Civic Intelligence

Sole Reason Foundation

990EZ • Fiscal year 2023 • EIN 81-1326688

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 19, 2024

Organization Profilewww.solereason.net
1235 NE Kellam AveTopeka, KS 66616

(785) 233-1365

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE P20 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE P20 • <$500k nonprofits • Source year 2023

Net Margin

18th percentile

-20%

Higher net margin than 18% of similar nonprofits.

2023 filings • NTEE P20 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$12,083

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

2023 filings • NTEE P20 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets63rd percentile

Assets

$23,800

No earlier filing loaded for comparison.

Net Assets

$23,800

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin18th percentile

Revenue

$74,965

No earlier filing loaded for comparison.

Expenses

$90,057

No earlier filing loaded for comparison.

Net Income

-$15,092

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0Assets 2023: $23,800Liabilities 2023: $0Net Assets 2023: $23,8002023Assets 2024: $4,339Liabilities 2024: $422Net Assets 2024: $3,9172024

Highlighted filing

2023

Assets$23,800
Liabilities$0
Net Assets$23,800
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2023: $74,965Expenses 2023: $90,057Net Income 2023: -$15,0922023Revenue 2024: $103,339Expenses 2024: $123,222Net Income 2024: -$19,8832024

Highlighted filing

2023

Revenue$74,965
Expenses$90,057
Net Income-$15,092
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 19, 2024
Return Version
2023v5.1
Gross Receipts
$74,965
Mission and Program Overview

Mission

To distribute shoes to the needy

Program Services

DescriptionGrantsExpenses
DISTRIBUTE SHOES TO NEEDY INDIVIDUALS-$90,057
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GERALD HUDGINSExecutive DirectorPT$12,083-$12,083
BILL ALMONDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sole Reason Foundation
EIN
81-1326688
Address
1235 NE KELLAM AVE, TOPEKA, KS 66616

Signing Officer

Name
Gerald Hudgins
Title
Executive Direc
Phone
7852331365
Signed
2024-08-19
Discuss with paid preparer
Yes

Preparer

Firm
Bean Consulting LLC
Address
6111 SW 29TH ST STE 102, Topeka, KS 66614
Preparer
David M Bean CPA
Phone
7858617227
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountdues & fees 4,796shoe purchases 53,224software 2,282payroll taxes 1,166conferences 1,532bank charges 591miscellaneous 4,485”

Raw XML Appendix123 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GERALD HUDGINS
IRS990EZ/BooksInCareOfDetail/PhoneNum07852331365
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01235 NE KELLAM AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TOPEKA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KS
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd066616
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt038892
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023800
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt074965
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-15092
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt023
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt038892
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023800
IRS990EZ/GrossReceiptsAmt074965
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt038892
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023800
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt038892
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023800
IRS990EZ/OccupancyRentUtltsAndMaintAmt07746
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt012083
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GERALD HUDGINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BILL ALMOND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt068076
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO DISTRIBUTE SHOES TO THE NEEDY
IRS990EZ/PrintingPublicationsPostageAmt02129
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DISTRIBUTE SHOES TO NEEDY INDIVIDUALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt090057
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt012083
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt090057
IRS990EZ/TotalProgramServiceExpensesAmt090057
IRS990EZ/TotalRevenueAmt074965
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt074965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt038892
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0113857
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0113857
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt074965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt038892
IRS990ScheduleA/Total509Grp/TotalAmt0113857
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt074965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt038892
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0113857
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTDUES & FEES 4,796SHOE PURCHASES 53,224SOFTWARE 2,282PAYROLL TAXES 1,166CONFERENCES 1,532BANK CHARGES 591MISCELLANEOUS 4,485
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GERALD HUDGINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum07852331365
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOLE REASON FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SOLE
ReturnHeader/Filer/EIN0811326688
ReturnHeader/Filer/USAddress/AddressLine1Txt01235 NE KELLAM AVE
ReturnHeader/Filer/USAddress/CityNm0TOPEKA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd066616
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261693633
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BEAN CONSULTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06111 SW 29TH ST STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Topeka
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066614
ReturnHeader/PreparerPersonGrp/PhoneNum07858617227
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID M BEAN CPA
ReturnHeader/ReturnTs02024-08-22T10:44:03-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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.

Open filing
Assets
$23,800
Liabilities
$0
Net assets
$23,800
Revenue
$74,965
Expenses
$90,057
Net income
-$15,092
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$1.03$1.23$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.75$0.90$0.15