Rose of Sharon Faith Ministries (EIN 204723359) - 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

2007

Legal Domicile

Principal Officer

WILLIE JOE FRINK III

Phone

7023548700

Tax Period

2021-01-01 to 2021-12-31

Rose of Sharon Faith Ministries, founded in 2007, is a small nonprofit in the Religion sector that reported $937K in total revenue in fiscal year 2021. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $285K, a strong 30% operating margin.

Mission

Rose of Sharon Faith Ministries is a customer service-focused provider of senior living facilities and healthcare. supplying assisted living facility to the seniors and people living with disabilities.

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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 (2021)

Revenue Breakdown

Contributions & Grants $771,939

Program Service Revenue $0

Investment Income $0

Other Revenue $164,725

TOTAL REVENUE $936,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $580,800

Fundraising Expenses $0

Program Expenses $660,235

Other Expenses $71,258

TOTAL EXPENSES $652,058

Year-over-Year Comparison

	2021	2020	Change
Revenue	$936,664	$1,057,666	-0.1%
Expenses	$652,058	$764,496	-0.1%
Net Income	$284,606	$293,170	0.0%

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

$7,800

Total Directors

Key Employees

$48,400

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL ALVES	Admin Officer	40.00	Key Emp	$0	$0	$4,800
DAVID CARTWRIGHT	Admin Officer	40.00	Key Emp	$0	$0	$5,500
CARL SABATINO	Strategic Officer	40.00	Key Emp	$0	$0	$5,600
WILLIE FRINK III	PRESIDENT / CEO	40.00	Officer Key Emp	$0	$0	$7,800
LAURA LOPEZ	Strategic Officer	40.00	Key Emp	$0	$0	$6,800
GORDON GOETSCH	Account Officer	40.00	Key Emp	$0	$0	$6,600
TIFFANY SHURTZ	Admin Officer	40.00	Key Emp	$0	$0	$6,800
GREGORY TRAPANI	Admin Officer	40.00	Key Emp	$0	$0	$4,500

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
2021	$936,664	$652,058	$1,000	$284,606
2021	$743,009	$660,235	$82,774	$82,774
2020	$1,070,215	$764,496	$305,719	$305,719
2020	$1,057,666	$764,496	$1,000	$293,170

Rose of Sharon Faith Ministries