Rayo De Sol Inc

Nonprofit profile at a glance

EIN
204281339
IRS 990 coverage
2015–2025
Forms available
Form 990 2025, Form 990-EZ 2017
Location
Atlanta, GA, USA
Phone
7702897628
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$715,309
Expenses
$853,655
Assets
$1,077,262
Liabilities
$5,887

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • PETER DOUGLAS SCHALLER (EXECUTIVE DIRECTOR)
  • John Hoover (President)
  • Brent Nix (Vice President)

Highest reported compensation

  • PETER DOUGLAS SCHALLER (EXECUTIVE DIRECTOR): $57,000 total reported compensation
  • LESLIE LONG (ADMINSITRATOR): $27,064 total reported compensation
  • AUDRA ESPER (ADMINISTRATIVE ASSISTANT): $15,765 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Rayo de Sol works with children, adolescents and adults in vulnerable communities in Matagalpa, Nicaragua, where poverty levels are high and social services are extremely limited. Currently, the organization implements five programs, including: Spiritual Development, Educational Quality, Integral Community Health, Youth in Action and Community Development. These programs are designed to respond to the pressing needs in these communities and improve the quality of life of more than 5,000 people. Rayo de Sol currently provides program services in 35 schools and communities in Matagalpa, striving to improve health, education and nutrition services for the most impoverished communities, as well as creating new economic opportunities for adults. This work is done in coordination with local organizations, community leaders and public agencies. Since beginning work in Nicaragua, significant improvements have been documented in nutritional levels, health and hygiene and permanence of children

What it reported doing in 2025

Rayo de Sol implements health, education, nutrition and community development programs in vulnerable communities in Matagalpa, Nicaragua. Most notably, program services are provided for more than 5,200 preschool and primary students, which has helped to improve retention and promotion rates. All children receive nutritious meals every school day, which has reduced malnourishment by more than ten percent. Rayo de Sol also offers scholarships for more than 800 high school and university students. This allows them to stay in school and continue their education, since their families cant afford to support their academic efforts. There were also 250 adults that participated in vocational training and small business development courses. This creates new economic opportunities so that families can break the cycles of chronic poverty. The organization treated over 4500 patients at their community clinics and provided program services to a population of approximately 10,000 people.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and program spending has grown recently. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 51
  • Accountability: 26
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.8%; rating input score 93
  • Fundraising efficiency: $28.16 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 18th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -19.3%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 1.26; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 11.8%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: 14.4% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 13.5% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 11.6% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.8% of spending went to programs
  • Governance: 0 of 11 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $792K in reported program spending
  • Leadership: top reported pay $57K · 16 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and foreign activity
  • Filing history: 10 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 7/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.