Sokana Collective Worldwide

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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

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.

Program Service Accomplishments

Program 1

Expenses: $136,206

WE EMPOWER BLACK, BROWN, AND MARGINALIZED COMMUNITIES THROUGH COMPREHENSIVE SERVICES IN FERTILITY, PREGNANCY, BIRTH, POSTPARTUM, AND LACTATION. OUR ACTIVITIES INCLUDE TRAINING AND CERTIFYING DOULAS, PROVIDING PERSONALIZED BIRTH AND POSTPARTUM SUPPORT, HOSTING EDUCATIONAL WORKSHOPS, FACILITATING SUPPORT GROUPS, AND ENGAGING IN COMMUNITY OUTREACH TO IMPROVE MATERNAL AND INFANT HEALTH OUTCOMES.

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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%)

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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

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
2025	No data	No data	No data	No data
2024	$467,724	$248,480	$240,968	$219,244