The Solomon Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 352740017 ✦ Beverly, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Solomon Fund?

The Solomon Fund is a benevolent organization, established as a public foundation, stationed in Beverly, Massachusetts. Their primary activity involves hosting captivating car shows for charitable causes. They also play a crucial role in distributing financial aid to various local charities, thereby extending their support to the community. The Solomon Fund's mission aligns with promoting philanthropy and community development through these events and donations.

Is The Solomon Fund legitimate?

The Solomon Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Solomon Fund submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of The Solomon Fund?

The Solomon Fund, functioning as a public foundation, focuses on organizing car shows to raise funds for various charitable causes. Its primary mission is to distribute these funds to local charities, aiming to support and uplift communities in need. The organization is committed to serving its community through these events and charitable contributions.

Who is the CEO of The Solomon Fund?

Bradley W Small is the President of The Solomon Fund.

What is the revenue of The Solomon Fund?

The Solomon Fund's revenue in 2022 was $1,430.

Who are the executives of The Solomon Fund and what are their salaries?


There is 1 key member and their salary:


Bradley W Small (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Solomon Fund?

The Solomon Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The Solomon Fund

The Solomon Fund, functioning as a public foundation, is committed to hosting car shows for the benefit of various charities. This organization, with an unknown geographical location, utilizes these events as a platform to raise funds that are subsequently distributed to local charities. The Solomon Fund's mission is centered around supporting these charitable organizations, contributing to their causes in a unique and engaging way through car shows. By doing so, it aims to make a positive impact in its community, without providing specific details about its location.

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Impact




October, 2024

The Solomon Fund significantly impacts the local community by hosting car shows that not only celebrate automotive culture but also benefit various charities. Through these events, the Fund raises and distributes essential financial support to local organizations, thereby addressing critical needs within the community. By engaging enthusiasts and fostering a sense of camaraderie, The Solomon Fund not only promotes recreation but also enhances the charity landscape in Beverly, MA. This dual focus creates a ripple effect of positivity, strengthening the connections among community members while providing vital resources to those in need.




This information is meant to be a general summary of The Solomon Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,430 (2022)
Expenses
$1,500 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,430

Assets and Liabilities:

  • Total Assets: $930
  • Total Liabilities: $1,000
  • Net Assets: -$70

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Organization Details

Principal Officer

Bradley W Small

Main Address

16 CONGRESS STREET, BEVERLY, MA, 01915

NTEE Category

Code: N12 - Recreation

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