Solutions For Change Inc
- Assets
- $10.4m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 41
- Location
- Vista, CA
- Founding
- 06/2000
- Data as of
- 12/2023
- EIN
- 33-0902617
Organization Overview
Solutions For Change Inc is located in Vista, CA. The organization was established in 2000. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Solutions For Change Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solutions For Change 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 12/2023, Solutions For Change Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $4.4m during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SOLVE FAMILY HOMELESSNESS, ONE FAMILY, ONE COMMUNITY AT A TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH INCREASED EMPHASIS ON ITS WORKFORCE DEVELOPMENT, CHILD WELFARE INTERVENTIONS AND ADULT EMPOWERMENT PROGRAMS, SOLUTIONS FOR CHANGE CONTINUED ITS DECADES LONG PROMISE TO OPERATE ITS RESIDENTIAL FAMILY RECOVERY PROGRAMS DRUGFREE AND ACCOUNTABILITY BASED. DUE TO AN AGGRESSIVE MULTIBILLION DOLLAR EXPANSION OF THE DEPENDENCY-MAKING HOUSING FIRST APPROACH, A SYSTEMWIDE SET OF POLICIES THAT ENABLE THE ONCE HOMELESS TO USE ILLICIT DRUGS, REMAIN UNEMPLOYED AND REFUSE SERVICES WHILE LIVING IN PUBLIC FUNDED HOUSING, SOLUTIONS IS NOW ONE OF THE LAST REMAINING HOMELESS HOUSING AND SERVICE ORGS THAT DELIVER RESULTS THAT END DEPENDENCY. THE DECISION TO STAND FIRM ON ITS CORE VALUES TO SOLVE THE ROOT CAUSES OF FAMILY HOMELESSNESS RESULTED IN THE NONPROFIT MAKING THE DECISION TO VOLUNTARILY RETURN OVER $83 MILLION IN HARD FOUGHT FAMILY HOUSING RESOURCES. THE DECISION WAS MADE AFTER YEARS OF LEGAL WRANGLING WHEN IT BECAME EVIDENT THAT NO FEDERAL, STATE, OR LOCAL RESOURCES WOULD HELP PROTECT HOMELESS PARENTS AND THEIR CHILDREN FROM THE EXPLOSION OF AN ENABLED DRUG CULTURE RIDDLED WITH OVERDOSE, DEATHS AND CRIMINAL IMPACTS, ALL OF WHICH POINTED BACK TO HOUSING FIRST. ALTHOUGH THOSE LOSSES GREATLY IMPACTED THE PEOPLE AND PROGRAMS OF SOLUTIONS FOR CHANGE, THE ORGANIZATION RECOMMITTED TO A MULTIYEAR REPURPOSING EFFORT, FREE OF GOVERNMENT FUNDING, THAT BEGAN IN EARNEST IN 2022. CALLED WE ARE ONE US, THE EFFORT INVOLVES OVER 100 SOLUTIONS FOR CHANGE GRADUATES, CALLED OVERCOMERS, WHO HAVE RALLIED AROUND THE NONPROFIT TO ADVANCE ITS MISSION AND VISION OF SOLVING THE ROOT CAUSES OF FAMILY HOMELESSNESS. WITH THE OVERCOMERS LEADING THE WAY THE QUESTION THEY ARE ASKING IS: WHAT IF THE ANSWER TO THE HOMELESS PROBLEM IS STARING US ALL IN THE FACE? WHAT IF THE SOLUTION IS THE HOMELESS THEMSELVES, ENGAGED IN A PURPOSEFUL WAY AND EQUIPPED AND INSPIRED INTO JOBS THAT END DEPENDENCY FOR OTHERS LIKE THEM, THROUGH INITIATIVES LIKE WHAT SOLUTIONS FOR CHANGE BUILDS AND IMPLEMENTS?
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Megison President & CEO | Officer | 40 | $191,596 |
Dennis Bone Executive VP | 40 | $109,787 | |
Mike Kennedy Director | Trustee | 1 | $0 |
Mark T Ealy CFP CPA Director | Trustee | 1 | $0 |
Chris Chen Director | Trustee | 1 | $0 |
Gloria Foote Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Innovision Llc Contractor | 12/30/23 | $178,512 |
Brandon Wolfarth Contractor | 12/30/23 | $105,424 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $458,293 |
| Related organizations | $0 |
| Government grants | $456,440 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,150,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,065,325 |
| Total Program Service Revenue | $1,139,959 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $126,388 |
| Net Income from Fundraising Events | -$336,207 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,008,222 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $191,596 |
| Compensation of current officers, directors, key employees. | $15,327 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,304,688 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,337 |
| Payroll taxes | $132,781 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $278,627 |
| Advertising and promotion | $239,071 |
| Office expenses | $332,893 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $481,327 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,162 |
| Interest | $158,754 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $336,899 |
| Insurance | $207,895 |
| All other expenses | $169,881 |
| Total functional expenses | $4,429,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,767 |
| Savings and temporary cash investments | $136,525 |
| Pledges and grants receivable | $30,762 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,825,417 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $53,688 |
| Net Land, buildings, and equipment | $8,253,235 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$1,144,185 |
| Total assets | $10,392,209 |
| Accounts payable and accrued expenses | $249,493 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,590,195 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,491,820 |
| Total liabilities | $13,331,508 |
| Net assets without donor restrictions | -$2,939,299 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,392,209 |