TPhilanthropy, Voluntarism & GrantmakingEIN: 842130536· Ruling Year: 2020

Solidaire Network Inc

Oakland, California

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.31×
Peer Median11.98×
💰
$17.8M
Total Revenue
📊
$14.5M
Total Expenses
🏦
$4.5M
Net Assets
📋
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+123.1%
Year-over-year change (2023 → 2024)
Net Margin
+18.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.31
Net assets divided by total expenses
Liabilities-to-Assets
24.7%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2024$17,787,901123%$14,539,60419%$5,968,532103%
2023$7,973,6911%$12,207,2782%$2,945,54377%
2022$7,898,59678%$12,449,50452%$12,776,14543%
2021$35,496,932$25,700,158$22,266,535

Frequently Asked Questions

What does Solidaire Network Inc do?

Solidaire Network Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in California. It is classified under NTEE code T12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Solidaire Network Inc financially healthy?

Based on our 9-metric Financial Health Score model, Solidaire Network Inc has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Solidaire Network Inc generate?

Solidaire Network Inc reports $27.1M in annual revenue and holds $17.5M in total assets, based on IRS filings.

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Solidaire Network Inc — Oakland, CA | GiveScope