SOL International Foundation Inc

Nonprofit profile at a glance

EIN
204786732
IRS 990 coverage
2020–2025
Forms available
Form 990 2025, Form 990-EZ 2022, Form 990-N 2009
Location
Asheville, NC, USA
Phone
8287074601
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Relief

Official website

Reported finances

Revenue
$231,009
Expenses
$292,097
Assets
$110,774
Liabilities
$36,887

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Joanie Flanagan (President Board of Directors)
  • Dave Elmore (Vice President)

People named in this filing

  • Teresa Bolton (Director)
  • Eldon Bolton (Director)
  • Louis Trosch (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Mission: Initiate and support community based programs designed to promote education and increase the quality of life in developing areas. Currently focused in Roatan Honduras.

What it reported doing in 2025

Program Service- Community Center. SOL provides a safe and nurturing environment for 150 at-risk youth to engage in a variety of educational artistic and creative activities through the community center. These programs are designed to help children develop to their full potential by offering academic support counseling arts enrichment activities and nutritious meals. The center serves as a hub for positive interactions between the youth other nonprofits volunteers and community members. Daily the center welcomes 35 to 70 children who benefit from the supportive and inclusive environment that fosters improved social skills and nurtures strong relationships. By providing a space where every child feels valued and supported the center plays a vital role in showing the youth that they have a meaningful place within the community. Through a range of activities and services the program aims to empower these children to thrive and contribute positively to their surroundings. The centers approach goes beyond merely offering extracurricular activities; it is a holistic effort to create a support system for the youth addressing their academic emotional nutritional and social needs. Furthermore by engaging with volunteers community members and other nonprofits the center exposes the youth to positive role models and diverse perspectives broadening their horizons and fostering a sense of belonging and community. The staff at the center play a crucial role in the lives of the children with dedicated professionals providing individualized attention and care. Through a partnership with a Honduran NGO Centro Para El Crecimiento Comunitario SOL awarded a 45,000 grant to support the management and staffing of the center. The team includes a manager who oversees the daily operations and ensures a safe and welcoming environment two full-time tutors who offer academic support and guidance a part-time accountant and administrator who manages the financial aspects of the center and a part-time psychologist who provides much-needed counseling and emotional support to the youth. This multi-disciplinary team works together to create a comprehensive support network for the children addressing their needs from various angles and ensuring that each child receives the care and attention they require to thrive. By providing a safe and supportive space where children can learn play and grow the center is helping to shape the future of these youth and empower them to reach their full potential. The programs focus on building strong relationships fostering social skills and nurturing talent underscores its dedication to not only preparing the children for success but also instilling in them a sense of belonging and community.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 75
  • Accountability: 88
  • Sustainability: 19
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88.2%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Fail
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -26.4%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: -9.1% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -10% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -1.2% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 88.2% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
  • Programs: 5 filed program accomplishments · $258K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 44 of 44 current checks pass
  • Schedules: 5 filed schedules · includes major donors and foreign activity
  • Filing history: 4 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.