Sophia Transformation Leadership Partners Inc

Analysis

Sophia Transformation Leadership Partners Inc is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sophia Transformation Leadership Partners Inc reported income of $87k and spending of $198k, spending 227% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $87k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 150% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sophia Transformation Leadership Partners Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include Four Peaks Rotary Foundation ($87k), Mitchell County Memorial Foundation Inc ($87k) and Smyrna Lions Club Charity Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $74k (37% of expenses). Other salaries and wages came to $50k. At year end it held assets of $718k against liabilities of $83k, net assets of $635k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.