Soul Choice Ministries Inc (EIN 201961412) - 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

2014

Legal Domicile

Principal Officer

Annette Wiese

Phone

7145401414

Tax Period

2024-01-01 to 2024-12-31

Soul Choice Ministries Inc, founded in 2014, is a small nonprofit that reported $181K in total revenue in fiscal year 2024.

Mission

To spread the Gospel of Jesus Christ, our Lord and Savior through teaching, speaking about his true life experience using audio, video, publications or any other means possible.

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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 $136,455

Program Service Revenue $36,385

Investment Income $7,673

Other Revenue $0

TOTAL REVENUE $180,513

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,863

Fundraising Expenses $0

Program Expenses $180,370

Other Expenses $69,853

TOTAL EXPENSES $187,716

Year-over-Year Comparison

	2024	2023	Change
Revenue	$180,513	$184,047	0.0%
Expenses	$187,716	$188,944	0.0%
Net Income	$-7,203	$-4,897	+0.5%

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

$102,050

Total Directors

$102,050

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Wiese	President	20.00	Officer Director	$77,000	$25,050	$102,050
Annette Wiese	Secretary/Treasurer	20.00	Officer Director	$0	$0	$0
Michael Paquette	Director	2.00	Director	$0	$0	$0
Mark Aitkenhead	Director	2.00	Director	$0	$0	$0
Steven Brooks	Director	2.00	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	$180,513	$187,716	$165,565	$-7,203
2023	$184,047	$188,944	$176,963	$-4,897

Soul Choice Ministries Inc