Solace Friends Inc. Logo

MIP Score

49

Human Services
Hospice Care

Solace Friends Inc.

Mission

Solace Friends operates an Adult Family Home licensed by the state of Wisconsin to provide housing to a maximum of 4 residents at one time. We care for persons facing terminal illness and housing insecurity who come from living on the street, in shelters, or unstable housing situations. All residents have a life expectancy of 6 months or less and must be enrolled with a community hospice agency of their choice.

Basic Information

Tax-Exempt

Address

178 Talmadge St, Madison, Wisconsin, 53704

View all Madison charities

Founded in

2020

EIN

83-1754134

Total Assets

$704.5 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Compassionate Care

Compassionate Care

Providing a warm and comforting living space for terminally ill individuals facing homelessness.

Community Support

Community Support

Operating with the help of community donations to support our residents' needs.

Open to All

Open to All

Welcoming all residents regardless of their ability to pay.

Volunteer Opportunities

Volunteering at Solace Friends

Volunteering at Solace Friends

Join us in providing support to terminally ill individuals in a compassionate environment.

Learn More

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

49

30

/100

Program Expense Ratio

34.58%

2

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.5388

8

/20

Working Capital Ratio

3.375

16

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants231.5K100.00%
Program Services00.00%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue231.5K100.00%