Serving Orphans Worldwide Inc (EIN 043614613) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

Chad Sorrell

Phone

8665805700

Tax Period

2024-01-01 to 2024-12-31

Serving Orphans Worldwide Inc, founded in 2001, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $3.9M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $4.4M exceeded revenue, resulting in a 13% operating deficit.

Mission

Serving Orphans Worldwide betters the lives of orphans by rescuing struggling orphanages, training them to provide quality care, and enabling them to pursue sustainability.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,839,034

Program Service Revenue $0

Investment Income $36,992

Other Revenue $328

TOTAL REVENUE $3,876,354

Expense Breakdown

Grants Paid $0

Salaries & Benefits $399,842

Fundraising Expenses $41,364

Program Expenses $3,834,614

Other Expenses $3,968,887

TOTAL EXPENSES $4,368,729

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,876,354	$4,681,011	-0.2%
Expenses	$4,368,729	$4,343,920	+0.0%
Net Income	$-492,375	$337,091	-2.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Billy Kim	Board Member	2.00	Director	$0	$0	$0
Dr John Gregory	Chairman Emeritus	2.00	Director	$0	$0	$0
Susan Sorrell	Board Member	2.00	Director	$0	$0	$0
Rocky Gill	Board Member	2.00	Director	$0	$0	$0
Glen Wilcox	Board Member	2.00	Director	$0	$0	$0
Chris Hill	Board Member	2.00	Director	$0	$0	$0
Timothy Burchfield	Board Member	2.00	Director	$0	$0	$0
Mark Eubanks	Board Member	2.00	Director	$0	$0	$0
Sandy Forbis	Board Member	2.00	Director	$0	$0	$0
Mike Forbis	Board Member	2.00	Director	$0	$0	$0
Erica Enders-Stevens	Board Member	2.00	Director	$0	$0	$0
Troy Mizell	Board Member	2.00	Director	$0	$0	$0
Julie Martinez	Board Member	2.00	Director	$0	$0	$0
Mastin Robeson	Board Member	2.00	Director	$0	$0	$0
Shibu Samuel	Board Member	2.00	Director	$0	$0	$0
Richard Baker	Board Member	2.00	Director	$0	$0	$0
Britt Stone	Board Member	2.00	Director	$0	$0	$0
David Wilcox	Board Member	2.00	Director	$0	$0	$0
Doug Leroy	Secretary	2.00	Officer Director	$0	$0	$0
Chad Sorrell	Chairman	2.00	Officer Director	$0	$0	$0
Jeremy Reis	President	0.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$3,876,354	$4,368,729	$1,574,486	$-492,375
2023	$4,681,011	$4,343,920	$2,062,387	$337,091
2022	$5,042,444	$4,272,023	$1,724,927	$770,421
2021	$2,923,853	$2,694,144	$957,366	$229,709
2020	$2,352,667	$2,117,433	$725,377	$235,234
2019	$2,026,489	$2,144,451	$503,200	$-117,962
2018	$2,229,306	$2,111,331	$618,739	$117,975

Serving Orphans Worldwide Inc