THE SOLA FOUNDATION IS BUILT ON A SIMPLE PREMISE: IF YOU CAN SEE IT, YOU CAN BE IT. SOLA WORKS TO END INTERGENERATIONAL POVERTY IN SOUTH LOS ANGELES THROUGH COMMUNITY DEVELOPMENT AND CREATING NEW ACCESS TO ECONOMIC AND EDUCATIONAL OPPORTUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.7M
-5.7% YoY
Revenue
$3.5M
-51.7% YoY
Net Investment Income
$7K
Expenses
$4.2M
+54.1% YoY
About The Sola Foundation
Based on IRS filings
The Sola Foundation is a nonprofit organization focused on Youth Development, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. Net investment income was $7K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,686,002 | $8,152,829 | $2,236,696 |
| Revenue | $3,468,054 | $7,185,507 | $2,316,542 |
| Expenses | $4,232,110 | $2,746,742 | $2,102,291 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,965 | — | $2,547 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL ROSOVE | BOARD MEMBER | 40 | $131,010 |
| DAN STILLWELL | TREASURER/CONTROLLER | 16 | $49,251 |
| SHERRI FRANCOIS | PRESIDENT/EXEC. DIR. | 37 | $276,500 |
| SHIRLEY MONTALVO | BOARD SECRETARY | 1 | — |
| JAMES FAUNTELROY | BOARD MEMBER | 1 | — |
| MELISSA ZAWACKI | BOARD MEMBER | 1 | — |
| JADE IOVINE | BOARD MEMBER | 1 | — |
| KRISTEN JEFFERS | BOARD MEMBER | 1 | — |
| RAHSHIENE TAHA | BOARD MEMBER | 1 | — |
| KIANNA SCOTT | BOARD MEMBER | 1 | — |
| LAURA DOXEY | DIR. OF TECH OPS | 40 | $128,505 |
| TRACY LIU | VP SOCIAL IMPACT | 40 | $115,297 |
| NUNA ATADIA | DIR. OF TECH EFF. | 40 | $107,850 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Sola Foundation?
The Sola Foundation is a nonprofit organization focused on Youth Development, based in LOS ANGELES, CA. It holds $7.7M in total assets as of 2024.
How large is The Sola Foundation?
As of 2024, The Sola Foundation holds $7.7M in total assets with $3.5M in annual revenue.
Where does The Sola Foundation operate?
The Sola Foundation has awarded grants in California.
What is The Sola Foundation's EIN?
The Sola Foundation's EIN (Employer Identification Number) is 82-4698211. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Sola Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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