CSCharityScored
28

Solomon Institute Inc

Public Benefit · Palm Beach, Florida

120 N County Rd, Palm Beach, FL 33480-3917

EIN: 882748300· Founded: Sep 2022· 4 years active· Filing Year: 2024

Annual Revenue

$706K

Total Expenses

$743K

Total Assets

$1K

Program Spending

15%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$294K

39.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$294K

39% of total expenses

Where the Money Goes

15%
Programs: 15%
Payroll: 39%
Other overhead: 85%
Program Revenue$115K (16%)
Total Expenses$743K (100%)
Payroll$294K (39%)
Overhead (non-program)85%

Trust Score Breakdown

Program Spending Ratio

15% of expenses go to programs

40%

Revenue & Stability

$706K annual revenue

15%

Executive Compensation

$294K total officer comp (39.5% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$1K in assets

10%

Similar Public Benefit Nonprofits in Florida

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.