Manasota Solve Inc
- Assets
- $2.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 27
- Location
- Bradenton, FL
- Founding
- 12/1976
- Data as of
- 12/2020
- EIN
- 59-1683408
Organization Overview
Manasota Solve Inc is located in Bradenton, FL. The organization was established in 1976. As of 12/2020, Manasota Solve Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manasota Solve 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, Manasota Solve Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $885.7k during the year ending 12/2020. While expenses have increased by 9.8% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES HOUSING AND SPECIALIZED SERVICES TO PREGNANT WOMEN AND TEENS WHO HAVE CHOSEN LIFE. THROUGH THE EXPRESSION OF GOD'S LOVE, THE LIVES OF BOTH MOTHER AND CHILD ARE STRENGTHENED AND TRANSFORMED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A GROUP OF CHRIST-CENTERED RESIDENTIAL MATERNITY HOMES SERVING THE NEEDS OF AT-RISK PREGNANT WOMEN OF ALL AGES AND THEIR BABIES. THE ORGANIZATION OFFERS HOUSING AND A STRUCTURED PROGRAM FREE OF CHARGE FOR THE DURATION OF THEIR PREGNANCY AND A PRE-DETERMINED TIME POST BIRTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Kerwin Executive Director | Officer | 40 | $56,587 |
William B Wilson Treasurer | OfficerTrustee | 5 | $0 |
J Craig Harvey President | OfficerTrustee | 5 | $0 |
Pat Porrey Vice President | OfficerTrustee | 2 | $0 |
Dr Patricia Dixon Secretary | OfficerTrustee | 2 | $0 |
Deborah Miles Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $116,550 |
| All other contributions, gifts, grants, and similar amounts not included above | $997,825 |
| Noncash contributions included in lines 1a–1f | $325,487 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,114,375 |
| Total Program Service Revenue | $0 |
| Investment income | $6,838 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$371 |
| Net Income from Fundraising Events | $241,172 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,362,014 |
| 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. | $56,587 |
| Compensation of current officers, directors, key employees. | $5,659 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $350,530 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,356 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $8,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $483 |
| Fees for services: Other | $4,950 |
| Advertising and promotion | $1,204 |
| Office expenses | $51,432 |
| Information technology | $2,592 |
| Royalties | $0 |
| Occupancy | $73,919 |
| Travel | $10,561 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,920 |
| Interest | $6,784 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,261 |
| Insurance | $63,291 |
| All other expenses | $11,310 |
| Total functional expenses | $885,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $649,055 |
| Savings and temporary cash investments | $76,099 |
| Pledges and grants receivable | $4,983 |
| Accounts receivable, net | $0 |
| 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 | $50,636 |
| Net Land, buildings, and equipment | $2,006,691 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $136,150 |
| Total assets | $2,923,614 |
| Accounts payable and accrued expenses | $68,666 |
| Grants payable | $0 |
| Deferred revenue | $22,500 |
| 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 | $237,513 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $328,679 |
| Net assets without donor restrictions | $2,324,451 |
| Net assets with donor restrictions | $270,484 |
| 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 | $2,923,614 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Manasota Solve Inc has recieved totaling $216,850.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT | $77,910 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $57,690 |
Florida Pregnancy Care Network Inc Tallahassee, FL PURPOSE: PREGNANCY SUPPORT | $29,000 |
Choose Life Inc Live Oak, FL PURPOSE: ADOPT COUNSEL & SUPP | $27,000 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $12,500 |
Essex County Community Foundation Incorporated Danvers, MA | | $5,100 |
Endowment Analysis
| Beg. Balance | $13,349 |
| Earnings | $1,444 |
| Ending Balance | $14,793 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Samuels House Inc Key West, FL | $1,850,075 | $1,571,335 |
Manasota Solve Inc Bradenton, FL | $2,923,614 | $1,362,014 |
H O P E Through Divine Intervention Atlanta, GA | $3,258,168 | $500,628 |
Jesus And You Outreach Ministries Inc Riviera Beach, FL | $1,108,281 | $393,209 |
Project 180 Sarasota Sarasota, FL | $557,805 | $389,603 |
Regional Child Advocacy Center Inc Grove Hill, AL | $462,922 | $427,383 |
Purpose House Ministries Sarasota, FL | $121,147 | $139,178 |
Awakenings House Inc Jacksonville, FL | $5,364 | $0 |
Uloc Of Tampa Tampa, FL | $0 | $165,078 |
Overcoming Challenges Lawrenceville, GA | $39,361 | $0 |
Samaritan Ministries Inc Bunnell, FL | $121,204 | $0 |
Living With Dignity Homes Sarasota, FL | $132 | $3,173 |