NEW CANEY, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
Open to the public for emergency aide to churches and missions in the form of monies for building materials, vehicles, gospel literature, supplies, any other material, supplies and or travel expenses...
Open to the public for emergency aide to churches and missions in the form of monies for building materials, vehicles, gospel literature, supplies, any other material, supplies and or travel expenses needed for the furtherance of the gospel in foreign countries who comply with and agree with our mission statement. Provided building and bibles and supplies for pastors school for teachers and preachers transportation, speaking engagement expenses and special missionary trips.
provided airfare to foreign missionaries and travel expenses for bible conferences in neighboring states as they carried the gospel message abroad covid 19 mandate supplies and relief
Expense for request from foreign country verification of notary seal with state apostille, ministries via media.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JONATHAN PLEDGER | PRESIDENT | 1 |
Officer
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$0 | $0 | $0 |
| DESTA RICHARDS | TREASURER | 3 |
Officer
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$0 | $0 | $0 |
| LESIA GROOVER | SECRETARY | 3 |
Officer
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$0 | $0 | $0 |
| 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 |
Compare SOVEREIGN GRACE FOREIGN MISSION with other nonprofits in Texas and across the country.