Solamor Hospice Foundation
EIN: 263074756 · Portsmouth, NH
| Metric | Value |
|---|---|
| Total Expenses | $175K |
| Net Assets | $159K |
Is Solamor Hospice Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Solamor Hospice Foundation
Solamor Hospice Foundation (EIN: 263074756) is a nonprofit organization based in Portsmouth, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solamor Hospice Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Solamor Hospice Foundation is a small nonprofit, with 5 years of IRS 990 filings on record (2010–2014). Revenue has grown at a compound annual rate of 26.7%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $175K |
| Surplus / Deficit | $-60,294 |
| Total Assets | $159K |
| Net Assets | $159K |
| Operating Margin | -52.7% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2014, Solamor Hospice Foundation reported a deficit of $60K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2010–2014), Solamor Hospice Foundation's revenue has grown at a compound annual growth rate (CAGR) of 26.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -44.0% | +61.6% | -27.5% |
| 2013 | +180.5% | -3.9% | +77.7% |
| 2012 | +14.9% | +143.1% | +13.4% |
| 2011 | +42.9% | +49.0% | +18.6% |
AI Analysis Pending
AI enrichment for Solamor Hospice Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Solamor Hospice Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
Frequently Asked Questions about Solamor Hospice Foundation
Is Solamor Hospice Foundation a legitimate charity?
Solamor Hospice Foundation (EIN: 263074756) is a registered tax-exempt nonprofit based in New Hampshire. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Solamor Hospice Foundation spend its money?
Solamor Hospice Foundation reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Solamor Hospice Foundation tax-deductible?
Solamor Hospice Foundation is registered as a tax-exempt nonprofit (EIN: 263074756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Solamor Hospice Foundation located?
Solamor Hospice Foundation is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 263074756.
How many years of IRS 990 filings does Solamor Hospice Foundation have?
Solamor Hospice Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Solamor Hospice Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2010–2014), Solamor Hospice Foundation's revenue has grown by 157.9%, moving from $44K to $114K. Total assets increased by 73.4% over the same period, from $92K to $159K. Total functional expenses rose by 462.4%, from $31K to $175K. In its most recent filing year (2014), Solamor Hospice Foundation reported a deficit of $60K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $114K | $175K | $159K | $0 | — | View 990 |
| 2013 | $204K | $108K | $220K | $0 | — | View 990 |
| 2012 | $73K | $112K | $124K | $0 | — | View 990 |
| 2011 | $63K | $46K | $109K | $0 | — | View 990 |
| 2010 | $44K | $31K | $92K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $114K, expenses of $175K, and assets of $159K (revenue -44.0% year-over-year).
- 2013: Revenue of $204K, expenses of $108K, and assets of $220K (revenue +180.5% year-over-year).
- 2012: Revenue of $73K, expenses of $112K, and assets of $124K (revenue +14.9% year-over-year).
- 2011: Revenue of $63K, expenses of $46K, and assets of $109K (revenue +42.9% year-over-year).
- 2010: Revenue of $44K, expenses of $31K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Solamor Hospice Foundation:
Data Sources and Methodology
This transparency report for Solamor Hospice Foundation 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.