Charity Search / SOL NATION INC
Environment (C60) DX Registered 990 on File

SOL NATION INC

EIN: 82-2997095 · CHARLOTTE, NC 28216-0000 · United States · FY 2024 Data
Tax-exempt status revoked by the IRS on 15 May 2020
This organization is not in good standing with its registry and is not rated.
Not rated Based on 2+ years of filings
Financial strength (30%) 94/100
Reliability (20%) 30/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

Sol Nation amplifies and provides direct pathways to a just transition, resiliency, and revitalization as we move to a greener, more sustainable economy. We equip marginalized communities with education, training and resources to address injustice specifically in the areas of climate, environmental, and economic impacts. We translate some of our community's most critical issues related to the land, the air, the water, and the people.

Financial Overview — FY 2024
$471K
Total Revenue
$403K
Total Expenses
$720K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.1%
Fundraising Efficiency N/A
Operating Reserve 21.45x
Liability-to-Asset 0.0%
Revenue Diversification 97.1%
Executive Compensation $104K
Compared with Peers
FY 2024
Compared with 2,847 similar organizations (United States, Environment, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
78.1% 82.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
15.9% 13.0%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
6.0% 0.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
21.5 mo 13.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 1.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
97.1% 91.6%
P10P90
Below median
Surplus margin
Surplus as a share of revenue
14.5% 6.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $471K $403K $720K 78.1% 1
2022 $483K $236K $329K 93.1% 0
2021 $201K $191K $66K 92.5% 0
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Organization Details
EIN
82-2997095
State
NC
City
CHARLOTTE
ZIP
28216-0000
Classification
C60
Category
Environment
Rating
Revoked Not rated
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2018
Form 990
On File
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