Sanctuary of Praise & Worship Ministries Inc

EIN: 465614813 501(c)(3)

Miramar, FL

Total Revenue
$525,075
Total Expenses
$358,740
Total Assets
$391,347
Net Assets
$391,347
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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
2014
Legal Domicile
FL
Principal Officer
ADOLPH G LESLIE
Phone
7865102357
Tax Period
2020-01-01 to 2020-12-31

Sanctuary of Praise & Worship Ministries Inc, founded in 2014, is a small nonprofit that reported $525K in total revenue in fiscal year 2020. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $166K, a strong 32% operating margin.

Mission

Spreading the Gospel of Jesus Christ

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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 (2020)

Revenue Breakdown

Contributions & Grants $525,075
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $525,075

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,170
Fundraising Expenses $0
Program Expenses $274,160
Other Expenses $303,570
TOTAL EXPENSES $358,740

Year-over-Year Comparison

2020 2019 Change
Revenue $525,075 $421,135 +0.2%
Expenses $358,740 $296,823 +0.2%
Net Income $166,335 $124,312 +0.3%
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
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADOLPH G LESLIE President 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 No data No data No data No data
2020 $525,075 $358,740 $391,347 $166,335
2018 $352,412 $293,506 $54,726 $58,906
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