SOVEREIGN GRACE FOREIGN MISSION

EIN: 760500141 501(c)(3) Human Services

NEW CANEY, TX

Total Revenue
$23,012
Total Expenses
$34,843
Total Assets
$71,752
Net Assets
$71,752
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
TX
Principal Officer
Desta Richards
Phone
9364462276
Tax Period
2021-01-01 to 2021-12-31

SOVEREIGN GRACE FOREIGN MISSION, founded in 1996, is a micro nonprofit in the Human Services sector that reported $23K in total revenue in fiscal year 2021. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $35K exceeded revenue, resulting in a 51% operating deficit.

Mission

Provide emergency aide, bibles, school supplies to preachers school, transportation to teaching pastors as needed and any financial help should it arise for the furtherance of the gospel in foreign countries.

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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 (2021)

Revenue Breakdown

Contributions & Grants $23,012
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $23,012

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $34,843
Other Expenses $34,843
TOTAL EXPENSES $34,843

Year-over-Year Comparison

2021 2020 Change
Revenue $23,012 $16,950 +0.4%
Expenses $34,843 $23,146 +0.5%
Net Income $-11,831 $-6,196 +0.9%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN PLEDGER PRESIDENT 1
Officer
$0 $0 $0
DESTA RICHARDS TREASURER 3
Officer
$0 $0 $0
LESIA GROOVER SECRETARY 3
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 $23,012 $34,843 $71,752 $-11,831
2020 $16,950 $23,146 $83,583 $-6,196
2019 $43,550 $24,071 $89,779 $19,479
2018 $38,866 $22,281 $70,300 $16,585
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