SOWERS4PASTORS INC

EIN: 821025136 501(c)(3) Philanthropy & Grantmaking

New Smyrna Beach, FL

Total Revenue
$1,710,359
Total Expenses
$1,471,222
Total Assets
$1,098,929
Net Assets
$1,063,124
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
FL
Principal Officer
Janis Williams
Phone
4077015358
Tax Period
2023-01-01 to 2023-12-31

SOWERS4PASTORS INC, founded in 2017, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $1.5M left a modest 14% surplus.

Mission

Sowers4Pastors is a religious and humanitarian outreach ministry furthering the Gospel message while providing benevolent support and assistance to those in need primarily in western Honduras. Resources are provided to Honduran pastors and missionaries. Assistance includes Bible training, feeding centers, church construction projects, assistance in purchasing motorcycles for pastors, school construction projects, and collecting and distributing backpacks, school supplies, school shoes and other needs to assist children getting an education.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,696,671
Program Service Revenue $0
Investment Income $13,688
Other Revenue $0
TOTAL REVENUE $1,710,359

Expense Breakdown

Grants Paid $1,066,485
Salaries & Benefits $0
Fundraising Expenses $22,111
Program Expenses $1,433,937
Other Expenses $404,737
TOTAL EXPENSES $1,471,222

Year-over-Year Comparison

2023 2022 Change
Revenue $1,710,359 $2,207,798 -0.2%
Expenses $1,471,222 $1,859,391 -0.2%
Net Income $239,137 $348,407 -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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
1200

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
$33,611
Total Directors
8
$33,611
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Allen L Sowers President/CEO/Director 40
Officer Director
$33,611 $0 $33,611
James M Cofer Secretary 4
Officer Director
$0 $0 $0
Janis Williams Treasurer 6
Officer Director
$0 $0 $0
Monica Lederman Director 1
Director
$0 $0 $0
John Dreessen Director 1
Director
$0 $0 $0
Jeremiah Cordovano Director 1
Director
$0 $0 $0
Rachel M Sowers Director 46
Director
$0 $0 $0
Brandy J Reyes Perdomo Director 46
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
2023 $1,710,359 $1,471,222 $1,098,929 $239,137
2022 $2,207,798 $1,859,391 $838,834 $348,407
2021 $1,703,511 $1,604,635 $507,923 $98,876
2020 $1,706,870 $1,507,527 $385,009 $199,343
2019 $1,747,201 $1,604,573 $194,062 $142,628
2018 $622,529 $590,296 $46,230 $32,233
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