Solum Community Transformation Initiative Inc
- Assets
- $29.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yukon, OK
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 11-3664238
Organization Overview
Solum Community Transformation Initiative Inc is located in Yukon, OK. The organization was established in 2004. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solum Community Transformation Initiative Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Solum Community Transformation Initiative Inc generated $82.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $81.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Larson Executive Director | 50 | $58,500 | |
Rev Glenn Carter Board Member | 1 | $0 | |
Ret Lt Col Norman Stewart Board Member | 1 | $0 | |
Rev Glenn Waldon Board Member | 1 | $0 | |
Dr Frank Tunstall Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,606 |
| Total Program Service Revenue | $14,812 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,418 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,503 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,038 |
| Printing, publications, postage, and shipping | $1,237 |
| Other expenses | $12,305 |
| Total expenses | $81,631 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,006 |
| Other assets | $0 |
| Total assets | $29,354 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,354 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Solum Community Transformation Initiative Inc has recieved totaling $51,605.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $51,600 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Summit Ministries Inc Manitou Springs, CO | $15,859,073 | $12,358,452 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |
Glorieta 2-0 Inc Glorieta, NM | $10,000,063 | $8,243,412 |
Modern Day Missions Arlington, TX | $2,308,348 | $8,222,545 |
Global Media Outreach Plano, TX | $2,988,957 | $8,027,207 |
House Of Prayer And Life Incorporated Houston, TX | $2,486,433 | $7,989,653 |
India Transformed Denver, CO | $8,662,864 | $16,064,070 |
Camp Allen-Camp And Conference Center Navasota, TX | $17,153,236 | $7,942,711 |
West Houston Assistance Ministries Inc Houston, TX | $3,828,529 | $8,204,113 |
Center For Christian Growth Inc New Braunfels, TX | $17,780,504 | $10,473,617 |
Carolina Creek Christian Camp Huntsville, TX | $14,287,598 | $6,641,760 |