Solventas Foundation

Nonprofit profile at a glance

EIN
465429610
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2022
Location
Leawood, KS, USA
Phone
9135832012
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Promotion of International Understanding

Reported finances

Revenue
$1,712,470
Expenses
$1,780,734
Assets
$2,374,943
Liabilities
$610,112

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • WILLIAM BAKER (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • Jay Berk (PSYCHOLOGIST): $350,868 total reported compensation
  • WILLIAM BAKER (CHIEF EXECUTIVE OFFICER): $265,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Through partnerships with Hope Faith Ministries and Sportsmen for Heroes, as well as through our programs- Perspectives Academy (Jay Berk and Associates), and NueHealth Surgical Alliance, we are able to reach and serve our intended audience: those in need. Hope Faith Ministries is a Christian ministry in downtown Kansas City serving as an equipping day center for the homeless. Sportsmen for Heroes provides outdoor adventures for disabled veterans. Perspectives Academy assists students who have struggled in traditional school settings or with other programs. NueHealth Surgical Alliance aims to improve global access to surgical care.

What it reported doing in 2024

In 2024, Perspectives Academy demonstrated remarkable growth and dedication to its attendees, achieving significant milestones across its programs. PA proudly served 145 students in its social skills courses (through Jay Berk, Ph.D. and Associates), equipping them with essential tools for navigating complex social environments and fostering meaningful connections. A testament to its commitment to therapeutic and academic excellence, Perspectives Academy celebrated the graduation of seven high school students from its program, each earning high school equivalencies and opening doors to future opportunities. For example, three Perspectives Academy graduates are successfully attending college full- and part-time at Kent State University, John Carrol University, and Lorain County Community College. Additionally, two students have returned back to their district of residence for the 2025-2026 school year, as they have achieved individual success throughout their programming at Perspectives Academy. This impactful year was further underscored by an impressive overall enrollment increase of 11%, highlighting the growing recognition of Perspectives Academy's invaluable contributions to its attendees development and success.

Operating model

Revenue model
Other-operating. 99% 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 the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 69
  • Accountability: 79
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.1%; rating input score 80
  • Program expense ratio: 77.1%; rating input score 77
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: -4%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 1.33; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 34.6%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 13.5% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 41.8% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 46.8% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 80.1% of revenue deployed · 77.1% of spending went to programs
  • Governance: 7 of 7 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.4M in reported program spending
  • Leadership: top reported pay $351K · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 3 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 26/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.