Solitas House Inc
- Assets
- $2.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Tampa, FL
- Founding
- 08/2007
- Data as of
- 12/2021
- EIN
- 51-0585799
Organization Overview
Solitas House Inc is located in Tampa, FL. The organization was established in 2007. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Solitas House Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solitas 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 12/2021, Solitas House Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 20.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES ARE TO PROVIDE INDIVIDUALS AND FAMILIES WITH EDUCATION, COACHING AND PARTNER RESOURCES TO PROMOTE POSITIVE BEHAVIORS WHICH EXPAND THEIR ECONOMIC CAPACITY, ENABLE WISE USE OF CREDIT, GROW INDIVIDUAL AND FAMILY ASSETS AND SUPPORT LIVING IN THE COMMUNITY. IN ADDITION, AS A US DEPARTMENT OF TREASURY CERTIFIED DEVELOPMENT FINANCIAL INSTITUTION, SOLITAS HOUSE ALSO PROVIDES ACCESS TO AFFORDABLE CAPITAL THROUGH CONSUMER SMALL DOLLAR LOANS, DOWN PAYMENT ASSISTANCE LOANS AND A MATCHED SAVINGS PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENABLE INDIVIDUALS AND FAMILIES TO USE CREDIT WISELY. AS A US DEPARTMENT OF TREASURY CERTIFIED DEVELOPMENT FINANCIAL INSTITUTION, SOLITAS HOUSE ALSO PROVIDES ACCESS TO AFFORDABLE CAPITAL THROUGH CONSUMER SMALL DOLLAR LOANS, DOWN PAYMENT ASSISTANCE LOANS AND A MATCHED SAVINGS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aidza Antonio Executive Director | Officer | 40 | $80,021 |
April Royston Officer | Officer | 2 | $0 |
Chris Brown Office | Officer | 2 | $0 |
Shelonda Marie-Alves Office | Officer | 2 | $0 |
Latisha Abdullah Officer | Officer | 2 | $0 |
Priscilla Parker Office | 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 | $1,522,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,522,969 |
| Total Program Service Revenue | $24,785 |
| Investment income | $29,623 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,605,694 |
| 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. | $80,021 |
| Compensation of current officers, directors, key employees. | $16,004 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $532,355 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,855 |
| Payroll taxes | $40,487 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,861 |
| Fees for services: Accounting | $15,751 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,235 |
| Advertising and promotion | $13,863 |
| Office expenses | $86,586 |
| Information technology | $2,667 |
| Royalties | $0 |
| Occupancy | $59,206 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,013 |
| Interest | $3,884 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,035 |
| Insurance | $22,816 |
| All other expenses | $0 |
| Total functional expenses | $1,706,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $376,719 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $215,234 |
| Accounts receivable, net | $596,365 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,557,379 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,960 |
| Total assets | $2,750,657 |
| Accounts payable and accrued expenses | $38,790 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $607,187 |
| Other liabilities | $0 |
| Total liabilities | $645,977 |
| Net assets without donor restrictions | $1,943,180 |
| Net assets with donor restrictions | $161,500 |
| 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 | $2,750,657 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Solitas House Inc has recieved totaling $105,012.
| Awarding Organization | Amount |
|---|---|
Vinik Family Foundation Tampa, FL PURPOSE: GENERAL SUPPORT | $50,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $30,000 |
Third Federal Foundation Cleveland, OH PURPOSE: CHARITABLE PURPOSE | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity International Inc Vero Beach, FL | $18,200,555 | $5,583,419 |
Distinctive Housing Solutions Inc Brunswick, GA | $6,407,391 | $5,577,789 |
Student Housing Of America Inc Atlanta, GA | $18,887,768 | $4,459,972 |
Barnabas Center Incorporated Fernandina Beach, FL | $4,852,073 | $5,681,284 |
Safety Shelter Of St Johns County Inc St Augustine, FL | $5,028,169 | $4,409,853 |
Habitat For Humanity International Inc Delray Beach, FL | $9,929,899 | $4,411,611 |
Invest In Americas Veterans Foundation Louisiana Inc Jacksonville Beach, FL | $64,144,983 | $3,808,573 |
Habitat For Humanity International Inc Crystal River, FL | $9,902,038 | $4,338,444 |
Florida Keys Outreach Coalition Inc Key West, FL | $2,454,173 | $2,239,204 |
American Opportunity Foundation Inc Atlanta, GA | $36,469,989 | $25,080,242 |
Habitat For Humanity International Inc Fort Pierce, FL | $5,427,942 | $2,717,014 |
Solitas House Inc Tampa, FL | $2,750,657 | $1,605,694 |