STARTING OVER FOR SUCCESS (SOS)

EIN: 320226697 501(c)(3) Community Improvement

HASTINGS, MI

Total Revenue
$471,076
Total Expenses
$406,412
Total Assets
$356,555
Net Assets
$286,342
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MI
Principal Officer
JOYCE SNOW
Phone
2699081091
Tax Period
2024-01-01 to 2024-12-31

STARTING OVER FOR SUCCESS (SOS), founded in 2007, is a small nonprofit in the Community Improvement sector that reported $471K in total revenue in fiscal year 2024. Expenses of $406K left a modest 14% surplus.

Mission

REHABILITATION OF FORMER INCARCERATED PERSONS THROUGH JOB PLACEMENT IN THE LOCAL COMMUNITY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,305
Program Service Revenue $460,878
Investment Income $7,143
Other Revenue $750
TOTAL REVENUE $471,076

Expense Breakdown

Grants Paid $0
Salaries & Benefits $226,193
Fundraising Expenses $0
Program Expenses $406,412
Other Expenses $180,219
TOTAL EXPENSES $406,412

Year-over-Year Comparison

2024 2023 Change
Revenue $471,076 $451,727 +0.0%
Expenses $406,412 $400,687 +0.0%
Net Income $64,664 $51,040 +0.3%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
44
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS BONA CHAIRMAN N/A
Officer
$0 $0 $0
JOYCE SNOW OPERATIONS D N/A
Officer
$0 $0 $0
JOSEPH MILLS SECRETARY N/A
Officer
$0 $0 $0
KAREN FERRIER TREASURER N/A
Officer
$0 $0 $0
JEFF WESTRA DIRECTOR N/A
Director
$0 $0 $0
RON HEILMAN DIRECTOR N/A
Director
$0 $0 $0
ELIZABETH FORBES DIRECTOR N/A
Director
$0 $0 $0
ANGELA FELDT DIRECTOR N/A
Director
$0 $0 $0
CONNIE WOOER DIRECTOR N/A
Director
$0 $0 $0
SCOT MILLER 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
2024 $471,076 $406,412 $356,555 $64,664
2023 $451,727 $400,687 $260,096 $51,040
2022 $663,089 $583,142 $222,447 $79,947
2021 $467,992 $492,765 $55,010 $-24,773
2020 $346,115 $363,683 $77,059 $-17,568
2019 $392,697 $356,606 $96,569 $36,091
2018 $274,103 $255,999 $65,139 $18,104
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare STARTING OVER FOR SUCCESS (SOS) with other nonprofits in Michigan and across the country.