Civic Intelligence

Solomon'S Temple Foundation Inc

990 • Fiscal year 2019 • EIN 81-0983784

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

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

84th percentile

0.44x

Higher debt load relative to assets than 84% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.16x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

71st percentile

$60,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

11th percentile

-16%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

56th percentile

7.3%

Faster revenue growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$245,640

Down $45,777 (-16%) from 2018

Net Assets

Down

$138,243

Down $117,410 (-46%) from 2018

Liabilities

Up

$107,397

Up $71,633 (+200%) from 2018

Revenue

Up

$652,283

Up $44,173 (+7.3%) from 2018

Expenses

Up

$490,170

Up $19,139 (+4.1%) from 2018

Net Income

Up

$162,113

Up $25,034 (+18%) from 2018

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

2019

Assets$245,640
Liabilities$107,397
Net Assets$138,243

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

2019

Revenue$652,283
Expenses$490,170
Net Income$162,113
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$706,596
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$192,377$210,002▲ $17,625
Cash and Non-Interest-Bearing Accounts$81,417$32,660▼ $48,757
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$276,618$245,640▼ $30,978
Other Assets Total$2,824$2,978▲ $154
Liabilities
Unsecured Notes Loans Payable$261,900$86,950▼ $174,950
Mortgage Notes Payable Secured by Investment Property$30,331$14,631▼ $15,700
Accounts Payable and Accrued Expenses$5,433$3,375▼ $2,058
Other Liabilities$2,824$2,441▼ $383
Total Liabilities$300,488$107,397▼ $193,091
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-23,870$138,243▲ $162,113
Total Net Assets Fund Balance$-23,870$138,243▲ $162,113
Total Liabilities and Net Assets / Fund Balance$276,618$245,640▼ $30,978

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$202,357$59,643$262,000
Equipment$7,645$7,161$14,806
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia SmithExecutive DirectorFT$60,000$60,000
Kecia BakerDirector of ProgramsFT$52,500$52,500
Lulu Anne StandleyChefPT$27,675$27,675

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$574,203
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$78,080
All Other Contributions
$504,203
Change in Net Assets
$162,113

Audited Revenue Reconciliation

Revenue per Audited Statements
$652,283
Revenue Not Reported on Form 990
$54,313
Total Revenue per Audited Statements
$706,596
Total Revenue per Form 990
$652,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$339,411
Other Expenses$150,759
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$233,700--$233,700
Current Officers, Directors, Trustees, and Key Employees$42,000$18,000-$60,000
Payroll Taxes$26,628--$26,628
Insurance$21,075$1,341-$22,416
Other Employee Benefits$9,941$9,142-$19,083
Other Expenses$21,020$18,600-$18,600
Depreciation Depletion$14,439$3,610-$18,049
All Other Expenses$9,556$5,887-$15,443
Total Functional Expenses$433,590$56,580$0$490,170

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$544,483
Expenses per Audited Statements$490,170
Total Expenses per Form 990$490,170
Expenses Not Reported on Form 990$54,313
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$109,737
Fundraising Direct Expenses$54,313
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$109,737$109,737$54,313$55,424
Total Events$109,737$109,737$54,313$55,424
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 Payable$2,441
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 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
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
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Solomon Smallwood
Formed
2016
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
17
Volunteers
100

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 $54313

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

Fundraising Event $54313

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IRS990/LandBldgEquipBasisNetGrp/BOYAmt0192377
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0210002
IRS990/LandBldgEquipCostOrOtherBssAmt0276806
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Solomon'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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt030331
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt014631
IRS990/NetAssetsOrFundBalancesBOYAmt0-23870
IRS990/NetAssetsOrFundBalancesEOYAmt0138243
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt055424
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-23870
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0138243
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02824
IRS990/OtherAssetsTotalGrp/EOYAmt02978
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09142
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09941
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019083
IRS990/OtherExpensesGrp/Desc0Professional Fees
IRS990/OtherExpensesGrp/Desc1Rapid Rehousing
IRS990/OtherExpensesGrp/Desc2Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc3Other G&A
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018600
IRS990/OtherExpensesGrp/ProgramServicesAmt031400
IRS990/OtherExpensesGrp/ProgramServicesAmt123831
IRS990/OtherExpensesGrp/ProgramServicesAmt221020
IRS990/OtherExpensesGrp/TotalAmt031400
IRS990/OtherExpensesGrp/TotalAmt123831
IRS990/OtherExpensesGrp/TotalAmt221020
IRS990/OtherExpensesGrp/TotalAmt318600
IRS990/OtherLiabilitiesGrp/BOYAmt02824
IRS990/OtherLiabilitiesGrp/EOYAmt02441
IRS990/OtherRevenueMiscGrp/Desc0In-Kind Services (Audit)
IRS990/OtherRevenueMiscGrp/Desc1Interest Income
IRS990/OtherRevenueMiscGrp/Desc2Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1196
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt220460
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1196
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt220460
IRS990/OtherRevenueTotalAmt022656
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0233700
IRS990/OtherSalariesAndWagesGrp/TotalAmt0233700
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt026628
IRS990/PayrollTaxesGrp/TotalAmt026628
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Solomon Smallwood
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0568706
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0114278
IRS990/PYOtherRevenueAmt039404
IRS990/PYRevenuesLessExpensesAmt0137079
IRS990/PYSalariesCompEmpBnftPaidAmt0356753
IRS990/PYTotalExpensesAmt0471031
IRS990/PYTotalRevenueAmt0608110
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0162113
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0574590
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0706596
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0670725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0685560
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0462947
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02525828
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt02525828
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0706596
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0670725
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0685560
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0462947
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02525828
IRS990ScheduleA/TotalSupportAmt02525828
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt07645
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07161
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014806
IRS990ScheduleD/ExpensesNotReportedAmt054313
IRS990ScheduleD/ExpensesSubtotalAmt0490170
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0202357
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt059643
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0262000
IRS990ScheduleD/OtherExpensesIncludedAmt054313
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02441
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Interest Payable
IRS990ScheduleD/OtherRevenueAmt054313
IRS990ScheduleD/RevenueNotReportedAmt054313
IRS990ScheduleD/RevenueSubtotalAmt0652283
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Fundraising Event $54313
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Fundraising Event $54313
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/TotalBookValueLandBuildingsAmt0210002

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