Nonprofit · EIN 20-4786732
SOL INTERNATIONAL FOUNDATION INC
Tax-exempt · ASHEVILLE, NC 28801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $231,009 | $292,097 | -$61,088 | $110,774 | $36,887 | $73,887 |
| December 31, 2024 | 990 | $236,202 | $271,887 | -$35,685 | $134,975 | $0 | $134,975 |
| December 31, 2023 | 990 | $228,640 | $242,931 | -$14,291 | $170,660 | $0 | $170,660 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $228,234
- Program service revenue
- $0
- Investment income
- $2,775
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $155,915
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,852
- Occupancy
- $8,896
- Travel
- $1,941
- Depreciation
- $3,450
- Program services (functional)
- $257,631
- Management and general (functional)
- $34,466
Balance sheet and other
- Total assets, start of year
- $134,975
- Total assets, end of year
- $110,774
- Total liabilities, end of year
- $36,887
- Net assets, end of year
- $73,887
- Land, buildings and equipment
- $14,430
- Net assets without donor restrictions
- $73,887
- Gross receipts
- $231,009
- Employees
- 0
- Volunteers
- 55
- Year formed
- 2006
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Teresa Bolton | Director Trustee or director | 1 | $0 |
| Eldon Bolton | Director Trustee or director | 1 | $0 |
| Louis Trosch | Director Trustee or director | 1 | $0 |
| Joanie Flanagan | President Board of Directors Officer | 3 | $0 |
| Brandon Raab | Treasurer Officer | 1 | $0 |
| Dave Elmore | Vice President Officer | 3 | $0 |
| Lizeth Fowler | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Teresa Bolton | Director Trustee or director | 1 | $0 |
| Eldon Bolton | Director Trustee or director | 1 | $0 |
| Louis Trosch | Director Trustee or director | 1 | $0 |
| Joanie Flanagan | President Board of Directors Officer | 3 | $0 |
| Brandon Raab | Treasurer Officer | 1 | $0 |
| Dave Elmore | Vice President Officer | 3 | $0 |
| Lizeth Fowler | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Teresa Bolton | Director Trustee or director | 1 | $0 |
| Eldon Bolton | Director Trustee or director | 1 | $0 |
| Louis Trosch | Director Trustee or director | 1 | $0 |
| Joanie Flanagan | President Board of Directors Officer | 3 | $0 |
| Brandon Raab | Treasurer Officer | 1 | $0 |
| Dave Elmore | Vice President Officer | 3 | $0 |
| Lizeth Fowler | Secretary Officer | 1 | $0 |
| Cassondra Williams Maier | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8 HUNT HILL PL, ASHEVILLE, NC 28801-4212
- In care of
- % BRANDON RAAB
- Mailing address (990-N for 2009)
- 146 Bartlett Street, Asheville NC 28801
- Principal officer (990 for 2025)
- Brandon Raab, 8 Hunt Hills Place, Asheville, NC 28801
- Principal officer (990-N for 2009)
- Brandon Raab, 146 Bartlett Street, Asheville NC 28801
- Signed the 990
- Joanie Flanagan, President
- Phone
- (828) 707-4601
- Website
- www.solif.org
Mission
Mission: Initiate and support community based programs designed to promote education and increase the quality of life in developing areas. Currently focused in Roatan Honduras.
Program accomplishments
- Program Service- Education SOLs Scholarships Program is a vital initiative aiming to provide educational opportunities for 110 at-risk youth in Roatan Honduras. The program ensures that every child in this program has the chance to receive an education fostering growth and success regardless of financial constraints. Seventy students ranging from 5 to 22 years old hailing from low-income and at risk backgrounds are granted full scholarships to attend private schools selected based on a combination of merit and financial need. Regular quarterly meetings are conducted between SOL volunteers and teachers from the six designated private schools to closely monitor the academic progress of these students offering additional support such as tutoring when required. The program emphasizes a holistic approach providing consistent support encouragement and care to scholarship recipients. Students benefit from access to tutors a psychologist and positive role models to aid in their development and realization of their full potential. Additionally 40 students receive financial assistance for school transportation and essential supplies. The expenditure of 101,715 covers tuition fees with the remaining 7,150 allocated for expenses such as uniforms supplies field trips and other miscellaneous school costs.Expenses $108,865 · grants $101,715
- Program Service- Community Center. SOL provides a safe and nurturing environment for 150 at-risk youth to engage in a variety of educational artistic and creative activities through the community center. These programs are designed to help children develop to their full potential by offering academic support counseling arts enrichment activities and nutritious meals. The center serves as a hub for positive interactions between the youth other nonprofits volunteers and community members. Daily the center welcomes 35 to 70 children who benefit from the supportive and inclusive environment that fosters improved social skills and nurtures strong relationships. By providing a space where every child feels valued and supported the center plays a vital role in showing the youth that they have a meaningful place within the community. Through a range of activities and services the program aims to empower these children to thrive and contribute positively to their surroundings. The centers approach goes beyond merely offering extracurricular activities; it is a holistic effort to create a support system for the youth addressing their academic emotional nutritional and social needs. Furthermore by engaging with volunteers community members and other nonprofits the center exposes the youth to positive role models and diverse perspectives broadening their horizons and fostering a sense of belonging and community. The staff at the center play a crucial role in the lives of the children with dedicated professionals providing individualized attention and care. Through a partnership with a Honduran NGO Centro Para El Crecimiento Comunitario SOL awarded a 45,000 grant to support the management and staffing of the center. The team includes a manager who oversees the daily operations and ensures a safe and welcoming environment two full-time tutors who offer academic support and guidance a part-time accountant and administrator who manages the financial aspects of the center and a part-time psychologist who provides much-needed counseling and emotional support to the youth. This multi-disciplinary team works together to create a comprehensive support network for the children addressing their needs from various angles and ensuring that each child receives the care and attention they require to thrive. By providing a safe and supportive space where children can learn play and grow the center is helping to shape the future of these youth and empower them to reach their full potential. The programs focus on building strong relationships fostering social skills and nurturing talent underscores its dedication to not only preparing the children for success but also instilling in them a sense of belonging and community.Expenses $77,961 · grants $44,700
- Program Service- Sports Program for 120 at risk youth in Roatan Honduras. We work with the local population to develop and fund sports programs including little league baseball a volleyball league and also soccer and track and field. Programs develop teamwork and confidence for these at risk youth. Expenses include uniforms equipment travel and court and field expenses. This year we also helped fund an international volleyball tournament to expose the youth to international competition a setting in which they thrived. This year we also began a partnership with a new organization The Roatan Baseball Academy. This organization is aiming to bring baseball to a new level on the island with an island wide league coaches and one day a new facility. We granted the Academy 9500 to help their efforts with coaches uniforms transport and logistics.Expenses $51,099 · grants $9,500
- Program Service: Continuing education with medical scholarships we support one doctoral student who attends University in Honduras who will return to the island to practice once their schooling is finished. There is no relationship to this student and any member or donor of SOL International Foundation. They will be required to serve one year of medical service on Roatan for every 2 years of scholarship. The funds donated to this student are to help with living expenses while they are away from the island at University on the mainland. Total is 2805Expenses $2,805
- Program service Community Support this program evolved out of the need for emergency funds for families in the community that we are centered. Funds are administered to the families of the youth involved in the other programs services when they need additional help due to illness death or other emergencies. This is also the program that supports other non profits on the island when they have fundraisers or events.Expenses $16,901
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4786732
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q33)
- Assets (IRS master file)
- $110,774
- Income (IRS master file)
- $231,009
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $231,009 | $292,097 | $110,774 | IRS |
| 990 | December 2024 | $236,202 | $271,887 | $134,975 | XML |
| 990 | December 2023 | $228,640 | $242,931 | $170,660 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2009 Officer: Brandon Raab | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4786732).
Questions about SOL INTERNATIONAL FOUNDATION INC
- What is the EIN of SOL INTERNATIONAL FOUNDATION INC?
- The employer identification number (EIN) of SOL INTERNATIONAL FOUNDATION INC is 20-4786732.
- Is SOL INTERNATIONAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to SOL INTERNATIONAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOL INTERNATIONAL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOL INTERNATIONAL FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOL INTERNATIONAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SOL INTERNATIONAL FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Brandon Raab.
- Who are the officers and directors of SOL INTERNATIONAL FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does SOL INTERNATIONAL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $231,009, expenses of $292,097 and total assets of $110,774 at year end.
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All nonprofits in ASHEVILLE · North Carolina · International, foreign affairs and national security