Soaring Wings Ministries

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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

2012

Legal Domicile

Tax Period

2021-01-01 to 2021-12-31

Soaring Wings Ministries, founded in 2012, is a small nonprofit in the Human Services sector that reported $177K in total revenue in fiscal year 2021. The organization ran a surplus of $124K, a strong 70% operating margin.

Mission

Soaring Wings Ministries is a nonprofit ministry that exists to create wholeness and an empowered future for homeless and hurting young adults through the love of Jesus.

Program Service Accomplishments

Program 1

Expenses: $52,555 Revenue: $6,046

In 2021, Soaring Wings Ministries continued its outreach to the homeless by providing blessing bags tothe homeless that had items such as hygiene products, socks, water, nonperishable food items...

In 2021, Soaring Wings Ministries continued its outreach to the homeless by providing blessing bags tothe homeless that had items such as hygiene products, socks, water, nonperishable food items, Bibles, and other items. Soaring Wings Ministries passed out over 800 blessing bags to those in need in 2021. Soaring Wings Ministries aslo provided gas for people who needed it for ther cars, hotels for a night, and served with other nonprofits working towards encouraging homeless individuals to have an empowered future.

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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 $6,046

Program Service Revenue $0

Investment Income $170,609

Other Revenue $0

TOTAL REVENUE $176,655

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,538

Fundraising Expenses $0

Program Expenses $52,555

Other Expenses $15,017

TOTAL EXPENSES $52,555

Year-over-Year Comparison

	2021	2020	Change
Revenue	$176,655	N/A	N/A
Expenses	$52,555	N/A	N/A
Net Income	$124,100	N/A	N/A

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

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

$34,333

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Meredith Peters	Director	10.00	Officer	$34,333	$0	$34,333
Anita Rennells	Secretary	3.00	Officer	$0	$0	$0
Ashleigh French	Treasurer	3.00	Officer	$0	$0	$0
Jenn DeLorm	President	5.00	Officer	$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	$176,655	$52,555	$368,312	$124,100