TONAWANDA, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SONRAYS MINISTRIES INC, founded in 1991, is a small nonprofit in the Human Services sector that reported $300K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $340K exceeded revenue, resulting in a 13% operating deficit.
THE ORGANIZATION IS A VOLUNTEER ORGANIZATION WHICH PROMOTES THE BETTERMENT OF MANKIND THROUGH THE ESTABLISHMENT OF A CENTER FOR VOLUNTARY SOCIAL SERVICE AND RELIGIOUS TEACHING.
DURING THIS FISCAL YEAR, THE ORGANIZATION PURSUED ITS PRIMARY MISSION VISION TO BE A VOLUNTEER ORGANIZATION OF PEOPLE CONCERNED WITH THE WELFARE OF OTHERS NEEDS BY PROVIDING LAITY MINISTRY SERVICES...
DURING THIS FISCAL YEAR, THE ORGANIZATION PURSUED ITS PRIMARY MISSION VISION TO BE A VOLUNTEER ORGANIZATION OF PEOPLE CONCERNED WITH THE WELFARE OF OTHERS NEEDS BY PROVIDING LAITY MINISTRY SERVICES FOR THOSE IN NEED, WITH THE EMPHASIS ON WOMEN IN CRISIS PREGNANCIES AND ALSO BY TEACHING AND STUDYING THE GOSPEL OF JESUS CHRIST, AND PROMOTING CHRISTS MESSAGE THROUGH VARIOUS SOCIAL AND RELIGIOUS STUDY, AND MISSIONARY AND BENEVOLENT WORKS THROUGH ALL TYPES OF MEDIA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $299,830 | $478,210 | -0.4% |
| Expenses | $339,653 | $276,549 | +0.2% |
| Net Income | $-39,823 | $201,661 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHERI HENRY | CHAIRMAN | 50.00 |
Officer
Director
|
$62,511 | $0 | $62,511 |
| TRACY WING | SECRETARY | 2.00 |
Officer
Director
|
$10,263 | $0 | $10,263 |
| JERRICA DELANEY | PRESIDENT AND EXECUTIVE DIREC | 0.00 |
Officer
|
$2,692 | $0 | $2,692 |
| MICHAEL DERRICK | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $299,830 | $339,653 | $711,471 | $-39,823 |
| 2023 | $478,210 | $276,549 | $751,423 | $201,661 |
| 2022 | $350,148 | $214,124 | $551,005 | $136,024 |
| 2021 | $345,711 | $196,831 | $415,519 | $148,880 |
| 2020 | $255,275 | $202,749 | $290,919 | $52,526 |
| 2019 | $209,444 | $190,550 | $212,371 | $18,894 |
Compare SONRAYS MINISTRIES INC with other nonprofits in New York and across the country.