Solbon International Inc

Nonprofit profile at a glance

EIN
651070756
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Bradenton, FL, USA
Phone
5182290428
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Rehabilitative Medical Services

Official website

Reported finances

Revenue
$6,840,399
Expenses
$6,449,766
Assets
$3,121,892
Liabilities
$1,213,036

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Kevin Larkin (President)

Highest reported compensation

  • Patricia Jones (CFO): $19,500 total reported compensation

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

Overview

Mission

To help emerging populations become equipped to meet their own needs through the development of sustainable solultions in cooperation with local governments, achieving results through local and international relationships.

What it reported doing in 2025

Community Education Programs that teach business skills to local workers. English classes to rural residents, students applying for acceptance into Universities and local government officials. Feeding programs for impoverished children. Liaison for Development programs in rural Asia. Train individuals to work in rural overseas areas to implement programs that will enrich the community, via business and education programs.

Operating model

Revenue model
Other-operating. 97% of the money available for current operations came from other operating revenue.
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: 85
  • Transparency & Controls: 46
  • Accountability: 31
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.4%; rating input score 93
  • Program expense ratio: 99%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 9th 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.7%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0.3%; rating input score 79; 79th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 9% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 8% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 93.4% of revenue deployed · 99% of spending went to programs
  • Governance: 0 of 8 board members independent · 6 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $6.4M in reported program spending
  • Leadership: top reported pay $20K · 9 people listed
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes foreign activity
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — 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 8 not reported.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.