Soteni INC EIN 20-0041518 Form 990 (PDF) Claim this org

Soteni INC FY2022 filing

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Combats HIV/AIDS in rural Kenya and Eswatini, improving lives. For fiscal year 2022 it reported $486K in revenue, $297K in expenses, and $253K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Cincinnati, OH
Website
www.soteni.org
Filings
5 on file (2021–2022)
Revenue
$486KFY2022
Expenses
$297K
Net assets
$253K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-0041518 Public charity (501(c)(3)) Cincinnati, OH
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Combats HIV/AIDS in rural Kenya and Eswatini, improving lives.
Leadership
Jenny Brady Resigned 102121 · Executive Director · $35K
Money in and out
$486K revenue, $297K expenses
Bottom line
79% program efficiency
Where the money goes · FY2022
Total revenue
$486K
Pt VIII · Ln 12
Total expenses
$297K
Pt IX · Ln 25
Net assets
$253K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $189K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.14 Fundraising $0.08
Program efficiency
79%
of spending reaches programs
Operating runway
12.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+39%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$486K
FY2022▲ +51%
Expenses
$297K
FY2022▲ +12%
Total assets
$305K
FY2022▲ +95%
Total liabilities
$52K
FY2022▼ -43%
Total revenue
$486K
Pt VIII · Ln 12
Total expenses
$297K
Pt IX · Ln 25
Net assets
$253K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$189K
Total assetsPt X · Ln 16$305K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

3 program services account for $207K of program spending, described in the organization's own filed words · FY2021.
01

Clear Water Project

SOTENI, Inc continued the Soteni-Childrens safe drinking water project, which enables in-home purification of drinking water for about 2,100 people living with HIV/AIDS. Funded by one of our partners, the Proctor and Gamble Fund of the Greater Cincinnati Foundation in the 2020- 2021 fiscal year.

$109Kprogram expense
02

Soteni Kenya Soteni Inc. provides resources to build the capacity of both the staff of Soteni Kenya and the staff and local leaders of the three Soteni villages of hope. As a major indicator of such activity building, the Soteni staff on the ground in Kenya either managed or obtained project grants and contributions from a variety of…

$98Kprogram expense
03

SOTENI Inc. also strengthened support for the dispensary at SVH-Mbakalo, which provides essential medical services including a laboratory, child wellness services, deliveries of newborns, family planning services and HIV testing, to an underserved area near a rural slum in Western Province.

$43program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSoteni INC
EINHdr · item D20-0041518
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jwww.soteni.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P99)
Ruling yearIRS BMFNov 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$34,869Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Dr Pooja Rachewad MD’s $45K as Operations Manager is at the 32nd percentile of top reported officer pay among 2164 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Jenny Brady$56,616
Dr Pooja Rachewad MD$44,769
Caroline Phelps$35,574$37,587
Jenny Brady Resigned 102121$34,869

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$428K · 88%
Other revenue$58K · 12%
Contributions & grants88%$428K
Other revenue12%$58K
Investment income$233
Total revenueLn 12$486K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.14 Fundraising $0.08
Program services79%$234K
Management & general14%$40K
Fundraising8%$23K
Total functional expensesLn 25$297K

Balance Sheet

Part X · end of year
CashLn 1$301K
Total assetsLn 16$305K
Total liabilitiesLn 26$52K
Total net assetsLn 32$253K
Months of cash on handcomputed12.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $304K · Operating expenses/yr $297K
12.3 months
Where the money goes
Program services
Program services $234K · Total expenses $297K
79%
Management & General
Management & general $40K · Total expenses $297K
14%
Fundraising
Fundraising $23K · Total expenses $297K
8%
Cost to raise $1
Fundraising expense (2-yr avg) $30K · Solicited contributions (2-yr avg) $347K
$0.09 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $428K · Total revenue $486K
88%
Government reliance
Government grants — · Total revenue $486K
Earned-income share
Program service revenue $0 · Total revenue $486K
0%
Investment reliance
Investment income $233 · Total revenue $486K
+0.05%
Program self-sufficiency
Program service revenue $0 · Total expenses $297K
0%
Growth & trend
Revenue growth (YoY)
This year $486K · Prior year $321K
+51%
Net-asset trend (YoY)
End of year $253K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $486K · Expenses $297K
+39%
Liabilities-to-Assets
Total liabilities — · Total assets $305K
Net-asset ratio
Net assets $253K · Total assets $305K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $305K
1%
People & payroll
Highest Reported Total Compensation
Individual Jenny Brady Resigned 102121 · Reported title Executive Director · Highest reported compensation $35K · Total expenses $297K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $32K · Total expenses $297K
11%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 14%
Fundraising cost ratio 5%
Revenue growth 51%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$284K revenue · ⤓ 990 PDF
FY2024$327K revenue · ⤓ 990 PDF
FY2023$151K revenue · ⤓ 990 PDF
FY2022$486K revenue · viewing · ⤓ 990 PDF
FY2021$321K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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