ACTIVITIES OF SONSET SOLUTIONS, INC. ARE CENTERED ON THE USE OF TRADITIONAL AND EMERGING TECHNOLOGY FOR THE PROPAGATION OF THE CHRISTIAN MESSAGE AND THE STRENGTHENING OF THE CHRISTIAN CHURCH. WE PROVIDE HIGH QUALITY TECHNOLOGY-BASED EQUIPMENT, SERVICE, CONSULTATION, AND TRAINING TO ORGANIZATIONS WHO SHARE OUR OBJECTIVES. IN 2020 WE ASSISTED 180 MINISTRY ORGANIZATIONS IN 60 COUNTRIES. WE SUPPLIED TRANSMITTERS, ANTENNA SYSTEMS, STUDIO EQUIPMENT, AUTOMATION SOFTWARE AND SHIPPED OVER 8,273 FIXED-TUNED SOLAR-POWER RADIO RECEIVERS FOR COMMUNITY AND REGIONAL RADIO BROADCAST STATIONS. WE DEVELOPED AND DELIVERED 300 SATELLITE-BASED REMOTE MONITORS FOR WATER SYSTEMS THAT HELP ENSURE A DEPENDABLE SUPPLY OF CLEAN WATER IN UNDERPRIVILEGED AREAS OF THE WORLD. THIS CARING FOR HUMAN NEED IS A TANGIBLE DEMONSTRATION OF THE ESSENCE OF THE MESSAGE WE SEEK TO PROPAGATE. IN 2020 WE WELCOMED THE PARTICIPATION OF 3 UNIVERSITY STUDENTS WHO CAUGHT THE VISION AND WORKED ALONGSIDE US IN THESE WORTHY ACTIVITIES. SONSET SOLUTIONS INC. IN ITS 7TH YEAR, CONTINUES THE GOOD WORK IT BEGAN IN 2014. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | (LINE 7A) THE BOARD GOVERNANCE COMMITTEE IS APPOINTED BY THE CHAIRMAN OF THE BOARD ANNUALLY, AND IS COMPOSED OF THE COMMITTEE CHAIRMAN AND ADDITIONAL BOARD DIRECTORS, WHO ANNUALLY SEEK TO RECRUIT , QUALIFY AND RECOMMEND INDIVIDUALS TO THE BOARD OF DIRECTORS TO FILL OPEN POSITIONS ON THE BOARD TO BE VOTED ON IN THE ANNUAL MEETING OF THE CORPORATION IN DECEMBER OF EACH YEAR. THE GOVERNANCE COMMITTEE WAS ALSO COMPOSED OF AN ADVISOR TO THE BOARD IN 2020. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PROCESS BY WHICH THE FORM 990 IS REVIEWED BY THE MEMBERS OF THE BOARD OF DIRECTORS - ALL MEMBERS OF THE BOARD ARE SENT A COPY OF THE COMPLETED FORM 990 BY E-MAIL AND ARE ASKED TO REVIEW IT AND RESPOND BY E-MAIL TO THE BOARD CHAIR THAT THEY HAVE REVIEWED THE COMPLETED FORM 990. WHEN THE CHAIR HAS RECEIVED WORD FROM ALL DIRECTORS THAT THEY HAVE REVIEWED THE COMPLETED FORM 990 AND ARE SATISFIED THAT IT IS ACCURATE, THE COMPLETED FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE CONFLICT OF INTEREST POLICY IS MONITORED BY WAY OF AN ANNUAL WRITTEN STATEMENT FROM EACH OFFICER AND DIRECTOR. ANY OF THESE INDIVIDUALS WITH A PERCEIVED OR ACTUAL CONFLICT OF INTEREST IS RECUSED FROM DISCUSSION AND VOTING ON THE MATTER TO WHICH THE CONFLICT RELATES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PERFORMANCE AND COMPENSATION OF THE CEO IS REVIEWED, DELIBERATED AND ESTABLISHED IN AN EXECUTIVE SESSION OF SONSET SOLUTIONS' INDEPENDENT BOARD OF DIRECTORS DURING WHICH THE CEO IS EXCUSED. THE CORRESPONDING DECISIONS AND ACTIONS ARE THEN COMMUNICATED TO THE CEO BY THE BOARD CHAIRMAN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION'S CORPORATE BYLAWS, CONFLICT OF INTEREST POLICY AND COMPILED FINANCIAL STATEMENTS WILL BE MADE AVAILABLE TO THE GENERAL PUBLIC UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | COMPENSATION FOR EMPLOYEES INCLUDES ALL GROSS PAY, INCLUDING MINISTERIAL HOUSING ALLOWANCE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VII |
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| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 2964 |
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| IRS990/TravelGrp/TotalAmt | 0 | 16639 |
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