Souly Business
Nonprofit profile at a glance
- EIN
- 201438541
- IRS 990 coverage
- 2015–2025
- Forms available
- Form 990 2025, Form 990-EZ 2014
- Location
- Alpharetta, GA, USA
- Phone
- 4042345016
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $282,605
- Expenses
- $340,692
- Assets
- $136,906
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Highest reported compensation
- DOUG HURLEY (EXECUTIVE DI): $80,000 total reported compensation
- LARRY GREEN CLOUD WALK (DIRECTOR): $12,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Souly business weekends - multiple virtual and in-person retreats were held during the year with over 1200 participants. Through music, speaker and table discussions, participants grow in their relationship with christ.
What it reported doing in 2025
- hosted 16 retreat gatherings in Georgia, Tennessee, North Carolina, California, eastern, Florida, and latin america. - conducted an in-person retreat for chapter directors and key leaders. - all existing chapters continue to gro and thrive. - preparing to launch new chapters in western canada, Michigan, and Virginia in 2026, followed by rwanda and Arkansas in 2027. - almost daily, we hear stories of men's lives (and their families and communities) being changed through souly business by the transformational love of our heavenly father.
Operating model
- Revenue model
- Earned-program. 61% of the money available for current operations came from fees and other program 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 92
- Accountability: 65
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.8%; rating input score 87
- Program expense ratio: 72%; rating input score 72
- Fundraising efficiency: $13.62 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 87.5%; rating input score 88; 26th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -20.6%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 27%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 0.1% per year; rating input score 100; 29th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 86.8% of revenue deployed · 72% of spending went to programs
- Governance: 7 of 8 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $245K in reported program spending
- Leadership: top reported pay $80K · 8 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Money network: 3 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.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
- High — Sustainability: Operating margin scored 11/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Sustainability: Officer compensation ratio scored 13/100.