S Solutions Inc
S Solutions Inc maintains stable assets and reports no officer compensation, despite recent minor operating deficits.
EIN: 205005510 · Castle Hayne, NC · NTEE: N64 · Updated: 2026-03-28
Is S Solutions Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
S Solutions Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About S Solutions Inc
S Solutions Inc (EIN: 205005510) is a nonprofit organization based in Castle Hayne, NC, classified under NTEE code N64. The organization reported total revenue of $1.1M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of S Solutions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
S Solutions Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $917K |
| Total Expenses | $957K |
| Surplus / Deficit | $-39,675 |
| Total Assets | $1.2M |
| Total Liabilities | $261K |
| Net Assets | $926K |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 22.0% |
| Months of Reserves | 14.9 months |
Financial Health Grade: B
In 2023, S Solutions Inc reported a deficit of $40K with expenses exceeding revenue, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 22.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), S Solutions Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | +7.8% | -3.9% |
| 2022 | +10.2% | +20.1% | +6.7% |
| 2021 | +40.8% | +13.4% | +3.3% |
| 2020 | -56.7% | -42.8% | +2.8% |
| 2019 | +12.8% | +8.3% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates S Solutions Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, S Solutions Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.0%.
Executive Compensation Analysis
S Solutions Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly commendable for an organization of its size with over $1 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of S Solutions Inc's IRS 990 filings:
- Operating deficit in 2023 ($957,113 expenses vs. $917,438 revenue)
- Increase in liabilities over time (from $14,316 in 2015 to $261,430 in 2023)
Strengths
The following positive indicators were identified for S Solutions Inc:
- Consistent reporting of 0% officer compensation
- Strong asset base ($1,187,684 in 2023) relative to liabilities
- History of consistent revenue generation (latest $1,065,550)
- Steady growth in assets over the past decade
Frequently Asked Questions about S Solutions Inc
Is S Solutions Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, S Solutions Inc (EIN: 205005510) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does S Solutions Inc spend its money?
S Solutions Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to S Solutions Inc tax-deductible?
S Solutions Inc is registered as a tax-exempt nonprofit (EIN: 205005510). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is S Solutions Inc financially stable?
Yes, S Solutions Inc appears financially stable. Its assets of $1,187,684 in 2023 significantly outweigh its liabilities of $261,430, and it has a history of consistent revenue generation, with current revenue at $1,065,550.
How has S Solutions Inc's revenue trended over time?
S Solutions Inc's revenue has fluctuated but generally shown growth, from $685,540 in 2014 to $917,438 in 2023, with a peak of $1,286,102 in 2019. The latest reported revenue is $1,065,550.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries.
Are there any concerns regarding the organization's liabilities?
While liabilities have increased from $14,316 in 2015 to $261,430 in 2023, the organization's assets of $1,187,684 in 2023 comfortably cover these obligations, suggesting no immediate concern.
Filing History
IRS 990 filing history for S Solutions Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), S Solutions Inc's revenue has grown by 118.3%, moving from $420K to $917K. Total assets increased by 508.2% over the same period, from $195K to $1.2M. Total functional expenses rose by 176.4%, from $346K to $957K. In its most recent filing year (2023), S Solutions Inc reported a deficit of $40K, with expenses exceeding revenue. The organization holds $261K in liabilities against $1.2M in assets (debt-to-asset ratio: 22.0%), resulting in net assets of $926K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $917K | $957K | $1.2M | $261K | — | — |
| 2022 | $864K | $888K | $1.2M | $270K | — | View 990 |
| 2021 | $784K | $740K | $1.2M | $169K | — | View 990 |
| 2020 | $557K | $652K | $1.1M | $176K | — | View 990 |
| 2019 | $1.3M | $1.1M | $1.1M | $86K | — | View 990 |
| 2018 | $1.1M | $1.1M | $942K | $82K | — | View 990 |
| 2017 | $1.0M | $1.0M | $800K | $26K | — | View 990 |
| 2016 | $995K | $802K | $781K | $22K | — | View 990 |
| 2015 | $1.1M | $865K | $580K | $14K | — | View 990 |
| 2014 | $686K | $552K | $379K | $12K | — | View 990 |
| 2013 | $467K | $380K | $246K | $12K | — | View 990 |
| 2012 | $332K | $316K | $162K | $16K | — | View 990 |
| 2011 | $420K | $346K | $195K | $74K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $917K, expenses of $957K, and assets of $1.2M (revenue +6.2% year-over-year).
- 2022: Revenue of $864K, expenses of $888K, and assets of $1.2M (revenue +10.2% year-over-year).
- 2021: Revenue of $784K, expenses of $740K, and assets of $1.2M (revenue +40.8% year-over-year).
- 2020: Revenue of $557K, expenses of $652K, and assets of $1.1M (revenue -56.7% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $1.1M (revenue +12.8% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $942K (revenue +12.6% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $800K (revenue +1.7% year-over-year).
- 2016: Revenue of $995K, expenses of $802K, and assets of $781K (revenue -6.4% year-over-year).
- 2015: Revenue of $1.1M, expenses of $865K, and assets of $580K (revenue +55.2% year-over-year).
- 2014: Revenue of $686K, expenses of $552K, and assets of $379K (revenue +46.8% year-over-year).
- 2013: Revenue of $467K, expenses of $380K, and assets of $246K (revenue +40.6% year-over-year).
- 2012: Revenue of $332K, expenses of $316K, and assets of $162K (revenue -20.9% year-over-year).
- 2011: Revenue of $420K, expenses of $346K, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for S Solutions Inc:
Data Sources and Methodology
This transparency report for S Solutions Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.