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Nonprofit · EIN 22-3401896

SOLUTIONS TO END POVERTY SOON INC

Tax-exempt · TOMS RIVER, NJ 08755

Financials

$1.2M$1.4M2023$945K$1.1M2024
Revenue Expenses · by fiscal year end
Financials of SOLUTIONS TO END POVERTY SOON INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$945,055$1,145,074-$200,019$401,588$0$401,588
December 31, 2023990$1,179,881$1,378,756-$198,875$601,607$0$601,607
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$945,046
of which government grants
$924,046
Program service revenue
$0
Investment income
$9
Other revenue
$0

Expenses

Grants and similar amounts paid
$687,182
Compensation of officers, directors and key employees
$357,018
Salaries, compensation and benefits (total)
$357,018
Professional fundraising fees
$0
Legal fees
$1,695
Occupancy
$16,988
Travel
$141
Depreciation
$792
Program services (functional)
$1,139,116
Management and general (functional)
$5,958

Balance sheet and other

Total assets, start of year
$601,607
Total assets, end of year
$401,588
Total liabilities, end of year
$0
Net assets, end of year
$401,588
Land, buildings and equipment
$3,494
Net assets without donor restrictions
$401,588
Gross receipts
$945,055
Employees
9
Volunteers
10
Year formed
1994
State of legal domicile
NJ

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Michael McNeilPresident
Trustee or director, Officer
40$94,150
Shawnte FranklinTreasurer
Officer
40$68,650
Kyra PriceVP
Officer
40$43,000
Adeyja SimonettiSpecial Programs
Key employee
40$41,950
Eugnio EspinosaInterpretor
Key employee
40$37,800
Shadey LaneOther Programs
Key employee
40$29,430
Tziporah SchreiberOther Programs
Key employee
40$29,350
Yuly HernandezOther Programs
Key employee
20$7,850
Sarah YoffeOther Programs
Key employee
20$4,838
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Michael McNeilPresident
Trustee or director, Officer
40$88,700
Shawnte FranklinTreasurer
Officer
40$58,700
Kyra PriceVP
Officer
40$41,900
Eugnio EspinosaInterpretor
Key employee
40$36,700
Adeyja SimonettiSpecial Programs
Key employee
40$28,700
Shadey LaneOther Programs
Key employee
40$23,500
Angela CaldwellKey Employee
Key employee
20$12,600
Lorraine PalmerHomeless director
Key employee
20$9,600

Address and contacts

Address (IRS master file)
10 MORNING GLORY CT, TOMS RIVER, NJ 08755-3233
Mailing address (990-N for 2007)
10 Morning Glory Ct, Toms River NJ 08755
Principal officer (990 for 2024)
MICHAEL MCNEIL, 14 CLIFTON AVE S, LAKEWOOD, NJ 08701
Principal officer (990-N for 2007)
Michael McNeil, 201 Lincoln St, Lakewood NJ 08701
Signed the 990
MICHAEL MCNEIL, DIRECTOR
Phone
(732) 367-1640
Return prepared by
PETRUCELLI PIOTROWSKI & CO INC

Mission

Provide homeless prevention through rental assitance and homeowner education services.

990 for the year ended December 31, 2024

Program accomplishments

  • Providing assitance to individuals to prevent homelessness.
    Expenses $1,139,116 · revenue $945,055

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-3401896
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
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$401,588
Income (IRS master file)
$945,055

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$945,055$1,145,074$401,588IRS
990December 2023$1,179,881$1,378,756$601,607XML
990December 2022$1,314,894$835,905$800,482IRS
990December 2021$429,642$503,520$321,493IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2007
Officer: Michael McNeil
December 31, 2007≤ $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 22-3401896).

Questions about SOLUTIONS TO END POVERTY SOON INC

What is the EIN of SOLUTIONS TO END POVERTY SOON INC?
The employer identification number (EIN) of SOLUTIONS TO END POVERTY SOON INC is 22-3401896.
Is SOLUTIONS TO END POVERTY SOON INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to SOLUTIONS TO END POVERTY SOON INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOLUTIONS TO END POVERTY SOON 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 SOLUTIONS TO END POVERTY SOON INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOLUTIONS TO END POVERTY SOON INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOLUTIONS TO END POVERTY SOON INC?
The 990 for the year ended December 31, 2024 names MICHAEL MCNEIL.
Who are the officers and directors of SOLUTIONS TO END POVERTY SOON INC?
The 990 for the year ended December 31, 2024 lists 9 people; 9 received compensation from the organization, the highest $94,150 (Michael McNeil, President).
How much revenue does SOLUTIONS TO END POVERTY SOON INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $945,055, expenses of $1,145,074 and total assets of $401,588 at year end.

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