SHARING HOPE MINISTRIES INC (EIN 208814477) - 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

WILLIAM TONER

Phone

5706600380

Tax Period

2023-01-01 to 2023-12-31

SHARING HOPE MINISTRIES INC, founded in 2007, is a micro nonprofit in the Human Services sector that reported $77K in total revenue in fiscal year 2023. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $112K exceeded revenue, resulting in a 46% operating deficit.

Mission

SHARING HOPE MINISTRIES, INC. IS AN ORGANIZATION DEDICATED TO WORKING AMONG PEOPLE WHOSE LIVES HAVE BEEN AFFECTED BY NATURAL DISASTER, POVERTY, DISEASE AND FAMINE. THE ORGANIZATION RESPONDS TO NATURAL DISASTERS BY SENDING VOLUNTEER WORK CREWS TO REBUILD HOMES, HOPE AND LIVES. SHARING HOPE SERVES AS A CHANNEL FOR CHURCHES, COMMUNITY GROUPS AND MISSION GROUPS IN THEIR EFFORTS TO PROVIDE FOOD, HEALTH CARE, EDUCATION AND SHELTER TO AFFECTED COMMUNITIES. SHARING HOPE MINISTRIES, INC. PROVIDES VOLUNTEER GROUPS TO COMMUNITIES IN CRISIS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $76,904

Program Service Revenue $0

Investment Income $5

Other Revenue $0

TOTAL REVENUE $76,909

Expense Breakdown

Grants Paid $21,411

Salaries & Benefits $56,419

Fundraising Expenses $6,652

Program Expenses $74,222

Other Expenses $34,625

TOTAL EXPENSES $112,455

Year-over-Year Comparison

	2023	2022	Change
Revenue	$76,909	$302,428	-0.7%
Expenses	$112,455	$340,708	-0.7%
Net Income	$-35,546	$-38,280	-0.1%

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
CINDY TONER	SECRETARY /T	20.00	Officer Director	$0	$0	$0
WILLIAM TONER	PRESIDENT	40.00	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	No data	No data	No data	No data
2023	$76,909	$112,455	$154,185	$-35,546
2022	$302,428	$340,708	$193,981	$-38,280
2021	$292,666	$333,756	$237,013	$-41,090
2020	$311,542	$166,170	$289,803	$145,372
2019	$240,475	$265,110	$148,015	$-24,635
2018	$224,227	$348,319	$178,012	$-124,092

SHARING HOPE MINISTRIES INC