Sherry White Ministries Inc (EIN 204076755) - 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

2005

Legal Domicile

Principal Officer

Sherry White

Phone

8637730523

Tax Period

2024-01-01 to 2024-12-31

Sherry White Ministries Inc, founded in 2005, is a small nonprofit in the Religion sector that reported $296K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $272K left a modest 8% surplus.

Mission

Sherry White Ministries Inc is a religious organization that has been established to teach the Bible,establish churches,schools and other related spiritual & religious organizations, to ordain & authorized ministries, disciples and teachers spreading the good news of Jesus Christ

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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 $272,649

Program Service Revenue $23,429

Investment Income $2

Other Revenue $0

TOTAL REVENUE $296,080

Expense Breakdown

Grants Paid $107,176

Salaries & Benefits $79,414

Fundraising Expenses $76,991

Program Expenses $107,176

Other Expenses $85,846

TOTAL EXPENSES $272,436

Year-over-Year Comparison

	2024	2023	Change
Revenue	$296,080	$261,571	+0.1%
Expenses	$272,436	$270,026	+0.0%
Net Income	$23,644	$-8,455	-3.8%

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
John M White	Director	10.00	Director	$0	$0	$0
Montry Thompson	SectDirector	10.00	Director	$0	$0	$0
Candace Preston	Director	5.00	Director	$0	$0	$0
Terry Cherry	Director	5.00	Director	$0	$0	$0
Deborah Sosa	Director	5.00	Director	$0	$0	$0
Sherry White	President Director	25.00	Officer	$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	$296,080	$272,436	$218,748	$23,644
2023	$269,295	$264,932	$224,764	$4,363
2022	$177,828	$189,495	$227,961	$-11,667
2021	$166,675	$126,865	$261,590	$39,810
2020	$164,181	$159,169	$240,906	$5,012
2019	$284,171	$238,988	$240,978	$45,183

Sherry White Ministries Inc