Civic Intelligence

Solomon'S Temple Foundation Inc

990 • Fiscal year 2018 • EIN 81-0983784

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 15, 2019

3344 Peachtree RdAtlanta, GA 30326

(404) 441-4790

Siviq Scores

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

Liabilities / Assets

66th percentile

0.12x

Higher debt load relative to assets than 66% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

59th percentile

0.06x

Higher debt load relative to revenue than 59% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

79th percentile

23%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$62,288

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

95th percentile

138%

Faster asset growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-11%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$291,417

Up $169,193 (+138%) from 2017

Net Assets

Up

$255,653

Up $141,894 (+125%) from 2017

Liabilities

Up

$35,764

Up $27,299 (+322%) from 2017

Revenue

Down

$608,110

Down $77,456 (-11%) from 2017

Expenses

Up

$471,031

Up $6,263 (+1.3%) from 2017

Net Income

Down

$137,079

Down $83,719 (-38%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2017: $122,224Liabilities 2017: $8,465Net Assets 2017: $113,7592017Assets 2018: $291,417Liabilities 2018: $35,764Net Assets 2018: $255,6532018Assets 2019: $245,640Liabilities 2019: $107,397Net Assets 2019: $138,2432019Assets 2020: $364,218Liabilities 2020: $172,207Net Assets 2020: $192,0112020Assets 2021: $570,893Liabilities 2021: $184,951Net Assets 2021: $385,9422021Assets 2022: $654,837Liabilities 2022: $111,546Net Assets 2022: $543,2912022Assets 2023: $812,137Liabilities 2023: $69,929Net Assets 2023: $742,2082023Assets 2024: $601,296Liabilities 2024: $19,764Net Assets 2024: $581,5322024

Highlighted filing

2018

Assets$291,417
Liabilities$35,764
Net Assets$255,653

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $685,566Expenses 2017: $464,768Net Income 2017: $220,7982017Revenue 2018: $608,110Expenses 2018: $471,031Net Income 2018: $137,0792018Revenue 2019: $652,283Expenses 2019: $490,170Net Income 2019: $162,1132019Revenue 2020: $480,712Expenses 2020: $463,088Net Income 2020: $17,6242020Revenue 2021: $499,104Expenses 2021: $462,670Net Income 2021: $36,4342021Revenue 2022: $617,614Expenses 2022: $460,265Net Income 2022: $157,3492022Revenue 2023: $724,835Expenses 2023: $525,918Net Income 2023: $198,9172023Revenue 2024: $475,385Expenses 2024: $636,061Net Income 2024: -$160,6762024

Highlighted filing

2018

Revenue$608,110
Expenses$471,031
Net Income$137,079
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 15, 2019
Return Version
2018v3.1
Gross Receipts
$670,725
Mission and Program Overview

Mission

Solomon's Temple is a holistic emergency and transitional facility for homeless women and their children. The core programs of shelter, food, family coaching and employment services are designed to help guide homeless families toward lives of independence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$83,780$210,000▲ $126,220
Cash and Non-Interest-Bearing Accounts$42,827$81,417▲ $38,590
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants 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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$126,607$291,417▲ $164,810
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$30,331-
Accounts Payable and Accrued Expenses$8,461$5,433▼ $3,028
Total Liabilities$8,461$35,764▲ $27,303
Net Assets / Fund Balance
Unrestricted Net Assets$87,699$174,236▲ $86,537
Temporarily Rstr Net Assets$30,447$81,417▲ $50,970
Total Net Assets Fund Balance$118,146$255,653▲ $137,507
Total Liabilities and Net Assets / Fund Balance$126,607$291,417▲ $164,810

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$200,240$26,086$226,326
Equipment$9,760$5,046$14,806
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia SmithExecutive DirectorFT$62,288$62,288
Kecia BakerDirector of ProgramsFT$54,498$54,498
Carrie WoodyardCase ManagerFT$41,416$41,416
Chiongraia HendleyResident AdvocateFT$31,250$31,250
Lulu Anne StandleyChefPT$26,040$26,040

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$568,706
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$39,404
All Other Contributions
$568,706
Change in Net Assets
$137,079

Audited Revenue Reconciliation

Revenue per Audited Statements
$608,110
Revenue Not Reported on Form 990
$62,615
Total Revenue per Audited Statements
$670,725
Total Revenue per Form 990
$608,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$356,753
Other Expenses$114,278
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$193,043$22,449-$215,492
Other Salaries and Wages$83,347--$83,347
Other Employee Benefits$46,331$11,583-$57,914
Insurance$18,828$1,300-$20,128
Depreciation Depletion$14,439$3,610-$18,049
All Other Expenses$7,757--$7,757
Other Expenses$8,756$6,755-$6,755
Office Expenses-$5,544-$5,544
Total Functional Expenses$419,790$51,241$0$471,031

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$533,646
Expenses per Audited Statements$471,031
Total Expenses per Form 990$471,031
Expenses Not Reported on Form 990$62,615
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$102,019
Fundraising Direct Expenses$62,615
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$59,908$59,908$62,615$-2,707
Silent Auction$42,111$42,111-$42,111
Total Events$102,019$102,019$62,615$39,404
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
No
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 Chairman Solomon Smallwood and Director Jacquline Smallwood have a family relationship.

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

Form 990 is prepared by CPA and sent to Chairman, Executive Director and accounting for review prior to filing

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

Board of Directors monitors the conflict of interest policy

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The approval of compensation for top employees including the Executive Director is approved by the Chairman and Board of Directors

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

The approval of compensation for top employees including the Executive Director is approved by the Chairman and Board of Directors

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Solomons Temple Foundation Inc
EIN
81-0983784
Phone
4044414790
Address
3344 Peachtree Rd, Atlanta, GA 30326

Signing Officer

Name
Solomon Smallwood
Title
Chairman
Signed
2019-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Solomon Smallwood
Formed
2016
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
12
Volunteers
60

Preparer

Firm
Melissa D Preston CPA PC
Address
50 Hurt Plaza SE Suite 1438, Atlanta, GA 30303
Preparer
Melissa Preston
Phone
4042145007
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Fundraising Event $62615

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

Fundraising Event $62615

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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05544
IRS990/OfficeExpensesGrp/TotalAmt05544
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011583
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt046331
IRS990/OtherEmployeeBenefitsGrp/TotalAmt057914
IRS990/OtherExpensesGrp/Desc0Professional Fees
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc2Rapid Rehousing
IRS990/OtherExpensesGrp/Desc3Supplies
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06755
IRS990/OtherExpensesGrp/ProgramServicesAmt032500
IRS990/OtherExpensesGrp/ProgramServicesAmt114789
IRS990/OtherExpensesGrp/ProgramServicesAmt28756
IRS990/OtherExpensesGrp/TotalAmt032500
IRS990/OtherExpensesGrp/TotalAmt114789
IRS990/OtherExpensesGrp/TotalAmt28756
IRS990/OtherExpensesGrp/TotalAmt36755
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt083347
IRS990/OtherSalariesAndWagesGrp/TotalAmt083347
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Solomon Smallwood
IRS990/PriorPeriodAdjustmentsAmt0428
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0733024
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0207034
IRS990/PYOtherRevenueAmt012432
IRS990/PYRevenuesLessExpensesAmt0223626
IRS990/PYSalariesCompEmpBnftPaidAmt0314796
IRS990/PYTotalExpensesAmt0521830
IRS990/PYTotalRevenueAmt0745456
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0137079
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0670725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0685560
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0462947
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01819232
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01819232
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0670725
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0685560
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0462947
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01819232
IRS990ScheduleA/TotalSupportAmt01819232
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt09760
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05046
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014806
IRS990ScheduleD/ExpensesNotReportedAmt062615
IRS990ScheduleD/ExpensesSubtotalAmt0471031
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0200240
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt026086
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0226326
IRS990ScheduleD/OtherExpensesIncludedAmt062615
IRS990ScheduleD/OtherRevenueAmt062615
IRS990ScheduleD/RevenueNotReportedAmt062615
IRS990ScheduleD/RevenueSubtotalAmt0608110
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Fundraising Event $62615
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Fundraising Event $62615
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0210000
IRS990ScheduleD/TotalExpensesPerForm990Amt0471031
IRS990ScheduleD/TotalRevenuePerForm990Amt0608110
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0670725
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0533646
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt062615
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Silent Auction
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt059908
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt042111
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0102019
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt059908
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt042111
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0102019
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt039404
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt062615
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt062615
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0Annual Gala Fundraising Event
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2b - Fundraiser Additional Information
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Chairman Solomon Smallwood and Director Jacquline Smallwood have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is prepared by CPA and sent to Chairman, Executive Director and accounting for review prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board of Directors monitors the conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The approval of compensation for top employees including the Executive Director is approved by the Chairman and Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The approval of compensation for top employees including the Executive Director is approved by the Chairman and Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false

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