SONANCE CARES INC

EIN: 921389344 501(c)(3) Philanthropy & Grantmaking

SAN CLEMENTE, CA

Total Revenue
$1,307,216
Total Expenses
$1,338,173
Total Assets
$26,572
Net Assets
$-9,858
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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
2023
Legal Domicile
DE
Principal Officer
CHRISTINE CRAIN
Phone
9493698035
Tax Period
2024-01-01 to 2024-12-31

SONANCE CARES INC, founded in 2023, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

TO WORK TOGETHER WITH OUR PARNTERS TO LEAVE A LASTING IMPACT ON THE PLANT, PEOPLE, ANIMALS, AND COMMUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,317,576
Program Service Revenue $103
Investment Income $0
Other Revenue $-10,463
TOTAL REVENUE $1,307,216

Expense Breakdown

Grants Paid $1,134,502
Salaries & Benefits $117,332
Fundraising Expenses $0
Program Expenses $1,245,025
Other Expenses $86,339
TOTAL EXPENSES $1,338,173

Year-over-Year Comparison

2024 2023 Change
Revenue $1,307,216 $1,493,610 -0.1%
Expenses $1,338,173 $1,472,511 -0.1%
Net Income $-30,957 $21,099 -2.5%
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
5
Independent Members
5
Employees
N/A
Volunteers
30

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON RUNYON PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISTINE CRAIN SECRETARY 1.00
Officer Director
$0 $0 $0
JENNIFER MALMBERG TREASURER 1.00
Officer Director
$0 $0 $0
KARI RICH DIRECTOR 1.00
Director
$0 $0 $0
SKYLER BENNIS DIRECTOR 1.00
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 $1,307,216 $1,338,173 $26,572 $-30,957
2023 $1,493,610 $1,472,511 $122,471 $21,099
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