WORKING FAITH MINISTRIES OF SOUTH FLORIDA INC

EIN: 264388713 501(c)(3) Religion

COOPER CITY, FL

Total Revenue
$81,033
Total Expenses
$56,647
Total Assets
$1,217,727
Net Assets
$1,217,727
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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
2009
Legal Domicile
FL
Principal Officer
OKEY NICHOLS
Phone
9549611040
Tax Period
2025-01-01 to 2025-12-31

WORKING FAITH MINISTRIES OF SOUTH FLORIDA INC, founded in 2009, is a micro nonprofit in the Religion sector that reported $81K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $24K, a strong 30% operating margin.

Mission

PROVIDE RELIGIOUS STUDY AND WORSHIP.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $75,661
Program Service Revenue $0
Investment Income $5,372
Other Revenue $0
TOTAL REVENUE $81,033

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,647
Other Expenses $56,647
TOTAL EXPENSES $56,647

Year-over-Year Comparison

2025 2024 Change
Revenue $81,033 $71,584 +0.1%
Expenses $56,647 $66,376 -0.1%
Net Income $24,386 $5,208 +3.7%
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

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARJORIE NICHOLS DIRECTOR N/A
Director
$0 $0 $0
OKEY NICHOLS DIRECTOR N/A
Director
$0 $0 $0
TIMOTHY NICHOLS DIRECTOR N/A
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
2025 $81,033 $56,647 $1,217,727 $24,386
2024 $71,584 $66,376 $1,193,341 $5,208
2023 $66,356 $58,284 $1,188,133 $8,072
2022 $77,977 $70,401 $1,180,061 $7,576
2021 $112,971 $74,188 $1,172,485 $38,783
2020 $135,311 $119,727 $1,133,702 $15,584
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