Sisterhood For Good Inc

EIN: 832044782 501(c)(3) Human Services

Lakewood Ranch, FL

Total Revenue
$142,781
Total Expenses
$124,718
Total Assets
$181,364
Net Assets
$178,958
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
Angela Massaro-Fain
Phone
9417307900
Tax Period
2023-01-01 to 2023-12-31

Sisterhood For Good Inc, founded in 2018, is a small nonprofit in the Human Services sector that reported $143K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $125K left a modest 13% surplus.

Mission

Sisterhood for Good Inc is organized as a woman-only giving circle whose focus is on women and childrens issues, animal welfare, arts and education, health and safety, and hunger and homelessness by raising funds through membership dues and special events.

Program Service Accomplishments

Program 1

The annual program is funded by monies generated from the organizations all volunteer member dues and net proceeds from various events held each fiscal year. Expenses derive from the combined cost of...

Read more

The annual program is funded by monies generated from the organizations all volunteer member dues and net proceeds from various events held each fiscal year. Expenses derive from the combined cost of food, decor and minimal advertising of the event. The organiation is adept at requesting the underwriting of most of the expenses in order to keep costs to a minimum.

Program 2
Expenses: $63,327 Revenue: $99,380

The Gatsby event was the largest fundraiser the organization has held to date in 2023. Expenses derived from the combined cost of the Emcee, DJ, entertainment, decor and minimal advertising of the...

Read more

The Gatsby event was the largest fundraiser the organization has held to date in 2023. Expenses derived from the combined cost of the Emcee, DJ, entertainment, decor and minimal advertising of the event. The net proceeds was combined with member dues and other fundraising event proceeds to fund the Annual Grants program.

Program 3
Expenses: $26,840 Revenue: $57,923

Designer Bag Bingo is a signature fundraiser for the organization. Expenses derive from the combined cost of food, decor, supplies and minimal advertising. The net proceeds was combined with member...

Read more

Designer Bag Bingo is a signature fundraiser for the organization. Expenses derive from the combined cost of food, decor, supplies and minimal advertising. The net proceeds was combined with member dues and other fundraising event proceeds to fund the annual grants program.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $40,110
Program Service Revenue $0
Investment Income $2,633
Other Revenue $100,038
TOTAL REVENUE $142,781

Expense Breakdown

Grants Paid $110,850
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,167
Other Expenses $13,868
TOTAL EXPENSES $124,718

Year-over-Year Comparison

2023 2022 Change
Revenue $142,781 $160,204 -0.1%
Expenses $124,718 $87,275 +0.4%
Net Income $18,063 $72,929 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
154
Independent Members
154
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angela Massaro-Fain President 020.00
Officer
$0 $0 $0
Maria MacDonald Vice President 002.00
Officer
$0 $0 $0
Pamela Modisett Treasurer 002.00
Officer
$0 $0 $0
June Braithwaite Secretary 002.00
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
2024 No data No data No data No data
2023 $142,781 $124,718 $181,364 $18,063
2022 $160,204 $87,275 $164,546 $72,929
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Sisterhood For Good Inc with other nonprofits in Florida and across the country.