Sonset Solutions Inc
- Assets
- $3.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 22
- Location
- Elkhart, IN
- Founding
- 07/2014
- Data as of
- 12/2020
- EIN
- 46-4043025
Organization Overview
Sonset Solutions Inc is located in Elkhart, IN. The organization was established in 2014. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 12/2020, Sonset Solutions Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sonset Solutions 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 12/2020, Sonset Solutions Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.9m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING TECHNICAL EQUIPMENT AND RESOURCES, INCLUDING RADIO EQUIPMENT TO VARIOUS CHRISTIAN MISSIONARY ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACTIVITIES OF SONSET SOLUTIONS, INC. ARE CENTERED ON THE USE OF TRADITIONAL AND EMERGING TECHNOLOGY FOR THE PROPAGATION OF THE CHRISTIAN MESSAGE AND THE STRENGTHENING OF THE CHRISTIAN CHURCH. WE PROVIDE HIGH QUALITY TECHNOLOGY-BASED EQUIPMENT, SERVICE, CONSULTATION, AND TRAINING TO ORGANIZATIONS WHO SHARE OUR OBJECTIVES. IN 2020 WE ASSISTED 180 MINISTRY ORGANIZATIONS IN 60 COUNTRIES. WE SUPPLIED TRANSMITTERS, ANTENNA SYSTEMS, STUDIO EQUIPMENT, AUTOMATION SOFTWARE AND SHIPPED OVER 8,273 FIXED-TUNED SOLAR-POWER RADIO RECEIVERS FOR COMMUNITY AND REGIONAL RADIO BROADCAST STATIONS. WE DEVELOPED AND DELIVERED 300 SATELLITE-BASED REMOTE MONITORS FOR WATER SYSTEMS THAT HELP ENSURE A DEPENDABLE SUPPLY OF CLEAN WATER IN UNDERPRIVILEGED AREAS OF THE WORLD. THIS CARING FOR HUMAN NEED IS A TANGIBLE DEMONSTRATION OF THE ESSENCE OF THE MESSAGE WE SEEK TO PROPAGATE. IN 2020 WE WELCOMED THE PARTICIPATION OF 3 UNIVERSITY STUDENTS WHO CAUGHT THE VISION AND WORKED ALONGSIDE US IN THESE WORTHY ACTIVITIES. SONSET SOLUTIONS INC. IN ITS 7TH YEAR, CONTINUES THE GOOD WORK IT BEGAN IN 2014.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daivd Russell President An | Officer | 40 | $95,756 |
Jonathan Fiet Chief Fin. O | Officer | 40 | $86,316 |
Curtlin Bender V.p Operatio | Officer | 40 | $66,910 |
David White Board Treasu | Officer | 2 | $0 |
Paul Duckworth Board Chairm | Officer | 2 | $0 |
Marian Douce Board Secret | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,186,566 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,186,566 |
| Total Program Service Revenue | $0 |
| Investment income | $37,742 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,226 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,234,092 |
| 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. | $248,982 |
| Compensation of current officers, directors, key employees. | $86,316 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,135,514 |
| Pension plan accruals and contributions | $98,338 |
| Other employee benefits | $6,930 |
| Payroll taxes | $57,328 |
| Fees for services: Management | $64,681 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,594 |
| Office expenses | $110,929 |
| Information technology | $4,576 |
| Royalties | $0 |
| Occupancy | $48,619 |
| Travel | $16,639 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,631 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,814 |
| Insurance | $0 |
| All other expenses | $20,845 |
| Total functional expenses | $1,872,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,199,925 |
| Savings and temporary cash investments | $1,529,288 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,388 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $228,118 |
| Prepaid expenses and deferred charges | $102,935 |
| Net Land, buildings, and equipment | $347,773 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,826 |
| Total assets | $3,460,253 |
| Accounts payable and accrued expenses | $1,001 |
| Grants payable | $0 |
| Deferred revenue | $107,010 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,729 |
| Total liabilities | $129,740 |
| Net assets without donor restrictions | $2,402,852 |
| Net assets with donor restrictions | $927,661 |
| 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 | $3,460,253 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Sonset Solutions Inc has recieved totaling $98,910.
| Awarding Organization | Amount |
|---|---|
Roberson Family Foundation Chapin, SC PURPOSE: OPERATING FUNDS | $65,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $27,794 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $5,650 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $356 |
International Impact Ministries Inc Enid, OK PURPOSE: CHRISTIAN RADIO IN NIGER | $110 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sonset Solutions Inc Elkhart, IN | $3,460,253 | $2,234,092 |
Fort Wayne Catholic Radio Group Inc Fort Wayne, IN | $1,612,895 | $1,190,616 |
Calvary Radio Network Valparaiso, IN | $565,390 | $862,881 |
F M 90 1 Inc Upton, KY | $699,360 | $693,429 |
Inter Mirifica Inc Indianapolis, IN | $1,698,778 | $443,503 |
Wpeo Radio Foundation Inc East Peoria, IL | $197,219 | $362,706 |
Pure Word Communications Cape Girardeau, MO | $697,837 | $298,137 |
Christian Radio International Inc Crown Point, IN | $389,688 | $377,600 |
Key Of David Ministries Non Proft Organization Cedarburg, WI | $3,609 | $269,768 |
Beachglass Ministries Inc Port Washington, WI | $215,465 | $216,760 |
Mountaintop Broadcasting Inc Branson, MO | $86,621 | $129,910 |
Real Life Radio Foundation Inc Wayne City, IL | $0 | $150,050 |