Solaris Foundation Inc
98% goes to programs Thin reserves Declining revenue
Solaris Foundation Inc is a 501(c)(3) organization based in Windermere, Florida, registered in 2014, with $215,583,958 in FY2024 revenue. CharityIndex grades it B, and it directs about 98% of spending to programs.
Po Box 3310, Windermere, FL, 34786 EIN 45-5611172 Since 2014
Revenue (FY2024)
$215.6M
▲ 1.6% vs prior year
Health median: $840K
Expenses (FY2024)
$210.9M
Net assets
$3.4M
Employees
3,071
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating98% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Solaris Foundation Inc: 98% to programs earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Solaris Foundation Inc: 0 mo reserves · +2% margin earns a C on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Solaris Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Solaris Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To improve overall quality of life of individuals throughout the southeastern united states with a comprehensive health and wellness program that addresses the needs of each community we serve. through our group of affiliated entities and a network of healthcare providers, we will develop a wellness based continuum of services that address the medical, social and wellness needs of the elderly, indigent and children in each of the communities we serve.
Contact & location
- Address
- Po Box 3310, Windermere, FL, 34786
- City
- Windermere
- State
- Florida
- Category
- Health Care
- Subcategory
- Nursing & Home Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $593K (FY2013) to $215.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $77.4MNet assets $3.4M
Operating margin
2.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$80.8M
Total liabilities
$77.4M
Net assets
$3.4M
Salaries & benefits
$109.8M
52% of expenses
Board members
5
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $215,583,958▲1.6% | $210,862,246▼1.1% | $3,403,126▲358% | $80,830,272▼13.6% | 990 |
| 2023 | $212,128,052▼5.7% | $213,310,714▼9.0% | -$1,318,586▼870% | $93,545,812▼25.6% | 990 |
| 2022 | $224,921,900▼14.5% | $234,532,723▼11.7% | -$135,924▼101% | $125,769,830▲122% | 990 |
| 2021 | $263,013,107▼0.1% | $265,644,704▲2.8% | $9,474,899▼21.7% | $56,620,207▼42.0% | 990 |
| 2020 | $263,189,227▲0.6% | $258,400,302▼2.2% | $12,106,496▲65.4% | $97,668,783▲23.6% | 990 |
| 2019 | $261,729,289▲5.0% | $264,198,376▲8.4% | $7,317,571▼25.2% | $79,024,482▲4.9% | 990 |
| 2018 | $249,208,678▲11.9% | $243,670,819▲12.4% | $9,786,658▲129% | $75,345,900▲18.3% | 990 |
| 2017 | $222,799,564▲3.9% | $216,783,799▼0.7% | $4,266,858▲980% | $63,692,793 | 990 |
| 2016 | $214,352,787▲6767% | $218,376,573▲7696% | -$484,606▼115% | $63,674,585▲248% | 990 |
| 2015 | $3,121,441▼38.5% | $2,801,001▲3.2% | $3,239,180▲11.0% | $18,313,119▼7.6% | 990 |
| 2014 | $5,073,870▲756% | $2,715,362▲271% | $2,918,740▲1696% | $19,810,178▲5911% | 990 |
| 2013 | $593,083 | $732,629 | -$182,864 | $329,558 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Tom Bell — $759,631 (0.36% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tom Bell | President | 40 | $759,631 |
| Shawn Corley | Pres, Solaris Healthcare P | 40 | $435,960 |
| Ross Baird | Pres, Cfo, Me Solaris Heal | 40 | $250,862 |
| F Stanford Weyer | Pres, Cfo, Me Solaris Heal | 40 | $241,063 |
| Ashley Parker | Pres, Cfo, Me Solaris Heal | 40 | $231,276 |
| Jamie Weis-jones | Pres, Cfo, Me Solaris Heal | 40 | $222,259 |
| Amy Saayman | Pres, Cfo, Me Solaris Heal | 40 | $217,920 |
| Bob Pate | Pres, Cfo, Me Solaris Heal | 40 | $215,662 |
| Linda Winters | Pres, Cfo, Me Solaris Heal | 40 | $213,657 |
| Patricia Delrio | Pres, Cfo, Me Solaris Heal | 40 | $211,788 |
| Corey Bennici | Pres, Cfo, Me Solaris Heal | 40 | $203,632 |
| Jennifer Iavarone | Pres, Cfo, Me Solaris Heal | 40 | $198,695 |
| Shaire Cunningham Davis | Pres, Cfo, Me Solaris Heal | 40 | $197,987 |
| Chaim Herzka | Board Member | 1 | — |
| Jospeh Oberlander | Board Member | 1 | — |
| Michael Berkowitz | Board Member | 1 | — |
| Miriam Buxbaum | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Step Up Rehab | Clinical Consulting Services | $13,000,000 |
| Gordon Food Service | Food Service | $5,199,299 |
| Careone Pharmacy Services LLC | Prescriptions/ Pharmacy | $3,876,320 |
| Solaris Licensing | Clinical Consulting Services | $3,791,382 |
| Twinmed LLC | Medical Supplies Distributor | $1,554,418 |
Similar organizations in Health
Health
Baptist Medical Center Beaches
Jacksonville, FL
$218.8M
Aannual revenue
Health
Baptist Outpatient Services Inc
Coral Gables, FL
$212.3M
Aannual revenue
Health
Baycare Home Care Inc
Largo, FL
$228.3M
Aannual revenue
South Florida Baptist Hospital Inc
Plant City, FL
$202.7M
Aannual revenue
Health
Brooks Rehabilitation Hospital
Jacksonville, FL
$192.8M
Aannual revenue
Health
Flagler Hospital Inc
St Augustine, FL
$239.0M
Bannual revenue
Health
Villages Tri-county Medical Center Inc
The Villages, FL
$239.6M
Aannual revenue
Health
Tarpon Springs Hospital Foundation Inc
Tarpon Spgs, FL
$190.2M
Bannual revenue
Health
Lifelink Foundation Inc
Tampa, FL
$167.7M
A+annual revenue
Baycare Select Health Plans Inc
Clearwater, FL
$161.6M
Aannual revenue
Compare Solaris Foundation Inc
Frequently asked questions
- Is Solaris Foundation Inc a legitimate nonprofit?
- Yes. Solaris Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-5611172, based in Windermere, Florida. Donations are tax-deductible.
- What is Solaris Foundation Inc's EIN?
- Solaris Foundation Inc's Employer Identification Number (EIN) is 45-5611172.
- How much revenue does Solaris Foundation Inc report?
- Solaris Foundation Inc reported $215,583,958 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Solaris Foundation Inc's spending goes to programs?
- Solaris Foundation Inc spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Solaris Foundation Inc have?
- CharityIndex grades Solaris Foundation Inc B, based on program efficiency and fundraising cost.
- How much does Solaris Foundation Inc's highest-paid employee make?
- The highest reported compensation on Solaris Foundation Inc's latest Form 990 is $759,631, paid to Tom Bell (President).
More nonprofits in Windermere
Explore more
Data for Solaris Foundation Inc (EIN 45-5611172) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.