Solomon Level 8 Foundation is a 501(c)(3) organization based in Tampa, Florida, registered in 1999, with $19,101 in FY2025 revenue. CharityIndex grades it F.
Revenue (FY2025)
$19K
▼ 2.8% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$53K
Net assets
$275K
Employees
—
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. Not scored for Solomon Level 8 Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Solomon Level 8 Foundation: 62 mo reserves · -180% margin earns a F on this criterion. See the exact thresholds →
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. Not scored for Solomon Level 8 Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Solomon Level 8 Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $9,531 (FY2013) to $19K (FY2025) across 13 reported years.
Financial snapshot
Operating margin
-180.0%
Spent more than it raised in the latest fiscal year.
Total assets
$275K
Total liabilities
$0
Net assets
$275K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $19,101▼2.8% | $53,488▲9.2% | $275,291▼7.2% | $275,291▼7.2% | 990PF |
| 2024 | $19,652▼18.6% | $48,975▲21.0% | $296,714▼8.6% | $296,714▼8.6% | 990PF |
| 2023 | $24,131▲60.4% | $40,459▼17.2% | $324,687▼4.8% | $324,687▼4.8% | 990PF |
| 2022 | $15,044▼18.0% | $48,856▲76.5% | $341,015▼11.3% | $341,015▼11.3% | 990PF |
| 2021 | $18,355▲2232% | $27,676▼39.0% | $384,625▼2.4% | $384,625▼2.4% | 990PF |
| 2020 | $787▼95.1% | $45,361▲16.0% | $393,946▼10.2% | $393,946▼10.2% | 990PF |
| 2019 | $16,221▼16.6% | $39,091▼0.9% | $438,520▼5.0% | $438,520▼5.0% | 990PF |
| 2018 | $19,440▼28.6% | $39,444▼40.2% | $461,390▼4.2% | $461,390▼4.2% | 990PF |
| 2017 | $27,210▼87.0% | $65,922▲223% | $481,394▼7.4% | $481,394▼7.4% | 990PF |
| 2016 | $209,473▲1597% | $20,410▲880% | $520,106▲57.1% | $520,106▲57.1% | 990PF |
| 2015 | $12,342▼18.1% | $2,083▼85.5% | $331,043▲3.2% | $331,043▲3.2% | 990PF |
| 2014 | $15,066▲58.1% | $14,405▼40.2% | $320,784▲0.2% | $320,784▲0.2% | 990PF |
| 2013 | $9,531 | $24,089▲38.3% | $320,123▼4.3% | $320,123▼4.3% | 990PF |
| 2012 | — | $17,412▼27.7% | $334,681▲30.5% | $334,681▲30.5% | 990PF |
| 2011 | — | $24,090▲38.4% | $256,464▼2.6% | $256,464▼2.6% | 990PF |
| 2010 | — | $17,412 | $263,189 | $263,189 | 990PF |
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.
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Data for Solomon Level 8 Foundation (EIN 59-3539126) 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.