Big Solutions INC FY2022 filing

Pompano Beach, FLUnknown exempt organization EIN 65-0734340Revenue $316K in FY2022Latest return filed Nov 12, 2024

On file with the IRSmybsi.orgPompano Beach, FL

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

Consumer credit couseling service

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 65-0734340) · Dispute this line
100¢ of each $1 spent went to programs.
$1K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $13K a year · 5% of revenue · last 3 filings
A surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1K
to officers and key staff · 0.3% of spending
Pay to officers and key staff is 0.3% of spending.
Part VII, Section A
0.5 mo
of spending, in cash
0.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$261K
×18 of total assets
Liabilities are 1800% of assets.
Pt X · Ln 26
Independent board members
2
of 3 voting members
2 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$316K
-30% vs prior year
Spent
$322K
To programs
100%
Net assets
−$245K
By yearFY2020–FY2023
Revenue
$316K
FY2022▼ -30%
Tap a bar for its year
Revenue by fiscal year
FY2020$454K
FY2022$316K
FY2023$115K
Expenses
$322K
FY2022▼ -34%
Tap a bar for its year
Expenses by fiscal year
FY2020$487K
FY2022$322K
FY2023$116K
Net assets
−$245K
FY2022▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2020−$202K
FY2022−$245K
FY2023−$246K

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $322K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990; $1K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President/Se
$1,000Pt VII · Sec A
VP / Treasur
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2020
Chris Rubino$1,000$65,400

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.

See Big Solutions INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Helps people manage debt and improve their financial health.

Questions for Big Solutions INC

Tap to ask. Big Solutions INC sees how many people are interested.

Your first name shows with your question. Big Solutions INC answers here, for everyone.

1 program · $322K · in their own filed words · FY2022
01

Provides confidential and professional counseling to aid and rehabilitate financially distressed families and to foster community consumer education on family money management

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 65-0734340) · Dispute this line
$322Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$316K
Ln 12
Fees for servicesLn 2g$316K
Money outPt IX
$322K
Ln 25
Programscol B$322K
Owns and owesPt X
−$245K
net assets · Ln 32
Cash and savingsLn 1–2$14K
Total assetsLn 16$16K
LiabilitiesLn 26$261K
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$316K
Total revenueLn 12$316K
Assets in detailPt X, end of year
CashLn 1$14K
Cash and savings togetherLn 1–2$14K
Other assetsLn 15$2K
Total assetsLn 16$16K
LiabilitiesLn 26$261K
Net assetsLn 32−$245K
OperationsPt I, VI
EmployeesI 55
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2K$14K
Total assetsLn 16$4K$16K
LiabilitiesLn 26$243K$261K
Net assetsLn 32−$239K−$245K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$1K$1K
Other salaries and wagesLn 7$94K$94K
Other employee benefitsLn 9$5K$5K
Payroll taxesLn 10$7K$7K
Accounting feesLn 11c$28K$28K
Advertising and promotionLn 12$14K$14K
Office expensesLn 13$11K$11K
Information technologyLn 14$22K$22K
OccupancyLn 16$43K$43K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$80K$80K
All other expensesLn 24e$7K$7K
Total functional expensesLn 25$322K$322K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS Nov 12, 2024 $115K$116K−$726−$246K 990 PDF
FY2022 ViewingFiled with the IRS Nov 14, 2023 $316K$322K−$6K−$245K 990 PDF
FY2021 Not on file
FY2020Filed with the IRS Nov 5, 2021 $454K$487K−$33K−$202K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $315,842 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $45,576$0
I-9 Program service revenuePrior year $347,410$315,842
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $392,986$315,842
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $247,679$106,833
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $182,157$215,402
I-18 Total expensesPrior year $429,836$322,235
I-19 Revenue less expensesPrior year −$36,850−$6,393
Part VI · Governance 2 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $315,842 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $315,842$315,842
VIII-12 Total revenueRelated to mission $315,842$315,842
Part IX · Statement of functional expenses $322,235 across 12 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $1,000$1,000
IX-7 Other salaries and wagesPrograms $93,714$93,714
IX-9 Other employee benefitsPrograms $4,668$4,668
IX-10 Payroll taxesPrograms $7,451$7,451
IX-11c Accounting feesPrograms $28,000$28,000
IX-12 Advertising and promotionPrograms $13,748$13,748
IX-13 Office expensesPrograms $10,717$10,717
IX-14 Information technologyPrograms $21,524$21,524
IX-16 OccupancyPrograms $43,287$43,287
IX-23 InsurancePrograms $11,527$11,527
IX-24 Other expenses (24a–d)Programs $79,624$79,624
IX-24e All other expensesPrograms $6,975$6,975
IX-25 Total functional expensesPrograms $322,235 · Management $0 · Fundraising $0$322,235
Part X · Balance sheet $15,800 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $1,861$13,550
X-15 Other assetsStart of year $2,250$2,250
X-16 Total assetsStart of year $4,111$15,800
X-22 Loans from officers and insidersStart of year $233,043$253,043
X-25 Other liabilitiesStart of year $9,891$7,973
X-26 Total liabilitiesStart of year $242,934$261,016
X-31 Retained earnings or endowmentStart of year −$238,823−$245,216
X-32 Total net assets or fund balancesStart of year −$238,823−$245,216
X-33 Total liabilities and net assetsStart of year $4,111$15,800
Part XI · Reconciliation of net assets −$245,216 net assets at year end
XI-1 Total revenue$315,842
XI-2 Total expenses$322,235
XI-3 Revenue less expenses−$6,393
XI-4 Net assets at start of year−$238,823
XI-10 Net assets at end of year−$245,216

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.