The Sovereign Wings Of Hope Minist… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

Daniel Situka

Phone

7135754367

Tax Period

2024-01-01 to 2024-12-31

The Sovereign Wings Of Hope Ministries Inc, founded in 1997, is a micro nonprofit in the Human Services sector that reported $83K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 19% operating margin.

Mission

SWOH, Sovereign Wings of Hope is an organization founded by Christian hospice professionals who desire to utilize their talents, skills, gifts and resources to minister.

Program Service Accomplishments

Program 1

Sovereign Wings of Hope (SWOH) is an organization founded by Christian hospice professional who disires to utilize the talents, skills, gifts and resourses to minister.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $83,411

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $83,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $67,957

TOTAL EXPENSES $67,957

Year-over-Year Comparison

	2024	2023	Change
Revenue	$83,414	$115,318	-0.3%
Expenses	$67,957	$95,138	-0.3%
Net Income	$15,457	$20,180	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL SITUKA	President	40.00	Officer Director	$0	$0	$0
KATHERINE FARMER	BOD	35.00	Director	$0	$0	$0
NICOLE COLEMAN	Board Member	20.00	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	$83,414	$67,957	$29,759	$15,457
2023	$115,318	$95,138	$38,477	$20,180

The Sovereign Wings Of Hope Ministries Inc