SONSHINE SOCIETY INC (EIN 237318073) - 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

1973

Legal Domicile

Principal Officer

DUANE OLBERG

Phone

4253534732

Tax Period

2021-01-01 to 2021-12-31

SONSHINE SOCIETY INC, founded in 1973, is a small nonprofit that reported $318K in total revenue in fiscal year 2021. Revenue surged 161% from the prior year, signaling strong growth momentum. Expenses of $421K exceeded revenue, resulting in a 32% operating deficit.

Mission

WE RECRUIT PEOPLE TO VOLUNTEER THEIR SERVICES IN THE NURSING HOMES AND TO VISIT WITH THE RESIDENTS. WE PROVIDE HELP, INSTRUCTION, AND RELIGIOUS SERVICES. WE PUBLISH AND DISTRIBUTE A PUBLICATION TO ASSIST AND ENCOURAGE THESE VOLUNTEERS AND RESIDENTS TO FORM A RELATIONSHIP WITH GOD.

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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 $47,507

Program Service Revenue $0

Investment Income $246,048

Other Revenue $24,530

TOTAL REVENUE $318,085

Expense Breakdown

Grants Paid $344,695

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $421,354

Other Expenses $76,659

TOTAL EXPENSES $421,354

Year-over-Year Comparison

	2021	2020	Change
Revenue	$318,085	$121,645	+1.6%
Expenses	$421,354	$172,486	+1.4%
Net Income	$-103,269	$-50,841	+1.0%

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

N/A

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
DUANE OLBERG	PRESIDENT	N/A	Officer Director	$0	$0	$0
SHARON HAAKENSON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
HIGHLAND GOODMAN	SECRETARY	N/A	Officer Director	$0	$0	$0
BILL MCCLAIN	TREASURER	N/A	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
2021	$318,085	$421,354	No data	$-103,269
2020	$121,645	$172,486	$137,799	$-50,841
2019	$212,282	$236,395	$154,110	$-24,113
2018	$245,252	$228,373	$178,224	$16,879

SONSHINE SOCIETY INC