Sokana Collective Worldwide

EIN: 934646850 501(c)(3) Human Services

Evanston, IL

Total Revenue
$467,724
Total Expenses
$248,480
Total Assets
$240,968
Net Assets
$238,565
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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

Legal Domicile
IL
Principal Officer
Nancy Cowans
Phone
3128059003
Tax Period
2024-01-01 to 2024-12-31

Sokana Collective Worldwide is a small nonprofit in the Human Services sector that reported $468K in total revenue in fiscal year 2024. Revenue surged 357% from the prior year, signaling strong growth momentum. The organization ran a surplus of $219K, a strong 47% operating margin.

Mission

We are leading the change to remove barriers for birth workers and families through education and service.

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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 $410,622
Program Service Revenue $57,102
Investment Income $0
Other Revenue $0
TOTAL REVENUE $467,724

Expense Breakdown

Grants Paid $50
Salaries & Benefits $3,720
Fundraising Expenses $3,558
Program Expenses $136,206
Other Expenses $244,710
TOTAL EXPENSES $248,480

Year-over-Year Comparison

2024 2023 Change
Revenue $467,724 $102,253 +3.6%
Expenses $248,480 $93,699 +1.7%
Net Income $219,244 $8,554 +24.6%
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
8
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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Crystal Flowers Chairman 2.00
Officer Director
$0 $0 $0
Dana Randle Secretary 2.00
Officer Director
$0 $0 $0
Teisha Berry Treasurer 2.00
Officer Director
$0 $0 $0
Denardo Ramos Director 2.00
Director
$0 $0 $0
Iman M Carter-Cowans Director 2.00
Director
$0 $0 $0
Nancy Cowans Director 2.00
Director
$0 $0 $0
Susan M House Director 2.00
Director
$0 $0 $0
REBECCA WOOLEY Director 2.00
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 $467,724 $248,480 $240,968 $219,244
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