TPhilanthropy, Voluntarism & GrantmakingEIN: 582273251· Ruling Year: 1997

Philip & Shirley Solomons Foundation Inc

Savannah, Georgia

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.21×
Peer Median18.82×
💰
$1.4M
Total Revenue
📊
$860K
Total Expenses
🏦
$8.8M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-27.4%
Year-over-year change (2021 → 2022)
Net Margin
+37.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.21
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2022$1,377,99527%$860,0109%$8,776,8754%
2021$1,898,14184%$788,68124%$9,099,5539%
2020$1,033,66746%$637,3874%$8,364,2491%
2019$1,902,97647%$663,88589%$8,431,30168%
2015$1,295,45710%$351,84230%$5,017,41324%
2014$1,442,48334%$271,125115%$4,044,41840%
2013$2,188,1351624%$125,98417%$2,886,458115%
2012$126,93082%$107,65186%$1,342,8571%
2011$721,073$57,877$1,325,666

Frequently Asked Questions

What does Philip & Shirley Solomons Foundation Inc do?

Philip & Shirley Solomons Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Georgia. It is classified under NTEE code T20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Philip & Shirley Solomons Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Philip & Shirley Solomons Foundation Inc has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Philip & Shirley Solomons Foundation Inc generate?

Revenue data for Philip & Shirley Solomons Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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