SOLOMON INSTITUTE INC Charity Report

Public IRS 990 nonprofit record

SOLOMON INSTITUTE INC

EIN 88-2748300 · Leadership Development (W70)

What they do

to Cultivate Future Leaders Who Have A Strong Ethical Identity and Moral Compass and Want to Give Back to Their Communities. Solomons Unique Formula Gives Participants A Broad Perspective On Leadership, Success, and The Underpinning Character and Skills Needed for Effective Leadership. This Enables Participants to Envision Themselves As Strong Leaders of The Future, Giving Them The Drive to Aggressively Pursue Their Goals and Have Greater Influence As Leaders.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.19%of revenue went to mission work85.3% of expenses · Program services

1.34%of revenue went to fundraising1.5% of expenses

$89.29spent for every $100 of revenueRevenue covered expenses this year.

11.77%of revenue went to management and office costs13.2% of expenses

$0.12in assets for every $1 spent this yearSome assets cannot be spent right away.

74.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $100,000 for BROOKIE MILECKI (CHAPTER LIASON). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$724,215

Mission workProgram services$551,75076.19% of revenue85.3% of expenses

ManagementOffice and general costs$85,23411.77% of revenue13.2% of expenses

FundraisingAsking for donations$9,7001.34% of revenue1.5% of expenses

Revenue left after expensesReported annual surplus$77,53110.71% of revenueShown in gray on the chart

Total expenses$646,68489.29% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.3% mission · 13.2% management · 1.5% fundraisingTotal expenses: 89.29% of revenue

2023Expense mix: 79.6% mission · 13.7% management · 6.7% fundraisingTotal expenses: 105.37% of revenue

2022Expense mix: 71.2% mission · 16.1% management · 12.6% fundraisingTotal expenses: 91.08% of revenue

Money in and money out

Revenue$724,215

Expenses$646,684

Annual surplus $77,531 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$551,750 · 85.3% of expenses

Management and office costs$85,234 · 13.2% of expenses

Fundraising$9,700 · 1.5% of expenses

See all reported dollar amounts

Revenue$724,215

Expenses$646,684

Assets$79,716

Income$724,215

Contributions$538,791

Mission work (program services)$551,750

Fundraising$9,700

Management and general$85,234

Accounting fees$11,226

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BROOKIE MILECKICHAPTER LIASON · 40 hrs/week $100,000

MIRIAM PINSKYEDUCATION DIRECTOR · 40 hrs/week $80,000

CHANA BARTDIRECTOR OF OPERATIONS · 40 hrs/week $64,933

SARAH DWORCANCEO · 30 hrs/week $51,667

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

BROOKIE MILECKICHAPTER LIASON

MIRIAM PINSKYEDUCATION DIRECTOR

CHANA BARTDIRECTOR OF OPERATIONS

SARAH DWORCANCEO

MOSHE SCHEINERSPIRITUAL DIRECTOR

VAHAN GUREGHIANDIRECTOR

TODD MICHAEL GLASERDIRECTOR

THOMAS LYNCHDIRECTOR

THOMAS IOVINODIRECTOR

STEPHEN CANTONDIRECTOR

ROBERT POSNERDIRECTOR

PAUL KOZLOFFDIRECTOR

MORDECHAI TOUGERDIRECTOR

LESTER WOERNERDIRECTOR

LAWRENCE SOSNOWDIRECTOR

DEBRA A SCHWINNDIRECTOR

BOB GLASSDIRECTOR

About this charity

Recognized since: January 2022
Location: 120 North County Road, Palm Beach, FL 33480
County: Palm Beach
In care of: Sarah Dworcan
Primary officer: Sarah Dworcan, DP

How to reach them

WebsiteVisit the charity’s website Phone(561) 831-5529

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: SCHOCHET ACCOUNTING LLC
NTEE classification: Leadership Development (W70)
IRS tax category: Leadership Development