Solace House Inc
- Assets
- $66.5k
- Revenue
- $605.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Long Island City, NY
- Founding
- 12/2015
- Data as of
- 12/2022
- EIN
- 47-2629761
Organization Overview
Solace House Inc is located in Long Island City, NY. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solace House 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 12/2022, Solace House Inc generated $605.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $561.6k during the year ending 12/2022. While expenses have increased by 16.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND PROMOTE PROGRAMS THAT WILL CREATE AWARENESS AND HELP PEOPLE DEAL WITH SUICIDAL DISTRESS AND THOSE WHO ENGAGE WITH SELF-HARMING BEHAVIORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN ANNUAL FLAGSHIP WALK CALLED SOLACE SUNRISE WALK WAS HELD TO RAISE FUNDS AS WELL AS SHOW SUPPORT FOR ADDRESSING SUICIDAL DISTRESS.
A GOLF OUTING WAS HELD TO RAISE FUNDS TO DEVELOP AND PROMOTE PROGRAMS FOR SUICIDAL DISTRESS.
SOLACE HOUSE PROVIDES FREE CONFIDENTIAL THERAPEUTIC COUNSELING FOR INDIVIDUALS WHO ARE EXPERIENCING SUICIDAL IDEATION/SUICIDAL DISTRESS, THOSE WHO ENGAGE IN SELF-HARM AND ANYONE WHO HAS BEEN BEREAVED BY SUICIDE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Mcgowan President | OfficerTrustee | 10 | $0 |
Paul O'brien Treasurer | OfficerTrustee | 10 | $0 |
James Burns Director | Trustee | 10 | $0 |
Thomas Devlin Director | Trustee | 10 | $0 |
Peter Mcguigan Director | Trustee | 10 | $0 |
Joyce Nastasi Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $321,953 |
| Related organizations | $0 |
| Government grants | $154,979 |
| All other contributions, gifts, grants, and similar amounts not included above | $93,966 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $570,898 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $34,355 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $605,253 |
| 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. | $84,152 |
| Compensation of current officers, directors, key employees. | $84,152 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $263,882 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,275 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $500 |
| Office expenses | $3,898 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,934 |
| Travel | $135 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,111 |
| Interest | $3,070 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,181 |
| Insurance | $15,061 |
| All other expenses | $7,664 |
| Total functional expenses | $561,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,391 |
| Savings and temporary cash investments | $300 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,400 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,760 |
| Net Land, buildings, and equipment | $6,437 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,200 |
| Total assets | $66,488 |
| Accounts payable and accrued expenses | $13,806 |
| Grants payable | $0 |
| Deferred revenue | $10,465 |
| 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 | $8,021 |
| Total liabilities | $32,292 |
| Net assets without donor restrictions | $0 |
| 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 | $34,196 |
| Total liabilities and net assets/fund balances | $66,488 |