SONSET SOLUTIONS INC (EIN 464043025) - 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

2013

Legal Domicile

Principal Officer

DAIVD RUSSELL

Phone

5749704252

Tax Period

2020-01-01 to 2020-12-31

SONSET SOLUTIONS INC, founded in 2013, is a community nonprofit in the Religion sector that reported $2.2M in total revenue in fiscal year 2020. The organization ran a surplus of $362K, a strong 16% operating margin.

Mission

PROVIDING TECHNICAL EQUIPMENT AND RESOURCES, INCLUDING RADIO EQUIPMENT TO VARIOUS CHRISTIAN MISSIONARY ORGANIZATIONS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $2,186,566

Program Service Revenue $0

Investment Income $37,742

Other Revenue $9,784

TOTAL REVENUE $2,234,092

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,547,092

Fundraising Expenses $54,282

Program Expenses $1,554,514

Other Expenses $324,918

TOTAL EXPENSES $1,872,010

Year-over-Year Comparison

	2020	2019	Change
Revenue	$2,234,092	$2,251,347	0.0%
Expenses	$1,872,010	$1,691,503	+0.1%
Net Income	$362,082	$559,844	-0.4%

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

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

$248,982

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID WHITE	BOARD TREASU	2.00	Officer	$0	$0	$0
MARIAN DOUCE	BOARD SECRET	2.00	Officer	$0	$0	$0
PAUL DUCKWORTH	BOARD CHAIRM	2.00	Officer	$0	$0	$0
GARY HABEGGER	BOARD VICE C	2.00	Officer	$0	$0	$0
JACK HILER	BOARD MEMBER	2.00	Director	$0	$0	$0
RAY LABORDE	BOARD MEMBER	2.00	Director	$0	$0	$0
TIM STEPHENS	BOARD MEMBER	2.00	Director	$0	$0	$0
DAIVD RUSSELL	PRESIDENT AN	40.00	Officer	$95,756	$0	$95,756
JONATHAN FIET	CHIEF FIN. O	40.00	Officer	$86,316	$0	$86,316
CURTLIN BENDER	V.P OPERATIO	40.00	Officer	$66,910	$0	$66,910
SHERI CAMPEAU	BOARD MEMBER	2.00	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
2020	$2,234,092	$1,872,010	$3,460,253	$362,082
2019	$2,251,347	$1,691,503	$3,085,364	$559,844
2018	$1,874,372	$1,622,622	$2,504,798	$251,750

SONSET SOLUTIONS INC