Solutions Oriented Addiction Response EIN 85-0586081

Solutions Oriented Addiction Response

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Empowering individuals affected by drug use with health, dignity, and a voice. For fiscal year 2024 it reported $221K in revenue, $273K in expenses, and $18K in net assets.Pt I

Type
Public charity (501(c)(3)) · Mental Health
Location
Charleston, WV
Website
www.soarwv.org
Filings
4 on file (2021–2024)
Revenue
$221KFY2024
Expenses
$273K
Net assets
$18K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-0586081 Public charity (501(c)(3)) Charleston, WV
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowering individuals affected by drug use with health, dignity, and a voice.
Leadership
Joe Solomon · Co-Director · $41K
Money in and out
$221K revenue, $273K expenses
Bottom line
56% program efficiency
Where the money goes · FY2024
Total revenue
$221K
Pt VIII · Ln 12
Total expenses
$273K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$52K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.39 Fundraising $0.06
Program efficiency
56%
of spending reaches programs▼ -20% vs prior filing year
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate▼ -76% vs prior filing year
Surplus margin
-23%
revenue over expenses, this year▲ +10% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$221K
FY2024▲ +9%
Expenses
$273K
FY2024▲ +7%
Total assets
$18K
FY2024▼ -76%
Total liabilities
$218
FY2024▼ -94%
Total revenue
$221K
Pt VIII · Ln 12
Total expenses
$273K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$52K
Total assetsPt X · Ln 16$18K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $152K of program spending, described in the organization's own filed words · FY2024.
01

Mututal aid outreach project which focuses on direct services to mitigate the overdose crisis.

$152Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSolutions Oriented Addiction Response
EINHdr · item D85-0586081
Principal addressHdr · item CCharleston, WV
WebsiteHdr · item Jwww.soarwv.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F99)
Ruling yearIRS BMFJan 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Co-Director
$40,800Pt VII · Sec A
Co-Director
$19,200Pt VII · Sec A
Co-Director
$5,600Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A

Joe Solomon’s $41K as Co-Director is at the 28th percentile of top reported officer pay among 2082 $100K–1M mental health 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Joe Solomon$40,800$38,998$34,259
Stacy Kay$5,600$38,969$33,608
Sarah Cordwell$19,200$2,000
Stacy Kay$11,606
Joe Solomon$11,371

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 & grants100%$221K
Total revenueLn 12$221K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.39 Fundraising $0.06
Program services56%$152K
Management & general39%$105K
Fundraising6%$15K
Total functional expensesLn 25$273K

Balance Sheet

Part X · end of year
CashLn 1$18K
Total assetsLn 16$18K
Total liabilitiesLn 26$218
Total net assetsLn 32$18K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $18K · Operating expenses/yr $273K
0.8 months
Where the money goes
Program services
Program services $152K · Total expenses $273K
56%
Management & General
Management & general $105K · Total expenses $273K
39%
Fundraising
Fundraising $15K · Total expenses $273K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $16K · Solicited contributions (3-yr avg) $213K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $221K · Total revenue $221K
100%
Government reliance
Government grants — · Total revenue $221K
Earned-income share
Program service revenue $0 · Total revenue $221K
0%
Investment reliance
Investment income $0 · Total revenue $221K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $273K
0%
Growth & trend
Revenue growth (YoY)
This year $221K · Prior year $203K
+9%
Net-asset trend (YoY)
End of year $18K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $221K · Expenses $273K
-23%
Liabilities-to-Assets
Total liabilities — · Total assets $18K
Net-asset ratio
Net assets $18K · Total assets $18K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $18K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joe Solomon · Reported title CO-DIRECTOR · Highest reported compensation $41K · Total expenses $273K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $73K · Total expenses $273K
27%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 39%
Fundraising cost ratio 7%
Revenue growth 9%
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 · FY2025
Total grants receivedfrom 1 funder$30K

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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
FY2024 (Latest)$221K revenue · viewing · ⤓ 990 PDF
FY2023$203K revenue · ⤓ 990 PDF
FY2022$215K revenue · ⤓ 990 PDF
FY2021$150K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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