SOLOMONS PORCH MINISTRIES

EIN: 845127380 501(c)(3) Religion

MCQUEENEY, TX

Total Revenue
$206,696
Total Expenses
$229,431
Total Assets
$11,233
Net Assets
$11,233
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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
2020
Principal Officer
CAROLYN FIGLIOLI
Phone
2102183590
Tax Period
2022-01-01 to 2022-12-31

SOLOMONS PORCH MINISTRIES, founded in 2020, is a small nonprofit in the Religion sector that reported $207K in total revenue in fiscal year 2022. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $229K exceeded revenue, resulting in a 11% operating deficit.

Mission

MISSIONARY WORK IN UGANDA

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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 (2022)

Revenue Breakdown

Contributions & Grants $206,677
Program Service Revenue $0
Investment Income $0
Other Revenue $19
TOTAL REVENUE $206,696

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $215,745
Other Expenses $229,431
TOTAL EXPENSES $229,431

Year-over-Year Comparison

2022 2021 Change
Revenue $206,696 $309,227 -0.3%
Expenses $229,431 $403,622 -0.4%
Net Income $-22,735 $-94,395 -0.8%
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
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN FIGLIOLI Director 0.00
Director
$0 $0 $0
ARLENE DONAGHE Secretary 0.00
Officer
$0 $0 $0
GWYNNE WRIGHT Treasurer 0.00
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
2022 $206,696 $229,431 $11,233 $-22,735
2021 $309,227 $403,622 $33,968 $-94,395
2020 $255,136 $126,773 $128,363 $128,363
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